Archive for February 10th, 2026
Steel Peak and Tarsadia Launch JV, With Over $500M IOS Portfolio Goal
Steel Peak has formed a joint venture with Tarsadia Investments to expand its exposure in Industrial Outdoor Storage properties on the West Coast. The two plan to spend roughly $150 million in 2026 alone, with the long-term goal to boost the portfolio to consist of more than $500 million in assets. Just over two years […]
Covenant Capital Raises $1.1B From Housing Funds
Covenant Capital Group has raised more than $1.1 billion from its latest flagship value fund, combined with its affordable housing sidecar. The close marks the highest amount fetched in its 25-year existence. Covenant Apartment Fund XII, L.P received “strong backing” from new and existing institutional partners, according to Covenant. The fund portion will focus on […]
CareTrust Pays $142M for Mid-Atlantic Nursing Facilities Portfolio
CareTrust REIT, Inc. is wasting no time on offense in 2025 and has acquired a nursing facilities portfolio in the Mid-Atlantic region for roughly $142 million. The deal applies to 532 licensed beds across six properties, with the exact locations in the region not listed. Currently, a tenant under a long-term triple net lease operates […]
