MLG Capital Buys Suburban Apartment Complex for M

MLG Capital Buys Suburban Apartment Complex for $73M

MLG Capital, a Wisconsin-based real estate investor, paid nearly $73 million for Meadows at River Run, a 374-unit complex located at 350 Whitewater Drive in Bolingbrook, Illinois. MLG Capital purchased the property... Read more »
Shekhter’s WS Communities Defaults on Hankey Capital Loan

Shekhter’s WS Communities Defaults on Hankey Capital Loan

WS Communities, the apartment landlord founded by Neil Shekhter, has defaulted on a loan from Hankey Capital tied to a parcel in Santa Monica, The Real Deal has learned.  The firm is... Read more »
Rithm Capital completes acquisition of Sculptor

Rithm Capital completes acquisition of Sculptor

New York-based Rithm Capital, the parent company of Newrez, announced on Friday it completed the acquisition of Sculptor Capital Management for $719.8 million.  The deal was made public four months ago and created a dispute among investors... Read more »
Opinion: Bank capital requirements would put squeeze on mortgage market

Opinion: Bank capital requirements would put squeeze on mortgage market

In September, the nation’s banking regulators released a proposal to increase the capital required of banks with more than $100 billion in assets. The effort was intended to decrease systemic risk, but... Read more »