Friday, August 31, 2012

Overpriced Real Estate? Well, Maybe It's Art - New York Times

New York TimesOverpriced Real Estate? Well, Maybe It's ArtNew York TimesSales at such stratospheric levels in Manhattan, as well as records in certain neighborhoods in Miami, Los Angeles and a few other pockets isolated from the nationwide collapse in real estate prices, have left real estate professionals struggling to ...

The Zacks Analyst Blog Highlights: Piedmont Office Realty Trust, Catamaran ... - Sacramento Bee

The Zacks Analyst Blog Highlights: Piedmont Office Realty Trust, Catamaran ...Sacramento BeeCHICAGO, Aug. 31, 2012 -- /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently ...and more »

Investors Real Estate Trust to Participate in the 7th Annual North American ... - NASDAQ

Investors Real Estate Trust to Participate in the 7th Annual North American ...NASDAQ31, 2012 (GLOBE NEWSWIRE) -- Investors Real Estate Trust (Nasdaq:IRET) (Nasdaq:IRETP) (NYSE:IRET PRB) today announced that Timothy Mihalick, IRET's President and CEO, will participate in the panel "Local Sharpshooters and Specialists: Is Less ...First Industrial Realty Trust to Participate in the BMO Capital Markets 7th ...Sacramento BeeFirst Industrial Realty Trust Closes $100.6 Million Secured Financing TransactionThe Herald | HeraldOnline.comHEALTH CARE REIT, INC. : Health Care REIT to Attend BMO Capital Markets ...4-tradersTheStreet.com (press release)all 76 news articles »

Investors Real Estate Trust to Participate in the 7th Annual North American Real Estate BMO Conference and Announces ...

MINOT, N.D. -- Investors Real Estate Trust (NYSE:IRET PRB) today announced that Timothy Mihalick, IRET's President and CEO, will participate in the panel "Local Sharpshooters and Specialists: Is Less ...

FelCor Offloads Non-Strategic Asset - Analyst Blog - NASDAQ

FelCor Offloads Non-Strategic Asset - Analyst BlogNASDAQFelCor Lodging Trust Inc. ( FCH ), a real estate investment trust (REIT) that owns upper-upscale hotels, has recently sold the Embassy Suites - Anaheim-North hotel in California for $25.5 million. The non-strategic asset was sold to Urban Commons, LLC ...FelCor Sells Embassy Suites Hotel In AnaheimTheStreet.com (press release)all 9 news articles »

Investors buying real estate with retirement money - Colorado Springs Business Journal

Investors buying real estate with retirement moneyColorado Springs Business JournalHe can help clients who want to buy stock in real estate investment trusts, but he has to turn them away if they're looking to fix and flip houses or buy up rental properties within their accounts. The problem, he said, is that those kinds of holdings ...and more »

First Industrial Realty Trust Closes $100.6 Million Secured Financing Transaction - Sacramento Bee

First Industrial Realty Trust Closes $100.6 Million Secured Financing TransactionSacramento Bee30, 2012 -- /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading owner and operator of industrial real estate and provider of supply chain solutions, today announced the closing of a secured financing transaction with a life ...and more »

Drilling for Income With a Midwestern REIT - TheStreet.com

Drilling for Income With a Midwestern REITTheStreet.com... 08/31/12 - 06:00 AM EDT. Stock quotes in this article: IRET, EOG, CLR, WLL · Tweet. NEW YORK (TheStreet) -- Many real estate investment trust investors invest in the REIT sector based solely on the real estate portfolio and its characteristics and ...Partners Real Estate Investment Trust Announces Exercise of Over-Allotment ...Melodika.net (press release)all 3 news articles »

ISG Capital Corporation Announces Proposed Conversion to Real Estate Investment Trust

First Industrial Realty Trust to Participate in the BMO Capital Markets 7th Annual North American Real Estate Conference

CHICAGO, Aug. 30, 2012 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading owner and operator of industrial real estate and provider of supply chain solutions, today announced that ...

First Industrial Realty Trust Closes $100.6 Million Secured Financing Transaction - Equities.com

First Industrial Realty Trust Closes $100.6 Million Secured Financing TransactionEquities.com30, 2012 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading owner and operator of industrial real estate and provider of supply chain solutions, today announced the closing of a secured financing transaction with a life insurance ...First Industrial Realty (FR) Closes $100.6M Secured Financing TransactioniStockAnalystall 8 news articles »

Acadia Realty Trust to Participate at BMO Capital Markets 7th Annual North American Real Estate Conference on ...

Acadia Realty Trust is scheduled to participate in the BMO Capital Markets 7th Annual North American Real Estate Conference, which will be held on September 5-6, 2012 in Chicago.

First Industrial Realty Trust Closes $100.6 Million Secured Financing Transaction

Inland Real Estate Corporation To Present At BMO Capital Markets 2012 North American Real Estate Conference

Inland Real Estate Corporation today announced that senior management is scheduled to participate in the BMO Capital Markets North American Real Estate Conference being held September 5-6, 2012, in Chicago, Illinois.

Partners Real Estate Investment Trust Announces Exercise of Over-Allotment Option

VICTORIA, BRITISH COLUMBIA-- - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES ...

Inland Real Estate Income Trust, Inc. Announces its Board of Directors

Inland Real Estate Income Trust, Inc., a non-listed company, today announced the five members of its board of directors. Inland Real Estate Income Trust is the newest company to be

Piedmont Office Realty Trust Signs 300000 SF Full Building Lease with ... - Reuters

Piedmont Office Realty Trust Signs 300000 SF Full Building Lease with ...ReutersATLANTA - August 28, 2012 - Piedmont Office Realty Trust, Inc. (NYSE: PDM) has completed a new 12-year lease with Catamaran Corporation (NASDAQ: CTRX, formerly SXC Health Solutions), for the entire 300,686 square foot Windy Point II property, ...and more »

Investors Real Estate Trust Announces 1st Quarter Fiscal 2013 Earnings Release Date and Conference Call Information

MINOT, N.D. -- Investors Real Estate Trust (NYSE:IRET PRB) today announced that it plans to issue an advisory release after the close of market on Monday, September 10, 2012, notifying the public that ...

