WP Carey Inc, one of the country's largest owners of net-leased real estate, has completed $16 billion of property acquisitions so far this year, putting it well on its way to reaching its expectation of up to $21 billion of deals for the year...
Commercial Real Estate Direct Staff Report UDR Inc and Apollo Global Management Inc have agreed to form a joint venture that will own 19 apartment communities totaling 7,059 units valued at $2 billion Apollo, of New York, is investing $134 billion...
Jones Lang LaSalle Inc has launched a non-traded mortgage REIT that would originate and acquire a variety of commercial real estate debt instruments...
Commercial Real Estate Direct Staff Report The board of RREEF Property Trust Inc, a non-traded REIT that was formed in 2013 by an affiliate of DWS Group, has adopted a plan of liquidation The plan now goes before the company’s shareholders If...
Independence Realty Trust Inc has agreed to acquire Centerspace in a stock transaction valued at $215 billion, including assumed liabilities Under terms of the agreement, every Centerspace common share and operating partnership unit will be...
American Strategic Investment Co, the former New York City REIT Inc that owns five commercial properties in New York City, has warned that it has "substantial doubt" about its ability to remain a going...
Goldman Sachs has agreed to acquire LCN Capital Partners, a New York investment manager specializing in the net-leased property sector, in a deal valued at up to $410 million The investment banking giant is making a $260 million upfront payment,...
Commercial Real Estate Direct Staff Report H&R REIT, one of Canada’s largest REITs, has reached an agreement to sell itself in a deal valued at roughly $481 billion, including assumed debt The Toronto company is selling its apartment...
The major apartment-owning REITs during the second quarter more than doubled their investment activity when compared with the first, thanks in part to a rebound in their share prices Still, investment volume remained well below the $148 billion of...
The nation's largest apartment REITs, which own 493,639 units, are falling behind the broader market in terms of rent growth But the rents they're generating remain at levels higher than the national average...
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.
