Two publicly traded apartment landlords are combining in an $8.1 billion deal that will put more than 44,000 apartments under one company—and create a portfolio built around a particular view of where rental demand will hold up best. Independence Realty Trust and...
US real estate investment trusts (REITs) raised $22.5 billion from secondary debt and equity offerings in the second quarter, with $16.3 billion coming from debt offerings, $6.1 billion coming from common equity offerings, and $100 million coming from preferred equity...
An update to the VA home loan program, the CFPB trying to help mortgage originators and Jack in the Box marching into Georgia. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 10-14. Hit: Score One for the VA. This week,...
ElmTree Funds, a St. Louis-based private equity real estate firm focused on the commercial real estate net-lease sector, announced the launch of two perpetual-life real estate investment trusts (REITs) to acquire and manage a diversified portfolio of U.S. net lease...
Fitch Ratings reduced its 2023 outlook for the U.S. real estate investment trust (REIT) sector outlook from “Neutral” to “Deteriorating,” citing the tumult in the commercial real estate space. While Fitch noted that most of its rated REITs...