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Equiton Closes $21.5 Million Acquisition of Multifamily Property in London, Ontario

Equiton Closes $21.5 Million Acquisition of Multifamily Property in London, Ontario

by Phil Hall | Oct 24, 2023 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Equiton Residential Income Fund Trust, a Canadian private equity firm, has completed its $21.5 million acquisition of Scenic Tower, a multifamily property in London, Ontario. The nine-story Scenic Tower has 115 units, and 148 combined outdoor and underground...
New CEO at Northwest Healthcare Properties Real Estate Investment Trust

New CEO at Northwest Healthcare Properties Real Estate Investment Trust

by Phil Hall | Oct 23, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Toronto-headquartered Northwest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN), has named Craig Mitchell as CEO. Mitchell was previously appointed the REIT’s interim CEO on Aug. 8 and held several senior leadership positions with the...
Longpoint Realty Partners Closes Third Institutional Fund

Longpoint Realty Partners Closes Third Institutional Fund

by Phil Hall | Oct 18, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Boston-based real estate investment firm Longpoint Realty Partners announced the final closing of its third institutional fund, Longpoint Fund III L.P. (Fund III). According to the company, Fund III was oversubscribed, with approximately $940 million of commitments...
Xome Auction Simulator Teaches Neophyte Investors About Online Real Estate Auctions

Xome Auction Simulator Teaches Neophyte Investors About Online Real Estate Auctions

by Phil Hall | Oct 16, 2023 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, Uncategorized, WRE News Exclusive

The real estate marketplace Xome has created a game which allows users to learn and experience the thrill of online real estate auctions. The Xome Auction Simulator enables novice investors to become more comfortable with the process of finding and evaluating...
Upcoming Episode of ‘Viewpoint’ to Focus on Multifamily Investing

Upcoming Episode of ‘Viewpoint’ to Focus on Multifamily Investing

by Phil Hall | Oct 11, 2023 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

“Viewpoint,” a television series hosted by Dennis Quaid, is collaborating with the real estate investment firm Lakeland Capital for an upcoming episode designed to educate viewers on multifamily housing solutions and the sector’s potential within real estate...
Jason Kirschner Joins Vorando Realty Trust as EVP and Head of Capital Markets

Jason Kirschner Joins Vorando Realty Trust as EVP and Head of Capital Markets

by Phil Hall | Oct 11, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, WRE News Exclusive

New York City-based Vornado Realty Trust (NYSE:VNO) has hired Jason Kirschner as executive vice president and head of capital markets. Kirschner will report to Michael Franco, Vornado’s president and chief financial officer. He brings more than 20 years of experience...
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