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Alex de Calice Joins Point as Head of Capital Formation

Alex de Calice Joins Point as Head of Capital Formation

by Phil Hall | Apr 16, 2024 | Industry Updates, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The home equity investment platform Point has hired Alex de Calice as head of capital formation. In his new role, de Calice will spearhead the company’s platform capital fundraising efforts and foster strategic partnerships with institutional investors to drive...
Startup to Target Individual Investors for Real Estate Fund Opportunities

Startup to Target Individual Investors for Real Estate Fund Opportunities

by Phil Hall | Apr 15, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Westport, Connecticut-based Allura Capital LLC, the financial arm of Allura Global, has partnered with Targeted Real Estate Equities LLC and Holly Pond Capital LLC to launch The Valorem Group LLC, which will sponsor a series of private equity real estate funds...
Bascom Group Acquires Las Vegas-Area Senior Housing Complex for $3 Million

Bascom Group Acquires Las Vegas-Area Senior Housing Complex for $3 Million

by Phil Hall | Apr 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Bascom Group LLC, an Irvine, California-headquartered private equity firm, has acquired the Nevada-based senior housing complex Homestead at Boulder City for $3.05 million. The 72-unit Homestead was built in 1999 and is located on 6.39 acres in Boulder City,...
Welker Properties Launches Investor Vehicle for Off-Market Homes

Welker Properties Launches Investor Vehicle for Off-Market Homes

by Phil Hall | Apr 9, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Welker Properties, a Dallas-headquartered multifamily real estate development company, has debuted Prophet Homes, which is designed to offer investors access to off-market homes. According to the company, the Prophet Homes Real Estate Marketplace is designed to...
Blackstone Acquires AIR Communities for $10 Billion

Blackstone Acquires AIR Communities for $10 Billion

by Phil Hall | Apr 8, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Blackstone (NYSE: BX) and Apartment Income REIT Corp. (AIR Communities) (NYSE: AIRC), announced that Blackstone Real Estate Partners X will acquire all outstanding common shares of AIR Communities for $39.12 per share in an all-cash transaction valued at approximately...
Kiavi Debuts Construction Financing Product for Real Estate Investors

Kiavi Debuts Construction Financing Product for Real Estate Investors

by Phil Hall | Apr 8, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Kiavi, a San Francisco-headquartered private lender to residential real estate investors, has introduced a construction financing product. According to a statement from the company, the new product will leverage its technology platform and data advantage “to offer...
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