Piper Sandler
Hudson Pacific Shuns Equity at $8.76 a Share, Bets on JVs and Buybacks to Clear $550MM of 2027-2028 Notes
Hudson Pacific Properties told analysts on its Nov. 5 earnings call that it will not issue stock to meet $550 million of senior...
Northern California Carries Essex as Bay Area Tech Demand Outpaces Seattle, Los Angeles in Q1
The West Coast's largest multifamily REIT beat expectations as cap rate compression and a $62 million stock buyback signaled a private-public valuation gap....
Apartment Titans AvalonBay and Equity Residential Eye $50B Merger That Could Redraw US Rental Map
The two largest US apartment REITs are in early-stage talks on a combination that would create a roughly 200,000-unit landlord and reignite REIT...
Rithm Pivots Paramount Portfolio Into Elecor With $250MM Amenity Blitz Across New York and San Francisco
Michael Nierenberg's $63 billion alternatives firm rebrands its 16-building, 13.8 million-square-foot office platform and doubles down on hospitality-style upgrades to capture flight-to-quality demand....
BMO Launches 145-Branch Expansion Across California and Arizona in Sweeping Westward Push
Canada's third-largest bank by market value plans to grow its California footprint by more than 50 percent over five years, redeploying capital from...
KKR Posts Record Quarter as Insurance and Credit Fuel Growth Machine
The investment giant raised $43 billion in its second-largest fundraising quarter ever, driven by its insurance business and expanding credit platform KKR &...
Federal Realty Breaks Ground on 258 Santana Row Apartments While Planning Sale of 212-Unit Misora
Federal Realty Investment Trust is reshaping its residential portfolio at the flagship Santana Row mixed-use development, announcing plans to sell an existing residential...
