Business Specialties
Bulgarian Experience: Tishman International Builds at Sofia Airport
Tishman International Cos. chairman Alan Levy takes CPE senior editor Paul Rosta behind the scenes of the development of Sofia Airport Center.
Douglas Emmett Snags Premier 310,100-SF Los Angeles Office Property for $111M
Approximately one month after a bankruptcy court gave the green light for Douglas Emmett Inc. to acquire the 310,000-square-foot Wilshire Bundy Plaza in West Los Angeles, the deal is now done.
Ventas Portfolio, Profile to Swell with $3.1B Atria Purchase
A new deal is turning heads in the seniors housing market, a deal that will put Ventas Inc. at the very head of the table: namely, the healthcare REIT’s definitive agreement to acquire 118 premier properties from Atria Senior Living Group, the nation’s fourth-largest assisted living property operator, in a transaction valued at $3.1 billion.
Pacific Newport Rakes in $85.3M in Southern California’s Largest Industrial Sale of 2010
Harbinger of big change or no, Southern California has just seen its largest industrial property transaction of the year to date with Pacific Newport Properties Inc.’s disposition of Mira Loma Distribution Center.
Economy Watch: FHFA Estimates Fannie, Freddie’s Ultimate Cost
The Federal Housing Finance Agency said on Thursday that the two GSEs might need as much as a combined $363 billion from the federal government through 2013, while the Conference Board Leading Economic Index for the United States increased 0.3 percent in September to 110.4, and chief administrative officer Robert Rizzo or two other top officials of Bell, Calif., have been charged with misappropriating of $180,000 of affordable housing money.
CREW Report: Billingsley Says Global Recovery Afoot, but Staggering
Billingsley, the North American director and head of research at RREEF Alternative Investments, spoke at the 2010 Commercial Real Estate Women Network Convention & Marketplace in San Francisco.
Global Investment Could Hit $290B for Year: Jones Lang LaSalle
By year’s end, global transaction value could jump 35 percent to 40 percent compared to 2009, Jones Lang LaSalle estimates.
Smart & Final Takes 350,000 SF in Southern California
The Commerce, California-based food retail chain inked a 92-month agreement valued at $11.5 million.
Capital Markets Veteran Makes Move to Cushman & Wakefield
Gregory Vorwaller comes to Cushman from CB Richard Ellis, where he served for 17 years.
George Smith Partners Completes $112M Refinance of LA-Area Multi-Family Property
Financing was handled by George Smith principal Gary Tenzer and vice president Nick Silbergeld.