The multifamily real estate investment firm Southeast Property Group has acquired a two-property, 328-unit apartment portfolio in Jacksonville, Florida, for $20.3 million. The properties were acquired from the Chetrit Group, which originally acquired them as part of...
The prices for existing Canadian homes were flat in February, ending a declining streak that began last fall. According to the Canadian Real Estate Association (CREA), nationwide home sales in February were down by 3.1% from January. The actual (not seasonally...
ElmTree Funds, a St. Louis-based private equity real estate firm focused on the commercial real estate net-lease sector, announced the launch of two perpetual-life real estate investment trusts (REITs) to acquire and manage a diversified portfolio of U.S. net lease...
Armour Residential REIT Inc. (NYSE: ARR, ARR PRC) announced the retirement of Jeffrey J. Zimmer as co-CEO, president, vice chairman and director of the company. Zimmer, who held the leadership role at the company since November 2009, will serve as an ex-officio,...
Investors seeking the best returns in the single-family rental property market will find plenty of opportunities in the Midwest, Northeast and South, according to a new data report from ATTOM. In an analysis of 341 counties, ATTOM found the counties with the highest...
Noble Investment Group, an Atlanta-based real estate investment manager specializing in the travel and hospitality sector, has named Angela Johnson as managing principal and head of global client solutions and strategic partnerships. In this new role for the...
Hits and Misses for the Real Estate Week of June 15-19
