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FractIt Completes Pilot Program for Tokenizing a Condo

FractIt Completes Pilot Program for Tokenizing a Condo

by Phil Hall | Jun 3, 2024 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

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 Expands Into the US Market

Realcoin Expands Into the US Market

by Phil Hall | Jun 3, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

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)...
New Investment Program Aimed at 1031 Exchange Investors

New Investment Program Aimed at 1031 Exchange Investors

by Phil Hall | May 29, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Origin Investments, a Chicago-headquartered multifamily investment solutions provider, has rolled out Origin Exchange, an investment program for qualified 1031 exchange investors. According to the company, the program establishes a Delaware Statutory Trust (DST) to...
Sila Realty Trust to Begin Trading on NYSE

Sila Realty Trust to Begin Trading on NYSE

by Phil Hall | May 29, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Sila Realty Trust Inc., a net lease real estate investment trust focused on the healthcare sector, announced it has received approval to list its common stock on the New York Stock Exchange (NYSE). The New York City-based REIT is expected to begin trading on June 13...
Bob Dake Named Principal at Sterling Organization

Bob Dake Named Principal at Sterling Organization

by Phil Hall | May 24, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Sterling Organization, a vertically integrated private equity real estate investment firm headquartered in West Palm Beach, Florida, has promoted Bob Dake to a principal of the firm. Dake joined the firm in 2021 as chief operating officer (COO) of Sterling’s...
TikTok Influencer Launches Real Estate Cooperative

TikTok Influencer Launches Real Estate Cooperative

by Phil Hall | May 23, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Middle Class United Cooperative (MCU), a start-up real estate cooperative created by TikTok influencer Joe “OlderMillennial” Redden, announced that it raised $3.3 million and more than 6,500 members in its first two weeks. MCU’s first round of membership is...
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