MALVERN, PA-During a strong quarter of repositioning activity, the REIT disposes of 883,000 sf in Detroit and adds significantly to Phoenix, Houston and Minneapolis.
PHILADELPHIA-The CEO of Roxborough Memorial partners with healthcare veteran Robert Souaid to form Solis Healthcare and acquire Roxborough and Warminster hospitals.
PHILADELPHIA-The transaction includes a $75-million over-allotment to yield net proceeds of $413.3 million, from which RAIT uses $74.4 million to buy shares of its common stock.