CBRE Group Inc. (NYSE:CBRE) announced the investment banking team from Sera Global, a global independent real assets advisor, has joined the company. The Sera team has offices worldwide – including New York City, London, Los Angeles, Toronto, Boston, Frankfurt,...
Realty Income Corp. (NYSE: O) has announced it will acquire Spirit Realty Capital Inc. (NYSE: SRC) in an all-stock transaction valued at approximately $9.3 billion. Realty Income is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. The...
The Equiton Residential Income Fund Trust, a Canadian private equity firm, has completed its $21.5 million acquisition of Scenic Tower, a multifamily property in London, Ontario. The nine-story Scenic Tower has 115 units, and 148 combined outdoor and underground...
Toronto-headquartered Northwest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN), has named Craig Mitchell as CEO. Mitchell was previously appointed the REIT’s interim CEO on Aug. 8 and held several senior leadership positions with the...
Boston-based real estate investment firm Longpoint Realty Partners announced the final closing of its third institutional fund, Longpoint Fund III L.P. (Fund III). According to the company, Fund III was oversubscribed, with approximately $940 million of commitments...
The real estate marketplace Xome has created a game which allows users to learn and experience the thrill of online real estate auctions. The Xome Auction Simulator enables novice investors to become more comfortable with the process of finding and evaluating...
Hits and Misses for the Real Estate Week of June 15-19
