Dividend Yield
Phillips Edison, CBRE JV to Purchase $200M of Grocery Assets
Phillips Edison, a shopping-center REIT, and CB Richard Ellis have jointly invested $102 million in equity for the purchase of grocery-anchored shopping centers nationwide.
WRIT Purchases 345 KSF Suburban D.C. Office for $101M
A week after closing the first phase of a $350 million industrial portfolio, Washington Real Estate Investment Trust has sprung for the all-cash acquisition of Braddock Place, a 345,000-square-foot office complex in the Old Town section of Alexandria, Va.
Prudential’s Rick Romano on REITs, CMBS
Rick Romano, a vice president with Prudential Real Estate Investors, sat down with Commercial Property Executive to discuss his firm’s outlook for the rest of 2011.
Prosky on Healthcare Real Estate
Danny Prosky, president & COO of Grubb & Ellis Healthcare REIT II, talks on CPE TV about the booming market for healthcare real estate.
Elbit Imaging Subsidiary Concludes Purchase of Remaining Units in EDT Retail Trust
A subsidiary of Israel-based Elbit Imaging Ltd. has wrapped up the off-market takeover bid for all remaining units in EDT Retail Trust, a retail REIT. The all-cash transaction increases EPN and its affiliates’ stake in the REIT to 96.4 percent.
Chatham Adds Five Hotels to Portfolio in Part of $1.3B Deal
Chatham has completed the first step of its multi-faceted, $1.3 billion expansion plan with the acquisition of five Innkeepers hotels totaling 764 rooms for an aggregate $195 million.
Trepp Snaps Up REITCafe, Expands Offerings
Trepp bolstered its information offerings with the acquisition of REITCafe for an undisclosed price on Monday.
New CNL Fund to Invest $3B Across Multiple CRE Sectors
The fund will set its sights on lifestyle, lodging and specialty properties, and keep a special eye on senior living and healthcare assets.
REIT Executive Compensation Up in 2010, Led by Office, Industrial Sectors
Closely mirroring trends in the economy at large, median compensation for C-level executives at the country’s largest REITs saw a gradual push upward during 2010.
HFF Secures $128M for Multi-Family Portfolio
The loan was procured for an eight-property, 2,407-unit group of assets located in the South and Southwest.