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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...
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...
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