Despite talk of peaking property prices and declining yields as the economic recovery enters its 11th year, it is hard to find signs of commercial real estate weakness in the quarterly banking data released over the past week. The total amount of commercial real estate loans held on bank books as of June 30 was 5.5 percent more than…»
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CHICAGO-Once considered something of an afterthought by institutional investors, medical office has rapidly established itself as one of the most desirable sectors. And with so many favorable trends, including the aging of the US population and the desire among patients to see medical professionals in new facilities close to home,…»
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Moody’s Corporation MCO, +0.24% and Reis, Inc. REIS, +32.18% announced today that they have entered into a definitive merger agreement for Moody’s to acquire all outstanding shares of Reis in an all-cash transaction valued at approximately $278 million. The transaction has been approved by the Boards of Directors of both companies.…»
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NEW YORK CITY-Locally-based Safety, Income & Growth reports it has secured five new ground lease transactions with institutional partners and leasehold lenders for $105 million of committed capital in the Washington, DC, San Diego and Phoenix markets. The four ground lease deals originated under SAFE’s Ground Lease program included the Jefferson Building…»
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It’s been a year since Amazon bought Whole Foods Market. Amazon.com Inc. bought Whole Foods on Aug. 28, 2017 for $13.7 billion, and the deal continues to reverberate. Changes have affected the consumer-facing front end as well as the grocery chain’s back-end operations. They include lowering prices and introducing new technologies for grocery pickup and same-day delivery,.…»
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