Gindi Equities, a New York City-based investment manager that targets multifamily assets, has acquired Osgood Townsite Apartments community in Fargo, North Dakota, from Property Resources Group. The financial terms of the deal were not disclosed. The purchase marks...
Calvera Partners, a San Francisco-based multifamily real estate investment firm, announced its acquisition of the 152-unit 27TwentySeven Apartment Homes in Dallas. This acquisition is Calvera’s second acquisition in the Dallas-Fort Worth metro area and the first...
Blaze Capital Partners, a Charleston, South Carolina-based rental housing investment management firm, has acquired Lector 85, a 254-unit apartment community located in the Tampa suburb of Ybor City, Florida. Lector 85 is a Class A mid-rise apartment community built in...
The commercial mortgage-backed security (CMBS) delinquency rate declined by 10 basis points in May to 4.97%, according to data from Trepp Inc. “The decrease was primarily driven by some sizable resolutions in the office sector,” said Stephen Buschbom, research...
FractIt, a Toronto-headquartered blockchain-based platform for fractional real-world asset ownership, has completed its pilot program involving the tokenizing of an Indian condominium valued at $235,000. FractIt offers fractional real estate ownership through...
Realcoin Global Tech, the Dubai-based company behind the Realcoin Web3 Real Estate Platform, has opened a representative office in Sheridan, Wyoming, that will serve as its operational and product development hub for its expansion into the U.S. market. Realcoin (RCT)...
