For the first time since 2012, no office space is under construction in Chicago, according to Newmark, and only one office property was brought online during the first quarter.
AvalonBay Communities and Equity Residential have agreed to merge, creating the nation's largest publicly traded apartment REIT with an enterprise value of $69 billion.
Kohan Retail Investment Group has purchased the Pecanland Mall in the northern Louisiana city of Monroe, giving it its second shopping mall in the state. It also owns the Pierre Bossier Mall in Bossier City, which it also bought from...
MF1 Capital, best known as a provider of bridge financing against apartment properties, is tapping the CMBS market with a $734.22 million conduit-like transaction backed by fixed-rate loans against apartment properties.
Industrial Realty Group is contributing 98 of its properties with 48 million square feet into Sachem Capital Corp., a publicly traded mortgage REIT that will be renamed IRG Realty Trust Inc. The transaction will result in the creation of a...
CBL & Associates Properties Inc. is in talks to turn its Parkdale Mall and Crossing retail properties in Beaumont, Texas, over to its CMBS lender, which holds a $47.55 million loan against them.
The major apartment-owning REITs pulled back on acquisitions in the first quarter, reducing their purchases by nearly three-quarters when compared with last year.
Simon Property Group addressed three-quarters of its 2026 lease maturities during the first three months of this year at mid-single digit leasing spreads. Meanwhile, store sales increased by nearly 12%. Other public mall owners also reported healthy leasing and sales...
The Santa Monica, Calif., mall owner still has $300 million to $400 million of properties to get rid of before completing its Path Forward plan, an effort designed to reduce its overall leverage level and leave it with a portfolio...
The U.S. Department of Housing and Urban Development's multifamily and healthcare lending programs were on fire during the first half of the agency's fiscal year, with a total of $10.95 billion of loans being originated. That puts the year on...
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