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Dominic Iannitti, Founder and Chief Executive at DocMagic, Has Died

Dominic Iannitti, Founder and Chief Executive at DocMagic, Has Died

by Phil Hall | Jul 22, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Dominic Iannitti, the founder, president and CEO of DocMagic, the mortgage document services provider, passed away last Thursday due to complications from pneumonia. Iannitti created the business plan for DocMagic while he was a senior at Long Beach State (now...
Dwight Capital Launches C-PACE Lending Platform

Dwight Capital Launches C-PACE Lending Platform

by Phil Hall | Jul 22, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Dwight Capital, a New York City-headquartered commercial real estate finance firm, has launched Dwight Green Finance, which will focus on financing a range of cleantech property improvements through C-PACE (Commercial Property Assessed Clean Energy). To lead the new...
California and Utah Wildfires Result in Neighborhood Evacuations

California and Utah Wildfires Result in Neighborhood Evacuations

by Phil Hall | Jul 22, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Wildfires in California and Utah have forced the evacuations of communities in the impacted states. A wildfire that began Sunday in California’s Riverside County destroyed three homes, damaged several others and resulted in evacuation orders for roughly 100 residents....
Alabama Home Sales Up for Fifth Straight Month

Alabama Home Sales Up for Fifth Straight Month

by Phil Hall | Jul 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in Alabama during June totaled 5,423 transactions, up 4.1% from May for the fifth consecutive month of increases, according to data from the Alabama Association of Realtors (AAR). However, sales were also down by 17.5% from one year earlier. Alabama’s...
Investment Firm Stonepeak Acquires New Zealand Retirement Village Operator

Investment Firm Stonepeak Acquires New Zealand Retirement Village Operator

by Phil Hall | Jul 22, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Stonepeak, a New York City-based alternative investment firm specializing in infrastructure and real assets, is acquiring Arvida Group Limited, one of New Zealand’s largest retirement and aged care providers, in an all-cash transaction valued at approximately $1.25...
Icon Parking, NYC’s Largest Parking Company, is Acquired

Icon Parking, NYC’s Largest Parking Company, is Acquired

by Phil Hall | Jul 22, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Icon Parking, New York City’s largest parking company, has been acquired by a partnering of The Broe Group, a private investment firm, and Hudson Valley Parking Trust. Founded in 1947, Icon Parking is the largest minority-owned parking management, operating and...
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