Commercial Building & Real Estate News

TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) announced today that it has completed the disposition of its Trio property. The disposition follows the execution of a preliminary exchange agreement that was signed on October 10, 2025, subsequent to the end of the third quarter. As previously disclosed, the Trio property had been reclassified as an asset held for sale in the REIT’s consolidated financial statements as at September 30, 2025. The proceeds...

NEW YORK--(BUSINESS WIRE)--Rithm Acquisition Corp. (the “Company”) announced today that it had received written notice on January 26, 2026 (the “Notice”) from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with Section 802.01B of the NYSE Listed Company Manual (the “Listing Rule”) which requires the Company to maintain a minimum of 300 public stockholders on a continuous basis. In accordance with applicable NYSE procedures, the Company has 45 days from receipt of...

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) (the “Company”) today announced the 2025 tax treatment for the Company’s common stock distributions (CUSIP # 04013V-10-8). Form 1099 Reference: Box 1a Box 1b Box 2a Box 3 Box 5 Record Date Payment Date Cash Distribution Per Share Allocable to 2025 Total Ordinary Dividends Qualified Dividends (1) Total Capital Gain Distributions Nondividend Distributions Section 199A Dividends (1) 12/31/2024 1/15/2025 $0.2500(2) $0.2...

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) today announced the tax treatment of its 2025 common stock and 6.50% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) dividends. The following table summarizes KKR Real Estate Finance Trust Inc.’s common stock and Series A Preferred Stock dividend payments for the tax year ended December 31, 2025: Tax Treatment of 2025 Common Stock Dividends Record Date Payment Dat...

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Board of Directors has declared a dividend of $0.40625 per each issued and outstanding share of the Company’s 6.50% Series A Cumulative Redeemable Preferred Stock, which represents an annual dividend of $1.625 per share. The dividend is payable on March 13, 2026 to KREF’s preferred stockholders of record as of February 27, 2026. About KKR Real Estate Finance Trust Inc. KREF is...

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (“Velocity” or the “Company”), a leader in investor real estate loans, today announced the closing of Velocity Commercial Capital, LLC’s, a wholly-owned subsidiary of Velocity (the “Issuer”), previously announced offering of $500 million aggregate principal amount of 9.375% Senior Notes due 2031 (the “Notes”) which was sold at an offering price equal to 100% of the principal thereof in an offering exempt from regist...

ATLANTA--(BUSINESS WIRE)--Cushman & Wakefield announced today that Gregg Metcalf has joined the firm as Executive Director....

HOUSTON--(BUSINESS WIRE)--Lovett Industrial and PCCP break ground on SouthPort 45, a 668,077 SF Class A industrial park in Southeast Houston, delivering Q3 2026....

ATLANTA--(BUSINESS WIRE)--Sixth paragraph, first sentence should read "83,000 square feet" (instead of "77,000 square feet"). The updated release reads: CP Group Unveils Mixed-Use Master Plan for Redevelopment of Piedmont Center Deepening its Atlanta investment, the firm behind the former CNN Center’s transformation will reimagine the 2.2M-SF property as an elevated mixed-use destination CP Group, an owner-operator of office properties across the Sunbelt, today unveiled its master plan and rebr...

SAN FRANCISCO--(BUSINESS WIRE)--Terreno Realty Corporation Announces Tax Treatment of 2025 Dividends...