Real Estate Secured Crowd Investments (RESCI) has launched a platform designed to expand property investment in South Africa. According to the company, the new platform is based on en commandite partnerships, a structure that allows investors to become silent partners...
Morgan Properties, a national real estate investment and management company headquartered in Conshohocken, Pennsylvania, expanded into the Kentucky market with the $39 million acquisition of Blankenbaker Crossings, a 236-unit garden-style apartment community in...
The multifamily investment management firm S2 Capital acquired a distressed multifamily portfolio consisting of five properties facing foreclosure in Dallas, Nashville, and Knoxville, Tennessee, encompassing 1,768 units. S2 invested $60 million of rescue capital in a...
Chicago-headquartered LaSalle Investment Management has acquired Tempe Commerce Park, a five-building industrial complex totaling 536,122 square feet in Tempe, Arizona. The 36.79-acre property features 24-foot clear heights, dock-high and grade-level doors, and ample...
Saudi Arabia will become the first Persian Gulf nation to establish a securitization market for residential mortgage-backed securities (RMBS). The Public Investment Fund’s Saudi Real Estate Refinance Co. is partnering with Hassana Investment Co., a government pension...
Hedge fund executive Bill Ackman is predicting the government-sponsored enterprises (GSEs) Freddie Mac (OTCQB; FMCC) and Fannie Mae (OTCQB: FNMA) will be privatized during the upcoming Trump administration. The GSEs have been in federal conservatorship since September...
