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Canadian REIT Buys Dallas-Area Apartment Complex for $87.5 Million

Canadian REIT Buys Dallas-Area Apartment Complex for $87.5 Million

by Phil Hall | Aug 13, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Toronto-headquartered BSR Real Estate Investment Trust (TSX: HOM.U, HOM.UN) announced that it has purchased The Ownsby Apartments in the Dallas submarket of Celina, Texas submarket for $87.5 million. Completed earlier this year, The Ownsby comprises 368 apartment...
Grant Cardone Seeks CFO for New Endeavor

Grant Cardone Seeks CFO for New Endeavor

by Phil Hall | Jul 28, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

High-profile real estate investor Grant Cardone has put out a call for a chief financial officer for his latest endeavor. “Looking for a CFO with REIT experience running a public company to take Cardone Capital public,” Cardone wrote on his X page. “If you are tired...
Forecast: Global REIT Market to Reach $350.2 Billion by 2028

Forecast: Global REIT Market to Reach $350.2 Billion by 2028

by Phil Hall | Jan 24, 2025 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

The global market size for the real estate investment trust (REIT) is estimated to grow by $350.2 billion from 2024-2028 with a compound average growth rate of 2.87%, according to a new forecast from Technavio. The North American market is expected to account for...
Lionel Messi’s REIT Holds IPO

Lionel Messi’s REIT Holds IPO

by Phil Hall | Dec 31, 2024 | Current News & Events, International Real Estate News, Market Snapshot, Real Estate Investing, WRE News Exclusive

Soccer great Lionel Messi held an initial public offering (IPO) of his real estate properties, valuing the portfolio at $232 million. Bloomberg reports Messi’s company, Edificio Rostower Socimi, is listed as a real estate investment trust (REIT) on the Portfolio Stock...
New REIT Focuses on Historic Harlem Apartment Building

New REIT Focuses on Historic Harlem Apartment Building

by Phil Hall | Nov 26, 2024 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

Our Financial Health, a financial wellness organization, has created a real estate investment trust (REIT) centered on a historic apartment building in the Harlem section of New York City. The REIT is focused on the 10-unit property at 422 St. Nicholas Avenue built in...
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