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Blake Johnson to Become CFO at Granite Point Mortgage Trust

Blake Johnson to Become CFO at Granite Point Mortgage Trust

by Phil Hall | Aug 26, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

New York City-based Granite Point Mortgage Trust Inc. (NYSE: GPMT) has named Blake Johnson as its next chief financial officer (CFO), effective Dec. 1. Johnson will join the company no later than Oct. 28 as deputy CFO before assuming the CFO role. He will succeed...
Cushman & Wakefield Hires Miles Treaster as Head of Capital Markets

Cushman & Wakefield Hires Miles Treaster as Head of Capital Markets

by Phil Hall | Aug 23, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Cushman & Wakefield (NYSE: CWK) has hired Miles Treaster as president of capital markets, Americas. In his new job, Treaster will oversee the operations of the capital markets group, with a focus on strengthening its platform and driving scalable growth through...
Wesley LePatner Promoted to CEO of Blackstone Real Estate Income Trust

Wesley LePatner Promoted to CEO of Blackstone Real Estate Income Trust

by Phil Hall | Aug 23, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Blackstone Real Estate Income Trust Inc. (BREIT) announced the promotion of Chief Operating Officer Wesley LePatner to CEO, effective Jan. 1, 2025. LePatner succeeds Frank Cohen, who is retiring as chief executive at the end of the year and will remain with the...
ElmTree Funds Debuts Early Investor Incentive Program

ElmTree Funds Debuts Early Investor Incentive Program

by Phil Hall | Aug 20, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

ElmTree Funds, the St. Louis-based private equity real estate firm focused on the commercial real estate net-lease sector, has unveiled an early investor incentive program designed to benefit early investors in the firm’s recently launched ElmTree Industrial Trust, a...
Colorado Church Becomes First to Tokenize

Colorado Church Becomes First to Tokenize

by Phil Hall | Aug 19, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

REtokens, a Swiss company focused on tokenizing real estate assets, has collaborated with One Hope of Colorado to tokenize an historic church using the Polymesh blockchain. One Hope rents a landmark building known as Old Stone Church (OSC), the 1897 church in Fort...
Investor Home Purchases Recorded Biggest Increase in 2 Years

Investor Home Purchases Recorded Biggest Increase in 2 Years

by Phil Hall | Aug 15, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Investor purchases of homes shout up by 3.4% year-over-year in the second quarter, according to new data from Redfin (NASDAQ:RDFN). This marked the largest increase since the second quarter of 2022. Investors acquired $43 billion worth of homes in the second quarter,...
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