Allison Landa
Navistar Closes on Alcatel-Lucent Campus
The company’s decision to renew its commitment to the Chicago area was not always about money. At one point during purchase negotiations, community opposition to traffic and other issues that would accompany the company’s move discouraged Navistar and pushed the company to consider relocating outside of Illinois. However, local and state support, a revised plan and the appeal of revenue and high-paying jobs ultimately drowned out naysayers’ complaints.
CPE TV: William Frey, Anthony Downs Discuss America’s Changing Population
Following their ULI Fall Meeting 2010 panel, Brookings Institution senior fellows William Frey and Anthony Downs talk with CPE TV about major changes looming for the U.S. population and how the country’s failure to adequately address them threatens our ability to remain competitive as a country during the coming decades.
Investor Demand Increases Health Care REIT Public Offering
Health Care REIT has expanded the size of its offering from 9 million shares to 10.5 million.
Tax Problems with ‘Zero’ Solutions
By Richard T. Murphy, Calkain Asset Management
A zero to some degree is exactly what it sounds like: an investment that produces zero cash flow. On its face, that doesn’t sound like much of an investment opportunity. Once you understand the investment, its benefits become readily apparent — but there can also be tax issues.
Sternlicht Named CPE Executive of the Year
The Executive of the Year Award recognizes innovation, dealmaking ability, leadership qualities and other contributions to the industry during the fall 2009-to-summer 2010 year.
Debt-Laden $355M Trump Hollywood Has New Owner
First came the debut of the $355 million Trump Hollywood, then came foreclosure, and now new ownership–and it all happened within 15 months.
Economy Watch: Case-Shiller Index Takes a Dive
According to the S&P/Case-Shiller Index that tracks 20 major U.S. markets, the seasonally adjusted month-over-month drop was 0.8 percent, the largest decline since April 2009. The 10-city index was down 0.7 percent.
Check Out CPE’s Digital Edition for December
The winners of the 2010 Executive of the Year Awards are in the December issue of CPE, along with a look at how the congressional shift in balance will impact critical real estate concerns, and up-to-date, pertinent information for your business.
Mixed-Use Miami Condo Property Under New Ownership
It is an oft-told story. Anticipating continued demand, a developer plans a premier project at the height of the condominium market, totally unaware of the impending housing market collapse, and then falls victim to the credit crunch and topples under the weight of financial challenges. Such was the case for Cabi Downtown L.L.C., the developer of Everglades on the Bay.