Vornado Realty Trust’s challenges continue to show up on its balance sheet: The company has written down the value of its real estate portfolio by $600 million. Steve Roth’s real estate investment trust indicated...
One of the country’s biggest landlords is ramping up evictions after a long period of pandemic-related forbearance. Blackstone filed eviction lawsuits against hundreds of tenants across the nation, the Financial Times reported. Court records...
The value of Blackstone’s real estate portfolio dropped in the fourth quarter, hurting profits as rising rates dragged down...
Blackstone’s real estate investment trust secured another $500 million commitment from University of California’s endowment as it tries to...
Blackstone’s real estate investment trust is under pressure on multiple fronts. As it works through an investor scare triggered...
The city’s second-largest commercial landlord is starting the year with some bad news. Vornado Realty Trust cut its dividend by nearly 30 percent after the markets closed on Wednesday, Crain’s reported. The economic downturn...
KKR is pumping the brakes on withdrawals from its real estate investment trust, mirroring similar moves by Blackstone and...
“When someone calls with $4 billion of capital, you answer the phone.” That’s how much of a no-brainer Nadeem...
New year, new strategy for New York City REIT. The office landlord is expanding its business beyond the city and changing its status from a real estate investment trust to a taxable C corporation....
UPDATED, Jan. 3, 2022, 3:30 p.m.: After a trying month for Blackstone’s real estate investment trust, the University of...
