Denver-based Healthpeak Properties Inc. (NYSE: PEAK) and Milwaukee-based Physicians Realty Trust (NYSE: DOC) have completed their all-stock merger of equals valued at approximately $21 billion. The combined company will operate under the name “Healthpeak Properties...
One of New York City’s most prominent real estate executives has launched a new company focused on development, acquisitions, financing and fund management across the United States. Marty Burger, the former CEO of Silverstein Properties, has announced the opening of...
Macy’s Inc. (NYSE:M) announced it will be closing 50 of its stores by the end of the year and another 100 over the next three years. The department store chain announced the closings today during the analysts’ call for its fourth quarter 2023 earnings report. The...
Bank failures could begin to percolate across the U.S. due the ongoing tumult in the commercial real estate sector, according to finance experts at Florida Atlantic University (FAU). Dr. Rebel A. Cole, the Lynn Eminent Scholar Chaired Professor of Finance in FAU’s...
CBRE Group Inc. (NYSE:CBRE) announced the appointment of Guy A. Metcalfe to its board of directors. Metcalfe was a managing director and member of Morgan Stanley’s investment banking executive committee. He led the company’s real estate investment banking business for...