Carter Multifamily, a Carter Funds company, has paid $37.7 million to acquire a 166-unit garden-style multifamily community located in Melbourne, Florida. Located in the state’s Space Coast, southeast of Orlando, the property was formerly known as The Palm Bay...
The Chicago-headquartered commercial real estate and investment management company JLL (NYSE: JLL) has named Sean Coghlan as head of investor relations. Coghlan previously led the company’s global research and strategy for capital markets. In his new job, he will be...
The Securities and Exchange Commission (SEC) has brought new charges against Elchonon “Elie” Schwartz and his New York City-based commercial real estate investment firm Nightingale Properties LLC. Earlier this month, Schwartz pleaded guilty in federal court for...
Goodman Real Estate, a Seattle-headquartered real estate investment company specializing in multifamily and commercial real estate, has acquired Town Deer Valley Apartments, a 388-unit Class A property located in Phoenix, for $131.1 million. The sale was facilitated...
CAPREIT (OTCMKTS: CDPYF) (TSX: CAR.UN), a Toronto-headquartered real estate investment trust focused on multifamily assets, has ventured into the student housing sector with its acquisition of Coastal Village, a 200-home, 800-bed student housing community in south...
Bill Ackman’s Pershing Square Holdco LP has submitted a new non-binding proposal for a $900 million acquisition of Howard Hughes Holdings Inc. (NYSE: HHH). The new proposal would have Pershing Square acquire 10,000,000 newly issued common shares of HHH for $90 per...
