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Pennsylvania Housing Finance Agency Issues RFP for Mixed-Use Projects

Pennsylvania Housing Finance Agency Issues RFP for Mixed-Use Projects

by Phil Hall | Aug 29, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Pennsylvania Housing Finance Agency has issued a Request for Proposals (RFP) for new construction or the rehabilitation of mixed-use projects seeking financial support. Funding will be provided through the Community Revitalization Fund Program, and the agency is...
Kimco Realty Pays $2 Billion to Acquire RPT Realty

Kimco Realty Pays $2 Billion to Acquire RPT Realty

by Phil Hall | Aug 28, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Kimco Realty (NYSE: KIM), the owner and operator of open-air, grocery-anchored shopping centers and mixed-use assets, has announced its acquisition of rival company RPT Realty (NYSE: RPT) in an all-stock transaction valued at approximately $2 billion. Upon closing,...
AXS Investments Launches Real Estate Income ETF

AXS Investments Launches Real Estate Income ETF

by Phil Hall | Aug 28, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

AXS Investments, a New York City-based asset manager, has added a new exchange-traded fund (ETF) to its fund lineup with the introduction of AXS Real Estate Income ETF (RINC). The RINC ETF marks the launch of the AXS partnership with Gapstow Capital Partners, which...
Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion

Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion

by Phil Hall | Aug 28, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

KSL Capital Partners LLC, a Denver-headquartered investor in travel and leisure businesses, has announced that it will acquire all of the outstanding common shares of Hersha Hospitality Trust (NYSE:HT) for $10.00 per share in an all-cash transaction valued at...
Hits and Misses for the Real Estate Week of Aug. 21-25

Hits and Misses for the Real Estate Week of Aug. 21-25

by Phil Hall | Aug 25, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A newspaper that fact checked a dubious real estate report, a female empowerment lesson that is better than “Barbie” and a wristwatch inspired by a legendary hotel. From the wild and woolly world of real estate, here are the hits and misses for this week....
Merredith Treaster Named SVP Northern California at EQ Office

Merredith Treaster Named SVP Northern California at EQ Office

by Phil Hall | Aug 25, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

EQ Office, the U.S. office portfolio company of Blackstone (NYSE:BX), has hired Merredith Treaster as its senior vice president for Northern California. Treaster will be based in San Francisco and will be responsible for the company’s Northern California portfolio...
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