Gordon Brothers, in a joint venture with Ciminelli Real Estate Corporation, has acquired a 93,500-square-foot research and development building on 7.4 acres in Andover, Mass., for $19.8 million.
American Landmark Apartments has announced the acquisition of 2050 Morningside, a 198-unit apartment community located in the Morningside/Lenox Park neighborhood of Atlanta.
Gaming and Leisure Properties (GLPI) has paid $1 billion for Bally’s Corp.’s two Rhode Island casino properties, Bally’s Twin River Lincoln Casino Resort and Bally’s Tiverton Casino & Hotel.
There’s a big disconnect between hospitality fundamentals, which are exceptionally strong for many assets, while the debt markets have been deteriorating meaningfully.
LRC Properties in a joint venture with an institutional LP partner has purchased the Zion Industrial property located at 1791 Mt. Zion Road in Morrow, Ga., for $31.5 million.
The affordable housing segment has seen strong demand from investors, some of it driven by investor demand for investments with environmental, social and governance (ESG) aspects.
FS Credit Real Estate Income Trust, Inc., which is advised by a subsidiary of FS Investments and sub-advised by Rialto Capital Management, has acquired 555 Aviation, a 259,754-square-foot, class-A creative office building located in El Segundo, Calif.