Federal Realty Investment Trust (NYSE: FRT) announced its $187 million acquisition of Annapolis Town Center, a 480,000-square-foot open-air shopping center in Anne Arundel County, Maryland. The 19-acre property was constructed in the 1960s as an enclosed mall and...
The real estate investment trust UMH Properties Inc. (NYSE: UMH) has acquired Albany Dunes, a manufactured home community in Albany, Georgia for $2.6 million. The 43-acre community contains 130 developed homesites, of which 32% are occupied. Samuel A. Landy, UMH...
Clarion Partners, a New York City-based real estate investment manager, has expanded into the senior housing sector with its acquisition of Sancerre at Atlee Station from NexCore Group and its wholly owned subsidiary Experience Senior Living and its Sancerre brand. As...
Getty Realty Corp. (NYSE: GTY), a New York City-headquartered REIT focused on convenience and automotive retail real estate, announced its acquisition of 12 convenience stores for $100 million along with a long-term, unitary net lease with a subsidiary of Now &...
The real estate investment firm FCP has made its first foray into the Las Vegas market with the acquisition of The Avondale Apartments, a 560-unit community. Avondale comprises one-, two-, and three-bedroom residences in three-story buildings. Community amenities...
A 169-unit portfolio of Connecticut affordable housing complexes was sold for $39.7 million. The portfolio consists of the 10-story, 116-unit Kimberly Place in Danbury and the five-story 53-unit One Leonard in Norwalk. Both properties are set aside for senior...
