Manulife Purchases Bay Area Office Bldgs. for $265M
September 30th, 2010Manulife Financial, a Canadian financial services group, completed its $265 million acquisition of Market Center, a 770,044-square-foot, two-tower office complex in downtown San Francisco. RREEF America sold the Class A assets for approximately $344 per…
Manulife Purchases Bay Area Office Bldg. for $265M
September 30th, 2010Manulife Financial, a Canadian financial services group, completed its $265 million acquisition of Market Center, a 770,044-square-foot, two-tower office complex in downtown San Francisco. RREEF America sold the Class A assets for approximately $344 per…
Manulife Enters Bay Area With $265M Office Purchase
September 30th, 2010Manulife Financial, a Canadian financial services group, completed its $265 million acquisition of Market Center, a 770,044-square-foot, two-tower office complex in downtown San Francisco. RREEF America sold the Class A assets for approximately $344 per…
General Growth Scion Denied Seat
September 30th, 2010In a final slap to the family that founded mall giant General Growth Properties, the overseers of the bankrupt company have decided against giving the Bucksbaums any representation on the company’s boards or executive offices.
General Growth Founders Denied Board Seats
September 30th, 2010In a final slap to the family that founded mall giant General Growth Properties, the overseers of the bankrupt company have decided against giving the Bucksbaums any representation on the company’s boards or executive offices.
Beijing: Residential Real-Estate Tax Needed
September 30th, 2010China stepped up its rhetoric on the possible introduction of a real-estate tax on residential properties Thursday by describing such a move as a necessary step toward restructuring the economy and promoting healthy and genuine demand for housing.
Mobile-Home Industry Seeks Comeback
September 30th, 2010Builders of manufactured homes missed out on the great American housing boom. Now some of them hope their industry has finally stopped imploding.
Uncertainty Weighs Heavily Over Fourth Quarter Outlook
September 29th, 2010Typically by October, the commercial real estate industry can see its way clearly through the end of the year, with a pretty good idea of what can be accomplished and how the rest of the year will play out. But these are not usual times. The loads of…
Retail Watch: Blockbuster Files Chapter 11; Immediately Closes 145 Stores
September 29th, 2010Blockbuster Inc., a Dallas-based global provider of rental and retail movie and game entertainment through 3,306 stores in the U.S., filed voluntary Chapter 11 petitions with the U.S. Bankruptcy Court for the Southern District of New York. And store closings…
Real Estate Stings a Backer
September 29th, 2010The real-estate bust has taken down hundreds of banks and property companies, but most executives have dodged personal financial hits. Bruce Elieff could become a high-profile exception.
