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Christopher Todd Capital Acquires First Texas BTR Community

Christopher Todd Capital Acquires First Texas BTR Community

by Phil Hall | Oct 18, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Christopher Todd Capital, the Arizona-based privately held family office that owns Christopher Todd Communities, has closed escrow on its first Texas build-to-rent acquisition. The company purchased The Cottage Green in Conroe, a recently completed 314-home community...
Floyd Mayweather Acquires 1,000-Unit Manhattan Portfolio for $402 Million

Floyd Mayweather Acquires 1,000-Unit Manhattan Portfolio for $402 Million

by Phil Hall | Oct 17, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Boxing great Floyd Mayweather has acquired a 1,000-unit affordable housing portfolio in Manhattan for $402 million. The Real Deal reported the portfolio encompasses more than 60 building in Upper Manhattan. Josh Gotlib of Black Spruce Management was the seller in the...
Kevin Cawley Named Chief Technology Officer at Legacy Group Capital

Kevin Cawley Named Chief Technology Officer at Legacy Group Capital

by Phil Hall | Oct 17, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Legacy Group Capital, the Bellevue, Washington-headquartered real estate firm focused on community-based engagement in private lending and real estate investing, announced the appointment of Kevin Cawley as chief technology officer. Cawley comes to Legacy through its...
Houston Man Sentenced for Conning Friend in Real Estate Fraud Scheme

Houston Man Sentenced for Conning Friend in Real Estate Fraud Scheme

by Phil Hall | Oct 14, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A Houston resident who cheated a friend in a phony real estate development deal has been sentenced for wire fraud. Walter Salek pleaded guilty April 5 to his involvement in a scheme to obtain more than $1 million and falsely informing an investor the funds would be...
Soham Bhonsle Named Head of Investor Relations at Compass

Soham Bhonsle Named Head of Investor Relations at Compass

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

The real estate brokerage Compass Inc. (NYSE: COMP) announced the appointment of Soham Bhonsle as the new head of investor relations. Bhonsle joins Compass from BTIG, where he served as a vice president and housing services analyst covering companies in the housing...
MCB Real Estate Renews Acquisition Bid of Whitestone REIT

MCB Real Estate Renews Acquisition Bid of Whitestone REIT

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

MCB Real Estate, a Baltimore-headquartered commercial real estate developer and investment management firm, has made a renewed attempt to acquire Whitestone REIT (NYSE: WSR) with a revised proposal. Under its latest offering, MCB would provide Whitestone shareholders...
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