Legacy Group Capital, the Bellevue, Washington-headquartered real estate firm focused on community-based engagement in private lending and real estate investing, announced the appointment of Kevin Cawley as chief technology officer. Cawley comes to Legacy through its...
A Houston resident who cheated a friend in a phony real estate development deal has been sentenced for wire fraud. Walter Salek pleaded guilty April 5 to his involvement in a scheme to obtain more than $1 million and falsely informing an investor the funds would be...
The real estate brokerage Compass Inc. (NYSE: COMP) announced the appointment of Soham Bhonsle as the new head of investor relations. Bhonsle joins Compass from BTIG, where he served as a vice president and housing services analyst covering companies in the housing...
MCB Real Estate, a Baltimore-headquartered commercial real estate developer and investment management firm, has made a renewed attempt to acquire Whitestone REIT (NYSE: WSR) with a revised proposal. Under its latest offering, MCB would provide Whitestone shareholders...
Ares Management Corporation (NYSE: ARES) announced it will acquire the GCP International, the global business of GLP Capital Partners Limited, for approximately $1.8 billion in cash and approximately $1.9 billion in Ares Class A Common Shares. According to the...
Matterhorn Venture Partners (MVP), a Chicago-based real estate investment firm, has hired Gary Nussbaum as a principal. In his new role, Nussbaum will source and implement new acquisition opportunities throughout primary US real estate markets, with a focus on...
Hits and Misses for the Real Estate Week of June 15-19
