A private equity real estate firm wants to help Connecticut solve its financial woes by buying some government buildings. Chicago-based Oak Street Real Estate Capital has offered the state and Hartford, its capital, up to $2 billion to buy properties ranging from office buildings to health-care facilities as long as the company can raise rents by 1.5 percent a year and score a 7.25 percent initial return, according to Bloomberg. Connecticut’s state government has been […]
source https://therealdeal.com/2018/04/06/chicago-real-estate-firm-offers-connecticut-hartford-up-to-2b-for-government-properties/
No comments:
Post a Comment