Buchanan Street Partners plans to spend $350 million to $500 million to buy and build in the sector.
“We would definitely be interested,” MGM’s CEO James Stewart told investors on Monday.
The REIT sold a stake in the retail properties in 2019 and retained a 51 percent equity interest in the assets that were then valued at $5.6 billion.
New IREM President Chip Watts lays out his vision for how commercial real estate associations can work together and with stakeholders in meaningful partnerships.
Non-bank mortgage lenders were facing favorable conditions for going public, but October’s market shakeout could stall fundraising efforts, reports the Wall Street Journal. Businesses across the country are boarding up as they brace for the possibility of election-related violence, according to Vox. These are among today’s must reads from around the commercial real estate industry.
A unit of the private equity firm is acquiring a roughly 90 percent interest in the real estate for eight single-tenant data centers in Northern Virginia.
Reef and Oaktree’s infrastructure arm have formed a Neighborhood Property Group to acquired strategic real estate assets.
With business travel still largely on hold, private real estate companies have had to get creative to reach investors.
In the third article in a seven-part series on real estate crowdfunding, Adam Gower outlines tips for effectively developing a brand in this competitive space.
After months of speculation, mall owners PREIT and CBL & Associates Properties made it official and both filed for Chapter 11 bankruptcy protection on Sunday, reports CNBC. New York has implemented new polices requiring travelers to take COVID-19 test within three days before traveling and three days after entering the city. These are among today’s must reads from around the commercial real estate industry.
In addition to the outcome of the Presidential election and control of Congress, a number of ballot measures are significant for the CRE industry.
Almost 75 percent of Americans plan to spend the same or more, with 80 percent shopping at stores.
The merger brings Dunkin’ and Baskin-Robbins into Inspire’s existing portfolio of Arby’s, Buffalo Wild Wings, Sonic Drive-In, Jimmy John’s and Rusty Taco.
A Morningstar panel also discussed the firm's concerns over the Labor Department's proposed rules on fiduciary exemptions, stressing the importance of clarity in SEC and DOL enforcement.
Beyond an attempt to reverse Reg BI, the industry could also see a number of securities regulation reforms if Joe Biden wins the presidential election.
It's time to start game-planning what might happen after the election results are finally settled.
The massive economic hit from COVID-19 has forced scores of U.S. companies into bankruptcy. Here are some with the most significant potential repercussions for commercial real estate.
Some New York City companies are offering extra incentives to get workers to return to the office, according to The New York Times. Restaurants and retailers face new restrictions as new virus cases mount, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
The 343,528-sq.-ft. building has a long-time lease with the social media giant.
The New York Times looks at a nursing home in crisis post-COVID-19 surge. Walmart is turning four stores into e-commerce laboratories, reports CNBC. These are among today’s must reads from around the commercial real estate industry.