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Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal
Markets Deals A deal would create the largest storage-facility operator in the U.S. by number of locations Source link
Miami Developers Court New York Restaurateur to Help Sell Luxury Condos
Since the pandemic, more landlords have facilitated new high-end eateries. Source link
China’s Smaller Cities Struggle to Unload Empty Apartments
World Asia China Around a third of all newly completed apartments in the country went unsold in 2022 Source link
Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal
WSJ News Exclusive Deals A deal would create the largest storage-facility operator in the U.S. by number of locations Source link
Warehouses Find Insulation From U.S. Banking Crisis
Tight capacity, high leasing rates offer guardrails for industrial real estate, executives say. Source link
Billions in Signature Bank Debt to Be Sold by Newmark
FDIC to tap the real-estate firm to market about $60 billion in the failed lender’s loans, adding pressure the commercial property market. Source link
Granite Construction (GVA) Declares $0.13 Dividend
Granite Construction said on March 24, 2023 that its board of directors declared a regular quarterly dividend of $0.13 per share ($0.52 annualized). Previously, the
Distress in Office Market Spreads to High-End Buildings
The owners of a number of high-end properties recently defaulted on their mortgages, highlighting the financial strain from rising interest rates and vacancies. Source link
Fear of Layoffs Is Changing How People Buy Homes
An employment contingency can protect buyers in the event of job losses. Source link
What Does 'Made in America' Mean? In Green Energy, Billions Hinge on the Answer
Companies pursuing subsidies are trying to influence how the Treasury Department defines the phrase. Source link