The Building Intelligence Group

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...

REAL ESTATE INVESTMENT

Triumph Properties | April 08, 2022

Triumph Properties announced it has closed an $82.5mm total capitalization of a 287-unit multi-family development project, Aileron, located in the booming North Phoenix submarket. The land parcel of 9.87 acres was purchased from Moderne Capital Partners, who will be Triumph's development partner on the deal. Triumph believes that Aileron's location will benefit from the continued growth of the north Phoenix market including notable job announcements like the Taiwan Semicon...

HousingWire | February 27, 2020

Real estate and mortgage startup Homie, which launched in 2015 in Utah and expanded into Arizona in 2018, is now set to move into three new states after the company raised $23 million in new funding. Homie announced Wednesday that it recently closed its Series B equity round of financing, in which the company raised $23 million. Last year, the company raised $10 million in its Series A funding round. With the new funding in its coffers, Homie plans to expand beyond Utah and Arizona into three ot...

INVESTMENTS

Dreamscape | December 14, 2021

A joint-venture between affiliates of Dreamscape Companies and Meritage Group LP completed the acquisition of the Nashville Holiday Inn & Suites Downtown, a newly constructed hotel situated in the heart of Downtown Nashville in the city's vibrant SoBro (South of Broadway) neighborhood. This purchase marks Dreamscape's second hospitality transaction in the city in 2021, having acquired The Sheraton Grand Nashville Downtown in June. The purchase of this 230-room hotel underscores Dream...