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Commercial Property Sales Rose to More Than $220 Billion in U.S. Last Year
Commercial property sales rose 57 percent to more than $220 billion U.S. last year, led by retail properties and garden apartments, Real Capital Analytics Inc. said in a report today.
Don't Overlook REITs
by Amy Fontinelle Real estate investment trusts (REITs) are a relatively small investment category; there were just 123 equity REITs in the FTSE NAREIT index, which comprises all the REITs traded on the NYSE and NASDAQ exchanges in the fourth quarter of 2011. However, even though the REIT investment universe is small, it contains many ...
NorthStar REIT Recently Closes Five Loans Totaling $69 Million
NEW YORK, Jan. 25, 2012 /PRNewswire/ -- NorthStar Real Estate Income Trust, Inc. (NorthStar REIT), is pleased to announce the direct origination of five new real estate loans totaling $69.0 million, with ...
Invesment trust acquires medical office buildings
Griffin-American Healthcare REIT II said it has acquired three medical office buildings in South Carolina, Georgia and Florida for a purchase price of $25.1 million.
Developer gobbles up properties
WINDSOR, Ont. -- London-based developer Shmuel Farhi has gobbled up another pair of prime commercial properties in Windsor’s downtown.