Highcap sells bankrupt Modell’s Flushing store for $67M
A team from Highcap Group has sold a Flushing retail property on behalf of bankrupt Modell’s for $67 million. Charles Chang, associate broker alongside co-founders,...
Tag : RBC Capital Markets
Oaktree throws beleaguered Ashford Hospitality a $350M lifeline
Hotel REIT Ashford Hospitality Trust has been thrown a $350 million lifeline by Brookfield-owned Oaktree Capital. The company announced that is has secured a $200...
Blackstone buying Brookfield self storage firm for $1.2B
Blackstone Real Estate Income Trust (BREIT) announced it will acquire Simply Self Storage from a Brookfield Asset Management real estate fund for $1.2 billion. Simply...
Ares, Pretium make $2.4B push into single family rental sector
Global alternative investment giants Ares and Pretium have acquired the single-family rental platform Front Yard Residential for $2.4 billion. Pretium announced the all-cash deal with...
Nuveen invests $400M in single family rental platform
Nuveen Real Estate, one of the world’s largest real estate investment managers, announced that it will invest up to $400 million through Sparrow, a newly...