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VanTrust Real Estate Completes Acquisition of Utah’s Salt Lake Lumber Building

VanTrust Real Estate Completes Acquisition of Utah’s Salt Lake Lumber Building

by Phil Hall | May 10, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

VanTrust Real Estate, a Kansas City-based, full-service real estate development company, has completed its purchase of Utah’s historic Salt Lake Lumber Building. The three-story, 26,997-square-foot brick building was built in 1909 and features exposed heavy timber,...
Utah’s Capital Community Bank Acquires Security Home Mortgage

Utah’s Capital Community Bank Acquires Security Home Mortgage

by Phil Hall | May 6, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Provo, Utah-headquartered Capital Community Bank (CCBank) has acquired Security Home Mortgage (SHM), based in Orem, Utah. The financial terms of the deal were not disclosed. SMH was founded in 1999 and will become an independently operated subsidiary division of...
Cress Capital Acquires Denver Office Tower

Cress Capital Acquires Denver Office Tower

by Phil Hall | May 3, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The real estate investment firm Cress Capital has acquired The 410, a 24-story office building located in the Downtown Denver. The property at 410 17th St. is near the Colorado State Capitol and encompasses approximately 440,000 square feet of office space – including...
William Raveis Acquires South Carolina’s Carson Realty

William Raveis Acquires South Carolina’s Carson Realty

by Phil Hall | May 2, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The Shelton, Connecticut-based brokerage William Raveis has acquired Carson Realty, a family-owned real estate company serving the greater Hilton Head, Bluffton, and Lake Keowee areas of South Carolina since 2006. The financial terms of the deal were not disclosed....
Blackstone Completes Acquisition of Toronto’s Tricon Residential

Blackstone Completes Acquisition of Toronto’s Tricon Residential

by Phil Hall | May 1, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) have completed their previously announced plan in which Blackstone Real Estate Partners X and Blackstone Real Estate Income Trust Inc. acquired all the outstanding common shares of Tricon for...
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