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Heritage Affordable Communities Acquires 242 LIHTC Units in the Bronx

Heritage Affordable Communities Acquires 242 LIHTC Units in the Bronx

by Phil Hall | Oct 10, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Heritage Affordable Communities, a real estate development and preservation company specializing in the affordable housing sector, has acquired 242 Low-Income Housing Tax Credit (LIHTC) units spread across three buildings located in the Bronx, New York. According to...
MCB Real Estate Renews Acquisition Bid of Whitestone REIT

MCB Real Estate Renews Acquisition Bid of Whitestone REIT

by Phil Hall | Oct 9, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

MCB Real Estate, a Baltimore-headquartered commercial real estate developer and investment management firm, has made a renewed attempt to acquire Whitestone REIT (NYSE: WSR) with a revised proposal. Under its latest offering, MCB would provide Whitestone shareholders...
Athena Real Estate Acquires First Pennsylvania Property

Athena Real Estate Acquires First Pennsylvania Property

by Phil Hall | Oct 8, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Athena Real Estate LLC, an Orlando-headquartered real estate investment firm, has acquired its first Pennsylvania property with the purchase of Waterside Campground & RV Park in Lewiston. The 234-site RV park stretches encompasses 167 acres with expansion...
Capital Square Acquires Georgia Build-for-Rent Community

Capital Square Acquires Georgia Build-for-Rent Community

by Phil Hall | Oct 8, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Capital Square has acquired Valley Ridge, a newly constructed, 129-unit build-for-rent (BFR) community in Rossville, Georgia, a suburb of Chattanooga, Tennessee. The community was acquired on behalf of CS1031 Valley Ridge BFR Housing DST, a newly launched Delaware...
Ares Management Corporation to Acquire GCP International

Ares Management Corporation to Acquire GCP International

by Phil Hall | Oct 8, 2024 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate Investing, Real Estate News, WRE News Exclusive

Ares Management Corporation (NYSE: ARES) announced it will acquire the GCP International, the global business of GLP Capital Partners Limited, for approximately $1.8 billion in cash and approximately $1.9 billion in Ares Class A Common Shares. According to the...
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