Tag: REIT
'Commercial Real Estate Sector Continues to Struggle, Industrial and Multi-Family Provide Glimmer of Hope
'Self-Storage Is The Investment To Make In Real Estate
'Newly Listed Commercial Property Company Buys Sites in Leeds and Beverley
EDITOR'S PICKS
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Residents of a Chicago Mobile Home Park To Lose Water Access Days Before Thanksgiving
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Dozens Left Homeless After Apartment Fire Sparks In Durham
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Homebuying 101: 5 Red Flags To Watch Out For
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US Home Prices on the Rise: Here's Where Houses Are the Priciest
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Real Estate: 3 Things To Know Before You Start Investing
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One of the biggest hotel chain business, Hilton Worldwide Holdings Inc. is planning to spin off its hotel properties into a real-estate investment trust. -
'Real Estate News: Spirit Realty Capital Inc to Relocate Its Headquarters from Arizona to Texas
Spirit Realty Capital Inc, a premiere net-lease real estate investment trust (REIT), has announced that the relocation plan of its headquarters from Scottsdale, Arizona to Dallas, Texas, has been approved by its Board of Directors. -
'Real Estate News: American Realty Capital Hospitality Trust Bought Two Hotels from Noble Investment Group for $48.6 Million
American Realty Capital Hospitality Trust has increased its portfolio to 134 hotels totaling 16,345 rooms across 32 states, by acquiring two hotels from affiliates of the Noble Investment Group for $48.6 million. -
'The Reason Why Private Real Estate Investing is Better than Publicly-Traded Real Estate Investment Trust
According to the United States Census Bureau, 40 million Americans have passed the traditional retirement age at present. These figures are expected to double in the coming decades, Ajay Gupta of Gupta Wealth Management, says that these people will need a place to stay and live but the supply has not kept up. -
'Vornado Realty Trust to spin off shopping strip into new REIT
Vornado Realty Trust, the popular New York-based real estate investment firm, has announced that it will be combining its strip shopping businesses consisting of about 81 open shopping centers and four malls to create a new Real Estate Investment Trust (REIT). -
'Empire State Building REIT Seeking up to $1.07 Billion in IPO; To Debut October 1
Empire State Realty Trust Inc, the real estate investment trust that snaked its way through various controversies is all set to launch October 1. It plans to launch an Initial Public Offering (IPO) of 71.5 million shares at $15 to $13 a share, seeking up to $1.07 in its debut offering, according to a regulatory filing Thursday. -
'Malkins to Go Ahead with the Empire State Building IPO Plan; Reject All Bids
After a lot of controversy, debate and delay on the decision to roll the iconic Empire State Building into a public real estate investment trust (REIT), Malkin Holdings LLC, the company that manages the building announced Friday that they will be proceeding with the Initial Public Offering (IPO) plan. They have rejected all the bids that were offered to buy the portfolio, according to several news reports. -
'Cousins Properties Inc Buying Texas Office Portfolio for $1.1 Billion
Cousins Properties Inc, a major Real Estate Investment Trust based in Atlanta has agreed to purchase a large portfolio of office properties in Texas for around$1.1 billion in an effort to expand its business. The portfolio includes 5.3 million square feet of commercial office space, according to several media reports. -
'The Empire State Building REIT Saga Continues; Bids Could Delay IPO
The Empire State Building in New York City is one of the most iconic and legendary structures of the country. Nothing about it is mediocre. Therefore, when Malkin Holdings LLC, the company that manages the building, decided to roll it into a public Real Estate Investment Trust (REIT), an equally controversial series of events followed. Since the Malkins victory over the opposing shareholders, continuous bids to purchase buildings part of the portfolio have been pouring in. Many affluent developers and investors have been betting some good cash on the Empire State Building alone.
