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Bascom Group Acquires Las Vegas-Area Senior Housing Complex for $3 Million

Bascom Group Acquires Las Vegas-Area Senior Housing Complex for $3 Million

by Phil Hall | Apr 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Bascom Group LLC, an Irvine, California-headquartered private equity firm, has acquired the Nevada-based senior housing complex Homestead at Boulder City for $3.05 million. The 72-unit Homestead was built in 1999 and is located on 6.39 acres in Boulder City,...
CMG Financial Acquires Norcom Mortgage’s Retail Assets

CMG Financial Acquires Norcom Mortgage’s Retail Assets

by Phil Hall | Apr 12, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

CMG Financial, a mortgage banking firm headquartered in San Ramon, California, announced its retail acquisition of Norcom Mortgage of Hartford, Connecticut. The financial terms of the acquisition were not disclosed. The integration of Norcom Mortgage marks CMG’s...
Stewart Acquires All New York Title Agency

Stewart Acquires All New York Title Agency

by Phil Hall | Apr 11, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Stewart Information Services Corporation (NYSE:STC) announced its acquisition of the All New York Title Agency Inc. Founded in 1995 and headquartered in White Plains, New York, All New York serves affordable housing, supportive housing and senior housing clients...
Lamacchia Realty Acquires Sears Real Estate

Lamacchia Realty Acquires Sears Real Estate

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

Lamacchia Realty is expanding its presence across Massachusetts with the acquisition of Springfield-based Sears Real Estate. Lamacchia Realty plans to continue to use the Sears Real Estate name along with Lamacchia Realty for at least a year during the branding...
Blackstone Acquires AIR Communities for $10 Billion

Blackstone Acquires AIR Communities for $10 Billion

by Phil Hall | Apr 8, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Blackstone (NYSE: BX) and Apartment Income REIT Corp. (AIR Communities) (NYSE: AIRC), announced that Blackstone Real Estate Partners X will acquire all outstanding common shares of AIR Communities for $39.12 per share in an all-cash transaction valued at approximately...
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