Caliber (NASDAQ: CWD), a real estate investor, developer and manager headquartered in Scottsdale, Arizona, has promoted Ignacio Martinez from senior vice president of operations to chief operating officer. Martinez takes over the role previously held by Jennifer...
Rexford Industrial Realty Inc. (NYSE: REXR), a real estate investment trust focused on industrial properties in Southern California, has acquired approximately 3 million square feet of industrial properties from Blackstone (NYSE: BX) for $1 billion. The combined...
A Brooklyn woman who ran a real estate Ponzi scheme that stole $959,000 from nine victim received a prison sentence of three-and-a-half to seven years. Regine Norman, also known as Regine Ellis, falsely promoted herself as a member of NY Private Auction Inc., which...
IPA Capital Markets, a division of Marcus & Millichap (NYSE: MMI), specializing in capital markets services for major private and institutional clients, announced the hiring of Brandon Roth as managing director in its Palo Alto, California office. Prior to joining...
The Philadelphia-based EQT Exeter Real Estate Income Trust Inc. (EQRT) announced its first acquisition with the $60.9 million purchase of an industrial property in Georgetown, Texas. The 449,642 square-foot property is fully occupied by GAF Energy LLC, a producer of...
A total of 308,922 single-family homes and condos were flipped in the U.S. during 2023, according to data from ATTOM. This represented a 29.3% plummet from the 436,807 total in 2022, marking the greatest annual decline since 2008. Flips accounted for 8.1% of all 2023...
Hits and Misses for the Real Estate Week of June 15-19
