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...
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...
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, 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...
Partners Group, the Swiss-based global private equity firm, announced its acquisition of Empira Group, a real estate investment platform. The financial terms of the acquisition were not disclosed. Founded in 2014 and headquartered in Switzerland, Empira Group is...
The delinquency rate for commercial mortgage-backed securities (CMBS) soared in November by 42 basis points to 6.40%, according to new data from Trepp Inc. One year ago, the delinquency rate was at 4.58%. Trepp attributed the upswing to substantial increases in the...
