Blank-check companies might be on their way back So far this year, 20 SPACS have been launched targeting just more than $48 billion through their initial public offerings Among them is Cantor Fitzgerald & Co, which might end up targeting a real...
Apollo Commercial Real Estate Finance Inc has agreed to sell its entire portfolio of commercial mortgages to Athene Holding Ltd, after which it will evaluate pursuing a different business strategy or strategic transaction that could include its...
Meadow Partners has made a $62 million preferred equity investment in the 51 Astor Place office building in Manhattan’s Midtown South submarket The 386,000-square-foot property is owned by a venture of Edward J Minskoff Equities and the...
Commercial Real Estate Direct Staff Report Ashford Hospitality Trust Inc, which last month launched an effort to evaluate strategic alternatives, has negotiated the term extension, through July 9, of the $7336 million loan against 18 hotels it...
Eastham Capital has raised $160 million of a targeted $500 million for its latest multifamily investment fund The vehicle, Eastham Capital Fund VII, targets value-add multifamily properties with 100 or more...
San Antonio Business Journal Medcore Partners has lined up $694 million of financing for its purchase of Franklin Park Alamo Heights, a 221-unit seniors-housing complex in San Antonio Forbright Bank provided the loan Medcore, a Dallas real estate...
A venture of Elliott Investment Management LP and Morning Calm Management has acquired City Office REIT Inc, a Vancouver, British Columbia, REIT with a portfolio of 49 office buildings totaling 54 million square feet in eight major markets The...
Benefit Street Partners has raised $3 billion of investor commitments for a follow-up real estate credit fund, BP Real Estate Opportunistic Debt Fund II The fund is a follow-up to a $518 million vehicle the New York investment manager raised in 2022...
Netflix Inc's agreement to buy Warner Bros Discovery Inc in a deal valued at $827 billion could upend not only the movie theater industry but the office and production studio business in the Los Angeles area ...
Transaction activity in the sale-leaseback market increased by nearly 7% in the third quarter from the second, according to SLB Capital Advisors Given the rise in M&A activity, sale-leaseback deal volume is expected to continue increasing, despite...
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