Commercial Real Estate Direct Staff Report GIC, Singapore’s sovereign wealth fund, and Oak Street Real Estate Capital have agreed to acquire STORE Capital Corp in a deal valued at $1409 billion Under terms of their agreement, the GIC/Oak...
Blackstone Group expects to complete its proposed $36 billion purchase of Bluerock Residential Growth REIT Inc in early October, when it’s slated to spin off the latter’s single-family rental business Blackstone, through its Blackstone...
Commercial Real Estate Direct Staff Report Griffin Realty Trust Inc has sold a majority stake in a portfolio of 41 suburban office properties comprised of 53 buildings with 8 million square feet to a venture of Workspace Property Trust and GIC, the...
The Miami mortgage REIT originated 15 loans with a balance of $22 billion during the second quarter, increasing its portfolio of loans to $1987 billion It noted that two-thirds of its portfolio was originated since the start of the coronavirus...
Commercial Real Estate Direct Staff Report Boston Properties completed 19 million square feet of leasing during the second quarter, up 160 percent from the first quarter and substantially more than its average second-quarter volume “The second...
Commercial Real Estate Direct Staff Report Safehold Inc and iStar Inc, as expected, have agreed to merge in a deal that brings in MSD Partners as a substantial investor and moves Safehold closer to achieving an A credit rating Safehold, which...
REJournalscom Friedman Real Estate has paid $46 million, or $3740/sf, for four industrial buildings with a total of 123 million square feet in Waterford, Mich, and Liverpool, NY The Farmington Hills, Mich, company purchased the portfolio in a...
Declining property prices, driven by higher capitalization rates, have prompted NexPoint Residential Trust Inc to pause its disposition efforts The Dallas REIT had planned to sell two apartment properties in Houston, but has decided to hold off for...
Commercial Real Estate Direct Staff Report Safehold Inc, which iStar Inc took public five years ago, is in talks to merge with its former parent Safehold, which specializes in buying and structuring ground leases, said a special committee of its...
Inline store sales at the 44 shopping malls owned by Macerich Co increased in the second quarter by 76 percent from a year ago, to $860/sf That's the highest-ever store sales level recorded by the REIT and is 11 percent greater than levels reached...
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