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Healthpeak Properties Completes Merger with Physicians Realty Trust

Healthpeak Properties Completes Merger with Physicians Realty Trust

by Phil Hall | Mar 1, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

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...
Former Silverstein Properties CEO Marty Burger Launches Infinity Global Real Estate Partners

Former Silverstein Properties CEO Marty Burger Launches Infinity Global Real Estate Partners

by Phil Hall | Feb 28, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

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 to Close 150 Stores

Macy’s to Close 150 Stores

by Phil Hall | Feb 27, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

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...
Will Commercial Real Estate Woes Fuel a New Wave of Bank Failures?

Will Commercial Real Estate Woes Fuel a New Wave of Bank Failures?

by Phil Hall | Feb 27, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

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...
Former Morgan Stanley Global Chairman Joins CBRE Board

Former Morgan Stanley Global Chairman Joins CBRE Board

by Phil Hall | Feb 26, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

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...
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