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...
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...
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, 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 (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, 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...