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Franklin BSP Realty Trust Acquires NewPoint Holdings

Franklin BSP Realty Trust Acquires NewPoint Holdings

by Phil Hall | Mar 11, 2025 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

New York City-based Franklin BSP Realty Trust Inc. (NYSE: FBRT) is acquiring NewPoint Holdings JV LLC, a privately held commercial real estate finance company headquartered in Plano, Texas. The financial terms of the deal were not disclosed. According to the...
Rocket Companies Acquires Redfin for $1.75 Billion

Rocket Companies Acquires Redfin for $1.75 Billion

by Phil Hall | Mar 10, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Detroit-headquartered Rocket Companies (NYSE: RKT) has announced its acquisition of the Seattle-headquartered brokerage Redfin (NASDAQ: RDFN) for $1.75 billion, or $12.50 per Redfin share. “Rocket and Redfin have a unified vision of a better way to buy and sell...
Tulsa’s McGraw Realtors Acquires Arkansas Brokerage

Tulsa’s McGraw Realtors Acquires Arkansas Brokerage

by Phil Hall | Mar 7, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Tulsa-headquartered McGraw Realtors has acquired Trademark HSV Real Estate in Hot Springs Village, Arkansas. The financial terms of the deal were not disclosed. Arkansas Business reports Trademark will operate under McGraw brand while the acquired company’s leadership...
FCP Acquires 400-Unit Florida Multifamily Community

FCP Acquires 400-Unit Florida Multifamily Community

by Phil Hall | Mar 5, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment firm FCP has acquired Arium Sunrise, a 400-unit multifamily community in Sunrise, Florida. Built in 1998, the property has a 94% occupancy rate and offers an array of amenities including a swimming pool, clubhouse, and fitness center. FCP...
Union Home Mortgage Acquires Nations Reliable Lending

Union Home Mortgage Acquires Nations Reliable Lending

by Phil Hall | Mar 4, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Strongsville, Ohio-based Union Home Mortgage (UHM) has acquired Houston-headquartered Nations Reliable Lending, also known as NRL Mortgage. The financial terms of the deal were not disclosed. NRL Mortgage closed over $1 billion in lending in 2024 while UHM closed last...
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