San FranciscoJan 23, 2025Host Hotels floats sale of Grand Hyatt San Francisco in Union SquareLodging REIT seeks to offload 10 properties that are “not a long-term fit for the portfolio”
South FloridaDec 18, 2024Lennar plans $5B land banking REIT spin-offMillrose Properties will begin operating next year
NationalDec 6, 2024Suburban hell: Biggest CMBS office loan in special servicing is $1.2BWorkspace Property Trust’s huge bet going bad
HoustonNov 18, 2024MCB withdraws billion-dollar Whitestone takeover proposalDeal would’ve been worth $1.45B, factoring in REIT’s $667M debt
NationalNov 4, 2024One syndicator’s newest strategy: folding old deals into new fundScott Everett’s S2 has plans for the biggest-ever private multifamily REIT
NationalOct 14, 2024Singaporean REIT snags $550M for $1.3B office portfolio refi Bank of America led financing on 13 properties owned by Prime US
HoustonOct 10, 2024MCB Real Estate ups Whitestone REIT takeover offer to $750MDavid Bramble’s firm, a minority shareholder, made second offer for Houston-based retail investor
NationalSep 25, 2024Climate hazards pose $559B risk to REIT-owned propertiesHeat, natural disasters could decimate assets of S&P Global REIT Index firms
ChicagoSep 25, 2024Retail-focused Inland REIT weighs future, could sellCo-founder and chairman Daniel Goodwin died in January and former CEO Mitchell Sabshon retired earlier this year
NationalAug 5, 2024REITs crushed as market plummets, stoking fears of recession Real estate investment trusts matched S&P 500’s decline, office REITs suffered more
NationalJun 10, 2024KKR pumps $50M into property fund in tense moment for REITSKREST injection comes after clamping down on withdrawals
NationalJun 6, 2024Sternlicht: Withdrawal limits at Starwood REIT are “going to be a six-month thing”Tough decision was to benefit “the 80% who’ve never redeemed,” CEO says
New YorkJun 6, 2024Struggling hotel chain overstays welcome at Hotel 57Miami-based subletters at Hotel 57 allegedly stopped paying rent last summer
NationalMay 31, 2024Banks are more exposed to commercial real estate than regulators realize With indirect REIT lending, such debt raises exposure by 40%: NYU study
NationalMay 24, 2024Starwood REIT cracks down on withdrawal limits as cash runs shortLiquidity draining fast amid heavy withdrawal requests
NationalMay 16, 2024Starwood REIT quickly burning liquidity Barry Sternlicht’s real estate investment trust faces heavy redemption requests
New YorkMay 14, 2024Troubled ex-REIT loses Cornell’s UES med schoolAmerican Strategic Investment has 30K sf to fill at 400 East 67th Street
NationalMay 4, 2024Real estate stocks will grow 16%, analysts sayExperts think stocks are finally bottoming out
NationalApr 23, 2024Blackstone’s property fund begins climb from bottomBREIT fulfilled all redemptions in March, but fundraising stuck below standard