Daiwa Securities Group to invest in real estate investment trust
Daiwa Securities Group Inc. will invest in a real estate investment trust, or REIT, affiliated with KK daVinci Holdings, a major player in the property investment fund market, sources close to the matter said Wednesday.
Real estate investment trust Ventas Inc. said Monday it has completed a $186 million buyout of 58 senior housing communities from affiliates of Sunrise Senior Living Inc. Ventas initially had between 15 percent and 25 percent ownership in the communities.