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CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million

CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million

by Phil Hall | Mar 2, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in higher growth Southeast and Southwest markets, has paid $81.6 million to acquire Palms Crossing, a 399,000-square-foot open-air retail center in McAllen, Texas. The 47-acre...

Stanley Martin Homes Acquires United Homes Group for $221 Million

by Phil Hall | Feb 23, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Reston, Virginia-based Stanley Martin Homes LLC, a homebuilder focused on the Mid-Atlantic and Southeast regions, is acquiring Columbia, South Carolina-headquartered United Homes Group Inc. (NASDAQ: UHG) in an all-cash transaction valued at approximately $221 million....
Multifamily REIT Veris Residential is Sold for $3.4 Billion to Affinius Capital-Led Investor Consortium

Multifamily REIT Veris Residential is Sold for $3.4 Billion to Affinius Capital-Led Investor Consortium

by Phil Hall | Feb 23, 2026 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Veris Residential Inc. (NYSE: VRE) a Northeast-focused multifamily real estate investment trust, announced it is being acquired by an investor consortium led by Affinius Capital in partnership with Vista Hill Partners in an all-cash transaction for $19.00 per share of...

Kennedy Wilson is Acquired in $1.6 Billion Deal

by Phil Hall | Feb 18, 2026 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The real estate investment firm Kennedy Wilson Holdings Inc. (NYSE:KW) announced it is being acquired by a consortium led by its CEO William McMorrow and the Toronto-headquartered Fairfax Financial Holdings Limited (TSX: FFH, FFH.U) in an all-cash transaction of...
Winnipeg Shopping Center Sells for $160.5 Million

Winnipeg Shopping Center Sells for $160.5 Million

by Phil Hall | Feb 13, 2026 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The real estate investment and development firm Leyad has acquired St. Vital Centre, the Winnipeg shopping center, for $160.5 million. St. Vital Centre encompasses approximately 1 million square feet of gross leasable area and features 160 retailers. It attracts 8...
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