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Cologix completes 15MW data center in Toronto, Canada
“CIM Group believes that data centers are critical infrastructure assets. We are focused on growing our investment in state-of-the-art data centers throughout North America that accommodate the latest and future technologies,” said Avi Shemesh, co-founder and principal, CIM Group.
ExchangeRight Investors Fully Subscribe All-Cash Essential Grocery DST
The offering’s property is located in Uniondale, NY, featuring a 5-mile population of over 550,000 in an infill location on Long Island, NY, with limited developable land and significant development restrictions.
GTIS Partners expands $1 billion industrial portfolio with acquisition of land for development of a warehouse in Dallas
“We are excited to announce the acquisition of this property in the highly desirable DFW Airport submarket…”
MacKenzie Capital Announces Tender Offer To BREIT Investors At 38% Discount
MacKenzie Capital Management is offering shareholders of Blackstone Real Estate Income Trust $9.27 per share, which the company says represents a 38% discount to BREIT’s estimated net asset value of $14.88 per share…
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Leitbox Storage Partners Announces Full-Cycle Storage Disposition of its Columbus, OH facility
Leitbox Storage Partners Announces Full-Cycle Storage Disposition of Its Columbus, OH Facility July 28, 2021 | Leitbox Storage Partners BIRMINGHAM, AL – July 28, 2021 –...
Fifth-largest mall landlord in the US gives up on shopping centres
Fifth-largest mall landlord in the US gives up on shopping centres Price index of US retail properties drops 18% amid e-commerce, lockdowns July 15, 2021 | The Business...
Which nontraded Closed-End Fund had raised approximately $747 million with 2,457 loans in its portfolio as of March 31, 2021?
Which nontraded Closed-End Fund had raised approximately $747 million with 2,457 loans in its portfolio as of March 31, 2021? Answer: As of March 31, 2021, Priority Income...
Blackstone expects to approach $200B of inflows in 2021
Blackstone expects to approach $200B of inflows in 2021 July 22, 2021 | Madeleine Farman | S&P Global Market Intelligence The Blackstone Group Inc. expects it will near...
Sila Realty Trust, Inc. Announces Closing of Sale of 29-Property Data Center Portfolio to Mapletree Industrial Trust, Increased Per Share NAV, and Special Cash Distribution to Stockholders
Sila Realty Trust, Inc. Announces Closing of Sale of 29-Property Data Center Portfolio to Mapletree Industrial Trust, Increased Per Share NAV, and Special Cash Distribution...
Single-Family Rents Climbed at 6.6% Pace in May, CoreLogic Says
Single-Family Rents Climbed at 6.6% Pace in May, CoreLogic Says July 21, 2021 | Ben Holland | Bloomberg Single-family home rental prices in the U.S. jumped 6.6% in May from...
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Griffin Acquires Large Shaw Asset, Replaces DreamWorks Disposition
On May 7, Griffin Capital Essential Asset REIT, Inc. announced its acquisition of the Shaw Distribution Center – Northport Building C located in Savannah, Georgia for $56.5 million.
Resource Income Opportunity REIT to Liquidate
In an 8-K filed May 8, Resource Income Opportunity REIT, Inc. (the “Company”) terminated its offering of up to $1.1 billion in shares of common stock, par value $0.01 per share, to be sold pursuant to its public primary offering and distribution reinvestment plan.
Significant Carter Validus Mission Critical REIT Tenant Declares Bankruptcy
On May 4, 2018, Bay Area Regional Medical Center, LLC (“Bay Area”), a tenant of Carter Validus Mission Critical REIT, Inc. (“the Company”) announced in a press release that it is closing its operations on May 10, 2018, and filing for bankruptcy in the near term.
Black Creek Group Names Raj Dhanda as First CEO
Black Creek Group, a Denver-based real estate investment management firm with approximately $7.9 billion in US assets under management, announced the appointment of Raj Dhanda as its first chief executive officer.
Strategic Student & Senior Housing Trust, Inc. IPO Declared Effective
Strategic Student & Senior Housing Trust Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management LLC, announced that its initial public offering of approximately $1.1 billion in shares of common stock was declared effective by the SEC on May 1, 2018.
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