Multi-family Housing
New Law Demands More Transparency from NY Brokers
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.
Hyatt Regency in Jacksonville Misses Mortgage Payment
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.
Housing Developers Eagerly Await Large Land Auction
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.
Brooklawn Apartment Trades for $3M
BROOKLAWN, NJ-Gebroe-Hammer inked the 54-unit sale in this Southern New Jersey market.
Apartment REITs Are Soaring
SAN FRANCISCO-Marcus & Millichap's Hessam Nadji and Richard Anderson, of BMO Capital Markets talk to CNBC about the good run lasting.
Lane Bryant CEO 'Pissed' About Q2 Results
BENSALEM, PA-The Charming Shoppes chief executive was unhappy about the plus-sized retailer's loss and lagging sales.
B&N Out, Century 21 In on Upper West Side
NEW YORK CITY-A Lower Manhattan fixture for 50 years, Century 21 is leasing 61,000 square feet of retail space near Lincoln Center.
Online Education Firm Expands By 57,000 SF
CARPINTERIA, CA-Lynda.com acquires a former Salvation Army building at 6410 Cindy Lane in its second real estate acquisition in the region.
Stock Performance Drives REIT Compensation Gains
NEW YORK CITY-Surveys by Schonbraun McCann and NAREIT both find REITs cautiously optimistic about their prospects for next year.
168,000-SF Lease Ranks Among Region's Largest
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.
Glimcher JVs To Pay $245M for Mall
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.
Two Walgreen’s Sell for $11M in Atlanta Suburbs
ATLANTA-Walgreen's buildings continue to sell across the Southeast as deal-hungry investors move cash from the sidelines to income-generating opportunities.
Duke Realty Acquires Royal Palm Buildings
PLANTATION, FL-Duke Realty is on an acquisition roll even as its office properties defy Broward County vacancy rates.
Wellington Signs for 450,000-SF Office Campus
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.
Citigroup Finds Tenant with Embanet Sublease
ELK GROVE VILLAGE, IL-Embanet, a provider of online learning services, has signed to sublease most of a floor at 50 Northwest Point.
Pinnacle Adds VP During Multifamily Growth
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.
Duke Realty Acquires 465,492 SF Royal Palm
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.
Century 21 Leases Four-Story Building
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.
Apartment REITs Are Soaring-TEST
SAN FRANCISCO-Marcus & Millichap's Hessam Nadji and Richard Anderson, of BMO Capital Markets talk to CNBC about the good run lasting.