American Realty Capital Trust IV Approves the Acquisition of Two Properties ... - Sacramento Bee

American Realty Capital Trust IV Approves the Acquisition of Two Properties ...Sacramento Bee27, 2012 -- /PRNewswire/ -- American Realty Capital Trust IV, Inc. ("ARCT IV" or the "Company") announced today that, consistent with its investment strategy, its board of directors approved the acquisition of a CVS pharmacy located in New Castle, ...American Realty Capital Trust Announces Monthly Distribution For September ...Daily Marketsall 36 news articles »

Pure Industrial Real Estate Trust Announces Release of Q2 2012 Financial Results And Cash Distribution For August 2012

Hospitality group pays $17.1 million for Eldon Hotel - Bizjournals.com

Hospitality group pays $17.1 million for Eldon HotelBizjournals.comThe Eldon Luxury Suites hotel at 933 L St. NW sold for $17.1 million, or about $342,000 per room, to a hospitality group that also owns several other boutique hotels in the District. The group acquired the 50-room hotel in D.C.'s Shaw neighborhood on Aug.

Tourist volume, spending, hotel rates push higher for Labor Day - Las Vegas Review - Journal

Las Vegas Review - JournalTourist volume, spending, hotel rates push higher for Labor DayLas Vegas Review - JournalMiles Jackson, 4, waits in line at the MGM Grand on Thursday. An estimated 303,000 people are forecast to visit Las Vegas for Labor Day weekend, up 0.7 percent from 2011's total. Expected nongaming economic impact is $178.7 million, up 3.9 percent from ...Labor Day travelers face traffic congestion, high gas pricesUSA TODAYall 1,018 news articles »

Airport Hyatt owner owes $8.4 million - Pittsburgh Post Gazette

Airport Hyatt owner owes $8.4 millionPittsburgh Post GazetteEven in the best of times, it was unreasonable, he said, to expect hotel room rates in a market like Pittsburgh to generate enough money to pay off $64.5 million in bonds with interest rates of 6 percent to 6.2 percent. "The bottom line here is that ...

New Adelphi Hotel owners in Saratoga happy with first summer season - Bizjournals.com (blog)

New Adelphi Hotel owners in Saratoga happy with first summer seasonBizjournals.com (blog)DONNA ABBOTT VLAHOS | THE BUSINESS REVIEW. Toby Mildé, president of the partnership that bought the Adelphi Hotel in May for $4.5 million, said the partners are finalizing plans for $6 million to $7 million in renovations over the winter and spring.

Historic Moscow hotel is sold - KTVL

Historic Moscow hotel is soldKTVLThe Hotel Metropol was sold today for $275 million at an auction organized by the Moscow city government as part of its privatization program. The winning bid was slightly more expensive than the starting price of $272 million. The buyer is a major ...and more »

Moscow's Hotel Metropol Sold At Auction (PHOTOS) - Huffington Post

AFPMoscow's Hotel Metropol Sold At Auction (PHOTOS)Huffington PostThe hotel was sold Thursday for $275 million – slightly more expensive than the starting price of $272 million – after an auction organized by the Moscow city government as part of its privatization program. The buyer was Azimut, a major Russian hotel ...Moscow sells historic Metropol hotel for $277 millionAFPMoscow's Metropol Hotel, luxurious witness to Russia's troubles and triumphs ...Washington Postall 364 news articles »

Moscow sells historic Metropol hotel for $US277 million ($267 million) - NEWS.com.au

Moscow sells historic Metropol hotel for $US277 million ($267 million)NEWS.com.auMOSCOW has sold off for $US277 million ($267 million) its landmark Hotel Metropol near the Kremlin, an iconic Art Nouveau building where Lenin once gave speeches and stars like Michael Jackson have stayed. Starting at 8.7 billion rubles ($US270 million ...

Famous Dublin Burlington hotel for sale at $81 million - a quarter of its 2007 ... - IrishCentral

Famous Dublin Burlington hotel for sale at $81 million - a quarter of its 2007 ...IrishCentralThe south Dublin city center Burlington Hotel is set to sell for between $81 and $95 million (€65 and €75m). In 2007, property developer Bernard McNamara had bought the property for $360 million (€288m). The landmark four-star hotel has 500 rooms and ...

Moscow's Hotel Metropol sold at auction - Seattle Post Intelligencer

Moscow's Hotel Metropol sold at auctionSeattle Post IntelligencerThe hotel was sold Thursday for $275 million — slightly more expensive than the starting price of $272 million — after an auction organized by the Moscow city government as part of its privatization program. The amount was expected to get much higher ...

Monrovia developer sues city, former redevelopment agency for $106 million

MONROVIA - A local developer is suing the city and the former Redevelopment Agency for $106 million, alleging officials did not live up to agreements regarding a planned 80-acre, transit-oriented development south of the 210 Freeway, officials said Wednesday.

New multi-million pound hotel and 'urban resort' for Edinburgh - Scotsman

ScotsmanNew multi-million pound hotel and 'urban resort' for EdinburghScotsmanAbout 120 jobs will be created when the De Vere Group opens its first venture in the capital on the site of an empty office block near the Western General Hospital. It will be a major boost for the city's tourism industry, which has seen a number of ...De Vere Group plans luxury hotelnews.caterer.comall 3 news articles »

Marina redevelopment back on track

The on-again-off-again redevelopment of the Fort Erie marina — worth over a hundred million dollars — appears to once again be moving forward.

Multi-million pound plans unveiled by Hawes firm

DAIRY bosses have unveiled multi-million-pound redevelopment plans to secure the future of a creamery.

New state law may allow Whittier to use redevelopment bond proceeds

WHITTIER - A new state law has given city officials some hope they may be able to use about $40 million in redevelopment bond proceeds.

Settlement approved to shore up Reno's redevelopment agency finances

Who pays what? • A property tax settlement that will make Reno's redevelopment agency solvent means Reno, Washoe County, the Washoe County School District and the state will return $5.5 million in miscalculated property taxes to the redevelopment agency.

Redevelopment ensures Sharks keep swimming

Just two years after being on the brink of collapse, Cronulla is on the verge of becoming Sydney's NRL super club after being granted approval for a $300 million redevelopment of the club's land.

Hospital upgrade boosts southern services

A $163 million redevelopment of Flinders Medical Centre (FMC) in Adelaide has been officially opened by the Premier and Health Minister.

Will Bunbury Council back Forum expansion?

The $80 million redevelopment of Bunbury Forum will go to a vote at the Bunbury City Council tonight in what is considered the most complex decision to ever cross the council's desk.

Leslie Groves upgrade on target

A $6.5 million redevelopment at Leslie Groves Hospital is on track for completion by late November. read more

Yonkers IDA agrees to tax breaks for $22 million downtown redevelopment

A $22 million plan to turn five downtown properties into lofts, shops and restaurants is moving ahead with initial approval from the city's Industrial Development Agency.

Thursday, August 30, 2012

Real Estate & Development Conference will be ‘Developers Fantasy Camp’

Real Estate & Development Conference will be 'Developers Fantasy Camp'

Imagine you have been appointed king of Milwaukee for a day. You hold all the chips, you press all the buttons and you pull all the levers. And you are a commercial real estate developer.

