Choice Properties (REIT) and KingSett Capital to Acquire First Capital REIT

First Choice Healthcare Solutions (FCHS) to Acquire Florida Medical and Pharmacy Businesses

August 19, 2026

Healthcare Services

First Choice Healthcare Solutions (FCHS) has entered into a definitive agreement to acquire several Florida-based medical and pharmacy businesses in a deal valued at up to $21.306 million. The transaction is conditioned on the completion of FCHS’s previously announced business combination with Westin Acquisition Corp.

KingSett Capital and Choice Properties REIT to Acquire First Capital REIT in $9.4B Deal

April 16, 2026

Real Estate

KingSett Capital (via KingSett Real Estate Growth LP No. 8 and other investors) and Choice Properties REIT have entered into an arrangement agreement to acquire First Capital REIT in a unit-and-cash transaction valued at approximately C$9.4 billion (including assumed debt). Upon closing, Choice Properties will acquire about C$5.0 billion of grocery-anchored, necessity-based neighborhood shopping centre assets, while KingSett will acquire about C$4.4 billion of the remaining First Capital assets and all issued and outstanding First Capital units.

Anchor Health Properties Acquires Majority Interest in Chestnut Funds (forming Anchor Health Capital)

January 5, 2026

Financial Services

Anchor Health Properties has acquired a majority interest in Chestnut Funds, which will operate as Anchor Health Capital, a fund advisory and investment management subsidiary. The combination creates a vertically integrated platform to expand Anchor’s healthcare real estate investment capabilities and capital flexibility; Chestnut co‑founder Steen Watson will continue to lead the new subsidiary as President.

Choice Hotels International Acquires Remaining Stake in Choice Hotels Canada from InnVest Hotels

August 6, 2025

Restaurants & Hospitality

Choice Hotels International acquired the remaining 50% stake in Choice Hotels Canada from long-time joint venture partner InnVest Hotels for approximately $112 million, completing the transaction in July 2025. The move converts the Canadian business from a master-franchise model to a direct franchising model to accelerate growth across Canada, expand Choice's full 22-brand owner success system, and consolidate operations under Choice Hotels International leadership.

Cresset Acquires CH Investment Partners

October 19, 2024

Wealth Management

Cresset Asset Management has acquired CH Investment Partners, a $6.2 billion multi-family office serving ultra-high-net-worth families. The deal brings CH’s team and client relationships into Cresset’s platform and expands the combined firm’s assets under management to more than $62 billion.

Fortress, Canyon Partners and Others Invest $228M in First Foundation

July 9, 2024

Financial Services

First Foundation closed a $228 million equity financing with investments from affiliates of Fortress Investment Group, Canyon Partners, Strategic Value Bank Partners, North Reef Capital and other investors. The company issued common and preferred shares and seven‑year warrants in the transaction; Jefferies served as exclusive placement agent. The capital is intended to strengthen First Foundation's balance sheet and support its growth as a regional bank and wealth manager.