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Clear Investment Group Acquires DC-Based Multifamily Complex

Clear Investment Group Acquires DC-Based Multifamily Complex

by Phil Hall | Jan 17, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Clear Investment Group, a real estate investment firm based in Chicago, has acquired Marbury Plaza, the 681-unit multifamily complex in Southeast Washington, DC. The property will be rebranded as Langston Views, which the company said reflected “both the...
A&D Mortgage Acquires Wholesale Mortgage Origination Business from Mr. Cooper

A&D Mortgage Acquires Wholesale Mortgage Origination Business from Mr. Cooper

by Phil Hall | Jan 17, 2025 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate News, WRE News Exclusive

A&D Mortgage LLC, the Fort Lauderdale-headquartered non-QM lender, has signed a definitive agreement to acquire the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group Inc. (NASDAQ: COOP) Mr. Cooper previously acquired the wholesale...
QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash

QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash

by Phil Hall | Jan 15, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Greenwich, Connecticut-headquartered technology solutions provider QXO (NASDAQ: QXO) has proposed a deal to Beacon Roofing Supply Inc. (NASDAQ: BECN) to acquire all outstanding shares of Beacon for $124.25 per share in cash. Herndon, Virgina-based Beacon sells...
CBRE Acquires Co-Working Firm Industrious

CBRE Acquires Co-Working Firm Industrious

by Phil Hall | Jan 14, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

CBRE Group Inc. (NYSE: CBRE) has announced is acquisition of Industrious National Management Company LLC, a provider of flexible workplace solutions. CBRE previously invested in Industrious through an approximately 40% equity interest and a $100 million convertible...
Sagard Real Estate Acquires Denver-Area Multifamily Community

Sagard Real Estate Acquires Denver-Area Multifamily Community

by Phil Hall | Jan 13, 2025 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

The real estate investment firm Sagard Real Estate, formerly EverWest Real Estate Investors, has acquired Alta Green Mountain, a Class A multifamily community located in Colorado’s West Denver submarket. Built in 2020, Alta Green Mountain features 260 luxury units...
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