The firm is in negotiations to acquire about 40 mobile home parks, most in Florida, from Summit Communities.
At the end of June, AP1’s real estate exposure was close to $6 billion, or almost 15% of the total portfolio.
The retailer’s shopping center arm just bought a building in downtown San Francisco. It’s on the lookout for more of the same.
A recent report from Real Capital Analytics breaks down which foreign investment firms continued to close deals amid the pandemic.
The private equity firm is looking at selling the operator of mobile home parks in a deal that could bring in $750 million.
The company has fielded interest from prospective suitors.
The vacation rental site’s flexibility when it comes to its property portfolio helped it rebound much quicker than traditional hotels.
The retail property index is expected to drop 11.4 percent and not return to positive territory until 2022.
Operators are experiencing big variances in occupancy rates for the fall semester.
