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New Ownership for Unfinished Ontario Condo Complex

New Ownership for Unfinished Ontario Condo Complex

by Phil Hall | Oct 14, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

A mid-rise condominium project in Kitchener, Ontario, that was paused after it ran into financial problems has a new ownership team vowing to finish construction. The Canadian mortgage lender Dorr Capital Corporation, ELM Developments, and Gentai Capital Corporation...
Chase Properties Acquires Retail Plazas in Upstate New York and Virginia

Chase Properties Acquires Retail Plazas in Upstate New York and Virginia

by Phil Hall | Oct 11, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The real estate investment firm Chase Properties has announced two retail property acquisitions: Creekside Plaza in Ithaca, New York, and Waynesboro Town Center in Waynesboro, Virginia. The 180,000-square-foot Creekside Plaza was built in 2001 and is 95% leased, with...
Heritage Affordable Communities Acquires 242 LIHTC Units in the Bronx

Heritage Affordable Communities Acquires 242 LIHTC Units in the Bronx

by Phil Hall | Oct 10, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Heritage Affordable Communities, a real estate development and preservation company specializing in the affordable housing sector, has acquired 242 Low-Income Housing Tax Credit (LIHTC) units spread across three buildings located in the Bronx, New York. According to...
MCB Real Estate Renews Acquisition Bid of Whitestone REIT

MCB Real Estate Renews Acquisition Bid of Whitestone REIT

by Phil Hall | Oct 9, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

MCB Real Estate, a Baltimore-headquartered commercial real estate developer and investment management firm, has made a renewed attempt to acquire Whitestone REIT (NYSE: WSR) with a revised proposal. Under its latest offering, MCB would provide Whitestone shareholders...
Athena Real Estate Acquires First Pennsylvania Property

Athena Real Estate Acquires First Pennsylvania Property

by Phil Hall | Oct 8, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Athena Real Estate LLC, an Orlando-headquartered real estate investment firm, has acquired its first Pennsylvania property with the purchase of Waterside Campground & RV Park in Lewiston. The 234-site RV park stretches encompasses 167 acres with expansion...
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