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REAL ESTATE TECHNOLOGY
Innovative Industrial Properties | May 17, 2022
Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, announced that it closed on the acquisition of a property comprising approximately 104,000 square feet of industrial space in Taunton, Massachusetts.
The purchase price for the property was $40.0 million (approximately $384 per square foot), which is fully built out and operational as a regulated cannabis cultivation, ...
REAL ESTATE INVESTMENT
Nuveen | May 06, 2022
Nuveen Real Estate, Taconic Partners and North American Properties have acquired Ridge Hill for $220 million, a mixed-use lifestyle center in Yonkers, NY, with the intention of rebranding and transforming the 74-acre property into the preeminent outdoor lifestyle center serving the northern New York City metropolitan area.
Renovation plans for the 1.2 million square foot complex are still in development, but the partners will look to incorporate state-of-the-art initiatives that e...
Choice Home Warranty | February 08, 2022
Choice Home Warranty ("Choice") announced today that it has acquired certain assets of Home Warranty of America ("HWA") from Home Warranty of America, Inc. to enhance Choice's position as a leading provider of home warranty service contracts and to accelerate Choice's mission to become the US' largest and most respected home warranty provider. Financial terms of the transaction were not disclosed.
Founded in 1996 and based in Illinois, HWA is recogn...
Offerpad | August 11, 2020
Live today, Offerpad debuts its Real Estate Solutions Center in Port St. Lucie as the first iBuyer in the region. The innovative real estate solutions provider, with its streamlined, direct home selling and enhanced home listing solutions, is now an option for homeowners throughout more of Central Florida who seek safe and certain home selling options. Offerpad began providing Florida homeowners a better way to sell their home in 2015, with the opening of local real estate solutions offices in O...
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