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TurboTenant Acquires Azibo

TurboTenant Acquires Azibo

by Phil Hall | May 6, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

TurboTenant, the rental property management software provider, has acquired Azibo, a financial services platform for rental properties. As part of the acquisition, Azibo users will gain access to TurboTenant’s platform and the Azibo technology will continue to support...
Amazon Acquires 23-Story Manhattan Office Property

Amazon Acquires 23-Story Manhattan Office Property

by Phil Hall | May 5, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Amazon Inc. (NASDAQ: AMZN) has expanded its New York City real estate portfolio by acquiring a 23-story Manhattan office building. According to combined media reports, the 600,000-square-foot property at the corner of Fifth Avenue and 44th Street was constructed in...
Burlington to Acquire 45 Store Locations from Bankrupt Retailer Jo-Ann

Burlington to Acquire 45 Store Locations from Bankrupt Retailer Jo-Ann

by Phil Hall | May 5, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The retailer Burlington Stores Inc. (NYSE: BURL) has signed a deal to take over the leases of 45 store locations that formerly housed the bankrupt craft company Jo-Ann. Burlington’s acquisition follows an expansion strategy by the company that saw the opening of 101...
Marriott Acquires CitizenM Hotel Brand for $355 Million

Marriott Acquires CitizenM Hotel Brand for $355 Million

by Phil Hall | Apr 28, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Marriott International (NASDAQ: MAR) has acquired the hotel brand CitizenM for $355 million. According to the companies, the CitizenM global portfolio encompasses 36 open hotels comprising 8,544 rooms across more than 20 cities in the US, Europe and Asia Pacific,...
Dynamic City Capital Expands into Luxury Spa Resort Market

Dynamic City Capital Expands into Luxury Spa Resort Market

by Phil Hall | Apr 23, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Dynamic City Capital (DCC), a Utah-based real estate investment firm specializing in premium-branded hotels, has acquired The Wilde Resort and Spa in Sedona, Arizona. The acquisition marks DCC’s expansion into the luxury spa resort market. The property features...
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