Wire Real Estate

Caesars Entertainment, Inc. and VICI Properties Inc. announced they have completed the previously disclosed transaction to sell Harrah’s Reno Hotel and Casino (“Harrah’s Reno“) to an affiliate of CAI Investments for $41.5 million.  The proceeds of the transaction were split 75% to VICI and 25% to Caesars, while the annual rent payments under the Regional Master Lease between Caesars … Continue reading Caesars Entertainment and VICI Properties Complete Sale of Harrah’s Reno to CAI Investments Continue Reading →

 Pending home sales in August continued to move upward, marking four uninterrupted months of positive contract activity, according to the National Association of Realtors®. Each of the four major regions experienced growth in month-over-month and year-over-year pending home sales transactions.   NAR Pending Home Sales August 2020 NAR Chief Economist, Lawrence Yun (PRNewsfoto/National Association of Realtors) … Continue reading Pending Home Sales Index Reaches Record High as Sales Ascend 8.8% in August Continue Reading →

Pacific Western Bank recently provided a $67 million construction loan to Cypress Real Estate Advisors (“CREA”). The loan will be used to develop The Cameron, a 361-unit Class A apartment community that will be located at 4545 E. Warren Ave. in Denver, Colorado. The Cameron will be near the Colorado Station RTD light rail stop, the community will … Continue reading Pacific Western Bank closes $67 million construction loan for 361-unit Class A apartment community with Cypress Real Estate Advisors (“CREA”) Continue Reading →

The Real Estate Roundtable’s 24-member Board of Directors has approved John F. Fish (CEO & Chairman, Suffolk) as the organization’s Chair-Elect, to begin his term as Chairman of the Roundtable in mid-2021.  The Board also approved, effective immediately, Jodie W. McLean (CEO, Edens) as its Secretary and Jeff T. Blau (CEO, Related Companies) as the Chair of the organization’s newly established Equity, Diversity and Inclusion (ED&I) … Continue reading The Real Estate Roundtable Board of Directors Approves RER Leadership; Establishes Equity, Diversity and Inclusion Committee Continue Reading →

Triumph Properties Group is seeking a 1031 exchange of $100 million into value-add multifamily properties with the following criteria.   1980- early 2000’s vintage 150+ units Free and Clear Value Add Opportunities Distressed Lease Ups A/B Submarkets Preferred Target Markets Phoenix, AZ Denver, CO Dallas, TX Austin, TX Las Vegas, NV Salt Lake City, UT Atlanta, GA Raleigh, … Continue reading Triumph Properties Group Seeks $100 mm 1031 Exchange & Hires New Director of Acquisitions Continue Reading →

 Buxton & Collie, LLC, is pleased to announce the addition of Cecile Rabon Crogan to their team as the lead Estate Planning Attorney. Crogan has spent the last several years cultivating her knowledge of estates and trusts in Baltimore, Maryland. A South Carolina native, Crogan is incredibly knowledgeable and educated in all matters related to estate law. She graduated from Clemson … Continue reading Buxton & Collie Hires New Lead Estate Planning Attorney Continue Reading →

 The American Apartment Owners Association is excited to announce its first virtual 2-day event on October 14th and 15th 2020, for income property owners, property management companies, and real estate professionals.  This live event will feature keynote speakers including Hall of Fame NFL Quarterback Joe Theismann, HGTV star Carrie Locklyn, actor and author Scott Christopher, and landlord and comedian Charles Marshall. … Continue reading American Apartment Owners Association Hosts First Virtual Event For Rental Industry Professionals Continue Reading →

PLOWZ & MOWZ, the first and largest outdoor home services marketplace, announces the launch of its new platform, Ground Control. With over 8,000+ qualified landscaping companies operating in 50+ markets across the U.S., the Plowz & Mowz mobile app aids homeowners with finding on-demand landscaping solutions, and now Ground Control supports property owners in managing numerous landscaping services … Continue reading Ground Control by PLOWZ & MOWZ™ Launches for Property Managers Continue Reading →

MDJM LTD, an integrated real estate services company in China, announced today that it has entered into a primary real estate agency services contract (the “Contract”) with Tianjin Yuanqing Investment Co., Ltd. (“Yuanqing”), a leading real estate developer in Tianjin and a wholly-owned subsidiary of a Top 500 Company of China. Pursuant to the Contract, MDJH will serve as … Continue reading MDJM LTD Announces Exclusive Sales Agent Contract for a 560-Unit, 968,000 ft2 Residential Real Estate Project in Tianjin Continue Reading →

 LMC, a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, today announced the start of leasing at Denizen, a contemporary mixed-use apartment community in the Kerns neighborhood of Portland. Virtual and online leasing options are available to enable future residents to access a unique and realistic view of the community. The … Continue reading LMC Announces Leasing at Denizen Apartments Continue Reading →