Federal Realty Investment Trust Divests of 108-Unit Levare Apartments in San Jose, California for $74M

Federal Realty Reports Strong Q1 2025 Results, Expands West Coast Footprint - The Registry

Federal Realty Investment Trust (NYSE: FRT), one of the nation’s premier retail real estate investment trusts, reported robust financial results for the first quarter of 2025, demonstrating continued momentum across its portfolio while strategically expanding its West Coast presence. The North Bethesda, Maryland-based company posted a 14.8 percent increase in net income to $66.6 million […] The post Federal Realty Reports Strong Q1 2025 Results,…

Federal Realty Investment Trust Divests of 108-Unit Levare Apartments in San Jose, California for $74M

SAN JOSE, CALIF. — Federal Realty Investment Trust has completed the $74 million disposition of Levare, a Class A apartment building located within Santana Row in San Jose. The name of the buyer was not released. Delivered in 2011, Levare features 108 apartments that were 95 percent leased at the time of sale. The post Federal Realty Investment Trust Divests of 108-Unit Levare Apartments in San Jose, California for $74M appeared first on REBusin…