A San Francisco investor group comprised of Prado Group and Presidio Bay Ventures, which had come close to sewing up a deal to buy the beleaguered San Francisco Centre shopping mall, will not be buying the 145 million-square-foot property, according...
It appears the Valley West Mall in West Des Moines, Iowa, is once again under contract to be sold The 856,428-square-foot shopping center had been expected to sell for $131 million to the city of West Des Moines, which was working with ATI Group,...
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...
The proposed $131 million sale of the Valley West Mall in West Des Moines, Iowa, to the city has fallen apart The enclosed shopping mall has been under the oversight of a court-appointed receiver since 2022 It backs a $3742 million mortgage that's...
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...
Industrial Realty Group is contributing 98 of its properties with 48 million square feet into Sachem Capital Corp, a publicly traded mortgage REIT that will be renamed IRG Realty Trust Inc The transaction will result in the creation of a sizable...
The major apartment-owning REITs pulled back on acquisitions in the first quarter, reducing their purchases by nearly three-quarters when compared with last...
Simon Property Group addressed three-quarters of its 2026 lease maturities during the first three months of this year at mid-single digit leasing spreads Meanwhile, store sales increased by nearly 12% Other public mall owners also reported healthy...
The Santa Monica, Calif, mall owner still has $300 million to $400 million of properties to get rid of before completing its Path Forward plan, an effort designed to reduce its overall leverage level and leave it with a portfolio of 31...
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