Bloomberg

The unsolicited offer is at a premium to the REIT’s $4.7 billion current market value.

“Given the investor caution, it does not look like we’re going to achieve our original top-tier pricing objective,” Steven Roth told investors.

Big real estate investment funds are delaying investor redemption requests, reports the Wall Street Journal. Commercial real estate developers will find it hard to secure property insurance until the 2020 election is...

Rescuing struggling malls will be unusually complicated because of byzantine webs of financing.

“We would definitely be interested,” MGM’s CEO James Stewart told investors on Monday.

The REIT sold a stake in the retail properties in 2019 and retained a 51 percent equity interest in the assets that were then valued at $5.6 billion.

A unit of the private equity firm is acquiring a roughly 90 percent interest in the real estate for eight single-tenant data centers in Northern Virginia.

Reef and Oaktree’s infrastructure arm have formed a Neighborhood Property Group to acquired strategic real estate assets.