David Simon, chairman, chief executive and president of Simon Property Group, died yesterday after a two-year battle with cancer He was 64 Simon joined the Indianapolis REIT’s predecessor in 1990, shepherding the mall owner through its initial...
Commercial Real Estate Direct Staff Report Empire State Realty Trust Inc recorded 847,598 square feet of office leasing during 2025 That compares with the 127 million sf of leasing it recorded during the previous year But the New York REIT’s...
Apollo Global Management has agreed to invest $1 billion in a newly created venture with Realty Income Corp that will own roughly 500 of the REIT's retail...
Sound Point Capital, which originated $650 million of commercial mortgages last year, is expected to increase that to $1 billion this year...
The Chattanooga, Tenn, REIT, which filed for bankruptcy in 2021 and was able to eliminate $17 billion of debt and preferred equity through its restructuring, has stopped making payments against the three properties' mortgages, which have a total...
Commercial Real Estate Direct Staff Report Cousins Properties Inc recorded 21 million square feet of leasing last year, marking the office REIT’s best year since 2019 The Atlanta company has benefited from the corporate migration to the...
Commercial Real Estate Direct Staff Report Realty Income Corp, which launched its debut commingled fund last year, has raised $15 billion from more than 40 investors for the open-ended vehicle, Realty Income US Core Plus Fund LP The fund, which...
The nine major apartment-owning REITs were challenged to push rents higher last year, as new leases generally were signed at prices lower than existing...
Commercial Real Estate Direct Staff Report GO Residential REIT, which recently was formed to invest in luxury apartment buildings in Manhattan and other major US cities, has struck a deal to buy three additional properties with 624 units for $3805...
Last year marked the second in a row in which the sales volume of apartment properties increased Signs indicate that volumes should continue...
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.
