Real estate · Industry brief

Two Harbors Investment Corporation shareholders voted 69.7% in favor of CrossCountry Mortgage's planned acquisition of Two Harbors, according to Inside Mortgage Finance. This represents significant M&A activity within the real estate investment trust and mortgage servicing sector.

National Healthcare Properties, a self-managed REIT formerly known as Healthcare Trust, closed approximately $197 million in senior living acquisitions since late June, including two Midwest communities for $98 million and 14 properties across the Midwest, South, and Mid-Atlantic for $99 million, totaling 933 units managed by existing operating partners. The REIT also agreed in May to sell a non-core California senior living community for $42 million at a 1.7% trailing 12-month yield, with proceeds to fund an expanding acquisition pipeline and reduce leverage. NHP completed its IPO earlier this year on Nasdaq and was added to the Russell 2000 and 3000 Indexes in June.

Sagard Real Estate acquired 27 Distribution Way, a 223,977-square-foot industrial facility in Monmouth Junction, New Jersey, announced July 8, 2026. The fully-leased property expands SRE's industrial portfolio in Central New Jersey's Exit 8A submarket, a supply-constrained logistics market with direct access to the New Jersey Turnpike and proximity to major Northeast distribution hubs including the Port of New York and New Jersey and Newark Liberty International Airport. The acquisition reflects continued REIT investment activity in strategically positioned industrial assets within high-barrier-to-entry markets demonstrating strong tenant demand and limited new supply.

GO Residential REIT completed two acquisitions in May-June 2026: 7 Dey Street (209 suites, Tribeca) acquired May 28 and Ivy Tower (321 suites, Times Square) acquired June 5, funded through $146.3 million in fixed-rate mortgage debt at 4.50% maturing 2031 plus available cash. The acquisitions increase the REIT's portfolio to 2,545 suites (26% growth) and are expected to be immediately accretive to AFFO per unit while maintaining target leverage metrics. Ivy Tower represents the REIT's first unencumbered asset, supporting its strategic priority to build financial flexibility. Source: CNW press release, June 15, 2026.