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commercial real estate
Members National Association Of REALTORS







NEWS AND INFORMATION

Fitch Affirms LNR's Special Servicer Rating for Commercial Real Estate Loans
Fitch Ratings has affirmed the commercial loan special servicer rating of LNR Partners, LLC's at 'CSS1-'.

First REIT's net property income up 9.3% to $24m in Q1
First REIT reported that its net property income grew 9.3% year-on-year to $24.2m in the first quarter, on back of maiden contributions from its new hospital in Indonesia. First REIT's good results were supported by maiden contributions from the newly-acquired Siloam Sriwijaya in Indonesia, as well as step-up rental income from its existing properties.

Fitch Affirms LNR's Special Servicer Rating for Commercial Real Estate Loans
Fitch Ratings has affirmed the commercial loan special servicer rating of LNR Partners, LLC's at 'CSS1-'.

Fort Mill office buildings sold for $39.5 million
The three Class A office buildings total about 178,000 square feet, and opened in the last decade. The tenants include paper company Domtar, other corporate operations and two medical offices.

Traffic moving well in Appomattox today; battle re-enactmment now set for 3 p.m.
1115 a.m. update: While thousands of re-enactors get ready to show a crowd of spectators at the industrial park what it would have been like to fight in one of Gen. Robert E. Lee's final battles, a sm

Big Q1 for U.S. REITs
The FTSE NAREIT All REITs Index had a total return of 4.05% in Q1, more than quadruple the S&P 500's 0.95% total return. The dividend yields of REITs remain nicely higher at quarter's end than the broader market, averaging 3.80% vs. the S&P 500's 2.02%.

Construction of multi-tenant office building set for mid-April in American Center
The 35,440-square-foot building will be the final piece of St. John Properties' Madison East Business Center.