How today's Akron/Canton commercial real estate market is faring - Smart Business Network

Smart Business NetworkHow today's Akron/Canton commercial real estate market is faringSmart Business NetworkThe Akron/Canton area has seen a lot of commercial real estate activity recently. The area's industrial vacancy rate has gone down slightly, from 8.7 percent last year to 8.5 percent this year. While that rate is slightly above the Cleveland market's 8 ...

Election complicates commercial real estate forecast

Two divergent real estate views for the rest of the year seem to be emerging. One suggests a low transaction volume as investors consider the future tax implications on property transactions depending on who wins November's presidential elections.

Daves Quickly Climbing Commercial Real Estate Ranks - Memphis Daily News

Memphis Daily NewsDaves Quickly Climbing Commercial Real Estate RanksMemphis Daily NewsIn Bryce Daves' three years in the commercial real estate business, he's quickly climbed the ranks to lease some 2 million square feet of property. DAVES. The CB Richard Ellis Memphis associate was promoted in March to leasing agent for Bellbrook ...

Daves Quickly Climbing Commercial Real Estate Ranks

In Bryce Daves' three years in the commercial real estate business, he's quickly climbed the ranks to lease some 2 million square feet of property.The...

Dog Days of Summer - Commercial Property Executive (blog)

Commercial Property Executive (blog)Dog Days of SummerCommercial Property Executive (blog)Home foreclosures rose, commercial mortgage delinquencies increased and employment gains continue to fall far short of what most experts deem is necesssary. Recently, the ... Some real estate data forecasters also offer a favorable outlook. Among them ...

Economy Watch: Beige Book Sees Housing as Bright Spot; Pending Home ... - Commercial Property Executive (blog)

Globe and MailEconomy Watch: Beige Book Sees Housing as Bright Spot; Pending Home ...Commercial Property Executive (blog)Commercial real estate market conditions "held steady or improved in nearly all districts in recent weeks," according to the report, which is a cheerful note in all the gradual-growth malaise. Even better conditions are being reported for residential ...Beige Book: Sales pace slows in the SouthBizjournals.comall 510 news articles »

Manhattan's Peter Cooper Village/Stuyvesant Town Under New Management - Commercial Property Executive (blog)

Manhattan's Peter Cooper Village/Stuyvesant Town Under New ManagementCommercial Property Executive (blog)Tishman defaulted on the mortgage in January 2010, creating the largest commercial mortgage default in U.S. history. The PCV/ST complex was then valued at about $1.9 billion. Working with Rose Associates, the existing property manager, CWCAM ...and more »

Harvest Properties Acquires Concord Medical Facility; Redevelopment Planned for New Tenant Fresenius Medical Care ...

Full service commercial real estate firm Harvest Properties today announced that it has purchased a 152,000 square foot office, R&D and industrial facility in Concord from Siem

Bank Property Lending Retreat a Lehman Legacy: Mortgages - Businessweek

Bank Property Lending Retreat a Lehman Legacy: MortgagesBusinessweekThe amount of new lending for European commercial real estate fell by about 77 percent from 2007 through 2011, according to estimates from Michael Haddock, research director for CBRE (CBG) Group Inc. That's partly because banks are only willing to lend ...and more »

CARMEN Commercial Real Estate to Promote Indiana at European Economic Development Symposium

INDIANAPOLIS, IN-- - CARMEN Commercial Real Estate Services will be promoting Indiana economic development opportunities to European companies exploring expansion into North and South America at an international ...

Charlotte real estate firm to open in Greenville

Collett , a commercial real estate firm based in Charlotte, said Tuesday it will open a Greenville office to serve as its base for expansion across South Carolina.

Commercial Real Estate Market Holds Steady, Improves: Fed - Credit Union Times

Commercial Real Estate Market Holds Steady, Improves: FedCredit Union TimesAccording to the Fed's Beige Book released Wednesday, on the residential side, all of the districts cited increases in home sales, home prices or housing construction. Reports on commercial real estate markets were also generally positive, the report ...

Needed: Commercial property management firms for TBBJ list - Tampa Bay Business Journal (blog)

Needed: Commercial property management firms for TBBJ listTampa Bay Business Journal (blog)The Tampa Bay Business Journal is currently surveying for its annual list of the top 25 Tampa Bay area commercial property management firms. The list is open to any firm with an office in at least one of the following counties: Hernando, Hillsborough, ...and more »

Start-ups Fueling Commercial Real Estate Boom

Can't find affordable office space? Blame your fellow entrepreneurs. In the country's biggest tech clusters, rent prices are going through the roof. Craig Sakuma and Greg Lok are the founders of Deal Decor, a seven-person e-commerce company based in San Francisco that sells discounted furniture directly from overseas manufacturers. In the early days, the founders worked from home to save money ...

Residential and commercial property prices in Malta - Times of Malta

Residential and commercial property prices in MaltaTimes of MaltaIn the aftermath of the financial and economic crisis of 2007, property market conditions around the world are increasingly being seen as a potential source of economic risk which, if not addressed appropriately, could destabilise financial markets and ...

Bad commercial real estate loans on the decline

The lone Long Island bank that made the list of lenders carrying the least amount of bad commercial real estate loans is Bridgehampton National Bank.

Glut Means Gloom for China's Once-Sunny Commercial Property Sector - Wall Street Journal (blog)

Wall Street Journal (blog)Glut Means Gloom for China's Once-Sunny Commercial Property SectorWall Street Journal (blog)A glut of office space in some Chinese cities appears to be taking its toll on the country's commercial property sector, dimming prospects for a part of the economy that had been held up as a cause for hope amid anxieties over slowing growth. While ...

CARMEN Commercial Real Estate Launches Not-for-Profit Partnership Program

INDIANAPOLIS, IN-- - CARMEN Commercial Real Estate Services announced today the launch of CARMEN Cares , a program benefiting not-for-profit organizations.For qualifying not-for-profits, the program provides ...

Commercial Real Estate Recovering at a Slower Pace

WASHINGTON, DC-- - Positive underlying fundamentals continue to support all of the major commercial real estate sectors, but a slowdown in job creation and ongoing tight loan availability has tempered ...

Few Cincinnati commercial real estate firms adding agents - Bizjournals.com (blog)

Few Cincinnati commercial real estate firms adding agentsBizjournals.com (blog)Despite some high-profile action in the commercial real estate market, mainly the opening of the Great American Tower at Queen City Square downtown, local sales and leasing didn't really take off in 2011. Of the commercial real estate firms that ...

