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California Man Sentenced for Real Estate Investing Fraud Scheme

California Man Sentenced for Real Estate Investing Fraud Scheme

by Phil Hall | Dec 10, 2024 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

A California man at the center of a real estate scam that raised $13.8 million by falsely promising investors returns of up to 10% was sentenced to 15 years and one month in prison. The Orange County Register reported Brett Barber, who was a co-owner of Newport...
Mark Bratt to Step Down as CEO at Westwood Financial

Mark Bratt to Step Down as CEO at Westwood Financial

by Phil Hall | Dec 4, 2024 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

Westwood Financial, the Los Angeles-headquartered retail real estate investment firm, announced that CEO Mark Bratt will retire at the end of the month. Bratt has been Westwood’s CEO since January 2019. He was previously a senior managing director at CBRE, and earlier...
Arrival Home Loans Launches Residential Bridge Loan Lending Fund

Arrival Home Loans Launches Residential Bridge Loan Lending Fund

by Phil Hall | Dec 3, 2024 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

Arrival Home Loans, a Novato, California-based division of Pacific Private Money Inc., has unveiled Arrival Fund I LLC, a residential bridge loan lending fund. According to the company, the new fund offers a preferred 10%1 rate of return for investors, with profits...
Partners Group Acquires Empira Group Real Estate Platform

Partners Group Acquires Empira Group Real Estate Platform

by Phil Hall | Dec 3, 2024 | Current News & Events, International Real Estate News, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

Partners Group, the Swiss-based global private equity firm, announced its acquisition of Empira Group, a real estate investment platform. The financial terms of the acquisition were not disclosed. Founded in 2014 and headquartered in Switzerland, Empira Group is...
Flacks Group Acquires Georgia’s Crowne Plaza North Augusta Hotel

Flacks Group Acquires Georgia’s Crowne Plaza North Augusta Hotel

by Phil Hall | Nov 25, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

Flacks Group, a Miami-based investment firm, has acquired the 180-room Crowne Plaza North Augusta, an IHG Hotel in Augusta, Georgia. The luxury hotel was built in 2019 and is based along the Savannah River. It is located a short distance from the Augusta National Golf...
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