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Mike Rawle Named CFO at Nexus Industrial REIT

Mike Rawle Named CFO at Nexus Industrial REIT

by Phil Hall | Nov 22, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Toronto-based Nexus Industrial REIT (TSX: NXR.UN) has named Mike Rawle chief financial officer (CFO), effective Jan. 8, 2024. He succeeds Robert Chiasson, who is stepping down from his role as CFO to pursue other opportunities. Rawle has over 20 years of progressive...
Janover Acquires SaaS Platform for Commercial Property Sector

Janover Acquires SaaS Platform for Commercial Property Sector

by Phil Hall | Nov 20, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Janover Inc. (NASDAQ: JNVR), an AI-enabled B2B fintech marketplace connecting commercial property borrowers and lenders, has acquired Groundbreaker Technologies Inc., a Software-as-a-Service (SaaS) platform for commercial property professionals to raise equity capital...
Gavin Morgan Joins Grubb Properties as Managing Director for Investments

Gavin Morgan Joins Grubb Properties as Managing Director for Investments

by Phil Hall | Nov 15, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Grubb Properties, a leading vertically integrated commercial real estate firm focused on the multifamily sector, has hired Gavin Morgan as managing director for investments. In his new role, Morgan will work on expanding Grubb’s capital formation efforts, with a...
New Jersey Father and Son Indicted in House Flipping Investor Scam

New Jersey Father and Son Indicted in House Flipping Investor Scam

by Phil Hall | Nov 13, 2023 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

New Jersey Attorney General Matthew J. Platkin announced the indictment of a father and son who allegedly defrauded investors and mortgage lenders of more than $2.5 million in a scam involving Jersey Shore real estate. George Bussanich Sr., 65, and his 43-year-old son...
Q3 Investor Home Purchases at 7-Year Low

Q3 Investor Home Purchases at 7-Year Low

by Phil Hall | Nov 9, 2023 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Investor purchases of residential properties plummeted by 29.7% year-over-year during the third quarter, according to new data from Redfin (NASDAQ:RDFN). Investors purchased 48,667 homes between July and September, or 15.9% of all homes sold during that period, the...
1031 Crowdfunding Launches REIT Aimed at Senior Housing

1031 Crowdfunding Launches REIT Aimed at Senior Housing

by Phil Hall | Nov 9, 2023 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

1031 Crowdfunding, a real estate investing platform headquartered in Irvine, California, has launched its first real estate investment trust offering with Covenant Senior Housing REIT Inc. (CSHREIT). According to the company, CSHREIT is classified as a non-listed,...
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