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TOLEDO, OH—The $555-million joint venture between Welltower and the Canada Pension Plan Investment Board marks CPPIB's entry into the US seniors housing sector.
MELVILLE, NY—Industrial rents on Long Island are expected to rise once again this year caused by the combination of adaptive reuse of industrial product on Long Island to residential use as well as a migration of Brooklyn and Queens firms to Long Island industrial properties.
IRVINE, CA—Markets like Houston and Oklahoma City are seeing purchase originations decrease by double-digit percentages both annually and quarterly, RealtyTrac's Daren Blomquist says.
CHICAGO—Many of the prospective residents in the student housing sector, and their parents, are savvy shoppers and successful operators will pay close attention to the details, said a panel of CEOs.
SCOTTSDALE/TUCSON, AZ—Capital Asset Management has announced the sale of the Plaza Leyenda class-A office/medical complex in the latest wrap-up of deals.