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Why NYX Capital Sold Its $310M Self-storage Portfolio: President and CEO Yashar Fatehi Cites Economy, Market Conditions for Timing of Sale
After making Canada’s largest self-storage portfolio sale thus far in 2023, the CEO of NYX Capital Corp. says his company is not completely exiting the sector. NYX, a Toronto-based private equity real estate investment firm with over $1 billion assets under management, sold its $310-million self-storage portfolio last month. The income-producing properties were sold to Ladera Ranch, Calif.-based SmartStop Self Storage REIT – a $300-million acquisition of eight Ontario properties.
Shopoff Realty Investments and Urban Pacific Create Joint Venture Partnership to Develop Urban Town Homes
Shopoff Realty Investments (“Shopoff”), and The Urban Pacific Group of Companies have created a joint venture partnership to further advance Urban Pacific’s “Urban Town House” (UTH) build-for-rent, multi-generational housing concept.
Homes Are Selling for Near-Record Highs as Supply Falls to New Low, Demand Picks Up
A record low number of homes for sale combined with an uptick in homebuyer demand propped up housing prices in June, even as elevated mortgage rates kept many buyers on the sidelines. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The median U.S. home sale price was $426,056 in June, just 1.5% ($6,341) below the all-time high of $432,397 set in May 2022…
StratCap Acquires Approximately $90 Million in Digital Infrastructure Assets
“The ongoing deployment of 5G networks and continuous increases in mobile data usage are catalyzing both growth and investor appetite in what we believe is a very resilient sector.”
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Which listed REIT sold $28.2 million in nontraded preferred stock in October 2020?
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Strategic Storage Trust IV Opens Second Newly Constructed Facility in Greater Toronto Area
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Corporate Property Associates 18 – Global Announces $8.55 Estimated NAV
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ExchangeRight Surpasses $3 Billion in Assets Under Management and Hits 100 Consecutive Months of Uninterrupted Distributions Meeting or Exceeding Cash Flow Targets
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Brian Mitts: Who is NexPoint Group?
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Yardi Matrix: Dominating Dallas
Yardi Matrix: Dominating Dallas March 28, 2017| by Bogdan Odagescu | Commercial Property Executive Hitting new cyclical peaks across most metrics, DFW continues to be one of the strongest multifamily markets in the U.S. Hitting new cyclical peaks across most metrics,...
What do PIMCO, Invesco, BlackRock, Principal, Blackstone and Apollo have in common?
What do PIMCO, Invesco, BlackRock, Principal, Blackstone and Apollo have in common? Answer: They all currently have registered either a nontraded CEF or interval fund. Learn more about Blue Vault’s Interval Fund and Nontraded CEF research Click...
Fiduciary Floodgates Open Again: 1,100 DOL Comments So Far
Fiduciary Floodgates Open Again: 1,100 DOL Comments So Far March 28, 2017 | by Scott Martin | Trust Advisor The Labor Department has reopened its official feedback channels to see what the industry has to say about delaying or entirely rescinding its controversial...
Chase Park Plaza Hotel to be sold
Chase Park Plaza Hotel to be sold March 23, 2017 | by Jacob Barker | St. Louis Post-Dispatch The iconic Chase Park Plaza in St. Louis’ Central West End could soon be under new ownership. The Dallas real estate investment trust that owns the hotel, Behringer Harvard...
Inland Securities Hires Sarita Vishakanta as Vice President of Broker-Dealer Relations
Inland Securities Hires Sarita Vishakanta as Vice President of Broker-Dealer Relations March 24, 2017 | by The DI Wire Inland Securities Corporation has hired Sarita Vishakanta as the company’s vice president of broker-dealer relations. According to the company, in...
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