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Net Lease Office Properties Announces Sales of Three Office Properties Totaling $132 Million

NEW YORK, May 2, 2024 /PRNewswire/ -- Net Lease Office Properties (NYSE: NLOP) today announced the sale of the following three office properties in March and April for gross proceeds totaling approximately $131.6 million. PrimaryTenant PrimaryTenant Industry Location ABR(at timeof sale) Gross Sale Proceeds SquareFeet...

NexPoint Residential Trust, Inc. Completes the Sale of Radbourne Lake Apartment Homes

DALLAS, May 2, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the closing of the sale of Radbourne Lake Apartment Homes in Charlotte, NC, a 225-unit property built in 1991.  The property was acquired for $24.3 million...

NAS Investment Solutions Completes Equity Raise in Des Moines Multifamily Property in Just 60 Days

DES MOINES, Iowa, May 2, 2024 /PRNewswire/ -- NAS Investment Solutions (NASIS), a national sponsor of high-quality real estate investment properties, sold all available investment equity in the company's latest multifamily investment property in just sixty days from the date of the asset's acquisition.Twenty-two...

HILCO REAL ESTATE ANNOUNCES BANKRUPTCY SALE OF INDUSTRIAL PROPERTIES IN WEST VIRGINIA AND PENNSYLVANIA

The first property, located outside Pittsburgh at 161 South Johnson Road in Houston, Pennsylvania, is a 15,000± SF, single-tenant facility situated on 6.7± acres. The building has 18'-20' ceilings, three dock-high doors, new double-pane windows and a new metal roof, completed in 2022. The...

Tempus Realty Partners Acquires $7.6 Million Industrial Property, Surpassing $1 Billion Invested

LITTLE ROCK, Ark., May 2, 2024 /PRNewswire/ -- Tempus Realty Partners, an Arkansas-based real estate investment partnership, is thrilled to announce the acquisition of an industrial property valued at $7.6 million. The strategic purchase marks a significant milestone for Tempus, as the company's total...

HILCO REAL ESTATE ANNOUNCES TWO RETAIL CONDOMINIUMS AVAILABLE THROUGH A BANKRUPTCY SALE IN GREENWICH VILLAGE

The ground-floor retail space, totaling over 7,850± square feet and zoned C1, boasts 15-foot ceilings, exceptional location and can accommodate single or multiple tenants. While currently not built out, the versatile layout can be retrofitted to take advantage of three separate entry points, which...