Northeast

The company will own a total of 12 UK hospital facilities upon the transaction, which is expected to close in the third quarter of 2019.

The management company's first OZ fund— Opportunity Zone Fund I—has a target to raise $10 million from inventors and is set to launch in late 2019. The firm hopes to secure its first acquisition in January 2020.

Stephanie Wiggins has more than 30 years of experience in the multifamily finance industry.

In the turbulent bricks and mortar retail sector, PREIT has replaced 13 department stores in three years in a core portfolio of 18 properties.

Mallory & Evans and Ozone Capital will build and invest in an Opportunity Zone, which will likely stimulate the local economy.

With the merger deal, Westward360, which provides real estate management services for rental property owners and community associations, will now be known as W360 and will employ more than 200 employees in Chicago.

Financiers activate programs which directly correlate to tangible financial benefits while improving the asset's performance.

Under the Community Development Financial Institution initiative, the NJEDA will make up to $15 million available to CDFIs to expand their capacity to provide financing to New Jersey small businesses. Applications for the program are expected to be available in September 2019.