Wynn completes $1.7b Encore Boston Harbor Land and real estate sale leaseback transaction by Andrea Zander | Dec 6, 2022 Wynn Resorts has completed the sale of the land and real estate assets of Encore Boston Harbor to Realty Income Corp. for $1.7 billion in cash.
REITs rise 5.8% in November by Loretta Clodfelter | Dec 6, 2022 REITs rose nearly 5.8 percent in November, according to the FTSE Nareit Equity REITs Index, for the second consecutive month of gains.
SPONORSED: Wealthforge/Altigo — Best the competition with the right tech stack by Sheila Hopkins | Dec 5, 2022 A thoughtful and strategic approach to building your tech stack will attract new business, lock in existing clients, and help build the foundation of your firm’s future.
SPONORSED: Clarion – Private real estate investing amid macro uncertainties by Sheila Hopkins | Dec 5, 2022 This is a good time for investors to position their portfolios for better risk-adjusted performance with an overweight to property sectors and markets in which owners have strong pricing power and can grow cash flow over time.
Longroad Energy acquires Titan Solar Project from Sunpin by Released | Dec 5, 2022 Longroad Energy has closed on the acquisition of the 98 megawatts defined conditions (MWDC) Titan Solar project from Sunpin Holdings.
Bridgepoint Group in talks to acquire Energy Capital Partners for $1b by Kali Persall | Dec 5, 2022 Bridgepoint Group has plans to acquire Energy Capital Partners.
Aviation industry demands innovation, swift adoption of sustainable alternatives to achieve decarbonization goals by Kali Persall | Dec 5, 2022 In the global effort to combat the climate crisis, the air-transport industry, which represents just 3 percent of global emissions, may have a big role to play during the next few decades — but investors will need to think outside the box.
Luxury REIT pays $268m for Four Seasons Resort Scottsdale at Troon North by Andrea Zander | Dec 5, 2022 Braemar Hotels & Resorts has paid $267.8 million for the luxury, 210-room Four Seasons Resort Scottsdale at Troon North in North Scottsdale, Ariz.
Communication, transparency at top of mind for 2022 iREOC Annual Membership Meeting attendees by Kali Persall | Dec 5, 2022 The fourth iREOC Annual Membership Meeting kicked off on Nov. 14 in the Omni Barton Creek Resort & Spa in Austin, drawing about 100 industry professionals representing more than $1 trillion dollars in real property holdings.
Labor markets add 263,000 jobs in November by Loretta Clodfelter | Dec 2, 2022 Labor markets continue to show strength, as nonfarm payroll employment increased by 263,000 jobs in November, according to the Bureau of Labor Statistics, and the unemployment rate remained unchanged at 3.7 percent.
From art to wine to farmland, alternative investments poised for huge inflows by Andrea Zander | Dec 2, 2022 The rise of digital platforms that enable investors to own stakes in art, wine, farmland, metals and other alternative assets has democratized an asset class once only available to institutional and ultra-high-net-worth investors.
Globtec Investment to invest additional $300m in Turkey by Released | Dec 2, 2022 Washington, D.C.–based Globtec Investment has plans for an additional $300 million investment in the Turkish food industry.
Broad Street Realty secures preferred equity investment from Fortress Investment Group by Andrea Zander | Dec 2, 2022 Broad Street Realty, through a newly formed subsidiary, has secured an $80 million preferred equity Investment and a property-specific $15 million mezzanine loan from an affiliate of Fortress Investment Group.
$75m value-add healthcare fund completes first closing by Kali Persall | Dec 2, 2022 Thomas Park Investments has completed a first closing for its $75 million value-add vehicle, Thomas Park Growth Fund I.
Sempra Infrastructure announces sale and purchase agreement with INEOS for Port Arthur, Texas by Released | Dec 2, 2022 Sempra Infrastructure has entered into a long-term sale and purchase agreement (SPA) with INEOS.