The New York City-based real estate investment firm Ashkenazy Acquisition Corp. has acquired Orland Park Place, a retail plaza in the Chicago suburb of Orland Park, Illinois, for $60 million. The 600,000-square-foot shopping destination features retailers such as...
Real estate investors purchased 17% of homes sold during the third quarter, up by a scant 1% from a 16% share recorded one year earlier. According to data from Redfin, the total investor home purchases came to roughly 52,000 transactions. Investors bought 1% more...
Saudi Arabia’s Real Estate General Authority (REGA) has launched “Saudi Properties” as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law...
Ares Commercial Real Estate Corporation (NYSE: ACRE) has acquired a light manufacturing industrial portfolio of 20 properties in eight states. The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. The...
The delinquency rate for commercial mortgage-backed securities (CMBS) declined by 20 basis points in November to 7.26%, after climbing 23 basis points in October, according to new data from Trepp Inc. Year-over-year, the overall US CMBS delinquency rate is up 86 basis...
The Alberta-based real estate finance firm and investment manager KV Capital has continued its expansion across Canada with the opening of an office in Toronto. The new office is the company’s third location, joining its Edmonton headquarters that opened in 2006 and a...
