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Property

Sila Realty Trust expands healthcare portfolio with $43 million rehab deal

Sila Realty Trust (NYSE:SILA) completed the $43.1 million acquisition of the Nobis OKC Facility on Friday, a move that underscores the REIT’s strategy of targeting market-dominant healthcare assets with high occupancy and limited competition.

Read more: Sila Realty Trust expands healthcare portfolio with $43 million rehab deal
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Property

Vornado secures 54th Street development site in $141M deal

Vornado Realty Trust (NYSE:VNO) has finalized the acquisition of 3 East 54th Street, a strategic Manhattan development site, for $141 million.

The deal, completed on January 7, effectively converts a distressed debt position into a fee-simple ownership of 18,400 square feet of prime Plaza District land.

Read more: Vornado secures 54th Street development site in $141M deal