Realty Income Corp. (NYSE: O) has announced it will acquire Spirit Realty Capital Inc. (NYSE: SRC) in an all-stock transaction valued at approximately $9.3 billion. Realty Income is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. The...
Workbox, a Chicago-based specialized workspace operator, has hired Timothy Doman as the company’s first executive vice president and head of real estate. In his new role, Doman will leverage more than 30 years of portfolio management experience across all major...
The Mortgage Bankers Association (MBA) is forecasting $442 billion in total commercial and multifamily mortgage borrowing and lending for 2023, a 46% drop from the $816 billion generate in 2022. Multifamily lending alone – which is included in the total figures – is...
Business conditions at architecture firms deteriorated in September, according to the American Institute of Architects (AIA)/Deltek Architecture Billings Index (ABI). Last month, the ABI score was 44.8, the lowest score reported December 2020 during the height of the...
Better Reports $36.5 Million Loss as Mortgage Volume Rises 15%
