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Dollar Tree Acquires 170 Locations from Bankrupt 99 Cents Only Stores

Dollar Tree Acquires 170 Locations from Bankrupt 99 Cents Only Stores

by Phil Hall | May 31, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Dollar Tree Inc. (NASDAQ: DLTR) has acquired the designation rights for 170 leases of 99 Cents Only Stores across Arizona, California, Nevada, and Texas. As part of the transaction, Dollar Tree also acquired the North American intellectual property of 99 Cents Only...
Bank of America Buys Multifamily Loan Portfolio from Washington Federal Bank

Bank of America Buys Multifamily Loan Portfolio from Washington Federal Bank

by Phil Hall | May 20, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Bank of America (NYSE:BAC) is purchasing a portfolio of 2,000 commercial multifamily real estate loans from Washington Federal Bank, the wholly owned subsidiary of WaFd (NASDAQ:WAF), for $2.9 billion. In a filing with the U.S. Securities and Exchange Commission, WaFd...
JLL Acquires Data Center Services Provider

JLL Acquires Data Center Services Provider

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

Chicago-headquartered JLL (NYSE: JLL) has acquired SKAE Power Solutions, a New York City-based provider of data center technical and project management services. According to the companies, the acquisition of SKAE will enable JLL to provide solutions across the full...
Real Estate Developer Frank McCourt Leads ‘People’s Bid’ to Acquire TikTok

Real Estate Developer Frank McCourt Leads ‘People’s Bid’ to Acquire TikTok

by Phil Hall | May 15, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Real estate developer and philanthropist Frank McCourt announced he is organizing a bid to acquire the TikTok social media platform. McCourt, who is executive chairman of McCourt Global and a former owner and chairman of the Los Angeles Dodgers and Dodger Stadium from...
EasyKnock Acquires Home Equity Investment Firm HomePace

EasyKnock Acquires Home Equity Investment Firm HomePace

by Phil Hall | May 14, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

EasyKnock, the New York City-headquartered home equity solutions platform, has acquired the assets of the home equity investment firm HomePace. The founding team of HomePace will be joining EasyKnock; executive announcements will be made soon. Terms of the deal were...
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