Colony Starwood acquires single-family rental home portfolio for $815m by Released | Jun 6, 2017 Colony Starwood Homes has plans to acquire a portfolio of 3,106 single-family rental homes.
2016 records most transaction volume in student housing history by Andrea Waitrovich | Jun 6, 2017 In 2016, more than $10 billion of capital flowed into the U.S. student housing space with $9.33 billion directed toward the acquisition of investment-grade student housing assets priced at $10 million or more.
Investor appetite for seniors housing continues to grow in 2017 by Jody Barhanovich | Jun 6, 2017 Investor appetite for seniors housing and care real estate continues to grow, with the majority of investors who specialize in the sector planning to increase the size of their portfolios in 2017.
REITs fall 0.1% in May by Loretta Clodfelter | Jun 2, 2017 The U.S. REIT sector declined 0.13 percent in May, according to the FTSE NAREIT All Equity REITs Index. Year-to-date, the index is up 2.86 percent.
New York REIT buys stake in Worldwide Plaza for $276m by Released | Jun 2, 2017 New York REIT has acquired an additional 49.9 percent indirect equity interest in Worldwide Plaza in Manhattan.
U.S. adds 138,000 jobs in May by Loretta Clodfelter | Jun 2, 2017 The United States added 138,000 jobs in May, according to the Bureau of Labor Statistics.
Wells Fargo Wealth and Investment head David Carroll to retire by Andrea Waitrovich | Jun 2, 2017 David Carroll, the head of Wells Fargo’s Wealth and Investment Management division, will retire as of July 1.
Canadian REIT acquires hotel northeastern U.S. portfolio by Released | Jun 1, 2017 Canada-based American Hotel Income Properties REIT has agreed to acquire a hotel portfolio.
PHG raises $107m for hotel fund by Jody Barhanovich | May 31, 2017 Pacific Hospitality Group has raised $107 million for its hotel fund.
Q1 GDP revised up to 1.2% by Loretta Clodfelter | May 30, 2017 U.S. gross domestic product increased 1.2 percent, according to the Bureau of Economic Analysis.