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.
Fitch: CMBS Loans Look Good; Most Will Pay at Maturity
According to Fitch Ratings, the CMBS sector is looking good as maturing loans reach the end of their terms, and more than $17.3 billion are scheduled to do so in 2012.
Ratings Issue Brings Goldman Sachs, Citigroup $1.5B CMBS Sale to an End
Goldman and Citigroup announced earlier this week the cancellation of the transaction involving nearly $1.5 billion in commercial mortgage pass-through certificates.
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.
Prudential, Perella Weinberg JV Opens Access to $1B in CMBS
It’s a new day for Prudential, as a new joint venture with Perella Weinberg Partners will allow the financial firm to begin issuing CMBS, effective immediately.
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.
You must be logged in to post a comment.