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Hilton Buys Graduate Hotels Brand for $210 Million

Hilton Buys Graduate Hotels Brand for $210 Million

by Phil Hall | Mar 14, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Hilton (NYSE: HLT) has announced its $210 million acquisition of the Graduate Hotels brand from Adventurous Journeys Capital Partners. Graduate Hotels primarily focuses on markets near major colleges and universities in the U.S. and U.K. This is Hilton’s first brand...
Bascom Group Acquires Santa Fe Multifamily Property

Bascom Group Acquires Santa Fe Multifamily Property

by Phil Hall | Mar 11, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The private equity firm Bascom Group LLC has acquired San Miguel Court Apartments, a garden-style multifamily property in Santa Fe, New Mexico. Built in 1974, the 96-unit San Miguel Court features a mix of including one-, two- and three-bedroom units. This is Bascom’s...
Pretium Acquires BH Management Services

Pretium Acquires BH Management Services

by Phil Hall | Mar 1, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Pretium, a New York City-based investment firm focused on U.S. residential real estate, residential credit, and corporate credit, announced its acquisition of BH Management Services, a property management platform in the multifamily, student and single-family housing...
Reynolds Asset Management Acquires Two Multifamily Properties in Texas

Reynolds Asset Management Acquires Two Multifamily Properties in Texas

by Phil Hall | Feb 27, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Paramus, New Jersey-based Reynolds Asset Management has acquired two multifamily properties in Texarkana, Texas, for $23 million. The 360-unit acquisition is a joint venture with Jeff Juster’s Newport Capital Advisors LLC. The two companies plan to invest $3 million...
Pennsylvania’s Stafford Avenue Business Park Sells for $6.5 Million

Pennsylvania’s Stafford Avenue Business Park Sells for $6.5 Million

by Phil Hall | Feb 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News

CBRE Group Inc. (NYSE:CBRE) announced the $6.5 million sale of the Stafford Avenue Business Park, a three-building light industrial complex located in Scranton, Pennsylvania. The property is based on an 11.75-acre site and consists of three buildings ranging in size...
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