Green Street index: European property prices fall 1% as bid yields widen
Industrial and residential led declines among four sectors Green Street quantified, while data centres, retail and hotel held up on net operating income growth.
Hines Global Income Trust pays $170.5M for Dallas portfolio as US apartment rents rise 0.7% annually
The Bishop Arts apartments are 95% leased and the retail is 98% leased across 22 tenants; Yardi puts September advertised rent at $1,775, down 0.1% from August.
Assembly Real Estate and FitzWalter Capital buy $140M D.C. office loan for $79.5M
The buyers took 700 Sixth Street NW through a deed in lieu of foreclosure, paying about 51% of the building's most recent assessed value.
Heitman and Andover seed self-storage JV with 106 properties
The venture spans 16 states and launches as Yardi Matrix reports new self-storage supply down nearly 19% year over year.
Freddie Mac multifamily delinquency hits a 20-year high of 0.64%
Fannie Mae's rate fell to 0.57% from 0.68% over the same 12 months, and bank-held apartment delinquencies eased to 1.41% in the second quarter.