Morgan Properties Acquires Midwest Multifamily Communities for USD 501mn

Residences at The Streets of St. Charles - Saint Charles, Missouri (Photo courtesy: Business Wire)

Morgan Properties, the nation’s largest private owner of multifamily communities, has acquired a portfolio of 3,054 units across 11 assets in eight Midwest states from Trilogy Real Estate Group. This acquisition, valued at $501 million, marks a significant milestone in the firm’s 40-year history as it expands Morgan Properties’ apartment holdings to over 100,000 units nationwide […]

MAG Showcases Its Premium Project in Blackburn Dubai Property Expo

The Ritz-Carlton Residences, Dubai, Creekside at the Keturah Resort (Photo: AETOSWire)

MAG, one of the UAE’s leading real estate developers, is set to participate in the Blackburn Dubai Property Expo, taking place on 22-23 February at Stanley House Hotel & Spa, UK. The developer will showcase its flagship project, The Ritz-Carlton Residences, Dubai, Creekside, part of the Keturah Resort, presenting a unique opportunity for an unparalleled […]

The Opportunities in the UAE’s Real Estate Sector in 2025

Satish Sanpal, Chairman of ANAX Holding

Satish Sanpal, Chairman of ANAX Holding As we step into 2025, the UAE’s real estate sector presents immense opportunities that promise expansive growth and cutting-edge innovation. With visionary leadership and strong economic policies setting the tone, the market continues to attract investors and developers from around the globe. In 2024 alone, Dubai’s real estate market […]

Marcus & Millichap Announces Ian Grusd to Lead Auction Service Team

Ian Grusd (Photo: Business Wire)

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced recently the hiring of Ian Grusd. In his new role, Grusd will focus on expanding Marcus & Millichap’s national Auction Services team with Northeast-based clients selling properties throughout the country. “Ian is an extremely well-respected […]

RAK Properties reports AED408 million in revenue for the year 2022

RAK Properties PJSC, the largest listed property developer in Ras Al Khaimah, on Sunday 12 February reported annual revenue of AED 408 million for 2022. During the year RAK Properties delivered 207 villas in Marbella, a luxury residential beachfront community on Hayat Island, and 266 apartments in Julphar Residence on Abu Dhabi’s Reem Island. In […]