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...
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...
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...
Commercial Real Estate Direct Staff Report Camden Property Trust, which owns 171 apartment properties with 58,425 units, primarily in the country’s Sunbelt region, continued to benefit from migration to its markets In the second quarter, 203...
Commercial Real Estate Direct Staff Report Pebblebook Hotel Trust sold its 208-room Marker San Francisco hotel to Stockdale Capital Partners for $77 million, or $370,192/room It had completed the property’s sale in late June, but the buyer at...
Commercial Real Estate Direct Staff Report UDR Inc has reduced its 2022 apartment acquisition goal to $208 million from $600 million The Highlands Ranch, Colo, REIT, which has a portfolio of 181 apartment properties with 58,328 units throughout the...
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.
Subscribe to our Weekly Newsletter!
