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The property prior to the sale, entered into a 10-year, 340-bed master lease with Columbia College in August. Greystar reports that the remaining 48 beds are fully leased for the 2019/2020 academic year.

The 7.2 MW-rated solar installation at Iron Mountain's data center in Edison (NJE-1) is forecast to generate more than 9 Million KWhrs per year, which is enough electricity to power more than 1,000 homes for a year.

The added expertise will go to strategizing opportunities and expanding customer focus in loan sales advisory.

The combined company will create Watermark Lodging Trust, which will have 33 lodging assets.

The two parties expect to reach a definitive agreement on the deal before the end of the year. CarePoint Health has initiated a separate process seeking a strategic partner for its third operating hospital—Bayonne Medical Center.

Statewide closed sales of existing single-family homes totaled 23,510 last month, an increase of 11.5% from September 2018, according to Florida Realtors. Florida's condo-townhouse market totaled 9,007, up 6.1% compared to a year ago.

The buyer plans a three-building, 220-unit independent senior living facility east of Interstate 95.

The newly created position is expected to assist the firm in nearly tripling its portfolio value to $30 billion by 2024.