The government is now liable for as much as $1 billion in damages by failing to buy enough land to hold all the water from the reservoirs.
10 Must Reads for the CRE Industry Today (December 17, 2019)
Rents in Phoenix undergo some of the nation’s fastest-rising rents, according to AP. Forbes reports renting sees a resurgence among seniors and high earners. These are among today’s must reads from around the commercial real estate industry.
University of Oklahoma Sued Over Struggling Luxury Dorm Project
Provident Oklahoma Education Resources has sued the school for not renting the retail and parking spaces at the student housing complex.
Hudson’s Bay Group Said to Consider Shelving Takeover Offer
After regulators delayed the vote on Hudson’s Bay buyout, Richard Baker and his investors’ group might terminate the deal.
The Mystery Of REIT Dividend Cuts In The Great Recession
It’s well known that many REITs cut their dividends during the Great Recession. We find that operating results were not responsible, nor were interest …
REIT Credit Profiles Are Stronger Than Ever, According To Fitch
Ever since the last recession, real estate investment trusts’ (REITs) leverage ratios have been on the decline. That’s something we like to see.
3 REITs Perfect for Retirees
National Retail Properties is indeed a retail REIT, but it focuses on a specific type of property — single-tenant, net-leased properties. The majority of the …
Why Apple Hospitality REIT, Inc. (NYSE:APLE) Is Doing What It’s Doing (2019-12-13)
On its latest session, Apple Hospitality REIT, Inc. (NYSE:APLE) opened at 15.86, reaching a high of 15.98 and a low of 15.74 before closing at a price …
Crucial Facts On Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (Just Released) (2019-12-13)
On its latest session, Medalist Diversified REIT, Inc. (NASDAQ:MDRR) opened at 3.91, reaching a high of 3.9215 and a low of 3.87 before closing at a …
The City Office REIT, Inc. (NYSE:CIO) Moves Explained (2019-12-13)
On its latest session, City Office REIT, Inc. (NYSE:CIO) opened at 12.96, reaching a high of 13.01 and a low of 12.7002 before closing at a price of …