Apollo Global buys Gulf Coast retail centers for $49 million

New York investment firm acquires properties from Canadian REIT

  • By Kevin McQuaid
  • | 6:00 a.m. August 10, 2018
  • | 0 Free Articles Remaining!
  • Commercial Real Estate
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Affiliates of New York-based Apollo Global Management LLC, a private equity firm with roughly $100 billion in assets under management, have acquired a trio of Gulf Coast retail centers for a combined $49.2 million.

Apollo bought the properties, in Naples, Clearwater and Dunedin, from H&R REIT, a Canadian firm based in Ontario.

 

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