The major public mortgage REITs originated $5.2 billion of commercial real estate loans during the first quarter. But their collective portfolios shrunk by 1% to $82.37 billion.
Slate Grocery REIT, which owns 115 retail properties, most of which are anchored by grocery stores, has formed a committee to evaluate strategic alternatives. The Toronto REIT is affiliated with and managed by Slate Asset Management, a Toronto investment manager ...
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.
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 ...
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 ...
Commercial Real Estate Direct Staff Report Weak demand for space from biotechnology companies helped contribute to a drop in the occupancy rate of Alexandria Real Estate Equities Inc.'s portfolio to 87.7% in the first quarter from 91.7% a year ago. ...
Commercial Real Estate Direct Staff Report Blackstone is aiming to raise $1.75 billion through its data-center REIT, Blackstone Digital Infrastructure Trust Inc. Early last month, the giant investment manager filed its plans with regulators to raise public capital for the REIT, ...
The major mortgage REITs, which originated nearly $50 billion of commercial mortgages in 2021, originated $22.5 billion of loans last year. While far off the record volume of five years ago, it's roughly four times 2024's total volume.
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