Starwood Capital Group, a Miami Beach-headquartered private investment firm with a primary focus on real estate, announced that Andrew J. Sossen will rejoin the firm in September as a senior managing director and chief operating officer. Upon his return, Sossen will...
Former President Donald Trump is reportedly planning a new project that will encourage investment in tokenized Real World Assets (RWA). According to a report in Bitcoinist.com, Trump and his son Donald Trump Jr. are reportedly at work on a crypto project designed to...
Healing Realty Trust (HRT), a self-managed real estate investment company focused on purchasing healthcare-related real estate assets dedicated to serving the mental, behavioral, and physical health sectors, has entered into three new Preferred Real Estate Partnership...
Virtú Investments, a multifamily real estate investment firm focuses on the western states, has acquired ALX, a 313-unit multifamily property in San Diego. The 19-story ALX was built in 2017 in the city’s Ballpark District neighborhood and also features 2,600 square...
Brennan Investment Group, a Rosemont, Illinois-headquartered real estate investment firm focused on industrial properties, has hired Zane Smith as vice president for the Dallas-Fort Worth region. In his new role, Zane will be involved in sourcing and closing both new...
The delinquency rate for commercial mortgage-backed securities (CMBS) rose by 8 basis points to 5.43% in July, with the office sector accounting for almost two-thirds of the newly delinquent loans in July. According to new data from Trepp Inc., the office delinquency...