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NHP Foundation Acquires Historic Section 8 Property in Massachusetts

NHP Foundation Acquires Historic Section 8 Property in Massachusetts

by Phil Hall | Jul 18, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

NHP Foundation, a provider of quality affordable housing, has acquired New Port Antonio, a historic Section 8 property in Roxbury, Massachusetts. This acquisition is one of the largest transactions by the foundation and was financed through the assumption of an...
Japanese Firm Acquires Majority Stake in Utah’s Visionary Homes

Japanese Firm Acquires Majority Stake in Utah’s Visionary Homes

by Phil Hall | Jul 18, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Misawa Homes America Inc. (MHAM), a wholly owned subsidiary of Japan’s Misawa Homes Co., has acquired a 51% stake in the Utah-based homebuilder Visionary Homes. Visionary Homes was founded in 2004 and has 30 active Utah communities focused on both first-time and...
Macy’s Ends Acquisition Talks with Activist Investor Groups

Macy’s Ends Acquisition Talks with Activist Investor Groups

by Phil Hall | Jul 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Macy’s Inc. (NYSE: M) announced it has ended acquisition discussions with the activist investors Arkhouse Management Co. LP and Brigade Capital Management LP, citing a failure by the would-be suitors to offer “an actionable proposal with certainty of financing at a...
KKR Acquires Houston Industrial Logistics Park for $234 Million

KKR Acquires Houston Industrial Logistics Park for $234 Million

by Phil Hall | Jul 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The global investment firm KKR (NYSE:KKR) has acquired Park 8Ninety, a 12-building industrial logistics park in Houston, from Artis Real Estate Investment Trust (OTCMKTS: ARESF) for approximately $234 million. The acquired property is a 1.8 million-square-foot master...
Finmarc Management Buys Maryland Shopping Center for $30 Million

Finmarc Management Buys Maryland Shopping Center for $30 Million

by Phil Hall | Jul 12, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Finmarc Management Inc., a commercial real estate investment and management firm headquartered in Bethesda, Maryland, has acquired Riverview Plaza, a 185,275-square-foot shopping center in Frederick, Maryland, for $30 million. Riverview Plaza opened in 1998 and is...
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