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Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal
Business

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

China’s Smaller Cities Struggle to Unload Empty Apartments
Business

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
Finances

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
Business

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
Finances

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

Distress in Office Market Spreads to High-End Buildings
Business

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
Finances

Fear of Layoffs Is Changing How People Buy Homes

An employment contingency can protect buyers in the event of job losses. Source link