Research Center
KKR to Invest $150M of Equity in Sentio Healthcare
Kohlberg Kravis Roberts & Co. is providing $150 million of equity to Sentio Healthcare Properties, a REIT that invests in seniors housing and medical facilities, to help it grow its portfolio.
RioCan to Acquire Regional Malls in Greater Toronto Area
RioCan Real Estate Investment Trust has entered into a conditional agreement with Primaris Retail REIT to acquire two regional shopping malls in the Greater Toronto Area (GTA) for a combined gross purchase price of approximately $362 million.
SPECIAL REPORT: MBA Predicts M-F Funding Market Share May Fall Slightly in 2013
Mortgage originations for commercial properties will increase by 11 percent in 2013, the Mortgage Bankers Association (MBA) forecasted. Multifamily financing may tick down this year as capital supply to the other commercial real estate sectors make a comeback.
Blackstone to Buy UBS’s Majority Stake in 40-Property Retail Portfolio
Blackstone Group L.P. is on the verge of snapping up a majority interest in 40 high-quality shopping centers. UBS, which co-owns the collection of U.S. retail properties with Kimco Realty Corp., will sell its controlling interest to Blackstone for $1.1 billion.
SPECIAL REPORT: Liquidity Returns to Commercial Real Estate
The commercial real estate financing industry cautiously greeted the rapid return of liquidity into the sector during the Mortgage Bankers Association’s 2013 Commercial Real Estate Finance/Multifamily Housing Convention & Expo.
Minor Improvements
Value of manufacturers’ new orders; not seasonally adjusted; $ in millions
Personal Improvement
(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)
New York City Spotlight: Ending on a Too-High Note?
(commercial foreclosures as of fourth quarter 2012)
