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...
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...
Sam Zell, one of the most influential figures in the U.S. commercial real estate industry, passed away at the age of 81. Zell became involved in real estate when he managed student housing while he was an undergraduate at the University of Michigan and co-founded...