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Category: Commercial

El-Ad bids to acquire Agellan Commercial REIT

Don Wilcox Commercial Transactions National Nov. 15 2018

Agellan Commercial REIT  (ACR-UN-T) has entered into an agreement to be acquired by an affiliate of its largest shareholder El-Ad Group, Ltd., in a transaction which values Agellan at about $680 million. Elad Genesis Limited Partnership would pay $14.25 in

CT REIT plans new developments, internalizes management

Don Wilcox Commercial REITs National Nov. 13 2018

CT REIT (CRT-UN-T) was described as “reliable, durable and growing” during its Q3 2018 earnings conference call by president and CEO Ken Silver. To continue that trend, Silver announced an in-sourcing of most of its property management, a half dozen new

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