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FrontView REIT Raises $250.8 Million in IPO

FrontView REIT Raises $250.8 Million in IPO

by Phil Hall | Oct 2, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

FrontView REIT Inc., a Dallas-headquartered real estate investment trust focused on outparcel properties that are net leased on a long-term basis, raised $250.8 million in its initial public offering (IPO) on Oct. 1. The IPO sold 13.2 million shares at $19 per share....
JLL Acquires Raise Commercial Real Estate

JLL Acquires Raise Commercial Real Estate

by Phil Hall | Oct 1, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

JLL (NYSE: JLL) announced its acquisition of Raise Commercial Real Estate, a technology-powered brokerage. Founded in San Francisco in 2016, Raise was the first brokerage to create a digital real estate management platform. Raise’s co-founder and CEO Justin Bedecarre...
CMBS Delinquency Rate Rises to 5.70%

CMBS Delinquency Rate Rises to 5.70%

by Phil Hall | Sep 30, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The delinquency rate for commercial mortgage-backed securities (CMBS) increased by rose 26 basis points this month to 5.70%, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 131 basis points from 4.39%. While most of the...
Simon Property Group Unveils Marketing Campaign to Encourage Mall Shopping

Simon Property Group Unveils Marketing Campaign to Encourage Mall Shopping

by Phil Hall | Sep 30, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate investment trust Simon Property Group (NYSE: SPG) has rolled out a new marketing campaign to bring consumers back to its shopping malls. The campaign, dubbed “Meet Me @themall,” seeks to reach different generations by tapping into nostalgia...
Blackwell 3D Construction in New Pact to Secure Financing for Dubai Ventures

Blackwell 3D Construction in New Pact to Secure Financing for Dubai Ventures

by Phil Hall | Sep 30, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Blackwell 3D Construction Corp. (OTC: BDCC), a 3D house printing technology company, has engaged Asas Capital, a boutique investment advisory firm, to arrange the financing for the company’s planned real estate ventures in Dubai. According to the company, the...
Embattled CEO of Steward Health Care to Step Down

Embattled CEO of Steward Health Care to Step Down

by Phil Hall | Sep 30, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The financially frayed Steward Health Care announced that Ralph de la Torre will step down as CEO and chairman on Oct. 1. Reuters reported that a spokesperson for de la Torre confirmed that he “has amicably separated from Steward on mutually agreeable...
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