Anna Spiewak
Realty Income to Acquire American Realty Capital Trust in $3B Transaction
Realty Corp has bought American Realty Income REIT. Under the terms of the deal, the seller would acquire all of the outstanding shares of ARCT for about $3 billion.
NAR: Commercial Real Estate Healing Slowly
Commercial real estate will still be moving at a snail’s pace until the end of the year, as unemployment and tight lending practices continue to dominate the national market.
‘Choose Wisely’
By Marcelo Bermúdez, President, Figueroa Capital Group, a subsidiary of Charles Dunn Company: Figueroa Capital president shares tips on whom to pair up with on your next big deal.
Normandale Lake Office Park Fetches $268M in JV
Normandale Lake Office Park was acquired for $13 million more than the estimate industry experts had expected the joint venture deal to command in the sale.
Economy Watch: Hints of QE3; Mortgage Delinquency, Restaurant Spending Drop
The Fed chairman hinted at a possible economic stimulus coming, but no specifics have yet been given. Mortgage delinquencies are slightly down for the month. Restaurant spending by Americans has decreased.
The Best and Worst Cities for Investment
CPE’s September Special Report gives a mid-year update on the top options for reward over risk and what to avoid.
MetLife’s $60 Billion Man
Robert Merck Leads a Real Estate Debt and Equity Giant By Paul Rosta, Senior Editor Among the ranks of commercial real estate executives, Robert Merck is something of a throwback. In an era when the notion of dedicating a career to a single company seems as old-fashioned as the Nash Rambler, Merck is marking his 30th anniversary this year with Metropolitan Life Insurance Co.’s real estate division. For almost a third of that time, he has headed MetLife’s real estate debt and equity businesses. The affable Georgia native, who frequently exhibits a dry sense of humor, theorizes that his loyalty…
Alternatively Built M-F Development Uses Upcycling as a Hook
A new trend of alternative building for multi-family developments is on the rise. This trend uses upcycling, or the conversion of waste products into new uses.
JLL Completes 163,734-SF Santa Ana Office Lease with Corinthian Colleges
Jones Lang LaSalle represented Corinthian Colleges in its lease renewal of office space in Griffin Towers, Santa Ana, Calif.
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