MCB Real Estate, a Baltimore-headquartered commercial real estate developer and investment management firm, is renewing its’ attempts to acquire Houston-based Whitestone REIT (NYSE: WSR) by offering to purchase all the outstanding Whitestone shares for $15.20 per...
The delinquency rate for commercial mortgage-backed securities (CMBS) surged by 23 basis points in October to 7.46%, according to new data from Trepp Inc. One year ago, the delinquency rate was at 5.98%, a difference of 148 basis points. Last month, the overall...
Toronto-headquartered Flagship Communities Real Estate Investment Trust (TSX:MHC.U, MHC.UN) has paid a combined $79 million to acquire manufactured housing communities (MHC) in Indiana and Ohio. Flagship completed the acquisition of a community in Seymour, Indiana,...
Neighborhood Ventures (NV), a real estate operator and an online real estate investment company that enables investments in multifamily properties, has acquired Route 66, a 24-unit multifamily property in Flagstaff, Arizona, via a Section 721 UPREIT exchange valued at...
The Tel Aviv Stock Exchange (TASE) announced a new equity index, the TA-Real Estate 35 index focused on Israel’s major real estate companies, will debut on Nov. 9. The index is restricted to the 35 largest real estate shares by market capitalization, selected from the...
The real estate investment trust Sotherly Hotels Inc. (NASDAQ: SOHO) announced that KW Kingfisher, a joint venture involving affiliates of Kemmons Wilson Hospitality Partners LP (KHWP) and Ascendant Capital Partners LP, will acquire all outstanding shares of Sotherly...
