St. Louis-based ElmTree Funds recently closed the sale of six real estate assets totaling more than $127.5 million. ElmTree, which is focused on the acquisition and operation of single-tenant, office, industrial and healthcare properties across the United States, closed on the deal to sell the properties to IRA Capital Advisors...
IRA Capital Acquires Florida Retail Centers
An affiliate of Newport Beach-based IRA Capital “IRA” has acquired two Florida retail sites totaling 60,000 square-feet for approximately $9MM. The properties are located in Pensacola and Orlando. Fairfield Crossings in Pensacola is 100% leased to Ross Dress for Less, Office Depot, and T-Mobile. The property in Orlando is located...