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The Alternative Hotels Group plc renamed itself De Vere Group in 2010. [13] De Vere Group sold Greenall's Gin for £7 million in a private equity-backed management buyout in 2011. [14] Balfour-Lynn also stood down as chief executive in 2011. [15] In March 2014, private equity firm Starwood Capital Group acquired the business, by then known as ...
The group was renamed as the Principal Hotel Company and split their portfolio between two groups of hotels; Principal (a group of luxury city hotels) and De Vere (a group of country estate hotels). [13] In September 2017, De Vere relaunched with 22 locations [14] [15] and announced the sale of 20 non-core hotels. [16]
Hotels are mid-sized and operate as lifestyle mid market to upscale properties. Each hotel typically has between 110 and 160 rooms, a Pub & Grill, a Starbucks , meeting & conference rooms (branded as MeetMe Business Hub) and VWorks (new addition to hire smaller meeting rooms by the hour or a monthly membership to use facilities within VWorks).
VEREIT, Inc. was a real estate investment trust headquartered in Phoenix, Arizona that invested in single-tenant retail, restaurant, office and industrial properties. As of December 31, 2020, the company owned 3,831 properties with an aggregate of 89.7 million square feet. [1] The company was acquired by Realty Income in November 2021.
Radian is a group of separately capitalized companies that share a unified strategic focus. Radian's core business, Radian Guaranty Inc., provides private mortgage insurance to protect lenders from default-related losses, facilitate the sale of low-down-payment mortgages in the secondary market and enable homebuyers to purchase homes with down-payments less than 20%.
Oak Tree Real Estate Ohio LLC from Canton Property Investors LLC, 652 Young Ave SE, $1,005,000. Panigrahi Sambit from Gateway Equity Group Ltd, 918 Green Ave SW, $90,000.
AG Real Estate (former Fortis Real Estate) is a wholly owned subsidiary of AG Insurance and the largest real estate group in Belgium, headquartered in Brussels.AG Real Estate has a portfolio under management of over €6 billion that incorporates office buildings, shopping malls, logistics properties, residential properties and shares in real estate investment funds, both listed and unlisted.
In March 2016, only 3 months after the Blackstone transaction closed, Anbang Insurance Group purchased Strategic for a price that was announced as $6.5 billion. [6] The deal ended up being for $5.5 billion, however, after Blackstone was forbidden by the US Government to sell the Hotel del Coronado to overseas buyers with the other Strategic ...