Hoboken, New Jersery-based Faropoint, a real estate investment manager specializing in last-mile industrial properties, announced its first acquisition in the Los Angeles area with the $9.975 million purchase of a multi-tenant industrial building located in Torrance,...
Sunstone Two Tree, a developer and operator of rental housing communities, has acquired Terraza Hills, a 200-unit apartment property in San Diego, for $45 million or $225,000 per unit. The property was built in 1976 and still in its original condition. Sunstone Two...
UWM Holdings Corporation (NYSE: UWMC) has named Rami Hasani as its new chief financial officer, effective April 1. He will replace Andrew Hubacker, who is moving into a senior advisor role with the Pontiac, Michigan-based company. Hasani originally joined the company...
The City of Jackson, Mississippi, has partnered with Grow America, a New York City-based community and economic development nonprofit, to create the Real Estate Developer Academy, an initiative is designed to educate aspiring developers on how to create and complete...
Boston-based real estate developer Thomas O’Brien has announced he will not run for mayor this year. News reports claimed that O’Brien, a managing partner and CEO of The HYM Investment Group, was planning to challenge Mayor Michelle Wu, who is seeking a second...
Denver-headquartered RE/MAX Holdings Inc. (NYSE:RMAX) announced that Ward Morrison will retire as president and CEO of its brands Motto Mortgage and Wemlo, effective June 15. He we stay on in a consultative role at both brands through the end of the year. Morrison was...
