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Bullboard - Stock Discussion Forum Dream Office Real Estate Investment Trust T.D.UN

Alternate Symbol(s):  DRETF

Dream Office Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust. The Trust owns central business district office properties in various urban centers across Canada, with a focus on downtown Toronto. The Trust owns and manages 3.5 million square feet of office land in downtown Toronto. Its objectives include managing its business and assets to provide both... see more

TSX:D.UN - Post Discussion

Dream Office Real Estate Investment Trust > Explains tough day for office REITS
View:
Post by MARKOPOLIS on Sep 22, 2023 6:22pm

Explains tough day for office REITS

no bidders for Signature Bank’s CRE loan portfolio at $33B.
 
Dropped pricing to $16B.
 
Still no bidders.
Comment by borne2run on Sep 22, 2023 7:57pm
Sorry, Markopolis, but that makes zero sense. The majority of the Signature Bank portfolio consists of multi-family properties primarily located in New York City.  That is entirely unrelated to Toronto office properties.  In addition, at least one bidder (Marathon Asset Management) has emerged this week.
Dream Office Real Estate Investment Trust
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