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...
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...
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...
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...
Simon Property Group has acquired the 12% stake it didn’t already own in Taubman Realty Group The Indianapolis REIT acquired an 80% stake in Taubman, of Bloomfield Hills, Mich, in 2020 in a deal valuing the company at $69 billion, including...
A venture of Makarora Management and Ares Management Corp has agreed to buy Plymouth Industrial REIT Inc for $22/share in an all-cash deal valued at about $213 billion, including the assumption of debt Plymouth is a former non-traded REIT...
Kennedy Wilson has agreed to buy Toll Brothers’ Apartment Living platform, through which the homebuilder developed apartment and student-housing properties, for $347 million The sale by Toll Brothers allows the Fort Washington, Pa, company to...
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.
