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Pretium Acquires BH Management Services

Pretium Acquires BH Management Services

by Phil Hall | Mar 1, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Pretium, a New York City-based investment firm focused on U.S. residential real estate, residential credit, and corporate credit, announced its acquisition of BH Management Services, a property management platform in the multifamily, student and single-family housing...
Historic Black Church in DC is Sold to Anglican Congregation

Historic Black Church in DC is Sold to Anglican Congregation

by Phil Hall | Mar 1, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The historic Third Baptist Church, one of the oldest Black churches in Washington, D.C., has been sold to the Church of the Advent, an Anglican congregation in the nation’s capital. Third Baptist’s congregation dates back to 1857 and its 1893 building was designed by...
Healthpeak Properties Completes Merger with Physicians Realty Trust

Healthpeak Properties Completes Merger with Physicians Realty Trust

by Phil Hall | Mar 1, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Denver-based Healthpeak Properties Inc. (NYSE: PEAK) and Milwaukee-based Physicians Realty Trust (NYSE: DOC) have completed their all-stock merger of equals valued at approximately $21 billion. The combined company will operate under the name “Healthpeak Properties...
Construction Begins on New Rental Housing Property in Montreal East

Construction Begins on New Rental Housing Property in Montreal East

by Phil Hall | Mar 1, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Groupe Evoludev and the Fonds immobilier de solidarité FTQ have begun construction on O-Rive, a rental housing project in Montreal East. The new six-floor property is scheduled for delivery in the summer of 2025 and will feature 117 rental units plus ground floor...
Tech Trends: The Intersection of Housing and AI

Tech Trends: The Intersection of Housing and AI

by Nicholas Schmidt | Feb 29, 2024 | News/Current Events, Real Estate News, Tech Trends, WRE News Exclusive

Nicholas Schmidt is partner and artificial intelligence practice leader at BLDS LLC and founder and CTO of SolasAI. This article is adapted and edited from written testimony delivered last month before the U.S. Senate Subcommittee on Housing, Transportation, and...
The World’s Fastest-Growing Luxury Property Market Is…

The World’s Fastest-Growing Luxury Property Market Is…

by Phil Hall | Feb 29, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Philippines capital of Manila bypassed Dubai to earn the title of the world’s fastest-appreciating luxury real estate market in latest edition of Knight Frank’s Wealth Report. Manila recorded annual price gains of 26.3% across its high-end market during 2023, the...
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