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South Carolina Tornado Destroys Home, Severely Damages Three Others

South Carolina Tornado Destroys Home, Severely Damages Three Others

by John G. Stevens | Oct 11, 2026 | Current News & Events, Real Estate News, U.S. Housing Market

One home was destroyed and three others sustained major damage in Allendale County, South Carolina, on Saturday afternoon as a tornado-producing storm crossed the Georgia–South Carolina border, according to a preliminary National Weather Service report based on...
TKO Offers $2 Billion for Service Properties Trust’s 93-Hotel Portfolio

TKO Offers $2 Billion for Service Properties Trust’s 93-Hotel Portfolio

by John G. Stevens | Oct 11, 2026 | Commercial Real Estate News, Current News & Events, Real Estate Investing

An unsolicited $2 billion cash bid for 93 hotels has put a major strategic choice before Service Properties Trust, the publicly traded landlord that has spent the past year selling lodging assets and paying down debt. The buyer, TKO LLC, wants the entire remaining...
Supportive Housing Lender CSH Reports A+ Credit Rating as Financing Needs Grow

Supportive Housing Lender CSH Reports A+ Credit Rating as Financing Needs Grow

by John G. Stevens | Oct 11, 2026 | Current News & Events, Real Estate Investing, Real Estate News

Corporation for Supportive Housing says S&P Global Ratings has assigned it an A+ issuer credit rating with a stable outlook, a development that could help the nonprofit housing-finance intermediary attract capital for projects that struggle to obtain early-stage...
Capital Square Secures $86.5 Million Bridge Loan for Richmond Apartments

Capital Square Secures $86.5 Million Bridge Loan for Richmond Apartments

by John G. Stevens | Oct 11, 2026 | Current News & Events, Real Estate Investing, Real Estate News

Capital Square has obtained $86.5 million in bridge financing for Chasen, a recently completed 352-unit apartment development in Richmond, Virginia, as the owner moves the property through its early operating period.Walker & Dunlop confirmed the financing in an...
Griffis Raises $207 Million at First Close of New Apartment Fund

Griffis Raises $207 Million at First Close of New Apartment Fund

by John G. Stevens | Oct 11, 2026 | Current News & Events, Real Estate Investing, Real Estate News

Griffis Residential has secured approximately $207 million in commitments at the first closing of its seventh apartment investment fund, adding fresh equity for acquisitions at a time when high financing costs and uneven rental demand are testing multifamily...
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