HomeReal Estate
Real Estate
The Bascom Group Acquires 72-Unit, 1999 Built Senior Housing Community in the Las Vegas Metro for $3.05MM
IRVINE, Calif., April 15, 2024 /PRNewswire/ -- The Bascom Group, LLC ("Bascom") has acquired Homestead at Boulder City ("Homestead") for $3,050,000. Homestead is a 1999-built, single-story, 72-unit senior housing property located at 1401 Medical Park Drive, Boulder City, Nevada. Vincent Punzi and Lowell Takahashi of...
Pickleball Kingdom Takes the Throne Becoming the First Global Pickleball Powerhouse
PHOENIX, April 15, 2024 /PRNewswire/ -- It was just a matter of time before the fastest growing sport, pickleball, became America's most popular export. A new era has begun. Pickleball Kingdom, the nation's premier and largest entity of indoor pickleball facilities, has just become...
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...
New Data Finds Home Prices Have Outpaced Inflation by 2.4x Since 2013
The median home in the U.S. is currently 6.3x more expensive than the median household income, compared to 3.4x in 1985. This ratio is poised to reach a staggering 8.4x by 2050 if the current trajectory persists.ST. LOUIS, March 12, 2024 /PRNewswire/ -- Home prices today...
Rise48 Equity Acquires 49th Multifamily Apartment Investment
SCOTTSDALE, Ariz., March 12, 2024 /PRNewswire/ -- Rise48 Equity, a leading multifamily investment group, today announced the acquisition of Copperfield Apartments in Fort Worth, Texas. This 323-unit complex marks the company's 49th acquisition since 2019 and its 9th in the Dallas market, further strengthening...
An Affiliate of Oberndorf Real Estate Management and The Bascom Group Acquire Multifamily Community ‘Hearthstone at City Center’ in Aurora, Colorado, for $74 Million
Hearthstone features 360 low-density garden-style apartments in one- and two-story buildings, and is situated on 18 acres in the attractive suburban Aurora submarket of Denver DENVER, March 13, 2024 /PRNewswire/ -- An affiliate of Oberndorf Real Estate Management, LP. ("OBREM") formerly known as The...