SAFStor, a Daytona Beach, Florida-based developer of Class A self-storage, has launched SAFHarbor Opportunity Fund LLC as its latest Regulation D 506(c) offering. According to the company, the new fund intends to raise $23 million from accredited investors for the...
A YouTube star’s homebuilding project, a new mansion tax proposal and Detroit leads the nation for the wrong reason. From the wild and wooly world of real estate, here are our Hits and Misses for the real estate week of July 1-5. Hit: MrBeast to the Rescue. The...
Mantra, an institutional-grade Layer 1 Blockchain for real world assets, has announced a strategic partnership with MAG, a United Arab Emirates-based developer with a real estate portfolio valued at over $5 billion. According to the companies, Mantra’s blockchain...
The Chicago-headquartered real estate services firm Jones Lang LaSalle Inc. (JLL) (NYSE: JLL) has launched its inaugural commercial paper program. According to the company, up to $2.5 billion of short-term, unsecured, and unsubordinated commercial paper notes will be...
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, 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...
