Kimco Realty (NYSE: KIM), a Jericho, New York-based real estate investment trust (REIT) and owner/ operator of open-air, grocery-anchored shopping centers and mixed-use properties, has acquired The Markets at Town Center, a 254,000-square-foot property in...
Rhino Investments Group, a Las Vegas-based commercial real estate firm, has acquired Lancaster Marketplace, a retail center in Salem, Oregon. Spanning a location at the busy intersection of Lancaster Drive and Highway 22, Lancaster Marketplace is anchored by WinCo...
The commercial mortgage-backed securities (CMBS) delinquency rate spiked by 17 basis points in December to 6.57%, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 206 basis points. The percentage of loans that are seriously...
Westwood Financial, the Los Angeles-headquartered retail real estate investment firm, announced that CEO Mark Bratt will retire at the end of the month. Bratt has been Westwood’s CEO since January 2019. He was previously a senior managing director at CBRE, and earlier...
Sterling Organization, a private equity real estate investment firm focused on retail property assets, announced the $70 million sale of Windsor Square in the Charlotte suburb of Matthews, North Carolina. The 661,156-square-foot retail center was completed in 1987 and...
Rent Discounts Spread to 43.5% of Listings as Apartment Owners Fight for Te…
