Subject: REITS -general (REITS)

Commercial Real Estate Direct Staff Report Camden Property Trust's portfolio of 172 apartment properties with 58,702 units, primarily in the country's Sunbelt region, saw its occupancy rate decline to 95.8 percent in the fourth quarter from 96.6 percent in the ...

The Boston REIT completed 1.14 million square feet of leasing during the fourth quarter, down from 1.45 million sf in the third quarter. But despite volume at 95 percent of what the company has leased on average annually over the ...

Vornado Realty Trust said its fourth-quarter financial results would include an impairment charge of roughly $600 million. A total of roughly $480 million of that write-down is tied to the value of a portfolio of Manhattan properties that it had ...

Kushner Cos., which late last year had offered to buy Veris Residential Inc. for $16/share, is no longer interested in purchasing the Jersey City, N.J., REIT. That's according to Veris, which yesterday said it had held talks with Kushner after it ...

Centerbridge Partners and GIC Real Estate have offered to buy the remainder of INDUS Realty Trust Inc. for $65/share. INDUS is a New York REIT that until the end of 2020 was known as Griffin Industrial REIT Inc. It owns ...

Commercial Real Estate Direct Staff Report Vornado Realty Trust reported 450,000 square feet of leasing activity in its entire 20 million-sf portfolio during the third quarter. Of that, 229,000 sf involved transactions at its New York buildings. Both numbers were ...

JPMorgan Asset Management has stepped into the non-traded REIT world, becoming the latest institutional investment manager to take aim at retail investors. It's completed its first investment, a piece of a mezzanine loan on a Tennessee apartment property, and has ...

Starwood Property Trust originated 10 mortgages with a balance of $936 million in the latest quarter - an uncharacteristically high volume for a mortgage REIT, most of which moved largely to the sidelines as interest rates continued to creep higher. ...

Ladder Capital Corp. originated only $159 million of loans during the third quarter, its lowest quarterly volume since the first quarter of 2021, when it had originated $114 million of loans. Its lending has slowed substantially as a result of ...

Commercial Real Estate Direct Staff Report Equity Residential isn't too concerned that rising inflation will impact its portfolio of 308 apartment properties with 79,594 units. Its tenants simply are relatively affluent and generally are employed in what the company calls ...