News
Economy Watch: Builders, Economy Dour
Confidence in the market for newly built single-family homes was unchanged in May, at the basement level of 16. The National Association of Home Builders/Wells Fargo Housing Market Index has now remained at this level for six out of the past seven months, a long way below the break between optimistic and pessimistic, which is 50.
SL Green Takes Over 205,000-SF N.Y. Office Condo
The transaction marks a regaining of space that had been sold at the top of the market to Gotham Realty.
Equity One, NY Common Retirement Fund Form JV
Per the agreement, the Common Retirement Fund will own a 70 percent stake in the joint venture, leaving Equity One with the remaining 30 percent, as well as management and leasing responsibilities for all shopping-center assets to be purchased.
Economy Watch: CPI Up, Wages Down
Food and energy, those famed non-core consumer items, pushed the U.S. consumer price index upward once again in April.
Re-evaluating Risk: Do New Proposals Adequately Address the Role of the B-Piece Buyer?
On March 29, 2011, banking regulators and the Securities and Exchange Commission jointly issued proposed regulations regarding mandatory “risk retention” applicable to future CMBS issuances.
$3.1B Purchase Makes Ventas Largest Seniors Housing Owner
If size matters, Ventas Inc. has just catapulted to the very top.
Laurus Completes Doubletree Purchase
The firm plans to reposition the San Diego property, including a major renovation to upgrade the resort. The revamp will include a reconfiguration of the lobby, pool deck upgrade and guest room makeover.
Liberty Property Trust Sells 14 Virginia Properties
The $97 million portfolio, which was sold to Lingerfelt Development, totals 918,889 square feet.
Local Real Estate Magnates Revitalize Boston
By Veronica Grecu, Associate Editor
Boston is about to regain full local ownership of one of the city’s most recognized landmarks. Donald Saunders, a local real estate magnate who already owns a 45 percent stake in the Park Plaza Hotel, will […]
Residences Proliferate in DFW Suburbs
By Georgiana Mihaila, Associate Editor
Residents will soon have multiple new options in the Dallas-Fort Worth metro area, thanks to a number of multi-family development projects.
One hundred ninety-four acres of raw land near Dallas-Fort Worth International Airport were purchased following a […]