Atlantic Equity Partners, a New York City-based real estate private equity firm that invests in value-add hotels, has launched its Fund II to deploy capital to acquire and sustainably redevelop hospitality real estate with a double-bottom-line approach. The new fund...
Kiavi, a San Francisco-based provider of financing to real estate investors, has hired Samuel Harrity as senior vice president of capital markets. In his new job, Harrity will lead Kiavi’s capital markets strategy and program execution, including Kiavi’s...
Charlie Munger, vice chairman of Berkshire Hathaway (NYSE:BRK.A) and the closest partner to the company’s founder and leader, Warren Buffett, passed away at the age of 99. Charles Thomas Munger was born on Jan. 1, 1924, in Omaha, Nebraska. During his teen years, he...
Grubb Properties, a leading vertically integrated commercial real estate firm focused on the multifamily sector, has hired Gavin Morgan as managing director for investments. In his new role, Morgan will work on expanding Grubb’s capital formation efforts, with a...
New Jersey Attorney General Matthew J. Platkin announced the indictment of a father and son who allegedly defrauded investors and mortgage lenders of more than $2.5 million in a scam involving Jersey Shore real estate. George Bussanich Sr., 65, and his 43-year-old son...