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Former Kraken Executives Buy Majority Stake in Janover

Former Kraken Executives Buy Majority Stake in Janover

by Phil Hall | Apr 7, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A group of former executives from the cryptocurrency exchange Kraken has acquired majority ownership in Janover Inc. (NASDAQ: JNVR), a commercial real estate platform. The new leadership acquired 728,632 shares of common stock and all 10,000 outstanding shares of...
New Advocacy Campaign Aims to Highlight Housing Issues During Canada’s Election

New Advocacy Campaign Aims to Highlight Housing Issues During Canada’s Election

by Phil Hall | Apr 7, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Housing Canada Coalition has launched the “End the Housing Game” advocacy campaign to ensure housing and homelessness are key issues in the upcoming federal election. The campaign will focus on the challenges facing the Canadian housing market, noting elevated...
Nine Big Lots Stores to Reopen This Week

Nine Big Lots Stores to Reopen This Week

by Phil Hall | Apr 7, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Variety Wholesalers, the discount retailer that acquired 219 stores from the bankrupt Big Lots chain, announced it will reopen nine Big Lots stores across six states on April 10. The reopened stores include three locations in Tennessee and single locations across...
The BW, Los Angeles Apartment Complex, Sells for $58.1 Million

The BW, Los Angeles Apartment Complex, Sells for $58.1 Million

by Phil Hall | Apr 7, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The BW, a 78-unit apartment asset with 2,300 square feet of ground floor retail in the Brentwood neighborhood of Los Angeles, has been sold for $58.1 million, or $744,872 per unit. The property was completed and offers a mix of studios, one-, two- and three-bedroom...
Neighborhood Ventures Acquires Foreclosed Phoenix Multifamily Property for $11 Million

Neighborhood Ventures Acquires Foreclosed Phoenix Multifamily Property for $11 Million

by Phil Hall | Apr 7, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Neighborhood Ventures, an Arizona-based real estate crowdfunding company, has acquired Venture on 52nd Street, a foreclosed 71-unit multifamily property in the Arcadia neighborhood of Phoenix, for $11 million. The transaction marks the second time Neighborhood...
Long Vacant Historic NYC Theater Acquired with State Grants

Long Vacant Historic NYC Theater Acquired with State Grants

by Phil Hall | Apr 7, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A historic theater in New York City’s Upper West Side that has been shuttered for the past 20 years has been purchased for $6.9 million by a nonprofit aided with state grants. IndieWire reports the long-vacant Metro Theater was acquired by Upper West Side Cinema...
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