Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused REIT and CrossCountry Mortgage LLC (CCM), have amended their merger agreement to increase the per-share all cash consideration payable to Two Harbors stockholders to $12.00 per share from...
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) (TSX:CAR.UN), has announced President and CEO Mark Kenney will retire on July 2. Kenney served in the leadership roles since November 2018; he was previously chief operating officer. He will also...
Brookfield Asset Management (NYSE: BAM, TSX: BAM) announced the completion of its $1.2 billion all-cash acquisition of Peakstone Realty Trust (NYSE: PKST). El Segundo, California-based Peakstone offers a portfolio of more than 70 industrial assets, including...
Real estate investor sentiment declined during the first quarter to the lowest recorded score in 11-quarter history of the RCN Capital/CJ Patrick Company Investor Sentiment Index. The 14-point drop to an index score of 87 was also the first time that all four elements...
Ownify, the San Francisco-based fractional homeownership platform, has launched a new fund in Colorado that will co-invest in single-family starter homes alongside qualified first-time homebuyers. The Ownify Home Fund Colorado will allow qualified first-time buyers to...
The real estate firm ECI Group has teamed with ApexOne Investment Partners in a joint venture to form ApexOne-ECI Multifamily Fund VI LP, which will focus on the acquisition, redevelopment and managing of multifamily assets across the Sunbelt, Midwest, and Mountain...