Investment
Guardian Life Gives Lowe Enterprises a $200M Shot in the Arm
The partnership’s investment goal centers on capitalizing on the recovering real estate market, which presents substantial opportunities for favorable acquisitions. Lowe has already begun mining the country for just the right assets to purchase.
PriceWaterhouseCoopers: Investors Want High Quality Assets But Pickings are Slim
The money is out there, but it doesn’t have a lot of places to go.
Vulcan Enters Phoenix Market Via $35M Acquisition
The eight-story, 260,000-square-foot Tempe Gateway building was completed in 2009 and developed by Opus West. It includes ground-floor retail space and a new parking structure with more than 1,000 spaces, as well as 30,000-square-foot floor plates for a range of tenants.
Duke to Take JV Partner’s Interest in 20.8M-SF Industrial Portfolio for $298M
Duke Realty Corp., acting through its operating partnership, Duke Realty L.P., is about to become the sole owner of Dugan Realty L.L.C., a joint venture between the Indianapolis, Ind.-based company and an institutional real estate investor.
Kennedy Wilson Gets $100M Commitment from Fairfax
Calling it “the single greatest event in Kennedy Wilson’s history thus far,” Kennedy Wilson chairman and CEO William McMorrow on Wednesday announced that the company had secured a stock purchase agreement with Toronto-based Fairfax Financial Holdings Ltd.
SPECIAL REPORT: ABA Panel Outlines Potential Situations in LLCs that Need to be Considered at Time of Formation
The LLC is one of the most widely used, but by no means straightforward, ownership entities today. When creating the original LLC contract, many potential situations need to be anticipated.
Is the Time Right to Invest in Retail? Some Say No
While demand seems to exceed supply for investment sales transactions, not everyone thinks this is the time to acquire retail real estate.
Eyeing the Global CRE Market, Macquarie CNL Commences $1.5B First Public Offering
For the last year, a bevy of new investment vehicles have been popping up in hopes of capitalizing on what is now a buyers’ market in commercial real estate, and Macquarie CNL Global Income Trust Inc. is among the latest.
Kimco Forms JV with Canadian Pension Fund to Buy U.S. Shopping Centers
Prime neighborhood shopping centers will be the target of a new joint venture between New Hyde Park, N.Y.-based Kimco Realty Corp. and the Toronto-based Canada Pension Plan Investment Board. The partnership has kicked off with a $370 million investment that includes Kimco’s contribution of a 2 million-square foot portfolio of five properties.
Colliers: Investors More Sanguine Than Expected
It’s not just pollen or volcanic ash that’s in the air in various locales around the world; optimism regarding the commercial real estate market is floating around, too.