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Kimco Realty Pays $2 Billion to Acquire RPT Realty
The transaction will add 56 open-air shopping centers comprising 13.3 million square feet of gross leasable area to Kimco’s existing portfolio. Continue Reading Kimco Realty Pays $2 Billion to Acquire RPT Realty
AXS Investments Launches Real Estate Income ETF
RINC is equally weighted by sector – 50% commercial real estate lending, 25% non-agency residential real estate debt, and 25% agency residential real estate debt. Continue Reading AXS Investments Launches Real Estate Income ETF
Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion
Philadelphia-based Hersha will no longer be listed on any public securities exchange after the closing of the transaction. Continue Reading Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion
Guild Mortgage Acquires First Centennial Mortgage
San Diego-headquartered Guild Mortgage (NYSE: GHLD) has acquired First Centennial Mortgage, an Illinois-based privately held residential mortgage lender focused on the Midwest markets. First Centennial Mortgage was founded by brothers Steven and David McCormick in...
Bayview Asset Management Creates Insurance Asset Management Division
The new division will be led by Chief Investment Officer Nancy Mueller Handal, who previously served as the head of private fixed income and alternatives at MetLife. Continue Reading Bayview Asset Management Creates Insurance Asset Management Division
Two Agricultural and Rural Lenders Announce Merger
“This merger makes us a better partner for our customers,” said Curt Hudnutt, CEO of American AgCredit, who will lead the merged entity. Continue Reading Two Agricultural and Rural Lenders Announce Merger
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