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...
The Federal Agricultural Mortgage Corporation, more commonly known as Farmer Mac (NYSE: AGM, AGM.A), announced its completion of a $308.1 million securitization of agricultural mortgage loans. The completed securitization is Farmer Mac’s fourth transaction in...
The real estate private equity firm Madison International Realty is expanding into the Asia-Pacific presence with the opening of an office in Singapore. Yichao Mark, formerly director of strategic investor solutions at the company’s New York City headquarters,...
Hits and Misses for the Real Estate Week of June 15-19
