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asia.nikkei.com 17 hours, 18 minutes ago

Singapore's Capitaland Adds D.c., Dhaka Apartments With Oakwood Buy - Nikkei Asia

SINGAPORE -- CapitaLand Investment, one of Singapore's top real estate groups, will widen the reach of its serviced apartment business with an acquisition that adds 15,000 units across 15 countries.
Read by 35% of LPs

prnewswire.com June 30, 2022

Addison Partners Announces Sale Of Sharlton Manor Apartments

Company Sells Hickory, N.C., Community after Successful Ownership Tenure NEW YORK, June 30, 2022 /PRNewswire/ -- Addison Partners, a real estate investment firm focused on acquiring well-located multifamily properties in strategic growth markets in the Southeast, today announced it has...
Read by 64% of LPs

benzinga.com June 28, 2022

Orion Real Estate Partners Acquires 180-unit Value-add Apartment Complex In San Antonio, Texas

SAN ANTONIO, June 28, 2022 /PRNewswire/ -- Los Angeles-based Orion Real Estate Partners ("Orion") announced today that it has acquired Remington Ranch, a garden-style apartment community in San Antonio, Texas. Orion purchased the 180-unit apartment community in June 2022 and plans to invest approximately $2.6mm in interior and exterior improvements. The Property sits on an expansive 7.4-acre site, with ample amenities including a fully redesigned clubhouse and business lounge/coffee bar, a new fitness center, and a pool with a free-standing cabana.
Read by 35% of LPs

benzinga.com June 16, 2022

Trilogy Real Estate Group Named One Of The National Apartment Association Top Employers

Company earns multiple awards highlighting outstanding company culture, employee satisfaction at both regional and national levels CHICAGO, June 16, 2022 /PRNewswire-PRWeb/ -- Trilogy Real Estate Group, a Chicago-based real estate investment, property management and development firm, earned national recognition as a top property management company in the National Apartment Association 2022 NAA Top Employers award program for the second consecutive year. The award identifies member organizations that foster collaborative and innovative work environments by encouraging employee engagement and performance.
Read by 66% of LPs

therealdeal.com June 14, 2022

Japanese Investment Firm Tokyo Trust Capital Partnered With New York-based Mc Real Estate To Buy A 416-unit Apartment Complex In Westchester County For $143 Million.

A Japanese investment firm with an appetite for American apartments has teamed up with a local partner on its first stateside multifamily deal. Tokyo Trust Capital and New York-based MC Real Estate Partners jointly acquired the View on Nob Hill Apartments, a 416-unit complex in Elmsford, from Ares Management for $143 million, the firms said last week. The off-market deal marks the first multifamily acquisition in the U.S. for TTC, which manages cross-border investments both The post Tokyo Trust Capital and MCRE buy Westchester apartments for $143M appeared first on The Real Deal New York.
Read by 75% of LPs

channelnewsasia.com June 07, 2022

Why A Former Real Estate Agent Was Fined Less Than The S$1.25m Revenue For Subletting Apartments On Airbnb, Homeaway - Cna

SINGAPORE: Last Monday (May 30), a former real estate agent was fined about S$1.16 million for a subletting scheme that drew a revenue of more than S$1.25 million. Simon Chan Chai Wan, 57, pleaded to nine charges under the Planning Act after providing short-term accommodation on platforms such as Airbnb and HomeAway. The fine handed to Chan was the largest amount given to a person in Singapore for such offences.
Read by 67% of LPs

swfinstitute.org June 05, 2022

Cadre And Blackrock Acquire Salt Lake City Apartment Complex From Greystar Real Estate Partners

On May 31, 2022, real estate investment platform Cadre announced an acquisition together with the BlackRock Impact Opportunities Fund. These investors acquired The Harvest at Marmalade apartments, a 252-unit multifamily asset Cadre acquired in downtown Salt Lake City, Utah. The sales price was estimated to be more than US$ 100 million. The seller is Greystar...
Read by 50% of LPs

benzinga.com June 03, 2022

Gray Capital Purchases 122-unit Apartment Property, The First Acquisition Of 100m Multifamily Fund

INDIANAPOLIS, June 3, 2022 /PRNewswire/ -- Multifamily investment firm Gray Capital has closed on Stonybrook Commons, a 122-unit apartment community located on Indianapolis's East side, built in 1991. ...Full story available on Benzinga.com.
Read by 66% of LPs

prnewswire.com June 03, 2022

Gray Capital Purchases 122-unit Apartment Property, The First Acquisition Of 100m Multifamily Fund

INDIANAPOLIS, June 3, 2022 /PRNewswire/ -- Multifamily investment firm Gray Capital has closed on Stonybrook Commons, a 122-unit apartment community located on Indianapolis's East side, built in 1991. Stonybrook Commons is the first property within Gray Capital's $100 million multifamily...
Read by 71% of LPs

benzinga.com May 17, 2022

Exclusive Safehold Makes It Possible To Invest In The Land Below Hotels, Apartments And Office Buildings

Safehold Inc (NYSE: SAFE) is the only publicly traded ground lease company, wielding the only pure-play investment grade platform. "Any piece of commercial real estate ... is literally just two components," Ian Selig, IR at Safehold, said Friday during a presentation at the "2022 FinTwit Conference" hosted by Benzinga and Lupton Capital. "It's the land, and it's the building that sits on top of that land and in a ground lease structure, we separate those components." Safehold owns the land beneath several commercial buildings. Another party leases that land to the building tenants for a long duration of time, typically 99 years.
Read by 58% of LPs