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Investors Bought 26% of Affordable Homes During Q4 2023

Investors Bought 26% of Affordable Homes During Q4 2023

by Phil Hall | Feb 14, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate investors bought more than one-quarter (26.1%) of lower-priced homes sold in the fourth quarter of 2023, according to new research from Redfin (NASDAQ:RDFN). This marked a new record high and an increase from the 24% share recorded one year earlier. By...
Mat Ishbia to Launch New Investment Group

Mat Ishbia to Launch New Investment Group

by Phil Hall | Feb 14, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Mat Ishbia, CEO of United Wholesale Mortgage (NYSE:UWMC), is starting a new company that will encompass his investments in real estate, sports and entertainment into a single entity. The new company will be called the Player 15 Group and will include Ishbia’s sports...
Leigh Ann Hochman Named RELPI’s Managing Director of Investor Relations

Leigh Ann Hochman Named RELPI’s Managing Director of Investor Relations

by Phil Hall | Feb 13, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Real Estate Limited Partner Institute (RELPI) announced the hiring of Leigh Ann Hochman for the new role of managing director of investor relations. Prior to joining RELPI, Hochman was a vice president of strategic partnerships at FullThrottle. Earlier in her...
Harbor Group International Acquires Colorado Multifamily Portfolio

Harbor Group International Acquires Colorado Multifamily Portfolio

by Phil Hall | Feb 8, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Harbor Group International LLC, an international real estate investment and management firm, announced the $132.5 million acquisition of a two-asset multifamily portfolio in Colorado. The portfolio consists of two new Class A properties: Ladora Modern, a 196-unit...
Kurt Gatterdam Named Controller at CREC Real Estate

Kurt Gatterdam Named Controller at CREC Real Estate

by Phil Hall | Feb 7, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

CREC Real Estate LLC, a private equity real estate investment firm, has hired Kurt Gatterdam as controller. In his new role, Gatterdam will oversee all of the company’s accounting activities, including cash, investment and risk management, for CREC and its affiliate...
Drew Jackson Joins Capital Square as Senior Managing Director

Drew Jackson Joins Capital Square as Senior Managing Director

by Phil Hall | Feb 6, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Capital Square, a Richmond, Virginia-headquartered real estate firm specializing in tax-advantaged real estate investments, announced the hiring of Drew Jackson as senior managing director of private wealth solutions and as a member of the executive management team....
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