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Oglethorpe Power Acquires Highly-Efficient Natural Gas-Fired Combustion Turbine Generation Plant in Walton County
TUCKER, Ga., July 1, 2024 /PRNewswire/ -- Today, Oglethorpe Power announced the acquisition of Walton County Power, a 465-megawatt, three-unit combustion turbine generation facility in Monroe, Georgia. The facility was purchased from Mackinaw Power Holdings, an affiliate of the global investment firm, The Carlyle...
Demetree Global Acquires Prime Mixed-Use Property in Winter Park, FL
WINTER PARK, Fla., July 3, 2024 /PRNewswire/ -- Demetree Global is thrilled to announce the acquisition of Hannibal Square, a prominent mixed-use property located in the heart of Winter Park, FL. The transaction, valued at $55.3 million, includes nine buildings encompassing 168,741 square feet...
Silver Star Properties REIT Announces Significant Progress in New Direction Plan
HOUSTON, July 5, 2024 /PRNewswire/ -- Silver Star Properties REIT, Inc. ("Silver Star" or the "Company") is a self-managed real estate investment trust that is currently repositioning in an orderly manner into the self-storage and single tenant real estate assets. Today the Company announced...
Aspen Real Estate Acquires Another Foreclosed Property, Adding 226,000-S/F Shopping Center in Las Vegas
New owner moves to renovate and re-brand 60% vacant center.LAS VEGAS, July 8, 2024 /PRNewswire/ -- Aspen Real Estate, a private equity, real estate investment firm, has purchased the underperforming Renaissance III shopping center, situated in a densely populated area two miles from the University...
Safehold Closes Four Ground Leases for Affordable Multifamily Assets
NEW YORK, July 8, 2024 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on ground leases to facilitate the ground-up development of four affordable housing communities in Northern California. The low-income tax credit developments total...
Dominion Energy Announces Agreement to Acquire Offshore Wind Lease From Avangrid For Potential Future Regulated Generation Development
40,000-acre lease, currently known as Kitty Hawk North Wind, will be renamed CVOW-South and could support 800 MW of offshore wind generation capacity in the 2030s
Acquisition provides optionality to deploy additional regulated offshore wind generation to serve unprecedented electric demand growth using all-of-the-above approach...