Blue Owl Capital (NYSE: OWL), an alternative asset management firm headquartered in New York City, is reportedly planning to launch a publicly traded real estate investment trust (REIT) focused on data centers. According to a Bloomberg report sourced from unnamed...
TPG Mortgage Investment Trust Inc. (NYSE: MITT), a residential mortgage REIT, is acquiring Cherry Hill Mortgage Investment Corp. (NYSE: CHMI), also a residential mortgage REIT, for $117.5 million. In connection with the transaction, holders of Cherry Hill common stock...
The Securities and Exchange Commission (SEC) has filed charges against RAD Diversified REIT Inc. (RADD), a Tampa-based real estate investment trust, and its founders Brandon “Dutch” Mendenhall and Amy Vaughn, accusing them of raising at least $152 million from more...
Brookfield Asset Management (NYSE: BAM, TSX: BAM) has partnered with the Canada Pension Plan Investment Board to acquire LXP Industrial Trust (NYSE: LXP), a real estate investment trust focused on Class A warehouse and distribution investments in 12 markets across the...
PRO Real Estate Investment Trust (PROREIT) (TSX: PRV.UN) has completed its $136.8 million acquisition of two industrial portfolios located in Quebec City, Quebec and Winnipeg, Manitoba. The Quebec City portfolio comprises 13 industrial properties totaling 611,924...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
