Commercial RE News
Vornado, MGM Resorts in Deal
A Vornado-led partnership is paying MGM Resorts about $80 million for land connected to the Borgata Hotel Casino in Atlantic City.
Categories: Commercial RE News
CoStar's People of Note (July 25-31)
This week's People of Note includes the following markets: Atlanta, Chicago, National, New York City, Phoenix and Portland.
NATIONAL
Former Brookfield Pres. Named CFO at General Growth
Steven J. Douglas, the former president of Brookfield Properties...
Categories: Commercial RE News
iStar Portfolio Fetches $1.3 Billion
Dividend Capital Total Realty Trust Inc., a Denver-based REIT, acquired a portfolio of 39 office and industrial properties for $1.3 billion from iStar Financial Inc. The portfolio is 99% occupied and consists of single-tenant corporate users. Neither...
Categories: Commercial RE News
LNR Property Gets $417 Million Infusion
Commercial real-estate company LNR has secured a $417 million equity infusion to help pay off a chunk of its debt.
Categories: Commercial RE News
For AvalonBay, Long Island Filled With Risk, Reward
The region near New York City is one of the nation's toughest markets to development properties. AvalonBay is undeterred.
Categories: Commercial RE News
Miami Tower Built for Storms
A Miami-based developer is seeking to capitalize on predictions of a rougher hurricane season, which may be a marketing opportunity for him and his new tower at 1450 Brickell Ave.
Categories: Commercial RE News
Office Developers Revive Plans
With Europe's financial sector showing signs of stabilizing, developers have begun to dust off plans. A development boom, however, isn't likely anytime soon.
Categories: Commercial RE News
JLL Promotes 3 in L.A.
Jones Lang LaSalle promoted Aaron Ahlburn, John Strauss and Troy Freeman in its Los Angeles area offices.
Ahlburn (pictured, left), based in El Segundo, specializes in the research of industrial properties and analyzes economic trends in the distribution...
Categories: Commercial RE News
Lease Up/Lease Down (July 25-31): Major NYC Deals for CBS, NFL & Healthfirst
CoStar compiles news of company expansions and relocations, as well as consolidations, closures and layoffs. Look for Lease Up and Lease Down every week, to stay updated on major corporate moves affecting commercial real estate.
In this week's issue...
Categories: Commercial RE News
It's a Low Point for High Point
Vornado Realty Trust is opting to forfeit a 2 million-square-foot furniture mart in High Point, N.C., to holders of its $191 million securitized mortgage.
Categories: Commercial RE News
Boston Properties' Profit Falls, but Beats Its View
Boston Properties' second-quarter earnings fell, as did a key measure of profitability for the office-property owner, but both beat the company's guidance.
Categories: Commercial RE News
Howie Gelbtuch Is a Mini-Donald Trump
Howie Gelbtuch has amassed a grand portfolio of Manhattan real estate. He would be the next Donald Trump were it not for one detail: Most of his buildings stand less than half a foot tall.
Categories: Commercial RE News
Japan's Toyoko Inn Targets New York
Japanese no-frills hotel operator Toyoko Inn is planning to expand into the U.S. market with a 640-room tower in the New York City borough of Queens, where it plans to offer tiny rooms for rates that are among the lowest in the city.
Categories: Commercial RE News
East London Hopes For Olympic Renewal
While building is on schedule for London's 2012 Olympic Games, locals fear the broad urban renewal central to the bid could become a lesser priority.
Categories: Commercial RE News
CoStar to Introduce the First Comprehensive Repeat Sales Index for Commercial Real Estate
CoStar announced it is launching the CoStar Commercial Repeat Sales Index (CCRSI), the first comprehensive repeat sales index for commercial real estate. The index is intended to provide consistent and timely information to help answer some of the fundamental...
Categories: Commercial RE News
In The Pipeline: CoStar Development and Construction News for July 25-31
In this week's Pipeline, the Ak-Chin Indian Community and general contractor PENTA Building Group break ground on $20 million expansion of a Harrah’s Casino south of Phoenix; a Denver-based electrical contractor completes a new design-build $64 million...
Categories: Commercial RE News
CoStar's Deals of Note (July 25-31)
DALLAS/FT. WORTH
Capri Capital Sells 725,351-SF Office Portfolio in Dallas
By Timothy Houseal
Four Dallas office buildings have changed ownership as Capri Capital Partners sold 725,351 square feet at 8111-17 Preston Road and 5949 Sherry Lane to...
Categories: Commercial RE News
CoStar's People of Note (July 18-24)
This week's People of Note includes the following markets: Atlanta, Chicago, Detroit and Raleigh/Durham.
ATLANTA
Avison Young Acquires Hodges Management and Leasing
Avison Young purchased Hodges Management and Leasing Co., an Atlanta-headquartered...
Categories: Commercial RE News
Starwood's Profit Falls 15%
Starwood Hotels reported a 15% drop in earnings on charges as the lodging company continued to see improved demand.
Categories: Commercial RE News
Scrutiny Turns to Retirement Centers
A fast-growing sector of senior housing is coming under increased scrutiny in Washington—continuing-care retirement communities.
Categories: Commercial RE News
Web Retool Blog
AgentSpring Blog
-
14 weeks 1 day ago
-
27 weeks 12 hours ago
-
36 weeks 2 days ago
-
43 weeks 9 hours ago
-
1 year 1 week ago