The price for the portfolio, with seven properties and 4,500 beds, is $725 million. Harrison Street is the buyer.

With industry fundamentals continuing to strengthen following a steep dip during the pandemic, some hotel investors are back in building mode.

Our second quarter real estate forum focused heavily on 1031 strategies, including using TICs and DSTs as ways to roll over investments in single properties into funds or portfolios.

Rents are up more than 25 percent in one of the nation’s most scorching multifamily markets. That's fueling continued strong investor demand, in spite of rising interest rates.

The lenders, led by Fidelity, hold a majority of Bally’s $1.9 billion senior secured term loan due in 2028, which puts them in a position to block the company from a needed credit amendment.