Omni Quality Living, a portfolio business of the Hillcore Group that operates long-term care and retirement homes in Canada, has acquired the Wildwood Care Centre in St. Mary’s, Ontario. This is the company’s second acquisition in 12 months, following the March...
Commercial real estate contributed $2.5 trillion to U.S. gross domestic product (GDP) during 2023, according to the newly released Economic Impacts of Commercial Real Estate research study by the NAIOP Research Foundation. The study determined that the combined...
JPMorgan Chase (NYSE:JPM) has announced plans to add over 500 new bank branch locations across the U.S. by 2027. According to combined media reports, the new branches will be in markets where the bank is under-represented – including Boston, Charlotte, Minneapolis,...
Peachtree Group, an Atlanta-headquartered commercial real estate investment firm, announced the closure of its third hotel property structured as a Delaware Statutory Trust (DST) with the completed acquisition of its 98-key Hilton Garden Inn in Jackson, Tennessee....
A former executive with Blackstone (NYSE:BX) is on track to raise $1 billion for a real estate-focused fund. The Wall Street Journal, sourcing its coverage from unnamed “people familiar with the matter,” reported Tyler Henritze, Blackstone’s former head of real estate...
Housing Inventory Drops by 12,093 Homes as Mortgage Rates Ease
