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HomeXpress Mortgage Corp. Acquired by Chimera Investment Corp.

HomeXpress Mortgage Corp. Acquired by Chimera Investment Corp.

by Phil Hall | Jun 12, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

HomeXpress Mortgage Corp., a Santa Ana, California-based national originator of non-QM and business-purpose residential mortgage loans, announced it is being acquired by Chimera Investment Corp. (NYSE: CIM), a real estate investment trust, from Seer Capital...
Reynolds Asset Management Acquires 2 Cleveland Multifamily Communities for $30.6 Million

Reynolds Asset Management Acquires 2 Cleveland Multifamily Communities for $30.6 Million

by Phil Hall | Jun 4, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Paramus, New Jersey-based real estate investment and development firm Reynolds Asset Management has acquired two multifamily communities – Park Lamont and The Lumos – in Cleveland for $30.6 million Reynolds completed the transaction in partnership with The...
6-Unit Connecticut Multifamily Property Sells for $2 Million

6-Unit Connecticut Multifamily Property Sells for $2 Million

by Phil Hall | Jun 2, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

National Multifamily Corp. announced the sale of a six-unit multifamily property in Greenwich, Connecticut, for $2.07 million, or $344,167 per unit. Company president Matt Cawley represented the seller and procured the buyer, a local real estate investor in the...
Strawberry Fields REIT Acquires 9 Missouri Healthcare Facilities for $59 Million

Strawberry Fields REIT Acquires 9 Missouri Healthcare Facilities for $59 Million

by Phil Hall | May 28, 2025 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Strawberry Fields REIT Inc. (NYSE American: STRW) is paying $59 million to an unaffiliated seller for the purchase of nine healthcare facilities in Missouri. The nine facilities are comprised of 686 licensed beds. The company plans to lease eight of the facilities to...
Report: Anywhere Real Estate Makes Bid to Acquire Douglas Elliman

Report: Anywhere Real Estate Makes Bid to Acquire Douglas Elliman

by Phil Hall | May 27, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Anywhere Real Estate (NYSE: HOUS) has reportedly made an unsolicited acquisition bid of Douglas Elliman Inc. (NYSE: DOUG). The $4 a share bid was reported on Friday by Bloomberg in coverage sourced from unnamed “people with knowledge of the matter.” Douglas Elliman’s...
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