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New REIT Focuses on Historic Harlem Apartment Building

New REIT Focuses on Historic Harlem Apartment Building

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

Our Financial Health, a financial wellness organization, has created a real estate investment trust (REIT) centered on a historic apartment building in the Harlem section of New York City. The REIT is focused on the 10-unit property at 422 St. Nicholas Avenue built in...
Flacks Group Acquires Georgia’s Crowne Plaza North Augusta Hotel

Flacks Group Acquires Georgia’s Crowne Plaza North Augusta Hotel

by Phil Hall | Nov 25, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Flacks Group, a Miami-based investment firm, has acquired the 180-room Crowne Plaza North Augusta, an IHG Hotel in Augusta, Georgia. The luxury hotel was built in 2019 and is based along the Savannah River. It is located a short distance from the Augusta National Golf...
VanWest Partners Acquires Three Self-Storage Properties

VanWest Partners Acquires Three Self-Storage Properties

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

The Denver-based real estate investment firm VanWest Partners announced its acquisition of three self-storage assets in Arkansas, Georgia, and Nevada. The acquired properties are based in Springdale, Arkansas, with 539 units and 72,645 net rentable square feet (NRSF);...
Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate

Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate

by Phil Hall | Nov 20, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate investor Bo Belmont and his company, Belwood Investments, have made a $30 million offer on the Los Angeles home of the jailed music mogul Sean “Diddy” Combs. Combs acquired his Holmby Hills estate in 2014 for $39 million and listed it at $60...
Grant Cardone Considers Run for California Governor

Grant Cardone Considers Run for California Governor

by Phil Hall | Nov 18, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

High-profile real estate investor Grant Cardone is publicly considering the possibility of running for governor of California in 2026. Cardone is the founder of multiple companies including 10X Studios, Cardone Ventures and 10X Health System, and a co-founder/investor...
Fourth Avenue Capital Acquires 2 Multifamily Properties in Portland Metro Area

Fourth Avenue Capital Acquires 2 Multifamily Properties in Portland Metro Area

by Phil Hall | Nov 18, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Fourth Avenue Capital announced its acquisition of two multifamily properties in the Portland metro area. The company acquired 140 Sacramento, a newly constructed Class-A townhome property in Portland that was built in 2023. All units in the project are 3-stories tall...
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