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Minneapolis’ Wells Fargo Center is Sold to Three Investor Groups

Minneapolis’ Wells Fargo Center is Sold to Three Investor Groups

by Phil Hall | Dec 13, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Minneapolis’ 57-story Wells Fargo Center has been acquired by a joint venture between the investor groups Cross Ocean Partners, Neuberger Berman Special Situations and Onward Investors. The 1.15 million-square-foot property opened in 1987 as the headquarters of...
Report: Real Estate Investor Sentiment Up in Q3

Report: Real Estate Investor Sentiment Up in Q3

by Phil Hall | Oct 2, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate investor sentiment was on the rise in the third quarter, according to the Fall 2024 RCN Capital/CJ Patrick Company Investor Sentiment Index. The latest index report saw an eight-point increase from the second quarter, with 68% of investors viewing...
CV3 Financial Services Launches Loan Servicing Division

CV3 Financial Services Launches Loan Servicing Division

by Phil Hall | Sep 24, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Los Angeles-headquartered CV3 Financial Services has rolled out ServEase, a loan servicing division for its customers. CV3 is a private lender providing financing to real estate investors for fix-and-flip and rental properties and ground up construction loans....
Muinzer Acquires Two Student Housing Communities Adjacent to Purdue University

Muinzer Acquires Two Student Housing Communities Adjacent to Purdue University

by Phil Hall | Jul 29, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Muinzer, a Los Angeles-headquartered real estate investment firm specializing in student housing, has acquired the Grant Street Station and South Street Station communities next to Purdue University in West Lafayette, Indiana. The properties total 362 student housing...
Hits and Misses for the Real Estate Week of July 15-19

Hits and Misses for the Real Estate Week of July 15-19

by Phil Hall | Jul 19, 2024 | Hits and Misses, News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

A presidential plea for rent control, California realtors under a Justice Department magnifying glass and an unlikely viral video hit. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 15-19. Miss: Biden’s Rent Control...
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