Brookfield Asset Management (NYSE: BAM, TSX: BAM) announced the completion of its $1.2 billion all-cash acquisition of Peakstone Realty Trust (NYSE: PKST). El Segundo, California-based Peakstone offers a portfolio of more than 70 industrial assets, including...
Invesco Mortgage Capital Inc. (NYSE: IVR), an Atlanta-headquartered real estate investment trust focused on mortgage-backed securities and other mortgage-related assets, announced that President Kevin Collins will assume the role of CEO, effective May 1. Collins will...
Ares Management Corporation (NYSE: ARES), a New York City-based global alternative investment manager, announced that certain Ares Real Estate funds are acquiring all commons shares and operating partnership units of Houston-headquartered Whitestone REIT (NYSE: WSR)...
Kite Realty Group (NYSE: KRG), an Indianapolis-headquartered real estate investment trust focused on open-air shopping centers and mixed-use destinations, has promoted Heath R. Fear from executive vice president and chief financial officer to president and chief...
JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX), has acquired West Boston Medical Center, a medical outpatient complex located in the Greater Boston suburb of Watertown, Massachusetts, for approximately $32 million. The property...