Weingarten Realty Investors: Kimco Realty Buys Rival Weingarten Realty Investors For $3.87 Billion, Real Estate News, Et Realestate
The deal will create a company with 559 open-air grocery-focused shopping centers -- one of the better performing parts of the commercial real estate sector during the pandemic as people rushed to stores to stock up on essential items.
LITTLE ROCK, Ark. and TORONTO, April 15, 2021 /CNW/ - BSR Real Estate Investment Trust (the "REIT") (TSX:HOM) (TSX:HOM) today announced a cash distribution of US$0.0417 per REIT unit for the month of April 2021, representing US$0.50 per REIT unit on an annualized basis. Payment will be made on May 17, 2021 to unitholders of record as at April 30, 2021. About BSR Real Estate Investment TrustBSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario.
Hilco Real Estate Announces The Bid Deadline For A 9,000+- Sf Flex Office/warehouse Condo Unit Near Cleveland, Oh
NORTHBROOK, Ill., April 15, 2021 /PRNewswire/ -- Hilco Real Estate LLC announces the bid deadline of Thursday, May 27 for four condominium units that have been combined into a well-maintained office/warehouse flex space totaling 9,030+- square feet. Built within the Bentley Park Condominiums office complex in 1997, the versatile property sits just off the intersection of U.S. Route 422 and Ohio Route 91, offering easy access to the greater Cleveland area. Located at 29500 Aurora Road in Solon, Ohio, the property is situated on a 5.31+- acre lot with access from both Aurora Road and Cochran Road.
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, April 15, 2021 /CNW/ - True North Commercial Real Estate Investment Trust (TSX:TNT) (the "REIT") today announced its April 2021 monthly cash distribution in the amount of $0.0495 per trust unit ("Unit"), payable on May 17, 2021 to holders of Units of record at April 30, 2021. Eligible investors registered in the DRIP will have their monthly cash distributions used ...Full story available on Benzinga.com.
Kimco Realty Corporation (nyse:kim), Weingarten Realty Investors (nyse:wri) - Kimco Realty Acquires Rival Reit Weingarten In $3.87B Deal | Benzinga
Kimco Realty Corp. (NYSE: KIM) is acquiring Houston-headquartered rival Weingarten Realty Investors (NYSE: WRI) in a deal valued at roughly $3.87 billion. What Happened: Kimco Realty Corp. is a Jericho, New York-based real estate investment trust focused on open-air, grocery-anchored shopping centers and mixed-use assets. Weingarten had 159 properties that will be absorbed by the 400-property Kimco, which will continue as the public company. The Kimco management team will lead the combined company with CEO Conor Flynn, Executive Chairman Milton Cooper and President/Chief Investment Officer Ross Cooper at the helm.
New funding: Doorstead, a San Francisco real estate property management startup founded by former Uber employees, raised a $12.5 million Series A round led by Seattle firm Madrona Venture Group. Company background: The 2-year-old startup targets 15 million small real estate investors who own single-family units and need help renting out their space. It provides data on optimal rental prices and offers a guaranteed rental offer in less than 24 hours. Doorstead also manages the property, including preparing it for lease, the screening of tenants, and negotiating rent.
Forbes Global Properties Welcomes National Parks Realty To Its Luxury Real Estate Membership Network
Forbes Global Properties Welcomes National Parks Realty To Its Luxury Real Estate Membership Network. : The Northwest Montana-based residential real estate firm will be the exclusive representative for the state of Montana April 7, 2021, Whitefish, Montana: Forbes Global Properties, a curated consumer marketplace that connects discerning buyers directly to the world's finest homes and the best-in-class agents that represent them, is proud to welcome National Parks Realty to its prestigious ranks.
Forbes Global Properties Welcomes Dale Sorensen Real Estate To Its Luxury Real Estate Membership Network
Forbes Global Properties Welcomes Dale Sorensen Real Estate To Its Luxury Real Estate Membership Network. : The Florida-based residential real estate firm will be the exclusive representative for the Indian River County, Brevard County and St. Lucie County areas April 15, 2021 -- Forbes Global Properties, a curated consumer marketplace that connects discerning buyers directly to the world's finest homes and the best-in-class agents that represent them, is proud to welcome Dale Sorensen Real Estate to its prestigious ranks.
Casa Blanca, which aims to develop a "Bumble-like app" for finding a home, has raised $2.6 million in seed funding. Co-founder and CEO Hannah Bomze got her real estate license at the age of 18 and worked at Compass and Douglas Elliman Real Estate before launching Casa Blanca last year. She launched the app last [...]