Top news for real estate pros
Multifamily investor looks to unload 10 properties in eight states for about $500?million
Trilogy Real Estate Group has hired Newmark brokers to sell 10 properties across eight states for about $500 million, aiming to capitalize on the 2,845-unit portfolio during a period of transition in the national multifamily market, following a considerable slowdown in recent years, partly due to higher interest rates.
7-Eleven to close more than 400 underperforming stores as it mulls buyout?offer
The parent company of 7-Eleven is planning to close 444 stores in the United States, Canada and Mexico as it considers an unsolicited buyout offer from the owner of convenience store rival Circle K .
Where others failed, Olive Garden’s parent bets big on Mexican?restaurants
Despite skepticism from analysts, Rick Cardenas, president and CEO of Darden Restaurants, remains confident the company’s $605 million acquisition of Chuy's Restaurants a Tex-Mex chain with 100 locations, will accelerate growth alongside its other brands.
Israeli bondholders push for insolvency on 15 Hertz Properties office buildings in?US
Investors in Israel have given up on a turnaround for 15 United States office buildings owned by Hertz Properties Group, voting to call $168 million in bonds for immediate repayment and pursue legal action.
Home Depot co-founder Bernie Marcus puts Atlanta condo on market with 20-mile?views
家得宝 co-founder Bernie Marcus, who launched the now-ubiquitous home improvement chain in Atlanta with NFL owner Arthur Blank nearly half a century ago, is selling his three-bedroom, 5,700-square-foot unit in Buckhead for $5 million.
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1 个月I love my multifamily properties.?Great passive income.