Commercial Real Estate Industry News
A collection of Commercial Real Estate latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Ares Commercial Real Estate (NYSE:ACRE) Price Target Cut to $4.50 by Analysts at Keefe, Bruyette & Woods
Ares Commercial Real Estate (NYSE:ACRE - Get Free Report) had its target price dropped by Keefe, Bruyette & Woods from $5.50 to $4.50 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has an 'outperform' rating on…
Georgia Banking Company Targets Direct Listing Route To Public Markets (Pending:GBC)
Georgia Banking Company is aiming for a direct listing at a $30 reference price, with two-thirds of its shares registered to immediately float, creating potential volatility. GBC has demonstrated improving growth, earnings, and operating leverage…
ConnectOne Bancorp: Improving Fundamentals Despite CRE Concerns (NASDAQ:CNOB)
ConnectOne Bancorp trades at a discounted 0.99x P/B and 9.2x forward P/E, reflecting market caution over commercial real estate risk. CNOB's Q2 results show strong operating performance: 3.42% net interest margin, 42.7% efficiency ratio, and robust…
Furniture retailer acquires Anne Arundel warehouse for $17.75M
Gavigan's Furniture, one of Maryland's largest family-owned furniture retailers, has acquired a warehouse property in Linthicum Heights for $17.75 million, Baltimore real estate firm MacKenzie Commercial Real Estate Services LLC announced. Located…
AI reshaping US economy in unexpected ways
Some economic repercussions of the artificial intelligence boom are impossible to miss. There are data centers measured in miles and retirement accounts soaring from the stock market's AI mania. But like waves pounding a coastline, AI is steadily…
Keefe, Bruyette & Woods Issues Pessimistic Forecast for Ladder Capital (NYSE:LADR) Stock Price
Ladder Capital (NYSE:LADR - Get Free Report) had its price target decreased by stock analysts at Keefe, Bruyette & Woods from $10.75 to $10.25 in a research note issued on Friday, Benzinga reports. The brokerage presently has an 'outperform' rating…
KKR Real Estate Finance Trust (NYSE:KREF) Stock Price Target Lowered at Keefe, Bruyette & Woods
KKR Real Estate Finance Trust (NYSE:KREF - Get Free Report) had its target price reduced by Keefe, Bruyette & Woods from $7.00 to $6.50 in a research report issued on Friday, Benzinga reports. The firm presently has a 'market perform' rating on the…
Inside a Wrigleyville rooftop owner's fight with the Cubs
CHICAGO -- On a recent night at Wrigley Field, the view from beyond left field was almost perfect. There were the iconic bleachers... the ivy on the outfield walls... the field bathed in light. Pete Crow-Armstrong was batting, and the near sellout…
Keefe, Bruyette & Woods Issues Pessimistic Forecast for Walker & Dunlop (NYSE:WD) Stock Price
Walker & Dunlop (NYSE:WD - Get Free Report) had its target price reduced by stock analysts at Keefe, Bruyette & Woods from $57.00 to $45.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has an…
Northshore Toyota Covington Service Expansion Underway
Northshore Toyota — Site of Service Shop Expansion Google Street View Northshore Toyota is in the middle of a construction push to expand its service facility in Covington, with crews working through site prep, foundation pours and drainage…
OceanFirst Financial (NASDAQ:OCFC) Hits New 12-Month Low - What's Next?
OceanFirst Financial Corp. (NASDAQ:OCFC - Get Free Report) hit a new 52-week low during trading on Friday. The stock traded as low as $16.10 and last traded at $16.1050, with a volume of 1386946 shares trading hands. The stock had previously closed…
201 Bourbon St Sold to Local Investor Suresh Sadhwani
A nearly 200-year-old commercial building at the corner of Bourbon and Iberville streets has a new owner. Lata Family Investments LLC closed on the purchase of 201 Bourbon St., a three-story, roughly 6,500-square-foot property in the heart of the…
Keefe, Bruyette & Woods Issues Pessimistic Forecast for Claros Mortgage Trust (NYSE:CMTG) Stock Price
Claros Mortgage Trust (NYSE:CMTG - Get Free Report) had its price objective cut by investment analysts at Keefe, Bruyette & Woods from $2.15 to $1.75 in a research report issued on Friday, Benzinga reports. The firm presently has an 'underperform'…
The RMR Group (NASDAQ:RMR) Now Covered by Analysts at Maxim Group
Stock analysts at Maxim Group began coverage on shares of The RMR Group (NASDAQ:RMR - Get Free Report) in a research note issued on Friday, Briefing.com reports. The brokerage set a 'buy' rating and a $26.00 price target on the financial services…
Starwood Property Trust (NYSE:STWD) Stock Price Target Lowered at Keefe, Bruyette & Woods
Starwood Property Trust (NYSE:STWD - Get Free Report) had its target price cut by research analysts at Keefe, Bruyette & Woods from $18.50 to $16.00 in a report released on Friday, Benzinga reports. The firm presently has an 'outperform' rating on…
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