Seven Hills Realty Trust has closed $98 million of new first mortgage investments while loan repayments helped cut the commercial mortgage REIT’s office exposure to approximately 13% of its portfolio.In an Oct. 5 business update distributed by Business Wire, Seven...
Hines is moving to its next generation of leadership, naming Adam Hines co-CEO alongside Laura Hines-Pierce effective Jan. 1, 2027.Jeff Hines will move from co-CEO to chairman and step back from day-to-day management. David Steinbach will become the global real estate...
Park Hotels & Resorts has repaid the $1.275 billion commercial mortgage-backed securities loan secured by the Hilton Hawaiian Village Waikiki Beach Resort, removing one of the hotel REIT’s largest near-term debt maturities and leaving the flagship Hawaii property...
Apollo Commercial Real Estate Finance shareholders have approved the dissolution of the publicly traded commercial mortgage REIT, clearing the central shareholder hurdle for a wind-down that the company expects could run into the first half of 2028. At a Sept. 29...
Stockdale Capital Partners is taking a firm-wide approach to artificial intelligence, investing in Zinq AI while deploying the platform across investment, asset-management, fundraising and back-office functions.The Los Angeles-based real estate investment firm...