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S. Florida hotel sells for $835m in one of largest U.S. hotel acquisitions since 2021

by Released | Feb 6, 2023

A joint venture between non-U.S. offered real estate funds managed by Credit Suisse Asset Management and real estate funds managed by Trinity Fund Advisors, an affiliate of full-service private real estate investment firm Trinity Real Estate Investments, has acquired The Diplomat Beach Resort in Hollywood, Florida from a Brookfield private real estate fund.
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Equity REITs strengthened in January, up more than 10%

by Loretta Clodfelter | Feb 3, 2023

Equity REITs advanced 10.7 percent in January, according to the FTSE Nareit Equity REITs Index, amid a broad-based stock market recovery. The S&P 500 Index rose 6.3 percent in January, and the tech-heavy Nasdaq Composite increased 10.7 percent.
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