Atria Sets Sale of Its Properties to Ventas
October 22nd, 2010Real Estate Investment Trust Ventas will pay $1.5 billion in stock and cash to acquire the real estate assets of Atria Senior Living Group, the nation’s fourth-largest operator of assisted living facilities.
Regulator for Fannie Set to Get Litigious
October 20th, 2010The federal regulator overseeing Fannie Mae and Freddie Mac hired a law firm specializing in litigation as the agency considers how to move forward with efforts to recoup billions of dollars on soured mortgage-backed securities.
Canada Pension Wades Deeper into U.S.
October 20th, 2010Amid global economic turmoil, deep-pocketed investors around the globe, including the Canadian fund, have been drawn to the best buildings in the healthiest American cities to hedge against uncertainty.
Irish Crisis Felt in London
October 20th, 2010The loans on three luxury London hotels have been transferred to Ireland’s state-loan agency, but the owner says the hotels are profitable and it is current on payments.
Caution on REIT Earnings
October 19th, 2010As earnings season gets under way for real estate investment trusts, analysts are warning it isn’t going to be pretty.
Old Firm, Upstart Square Off
October 19th, 2010Two executives who worked much of their careers together at W.P. Carey had a falling out. Now, one is starting a sale-and-lease-back company in direct competition with his former mentor.
FDIC to Shed Some Real-Estate Assets
October 19th, 2010The agency plans to bundle and sell some hard-to-value property loans as commercial mortgage-backed securities to the private sector.
A Bellwether Buy in the Bay Area
October 19th, 2010Buyout shop Fortress acquired an apartment complex in San Francisco in what may be a preview of how troubled but promising real-estate deals will get resolved.
Chinese Property Prices Rebound
October 18th, 2010Property prices in China rebounded in September, underscoring the government’s continuing struggle to stabilize a soaring real-estate market.
New Day for Home Builders
October 14th, 2010Some home builders that collapsed during the early years of the housing bust are emerging from bankruptcy with less debt, choice land holdings and sharpened business plans, giving them a competitive advantage.
