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High Desert is no longer considered a secondary market due to Inland Empire absorption and scarcity of development opportunities in the “near to port” locations, Stirling's Gordon Cope tells GlobeSt.com.
The planned IPO for Aspen REIT, backed by the St. Regis Aspen Resort, will provide individual investors with “liquidity optionality for a single-asset investment,” says CEO Stephane De Baets.
SIGNA Prime Holding is acquiring RFR's 50% share of the Karstadt at the Munich Main Train Station project, along with four other assets in Germany's largest cities.
Company officials say several recent purchases will help ensure long-term affordability in an area that has seen a significant increase in the cost of living.