Two Harbors Investment Corp. (NYSE: TWO), a New York City-based mortgage servicing rights-focused REIT, announced that its board of directors received an unsolicited proposal to acquire all outstanding shares of the company’s common stock for $10.70 per share in cash....
Ottawa-headquartered InterRent Real Estate Investment Trust (TSX: IIP.UN) has announced that Chairman and CEO Brad Cutsey is resigning effective March 23. He will also step down as a trustee of the multifamily market-focused REIT. The company said Cutsey’s departure...
Scottsdale, Arizona-based Walton Global, a real estate investment, land banking and land asset management company, has launched its US Land Income & Growth Fund for offshore investors. According to the company, the fund is a private investment vehicle focused on...
Tempus Realty Partners, a Little Rock, Arkansas-based real estate investment partnership, has acquired an industrial portfolio totaling $22.2 million. The portfolio includes five assets across two properties spanning a total of 311,158 square feet on 23 acres. One...
Neighborhood Ventures, a Phoenix-headquartered multifamily real estate operator and investment firm, has acquired Venture on 16th, an 86-unit multifamily community located in the Biltmore District of Uptown Phoenix for $19.5 million. The property was acquired in a...
The New York City-based start-up BOOSTzer.com has launched lead generation platform designed to connect real estate investors, wholesalers and flippers with home sellers actively seeking cash offers in off-market transactions. According to the company, sellers are...