M&A: Cohen & Steers Income Opportunities REIT, Inc.

Form Type: 8-K

Filing Date: 2024-12-23

Corporate Action: Acquisition

Type: New

Accession Number: 000119312524283757

Comments: Cohen & Steers Income Opportunities REIT, Inc. completed the acquisition of the Bridgepointe Shopping Center in San Mateo, California. The acquisition was executed through Core Power Acquisitions, LLC, a wholly-owned subsidiary of a joint venture with The Sterling Organization, and followed a purchase agreement initiated on October 16, 2024. The transaction closed on December 20, 2024, at a total purchase price of approximately $127.0 million, funded via proceeds from private and public offerings, along with third-party mortgage financing. A press release detailing this acquisition was issued on December 23, 2024, and is attached as Exhibit 99.1. Financial statements related to the acquisition are to be filed within the regulatory time frame stipulated under the SEC guidelines.

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