Commercial Real Estate Direct Staff Report Camden Property Trust’s portfolio of 172 apartment properties with 58,702 units, primarily in the country’s Sunbelt region, saw its occupancy rate decline to 958 percent in the fourth quarter...
The Boston REIT completed 114 million square feet of leasing during the fourth quarter, down from 145 million sf in the third quarter But despite volume at 95 percent of what the company has leased on average annually over the past 10 years, it...
Vornado Realty Trust said its fourth-quarter financial results would include an impairment charge of roughly $600 million A total of roughly $480 million of that write-down is tied to the value of a portfolio of Manhattan properties that it had sold...
Kushner Cos, which late last year had offered to buy Veris Residential Inc for $16/share, is no longer interested in purchasing the Jersey City, NJ, REIT That’s according to Veris, which yesterday said it had held talks with Kushner after it...
Commercial Observer A venture of PH Realty Capital and Rockledge has paid $336 million for a portfolio of six apartment buildings in the South Bronx, NY The buildings, at 111-119 Tudor Place, 1170-1176 Walton Ave and 309 164th St, were purchased...
Centerbridge Partners and GIC Real Estate have offered to buy the remainder of INDUS Realty Trust Inc for $65/share INDUS is a New York REIT that until the end of 2020 was known as Griffin Industrial REIT Inc It owns 42 industrial properties with 61...
Commercial Real Estate Direct Staff Report Vornado Realty Trust reported 450,000 square feet of leasing activity in its entire 20 million-sf portfolio during the third quarter Of that, 229,000 sf involved transactions at its New York buildings Both...
JPMorgan Asset Management has stepped into the non-traded REIT world, becoming the latest institutional investment manager to take aim at retail investors It's completed its first investment, a piece of a mezzanine loan on a Tennessee apartment...
Starwood Property Trust originated 10 mortgages with a balance of $936 million in the latest quarter - an uncharacteristically high volume for a mortgage REIT, most of which moved largely to the sidelines as interest rates continued to creep higher...
Ladder Capital Corp originated only $159 million of loans during the third quarter, its lowest quarterly volume since the first quarter of 2021, when it had originated $114 million of loans Its lending has slowed substantially as a result of higher...
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.
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