General Growth Offer Has Deadline
March 31st, 2010A Brookfield-led offer for General Growth Properties will remain on the table until year end, pending a ruling by a bankruptcy judge.
General Growth Offer Has Deadline
March 31st, 2010A Brookfield-led offer for General Growth Properties will remain on the table until year end, pending a ruling by a bankruptcy judge.
CRE Firms Lay Out Modes for Operating in a Post-Recessionary Environment
March 31st, 2010It’s the annual report season for the majority of public companies and those from REITs and real estate operating companies not only lay bare the damage from the economic declines of the last year, but also the strategies they intend to adopt this year…
Washington DC Office Market Facing Age of Austerity?
March 31st, 2010The U.S. government is poised to be a primary driver of the nation’s capitol office market recovery in 2010. Beyond this year, though, the outlook isn’t so certain.
For starters, federal demand in 2010 is expected to be even stronger than last year…
Blackstone JV Set Up To Acquire 149 Senior Housing Facilities
March 31st, 2010A U.S. District Court in Portland, OR, has approved an agreement for Stayton SW Assisted Living, an Oregon-based senior living provider formerly known as Sunwest Management and currently reorganizing under Chapter 11 to sell 149 senior housing facilities…
Bank Watch: United Security, Royal Bancshares Join Crowded Field Operating Under Written Agreements
March 31st, 2010United Security Bancshares and its wholly owned subsidiary, United Security Bank in Fresno, CA, entered into a written agreement with the Federal Reserve Bank of San Francisco. The agreement is the result of federal regulator’s examination in June 2009…
Real Money: Freddie Mac To Accept Mezz Financing on Multifamily Deals
March 31st, 2010Freddie Mac yesterday introduced a mezzanine financing arrangement that will allow mezzanine debt on qualifying senior multifamily mortgages (first mortgages) it purchases. Freddie Mac is partnering with experienced multifamily players to help bridge…
JLL Hires Leading Multifamily Team to Further Expand Apts., Capital Markets Business
March 31st, 2010Jones Lang LaSalle (NYSE: JLL) announced its second set of major new hires in as many weeks as it pursues an aggressive strategy of bolstering its capital markets practice.
This time, JLL tapped veteran investment brokers Al Cissel and Scott Melnick…
Lease Up/Lease Down (Mar. 28 – Apr. 3): GSA Expands, Boston Scientific Layoffs Loom
March 31st, 2010CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers in the weekly Lease Up/Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial…
Lease Up/Lease Down (Mar. 28 – Apr. 3): GSA, Booz Allen Ink Major Office Deals in DC
March 31st, 2010CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers in the weekly Lease Up/Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial…
