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Executive Changes at LTC Properties

Executive Changes at LTC Properties

by Phil Hall | Dec 10, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

LTC Properties Inc. (NYSE: LTC), a real estate investment trust focused on seniors housing and health care properties, announced changes in its executive leadership with the appointment of Wendy Simpson as executive chairman of the board of directors, the promotion of...
Gindi Equities Acquires Second Multifamily Community in Fargo

Gindi Equities Acquires Second Multifamily Community in Fargo

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Gindi Equities, a New York City-based investment manager focused on multifamily assets, announced the acquisition of Timber Creek Apartment Homes, a multifamily community in Fargo, North Dakota. The 252-unit property was acquired from Property Resources Group, which...
Northmarq Sells Maryland Build-to-Rent Community for $54 Million

Northmarq Sells Maryland Build-to-Rent Community for $54 Million

by Phil Hall | Dec 5, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Northmarq, a Minneapolis-headquartered capital markets resource for commercial real estate investors, has completed the $54 million sale of The Current at Watershed, a 97-unit build-to-rent community in Laurel, Maryland. Built in 2023 and located 19 miles south of...
Mark Bratt to Step Down as CEO at Westwood Financial

Mark Bratt to Step Down as CEO at Westwood Financial

by Phil Hall | Dec 4, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Westwood Financial, the Los Angeles-headquartered retail real estate investment firm, announced that CEO Mark Bratt will retire at the end of the month. Bratt has been Westwood’s CEO since January 2019. He was previously a senior managing director at CBRE, and earlier...
NAREIM Begins Search for New CEO

NAREIM Begins Search for New CEO

by Phil Hall | Dec 3, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The National Association of Real Estate Investment Managers (NAREIM) has launched a search for a new CEO. Zoe Hughes, the organization’s current CEO, is stepping down after more than six years after being appointed to the chief executive role at the Pension Real...
Arrival Home Loans Launches Residential Bridge Loan Lending Fund

Arrival Home Loans Launches Residential Bridge Loan Lending Fund

by Phil Hall | Dec 3, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Arrival Home Loans, a Novato, California-based division of Pacific Private Money Inc., has unveiled Arrival Fund I LLC, a residential bridge loan lending fund. According to the company, the new fund offers a preferred 10%1 rate of return for investors, with profits...
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