REIT Roundup: 10 Things You Need To Know Today

It's Thursday, closing in on Friday. So here's a dose of REIT news as we inch closer to the weekend.

1. Down in Florida, Atlanta-based Brookdale Six REIT sells "business park" Sunrise corporate park for $75M, pulling in $23.5M in profits. [TRD]

2. Darden's Restaurant has just been approved for a real estate spin-off by the SEC. [Nation's Restaurant News]

3. Moving on from transactions to investments: REITs are a safe place to put your money in this stormy market (so sayeth the New York Times). [NYT]

4. Speaking of which...Shareholders give Forest City green light on planned REIT conversion. [GS]

5. Good news for New York REIT! Analysts at Zacks upgraded it from "sell" to "hold" rating. Here's why. [DFN]

6. Big hotel owner Apple Hospitality REIT just announced a regular monthly cash distribution of $0.10 per common share for the month of November. [MW] 

7. SL Green sells land under NYC's Lipstick building for $452M. [Bisnow]

8. Prologis produced strong Q3 results. Are they an indicator of what's to come for the entire industrial REIT sector? [Seeking Alpha]

9. KBS Capital Advisors forms its seventh office REIT with goal to raise $2.3B. [CoStar]

10. See which 4 REITs are making gains from disruptive technology. [NM]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Inside The Nationwide Jockeying For Opportunity Zones 2.0

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Hines And Rialto Close Office Credit Fund At $1.1B

Chipotle Adding Hundreds Of New Locations Worldwide

'Beyond A Routine Wobble': 10-Year Treasury Clears 5% Ahead Of Key Fed Meeting

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Airbnb Launches $250M Fund To Invest In Affordable Housing

Brookfield Buys Minority Stake In Hyperscale Data Center Developer AREP

Judge Dismisses Suit Alleging Alexandria Misled Investors Over Portfolio Strength

How Companies Can Eliminate Shadow AI And Gain Value From Artificial Intelligence Tools

Canadian CRE Investors Shrug Off Trade War, Spend $9B On U.S. Assets