News
Stan Johnson Expands into Los Angeles
The firm has opened a new regional office in Los Angeles at 10100 Santa Monica Boulevard, a move that is part of a nationwide expansion initiative.
Economy Watch: Failed Bank Total in ’10 Nearly Equals Total in ’09
This year’s number of busted banks, 139, is now almost equal to last year’s total of 140–with more than two months left to go.
New on CPE TV: How to Build in Bulgaria
Tishman International Cos. chairman Alan Levy takes CPE senior editor Paul Rosta behind the scenes of the development of Sofia Airport Center.
CBRE Inks 374,100-SF Warehouse Lease Renewal for Newegg
Newegg will use the space as its warehouse and distribution headquarters for the Northeast.
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.
CREW Report: 20 Under 40 Honored at Banquet
The 20 Under 40 Awards recognize women who are 39 or younger and considered a burgeoning industry leader. This year’s winners represent areas including law, leasing, development, investment, project management and architecture.
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: Women Discuss Getting to Coveted Corner Office
So how do women in the industry climb to the top – and how do they remain there once that goal is achieved?