News

The REIT has acquired ten properties for $31.7 million under the previously-announced deal.

The REIT has now sold 22 non-core assets for $1 billion since its spin off from Hilton.

This has been a prolific year for Safehold, which has closed numerous deals in New York City.

Newmark Knight Frank arranged the financing for the redeveloped property that was provided by Apollo Global Management and RCG Longview, a CenterSquare Co.

Chewy will be located in a facility in the Valley View Business Park, a mixed-use business park, part of a 1,300-acre development project, developed by The Greater Scranton Chamber of Commerce.

The 30 acute care hospital facilities are leased under long-term net leases to affiliates of BMI Healthcare.

The law firm will relocate its operations currently housed at 222 South Riverside to the entire 15th floor at 300 S. Wacker. Its lease term at the office tower begins in September 2020.

The annual 9% federal Low-Income Housing Tax Credits are expected to generate $214.7 million in private investment to create 17 projects totaling nearly $325 million in total development investment.