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Multi Housing News | April 17, 2020
StoneRiver Co. has secured $27.4 million to acquire and renovate Rise at Signal Mountain, a 280-unit multifamily community in Chattanooga, Tenn. Hunt Real Estate Capital provided the 30-month non-resource interest-only first mortgage bridge loan with three extensions options. Located at 1185 Mountain Creek Road, the community comprises of 19 two- and three-story buildings and provides access to Highway 27. Developed in 1986, on a 42.9-acre site, the property is situated near schools, enter...
Real Estate Investment
Bluerock Residential | December 21, 2021
Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) (the "Company") today announced that it has entered into a definitive agreement with affiliates of Blackstone Real Estate ("Blackstone") under which Blackstone will acquire all outstanding shares of common stock of BRG for $24.25 per share in an all-cash transaction valued at $3.6 billion (the "Acquisition").
Under the terms of the agreement, Blackstone will acquire 30 multifamily properties ...
Real Estate Technology
Parque Arauco | March 28, 2022
On March 25th, Parque Arauco, a leader in commercial real estate, announced that its Colombian subsidiary has signed a collaboration agreement with contractor and real estate developer IC Constructora S.A. for developing a multi-family residential property in Bogota, Colombia.
The project, “Proyecto Calle 72,” comprises the development of a residential property with an approximate total GLA of 6,500 m2 and 1,500 m2 of residential and commercial space, respectivel...
prnewswire | February 23, 2021
Land Tokenization Asset Platform (RETAP) with blockchain innovation is going to alter the land business.
Crypto Asset Rating, Inc. has opened new entryways for the land business with a stage that will give immense freedoms to showcase financial backers.
They have made a more proficient commercial center for realtors. Specialists, intermediaries, real estate agents, and land owners will actually want to tokenize business or private properties on the RETAP commercial ...
Real Estate Technology, Real Estate Advice
Real Estate Investment, Mortgage and Lending
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