National
Economy Watch: Household Income Posts Record Growth in 2015
Last year marked the first annual increase in median income in almost a decade, which is especially good news for the retail and hospitality sectors.
GLP Grows US Presence with $1.1B Buy
The first part of the deal is expected to close in December with the purchase of a $700 million portfolio.
GPT, TPG Enter Strategic Partnership
Strategic Office Partners’ portfolio comprises high-quality, single-tenant office assets totaling 1 million square feet.
Economy Watch Weekly: Why Foreign Investors Love Major U.S. Markets
The U.S. commercial real estate industry is still going strong, with construction and foreign investment booming in several major markets. Economy Editor Dees Stribling discusses the two hot topics, for the week ending Sept. 9, 2016.
Extra Space Storage CEO to Step Down
The board has already chosen another member of the executive leadership team to take over the role.
Economy Watch: Leasing Activity Booms for Industrial Sector
The U.S. industrial sector continues to heat up, with vacancy rates at a 16-year low, a new market JLL report revealed.
Economy Watch: Nonresidential Construction Still Strong
There is still potential for growth for U.S. nonresidential building projects, the latest Dodge Data & Analytics report said.
C-III Capital Partners Acquires Resource America
Under the transaction, Resource America stockholders will be entitled to receive $9.78 per share in cash, or a total of roughly $207 million.
Acadia Realty Trust Closes Fund with Mega-Buying Power
The firm’s fifth institutional retail fund closed with $520 million in commitments.
Industry Veteran Reiff Heads New Lending Venture
The former FirstKey Lending CEO will be heading Allegiant Real Estate Capital, a new specialty lending operation.
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