Dividend Yield
National Health Investors, Capital Funding Strike $20M Loan Participation Agreement
The agreement is targeted toward CFG borrowers seeking bridge-to-HUD financing. CFG has provided more than $1.5 billion in HUD-insured mortgages nationwide.
Bids Galore, but CBRE Realty Trust Wins 134,000-SF Time Warner Cable Regional HQ in Suburban San Diego
The Princeton, N.J.-based REIT has acquired the fully leased suburban San Diego property, home to Time Warner Cable’s regional corporate headquarters, in an all-cash deal–no debt attached.
Cedar in JV with RioCan for $53M Shopping Center Deal
The sale is a boon for the recession-battered retail market, which has taken a beating due to severely diminished consumer spending.
Cousins Recaps Struggling $177M Terminus 200 Office Building in Atlanta via New JV
Cousins Properties Inc. has traded one joint venture partner for another in the recapitalization of Terminus 200, its brand new $177.3 million Class A office tower in Atlanta’s Buckhead submarket.
Simon Makes ‘Best and Final’ Offer
Simon Property Group has issued what it says is a final offer to acquire bankrupt retail REIT General Growth Properties. Simon now says it will pay $6.5 billion for the company, which translates to $20 per share.
Dividend Capital to Plunk Down $1.4B for 33-Property Office and Retail Portfolio
Dividend Capital Total Realty Trust Inc. is on the verge of increasing the size of its portfolio by 40 percent in one fell swoop.
GGP Said to Prefer Brookfield Proposal
General Growth Properties appears to have chosen a proposal from Brookfield Asset Management to help lead the shopping-center REIT out of bankruptcy.
CoStar: No Rose-Colored Glasses Just Yet
According to CoStar’s Q1 State of the U.S. Retail Market, things are still tenous out there. The information, analytics and research firm’s April 29 event looked at availability, vacancy, construction starts and transaction volume – and found that difficulty still provides friction against forward motion.
Eyeing the Global CRE Market, Macquarie CNL Commences $1.5B First Public Offering
For the last year, a bevy of new investment vehicles have been popping up in hopes of capitalizing on what is now a buyers’ market in commercial real estate, and Macquarie CNL Global Income Trust Inc. is among the latest.
Simon Proposal: Additional $2.1B in Capital
Simon Property Group has upped the ante on its April 14th proposal to buy bankrupt retail owner General Growth Properties. The company said on Thursday that in addition to its investment of $2.5 billion at the same per share price as the reorganization plan sponsored by Brookfield Asset management, it has received a $2.1 billion commitment from Paulson & Co., ING Clarion Real Estate Securities, Oak Hill Advisors, RREEF and Taconic Capital Advisors.