Purchased for $10.4M BY JOSH BAUMGARD JUN 1, 2016, 12:41P Suniland Shopping Centervia Terranova Terranova’s Suniland Associates Ltd. just sold Suniland Shopping Center for a whopping $66.5 million to Denver-based Dividend Capital Diversified Property Fund. The 82,000-square-foot property was originally purchased beginning 22 years ago in two transactions, notes the release, in 1994 for $9.3…

June 01, 2016 12:43 PM Eastern Daylight Time TAMPA, Fla.--(BUSINESS WIRE)--Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) announced the acquisition of the following properties: Vibra Rehabilitation Hospital of Rancho Mirage (“Vibra Rehab”), which is located in Rancho Mirage, California, was acquired by CVMC REIT II on March 1, 2016, for a purchase…

    June 1, 2016 | by DI Wire Inland Private Capital Corporation, a sponsor of 1031 tax deferred exchanges, sold Mariano’s Fresh Market in Elmhurst, Illinois, for $25 million. IPCC, through its subsidiary which serves as asset manager, facilitated the sale of the property on behalf of one of its 1031 investment programs. Located…

Robert A. Stanger & Co. critical of proxies firm has sent out in preparation for possible consolidations May 31, 2016 @ 12:45 pm | By Bruce Kelly | Investment News Nicholas Schorsch Changes proposed at seven real estate investment trusts controlled by Nicholas Schorsch's AR Global present a “clear and present danger” to their investors by eliminating…

PR Newswire HOUSTON, May 31, 2016 HOUSTON, May 31, 2016 /PRNewswire/ -- Moody National REIT II, Inc. announced that it acquired the Marriott SpringHill Suites Hotel ("SpringHill Suites Seattle") in Seattle, Washington for $74.1 million, excluding closing costs. Located on the southeast corner of Stewart Street and Yale Avenue in downtown Seattle, the 234 room…

  SOURCE: Strategic Storage Growth Trust May 27, 2016 14:29 ET PHOENIX, AZ--(Marketwired - May 27, 2016) - Strategic Storage Growth Trust, Inc. (SSGT), which is sponsored by SmartStop Asset Management, LLC, recently closed on its first "certificate of occupancy" transaction. The newly-constructed facility is located in the South Mountain Village area of Phoenix, AZ.…

May 27, 2016 | by Alex Girda | Commercial Property Executive Sacramento is heating up in terms of its residential market, and investors are hoping improvement will translate to the commercial side. Sacramento, Calif.–The sponsors of Griffin-American Healthcare REIT IV have gone public with the news that the investment trust is set to acquire a Sacramento-area…

By Michelle Jarboe, The Plain Dealer | May 26, 2016 at 11:25 AM, updated May 26, 2016 at 2:24 PM | Cleveland.com West Coast parking investors have acquired a large surface lot at the western edge of downtown Cleveland's Warehouse District, in a deal that makes near-term development seem unlikely. On May 11, MVP REIT, Inc., and MVP REIT II, Inc.,…

Agreement Covering Long-Term Renewals on 160 Branches and Purchase of Eight Others Removes Uncertainty for American Finance Trust By Mark Heschmeyer | May 25, 2016 | CoStar A major multi-property lease renewal deal between SunTrust Banks Inc. and American Finance Trust, a non-traded net lease REIT, offers insight on how the ongoing bank branch consolidation may…