Real Geeks

Real Estate Investment

Invesco Real Estate Income Trust Inc. | May 24, 2022

Invesco Real Estate Income Trust Inc., an institutionally managed, public non-listed REIT, announced it acquired a majority interest in Everly Roseland, a 384,648 square foot, 360-unit garden-style multifamily community across 30 two-story buildings, following a partial sale to an affiliate. The property is located at 28 Nob Hill Road in Roseland, New Jersey and it is 95% leased. This acquisition is part of a joint venture with Skylight Real Estate Partners, a regional, privately-held real estat...

Business Wire | February 28, 2020

Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc., is launching its new Master Policy for all new mortgage insurance applications, effective March 1, 2020. The new policy was crafted in conjunction with the U.S. Mortgage Insurers (USMI) and its members along with the government-sponsored enterprises (GSEs) to provide lenders and servicers with a uniform and straightforward document that is consistent across nearly all mortgage insurers, eliminating the need to evaluate...

Market Outlook, Real Estate Investment

Wedgewood LLC | February 13, 2023

Wedgewood Homes, a creative solutions provider for real estate with a key focus on revitalizing communities across the US by buying and selling single-family homes, has been awarded Greater Los Angeles' Best Real Estate Solutions Provider in BUILD Magazine's 2022 Real Estate and Property Awards. Since its start in 1985, Wedgewood has been working to find real estate solutions by purchasing single-family homes, renovating them, and selling them to potential buyers. This g...

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 ...