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Bascom Group Acquires Student Housing Community Next to UT Austin

Bascom Group Acquires Student Housing Community Next to UT Austin

by Phil Hall | Jan 15, 2024 | Real Estate Investing, Real Estate News, WRE News Exclusive

The Bascom Group LLC, an Irvine, California-headquartered private equity firm, has acquired a 204-bed student housing community next to the University of Texas at Austin. The property, called Texan 26, is a 204 bed, 53-unit community that was built in 2014. The...
Namit Sinha Named CIO at Angel Oak Capital Advisors

Namit Sinha Named CIO at Angel Oak Capital Advisors

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

Atlanta-headquartered Angel Oak Capital Advisors LLC has named Namit Sinha as chief investment officer (CIO), effective on March 31. Sinha has served as CIO of the firm’s private strategies division since February 2020. He joined Angel Oak in 2018 as head of mortgage...
Real Estate Investor Grant Cardone Files Defamation Lawsuit for $100 Million

Real Estate Investor Grant Cardone Files Defamation Lawsuit for $100 Million

by Phil Hall | Jan 12, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Real estate investor and social media personality Grant Cardone has filed a $100 million defamation lawsuit against former T-Mobile CEO John Legere for calling him a “con man” and a “bulls**t artist.” According to a New York Post report, Cardone filed a lawsuit in...
Requity Homes Closes on $26 Million Financing Round

Requity Homes Closes on $26 Million Financing Round

by Phil Hall | Jan 11, 2024 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Toronto-based proptech Requity Homes announced the closing of $26 million in equity and debt financing. Requity Homes offers Canadians a rent-to-own program that enables them to rent their residence while being able to save money the option to purchase at a...
UC Asset LP Begins Stock Buyback Program

UC Asset LP Begins Stock Buyback Program

by Phil Hall | Jan 11, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

UC Asset LP (OTCQB: UCASU), an Atlanta-based real estate investment firm, has filed with the U.S. Securities and Exchange Commission to launch a stock buyback program. In a Form 1-U filed by the company, the company stated, “On Jan. 10, 2024, the general partner of...
Robert L. Denton Sr Named Trustee Board Chairman at COPT Defense Properties

Robert L. Denton Sr Named Trustee Board Chairman at COPT Defense Properties

by Phil Hall | Jan 5, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

COPT Defense Properties (NYSE: CDP), a Columbia, Maryland-based self-managed real estate investment trust (REIT) focused on properties in locations near or containing U.S. government defense installations and missions, has announced the election of Robert L. Denton...
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