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The availability of oceanfront land in South Florida right now is extremely limited," said Dustin Salzano, CFO of U.S. Construction.
When the deal is complete, VICI will have an estimated enterprise value of $45 billion.
Starwood is encouraging Monmouth Shareholders to vote against the merger.
The administration focuses on high infection levels, hoping that will pass muster.
KKR Real Estate Select Trust has acquired HQ @ First, a 603,000-square-foot office campus fully leased to an investment-grade tenant.
MSCI is acquiring the data provider to expand its suite of real estate solutions.
Several assets are expected to close in 2021 across top US markets.
The portfolio is 98% occupied and 100% triple-net leased to hospitals and physician groups.
The company's second fund will target high-net-worth individuals and a 10% diverse investor goal.
High home prices have helped to fuel activity and demand in Oceanside's multifamily market.