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JLL to Run Global Facilities Management in Rolls-Royce’s Real Estate Portfolio

JLL to Run Global Facilities Management in Rolls-Royce’s Real Estate Portfolio

by Phil Hall | Aug 29, 2023 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

JLL (NYSE:JLL) was appointed by Rolls-Royce (OTC:RYCEY) to run the global facilities management operations across the company’s real estate portfolio in China, Germany, India, Singapore, the U.K and the U.S. As part of the long-term contract starting February...
Kimco Realty Pays $2 Billion to Acquire RPT Realty

Kimco Realty Pays $2 Billion to Acquire RPT Realty

by Phil Hall | Aug 28, 2023 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Kimco Realty (NYSE: KIM), the owner and operator of open-air, grocery-anchored shopping centers and mixed-use assets, has announced its acquisition of rival company RPT Realty (NYSE: RPT) in an all-stock transaction valued at approximately $2 billion. Upon closing,...
Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion

Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion

by Phil Hall | Aug 28, 2023 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

KSL Capital Partners LLC, a Denver-headquartered investor in travel and leisure businesses, has announced that it will acquire all of the outstanding common shares of Hersha Hospitality Trust (NYSE:HT) for $10.00 per share in an all-cash transaction valued at...
KBRA-Rated CMBS Hits 4.16% Delinquency Rate

KBRA-Rated CMBS Hits 4.16% Delinquency Rate

by Phil Hall | Aug 25, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The delinquency rate among KBRA-rated U.S. commercial mortgage-backed securities (CMBS) during August reached 4.16%. August’s delinquency rate was a 23 basis point increase from July, which followed a 34 basis point spike from June. However, the total delinquent and...
RE/MAX and CCIM Institute in New Partnership

RE/MAX and CCIM Institute in New Partnership

by Phil Hall | Aug 23, 2023 | Commercial Real Estate News, Current News & Events, Industry Updates, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

RE/MAX Holdings (NYSE:RMAX) has entered into a new partnership with the CCIM Institute, a provider of commercial real estate education. Under this partnership, RE/MAX affiliates can now access educational resources at discounted rates through RE/MAX University and the...
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