23 investors compete for LMT and Tet as Latvia nears landmark telecom deal

Broadstone Net Lease: An Investment-Grade Winner Among Diversified REITs, As Margins Recover

Broadstone Net Lease: An Investment-Grade Winner Among Diversified REITs, As Margins Recover

Great News for Broadcom Stock Investors!

The run the company has enjoyed in recent years may not be over.

Peachtree Supplies $56M C-PACE Loan for Conversion of Former CNN HQ in Atlanta

Breaking news: A conversion of CNN’s former global headquarters is underway with fresh long-term capital in hand. A joint venture between CP Group and Rialto Capital Management has secured a 56.4 million loan for the repositioning of the CTR building (previously known as CNN Center) in Downtown Atlanta, Commercial Observer has learned. Peachtree Group originated []

Landlord loses UES grocery condo to foreclosure

Despite grocery-anchored retail properties’ increasing popularity, some owners are still losing buildings to lenders. Through an affiliate, lender MetLife took back the keys at 188 East 64th Street on the Upper East Side through a deed in lieu of foreclosure, Crain’s reported. Real estate firm Gateside Corporation gave up both two units in the deal, a commercial condominium and a parking garage. The deal valued the two units — located at The Royale luxury condo complex — at 44.1 million. The property is also addressed at 1066 Third Avenue. It’s unclear what sparked the foreclosure proceedings; MetLife declined to comment []This article originally appeared on The Real Deal. Click here to read the full story.

SEC OKs San Miguel’s P30-B preferred share offering

THE Securities and Exchange Commission (SEC) has approved the registration of San Miguel Corp.’s (SMC) follow-on offering of preferred shares worth up to P30 billion. In a July 7 meeting, the SEC Commission En Banc declared effective SMC’s registration statement covering 400 million Series 2 preferred shares, subject to the company’s compliance with remaining regulatory []