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Alchemy Ventures Buys 125-Year-Old NYC Property for $10.75 Million

Alchemy Ventures Buys 125-Year-Old NYC Property for $10.75 Million

by Phil Hall | Mar 19, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Alchemy Ventures, an affiliate of Alchemy Properties Inc., has acquired a 125-mixed use property in New York City’s East Village for $10.75 million. The five-story, 9,634-square-foot mixed-use property at 151 Avenue A was built in 1900 and encompasses eight...
Herschen Acquires Palace Entertainment’s Theme Parks

Herschen Acquires Palace Entertainment’s Theme Parks

by Phil Hall | Mar 19, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Spanish entertainment operator Parques Reunidos is selling all of the US properties run by its Palace Entertainment subsidiary to Herschend, the Atlanta-headquartered themed attractions company whose brand portfolio includes Dollywood Parks & Resorts. The...
HomeServices of America CEO Refutes Reports of Acquisition Talks with Compass

HomeServices of America CEO Refutes Reports of Acquisition Talks with Compass

by Phil Hall | Mar 14, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The chief executive of HomeServices of America, a division of Warren Buffett’s Berkshire Hathaway (NYSE: BRK), is denying a report that his company was in discussions to become acquired by Compass (NYSE: COMP). HomeServices President and CEO Gino Blefari sent a...
Report: Compass in Discussions to Acquire Warren Buffett-Owned Brokerage

Report: Compass in Discussions to Acquire Warren Buffett-Owned Brokerage

by Phil Hall | Mar 13, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Compass (NYSE: COMP) is reportedly negotiating for the acquisition of Berkshire Hathaway’s (NYSE: BRK) Homes Services of America, part of the Warren Buffett corporate empire. The Wall Street Journal, sourcing its coverage from unnamed “people familiar with the...
Gladstone Investment Sells Nocturne Luxury Villas

Gladstone Investment Sells Nocturne Luxury Villas

by Phil Hall | Mar 13, 2025 | Person of the Week, Real Estate Investing, Real Estate News, WRE News Exclusive

McLean, Virginia-based Gladstone Investment Corporation (NASDAQ:GAIN) has sold its portfolio company Nocturne Luxury Villas Inc. to an affiliate of Calera Capital. According to Gladstone Investment, the company “received full repayment of its debt investment and...
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