Prudential Real Estate Investors has raised $430 million from a group of institutional investors for its Asian Property Partners fund. It has already invested $70 million of the capital.
Accor, the French lodging company that controls the Motel Six chain is offering to buy Columbus-based Red Roof Inns for $1.17 billion.
Cigna Investments and John Hancock Mutual Life provided $78 million of financing on Philadelphia's Two Logan Square office building.
The investment boutique, which has been capitalizing its investments through small funds raised from high net-worth individuals, is considering raising a larger fund, of $100 million to $150 million, from a broader array of investors. Its earlier funds are all...
Inland American Real Estate Trust has agreed to buy RLJ Urban Lodging Fund, which owns 22 hotels with 4,061 rooms, in a deal valued at $920 million. RLJ Urban Lodging is led by Robert L. Johnson, founder of Black Entertainment...
The investment boutique, which has been capitalizing its investments through small funds raised from high net-worth individuals, is considering raising a larger fund, of $100 million to $150 million, from a broader array of investors. Its earlier funds are all...
Fitch Ratings has found that a whopping 60.1 percent of securitized loans resolved by special servicers last year saw no losses. That's due largely to market liquidity and the healthy real estate market, which allowed borrowers to more readily refinance...
Inland American Real Estate Trust has agreed to buy RLJ Urban Lodging Fund, which owns 22 hotels with 4,061 rooms, in a deal valued at $920 million. RLJ Urban Lodging is led by Robert L. Johnson, founder of Black Entertainment...
Fitch Ratings has found that a whopping 60.1 percent of securitized loans resolved by special servicers last year saw no losses. That's due largely to market liquidity and the healthy real estate market, which allowed borrowers to more readily refinance...
Landhuis Co. has decided against selling all but one of the Tulsa, Okla., properties it placed on the sales block as part of a 1 million square foot portfolio. An investor was close to sewing up the purchase of the...
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© 2023 Commercial Real Estate Direct All rights reserved..