McLean, Virginia-based Gladstone Investment Corporation (NASDAQ:GAIN) has sold its portfolio company Nocturne Luxury Villas Inc. to an affiliate of Calera Capital. According to Gladstone Investment, the company “received full repayment of its debt investment and...
The Chicago-based title insurance underwriter Advocus National Title Insurance Company has rolled out a new 1031 exchange service offering. The Advocus National 1031 Exchange LLC is an entity owned and operated by Accruit, a leading 1031 exchange Qualified...
New York City-based Franklin BSP Realty Trust Inc. (NYSE: FBRT) is acquiring NewPoint Holdings JV LLC, a privately held commercial real estate finance company headquartered in Plano, Texas. The financial terms of the deal were not disclosed. According to the...
Seven Hills Realty Trust (Nasdaq: SEVN) has named Matthew Brown appointed as chief financial officer (CFO) and treasurer. Brown is a senior vice president of The RMR Group (NASDAQ: RMR), an alternative asset management company where he oversees the accounting and...
The alternative asset management company Blackstone (NYSE: BX) announced the final close of its most recent commercial real estate debt fund, Blackstone Real Estate Debt Strategies V (BREDS V), which has approximately $8 billion of total capital commitments. The Wall...
Habitat for Humanity International’s community development financial institution, Habitat Capital, announced a new partnership to establish an $82.5 million property acquisition fund to boost US affordable housing production by an estimated 1,000 homes. The new...
