Atria Sets Sale of Its Properties to Ventas
October 22nd, 2010Real Estate Investment Trust Ventas will pay $1.5 billion in stock and cash to acquire the real estate assets of Atria Senior Living Group, the nation’s fourth-largest operator of assisted living facilities.
Judge Clears General Growth’s Bankruptcy Exit Plan
October 22nd, 2010A bankruptcy judge approved General Growth Properties’s plan to exit from bankruptcy, setting the stage for the mall giant to split into two companies and sell more than $2.1 billion of new stock.
Warehouse Market Sees Gains As Absorption Increases, Vacancies Improve
October 20th, 2010Add another commercial property type that is now on the path to recovery. The U.S. warehouse market joined the office market in clear recovery mode after logging another quarter of positive absorption and improving conditions as the national industrial…
Warehouse Market Sees Gains As Absorption Increases, Vacancies Improve
October 20th, 2010Add another commercial property type that is now on the path to recovery. The U.S. warehouse market joined the office market in clear recovery mode after logging another quarter of positive absorption and improving conditions as the national industrial…
Retail Watch: Walmart Seeking Right Growth Balance for U.S. and Overseas
October 20th, 2010Wal-Mart Stores Inc. presented its global plans for growth of its operating segments for the current and next fiscal year at its annual conference for the investment community.
The company lowered the high end of its range for the current fiscal year…
Retail Watch: Walmart Seeking Right Growth Balance for U.S. and Overseas
October 20th, 2010Wal-Mart Stores Inc. presented its global plans for growth of its operating segments for the current and next fiscal year at its annual conference for the investment community.
The company lowered the high end of its range for the current fiscal year…
Regulator for Fannie Set to Get Litigious
October 20th, 2010The federal regulator overseeing Fannie Mae and Freddie Mac hired a law firm specializing in litigation as the agency considers how to move forward with efforts to recoup billions of dollars on soured mortgage-backed securities.
Canada Pension Wades Deeper into U.S. Real Estate
October 20th, 2010Canada’s national pension fund is paying $91 million for a 45% stake in two Washington, D.C., office buildings as it ramps up its exposure to U.S. real estate.
Canada Pension Wades Deeper into U.S.
October 20th, 2010Amid global economic turmoil, deep-pocketed investors around the globe, including the Canadian fund, have been drawn to the best buildings in the healthiest American cities to hedge against uncertainty.
Vornado Sells Partial Stake in 2 Prime DC Office Assets to Canadian Pension Fund Manager
October 20th, 2010Vornado Realty Trust formed a new partnership with Canada Pension Plan Investment Board in which Vornado sold a 45 percent common ownership interest in two of its Washington, DC, office properties–the Warner Building at 1299 Pennsylvania Ave. and 1101…
