Shopping Center REIT Execs Push Back Against Negative Fallout from Retailer Bankruptcies May 1, 2017 | by Randyl Drummer | CoStar Retail REITs have been hitting back against the onslaught of negative retail headlines and analyst sentiments during the current round of quarterly earnings conference calls, with executives touting robust leasing, strong shopper foot traffic and…

Economy Watch: Commercial Property Valuations Gain in April April 28, 2017 | by Dees Stribling | Commercial Executive Property The commercial real estate industry saw its strongest price growth since the election, according to Ten-X's latest Commercial Real Estate Nowcast. CRE pricing has risen 9.6 percent in the last 12 months, the strongest annual growth rate…

Griffin Announces Closing on Land Sale May 1, 2017 | Griffin Industrial Realty, Inc. NEW YORK, May 01, 2017 (GLOBE NEWSWIRE) -- Griffin Industrial Realty, Inc. (NASDAQ:GRIF) (“Griffin”) today announced that it closed on the previously announced sale of approximately 67 acres of undeveloped land for approximately $10.25 million in cash, before transaction costs. The land…

Healthcare Trust of America to Acquire Duke Realty's Medical Office Portfolio for $2.75 Billion May 1, 2017 | Healthcare Trust of America, Inc. SCOTTSDALE, Ariz., May 1, 2017 /PRNewswire/ -- Healthcare Trust of America, Inc. (NYSE: HTA) (the "Company"), the largest dedicated owner and operator of medical office buildings in the United States, announced today that…

MVP REIT and MVP REIT II Propose Merger May 3, 2017 | by James Sprow | Blue Vault MVP REIT, Inc. ("MVP I") and MVP REIT II, Inc. ("MVP II") on May 1, jointly announced that, after reviewing strategic alternatives, a special committee of the board of directors of MVP I has accepted a non-binding…

1031 exchanges may be axed by Trump’s tax plan May 1, 2017 | by John Rebchook | Colorado Real Estate Journal Riki Hashimoto’s phone was ringing off the hook late last week. Anxious investors had one question for the commercial real estate broker after President Donald Trump released his still skeletal outline for tax reform last Wednesday:…

Hospitality Investors Trust Completes $1.225 Billion Refinancing and Acquisition of Seven Hotels from Summit Hotel Properties for $66.8 Million May 1, 2017 | Hospitality Investors Trust, Inc NEW YORK, May 1, 2017 /PRNewswire/ -- Hospitality Investors Trust, Inc ("HIT REIT" or the "Company") announced today that it has successfully refinanced two loans and, simultaneously, completed…

US Office Vacancy Rises for First Time Since 2010 as Construction Peaks and Rent Growth Slows April 27, 2017 | by Randyl Drummer | CoStar The U.S. office vacancy ticked up 0.1% in the first three months of 2017 to 10.3% marking the first quarterly increase since 2010. Total net absorption in the US office market…

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