New Partnership Seeks to Integrate Proptech in Real Estate Management
The Institute of Real Estate Management (IREM), an organization representing property management professionals, has teamed with the Center for Real Estate Technology & Innovation (CRETI) on a strategic partnership to advance the integration of proptech in real...
The Milestone Group Acquires 2 Apartment Communities in Virginia
The Milestone Group, a privately held real estate investment management firm, has acquired two apartment communities in Fredericksburg, Virginia, that encompass 676 units. Kensington Crossing has 476 one-, two- and three-bedroom units and Magnolia Falls features 200...
Farmland Partners Sells 46-Farm Portfolio for $289 Million
Farmland Partners Inc. (NYSE: FPI), an internally managed real estate company focused on North American agricultural property, announced the $289 million sale of a portfolio to Farmland Reserve Inc., a nonprofit organization owned by The Church of Jesus Christ of...
Tishman Speyer Snags $3.5 Billion Refinancing for Rockefeller Center
Tishman Speyer has secured a $3.5 billion commercial mortgage-backed securities (CMBS) loan to refinance Rockefeller Center. The loan is said to be the largest issuance ever for a single office asset – in this case, the 13-building, 7.3 million-square-foot campus in...
Judge Declares Washington State Real Estate Investment Firm Ran a Ponzi Scheme
A federal judge ruled that the Bellevue, Washington-based real estate investment firm iCap defrauded hundreds of real estate investors through a Ponzi scheme. The Seattle Times reported Chief Judge Whitman Holt made the finding about iCap in bankruptcy court...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
