June 8, 2025 - 11:17
Saluda Grade, an alternative investment firm specializing in asset-based finance, has announced its acquisition of Hillcrest Finance, a minority- and women-owned investment firm known for its expertise in commercial real estate (CRE). This strategic move marks a significant expansion of Saluda Grade's real estate platform and enhances its capabilities in the residential real estate sector.
The acquisition comes approximately one year after Saluda Grade initially invested in Hillcrest Finance by acquiring a passive minority stake in June 2024. This prior investment laid the groundwork for the current acquisition, showcasing Saluda Grade's commitment to fostering diversity and inclusion within the investment landscape.
With this new addition, Saluda Grade aims to leverage Hillcrest's specialized knowledge and network in commercial real estate, further strengthening its portfolio. The acquisition is expected to create new opportunities for growth and innovation in the real estate market, benefiting both firms and their stakeholders.
June 14, 2025 - 22:43
Affordable New Homes Under $350K Attract Buyers in California's Central ValleyAffordability in California`s Central Valley region is a drawcard for buyers—especially those who want new homes that are move-in ready. Despite the state`s median home prices soaring to an...
June 14, 2025 - 05:17
Decline in Household Real Estate Value and Equity at Start of 2025At the start of 2025, recent Flow of Funds data from the Federal Reserve revealed a slight retreat in the total value of owner-occupied real estate, which stood at $47.9 trillion. This figure marks...
June 13, 2025 - 19:20
Brooklyn Borough President Accepts Contributions from Real Estate InterestsBrooklyn Borough President Antonio Reynoso’s reelection campaign has accepted thousands of dollars in contributions from real estate industry players, despite his earlier commitment to limit...
June 13, 2025 - 04:24
Navigating the Shifting Landscape of Real Estate Amid Rising RatesBob Bushmiaer from a prominent Little Rock real estate firm has noted that industry experts are divided on the current state of the residential real estate market, particularly as interest rates...