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Medical Properties Trust Regains Control of Its Real Estate from Steward Health Care

Medical Properties Trust Regains Control of Its Real Estate from Steward Health Care

by Phil Hall | Sep 13, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Medical Properties Trust Inc. (NYSE: MPW) announced a settlement agreement with the bankrupt Steward Health Care System, along with its secured lenders (“the Lenders”) and the Unsecured Creditors Committee, that will cut its relationship with Steward and restore the...
Maverick Real Estate Partners Closes Seventh Flagship Fund

Maverick Real Estate Partners Closes Seventh Flagship Fund

by Phil Hall | Sep 12, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Maverick Real Estate Partners LLC (“Maverick”), a New York City-based investment manager focused on distressed debt secured by commercial real estate, has closed Maverick Lien Fund VII LP with commitments of $232.4 million from pension funds, endowments, foundations,...
Social Media Influencer Indicted on 15 Counts Related to Real Estate Investment Fraud

Social Media Influencer Indicted on 15 Counts Related to Real Estate Investment Fraud

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

Theodore Miller, a social media influencer who attracted investors by presenting himself across TikTok and Instagram as a wealthy real estate mogul, received a 15-count indictment on charges relating to wire fraud, money laundering, and obstruction. Miller, who went...
West77 Partners Expands Into Phoenix Market

West77 Partners Expands Into Phoenix Market

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

West77 Partners, a real estate investment and development firm based in Bellevue, Washington, and Salt Lake City, has opened a new office in the greater Phoenix market. According to the company, the new office will handle its construction of multiple LivAway Suites...
Scioto Properties Acquires 277-Property Portfolio for $80 Million

Scioto Properties Acquires 277-Property Portfolio for $80 Million

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

Scioto Properties, a Columbus, Ohio-based real estate investment company focused on providing long-term residential financing services in the healthcare industry, has paid $80 million to acquire a portfolio of 277 properties across 17 states. The acquisition is the...
S2 Capital Acquires Denver-Area Multifamily Community

S2 Capital Acquires Denver-Area Multifamily Community

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

S2 Capital, a Dallas-headquartered multifamily investment manager, has acquired Dartmouth Woods, a 201-unit multifamily community in the Denver suburb of South Lakewood, Colorado. The financial terms of the transaction were not disclosed. Dartmouth Woods was built in...
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