Bondholders confident about commercial property
Bondholder confidence is growing that U.S. commercial property is bottoming following the recovery in residential housing.
View ArticleFed enters ‘uncharted territory’ as assets hit $3T
The Fed is purchasing $85 billion of securities every month, using the full force of its balance sheet to stoke the economic recovery.
View ArticleREIT rout curtailing deals amid rising rates
Property purchases by U.S. real estate investment trusts are likely to be curtailed after almost $36 billion of deals this year as a tumble in share prices makes a key source of capital costlier.
View ArticleBlackstone reportedly buys GE apartments for $2.7B
Blackstone Group LP has agreed to buy 80 apartment properties for about $2.7 billion in one of its largest forays into the U.S. multifamily market.
View Article176-room Crowne Plaza sells for $2.75M
Houston-based Boxer Property has purchased the Crowne Plaza Minneapolis North hotel in Brooklyn Center, promising a multimillion-dollar makeover and rebranding within the next 12 months.
View ArticleOffice towers better than bonds lure investors
In a world devoid of yield, even the lowest-returning real estate is attracting new investors.
View ArticleU.S. posts smaller surplus than forecast
The U.S. posted a smaller budget surplus in April than economists projected, as spending increased at more than twice the pace of tax receipts.
View ArticleOil rout squeezes borrowers in energy regions
Lenders are becoming more cautious in regions like North Dakota that rely heavily on the oil industry for growth.
View Article
