Allison Landa
Bandolik Returns to Deloitte, Joining Growing Distressed Debt and Asset Practice
Hired as a director with Deloitte Financial Advisory Services L.L.P., Bandolik contributes a background in real estate investment, accounting, investment banking, capital fundraising and debt placement, a combination of skills he views as ideal for advising investors, borrowers and lenders in today’s difficult economy.
Lowe, JBG Partner on Mixed-Use Development in Nation’s Capital
The Fort Totten project will offer residential and retail space and be positioned as a transit-oriented development.
Lennar Wraps Up $740M Acquisition of Distressed Real Estate Assets
All told, 35 percent of the assets are commercial, with the remaining portion accounting for residential assets. The financing portion of the portfolio includes a group of 397 loans consisting predominantly of non-performing residential and commercial acquisition, development and construction loans.
Economy Watch: State Leaders Call for End to Foreclosures
Attorneys general are calling for a halt to foreclosure activity in a number of states, with mixed success.
Boston Properties to Grab the 1.7 MSF John Hancock Tower in Boston for $930M
The John Hancock Tower’s price tag of approximately $289.5 million in cash and the assumption of a $640.5 million senior mortgage loan with a 5.68 percent fixed rate constitutes quite a discount, considering that the property traded in 2006 for $1.3 billion.
Balfour Beatty JV Wins Contract for $1.2B Army Data Center Project in Utah
Securing a government development deal usually means big bucks, and such is the case for a joint venture involving Balfour Beatty Construction, DPR Construction and Big-D Construction.
Economy Watch: Old Republic National Title Nervous about Foreclosed Properties
It’s official: questioning foreclosure documents is a bandwagon, and it seems that many parts of the residential real estate industry are jumping on.
Southern Union Leases 193,000 SF in Houston
Natural gas firm Southern Union has found a new place for its headquarters to dwell.