Tag Archives: Reit

Highlands Ranch REIT UDR promotes David to COO

Dennis Huspeni Reporter- Denver Business Journal Email  | Facebook  | Twitter  | Real Deals blog Highlands Ranch-based apartment operator UDR Inc. promoted senior vice president Jerry Davis to chief operating officer, the company announced Thursday. The news comes on the heels of the … Continue reading

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Meet America’s New Landlords: REITs

To see that growth, look no further than Edelheit’s brand new Atlanta office space, where he now employs 150 workers full-time and hundreds more part-time. His REIT owns close to 2000 properties in Georgia, North Carolina and Florida, and they … Continue reading

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Industrial Income buys Energy Pkwy warehouse for $15.2M

James Briggs Reporter- Baltimore Business Journal Email Industrial Income Trust, a Denver-based real estate investment trust, has made another industrial acquisition in Greater Baltimore. The REIT purchased a 222,636-square-foot bulk warehouse at 7621 Energy Parkway in Curtis Bay for $15.2 … Continue reading

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Gaylord shareholders win in morph to REIT, but Aurora may lose

As Gaylord Entertainment Co. executives pushed for tax incentives for a 1,500-room Aurora hotel in recent months, they also were exploring options that ultimately would make it less likely the project would get built. Gaylord announced Thursday that Marriott International … Continue reading

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TNP Strategic Retail Trust Acquires Willow Run Shopping Center in Denver Suburb

IRVINE, Calif., May 18, 2012 /PRNewswire/ — TNP Strategic Retail Trust, Inc. (the “Company”), a public non-traded REIT that invests in grocery and drug-store anchored, multi-tenant necessity retail properties and other real estate-related assets, announced today the completion of the … Continue reading

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TNP Strategic Retail Trust Acquires Willow Run Shopping Center in Denver Suburb

IRVINE, Calif., May 18, 2012 /PRNewswire via COMTEX/ – TNP Strategic Retail Trust, Inc. (the “Company”), a public non-traded REIT that invests in grocery and drug-store anchored, multi-tenant necessity retail properties and other real estate-related assets, announced today the completion … Continue reading

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Resource Real Estate Opportunity REIT, Inc. Acquires Bristol Apartments

PHILADELPHIA, Apr 05, 2012 (BUSINESS WIRE) – Today, the Resource Real Estate Opportunity REIT, Inc., sponsored by Resource Real Estate, Inc. (“Resource Real Estate”), announces the purchase of Houston-based Bristol Apartments. Resource Real Estate is a national real estate firm … Continue reading

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Denver REIT pays $42.5M for Hanover properties

Jimmy DeButts Associate Editor – Baltimore Business Journal Email A Denver real estate investment trust recently paid $42.5 million for two industrial buildings in Hanover. Industrial Income Trust Inc. bought Lincoln Crossroads I and III from Lincoln Property Co.    … Continue reading

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Walton Street To Sell Denver Marriott for $119M

An affiliate of Walton Street Capital agreed to sell the Denver Marriott City Center in downtown Denver, CO, for $119 million, or approximately $194,000 per room. Chesapeake Lodging Trust (NYSE:CHSP), a lodging REIT, is the buyer. The transaction is set … Continue reading

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Denver Marriott City Center hotel sold to Maryland REIT

A Maryland-based real-estate investment trust will pay $119 million for the 613-room Denver Marriott City Center downtown. Chesapeake Lodging Trust on Wednesday said it plans to close on the property at 1701 California St. in the next 30 days. It … Continue reading

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