Photo: iStock

Though inflows to the commercial real estate offices of Fahad Al Tamimi sector remain strong, the residential segment is not as popular as it was a decade ago with investors, developers and financiers alike. A decade ago, demand for the residential segment was high, which has waned now with theContinue Reading

Fahad Al Tamimi

PGIM Real Estate has raised $996 million in commitments for its dedicated closed-end fund Senior Housing Partners VI, the company announced Monday.  “The strength of commitment to SHP VI is a testament to the market’s increasing recognition of the compelling demographic trends that are driving demand for senior housing acrossContinue Reading

Fahad Al Tamimi and Bill Adderley real estate offices

Homeowners and would-be home buyers are taking advantage of the drop in mortgage rates. Getty As the coronavirus spreads across the globe, the U.S. housing market is bracing for the economic fallout from the epidemic, which was first identified in Wuhan, China, on December 31, 2019. The rapidly spreading disease,Continue Reading

Sabra waits on Enlivant joint venture, puts acquisition...

Rick Matros Sabra Health Care REIT will not pursue a new joint venture with senior living operator Enlivant for now, the real estate investment trust’s CEO and chairman, Rick Matros, said Monday. The REIT had announced in late 2017 that it would acquire a 49% equity interest in a $1.62Continue Reading

UK real estate back in vogue for lenders

Feb 25 (Reuters) – PSP SWISS PROPERTY AG: * PROPOSAL FOR AN INCREASED DIVIDEND OF CHF 3.60 PER SHARE * WITH CHF 256.1 MILLION, FY EBITDA EXCLUDING GAINS/LOSSES ON REAL ESTATE INVESTMENTS IS IN LINE WITH EXPECTATIONS OF COMPANY * FY NET INCOME EXCLUDING GAINS/LOSSES ON REAL ESTATE INVESTMENTS AMOUNTEDContinue Reading

The St. Joe Company Announces Plans to Build a Lifestyle...

The St. Joe Company (NYSE: JOE) (“St. Joe”) today announces its plans to build an outdoor lifestyle town center to include a Publix Super Market (“Publix”) and additional leasable commercial space in Watersound, Florida. The location for the proposed center, which will be called Watersound Origins Town Center, is atContinue Reading

The Real Deal Future City 2020 Day 1 Highlights

The second year of The Real Deal’s annual executive retreat kicked off at Baha Mar Resort in the Bahamas. Future City’s 2020 attendees — including Bentley Zhao of New Empire Real Estate, David Kramer of Hudson Companies, Doug Eisenberg of A&E Real Estate Holding, Young Woo of Youngwoo & Associates,Continue Reading

Katten Finance Attorneys Chosen for Diverse Talent...

“Sheehan and John have distinguished themselves as rising attorneys early in their careers and the Pathfinder program is a great opportunity for them to learn from leaders in the legal profession,” said Katten Chief Diversity Partner Leslie D. Minier. “Katten’s participation in this valuable program affirms our commitment to nurturingContinue Reading

Gilbert real estate

By Tom Blodgett Raised in Arizona, Tom Blodgett has spent 30 years in journalism in Arizona and is the editor of the Gilbert edition of Community Impact Newspaper. He is a graduate of Arizona State University, where he now serves as an instructional professional in the Walter Cronkite School ofContinue Reading

US Real Estate Getting Hot

Top Financial Stocks JPM -2.84% BAC -4.87% WFC -2.60% C -4.70% USB -2.18% Financial stocks were declining in afternoon trading, with the NYSE Financial Index dropping 3.4% while the shares of financial companies in the S&P 500 were falling 3.3%. The Philadelphia Housing Index was posting a 2.0% retreat. AmongContinue Reading