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Prudent Growth Partners Buys Florida Shopping Center for $8 Million

Prudent Growth Partners Buys Florida Shopping Center for $8 Million

by Phil Hall | Jul 23, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The private equity real estate firm Prudent Growth Partners LLC has completed its $8 million purchase of the Village Shoppes of Destin, a 28,834-square-foot multi-tenant shopping center located in Destin, Florida. Built in 2007, the property is located within a retail...
Investment Firm Stonepeak Acquires New Zealand Retirement Village Operator

Investment Firm Stonepeak Acquires New Zealand Retirement Village Operator

by Phil Hall | Jul 22, 2024 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Stonepeak, a New York City-based alternative investment firm specializing in infrastructure and real assets, is acquiring Arvida Group Limited, one of New Zealand’s largest retirement and aged care providers, in an all-cash transaction valued at approximately $1.25...
Icon Parking, NYC’s Largest Parking Company, is Acquired

Icon Parking, NYC’s Largest Parking Company, is Acquired

by Phil Hall | Jul 22, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Icon Parking, New York City’s largest parking company, has been acquired by a partnering of The Broe Group, a private investment firm, and Hudson Valley Parking Trust. Founded in 1947, Icon Parking is the largest minority-owned parking management, operating and...
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...
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