The San Francisco-based real estate investment trust Prologis (NYSE: PLD) announced the retirement of CEO Hamid R. Moghadam, effective Jan. 1, 2026. Dan Letter, currently the company’s president, will succeed Moghadam as chief executive; Letter will also join the...
The fintech and investment platform Nada has rolled out its US Home Equity Fund I (US HEF), a fund designed to provide qualified investors with direct exposure to the $35 trillion US home equity market through a diversified portfolio of Home Equity Agreements (HEAs)....
National Multifamily Corp. announced the sale of a 16-unit multifamily portfolio in Bridgeport, Connecticut, for $1.55 million ($96,875 per unit). The portfolio consisted of 33-35 Granfield Avenue (5 units), 43-45 Granfield Avenue (4 units), 330 Palisade Avenue (2...
The global investment firm KKR & Co. Inc. (NYSE: KKR) has announced the final close of the KKR Opportunistic Real Estate Credit Fund II (ROX II) at $850 million. The company describes ROX II as “a strategy dedicated to opportunistic investments in senior loans and...
The head of a New York City commercial real estate investment firm pleaded guilty for coordinating a fraud scheme that siphoned $62.8 million from more than 800 investors. Elchonon “Elie” Schwartz, in his role as the CEO of Nightingale Properties, solicited...
Ukraine recorded its first land purchase by a Western private fund since the Russian invasion in 2022. The Odessa News reports the Amsterdam-based Arcona Property Fund (APF) acquired a land plot in central Kyiv from Secure Property Investment and Development, a...
