Subject: REITS -general (REITS)

Commercial Real Estate Direct Staff Report Piedmont Office Realty Trust signed 57 leases for 363,000 square feet of office space during the first quarter. That's down from 54 agreements totaling 500,000 sf a year ago, which helped push the company's ...

Commercial Real Estate Direct Staff Report Paramount Group is exploring strategic alternatives for its business and ultimately could be sold. The New York REIT has hired Bank of America Securities as financial adviser and Latham & Watkins LLP as legal ...

Commercial Real Estate Direct Staff Report An arbitration panel has determined that the PENN 1 office building's ground rent payment will be $15 million annually through 2048. The 2.52 million-square-foot office building, formerly known as One Penn Plaza, is at ...

Commercial Real Estate Direct Staff Report Equity Residential said it has yet to see signs that tenants at its properties have been impacted by the ongoing economic uncertainty. The Chicago REIT, which acknowledged seeing a "higher-than-usual level of uncertainty in ...

Commercial Real Estate Direct Staff Report Cousins Properties recorded 47 office leases totaling 539,000 square feet during the first quarter, marking its best first quarter of leasing since 2019, when it had leased 682,000 sf. But the Atlanta REIT faces ...

Camden Property Trust, which hasn't been an active buyer of apartment properties in recent years, has set a target of $750 million of acquisitions this year. It's also looking to sell a like amount of what generally are expected to ...

The Boston REIT inked tenants to 91 leases totaling 1.1 million square feet in the first quarter, up from roughly the 900,000 sf it had leased at the same time last year. Last quarter's volume is also up 35% from ...

After at least two years of sitting on the sidelines, office REITs are looking to sure up their acquisition and development pipelines—either gearing up for acquisitions or making plans to develop properties.

The Newton, Mass., REIT has 123 of its hotels with 16,426 rooms on the sales block as part of an effort to de-leverage its balance sheet and reposition its portfolio to focus on net-leased retail properties and full-service hotels in ...

American Hotel Income Properties REIT LP last month sold three of its hotels with 353 rooms for $41.2 million. The Vancouver, British Columbia, company said the prices the properties generated resulted in an average capitalization rate of 6.9% based on ...