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Ukraine Records First Real Estate Purchase by Western Private Fund Since Russian Invasion

Ukraine Records First Real Estate Purchase by Western Private Fund Since Russian Invasion

by Phil Hall | Feb 13, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

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...
Indiana Developer Sentenced for Real Estate Fraud Scheme

Indiana Developer Sentenced for Real Estate Fraud Scheme

by Phil Hall | Feb 12, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

An Indiana real estate developer was sentenced to 41 months in prison for his role in a fraud scheme aimed at real estate investors. According to court documents, Herbert “Bert” Whalen operated Oceanpointe Property Management in Indianapolis from August 2016 to July...
Kiavi Expands Presence to 13 Additional States

Kiavi Expands Presence to 13 Additional States

by Phil Hall | Feb 11, 2025 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Kiavi, a San Francisco-headquartered private lender to residential real estate investors, announced it has expanding into 13 states, bringing its nationwide presence to 45 states and the District of Columbia. According to the company, it is now able to serve real...
Vietnam Considers New Taxes to Address Growing Real Estate Speculation

Vietnam Considers New Taxes to Address Growing Real Estate Speculation

by Phil Hall | Feb 7, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate Investing, WRE News Exclusive

The government of Vietnam is considering new taxes designed to limit real estate speculation that has been driving up prices. Vietnam News reports Prime Minister Phạm Minh Chính has asked the Ministry of Finance to draft new policies designed to improve oversight of...
Equus Capital Partners’ Chairman Named Honorary Consul of San Marino

Equus Capital Partners’ Chairman Named Honorary Consul of San Marino

by Phil Hall | Feb 6, 2025 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Equus Capital Partners, a Philadelphia-headquartered private equity real estate fund management firm, announced that Chairman Daniel DiLella has been appointed Honorary Consul of the Republic of San Marino in Delray Beach, Florida, with jurisdiction over the states of...
CMBS Delinquency Rate Down by 1 Basis Point

CMBS Delinquency Rate Down by 1 Basis Point

by Phil Hall | Feb 3, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The delinquency rate on commercial mortgage-backed securities (CMBS) dipped by 1 basis point in January to 6.56%, according to data from Trepp Inc. One year ago, the CMBS delinquency rate was 4.66%. “This pullback follows six straight months of increases to the...
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