CMBS Activity: Passing Heat Wave or a Lasting Warming?
December 16th, 2009Winter may have sent its first blast of the season across the country this past week, but a thaw seems to be settling into the CMBS market. Not only did the third CMBS deal in the past month – indeed the past two years – price this past week, but news…
CalPERS Reviewing Consultants After Real Estate, Private Equity Losses
December 16th, 2009The investment portfolio of the California Public Employees’ Retirement System (CalPERS) is showing signs of steady growth except in the areas of commercial real estate and private equity. At the same time, 2010 may prove to offer fertile opportunity…
Bank Watch: Honolulu, Los Angeles and Baltimore Banks Ordered To Boost Capital Soundness
December 16th, 2009Central Pacific Bank in Honolulu agreed to a consent order with the Federal Deposit Insurance Corp. (FDIC) and the Hawaii Division of Financial Institutions. The consent order requires Central Pacific Bank to improve its capital position, asset quality…
IRS Takes 167,000 SF in NoMa
December 16th, 2009The Internal Revenue Service leased 167,000 square feet at 77 K St. NE in Washington, DC. The federal agency will take floors one through six at the 11-story building.
The IRS will relocate from 500 N. Capitol St. NW, an eight-story, 183,129-square…
Lenders to Get Miami Condo Complex
December 16th, 2009Lenders led by HSBC and Bank of America are likely to take ownership of Icon Brickell, a Miami condominium and hotel complex.
Bargain Hunters Look at Dubai
December 16th, 2009News of Dubai World’s woes has property investors giving this city-state a second look.
Green Builders Await the Green
December 16th, 2009It could take months or years for stimulus funding earmarked for making buildings energy efficient to trickle down to contractors.
All-In: Beal’s High-Stakes Moves
December 16th, 2009Carl Icahn and Andrew Beal may make headlines for their business moves, but they have reputations as high-stakes poker players, too.
Lease Up/Lease Down (Dec. 13-19): More Consolidations as the Year Winds Down
December 16th, 2009News of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers has been consolidated into Lease Up/Lease Down. Look to Lease Up/Lease Down every week for valuable information that can be used as a source…
Lease Up/Lease Down (Dec. 13-19): More Consolidations as the Year Nears its End
December 16th, 2009News of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers has been consolidated into Lease Up/Lease Down. Look to Lease Up/Lease Down every week for valuable information that can be used as a source…
