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...
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...
Mortgage Delinquencies Decline While Prepayment Activity Nears a 4-Year Hig…
