Condor Hospitality Trust Inc, which more than a year ago had agreed to be acquired by NexPoint Hospitality Trust, said it has terminated the deal because its suitor had failed to complete its purchase Condor, a Norfolk, Neb, company formerly known...
Commercial Real Estate Direct Staff Report Resource Real Estate has proposed merging three non-traded apartment REITs it manages, creating a portfolio of 51 properties with 14,995 units in 15 states valued at $3 billion The resulting company’s...
Commercial Real Estate Direct Staff Report Driftwood Capital, a Coral Gables, Fla, real estate company, is looking to raise $100 million of equity commitments for its latest hotel investment fund The vehicle, Driftwood Lending Partners, will...
W5 Group, a Miami Beach, Fla, family office, is pursuing student-housing investments near top-tier universities throughout the United States as many other investors are shying away from the sector The company's foray into the student-housing market...
The Chicago investment manager, formerly known as CA Ventures, is planning to invest $500 million annually in medical-office and life-sciences deals It sees demand for those properties increasing in the coming years as more medical care is taking...
Commercial Real Estate Direct Staff Report Stoneweg US, a St Petersburg, Fla, real estate investment firm, is seeking to acquire $600 million of apartment properties through its initial fund The vehicle, SW Fund I, has already made four investments,...
Apartment Investment & Management Co is planning to spin-off most of its apartment portfolio into a new vehicle, Apartment Income REIT, that will focus exclusively on owning and acquiring stabilized properties The new entity will start life with 98...
The two seasoned executives have joined forces with an Invictus Capital Partners unit to launch a small-balance alternative lender, Verus Commercial Real Estate Finance, that pursues relatively small to middle-market loans It's looking to carve out...
Rizk Ventures, an investment platform led by Thomas A Rizk, the former chief executive of Mack-Cali Realty Corp, is looking to make a big push into the self-storage sector, where property ownership remains highly fragmented It's formed a partnership...
CIM Group is merging four non-traded REITs it manages in a move that will result in a company with nearly $55 billion of assets - net-leased properties and commercial real estate debt The scale of the resulting company would put it in a better...
