Multi-family Housing

New Law Demands More Transparency from NY Brokers

globest.com - Fri, 09/03/2010 - 03:07

NEW YORK CITY-New legislation instituted in New York will require realty brokers to disclose information to sellers and buyers of condos and co-ops in written form describing the relationship between the brokers and their clients and the responsibilities of the brokers.

Categories: Multi-family Housing

Hyatt Regency in Jacksonville Misses Mortgage Payment

globest.com - Fri, 09/03/2010 - 03:07

JACKSONVILLE, FL-The Hyatt Regency in Jacksonville, FL continues to face financial problems being unable to meet mortgage payments for the second time in the last two years on a $150 million securitized mortgage taken out by the ownership group, headed by the Chartres Lodging Group LLC.

Categories: Multi-family Housing

Housing Developers Eagerly Await Large Land Auction

globest.com - Fri, 09/03/2010 - 03:07

AZUSA, CA-Housing developers eagerly await a land auction to be held on Thursday on a property in Azusa, California, to be foreclosed by the US Bank.

Categories: Multi-family Housing

Brooklawn Apartment Trades for $3M

globest.com - Fri, 09/03/2010 - 03:07

BROOKLAWN, NJ-Gebroe-Hammer inked the 54-unit sale in this Southern New Jersey market.

Categories: Multi-family Housing

Apartment REITs Are Soaring

globest.com - Fri, 09/03/2010 - 03:07

SAN FRANCISCO-Marcus & Millichap's Hessam Nadji and Richard Anderson, of BMO Capital Markets talk to CNBC about the good run lasting.

Categories: Multi-family Housing

Lane Bryant CEO 'Pissed' About Q2 Results

globest.com - Fri, 09/03/2010 - 03:07

BENSALEM, PA-The Charming Shoppes chief executive was unhappy about the plus-sized retailer's loss and lagging sales.

Categories: Multi-family Housing

B&N Out, Century 21 In on Upper West Side

globest.com - Fri, 09/03/2010 - 03:07

NEW YORK CITY-A Lower Manhattan fixture for 50 years, Century 21 is leasing 61,000 square feet of retail space near Lincoln Center.

Categories: Multi-family Housing

Online Education Firm Expands By 57,000 SF

globest.com - Fri, 09/03/2010 - 03:07

CARPINTERIA, CA-Lynda.com acquires a former Salvation Army building at 6410 Cindy Lane in its second real estate acquisition in the region.

Categories: Multi-family Housing

Stock Performance Drives REIT Compensation Gains

globest.com - Fri, 09/03/2010 - 03:07

NEW YORK CITY-Surveys by Schonbraun McCann and NAREIT both find REITs cautiously optimistic about their prospects for next year.

Categories: Multi-family Housing

168,000-SF Lease Ranks Among Region's Largest

globest.com - Fri, 09/03/2010 - 03:07

HUNTINGTON BEACH, CA-A wind turbine manufacturer leases a 167,778-square-foot industrial building in the largest such deal this year in West Orange County.

Categories: Multi-family Housing

Glimcher JVs To Pay $245M for Mall

globest.com - Fri, 09/03/2010 - 03:07

HONOLULU-The retail REIT enters into the agreement for the 99% occupied 1-million-square-foot Pearlridge Center with an affiliate of Blackstone Real Estate Advisors.

Categories: Multi-family Housing

Two Walgreen’s Sell for $11M in Atlanta Suburbs

globest.com - Fri, 09/03/2010 - 03:07

ATLANTA-Walgreen's buildings continue to sell across the Southeast as deal-hungry investors move cash from the sidelines to income-generating opportunities.

Categories: Multi-family Housing

Duke Realty Acquires Royal Palm Buildings

globest.com - Fri, 09/03/2010 - 03:07

PLANTATION, FL-Duke Realty is on an acquisition roll even as its office properties defy Broward County vacancy rates.

Categories: Multi-family Housing

Wellington Signs for 450,000-SF Office Campus

globest.com - Fri, 09/03/2010 - 03:07

WOODBURY, MN-The company said it will buy the former State Farm property, which has an asking price of $32 million, and convert the site into multitenant space.

Categories: Multi-family Housing

Citigroup Finds Tenant with Embanet Sublease

globest.com - Fri, 09/03/2010 - 03:07

ELK GROVE VILLAGE, IL-Embanet, a provider of online learning services, has signed to sublease most of a floor at 50 Northwest Point.

Categories: Multi-family Housing

Pinnacle Adds VP During Multifamily Growth

globest.com - Fri, 09/03/2010 - 03:07

DALLAS-The Pinnacle Family of Cos. has hired Michelle Betchner as its first vice president of performance. She says there are only minor signs of recovery so far.

Categories: Multi-family Housing

Duke Realty Acquires 465,492 SF Royal Palm

globest.com - Thu, 09/02/2010 - 08:44

MIAMI-Duke Realty Corp., an Indianapolis-based realty investment firm, has acquired the 465,492 square-foot Royal Palm in Plantation at Southpointe office tower for $100.4 million from TIAA-CREF.

Categories: Multi-family Housing

Century 21 Leases Four-Story Building

globest.com - Thu, 09/02/2010 - 08:44

NEW YORK-Century 21, a department store, is planning to open a store at 1972 Broadway, previously occupied by Barnes & Noble, in New York's Upper West Side.

Categories: Multi-family Housing

Apartment REITs Are Soaring-TEST

globest.com - Thu, 09/02/2010 - 08:44

SAN FRANCISCO-Marcus & Millichap's Hessam Nadji and Richard Anderson, of BMO Capital Markets talk to CNBC about the good run lasting.

Categories: Multi-family Housing

Property Owners Use Strategic Default as Bargaining Tool

nreionline.com - Thu, 09/02/2010 - 08:30
Property Owners Use Strategic Default as Bargaining Tool
Categories: Multi-family Housing
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