[ad_1] Blackstone Mortgage Trust and KKR Real Estate Finance Trust have halted loan origination to shore up their balance sheets. [ad_2] Source link
Tag: Real Estate Investment Trusts
Lumber Producers Are Back in Favor on Wall Street
[ad_1] Shares in sawmill and wood-products companies are rebounding this year as home construction recovers. [ad_2] Source link
New York Landlord Vornado Bets $1 Billion That More Commuters Will Return
[ad_1] Real-estate investor Vornado is building around Penn Station in the hope that workers will travel to the transit hub if the journey is easy. [ad_2] Source link
San Francisco Mall Turned Over to Lender as Downtown Struggles
[ad_1] The owner of the Westfield San Francisco Centre stops paying debt, citing drop in sales and foot traffic. [ad_2] Source link
Manhattan’s Top Office Landlord Looks at Plan B
[ad_1] Hopes that workplaces will fill up are fading and turning empty workplaces into new homes is getting more serious attention. [ad_2] Source link
Amazon’s Slowdown Has Yet to Pinch Its Landlord
[ad_1] Warehouse giant Prologis said rents continued to rise in the first quarter, as U.S. consumers keep spending money online. [ad_2] Source link
Rising Interest Rates Brought Down Reverse-Mortgage Lender
[ad_1] A government-backed reverse-mortgage program intended to help seniors tap their home equity ran into problems as interest rates rose, pushing one of the largest participating lenders into bankruptcy last…
Houston Apartment Owner Loses 3,200 Units to Foreclosure as Multifamily Feels the Heat
[ad_1] The U.S. multifamily housing sector is feeling the heat as interest rates rise and rent growth slows. [ad_2] Source link