Real estate agent embraces tasty niche, nickname as Pancake King - Bizjournals.com (blog)

Real estate agent embraces tasty niche, nickname as Pancake KingBizjournals.com (blog)Commercial real estate agent Bob King has found a tasty niche selling pancake restaurants, earning him the nickname of Pancake King. Sanford Nax: Staff Writer- Sacramento Business Journal: Email | Twitter | LinkedIn. It probably isn't too surprising ...and more »

Acadia Realty Trust to Participate at BMO Capital Markets 7th Annual North American Real Estate Conference on ...

Acadia Realty Trust is scheduled to participate in the BMO Capital Markets 7th Annual North American Real Estate Conference, which will be held on September 5-6, 2012 in Chicago.

First Industrial Realty Trust Closes $100.6 Million Secured Financing Transaction

Inland Real Estate Corporation To Present At BMO Capital Markets 2012 North American Real Estate Conference

Whole Foods has its eye on Johnnie's Foodmaster - Boston.com

Whole Foods has its eye on Johnnie's FoodmasterBoston.comWhole Foods Market is in talks to buy or take over leases for half a dozen Johnnie's Foodmaster locations in eastern Massachusetts, possibly bringing an end to one of the last urban family grocery chains, according to several real estate officials ...and more »

Partners Real Estate Investment Trust Announces Exercise of Over-Allotment Option

REAL ESTATE: Tuscan Townhomes acquired for $10.5 million - Press-Enterprise

Press-EnterpriseREAL ESTATE: Tuscan Townhomes acquired for $10.5 millionPress-EnterpriseNow part of Pathfinder's portfolio of more than $500 million in defaulted commercial real estate loans and bank-owned properties, Pathfinder and its operating partner, Stratford Partners, plans to spend $240,000 to upgrade interior living spaces, add a ...and more »

Inland Real Estate Income Trust, Inc. Announces its Board of Directors

Inland Real Estate Income Trust, Inc., a non-listed company, today announced the five members of its board of directors. Inland Real Estate Income Trust is the newest company to be

Commercial Real Estate Delinquencies at 42-Month Low - Wall Street Journal (blog)

Commercial Real Estate Delinquencies at 42-Month LowWall Street Journal (blog)Companies continue to do a better job keeping current on their commercial real estate loan payments, as the delinquencies reported on such loans fell to a 14-quarter low at the end of June, according to research released Wednesday by SNL Financial.

Real Estate & Development Conference will be 'Developers Fantasy Camp' - BizTimes.com (Milwaukee) (blog)

Real Estate & Development Conference will be 'Developers Fantasy Camp'BizTimes.com (Milwaukee) (blog)BizTimes is asking that question to three of southeastern Wisconsin's most prolific, accomplished and visionary commercial real estate developers. They will present their dream projects at the 10th annual BizTimes Commercial Real Estate & Development ...and more »

PennyMac Mortgage Investment Trust to Present at the Barclays Global Financial Services Conference

PennyMac Mortgage Investment Trust , a real estate investment trust that primarily invests in residential mortgage loans and mortgage-related assets, announced today that its President and Chief Operating Officer, David Spector, will present at the Barclays Global Financial Services Conference to be held in New York City on Monday, September 10, 2012 at 12:00 p.m.

Commercial real estate: Clarion Redevelopment secures Clarion Hotel for $3.3 ... - The News-Press

Commercial real estate: Clarion Redevelopment secures Clarion Hotel for $3.3 ...The News-PressThe Clarion Hotel at 2635 S. Cleveland Ave., Fort Myers, was purchased for $3.3 million by Clarion Redevelopment Group from Walnut & Vine Properties I LLC, a Fifth Third Bank company. Jim Kinsey of Kinsey Associates provided local brokerage services ...

Charlotte-based commercial real estate firm to open a branch in Greenville - Greenville News

Charlotte-based commercial real estate firm to open a branch in GreenvilleGreenville NewsFounded in 1987, Collett is a regional commercial real estate services firm which employs 40 real estate professionals, manages approximately 6 million square feet of commercial space in 8 states, and has developed more than 95 projects totaling 14 ...

Investors Real Estate Trust Announces 1st Quarter Fiscal 2013 Earnings Release Date and Conference Call Information

How to play the rebound in commercial real estate - MarketWatch

How to play the rebound in commercial real estateMarketWatchOne of the more interesting new highs for my money, though, is Apollo Commercial Real Estate Finance Inc. (NYSE:ARI) , which went public in late 2009 and just exceeded its IPO price in July before blasting higher. The company focuses on originating, ...

Inland Real Estate Acquisitions, Inc. Announces the Purchase of The Shops at Moore in Moore, Oklahoma for $38.75 Million

Inland Real Estate Acquisitions, Inc. announced today the acquisition of The Shops at Moore in Moore, Okla., for $38.75 million. The 259,996-square-foot shopping center was completed in 2008 and is anchored by JCPenney.

Colonial Properties Trust to Participate in BMO Capital Markets 7th Annual North American Real Estate Conference

Colonial Properties Trust announced today that it will participate in the BMO Capital Markets 7th Annual North American Real Estate Conference scheduled September 5 through September 6, 2012, at the Four Seasons Hotel Chicago.

Reports Say That Despite Supports, Commercial Real Estate is Recovering at ... - LoanSafe

Reports Say That Despite Supports, Commercial Real Estate is Recovering at ...LoanSafe(Source: NAR) – Positive underlying fundamentals continue to support all of the major commercial real estate sectors, but a slowdown in job creation and ongoing tight loan availability has tempered growth in some areas, according to the National ...NAR: Commercial Real Estate Recovering At Slow PaceMortgageorbSlowing Job Creation, Tight Lending Hampers US Commercial Market Recovery ...World Property ChannelCommercial Real Estate Recovering at a Slower PaceMarketWatch (press release)Journal Record (subscription)all 14 news articles »

Pure Industrial Real Estate Trust Announces Release of Q2 2012 Financial Results And Cash Distribution For August 2012

Wednesday, August 29, 2012

School districts sue Industry, say city owes more than $100 million - San Gabriel Valley Tribune

School districts sue Industry, say city owes more than $100 millionSan Gabriel Valley Tribune"We thought we could resolve it with the redevelopment agency," Frutos said. Mt. SAC officials chose not to join the lawsuit, instead opting last month for a one-time payment of $5 million from Industry. "We're pleased with the settlement because it's ...and more »

State: Milpitas redevelopment assets incorrectly transferred - Milpitas Post

State: Milpitas redevelopment assets incorrectly transferredMilpitas PostChiang's office also found that an additional $87.6 million of redevelopment assets have not yet been transferred to the successor agency, and the report said it will require that to happen. In total, the audit determined that $234.7 million in ...2 California cities mishandled redevelopment money, audit findsLos Angeles Timesall 8 news articles »

Marina redevelopment back on track - Niagarathisweek.com

Marina redevelopment back on trackNiagarathisweek.comMarina redevelopment back on track. The on-again-off-again redevelopment of the Fort Erie marina — worth over a hundred million dollars — appears to once again be moving forward. The on-again-off-again redevelopment of the Fort Erie marina — worth ...

