The proposed buyer of Dixon Advisory’s troubled US Masters Residential Property Fund’s $US507 million portfolio of New Jersey homes and apartments has walked away from the deal, marking another controversial chapter for the troubled fund.
that did not intend to support it, the reason cited for the collapse of the deal after a period of due-diligence adds further intrigue. “The fund has been advised that this termination was due to a perceived deterioration in market conditions by the buyer, notably a markedly increased interest rate environment and broader economic uncertainty, and the buyer was unwilling to proceed on the agreed terms,” a statement to the exchange said.
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:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Teen gunman kills 14 students and one teacher in US school shootingMore than a dozen children are dead after a former student stormed into an elementary school and opened fire in the US state of Texas on Tuesday morning. That is so fucked up. Sending your kids to school should be considered safe, well it is in most parts of the world accept the US. Tragic
Source: SkyNewsAust - 🏆 7. / 78 Read more »
14 students and one teacher killed in horrific mass shooting at US primary schoolAt least fourteen students and one teacher have been killed in a horrific mass shooting at a Texas primary school. 7NEWS It all the online trolls that get banned because they speaking out or defending themselves. Almost every movie has mass violence and most music videos have girls dancing in lingerie infront of gangsters. What do you expect.
Source: 7NewsMelbourne - 🏆 18. / 59 Read more »
‘The US is completely insane’: David Cronenberg on Roe v Wade at Cannes film festivalThe Canadian director made the comments at a press conference for his latest body horror film Crimes of the Future
Source: GuardianAus - 🏆 1. / 98 Read more »
NBA coach’s fiery accusation in powerful US gun violence speechGolden State Warriors coach Steve Kerr has accused 50 senators of holding the United States hostage after children were targeted during another senseless mass shooting in Texas. 7NEWS
Source: 7NewsMelbourne - 🏆 18. / 59 Read more »
US police hunt woman accused of killing elite cyclist amid alleged love rivalryKaitlin Armstrong, 35, wanted by authorities after Anna Moriah Wilson, 25, found dead in Texas just days before bike race It’s just as wrong to use this ‘love rivalry’ type of language when murderer is a woman. She chose to murder someone because she felt entitled to something she couldn’t have. 😡 as male murderers do in FDV settings
Source: GuardianAus - 🏆 1. / 98 Read more »