url2: http://newsformal.com/my/news-42034441Dallas company to spend more than $700 million on RV parks | Malaysia
News Formal

Dallas company to spend more than $700 million on RV parks

  • 📰 dallasnews
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Dallas-based real estate development firm RREAF Holdings LLC acquired five RV parks in Alabama, Florida and Texas for $157 million, the company said Wednesday.

RREAF Holdings has divisions across many different real estate sectors including multifamily, hospitality, resorts and student housing. The firm and its partners manage more than $4.5 billion in assets across 15 states.Advertisement

RREAF Holdings CEO Kip Sowden said evolved remote work and school options stimulated the RV industry and that the company plans on being a significant player in the space.according to the RV Industry Association“For years, we have seen the demand for more RV parks across the U.S. grow,” said chief investment officer Graham Sowden.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Yellow Trucking Company Files for Bankruptcy After Receiving $700 Million Pandemic BailoutThe trucking company, which received a $700 million bailout during the pandemic, has filed for bankruptcy due to unsuccessful union negotiations and over $1 billion in debt. The company laid off employees and ceased operations in preparation for the bankruptcy filing.
Source: CBSNews - 🏆 87. / 68 Read more »

Trucking company files for bankruptcy after receiving $700 million in taxpayer dollarsYellow Corp, a major U.S. trucking company, has declared bankruptcy after receiving $700 million in taxpayer funds during the pandemic. The company's bankruptcy filing has cost 30,000 jobs and is expected to lead to increased prices on various goods. The company cited recent union negotiations as a major factor in its financial struggles.
Source: dcexaminer - 🏆 6. / 94 Read more »