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Industrial Logistics Properties Trust Launches $680M JV with Asian Investor
The unnamed Asian investor will contribute approximately $108 million for a 39% equity interest in the joint venture and ILPT will own the remaining 61% equity interest in the joint venture.
Pier 1 Files for Chapter 11 Bankruptcy
The company is in talks with several potential buyers that could acquire the retailer out of bankruptcy.
NJHMFA Opens 2020 Competition for Federal 9% Low Income Housing Tax Credits
The agency estimates the tax credit awards will generate approximately $230 million in private equity that will create about 1,200 affordable rental apartments in the Garden State.
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