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Brennan Investment Group Names Zane Smith as VP for Dallas-Fort Worth Region

Brennan Investment Group Names Zane Smith as VP for Dallas-Fort Worth Region

by Phil Hall | Aug 5, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Brennan Investment Group, a Rosemont, Illinois-headquartered real estate investment firm focused on industrial properties, has hired Zane Smith as vice president for the Dallas-Fort Worth region. In his new role, Zane will be involved in sourcing and closing both new...
CMBS Delinquency Rate Rises, Fueled by Office Sector

CMBS Delinquency Rate Rises, Fueled by Office Sector

by Phil Hall | Aug 1, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The delinquency rate for commercial mortgage-backed securities (CMBS) rose by 8 basis points to 5.43% in July, with the office sector accounting for almost two-thirds of the newly delinquent loans in July. According to new data from Trepp Inc., the office delinquency...
Blackstone in Talks to Acquire Retail-Focused REIT

Blackstone in Talks to Acquire Retail-Focused REIT

by Phil Hall | Aug 1, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The private equity firm Blackstone (NYSE:BX) is reportedly in discussions to acquire Retail Opportunity Investments Corp (NASDAQ: ROIC), a real estate investment trust (REIT) focused on retail properties in the Western states. According to a Reuters report sourced...
Muinzer Acquires Two Student Housing Communities Adjacent to Purdue University

Muinzer Acquires Two Student Housing Communities Adjacent to Purdue University

by Phil Hall | Jul 29, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Muinzer, a Los Angeles-headquartered real estate investment firm specializing in student housing, has acquired the Grant Street Station and South Street Station communities next to Purdue University in West Lafayette, Indiana. The properties total 362 student housing...
Investment Firms Acquire Two Core-Plus Communities in Tampa Suburb

Investment Firms Acquire Two Core-Plus Communities in Tampa Suburb

by Phil Hall | Jul 29, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The investment firms Argyle Real Estate Partners LLC and Sembler Investments Real Estate Partners (SIREP) announced their acquisition of two properties in the Tampa suburb of Lutz, Florida. The acquired properties are Sage at Cypress Cay, a 324-unit, core-plus...
GoldenTree Asset Management Names New Head of Real Estate Credit Origination

GoldenTree Asset Management Names New Head of Real Estate Credit Origination

by Phil Hall | Jul 29, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

GoldenTree Asset Management LP announced the hiring of Sam Friedland as principal and head of real estate credit origination, a newly created role. Friedland will be based in the firm’s New York City office and will report to Lee Kruter, partner and head of performing...
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