Commercial Real Estate News for Monday April 23

In Monday’s commercial real estate news – we’ll give you a look at the faith organizations partnering with private developers to build affordable housing, the soaring commercial brokerage stocks, the increase in net income for CRE, and so much more.

Faith Organizations Partner with Private Developers to Build Affordable Housing

Increasingly, faith-based institutions are partnering with private developers to develop vacant or underutilized parcels—more specifically, to help bridge the affordable housing divide.
 
 

A Clear Vision for the ‘Swamp’

There’s one clear message emanating from inside the Beltway and that is: few things are clear. It matters little what side of the aisle you lean toward, which papers you read or which nightly commentators you tune in to.

 

Soaring Commercial Brokerage Stocks Suggest Now Is Time For Cushman To Go Public

A jump in stock values this past year for the big five publicly traded commercial real estate brokerages suggests now may be an ideal time for private companies of equal scale to enter the public market.

 
 

A Commercial Mortgage REIT That Helps Me ‘Sleep Well At Night’

Blackstone Mortgage is a commercial mortgage REIT that primarily originates and purchases senior mortgage loans collateralized by properties in the U.S. and Europe. 

 
 

Old National reports record 1st quarter net income of $48.0 million, a 33% increase from a year ago

Old National Bancorp (NASDAQ:ONB) reports 1Q18 net income of $48.0 million, diluted EPS of $0.31. Adjusted1 net income of $51.2 million, or $0.34 per share.

 
 

Agellan Commercial Real Estate Investment Trust (TSE:ACR.UN): What You Have To Know Before Buying For The Upcoming Dividend

If you are interested in cashing in on Agellan Commercial Real Estate Investment Trust’s (TSX:ACR.UN) upcoming dividend of CA$0.07 per share, you only have 3 days left to buy the shares before its ex-dividend date, 27 April 2018, in time for dividends payable on the 15 May 2018. 

 
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