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New Partnership to Build Sustainable Boutique Hotels in North America

New Partnership to Build Sustainable Boutique Hotels in North America

by Phil Hall | Oct 24, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, WRE News Exclusive

Arthrotó, a provider of sustainable prefabricated building solutions in Canada, has partnered with Switzerland’s Riva Hospitality Group to develop eco-friendly boutique hotels and resorts in the US and Canada. Arthrotó has committed to constructing hotels that...
Judge Declares Washington State Real Estate Investment Firm Ran a Ponzi Scheme

Judge Declares Washington State Real Estate Investment Firm Ran a Ponzi Scheme

by Phil Hall | Oct 21, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A federal judge ruled that the Bellevue, Washington-based real estate investment firm iCap defrauded hundreds of real estate investors through a Ponzi scheme. The Seattle Times reported Chief Judge Whitman Holt made the finding about iCap in bankruptcy court...
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...
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