Mill Creek Residential, a rental-housing investment firm that acquires, manages and develops premier rental communities across the nation, has hired Kel Frazier as president of acquisitions. In his new role, Frazier will be responsible for all facets of the...
WNC, an Irvine, Californina-based provider of investment, asset management and development services in the affordable housing industry, has closed two institutional low-income housing tax credit (LIHTC) funds totaling approximately $350 million in equity. WNC closed...
Regent Properties, a Dallas-based vertically integrated real estate investment management and development firm, has launched a credit platform for the commercial real estate sector. The new $500 million platform will target high-quality sponsors, borrowers, and assets...
Alpaca, a New York City-based alternative investments management firm, has launched Alpaca Real Estate (ARE), a new private equity real estate platform. Daniel Carr and Peter Weiss are the co-founders of the new platform. Carr was previously a principal at Ares...
The U.S. Securities and Exchange Commission (SEC) charged Matthew Motil, host of the podcast “The Cash Flow King,” with fraudulently raising approximately $11 million from more than 50 investors in a Ponzi scheme involving notes purportedly backed by residential...
The global real estate crowdfunding market reached $11.5 billion in 2022 and is being forecast to reach $161.8 billion by 2030 with a compound annual growth rate (CAGR) of 45.9%, according to a new report from Vantage Market Research. The report noted residential real...