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Investors to Receive $2.1 Million of the $33 Million Lost in Real Estate Fraud

Investors to Receive $2.1 Million of the $33 Million Lost in Real Estate Fraud

by Phil Hall | Jun 28, 2024 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The British Columbia Securities Commission (BCSC) announced it is returning $2.1 million to investors who were defrauded in a real estate investment scheme that drained $33 million from its victims. In 2016, the BCSC found sisters Siu Mui “Debbie” Wong and Siu Kon...
The Milestone Group Purchases Florida Multifamily Community

The Milestone Group Purchases Florida Multifamily Community

by Phil Hall | Jun 27, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Milestone Group, a real estate investment management firm focused on multifamily assets, has acquired the Axis Delray Beach Apartments, a 488-unit, garden-style community in Delray Beach, Florida. Axis Delray Beach features one-, two-, and three-bedroom garden and...
Cityview Acquires Bay Area Multifamily Complex

Cityview Acquires Bay Area Multifamily Complex

by Phil Hall | Jun 21, 2024 | News/Current Events, Real Estate Investing, U.S. Housing Market, WRE News Exclusive

Cityview, a multifamily investment management and development firm, has acquired Tralee Village Apartments in the Bay Area city of Dublin, California. The financial terms of the deal were not disclosed. Built in 2011, Tralee Village Apartments encompasses two...
NBA Legend Dominique Wilkins Named Investor and Partner in Roots Real Estate Fund

NBA Legend Dominique Wilkins Named Investor and Partner in Roots Real Estate Fund

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

Atlanta Hawks icon and NBA Hall of Famer Dominique Wilkins was named as an investor and partner with Roots, an Atlanta-headquartered real estate fund. In his new role, Wilkins will share his likeness in videos and at curated gatherings to introduce Roots’ “Live...
Healing Realty Trust Raises $25M in Series A Funding Round

Healing Realty Trust Raises $25M in Series A Funding Round

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

Healing Realty Trust (HRT), a Jupiter, Florida-based real estate investment trust focused on healthcare-related properties in the mental, behavioral, and physical health sectors, has closed the first tranche of its $25 million Series A funding round. The company,...
Seven-Building Affordable Housing Portfolio in Brooklyn is Sold

Seven-Building Affordable Housing Portfolio in Brooklyn is Sold

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

Tredway, an affordable and mixed-income real estate developer that builds and preserves high-quality, high-opportunity housing, has partnered with ELH Mgmt. LLC in the acquisition of a seven-building, 193-unit affordable housing portfolio in Brooklyn’s Fort...
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