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Scioto Properties Acquires 277-Property Portfolio for $80 Million

Scioto Properties Acquires 277-Property Portfolio for $80 Million

by Phil Hall | Sep 10, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Scioto Properties, a Columbus, Ohio-based real estate investment company focused on providing long-term residential financing services in the healthcare industry, has paid $80 million to acquire a portfolio of 277 properties across 17 states. The acquisition is the...
S2 Capital Acquires Denver-Area Multifamily Community

S2 Capital Acquires Denver-Area Multifamily Community

by Phil Hall | Sep 9, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

S2 Capital, a Dallas-headquartered multifamily investment manager, has acquired Dartmouth Woods, a 201-unit multifamily community in the Denver suburb of South Lakewood, Colorado. The financial terms of the transaction were not disclosed. Dartmouth Woods was built in...
CMBS Delinquency Rate Inches Up

CMBS Delinquency Rate Inches Up

by Phil Hall | Sep 3, 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) inched up by one basis point in August to reach a level of 5.44%, according to new data from Trepp Inc. But unlike in many previous months when the office sector was responsible for driving up the...
Oregon Real Estate Investment Firm Owners Indicted on Fraud Charges

Oregon Real Estate Investment Firm Owners Indicted on Fraud Charges

by Phil Hall | Sep 3, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The owners of an Oregon-based real estate investment company have been charged with defrauding individual investors and commercial lenders out of more than $18 million. According to the indictment, Robert D. Christensen and Anthony M. Matic are accused of conducting a...
Aphorio Carter Critical Infrastructure Fund Acquires Denver-Area Data Center

Aphorio Carter Critical Infrastructure Fund Acquires Denver-Area Data Center

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

Aphorio Carter Critical Infrastructure Fund LLC, a 506(c) private placement offering focused on critical infrastructure and data center investments, has acquired the Centennial Data Center in Centennial, Colorado for approximately $7.3 million. Located in the Denver...
Hamilton Zanze Sponsors Purchase of Nashville Apartment Community

Hamilton Zanze Sponsors Purchase of Nashville Apartment Community

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

Hamilton Zanze, a San Francisco-based multifamily real estate investment firm, has sponsored the purchase of The Morris, a 19-story, 344-unit Class A apartment community in Nashville. The acquisition closed on Aug. 16 and the financial terms of the transaction were...
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