Partners Group, the Swiss-based global private equity firm, announced its acquisition of Empira Group, a real estate investment platform. The financial terms of the acquisition were not disclosed. Founded in 2014 and headquartered in Switzerland, Empira Group is...
The delinquency rate for commercial mortgage-backed securities (CMBS) soared in November by 42 basis points to 6.40%, according to new data from Trepp Inc. One year ago, the delinquency rate was at 4.58%. Trepp attributed the upswing to substantial increases in the...
Lovett Industrial, a Houston-based real estate investment firm, announced the recent groundbreaking of 121 Logistics Park, a 27-acre urban infill development consisting of 339,280 square feet across two Class A logistics facilities in Coppell and Lewisville, Texas....
Our Financial Health, a financial wellness organization, has created a real estate investment trust (REIT) centered on a historic apartment building in the Harlem section of New York City. The REIT is focused on the 10-unit property at 422 St. Nicholas Avenue built in...
Flacks Group, a Miami-based investment firm, has acquired the 180-room Crowne Plaza North Augusta, an IHG Hotel in Augusta, Georgia. The luxury hotel was built in 2019 and is based along the Savannah River. It is located a short distance from the Augusta National Golf...
The Denver-based real estate investment firm VanWest Partners announced its acquisition of three self-storage assets in Arkansas, Georgia, and Nevada. The acquired properties are based in Springdale, Arkansas, with 539 units and 72,645 net rentable square feet (NRSF);...
