For two years, Wall Street has dismissed real estate investment trusts (REITs), with the idea that REITs cannot flourish in an inflationary environment with higher interest rates over a longer time. But Wall Street may have gotten it wrong — first-quarter earnings reports for REITs continue coming in with an avalanche of estimate beats. In addition, the winners have been across several subsectors of the real estate universe, including residential, office, healthcare, mortgage, specialized and ho
Seven Hills Realty Trust today announced the closing of a $17.8 million first mortgage floating rate bridge loan to finance the acquisition of the Hilton Village Townhomes, a 160-unit apartment.
NEWPORT NEWS, Va. (WAVY) — A man is dead after a shooting on Bulkeley Place in the Hilton Village Townhomes community in Newport News Wednesday evening, police said. Police got the call at 7:54 p.m. for a shooting in the 500 block of Bulkeley Place, and when officers arrived, they found a man suffering from […]