The deal values Life Storage at about $11 billion, or $129 a share — about 17 percent above its closing price of $110.58 on Friday.

The White House's proposed Renters Bill of Rights is likely more talk than action, reports Propmodo. Commercial Property Executive takes another look at the $15 billion STORE Capital deal, now that the transaction has closed. These are among today...

With many traditional lenders becoming more conservative in a high-interest rate environment, debt funds see a chance to grab market share.

Frank Cohen, a nearly three-decade firm veteran, will cede leadership of Blackstone’s “Core+” real estate business to Wesley LePatner, the group’s global chief operating officer, according to Blackstone executives.

One of New York City’s largest commercial real estate owners had to write down the value of its portfolio by $600 million, reports Bisnow. The U.S. market saw the delivery of a record amount of new industrial space last year, according to...

As much of the world barrels back to post-Covid normalcy, Canada’s second-largest city is struggling to recover. Its office vacancy rate has soared to 16%, according to CBRE Group Inc., with only Calgary faring worse among the nation’s five...