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American Healthcare REIT Launches Public Offering

American Healthcare REIT Launches Public Offering

by Phil Hall | Jan 29, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Irvine, California-based American Healthcare REIT Inc., a self-managed real estate investment trust focused on clinical health care real estate properties, has launched of its public offering of 56 million shares of its common stock pursuant. The offering is expected...
New Forecast Points to Robust Year for REITs

New Forecast Points to Robust Year for REITs

by Phil Hall | Jan 2, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The real estate investment trust (REIT) sector is moving into a more positive environment in 2024, according to a forecast released by the National Association of Real Estate Investment Trusts (Nareit). While high interest rates impacted the commercial properties that...
Change of Leadership at Brixmor Property Group

Change of Leadership at Brixmor Property Group

by Phil Hall | Dec 15, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Brixmor Property Group Inc. (NYSE: BRX), a real estate investment trust that owns and operates a national portfolio of open-air shopping centers, announced that Angela M. Aman will step down as the company’s president, chief financial officer and treasurer,...
PREIT Files for Chapter 11 Bankruptcy for Second Time in Three Years

PREIT Files for Chapter 11 Bankruptcy for Second Time in Three Years

by Phil Hall | Dec 12, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

PREIT (OTCQB:PRET), a Philadelphia-headquartered operator of shopping centers in the mid-Atlantic region, has filed for Chapter 11 bankruptcy for the second time in three years. The company announced it is carrying approximately $880 million in total indebtedness and...
Minto Apartment REIT Closes Sale on Two Remaining Edmonton Properties

Minto Apartment REIT Closes Sale on Two Remaining Edmonton Properties

by Phil Hall | Dec 11, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Ottawa-based Minto Apartment Real Estate Investment Trust (TSX: MI.UN) announced the closing of the sale of its remaining two properties located in Edmonton, Alberta. The York House and The Lancaster House encompass 190 units across the two properties. The total sale...
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