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Rithm Capital Buys Paramount Group for $1.6 Billion

Rithm Capital Buys Paramount Group for $1.6 Billion

by Phil Hall | Sep 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Rithm Capital Corp., a global alternative asset manager, announced its $1.6 billion acquisition of Paramount Group Inc. (NYSE: PGRE), a real estate investment trust focused on Class A office properties in New York City and San Francisco. The transaction values New...

Kennedy Wilson Acquires Toll Brothers’ Apartment Living Platform for $347 Million

by Phil Hall | Sep 18, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The global real estate investment company Kennedy Wilson (NYSE: KW) announced it is acquiring the Apartment Living Platform of the luxury home builder Toll Brothers Inc. (NYSE: TOL) for $347 million. According to the companies, Kennedy Wilson will acquire Toll...
MG Properties Expands into Texas with Acquisition of Dallas-Area Apartment Community

MG Properties Expands into Texas with Acquisition of Dallas-Area Apartment Community

by Phil Hall | Sep 3, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

MG Properties, a San Diego-headquartered real estate investment firm specializing in multifamily properties, has expanded into the Texas market with the acquisition of Ovation at Galatyn Park, a luxury apartment community located in the Dallas suburb of Richardson,...

CIP Real Estate Pays $66 Million for 3 Industrial Parks in Florida

by Phil Hall | Sep 2, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Irvine, California-headquartered real estate investment company CIP Real Estate announced its acquisition of three industrial parks in Florida for a combined price of $66.45 million. The acquired properties include a 26-acre industrial infill land Tampa, where...
Texas Acquires 2 Hotels Adjacent to the Alamo

Texas Acquires 2 Hotels Adjacent to the Alamo

by Phil Hall | Aug 29, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Texas state government has acquired a pair of historic San Antonio hotels adjacent to the Alamo. The San Antonio Business Journal reports the Texas General Land Office purchased the Crockett and Menger hotels last week for an undisclosed sum. The two hotels were...
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