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, 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...
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...
Toronto-based Inovalis Real Estate Investment Trust (OTCMKTS: IVREF; TSX: INO.UN) announced the appointment of Stéphane Amine as president and CEO. Amine is the founder of Inovalis SA, that French Alternative Investment fund that is the manager of the REIT. He...
At the risk of being flippant, the new public listing for the online mortgage lender Better (NASDAQ:BETR) might be a case of being in the right place at the wrong time. According to a Reuters report, Better’s shares sank this morning during its stock trading debut....
99 Acquisition Group Inc., a special purpose acquisition company (SPAC) seeking a merger with a real estate industry company, has closed its initial public offering (IPO) of 7.5 million units at $10.00 per unit. The units are listed on Nasdaq Global Market and are now...
