VANCOUVER, Sept. 20, 2019 Pure Multi-Family REIT LP (PMULF) announced today that the Supreme Court of British Columbia has granted a final order approving its previously announced plan of arrangement, pursuant to which an affiliate of Cortland Partners, LLC will acquire all of the outstanding: Class A units of Pure Multi-Family for US$7.61 per Class A Unit; and convertible unsecured subordinated deben...
Colony Credit Real Estate, Inc. (CLNC) announced today that it has funded a $116,000,000 floating-rate mortgage loan on behalf of Clutter, Inc. in connection with Clutters $152,000,000 acquisition of The Storage Fox Portfolio, four self-storage facilities comprised of approximately 320,000 rentable square feet and 5,240 units located in Long Island City, Brooklyn, Yonkers and White Plains, New York.
Landmark Infrastructure Partners LP (LMRK) announced today that the board of directors of its general partner declared a quarterly cash distribution for its 8.00% Series A Cumulative Redeemable Perpetual Preferred Units of $0.500 per Series A Preferred Unit, payable on October 15, 2019, to Series A Preferred Unitholders of record as of October 1, 2019.
COSTA MESA, Calif. This transformational transaction establishes NNN REIT as a best-in-class public, non-listed real estate investment trust where investors benefit from internal management, a board of directors with substantial public company real estate experience, the elimination of all external advisory fees and a direct-to-investor business model that cuts out the high-commission middlemen.
CareTrust REIT, Inc. (CTRE) announced today that its Board of Directors has declared a quarterly common stock cash dividend of $0.225 per common share. About CareTrust REITTM CareTrust REIT, Inc. (CTRE) is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition and leasing of seniors housing and healthcare-related properties.
Taubman Centers, Inc. (TCO) today announced the completion of the sale of 50 percent of Taubman Asias interest in Starfield Hanam to real estate funds managed by The Blackstone Group Inc. for $300 million. Net proceeds to Taubman are expected to be approximately $240 million following the allocation of property-level debt and transaction costs.
Washington Prime Group Inc. (WPG) today announced a new multi-tenant food and beverage venue slated to hit Columbus-based Polaris Fashion Place® in 2020. This newly created space at Polaris Fashion Place will be adjacent to the centers existing food hall, which has been fully leased with a dynamic mix of local, regional and national food and beverage offerings since the center opened in 2001.
VANCOUVER, Sept. 18, 2019 Pure Multi-Family REIT LP (PMULF) is pleased to announce the voting results for its special meeting of unitholders held on September 18, 2019 in Vancouver, British Columbia.
LOS ANGELES Rexford Industrial Realty, Inc. (REXR), a real estate investment trust focused on owning and operating industrial properties located in Southern California infill markets, today announced the acquisition of an eight-building industrial complex for $66.2 million.
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