CBRE Investment Management acquires Tenet Equity for $1.6 billion
Cerberus announced the sale of Tenet Equity to CBRE Investment Management ($CBRE) for $1.6 billion. CBRE’s investment-management business completed the purchase on behalf of several investment strategies. Tenet specializes in US middle-market corporate real estate, providing companies with sale-and-leaseback financing and other property-based capital solutions while allowing them to continue operating from their facilities. Tenet’s portfolio includes more than 200 properties totaling approximate
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