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International

Blackstone makes $395M equity investment in Tricon

Don Wilcox Residential Investors National Aug. 27 2020

A syndicate led by Blackstone Real Estate Investment Trust Inc., (BREIT) will invest $395 million in Toronto-based rental housing company Tricon Residential via a preferred equity investment to lower the firm’s overall debt by about 10 per cent. The investment

NorthWest buys $454M hospital portfolio, plans London JV

Don Wilcox Commercial REITs International Aug. 25 2020

The purchase of a $454-million hospital portfolio in London positions NorthWest Healthcare Properties REIT (NWH-UN-T) to take another significant step, according to CEO Paul Dalla Lana. The Aug. 21 purchase of the four-hospital portfolio more than triples NorthWest’s London healthcare

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