Subject: REIT Unsecured Debt (UNSEC)

Ryman Hospitality Properties Inc., which earlier this week had struck a deal to pay $800 million, or $798,403/room, for the 1,002-room JW Marriott San Antonio Hill Country Resort & Spa, is funding the purchase with proceeds from an offering of ...

Commercial Real Estate Direct Staff Report SL Green Realty Corp. reported a decline in occupancy in the second quarter, to 92 percent from 92.7 percent in the first quarter. Meanwhile, the New York REIT, which owns 64 office buildings with ...

Simon Property Group, which in December had retired $823.88 million of CMBS loans against nine of its malls, still faces seven CMBS loan maturities totaling $1.02 billion this year, according to analysis by Barclays Capital. In total, the Indianapolis REIT ...

Xenia Hotels & Resorts Inc. has issued $300 million of five-year senior secured notes with a coupon of 6.375 percent. The Orlando, Fla., REIT used some of the proceeds from the private offering, which priced at par, to repay about ...

CBL & Associates Properties Inc. on Wednesday became current on the missed debt-service payments against $1.1 billion of unsecured debt it carries. It used cash on hand to make the $30.4 million of payments it had missed.

Commercial Real Estate Direct Staff Report Alexandria Real Estate Equities has priced a $1 billion offering of 13-year unsecured notes with a coupon of 1.875 percent. Proceeds from the issue will be used to retire a $500 million issue of ...

Houston Business Journal Construction is underway on a 116,500-square-foot medical-office building in Houston. Healthpeak Properties Inc. is developing the five-story property at 7500 Fannin St. It already is 36 percent preleased and will include a parking garage that's being built ...

CBL & Associates Properties Inc. said it didn't make the $18.6 million interest payment that was due yesterday on an issue of senior unsecured notes that mature in December 2026. Earlier this month, the Chattanooga REIT missed an $11.8 million interest ...

CBL & Associates Properties Inc. said it didn't make the $11.8 million interest payment that was due June 1 on an issue of senior unsecured notes it has outstanding. It said it failed to make the payment in order to ...

Commercial Real Estate Direct Staff Report Ladder Capital Corp. has increased its cash position to $830 million from $358 million at the end of March. It's also increased the volume of assets on its balance sheet that are unencumbered by ...