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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...
RBC Retrofits Canadian Branch Network to Reduce Carbon Emissions

RBC Retrofits Canadian Branch Network to Reduce Carbon Emissions

by Phil Hall | Jul 19, 2024 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Royal Bank of Canada (RBC) (NYSE:RY) has launched a multi-million-dollar plan to retrofit its Canadian network of 1,200 branches, with the goal of eliminating 10,000 tons of onsite carbon emissions from its operational footprint. In the first phase of this endeavor,...
Natalie Cheney Named CEO at House Analytics

Natalie Cheney Named CEO at House Analytics

by Phil Hall | Jul 19, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

House Analytics, an Atlanta-headquartered provider of commercial real estate analytics solutions, has named Natalie Cheney as its new CEO. Cheney was previously CEO of MemberSuite Inc., having previously served as the company’s chief operating officer and chief...
California Leads the Nation with Commercial Property Foreclosures

California Leads the Nation with Commercial Property Foreclosures

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

California led the nation with the highest number of commercial property foreclosures in June, according to new data from ATTOM. The state’s 214 commercial foreclosures last month represented a 10% decline from May but was also a 289% increase from June 2023. June’s...
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