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First National Realty Partners Acquires Pennsylvania Retail Property

HORSHAM, Pa., March 21, 2024 /PRNewswire/ -- First National Realty Partners (FNRP), a leading national private equity firm specializing in commercial real estate, announced the acquisition of Elements Horsham, a 50,353-square-foot shopping center in Horsham, Pennsylvania. This strategic acquisition strengthens FNRP's presence in the...

Venterra Realty Breaks Ground on Camber Ridge Multifamily Development In Fulshear, TX

HOUSTON, March 6, 2024 /PRNewswire/ -- Venterra Realty broke ground on a new multifamily community, Camber Ridge at Cross Creek Ranch, in Fulshear, TX. Camber Ridge When fully built out, the property will contain a 312-unit Class A apartment community that is part of Johnson Development Corp's...

SummerHill Sells 251-Unit Community in Santa Clara, CA for $125M

The sale recorded on February 27, 2024 and the new owner received the property fully stabilized. Located at 3560 Rambla Place, Prado is a seven-story building comprised of 251 residential units that include both one and two-bedroom apartments that was completed in 2021 and...

The Bascom Group Continues Brisk 2024 Acquisition Pace, Acquires 96-Unit Apartment Community In Santa Fe, New Mexico

IRVINE, Calif., March 11, 2024 /PRNewswire/ -- The Bascom Group, LLC ("Bascom") has acquired San Miguel Court Apartments (the "Property"), a 1974 built, 96-unit garden-style multifamily property located at 2029 Calle Lorca in Santa Fe, New Mexico. Ryan Greer and CJ Connelly of CBRE arranged...

Stoic Equity Partners closes on 286,098 square feet of investment assets; first two assets in new fund, SEP Industrial Holdings I LLC

Daphne, Alabama-based private equity real estate firm Stoic Equity Partners breaks into Louisville, Ky. market and expands commercial portfolio in Jackson, Miss.DAPHNE, Ala., March 11, 2024 /PRNewswire/ -- Stoic Equity Partners has closed on the purchase of two flex industrial assets–the first two closings...

ASHFORD HOSPITALITY TRUST ANNOUNCES PROGRESS IN DELEVERAGING PLAN WITH SALE OF THE RESIDENCE INN SALT LAKE CITY

DALLAS, March 11, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has closed on the sale of the 144-room Residence Inn located in Salt Lake City, Utah (the "Hotel") for $19.2 million.  When adjusted...