Paramus, New Jersey-based Reynolds Asset Management has acquired two multifamily properties in Texarkana, Texas, for $23 million. The 360-unit acquisition is a joint venture with Jeff Juster’s Newport Capital Advisors LLC. The two companies plan to invest $3 million...
Bravo Property Trust, a bridge and construction financing platform affiliate of Bravo Capital, announced the appointment of Gabi Moshayev as its chairman. Prior to joining Bravo Capital, Moshayev served as the CEO and worked on behalf of Harel Finance Alternative Ltd....
A Phil Hall Op-Ed: One of the most famous quotes to come out of the early 19th century was made by John Marshall, the first Chief Justice of the U.S. Supreme Court, in his 1819 ruling on the McCulloch v. Maryland case: “The power to tax is the power to destroy.”...
Pretium, a New York City-headquartered specialized investment firm focused on residential real estate, residential credit, and corporate credit, has introduced the nationwide not-for-profit partnership program “First Look Home,” which is designed to...
Bluerock Value Exchange (BVEX), a New York City-based national sponsor of 1031 exchange and Delaware Statutory Trust investment programs, has launched BR Diversified Industrial Portfolio III, DST (DIP III). DIP III represents BVEX’s 36th individual DST program...
CBRE Group Inc. (NYSE:CBRE) announced the appointment of Guy A. Metcalfe to its board of directors. Metcalfe was a managing director and member of Morgan Stanley’s investment banking executive committee. He led the company’s real estate investment banking business for...