Overall, the move bodes well for class-A malls in the U.S., according to industry analysts.
Investment banking firm Robert A. Stanger & Co. is predicting that fundraising for non-traded REITs will reach $4.2 billion this year.
The fourth quarter 2017 PREA Consensus Forecast shows that respondents anticipate getting a total return of 5.6 for all property types on the NCREIF Property Index in 2018.
The Paris-based company offered a combination of cash and stock that values Westfield at A$10.01 per share, or about 18 percent more than Monday’s closing price.
Fannie Mae and Freddie Mac held 37 percent ($467 billion) of all mortgages on multifamily properties outstanding as of Sept. 30, 2017, according the Federal Reserve data.
BTA Bank's former chairman and members of his family were funneling hundreds of millions of dollars into properties in Europe and the U.S.
The buyout talks remain active, said Bruce Flatt, CEO of Brookfield Asset Management Inc., declining to discuss the negotiations in detail.
Increasingly, HNW investors are snapping up more modest hotels—like a Hilton Garden Inn or a Courtyard by Marriott—in secondary and tertiary markets.
By expanding its range of services, CVS is giving its consumers even more reason to come to its stores, according to industry experts.