Why housing associations should build commercial property

Social housing and care providers are at a crossroads – without grant funding they must take a slice of the property market for themselves Housing associations are at a cross roads. Gone are the "good old days" when the path ahead was obvious. While we used to be sheltered from market risks and business perils by generous funding arrangements and a healthy dose of benign regulation, these have ...

Settlement approved to shore up Reno's redevelopment agency finances - Reno Gazette Journal

Settlement approved to shore up Reno's redevelopment agency financesReno Gazette JournalA property tax settlement that will make Reno's redevelopment agency solvent means Reno, Washoe County, the Washoe County School District and the state will return $5.5 million in miscalculated property taxes to the redevelopment agency. Here's how ...Reno approves settlement agreement to correctly fund redevelopmentFoxReno.comDeal reached over redevelopment agency tax concernsKRNV My News 4all 3 news articles »

Grocon's McNab Avenue works a $350 million 'shot-in-the-arm' for Footscray - Maribyrnong Weekly

Grocon's McNab Avenue works a $350 million 'shot-in-the-arm' for FootscrayMaribyrnong WeeklyA $350MILLION redevelopment in the heart of Footscray will draw a host of new investments to the suburb, Planning Minister Matthew Guy predicts. Speaking at the official start of the stage one construction of Grocon's McNab Avenue development, Mr Guy ...and more »

Commercial real estate: Clarion Redevelopment secures Clarion Hotel for $3.3 ... - The News-Press

$21 million gallery redevelopment needs a rethink: Buman - Newcastle Herald

$21 million gallery redevelopment needs a rethink: BumanNewcastle HeraldTHE $21million redevelopment of the Newcastle Art Gallery should be shelved for ''a thorough rethink'', Cr Aaron Buman said yesterday. Newcastle City Council may need to contribute an extra $7million to complete the gallery development, after the State ...

Residents ponder cemetery in Civic Center

Meeting about buying vacant commercial property also sparks ideas for a park and urgent care center.

Redevelopment ensures Sharks keep swimming - The Canberra Times

NEWS.com.auRedevelopment ensures Sharks keep swimmingThe Canberra TimesJust two years after being on the brink of collapse, Cronulla is on the verge of becoming Sydney's NRL super club after being granted approval for a $300 million redevelopment of the club's land. Cronulla chairman Damien Irvine said speculation over ...Cronulla Sharks shore up financial futureSBSLong fight to save Sharks club from ruinSt George and Sutherland Shire Leaderall 125 news articles »

Looking to Add Value to Your Pre-Existing Commercial Property in South Florida

Peak Solar looking for Commercial Owners for FPL (Florida Power and Light) Solar Rebate Program.(PRWEB) August 28, 2012 PeakSolar.com, a Boca Raton solar developer and integrator is currently looking for owners / and developers of commercial sites within the FPL (Florida Power and Light) service area that would be interested in dramatically reducing their electric bill and add value to their pre ...

London weighting pays off for F and C Commercial

F and C Commercial Property Trust just about achieved an increase in net asset value (NAV) per share total return in the first half of 2012 as property values declined.

Flinders Medical Centre opens $163 million redevelopment - NEWS.com.au

Yahoo!7 NewsFlinders Medical Centre opens $163 million redevelopmentNEWS.com.auFLINDERS Medical Centre's $163 million redevelopment was officially opened this morning. The hospital - originally built in 1976 - has had numerous upgrades over the past five years including an upgraded emergency department, expanded operating ...Hospital upgrade boosts southern servicesABC Onlineall 7 news articles »

Paragon buys Future Electronics building in Bolton

The arrival of Bolton's newest commercial resident has the town excited. Paragon Holdings recently acquired the 72.23-acre commercial property at 41 Main St. for $8 million from RGM Holdings. Previously owned by Future Electronics, the property is 301,647 square feet and includes a gym, cafeteria, softball field, picnic areas, basketball courts, and jogging trails.

King, Worthan, Segebart discuss Farm Bill, commercial property tax reform during GOP fundraiser

National issues, such as a new Farm Bill, and state issues, such as commercial property tax, mental health regionalization, an increased gas tax and educational reform, topped discussion during a GOP...

Capital growth continues for commercial property markets

The PCNZ/IPD Commercial Property Index provides a measure of investment market performance across office, retail and industrial property sectors.

Capital growth continues for NZ commercial property

The PCNZ/IPD Commercial Property Index provides a measure of investment market performance across office, retail and industrial property sectors. The index is comprised of data from 20 participants, representing 25 funds/portfolios with 575 assets worth ...

Highcroft Invs PLC - Commercial property investment

HIGHCROFT INVESTMENTS PLC Commercial Property Investment The Board is pleased to announce that Rodenhurst Estates Limited (the property owning subsidiary of Highcroft Investments PLC) completed the purchase ...

Commercial property vacancy rate 11pc

Ireland's vacancy rate for commercial property stands at 11pc in 2012. 23,834 commercial units were recorded as vacant in June 2012 from the total stock of 226,622 nationally.

Pleasantville hopes to start $150 million redevelopment in spring 2013 - Press of Atlantic City

Pleasantville hopes to start $150 million redevelopment in spring 2013Press of Atlantic CityPLEASANTVILLE — City officials say construction on the first phase of an $150 million City Center redevelopment project is expected to start in spring — a year and a half behind schedule. Phase I, a $55 million section called "The District," will ...

TEMPLE REAL ESTATE INVESTMENT TRUST : Temple REIT Announces Plan ... - 4-traders

Globe and MailTEMPLE REAL ESTATE INVESTMENT TRUST : Temple REIT Announces Plan ...4-tradersWINNIPEG, MANITOBA, August 28, 2012 - Temple Real Estate Investment Trust (TSX: TR.UN) ("Temple" or the "REIT") today announced that the REIT and its affiliated entities, TR Trust, Temple Limited Partnership and Temple General Partner Inc., as well as ...Large nontraded REIT set to make splash with 'liquidity event'InvestmentNewsTemple REIT to convert to corporate structureGlobe and MailLakeview Hotel REIT Reports 2nd quarter Financial ResultsStockhouseLaw360 (subscription)all 19 news articles »

Marina redevelopment back on track

The on-again-off-again redevelopment of the Fort Erie marina — worth over a hundred million dollars — appears to once again be moving forward.

