REIT

Gramercy Property Shareholders Approve $7.6B Blackstone Deal

Erika Morphy |

NEW YORK CITY--Gramercy Property Trust shareholders have approved its $7.6 billion acquisition by Blackstone Real Estate Partners VIII at its special meeting of shareholders held earlier today.

Macerich Adds Flexible Workplace To Malls

Erika Morphy |

The REIT is partnering with Industrious in a multi-property rollout.

Carter Validus Mission Critical REIT Sells Last Data Center

Adele Carter |

"This latest transaction brings our company’s strategy to pursue liquidity for our entire data center portfolio to a successful conclusion.”

Where The Liquidity Is Coming From

Erika Morphy |

Mortgage REITs are originating more loans this year while banks have stepped up their pace considerably.

News

Georgia Heights Mixed-Use Project Fully Leased

Steve Lubetkin |

“With this property situated in the heart of the state’s largest college town, space at Georgia Heights will always be in demand."

News

Camber and Advance Acquire Industrial Portfolio in Allendale

Steve Lubetkin |

Alexander Cocoziello of Advance Realty says his firm and partner Camber plan to hold the properties as a long-term investment.

Broadtree Buys Local MF Holdings In $138M Portfolio Deal

Erika Morphy |

Two of the three properties in the 633-unit portfolio are located in Baltimore.

Armada Hoffler Plans New $117M Project For Baltimore’s Inner Harbor

Erika Morphy |

Wills Wharf will comprise over 325,000 square feet of class A office, retail, and hotel space.

Aimco Closes $590M Portfolio Sale to Related Cos.

Erika Morphy |

This completes the REIT’s exit from the affordable housing sector.

Research

World Turmoil Having Little Impact on US Real Estate

Brian J. Rogal |

CRE so far seems like it can weather the storms caused by trade wars and rising interest rates.