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StratCap Acquires Jacksonville Data Center

StratCap Acquires Jacksonville Data Center

StratCap’s data center real estate division, StratCap Data Centers, announced today that it completed the acquisition of a triple net leased data center in Jacksonville, FL....

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KBS Strategic Opportunity REIT II buys Silicon Valley office building

May 24, 2016 | By Eamon Murphy | The PE Hub Network Real estate trust KBS Strategic Opportunity REIT II acquired Lincoln Court, a three-story office building in Campbell, California, for $51.5 million. KBS Capital Advisors, external advisor to KBS Real Estate...

Steadfast Apartment REIT III Acquires First Asset for $7.6 Million

May 24 2016 | Article by: The DI Wire Steadfast Apartment REIT III Inc., a publicly registered non-traded real estate investment trust, purchased its first community, Carriage House Apartments, a 136-unit complex in the Chicago suburb of Gurnee, Illinois for $7.6...

Colorado company buys I-78 warehouse for $27.5 million

May 23, 2016 | By The Morning Call Staff | The Morning Call WEISENBERG TOWNSHIP — A prominent warehouse facility off Interstate 78 in Lehigh County has changed ownership. Industrial Property Trust Inc. of Denver has acquired 9747 Commerce Circle in Weisenberg...

RCS Capital, parent of Cetera, has bankruptcy plan confirmed

May 19 2016, 3:51pm EDT | By Ann Marsh | Financial Planning A federal judge has confirmed the bankruptcy plan for RCS Capital, Cetera Financial Group’s parent, clearing the way for RCS to emerge from Chapter 11 bankruptcy protection in the near future. “All...

Ritz-Carlton Philadelphia changes owner

May 19, 2015 Carey Watermark Investors Incorporated (CWI) announced that it has acquired a majority interest in the 299-room Ritz-Carlton Philadelphia (The Ritz-Carlton) in a joint venture with Philadelphia Hospitality Partners, LP, the owner of the property. Historic...

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