Real Estate Secured Crowd Investments (RESCI) has launched a platform designed to expand property investment in South Africa. According to the company, the new platform is based on en commandite partnerships, a structure that allows investors to become silent partners...
The multifamily investment management firm S2 Capital acquired a distressed multifamily portfolio consisting of five properties facing foreclosure in Dallas, Nashville, and Knoxville, Tennessee, encompassing 1,768 units. S2 invested $60 million of rescue capital in a...
Hedge fund executive Bill Ackman is predicting the government-sponsored enterprises (GSEs) Freddie Mac (OTCQB; FMCC) and Fannie Mae (OTCQB: FNMA) will be privatized during the upcoming Trump administration. The GSEs have been in federal conservatorship since September...
The commercial mortgage-backed securities (CMBS) delinquency rate spiked by 17 basis points in December to 6.57%, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 206 basis points. The percentage of loans that are seriously...
Los Angeles-based Flying Horse Investments LLC, a retail-focused real estate investment firm, has completed its acquisition of Fiesta Palms Shopping Center, a 53,630-square-foot specialty grocery-anchored shopping center in the Greater Phoenix metro area. According to...