The changes, which would require congressional approval, would give Fannie, Freddie and their competitors access to an explicit guarantee on mortgage-backed securities that would only be accessible in “limited, exigent circumstances,” according to...
The REITs’ transition from an aggressive acquisition posture to a more disposition-anchored strategy comes against the backdrop of a decline in occupancy rates, a drop in rental rates and a volatile interest rate environment.
Fundraising has increased for the asset class, and new players have entered the space, looking to grow and diversify.
Nigel Morris is joining the board of LendUp Global Inc. and boosting his investment in the firm, which uses machine learning to look beyond traditional credit scores in the subprime market.
Litt’s Land & Buildings Investment Management owns a 6.2 percent stake and has been agitating for a year for the company to unlock its real estate and return value to shareholders.
Few believe there is a salvageable retail business left where Sears is concerned.