The delinquency rate for commercial mortgage-backed securities (CMBS) rose by 8 basis points to 5.43% in July, with the office sector accounting for almost two-thirds of the newly delinquent loans in July. According to new data from Trepp Inc., the office delinquency...
The private equity firm Blackstone (NYSE:BX) is reportedly in discussions to acquire Retail Opportunity Investments Corp (NASDAQ: ROIC), a real estate investment trust (REIT) focused on retail properties in the Western states. According to a Reuters report sourced...
Muinzer, a Los Angeles-headquartered real estate investment firm specializing in student housing, has acquired the Grant Street Station and South Street Station communities next to Purdue University in West Lafayette, Indiana. The properties total 362 student housing...
The investment firms Argyle Real Estate Partners LLC and Sembler Investments Real Estate Partners (SIREP) announced their acquisition of two properties in the Tampa suburb of Lutz, Florida. The acquired properties are Sage at Cypress Cay, a 324-unit, core-plus...
GoldenTree Asset Management LP announced the hiring of Sam Friedland as principal and head of real estate credit origination, a newly created role. Friedland will be based in the firm’s New York City office and will report to Lee Kruter, partner and head of performing...
Williston Financial Group (WFG), an Irvine, California-based provider of title insurance and real estate settlement services for commercial and residential transactions, has announced the availability of 1031 Exchange services through WFG 1031 LLC, a newly launched...