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Two Harbors and CrossCountry Mortgage Amend Merger Deal to Match UWM’s $12-Per-Share Offer

Two Harbors and CrossCountry Mortgage Amend Merger Deal to Match UWM’s $12-Per-Share Offer

by Phil Hall | May 8, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused REIT and CrossCountry Mortgage LLC (CCM), have amended their merger agreement to increase the per-share all cash consideration payable to Two Harbors stockholders to $12.00 per share from...
Mark Kenney to Step Down as CAPREIT’s Chief Executive

Mark Kenney to Step Down as CAPREIT’s Chief Executive

by Phil Hall | May 8, 2026 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) (TSX:CAR.UN), has announced President and CEO Mark Kenney will retire on July 2. Kenney served in the leadership roles since November 2018; he was previously chief operating officer. He will also...
Brookfield Asset Management Completes $1.2 Billion Acquisition of Peakstone Realty Trust

Brookfield Asset Management Completes $1.2 Billion Acquisition of Peakstone Realty Trust

by Phil Hall | May 7, 2026 | Commercial Real Estate News, News/Current Events, Real Estate Investing, WRE News Exclusive

Brookfield Asset Management (NYSE: BAM, TSX: BAM) announced the completion of its $1.2 billion all-cash acquisition of Peakstone Realty Trust (NYSE: PKST). El Segundo, California-based Peakstone offers a portfolio of more than 70 industrial assets, including...
Real Estate Investor Sentiment at 3-Year Low

Real Estate Investor Sentiment at 3-Year Low

by Phil Hall | May 6, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Real estate investor sentiment declined during the first quarter to the lowest recorded score in 11-quarter history of the RCN Capital/CJ Patrick Company Investor Sentiment Index. The 14-point drop to an index score of 87 was also the first time that all four elements...
Ownify Debuts Home Fund in Colorado

Ownify Debuts Home Fund in Colorado

by Phil Hall | May 6, 2026 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Ownify, the San Francisco-based fractional homeownership platform, has launched a new fund in Colorado that will co-invest in single-family starter homes alongside qualified first-time homebuyers. The Ownify Home Fund Colorado will allow qualified first-time buyers to...
ECI Group Partners with ApexOne on $500 Million Multifamily Fund

ECI Group Partners with ApexOne on $500 Million Multifamily Fund

by Phil Hall | May 6, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The real estate firm ECI Group has teamed with ApexOne Investment Partners in a joint venture to form ApexOne-ECI Multifamily Fund VI LP, which will focus on the acquisition, redevelopment and managing of multifamily assets across the Sunbelt, Midwest, and Mountain...
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