Multi-million pound plans unveiled by Hawes firm

DAIRY bosses have unveiled multi-million-pound redevelopment plans to secure the future of a creamery.

PennyMac Mortgage Investment Trust to Present at the Barclays Global ... - The Herald | HeraldOnline.com

PennyMac Mortgage Investment Trust to Present at the Barclays Global ...The Herald | HeraldOnline.comPennyMac Mortgage Investment Trust (NYSE: PMT), a real estate investment trust that primarily invests in residential mortgage loans and mortgage-related assets, announced today that its President and Chief Operating Officer, David Spector, will present ...and more »

4 REITs With Dividend Yields Between 7% And 13% - Seeking Alpha

4 REITs With Dividend Yields Between 7% And 13%Seeking AlphaInvestors starving for large dividend yields should have a look at the following high yielding Real Estate Investment Trusts (REITs). These entities have yields between 7% and 13%, so investors don't have to starve for generous distributions. The ...High Yielding REITs Outperform Broader Markets as U.S. Housing Market ...SYS-CON Media (press release)all 8 news articles »

STOCKS NEWS SINGAPORE-S'pore, Bangkok commercial assets to drive ... - Reuters

STOCKS NEWS SINGAPORE-S'pore, Bangkok commercial assets to drive ...ReutersPacific Star Group, a real-estate investment firm, said it expects retail and office sectors in Singapore and Bangkok to drive investment in Asia's property sector, despite a deteriorating Chinese outlook and global economic woes. Property companies or ...and more »

American Assets Trust - Momentum - NASDAQ

American Assets Trust - MomentumNASDAQWith an impressive year-to-date return of 32.3% and decent earnings growth expectations of 12.8% for 2012 and 9.2% for 2013, this office REIT (real estate investment trust) is poised to continue the growth momentum that began in October 2011. American ...and more »

New state law may allow Whittier to use redevelopment bond proceeds

WHITTIER - A new state law has given city officials some hope they may be able to use about $40 million in redevelopment bond proceeds.

Settlement approved to shore up Reno's redevelopment agency finances

Piedmont Office Realty Trust Signs 300000 SF Full Building Lease with ... - Reuters

Rackspace Hosting Australia Selects Digital Realty For Its First Data Center ... - The Herald | HeraldOnline.com

Rackspace Hosting Australia Selects Digital Realty For Its First Data Center ...The Herald | HeraldOnline.com28, 2012 — /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center solutions, announced today that it has signed a new 480 kW Turn-Key FlexSM lease with Rackspace Hosting Australia Pty Limited, at its site in ...and more »

Redevelopment ensures Sharks keep swimming

Just two years after being on the brink of collapse, Cronulla is on the verge of becoming Sydney's NRL super club after being granted approval for a $300 million redevelopment of the club's land.

Investors Real Estate Trust Announces 1st Quarter Fiscal 2013 Earnings ... - NASDAQ

Investors Real Estate Trust Announces 1st Quarter Fiscal 2013 Earnings ...NASDAQ28, 2012 (GLOBE NEWSWIRE) -- Investors Real Estate Trust (Nasdaq:IRET) (Nasdaq:IRETP) (NYSE:IRET PRB) today announced that it plans to issue an advisory release after the close of market on Monday, September 10, 2012, notifying the public that a ...and more »

American Realty Capital Trust IV Approves the Acquisition of Two Properties ... - Sacramento Bee

American Realty Capital Trust Announces Monthly Distribution for September 2012 - Sacramento Bee

American Realty Capital Trust Announces Monthly Distribution for September 2012Sacramento BeeNEW YORK, Aug. 27, 2012 -- /PRNewswire/ -- American Realty Capital Trust, Inc. (the "Company") (NASDAQ: ARCT) announced today that it will make its first payment of its annual dividend at the new annualized rate of $0.715 per share, as authorized by ...

Cronulla Sharks shore up financial future

Cronulla's financial future looks bright after the NSW government approved a $300 million redevelopment of land around the Sharks Leagues Club.

Hospital upgrade boosts southern services

A $163 million redevelopment of Flinders Medical Centre (FMC) in Adelaide has been officially opened by the Premier and Health Minister.

Will Bunbury Council back Forum expansion?

The $80 million redevelopment of Bunbury Forum will go to a vote at the Bunbury City Council tonight in what is considered the most complex decision to ever cross the council's desk.

Leslie Groves upgrade on target

A $6.5 million redevelopment at Leslie Groves Hospital is on track for completion by late November. read more

Yonkers IDA agrees to tax breaks for $22 million downtown redevelopment

A $22 million plan to turn five downtown properties into lofts, shops and restaurants is moving ahead with initial approval from the city's Industrial Development Agency.

Tuesday, August 28, 2012

Burlington Hotel on market for one-quarter of 2007 price - Irish Times

Irish TimesBurlington Hotel on market for one-quarter of 2007 priceIrish TimesThe hotel is understood to have made profits of between €5 million and €6 million last year when the room occupancy rate was running at 70-75 per cent. A sizeable proportion of the profits come from the extensive banqueting hall, which can accommodate ...

Allentown's Americus Center hotel added to expanding hockey arena tax zone - Allentown Morning Call

Allentown Morning CallAllentown's Americus Center hotel added to expanding hockey arena tax zoneAllentown Morning CallWith the city expected to sell $234 million worth of bonds next month to build the 8,500-seat arena, office and hotel complex at Seventh and Hamilton next month, Tuesday was ACIDA's last chance to alter the zone. The Allentown Neighborhood Improvement ...Allentown hockey arena tax district to include Americus Hotel, other propertiesLehighvalleylive.comall 146 news articles »

Commercial real estate: Clarion Redevelopment secures Clarion Hotel for $3.3 ... - The News-Press

Adams Morgan ANC Backs Boutique Hotel, But MPD Opposes - DCist.com

DCist.comAdams Morgan ANC Backs Boutique Hotel, But MPD OpposesDCist.comThe dueling recommendations on the 152,000-square-foot, $100 million-plus hotel project set up a fight before the zoning commission, which will kick off Sept. 6 with a public hearing, followed by another hearing Sept. 13 if needed. While it will ...DC Groups Split Over $127M Adams Morgan Hotel ProjectLaw360 (subscription)all 3 news articles »

