Granite Point Mortgage Trust announces closing of $825 mln CRE CLO
Granite Point Mortgage Trust Inc. announced the closing of GPMT 2019-FL2, an $825.0 million managed Commercial Real Estate Collateralized Loan Obligation (“CRE CLO”), in...
Starwood Property Trust announces fiscal quarter results
Starwood Property Trust, Inc. announced operating results for the fiscal quarter and year ended December 31, 2018. - Quarterly GAAP Earnings of $0.33...
Ashford Trust acquires a hotel in California
Ashford Hospitality Trust, Inc. has acquired Hilton Santa Cruz/Scotts Valley in Santa Cruz, California for $50 million. To fund the acquisition the company used...
UK’s Urban Logistics REIT to fund two logistics assets
Urban Logistics, UK industrial and logistics REIT, has signed agreement for the forward funding of two high-quality urban logistics assets at Staffordshire's Stone Business...
LXI REIT buys a care home in Bristol
LXi REIT plc has acquired a Bupa care home in Bristol for £13.8 million, reflecting a 6.4% net initial yield (net of acquisition costs...
Pebblebrook Hotel Trust sells Hotel Palomar Washington
Pebblebrook Hotel Trust has sold the 335-room, Hotel Palomar Washington, DC for $141.5 million. The sale price of $141.5 million reflects a 14.9x EBITDA multiple...
Dexus sells office property for $231.2 million
Australian Real Estate Investment Trust, Dexus, has sold office property, its 100% interest in 11 Talavera Road, Macquarie Park for $231.2 million. 11 Talavera office...
JLL Income sells office building in San Francisco
JLL Income Property Trust has sold a multi-tenant office building, 111 Sutter Street, in San Francisco for $227 million.The asset was the largest single...
ILPT acquires $905.3 million industrial property portfolio
Industrial Logistics Properties Trust (ILPT), real estate investment trust company, has acquired and industrial property portfolios for $905.3 million in total, excluding acquisition related...
Terreno Realty Corporation buys industrial property for $24 million
San Francisco-based real estate investment trust company Terreno Realty Corporation has acquired an industrial property for $24.0 million.The property is located in Maspeth...