Blackstone Group’s real estate assets under management increased in the second quarter by 24 percent to $2075 billion, when compared with a year ago The giant investment manager has a total of $68403 billion of assets under management, which...
Commercial Real Estate Direct Staff Report Fannie Mae and Freddie Mac funded a total of $596 billion of multifamily loans during the first half, down 67 percent from the $639 billion they funded during the same period last year Freddie funded $272...
Commercial Real Estate Direct Staff Report A total of $596 billion of property sales transactions took place in June, taking volume for the first half of the year to 16,228 properties totaling $25147 billion, according to Real Capital Analytics The...
Average daily rates generated by US hotels slipped to $13919 for the week through July 17 from the all-time high of $13984 recorded the previous week, according to STR But the Hendersonville, Tenn, research company noted that ADR remains 18 percent...
Phillips Edison & Co formally has listed its common shares, pricing 17 million at $28 apiece, allowing it to raise $476 million That’s not including a 255 million-share overallotment, which would increase proceeds to $5474 million The...
Kite Realty Group Trust has agreed to acquire Retail Properties of America Inc in an all-stock transaction valued at $28 billion, plus the assumption of $2 billion of debt The resulting company, which would keep the Kite Realty name, would own 185...
Commercial Real Estate Direct Staff Report The July 4th holiday and vacations resulted in a drop in the percentage of employees working from their offices during the week through July 7, to 31 percent from 327 percent the prior week, according to...
Tenants signed 427 million square feet of office leases in Manhattan during the second quarter, according to CBRE While that's an 11 percent increase from the 38 million sf of leases signed a year ago, during the early stages of the coronavirus...
Only 327 percent of employees in the 10 largest markets in the country worked from their offices for the week through June 30, according to Kastle Systems, a Falls Church, Va, company that installs security systems in office properties That is up...
The US hotel occupancy rate declined to 654 percent during the week through July 3 from 699 percent a week earlier, according to STR But the Hendersonville, Tenn, research company attributed the decline to the July 4th holiday It noted that 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.
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