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Chartwell Retirement Residents Acquires 3 British Columbia Properties for $226.9 Million

Chartwell Retirement Residents Acquires 3 British Columbia Properties for $226.9 Million

by Phil Hall | Aug 30, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Chartwell Retirement Residences (TSX: CSH.UN) (OTCMKTS: CWSRF), Canada’s largest provider of senior housing, has acquired three retirement residences on Vancouver Island for an aggregate purchase price of $226.9 million. The three properties have a combined total 384...
Worth Clark Realty Acquires Texas Brokerage

Worth Clark Realty Acquires Texas Brokerage

by Phil Hall | Aug 28, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Worth Clark Realty announced its acquisition of South Estates Realty, a brokerage based in the Dallas-Fort Worth area. South Estates Realty recorded $54 million in sales volume and 157 transactions in 2023. The financial terms of the deal were not disclosed, and the...
Community Preservation Partners Acquires San Diego-Area Affordable Housing Complex

Community Preservation Partners Acquires San Diego-Area Affordable Housing Complex

by Phil Hall | Aug 28, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Community Preservation Partners (CCP), an affordable housing preservation developer, has announced its acquisition and planned renovation of Lexington Green Apartments, an affordable housing complex in El Cajon, Calif. CPP’s total development investment is...
Hyatt Acquires Standard International and Hotel Brands

Hyatt Acquires Standard International and Hotel Brands

by Phil Hall | Aug 21, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Hyatt Hotels Corporation (NYSE: H) announced the planned acquisition of Standard International, parent company of The Standard and Bunkhouse Hotels brands. Upon closing, Hyatt will pay a base purchase price of $150 million, with up to an additional $185 million over...
Manufactured Housing Producer Franklin Homes Acquired by Private Equity Firm

Manufactured Housing Producer Franklin Homes Acquired by Private Equity Firm

by Phil Hall | Aug 21, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The private equity firm Silver Canyon Group has acquired Franklin Homes, the Russellville, Alabama-based producer of manufactured housing, modular residential, and multifamily buildings. The financial terms of the acquisition were not disclosed. Franklin Homes was...
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