Subject: REITS -general (REITS)

A venture of Makarora Management and Ares Management Corp. has agreed to buy Plymouth Industrial REIT Inc. for $22/share in an all-cash deal valued at about $2.13 billion, including the assumption of debt. Plymouth is a former non-traded REIT headquartered ...

Site Centers Corp. has struck a deal to sell three of its shopping centers in New Jersey, Ohio, and Pennsylvania to Haverford Retail Partners for $126 million. The properties are well leased and generate an annualized $10.95 million of base ...

Commercial Real Estate Direct Staff Report Tarsadia Capital, which holds a 3.4% stake in Sunstone Hotel Investors Inc., is urging the Aliso Viejo, Calif., REIT to put its properties on the sale market or pursue a sale of the company ...

The collective loan portfolio of the 16 major publicly registered companies that specialize in originating short-term commercial mortgages shrunk by just more than 18% to $80.6 billion since 2022.

Investment manager Conversant Capital LLC has committed to invest up to $300 million in Bond Street REIT, which specializes in convenience retail centers, particularly in the southeastern United States, Texas, and Indiana. The capital will allow Bond Street, which was ...

Bloomberg Elliott Investment Management has acquired a substantial stake in Rexford Industrial Realty Inc., a Los Angles REIT that owns 422 industrial properties with 51.02 million square feet in Southern California. Rexford, whose portfolio is 89.2% occupied, was founded in ...

Braemar Hotels & Resorts Inc., which was formed 12 years ago through the spin-off of Ashford Hospitality Trust Inc.'s high-end hotels, has put itself on the sales block. The REIT said a special committee of directors that it formed, with ...

Commercial Real Estate Direct Staff Report Centerspace is close to selling 12 apartment properties with a total of 1,511 units in Minnesota. The Minot, N.D., REIT expects the sale of its five St. Cloud, Minn., properties, which have 832 units, ...

Morgan Properties, already one of the country's largest apartment owners, has struck a deal to buy Dream Residential REIT of Toronto and its 15 Midwest apartment properties, adding 3,300 units to the Conshohocken, Pa., company's portfolio.

Commercial Real Estate Direct Staff Report Piedmont Office Realty Trust signed 57 leases for 712,000 square feet of office space during the second quarter. While that compares with the 1.04 million sf it leased during the same period a year ...