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Gindi Equities Acquires Second Multifamily Community in Fargo

Gindi Equities Acquires Second Multifamily Community in Fargo

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Gindi Equities, a New York City-based investment manager focused on multifamily assets, announced the acquisition of Timber Creek Apartment Homes, a multifamily community in Fargo, North Dakota. The 252-unit property was acquired from Property Resources Group, which...
Q3 Multifamily Property Developer Sentiment is Mixed

Q3 Multifamily Property Developer Sentiment is Mixed

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

Multifamily property developers viewed the third quarter with mixed feelings according to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The first is the Multifamily...
Hankin Group Debuts First Phius ZERO Multifamily Community in Pennsylvania

Hankin Group Debuts First Phius ZERO Multifamily Community in Pennsylvania

by Phil Hall | Oct 16, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Hankin Group, a vertically integrated real estate company, announced the opening of Hamilton Passive House, promoting the property as Pennsylvania’s first Phius ZERO apartment community and one of the nation’s first Phius ZERO communities that is 100% market...
New Lending Platform Aims at Multifamily Property Owners

New Lending Platform Aims at Multifamily Property Owners

by Phil Hall | Oct 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A trio of real estate organizations – Smith Hill Capital, ECI Group and InterVest – have teamed up to create a $250 million private lending platform that will provide financing on first mortgages, mezzanine loans, and preferred equity investments to multifamily...
Cardone Capital Acquires 331-Unit Multifamily Property in Fort Lauderdale

Cardone Capital Acquires 331-Unit Multifamily Property in Fort Lauderdale

by Phil Hall | Sep 26, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Cardone Capital, the real estate investment firm led by high-profile investor Grant Cardone, announced the all-cash acquisition of The Edge at Flagler Village, a luxury 331-unit multifamily property in Fort Lauderdale. The financial aspects of the transaction were not...
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