Coastal Partners has purchased the Institute Place Lofts office building in Chicago’s River North neighborhood for $17 million.  The transaction amounts to a big loss for seller KBS Growth & Income REIT, which acquired the seven-story building, at 213 West Institute Place, for $43.5 million in 2017, CoStar reported. Cushman & Wakefield brokers Tom Sitz […]

For many real estate investment trusts (REITs) and REIT investors, 2023 has been a year they would just as soon forget. After several years of solid growth, many REITs were punished by interest rate spikes that coincided with a wave of vacancies. This is especially true in the office market and even the residential sector. But other real estate sectors are still booming. Digital Realty shares are up nearly 40% this year. Who Is Digital Realty? Digital Realty (NYSE:DLR) is a publicly traded speci

As an investor, you always appreciate when an analyst upgrades a stock you own. Not only does it support your bullish view, but it usually has a positive effect on the stock price.

Indigenous and environmental groups asked the Ninth Circuit to halt the Willow oil project’s winter construction activities in an effort to prevent what they called the “imminent, irreparable destruction” of the area.