Michaels Organization plans a $500M+ investment in US Army housing over 5 years via bond issuance.
Michaels Organization, a residential real estate leader, plans a $500M+ investment in its US Army housing portfolio over 5 years. The funds will improve 7 Army installations, funding new home development, renovations, rehabilitations, infrastructure improvements, and new amenities. The substantial reinvestment, the largest in Michaels' history, will be partly financed through a $305M bond issuance.
March 06, 2024
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