Investment
Ventas Bulks Up, Slims Down in Two Mega Deals
In a pair of moves that are entirely in line with its substantial history of bold mergers, Ventas will be buying big and spinning off.
Straub Draws a Bead on Two Casinos
As of late last week, the Atlantic City buzz was all about a bankruptcy court order approving the sale of the shuttered Revel hotel-casino to Florida developer Glenn Straub. But by late Friday fresh news was unveiled.
Intercontinental, MG Buy Big in SoCal
Intercontinental Real Estate and MG Properties Group are boosting their California holdings with a sizable purchase.
Kite Realty Flies to Upscale Dallas Retail
The purchase of Colleyville Downs is the third for Kite since its $2.1 billion merger last summer with Inland Diversified Real Estate Trust Inc.
Howard Johnson Hotel Trades at Miami Airport
The new owner, LCP Hialeah Gardens Hospitality, is likely to rebrand the 259-key property.
Potential, Peril Abound in Sears-GGP Deal
The news on Wednesday that Sears Holdings and General Growth Partnerships will be forming a joint venture involving the sale-leaseback of 12 properties is no April Fool’s joke.
Omni Nashville Hotel Attracts Financing
Lenders are keen on Nashville’s hospitality sector, and for good reason.
Kushner Grabs 16-Building Multi-Family Portfolio
Kushner Cos. is expanding all over Manhattan and Brooklyn with a new portfolio purchase.