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 (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...
CAPREIT has acquired two apartment communities in Waldorf, Maryland, featuring a combined 360 homes. The workforce-housing communities, the 152-unit Palmer Apartments and 208-unit Smallwood Gardens, are adjacent to one another. The financial aspects of the purchase...
Hoboken, New Jersey-based Faropoint, a real estate investment manager specializing in last-mile industrial properties, announced the acquisition of a four-building, multi-tenant industrial portfolio in Ontario, California. Built in 2006 by Panattoni Development, the...
The BLVD Group, a developer and owner of affordable housing, announced its $57 million acquisition and planned renovation of Rock Ridge Apartments, a 152‑unit community in Woonsocket, Rhode Island. The company said it would create 30 new affordable units at the site....