The major apartment-owning REITs during the second quarter more than doubled their investment activity when compared with the first, thanks in part to a rebound in their share prices Still, investment volume remained well below the $148 billion of...
The nation's largest apartment REITs, which own 493,639 units, are falling behind the broader market in terms of rent growth But the rents they're generating remain at levels higher than the national average...
Camden Property Trust has sold its 11 California apartment properties with 3,609 units for $163 billion, marking the company's exit from the state after 28 years...
Commercial Real Estate Direct Staff Report DiamondRock Hospitality Co is once again considering putting its 1,200-room Chicago Marriott Downtown Magnificent Mile hotel on the sales block Two years ago, the Bethesda, Md, REIT classified the property...
Commercial Real Estate Direct Staff Report BXP Inc has generated $36851 million of proceeds from the sale of properties this year through June That brings total proceeds from asset sales for the Boston REIT to $125 billion The company, which in 2025...
Since the start of the year, REITs have generated a 149% total return to investors, according to NAREIT, beating the Russell 1000 stock index by 46 percentage points That's a reversal from last year, when the index's 174% return beat REIT returns by...
A venture of Brookfield Asset Management and the Canada Pension Plan Investment Board has agreed to buy LXP Industrial Trust, formerly Lexington Realty Trust, for $6120/share in a deal valued at roughly $52 billion, including the assumption of debt...
The major public mortgage REITs originated $52 billion of commercial real estate loans during the first quarter But their collective portfolios shrunk by 1% to $8237...
Slate Grocery REIT, which owns 115 retail properties, most of which are anchored by grocery stores, has formed a committee to evaluate strategic alternatives The Toronto REIT is affiliated with and managed by Slate Asset Management, a Toronto...
AvalonBay Communities and Equity Residential have agreed to merge, creating the nation's largest publicly traded apartment REIT with an enterprise value of $69...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
