Renewable Land, a leading real estate investment firm specializing in renewable energy projects, has acquired a 435-acre property in Ohio. This land is leased to the Blue Harvest Solar Park, a 50-megawatt solar power plant operated by EDP Renewables. The clean energy generated by the solar farm will power Amazon’s data centers, corporate offices, and fulfillment centers as part of the company’s commitment to renewable energy.
Ashcroft Capital, a multifamily investment firm, has expanded its Florida portfolio with the acquisition of Halston Waterleigh, a luxury apartment community in Winter Garden, Florida. This marks Ashcroft’s 11th property in the state and its fifth in the Orlando metro area. The company plans to leverage the community’s prime location and resort-style amenities to deliver a top-tier living experience for residents.
Cyprus has emerged as a top destination for tourists and real estate investors seeking European Permanent Residency. With its affordable investment requirements and numerous benefits, Cyprus presents a unique opportunity for Indian investors and global travelers.
Trust deed investing offers a potentially lucrative way to earn passive income through real estate, but many investors are hesitant. This article breaks down common misconceptions, highlights the benefits, and provides steps to get started, emphasizing the importance of due diligence and working with reputable companies like Ignite Funding.
First National Realty Partners (FNRP) has announced impressive results for the first half of 2024, achieving profitability despite economic challenges. The company exceeded its acquisition target, securing $72.8 million in real estate, including notable off-market purchases like Elements Horsham Shopping Center (PA) and Sumter Square (SC). FNRP’s strategic leasing efforts, including partnerships with national tenants like Five Below and Hibbett Sports, have resulted in significant growth. Despite economic headwinds, FNRP remains optimistic about the long-term potential of retail real estate and is poised for continued success through strategic portfolio optimization and acquisitions.
Hyatt Hotels Corporation and Kiraku, Inc. are expanding their ATONA contemporary hot spring ryokan brand to three new locations in Japan: Yufu, Yakushima, and Hakone. The initial ryokans are scheduled to open by 2026, offering guests an elevated luxury experience in picturesque natural settings. Additionally, the Atona Impact Fund, a real estate fund focused on investing in ATONA ryokan development projects, has secured an initial investment of 10 billion yen (approximately 64 million US dollars). The fund aims to attract a total of 20 billion yen (approximately 128 million US dollars) to support the growth and development of the ATONA brand.
Starlight Investments, a leading global real estate investment and asset management firm, has acquired 84 Kirkstall Road, a 111-suite Build-to-Rent (BTR) community in Leeds, UK. The residence features a range of suite layouts, including one-bedroom, two-bedroom, and three-bedroom suites, many with balconies or terraces. Amenities include a co-working space, media room, and resident lounge. The building incorporates sustainable design elements such as renewable energy systems and high-efficiency lighting.
Following the introduction of regulations governing Small and Medium Real Estate Investment Trusts (SM REITs) by SEBI, several fractional ownership platforms have initiated the registration process. These platforms aim to provide investors with regulated access to rent-yielding real estate assets and enhance transparency in the fractional ownership model.
Several fractional ownership platforms have begun the process of registering under the SM REIT regulations. Strata, a commercial real estate investment platform, plans to apply for an SM REIT license by the end of the month. hBits, another fractional ownership platform, aims to file registration documents and launch its first offering within three months. WiseX is also preparing to register under the SM REIT regulations in the coming months. Integrated co-working firm EFC (I) Ltd intends to form an investment manager entity to manage SM REIT assets through a subsidiary. The minimum investment threshold for these SM REITs is ₹10 lakh.
While direct exchange into a REIT disqualifies tax deferral, UPREITs (721 exchanges) and Delaware statutory trusts (DSTs) provide alternative vehicles that allow investors to delay tax obligations while investing in institutional-quality real estate assets. UPREITs offer scalability and professional management access, while DSTs provide more tailored exposure and direct ownership of tangible assets. Both structures enable fractionalized sale, lower investment minimums, and property management simplicity, making them attractive options for 1031 exchanges and managing legacy investment capital gains.
BTB Real Estate Investment Trust (BTB) is pleased to announce the appointment of Mr. Marc-André Lefebvre as Vice President and Chief Financial Officer, effective May 27, 2024. Mr. Lefebvre brings extensive expertise in finance and strategic leadership to BTB, which will be instrumental in the REIT’s continued growth and development.
