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LOS ANGELES—The value-add investor buys a 391-unit multifamily portfolio in Thousand Oaks, where new development is nil and the opportunity to push rents is high.
INDIANAPOLIS—The company is already one of the largest heath care real estate companies in the Midwest, with almost 4 million square feet under management and leasing.
LOS ANGELES—Thorofare Capital hits $54 million in bridge lending only four months after launching its recent fund, but the success is driven by their professional relationships, not an increased appetite for short-term financing.
NEW YORK CITY—Activist shareholder Jonathan Litt has called on the lodging REIT to pursue a “value-enhancing strategy” that could include a sale of “a sale of all or part of the company.”
EDINBURG, TX—Domus Development will break ground in May 2016 for Legends Edinburg, which will bring 566 beds to the University of Texas Rio Grande Valley's Edinburg campus.
AUSTIN, TX—Shareholder Carl Berg says that Capretta Properties' offer for substantially all of Stratus' real estate “appears to have significant merit.”
IRVING, TX—The decision to maintain the corporate headquarters at One Panorama Center came after MultiView got a competitive extension structure for the 109,610-square-foot lease and pledges for significant upgrades at the property.
IRVING, TX—The decision to maintain the corporate headquarters at One Panorama Center came after MultiView got a competitive extension structure for the 109,610-square-foot lease and pledges for significant upgrades at the property.