The Chattanooga, Tenn, REIT, which filed for bankruptcy in 2021 and was able to eliminate $17 billion of debt and preferred equity through its restructuring, has stopped making payments against the three properties' mortgages, which have a total...
Commercial Real Estate Direct Staff Report Cousins Properties Inc recorded 21 million square feet of leasing last year, marking the office REIT’s best year since 2019 The Atlanta company has benefited from the corporate migration to the...
Commercial Real Estate Direct Staff Report Realty Income Corp, which launched its debut commingled fund last year, has raised $15 billion from more than 40 investors for the open-ended vehicle, Realty Income US Core Plus Fund LP The fund, which...
The nine major apartment-owning REITs were challenged to push rents higher last year, as new leases generally were signed at prices lower than existing...
Commercial Real Estate Direct Staff Report GO Residential REIT, which recently was formed to invest in luxury apartment buildings in Manhattan and other major US cities, has struck a deal to buy three additional properties with 624 units for $3805...
Last year marked the second in a row in which the sales volume of apartment properties increased Signs indicate that volumes should continue...
Vornado Realty Trust Inc leased 37 million square feet of office space at its Manhattan properties last year, marking its best year in more than a decade In 2024, it leased 265 million...
Veris Residential Inc, the former Mack-Cali Realty Corp, has agreed to be acquired by an investor group led by Affinius Capital for $19/share, or $178 billion The Jersey City, NJ, REIT said the deal represents an enterprise value of $34 billion It...
Orion Properties Inc, which late last year expressed "substantial doubt" about its ability to continue as a going concern because of a pair of looming debt maturities, has addressed those issues, including extending the maturity of a $355 million...
KKR Real Estate Finance Trust Inc has set a goal of cleaning up its portfolio this year by sharply reducing its real estate-owned assets It also plans to reduce its exposure to loans it has on its...
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.
