REIT News

LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT Announces Its Flip to Fully Unsecured on Its Senior Credit Facility and Private Placement Notes...

RESTON, Va.--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today that Starbucks will open in a new 1,800-square-foot retail location at 22114 Gramercy Park Drive in Ashburn, Virginia next to the lobby of BLVD in Loudoun Station. Set to open later this year, the nationally recognized coffeehouse is a welcome addition to Loudoun S...

TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit for the month of April 2025. The distribution will be paid by Granite on Thursday, May 15, 2025 to unitholders of record at the close of trading on Wednesday, April 30, 2025. Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A...

TAMPA, Fla.--(BUSINESS WIRE)--Sila Realty Trust Announces First Quarter 2025 Earnings Release Date and Conference Call...

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a 34K square foot expansion and renewal lease with Carolina Herrera, Ltd. – a high-end New York City fashion house and subsidiary of Puig Brands – at 501 Seventh Avenue. "Carolina Herrera remains deeply committed to the New York Fashion District and continues to play a vital role in the fashion ecosystem that the neighborhood nurtures,” said Emilie Rubinfeld, president at Carolina Herrera. “Th...

LOS ANGELES--(BUSINESS WIRE)--The board of directors of KB Home (NYSE: KBH) has declared a quarterly cash dividend of $.25 per share on the Company’s common stock, payable on May 22, 2025 to stockholders of record on May 8, 2025. About KB Home KB Home is one of the largest and most trusted homebuilders in the United States. We operate in 49 markets, have built nearly 700,000 quality homes in our more than 65-year history, and are honored to be the #1 customer-ranked national homebuilder based o...

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of an Outback Steakhouse property for $1.6 million. The property is located in a strong retail corridor in Oklahoma and is corporate-operated under a triple net lease with approximately four years of term remain...

LOS ANGELES--(BUSINESS WIRE)--Archway Capital Announces Launch of Archway Opportunity Fund II, Targeting $100 Million Raise...

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) announced today its recommended cash offer for the acquisition of Care REIT by CR United Bidco Ltd ("Bidco"), a wholly-owned subsidiary of CareTrust (the "Acquisition") for 108 pence per share to be full, fair, and final. The financial terms of the Acquisition therefore will not be increased, save that CareTrust and Bidco reserve the right to revise the financial terms of the Acquisition if: (i) there is an announcement of...

CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap’s Institutional Property Advisors Hires National Director of Multifamily...