Lion Real Estate Group, an investment firm focused on multifamily properties in the Sun Belt states, has acquired District 2308, a Class B 240-unit multifamily property located in Arlington, Texas. The financial terms of the acquisition were not disclosed. The company...
The Bascom Group LLC, an Irvine, California-headquartered private equity firm, has acquired a 204-bed student housing community next to the University of Texas at Austin. The property, called Texan 26, is a 204 bed, 53-unit community that was built in 2014. The...
Atlanta-headquartered Angel Oak Capital Advisors LLC has named Namit Sinha as chief investment officer (CIO), effective on March 31. Sinha has served as CIO of the firm’s private strategies division since February 2020. He joined Angel Oak in 2018 as head of mortgage...
Real estate investor and social media personality Grant Cardone has filed a $100 million defamation lawsuit against former T-Mobile CEO John Legere for calling him a “con man” and a “bulls**t artist.” According to a New York Post report, Cardone filed a lawsuit in...
The Toronto-based proptech Requity Homes announced the closing of $26 million in equity and debt financing. Requity Homes offers Canadians a rent-to-own program that enables them to rent their residence while being able to save money the option to purchase at a...
UC Asset LP (OTCQB: UCASU), an Atlanta-based real estate investment firm, has filed with the U.S. Securities and Exchange Commission to launch a stock buyback program. In a Form 1-U filed by the company, the company stated, “On Jan. 10, 2024, the general partner of...
Hits and Misses for the Real Estate Week of June 15-19
