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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, Current News & 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, Current News & 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...
CAPREIT Acquires 2 Apartment Communities in Maryland

CAPREIT Acquires 2 Apartment Communities in Maryland

by Phil Hall | Apr 23, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

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...
Faropoint Acquires Second California Industrial Property

Faropoint Acquires Second California Industrial Property

by Phil Hall | Apr 21, 2025 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

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 Acquires Rhode Island Apartment Community for $57 Million

The BLVD Group Acquires Rhode Island Apartment Community for $57 Million

by Phil Hall | Apr 21, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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....
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