The property, operated by Ashkenazy Acquisition Corp., stopped making payments in May 2020, after citing the impact of COVID-19.
Many active adult communities, which serve relatively young seniors, performed very well during the pandemic.
The money manager anticipates that the CLOs it’s selling now will have to pay unnecessarily higher interest rates.
Production studios are becoming a hot real estate investment. Here are some deals that took place over the past 18 months.
The JV’s initial student housing portfolio includes 15,000 beds in 29 cities, two-thirds of them near Power Five schools.
There are excavators and bulldozers seemingly everywhere in the desert city of Juarez, pushing dirt into tall piles and carving out space to build new factories.
Diversification, fixed incomes, lower volatility and a hedge against inflation are spurring interest in commercial real estate funds.