Realty Income Acquires Spirit Realty Capital for $9.3 Billion
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...
Equiton Closes $21.5 Million Acquisition of Multifamily Property in London, Ontario
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...
New CEO at Northwest Healthcare Properties Real Estate Investment Trust
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...
Longpoint Realty Partners Closes Third Institutional Fund
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...
Xome Auction Simulator Teaches Neophyte Investors About Online Real Estate Auctions
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...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
