Nuveen Floating Rate Income Fund shares rise 9.58% premarket after Newmark's largest student housing portfolio sale in the U.S.
ByAinvest
Thursday, Apr 17, 2025 8:05 am ET1min read
JFR--
Nuveen Floating Rate Income Fund rose 9.58% in premarket trading, with Newmark Group, Inc. announcing the sale of a five-property student housing portfolio comprising 1,248 units and 3,693 beds across four states. This transaction marks the largest student housing portfolio sale in the U.S. so far this year.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet