INTERMAINT Group

REAL ESTATE INVESTMENT

Terreno Realty Corporation | May 23, 2022

Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property in Newark, New Jersey on May 19, 2022 for a purchase price of approximately $11.9 million. The 2.4-acre improved land parcel at 127-167 and 147-163 Doremus Avenue is adjacent to Exit 15E of the New Jersey Turnpike and Terreno Realty Corporation’s 85 and 87 Doremus Avenue properties. The property is 100% leased on a short-ter...

REAL ESTATE INVESTMENT

Walker & Dunlop Investment Partners, Inc. | September 15, 2021

Walker & Dunlop Investment Partners, Inc. announced today that it has partnered with Ivanhoé Cambridge, a Canadian real estate company with assets around the globe, to form a programmatic joint venture. The joint venture will make preferred equity investments in multifamily, student housing, and manufactured housing properties throughout the United States. Its strategy will focus on identifying opportunities with stabilized properties, primarily in top 25 MSAs, with a r...

MARKET OUTLOOK

Starwood Real Estate Income Trust, Inc | August 19, 2021

Starwood Real Estate Income Trust, Inc., an affiliate of Starwood Capital Group, a leading global private investment firm focused on real estate and energy investments, today submitted an enhanced all-cash, fully financed, fully actionable proposal to acquire Monmouth Real Estate Investment Corporation for $19.93 per Monmouth share reduced by the termination fee owed to Equity Commonwealth ("EQC") of $72 million or $0.73 per share. Starwood’s enhanced proposal would provide net c...

HousingWire | January 28, 2020

RealPage, a growing real estate software company based in Richardson, Texas, was the victim of hackers that apparently stole $10.5 million from the company. In a statement, the company told HousingWire that $10.5 was initially stolen, but the company recovered $4.5 million of that amount.Additionally, the company stated that it is working with authorities to reclaim the remaining funds. As previously disclosed almost two years ago, in May 2018, RealPage was the subject of a targeted email phishi...