Wells Fargo Securities
Blackstone Mortgage Trust Covers Dividend Third Straight Quarter as Platform Pivots Toward Data Centers and Net Lease
The $19.7 billion CRE lender posted a GAAP net loss but distributable earnings cleared the dividend hurdle, signaling that a portfolio reset built...
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....
Essex Property Trust Taps Bond Market for $350MM to Refinance Maturing Debt
West Coast apartment REIT issues 11-year senior notes at nearly 5 percent as it manages upcoming debt maturities Essex Property Trust, one of...
Healthpeak’s $169MM Write-Down in South San Francisco Signals Biotech Real Estate Reality Check
The company that helped launch the Bay Area’s lab building boom now faces the sector’s downturn, but executives see recovery ahead Denver-based Healthpeak...
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...
Hudson Pacific Properties Plans $600MM Raise in Major Equity Offering to Address Debt Challenges
The struggling West Coast office and studio REIT seeks to shore up finances amid continued market weakness Hudson Pacific Properties Inc. (NYSE: HPP)...
Medallia Announces Pricing of Initial Public Offering
SAN FRANCISCO (July 18, 2019) — Medallia, Inc. (NYSE: MDLA) today announced the pricing of its initial public offering of 15,500,000 shares of its common stock...
Medallia Announces Launch of Initial Public Offering
SAN FRANCISCO (July 8, 2019) – Medallia, Inc. (“Medallia”) today announced the launch of its initial public offering of 14,500,000 shares of common stock....
Thomas H. Lee Partners Completes Acquisition of Majority Interest in Ten-X
IRVINE, Calif. & BOSTON – Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in middle market growth companies, announced...
Five Point Holdings Raises $420MM in Initial Public Offering & Private Placement Proceeds
ALISO VIEJO, Calif.–Five Point Holdings, LLC (“FivePoint”), an owner and developer of mixed-use master-planned communities in coastal California, today announced the closing of...
Five Point Holdings, LLC Announces Pricing of Initial Public Offering
ALISO VIEJO, Calif.–Five Point Holdings, LLC (“FivePoint”), an owner and developer of mixed-use master-planned communities in coastal California, today announced the pricing of...
Hines REIT to Dissolve, Sell 7 West Coast Assets for $1.162B Including 3 in Bay Area
Hines Real Estate Investment Trust, Inc. (“Hines REIT” or the “Company”), one of three public non-listed REITs sponsored by Hines, announced today that...
