Tag archives for REIT
Freddie Mac Loan Values REIT Portfolio At $95M
Reven Housing REIT is using the $51.3 million loan to pay off debt and fund future acquisitions.
Strategic Storage REITs Merge In $340M Deal
Once the deal closes, SST II will acquire a portfolio totalling approximately 2.1 million net rentable square feet of storage space.
Summit Hotel Properties Acquires Boston-Area Hotel, Sells FL Property
The Austin, TX-based hotel REIT also reports that it has closed on the sale of the 148-room Hyatt Place Fort Myers/at the Forum ...
Condor Hospitality To Consider Strategic Alternatives
The REIT has been selling off non-core properties for the last three years to build a portfolio of select-service assets.
US REITs holding steady despite tariffs
CNBC's Diana Olick reports on how the real estate sector is being impacted by tariffs.
Xenia Pays $30Mln for Pittsburgh Hotel
Xenia Hotels & Resorts Inc. has paid $30 million, or $162,162/room, for the Fairmont hotel in Pittsburgh. The Orlando, Fla., REIT acquired ...
After 2 Years of Defense, HCP Is ‘Back To Playing Offense’
After a two year flurry of activity in which the REIT shed itself of poor-performing assets, reduced its exposure to Brookdale-operated properties and ...
Digital Realty to Acquire Ascenty for $1.8B
The San Francisco-based REIT is teaming up with an affiliate of Brookfield Asset Management to buy the Brazilian data center provider.
Vornado Acquires Marriott Marquis Retail
The real estate investment trust bought a 46% interest for $442 million and now owns 100% of the retail property at the Times ...
$800 million retail real estate portfolio could be up for grabs
Washington REIT may be looking to get out of the retail business. Read More
Duke Realty Breaks Ground on New Indianapolis HQ
PK Partners LLC is the industrial REIT’s joint venture partner on the 78,000-square-foot office and retail project, which is scheduled for completion in ...
Report: Washington REIT Wants To Sell Retail Portfolio for $800M
The REIT hopes to increase its multifamily value-add properties.
Washington REIT Is Said to Explore Sale of Retail Portfolio
The D.C.-based REIT’s retail portfolio could bring in about $800 million.
MAA ‘Vigorously’ Defends Against Texas Lawsuits That Could Cost It Millions
The lawsuits present a potential maximum aggregate exposure of $63 million in damages for MAA, the public REIT reported.
Mack-Cali Sells Two Net-Leased Office Buildings in NJ
The Jersey City, NJ-based REIT also sold 700 Horizon Drive to VEREIT of Phoenix. The 120,000-square-foot building that boasts similar amenities as 600 ...
Sexual Harassment Suit Against CEO of Cedar Realty Dismissed, REIT Says
The complaint against Bruce Schanzer was filed by Nancy Mozzachio, the grocery-anchored REIT’s former COO, in New York State Supreme Court in Kings ...
Government Properties, Select Income REIT to Merge
Operating as Office Properties Income Trust, the combined company will own 213 properties in 38 states and Washington, D.C.
Health-Care REITS Sell Into Strength
Institutional investors have taken greater interest in the sector amid faster-changing demographics, according to Fitch Ratings Senior Director Stephen Boyd.
NHI Receives $300M, Five-Year Term Loan
MURFREESBORO, Tenn. — National Health Investors Inc. (NYSE: NHI), a publicly traded healthcare REIT based in Murfreesboro, has entered into a $300 million ...
EdR Stockholders Approve $4.6 Billion Acquisition by Greystar
Charleston, S.C. — The proposed $4.6 billion acquisition of EdR by GSHGIF REIT, an affiliate of Charleston-based Greystar, has been approved ...