MG Properties, a San Diego-headquartered real estate investment and management company, has completed the $76 million acquisition of Bear Valley Park Apartments, a garden-style community located in Denver. The closing marks MG Properties’ third multifamily...
The AARP Foundation announced it has joined a proposed class action lawsuit against Compu-Link (Celink), the nation’s largest reverse mortgage subservicer, and Reverse Mortgage Funding (RMF), formerly the largest reverse mortgage servicer nationwide. The case was...
Americans spent an average of $13,667 on home improvement, home maintenance and emergency repairs this year, a 6% increase compared to 2022, across an average of roughly 11 projects. According to the 2023 State of Home Spending report published by Angi (NASDAQ:ANGI),...
Cushman & Wakefield (NYSE:CW) appointed Chris Hipps as Texas managing principal. Hipps will start on Jan. 2 and will be based in Dallas. He will be responsible for leading Cushman & Wakefield’s advisory professionals across Texas as the firm further expands in...
Ashcroft Capital, a New York City-based multifamily investment firm, has acquired Elliot Cocoplum, a garden-style community located midway between Boca Raton and Fort Lauderdale in Florida. Birchstone Residential, Ashcroft Capital’s in-house property management...
Las Vegas-baed Axos Financial Inc. (NYSE: AX) announced that its wholly-owned subsidiary Axos Bank has completed the acquisition of two performing commercial real estate loan portfolios from the Federal Deposit Insurance Corp. (FDIC) at a purchase price equal to...