Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, and Blackstone Real Estate Income Trust, Inc. (BREIT) have jointly announced a landmark deal. Realty Income has signed a definitive agreement to invest a whopping $950 million to acquire both common and preferred equity interests in a new joint venture. This venture owns a […]
Realty Income, The Monthly Dividend Company, will acquire up to 185 single-tenant retail and industrial properties from subsidiaries of CIM Real Estate Finance Trust (CMFT) in an all-cash transaction valued at around $894 million. Leased to 55 retail clients, the collective 185 property portfolio is estimated to include up to 4.6 million square feet of […]
