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...
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...
Vornado Realty Trust (NYSE: VNO) has announced its $218 million acquisition of the 623 Fifth Avenue office condominium in Midtown Manhattan. The 36-story, 382,500-rentable-square-foot building is based directly above the flagship Saks Fifth Avenue department store and...
The Dillard’s (NYSE: DDS) department store chain has purchased the Dallas-area Longview Mall for $34 million, according to a Wall Street Journal report sourced from an unnamed “person familiar with the matter.” It is rare for chain store retailers to buy an entire...
Dream Residential Real Estate Investment Trust (TSX: DRR.U, DRR.UN) is being acquired by an affiliate of Morgan Properties LP in an all-cash transaction valued at approximately $354 million. Toronto-headquartered Dream Residential REIT owns a portfolio of garden-style...
Altisource’s Foreclosure Auction Inventory Surges as Service Revenue …
