OFA Group (NASDAQ: OFAL), a Los Angeles-based architecture and technology firm, today has signed a Letter of Intent (LOI) to acquire a 60% controlling interest in Silicon Valley-based Aspire Homes Realty Inc. and its affiliated lending platform, RateDNA Inc. RateDNA...
A fund managed by the real estate investment firm Kennedy Wilson (NYSE: KW) announced a pair of acquisitions – one for Tides on Commerce, a 336-unit apartment community in North Las Vegas, Nevada, and the other for Finisterra, a 356-unit apartment community in Tempe,...
Blackstone (NYSE: BX) is paying $2 billion for the performing commercial real estate (CRE) loans that Atlantic Union Bankshares Corporation (NYSE: AUB) acquired in its $1.6 billion purchase of Sandy Spring Bancorp Inc. in April. According to the companies, the loan...
Arlington, Virginia-based Blackfin Real Estate Investors LLC has acquired Sage Creek Apartments, a 120-unit garden-style community in Augusta, Georgia, for $17.3 million. Sage Creek Apartments was built in 2016 and encompasses one- and two-bedroom apartments ranging...
A 66-unit multifamily apartment community in the affluent New York City suburb of Greenwich, Connecticut, has been sold for $20.7 million. The sale of Putnam Green, which was built in 1976, is the largest multifamily transaction in Greenwich since 2012. The sale...