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Content tagged with: Transactions

Off-market deal spikes Nexus REIT’s value

Danny Kucharsky Commercial Transactions Quebec Jun. 20 2017

Nexus REIT’s recent purchase of a half stake in a Quebec portfolio of Sandalwood Management properties represents about a 50 per cent increase in Nexus’ gross book value to about $450 million. The purchase price for the 1.53 million square feet of gross

AHIP REIT purchases large hotel portfolio in U.S.

Steve McLean Commercial Transactions International Jun. 20 2017

American Hotel Income Properties (AHIP) REIT has closed on the acquisition of 18 premium-branded Marriott and Hilton hotel properties in the Eastern United States for approximately US$407.4 million. “It was owned by a private equity company in conjunction with a big

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