Maryland-based Global Medical REIT (GMRE) has wrapped up its $94 million acquisition of four inpatient rehabilitation facilities from CNL Healthcare Properties’ affiliates. The acquired inpatient rehabilitation facilities put together comprises 207,204sft of space and under long-term triple-net leases is leased to major healthcare providers. As of now, all four leases have a weighted average remaining […]
US homebuilder KB Home has inaugurated Countryside, its latest project of new single-family homes in Ontario Ranch, California. The new neighborhood, Countryside is in close proximity to Interstates 15 and 10, Highway 60, Metrolink stations and Ontario International Airport. According to KB Home, the Countryside project will have 52 one- and two-story homes with three […]
Tata Housing Development Company, a subsidiary of Tata Sons, has unveiled UberLuxe Apartments at the Tata Primanti housing complex in Gururgram, India as per the latest Indian real estate news. According to the construction industry news, the UberLuxe Apartments feature spacious 4BHK residences in low-rise and mid-rise buildings with one apartment on each floor. Spread […]
Montecito Medical Real Estate, a US medical office real estate company has acquired three medical office buildings and a medical office condominium located in Richmond, Virginia, for an undisclosed price. The four properties acquired by the medical office real estate company are Boulders Medical Office Building, Memorial Regional Building, Johnston Willis Medical Office Building, and Prince […]
Real estate industry news : US real estate company PREP Property Group has acquired a Tires Plus outparcel in Plainfield, Indiana for an undisclosed price. The acquired 6,832ft2 Tires Plus outparcel, located on just under one acre directly off Indiana US-40, is the latest project to come under the PREP Net Lease division portfolio. Tires […]
Indian real estate industry news : PS Group, a Kolkata real estate developer has launched Amistad – a three tower residential project in Rajarhat, Kolkata, comprising 242 flats. Named as the Best Upcoming Mid-segment Residential project of the Year during the Credai Bengal Realty Awards 2018, Amistad Rajarhat has double and triple bedroom homes with […]
Renaissance Centro, a US real estate company has announced a new 20-story luxury condominium building named Monarch in Tysons, Virginia. The new luxury condominium building will be steps away from The Galleria at Tysons II, the Metro Silver Line and The Ritz Carlton Hotel, and will be located at 7919 Westpark Dr. Renaissance Centro says […]
Florida real estate news : Monmouth Real Estate Investment has acquired a brand new 399,440 square foot industrial building in Daytona Beach in Florida for about $30.7 million. Built on nearly 27.5 acres, the industrial building at 1341 N. Clyde Morris Boulevard has been net-leased for 10 years to Pennsylvania-based medical device company B. Braun […]
Indian real estate company Tata Housing has launched an ultra luxury residence project under the name Vertillas at Primanti, a premium residential development located in Sector 72 in the north Indian city of Gurugram. Vertillas, which is claimed to be themed on intelligent design by Tata Housing, is a two storey development that features five […]