TV Ratings: Strong 'Hotel Hell,' 'Hell's Kitchen' lead FOX Monday - HitFix

HitFixTV Ratings: Strong 'Hotel Hell,' 'Hell's Kitchen' lead FOX MondayHitFix8 p.m. - "Hotel Hell" started primetime in first for FOX with 5.91 million viewers and a 2.3 rating among adults 18-49. CBS' repeats of "How I Met Your Mother" and "The Big Bang Theory" finished second with 5.675 million viewers and a 1.7 key demo ...Ratings: 'Hotel Hell,' 'Hell's Kitchen' Rise; Fox Wins NightTheWrapFox's 'Hell's Kitchen' and 'Hotel Hell' reach new summer high ratings, 'Stars ...TheCelebrityCafe.comMonday's Broadcast Ratings: "Hell's Kitchen" Rises to Season High for FOXThe Futon CriticOrlando Sentinel (blog) -Digital Spy -Chicago Tribuneall 124 news articles »

Videos Show Hackers Refining Hotel Lock Trick That Opens Millions Of Rooms - Forbes

TnoozVideos Show Hackers Refining Hotel Lock Trick That Opens Millions Of RoomsForbesIn his presentation, Brocious showed how he was able to build a small tool for less than $50 that can be inserted into the data port on the bottom of more than four million Onity locks around the world to open them in seconds. But at the time of his ...Hotel Keycard Lock Hacker Questions Firmware FixInformationWeekHackers target hotel room key-card securityInfosecurity Magazineall 4 news articles »

MGM Resorts donates $2.3 million to campaign in favor of Maryland casino ... - Las Vegas Review-Journal (blog)

MGM Resorts donates $2.3 million to campaign in favor of Maryland casino ...Las Vegas Review-Journal (blog)MGM Resorts International has donated $2.3 million to group that is supporting casino expansion in Maryland. The casino operator, which wants to build a $700 million hotel-casino complex in suburban Maryland, donated the money to For Maryland Jobs and ...and more »

Global hotel pulse: Americas news - Hotel News Now

eTurboNewsGlobal hotel pulse: Americas newsHotel News NowThe U.S. hotel industry reported in July 2012 the most rooms sold during a single month since STR started tracking hotel performance in 1987, according to data from STR. Demand during July increased 1% to 1.06 million roomnights sold, breaking the July ...Scotland leads Europe in hotel occupancy rateseTurboNewsall 15 news articles »

Connecticut Homes Biggest Losers as Wall Street Cuts: Mortgages

Connecticut, for 25 years the statewith the highest per capita income in the U.S., is now leadingthe nation in home-price declines as Wall Street trims jobs andbonuses that had driven multimillion-dollar ...

N.Y. investors buy W. Volusia properties

Two commercial properties here, including a large shopping center, have been sold for a combined $14.3 million to New York-based investors in separate transactions.

Strategic Hotels Re-Acquires Asset - Analyst Blog - NASDAQ

Hotelier Middle EastStrategic Hotels Re-Acquires Asset - Analyst BlogNASDAQStrategic Hotels & Resorts, Inc. ( BEE ), a real estate investment trust (REIT), recently announced that it has signed an agreement with Dubai Investment Group to acquire Essex House Hotel for approximately $362.3 million. The transaction is projected ...Jumeirah 'committed' to US despite NYC hotel saleHotelier Middle EastJumeirah 'committed' to US despite NYC hotel sale | hoteliermiddleeast.comHospitality Net (press release)all 7 news articles »

Lender to acquire Hilton Garden Inn Cleveland Downtown for $12.4 million after ... - Plain Dealer

Plain DealerLender to acquire Hilton Garden Inn Cleveland Downtown for $12.4 million after ...Plain DealerView full sizePlain Dealer fileA lender entered the winning, $12.4 million bid for the Hilton Garden Inn Cleveland Downtown hotel during a foreclosure auction this morning. The property, which opened in 2001, landed in foreclosure after the owner ...Lender buys Cleveland's Hilton Garden Inn for $12.4MBizjournals.comHegg Unveils 3D Model of Hilton Garden InnKELOLAND TVall 4 news articles »

Sensex down 58 points, realty, banks stocks slump

A benchmark index of Indian equities markets was trading 58 points lower in late afternoon trade Monday after heavy selling in realty, bank and power stocks.

Sensex down 31 points, banking, realty stocks fall

A benchmark index of Indian equities markets was trading 31 points lower in afternoon trade Monday after heavy selling in banking, realty and capital goods stocks.

South Bay owner grows mall site

The owner of South Bay Center paid $21 million for a four-acre site at the edge of the Dorchester shopping mall...

Realty Firm Defaults On Office Properties

One BUILDING Houses Lowe's Call Center

Main Street commercial building sells for $33.5M

A view of 125 Main Street, which was sold last week for $33.5 million by David Waldman and Acadia Realty Trust to Campana 125 LLC. Photo: Paul Schott / Westport News

Realty firm continues to expand

Lang Realty has opened a 2,200-square-foot, nautical-themed office at 900 E. Atlantic Ave.

Cabana Club Announces Apartment Community is 65 Percent Pre-Leased

Jacksonville's newest apartment community, Cabana Club, is now 65 percent pre-leased, according to officials with developer Perimeter Realty, Inc. .

Raines Road Warehouse Sells for $2.3 Million

4049 E. Raines RoadMemphis, TN 38118 Sale Amount: $2.3 million Sale Date: Aug. 3, 2012 Buyer: BCL-Memphis LLC Seller: Progression Realty LLC Details: ...

How to play the rebound in commercial real estate - MarketWatch

NAR: Commercial Real Estate Recovering At Slow Pace - Mortgageorb

New York Real Estate Journal OnlineNAR: Commercial Real Estate Recovering At Slow PaceMortgageorbA slowdown in job creation and a lack of loan availability have hampered growth in some areas of the commercial real estate industry, according to a new report by the National Association of Realtors (NAR). According to NAR, vacancy rates in the office ...Reports Say That Despite Supports, Commercial Real Estate is Recovering at ...LoanSafeCommercial real estate industry is booming in the Tri-State region Roni Abudi ...New York Real Estate Journal OnlineSlowing Job Creation, Tight Lending Hampers US Commercial Market Recovery ...World Property ChannelMarketWatch (press release)all 14 news articles »

Suzanne Hamilton - REjournals.com

REjournals.comSuzanne HamiltonREjournals.comCommercial real estate can be a risky business. Suzanne Hamilton, the new vice president of finance with Cleveland's NAI Daus, hopes to eliminate some of that risk, at least with the company that recently hired her. Hamilton, who brings more than two ...

