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Hamilton Point Investments Buys 4-Property Houston Apartment Portfolio for $195 Million

Hamilton Point Investments Buys 4-Property Houston Apartment Portfolio for $195 Million

by Phil Hall | Jul 5, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

Hamilton Point Investments (HPI), a real estate private equity firm, has acquired a four-property Houston apartment portfolio for $195 million. The portfolio encompasses 1,174 apartment units in properties which were built in 2022. The properties were purchased from a...
Saks Fifth Avenue Parent Buys Neiman Marcus for $2.65 Billion

Saks Fifth Avenue Parent Buys Neiman Marcus for $2.65 Billion

by Phil Hall | Jul 5, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

HBC, the parent company of Saks Fifth Avenue, announced its $2.65 billion acquisition of Neiman Marcus Group (NMG), the parent company of Neiman Marcus and Bergdorf Goodman. At the completion of the transaction, HBC will establish Saks Global, which will encompass the...
Morgan Properties Acquires 11-Multifamily Property Portfolio Across Pennsylvania

Morgan Properties Acquires 11-Multifamily Property Portfolio Across Pennsylvania

by Phil Hall | Jul 1, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

The multifamily community owner Morgan Properties has acquired a portfolio of 11 multifamily properties throughout Pennsylvania from the original developer and owner, The DePaul Management Company. The acquisition encompasses 3,434 units in the suburbs of Philadelphia...
The Milestone Group Purchases Florida Multifamily Community

The Milestone Group Purchases Florida Multifamily Community

by Phil Hall | Jun 27, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Milestone Group, a real estate investment management firm focused on multifamily assets, has acquired the Axis Delray Beach Apartments, a 488-unit, garden-style community in Delray Beach, Florida. Axis Delray Beach features one-, two-, and three-bedroom garden and...
Private Equity Firm KKR Acquires 18 Multifamily Properties for $2.1 Billion

Private Equity Firm KKR Acquires 18 Multifamily Properties for $2.1 Billion

by Phil Hall | Jun 25, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The New York City-based private-equity firm KKR (NYSE: KKR) has acquired a portfolio of 18 multifamily properties across multiple states for $2.1 billion. The Wall Street Journal reported the acquisition encompasses more than 5,200 apartment units in newly built mid-...
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