MedCore Partners, in collaboration with REDICO/American House, has successfully completed the acquisition of two senior living communities located in Troy and Rochester Hills, Michigan. These communities, now branded as American House Somerset and American House Hampton Village, signify a strategic expansion of MedCore’s senior living portfolio into the Michigan market. Brian Bollich, a founding partner […]
Blue Owl Capital Inc. (“Blue Owl”) has made a significant move in the alternative asset management landscape by acquiring Prima Capital Advisors (“Prima”) for an aggregate consideration of $170 million. This strategic acquisition is set to create Blue Owl’s Real Estate Finance strategy, marking a pivotal expansion of its capital solutions suite with a new […]
Sunteck Realty Limited (SRL), a frontrunner in India’s luxury real estate sector, has significantly bolstered its annuity income business through a pivotal long-term lease agreement with Bennett, Coleman & Co Ltd for the Sunteck Icon building, marking another notable advancement in its commercial portfolio. Situated at the prime BKC Junction, Sunteck Icon encompasses a built-up […]
In a strategic move aimed at reinforcing its position in the real estate industry, Max Estates Limited has announced the induction of Mr. Anthony R. Malloy and Mr. Atul B Lall as Additional Directors (Non-Executive, Non-Independent) on its board, effective March 27, 2024. This pivotal decision highlights Max Estates’ commitment to driving growth and solidifying […]
Supermarket Income REIT plc (LSE: SUPR), a distinguished real estate investment trust specializing in grocery property across the UK, has recently expanded its portfolio through the acquisition of a pivotal Tesco omnichannel supermarket located in Stoke-on-Trent, Staffordshire. The transaction, valued at £34.7 million (excluding acquisition costs), signifies a strategic enhancement to the REIT’s asset base, […]
In a significant development in the real estate investment sector, Starwood Capital Group, a prominent global private investment firm with a focus on real estate, announced its acquisition of a 10.7% equity stake in ESR Group. This structured transaction, carried out alongside ESR Co-Founders Stuart Gibson and Charles de Portes, marks a strategic move to […]
In a significant move within the real estate sector, JLL Income Property Trust, a daily NAV REIT listed on NASDAQ (ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with a portfolio equity and debt investment totaling approximately $7 billion, announced the strategic acquisition of Creekview Crossing. This class-A, 183-unit apartment community, nestled in the affluent suburb of Sherwood, OR, […]
Mahindra Lifespace Developers Limited (MLDL), a key player in the real estate and infrastructure development sector and part of the esteemed Mahindra Group, recently announced a significant land acquisition in Bengaluru, Karnataka. The company has secured 9.4 acres of prime land in the bustling locale of Whitefield, a decision poised to cater to the dynamic […]
