The Bascom Group LLC, an Irvine, California-headquartered private equity firm, has acquired 2300 Elliott, a 92-unit multifamily community in Seattle. Built in 1992, the property features a five-story residential building situated above two levels of structured...
A total of 74,618 single-family homes and condominiums were flipped in the third quarter, according to new data from ATTOM. This accounted for 7.2%, or one of every 14 home sales, during that period. The third quarter total is down slightly from 7.6% of all sales in...
Mid-America Apartment Communities Inc. (MAA) (NYSE: MAA), a Germantown, Tennessee-headquartered real estate investment trust focused on in the Southeast, Southwest and Mid-Atlantic markets, announced the appointment of A. Bradley Hill as president and CEO effective...
A California man at the center of a real estate scam that raised $13.8 million by falsely promising investors returns of up to 10% was sentenced to 15 years and one month in prison. The Orange County Register reported Brett Barber, who was a co-owner of Newport...
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, 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...
