389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
Commercial Real Estate Direct Staff Report Vornado Realty Trust has turned cautious in the face of higher interest rates and as it prepares to address its upcoming debt maturities. The New York REIT has suspended its regular quarterly common stock ...
Ashford Hospitality Trust Inc. has negotiated the extension of two large CMBS loans totaling $1.12 billion. To ease the process, it paid down the loans by a total of $95 million. It's now in talks to negotiate an extension of ...
Commercial Real Estate Direct Staff Report Simon Property Group has added its Oxford Valley Mall in suburban Philadelphia to its list of "other properties," indicating it doesn't plan to invest additional capital into it. A total of 1.24 million square ...
KKR Real Estate Finance Trust didn't originate any loans during the first quarter, but funded $204 million under loans that had closed in previous periods. The company continues to maintain a posture of preserving liquidity and has built up its ...
Commercial Real Estate Direct Staff Report SL Green Realty Corp. signed 41 leases totaling 504,682 square feet at its office properties. That was up substantially from the 196,421 sf it had signed during the fourth quarter. Still, occupancy at its portfolio ...
Commercial Real Estate Direct Staff Report Macerich Co. evidently is trying to market for sale the Fashion Outlets of Niagara Falls, a 689,000-square-foot shopping center in Niagara Falls, N.Y. The property, at 1900 Military Road, five miles from the famous ...
Commercial Real Estate Direct Staff Report Office Properties Income Trust has struck a deal to buy Diversified Healthcare Trust in a stock transaction valued at $407.46 million. Under the agreement, every Diversified Healthcare common share will be swapped for 0.147 ...
Brookfield DTLA Fund Office Trust Investor Inc. has warned that "negative cash burn" it is suffering has raised "substantial doubt about the company's ability to continue as a going concern." The company owns one retail and six office properties with ...
The former Griffin Realty Trust Inc., a non-traded REIT specializing in the ownership of single-tenant industrial and office properties, has re-branded itself as Peakstone Realty Trust as it prepares to list its common shares on the New York Stock Exchange.
Mortgage REITs saw their originations plunge during the latter half of last year as they adopted a cautious stance and built up liquidity to take advantage of what they hope soon will be better investing opportunities. Last year, 13 publicly ...
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© 2023 Commercial Real Estate Direct All rights reserved..