Airbnb to verify its 7 million properties to improve trust
Airbnb says it will spend the next year verifying that all 7 million of its listings are accurate and that the homes and rooms being offered for It's one of several moves the San Francisco–based... To view the full story, click the title link......»»
Bally"s Corp. Acquires Tropicana Las Vegas For $308 Million
Bally's Corp (NYSE: BALY) has acquired the iconic Tropicana Las Vegas from the real estate investment trust Gaming and Leisure Properties Inc (NASDAQ: GLPI) for $308 million. read more.....»»
Cannabis REIT Innovative Industrial Properties shares fall after earnings
Marijuana real estate investment trust Innovative Industrial Properties Inc. shares fell 2.6% in after-hours trading Wednesday after the company reported first-quarter net income of $11.5 million, or 72 cents a share.....»»
Boston Properties buys site of huge downtown San Jose office project from co-developers ahead of groundbreaking
Real estate investment trust Boston Properties Inc. has purchased the site of Platform 16, a 1.1 million-square-foot office campus near San Jose's Diridon Station and adjacent to Google's planned mixed-use village on downtown's west side that is slated.....»»
Another Navy Yard building trades for top dollar
As part of its divestment in office properties, Liberty Property Trust has closed on the sale of a building that houses Axalta Coating Systems Ltd.’s Global Innovation Center at the Philadelphia Navy Yard for $61.2 million. Apex Capital Manage.....»»
Weed REIT to raise $150 million, stock falls 4%
Cannabis real estate investment trust Innovative Industrial Properties Inc. said late.....»»
Airbnb will verify all listings to improve accuracy — other guests have been greeted with racism and hidden cameras
The company announced new efforts to address unauthorized parties after a shooting tragedy in California......»»
Airbnb to verify listings as deadly incident prompts safety move
Airbnb said Wednesday it would verify all seven million of its listings worldwide after a deadly shooting at one of its California homes fueled fresh safety concerns about the lodging platform. .....»»
TRANSACTIONS: Arbor Realty Trust funds three loans totaling $7 million
ABS Altman Warwick closed an $8.5 million loan on behalf of Wharton Properties for its si.....»»
Auto auction giant Copart buys more Hawaii industrial land for $16M
The land is around the corner from another parcel that Dallas-based Copart Inc. acquired on June 21 from Office Properties Income Trust for $7.1 million......»»
These photos of the Airbnb Luxe properties — like that $1 million island — will blow your mind (and budget)
The new luxury rentals include a French Polynesian island for $150,000 a night.....»»
Priam Properties sets terms for IPO, to raise up to $180 million
Priam Properties Inc. set terms Monday for its initial public offering, in which the Nashville-based real estate investment trust expects to raise.....»»
REIT Postal Realty prices IPO at $17 a share
Postal Realty Trust Inc. , a REIT that owns and manages properties that are leased to the U.S. Postal service, said Wednesday it has priced its initial public offering at $17 a share. The company sold 4.5 million shares to raise $76.5 .....»»
REIT Vici Properties to acquire Jack Cincinnati Casino for about $745 million in cash
Real estate investment trust Vici Properties Inc. said Friday it has entered an agreement to acquire the Jack Cincinnati Casino in do.....»»
Blackstone REIT Upsizes Fundraising Goal by $10 Billion -- With a "B"
BREIT in March closed the $1.8 billion purchase of a 22 million-square-foot portfolio of 146 warehouse and distribution properties across the country. Blackstone Real Estate Income Trust, Inc. (BR.....»»
Tampa investment firm sells two properties for $85 million
Carter Validus Mission Critical REIT, a Tampa-based real estate investment trust, said it sold two data center properties for a total of $85 million. One of the largest privately held companies in the Tampa Bay area, Carter Validus sold its Milw.....»»
NJ-Based Net Lease REIT Raises $455 Million in IPO
Cushman & Wakefield isn't the only commercial real estate firm testing the public markets this week. Essential Properties Realty Trust, Inc., a real estate investment trust that owns and manages triple-n.....»»
Early Uber investor Shervin Pishevar buys Miami Beach mansion for $17 million
A trust headed by Shervin Pishevar, an early investor in ride-hailing giant Uber and home-sharing company Airbnb, bought a waterfront mansion in Miami Beach for $17 million. Fortuna 4647 Pine Tree Drive, managed by Brazilian show dog breeder Victor.....»»
Early Uber investor Shervin Pishevar buys Miami Beach mansion for $17 million (Video)
A trust headed by Shervin Pishevar, an early investor in ride-hailing giant Uber and home-sharing company Airbnb, bought a waterfront mansion in Miami Beach for $17 million. Fortuna 4647 Pine Tree Drive, managed by Brazilian show dog breeder Victor.....»»
Colorado self-storage firm takes part in $1.32 billion joint venture deal
A Greenwood Village real estate investment trust said it's participating in a $1.325 billion joint venture deal to 112 self-storage properties. National Storage Affiliates Trust (NYSE: NSA) said it will sell more than 6 million shares of its stock to pay.....»»
Pacific Office Properties closes $78.5M sale of Pan Am Building to Don Quijote
Pacific Office Properties Trust closed on the sale of the Pan Am Building in Honolulu this week, nearly two years after agreeing to sell the 17-story building to Don Quijote (USA) Co. Ltd. for $78.5 million. The deal closed on Monday, as scheduled.....»»