Construction Industry Federation

Business Wire | February 27, 2020

Churchill Mortgage, a leader in the mortgage industry providing conventional, FHA, VA and USDA residential mortgages across 46 states, announced today that it has acquired Elev8 Mortgage. In Bend, Ore., with a population of 94,520, Elev8 grew from a new broker shop to producing an average of $100 million a year. With the acquisition of Elev8, Churchill Mortgage will be transitioning their entire team and office into a leading Churchill branch made up of former Elev8 employees offering more than ...

Real Estate Investment

Axylyum | September 13, 2021

CRE Financial Firm, Axylyum Charter recently announced that they have joined the American Association of Private Lenders. The oldest national organization representing the private real estate and peer-to-peer lending industry, AAPL's members include private money lenders, mortgage fund managers, brokers and service providers from around the United States. "We are very pleased to have joined such an important industry organization. The team at Axylyum believe very strongly...

Market Outlook,Real Estate Investment

Northwood Investors | November 23, 2022

Global real estate investment firm Northwood Investors LLC announced today its acquisition of Fifth + Broadway, a newly developed 6.2-acre mixed-use, open-air center. The property was developed and operated by Brookfield Properties, which completed construction in 2021. Northwood has purchased the property in its entirety, including its retail district, 501 Commerce office tower and The Place residences, from a subsidiary of Brookfield. As Northwood expands its footprint in Nashvi...

Real Estate Investment

Blackstone Real Estate Income Trust | June 24, 2022

Blackstone and Preferred Apartments Communities, Inc. announced that Blackstone Real Estate Income Trust, Inc. has completed its previously announced acquisition of PAC for $25.00 per share of common stock, without interest, in an all-cash transaction valued at approximately $5.8 billion. The holders of each series of PAC’s preferred stock will receive the $1,000 per share liquidation preference for each share of preferred stock plus accrued but unpaid dividends thereon, without interest. ...