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Virtú Investments Acquires San Diego Multifamily Property

Virtú Investments Acquires San Diego Multifamily Property

by Phil Hall | Aug 6, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Virtú Investments, a multifamily real estate investment firm focuses on the western states, has acquired ALX, a 313-unit multifamily property in San Diego. The 19-story ALX was built in 2017 in the city’s Ballpark District neighborhood and also features 2,600 square...
Caliber to Begin Construction on Phoenix-Area Apartment Development

Caliber to Begin Construction on Phoenix-Area Apartment Development

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

The real estate investor, developer and manager Caliber (NASDAQ: CWD) announced the completion of funding for the first phase of a single-family rental housing complex in the Ahwatukee Foothills neighborhood in South Phoenix. The new complex is part of a...
Canada’s Property Vista Expands into US Market

Canada’s Property Vista Expands into US Market

by Phil Hall | Jun 10, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Property Vista, an Etobicoke, Ontario-based multifamily property management software provider focused on the Canadian market, is now making its Vida by Property Vista platform available in the U.S. market. In a press statement, the company said its entry into the U.S....
Reynolds Asset Management Closes Refinancing Loan on New Jersey Multifamily Complex

Reynolds Asset Management Closes Refinancing Loan on New Jersey Multifamily Complex

by Phil Hall | Feb 16, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Reynolds Asset Management announced the closure of a $28.5 million refinancing loan for its multifamily complex The Mural in Orange, New Jersey. Reynolds broke ground on construction at the property in May 2022, completed construction in the summer of 2023, and...
Former Blackstone Executive Launching $1 Billion Real Estate Fund

Former Blackstone Executive Launching $1 Billion Real Estate Fund

by Phil Hall | Feb 2, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A former executive with Blackstone (NYSE:BX) is on track to raise $1 billion for a real estate-focused fund. The Wall Street Journal, sourcing its coverage from unnamed “people familiar with the matter,” reported Tyler Henritze, Blackstone’s former head of real estate...
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