American Realty Capital Trust Announces Monthly Distribution for September 2012 - Sacramento Bee

American Realty Capital Trust Announces Monthly Distribution for September 2012Sacramento BeeAmerican Realty Capital Trust, Inc., a publicly-traded Maryland corporation listed on The NASDAQ Global Select Market, is a leading self-administered real estate company that owns and acquires single tenant free standing commercial real estate ...and more »

Memphis commercial real estate sales fall 36% in July - Memphis Business Journal (blog)

Memphis commercial real estate sales fall 36% in JulyMemphis Business Journal (blog)July was a hot month but not in the commercial real estate sales sector. Memphis Daily News reports sales were down 36 percent compared to July 2011 with only 41 sales last month. July's sales figure also was down from the previous month, when 80 sales ...Commercial Sales Drop 36 PercentMemphis Daily Newsall 2 news articles »

Connecticut Homes Biggest Losers as Wall Street Cuts: Mortgages

N.Y. investors buy W. Volusia properties

Two commercial properties here, including a large shopping center, have been sold for a combined $14.3 million to New York-based investors in separate transactions.

Pogue, Langdon speak on changes in commercial real estate - New Mexico Business Weekly

Pogue, Langdon speak on changes in commercial real estateNew Mexico Business WeeklyThe commercial real estate world is changing rapidly, and New Mexico landlords need to be thinking about sustainability and the evolving needs of their tenants if they are to remain viable, according to David Pogue and Jeff Langdon, who spoke at NAIOP ...Dramatic Shifts In Office MarketLoanSafeall 2 news articles »

Nashville commercial real estate sales up 218 percent - Bizjournals.com

Nashville commercial real estate sales up 218 percentBizjournals.comIt was a busy second quarter for Nashville commercial real estate sales, according to a new report by Chas. Hawkins Co. Inc./CORFAC International. There were 102 transactions totaling $179 million in Davidson County for the quarter. Both are the ...

Sensex down 58 points, realty, banks stocks slump

A benchmark index of Indian equities markets was trading 58 points lower in late afternoon trade Monday after heavy selling in realty, bank and power stocks.

Sensex down 31 points, banking, realty stocks fall

A benchmark index of Indian equities markets was trading 31 points lower in afternoon trade Monday after heavy selling in banking, realty and capital goods stocks.

Real estate transactions - Houston Chronicle

Real estate transactionsHouston ChronicleSafety Connectionhas purchased a 6,000-square-foot building in the Saddlegate Business Park at 10206 Fairbanks North Houston Road from Roberts Development/Construction. The National Realty Group's Mark Ward represented the seller, and Stephen ...

Eagle Bank's chief executive has sideline with real estate business - Washington Post

Eagle Bank's chief executive has sideline with real estate businessWashington PostEleven years before Ronald D. Paul co-founded Eagle Bank and became its chief executive, he started a real estate development firm that specializes in Washington area office buildings and apartments. Today, Paul continues to run both companies, located ...and more »

Commercial realty demand dips 30%, rentals down 15% - Business Standard

Commercial realty demand dips 30%, rentals down 15%Business StandardThe demand for commercial real estate has dropped around 30 per cent in the past year, prompted by the economic slowdown, according to industry analysts. This, in turn, has resulted in at least a 15 per cent decline in rentals across many locations. In ...

South Bay owner grows mall site

The owner of South Bay Center paid $21 million for a four-acre site at the edge of the Dorchester shopping mall...

Realty Firm Defaults On Office Properties

One BUILDING Houses Lowe's Call Center

Main Street commercial building sells for $33.5M

A view of 125 Main Street, which was sold last week for $33.5 million by David Waldman and Acadia Realty Trust to Campana 125 LLC. Photo: Paul Schott / Westport News

Realty firm continues to expand

Lang Realty has opened a 2,200-square-foot, nautical-themed office at 900 E. Atlantic Ave.

Cabana Club Announces Apartment Community is 65 Percent Pre-Leased

Jacksonville's newest apartment community, Cabana Club, is now 65 percent pre-leased, according to officials with developer Perimeter Realty, Inc. .

Raines Road Warehouse Sells for $2.3 Million

4049 E. Raines RoadMemphis, TN 38118 Sale Amount: $2.3 million Sale Date: Aug. 3, 2012 Buyer: BCL-Memphis LLC Seller: Progression Realty LLC Details: ...

Monday, August 27, 2012

N.Y. investors buy W. Volusia properties

Two commercial properties here, including a large shopping center, have been sold for a combined $14.3 million to New York-based investors in separate transactions.

Flinders Medical Centre opens $163 million redevelopment - Herald Sun

Flinders Medical Centre opens $163 million redevelopmentHerald SunFLINDERS Medical Centre's $163 million redevelopment was officially opened this morning. The hospital - originally built in 1976 - has had numerous upgrades over the past five years including an upgraded emergency department, expanded operating ...Hospital upgrade boosts southern servicesABC Onlineall 7 news articles »

Lykes Steamship and Centennial Cotton Press Buildings to be Rehabbed into ... - U.S. Politics Today

Lykes Steamship and Centennial Cotton Press Buildings to be Rehabbed into ...U.S. Politics TodayFinancing included more than $7.9 million of New Markets and Historic Tax Credit equity from U.S. Bancorp Community Development Corporation (USBCDC), the community investment subsidiary of U.S. Bank. IBERIABANK provided a $3.2 million term loan ...and more »

Sensex down 58 points, realty, banks stocks slump

A benchmark index of Indian equities markets was trading 58 points lower in late afternoon trade Monday after heavy selling in realty, bank and power stocks.

Sensex down 31 points, banking, realty stocks fall

A benchmark index of Indian equities markets was trading 31 points lower in afternoon trade Monday after heavy selling in banking, realty and capital goods stocks.

South Bay owner grows mall site

The owner of South Bay Center paid $21 million for a four-acre site at the edge of the Dorchester shopping mall...

Deal on deck to bail out Reno's struggling redevelopment agency - Reno Gazette Journal

Deal on deck to bail out Reno's struggling redevelopment agencyReno Gazette JournalThe property tax revenue to Reno's redevelopment agency has fallen by 90 percent since 2008. That money is used to pay off the agency's debt obligations, which totals $2.9 million per year. Those bond payments have exceed the total property tax revenue ...

Sensex closes 55 points down, realty, banking stocks lower

A benchmark index of Indian equities markets Friday closed 55 points lower after heavy selling in realty, banking and power stocks.

Realty Firm Defaults On Office Properties

One BUILDING Houses Lowe's Call Center

Boston developer lays out $60 million vision for Latham Circle Mall - Bizjournals.com

Boston developer lays out $60 million vision for Latham Circle MallBizjournals.comThe nearly-empty Latham Circle Mall in Colonie, New York, would be partially demolished and replaced with a new name, layout, stores and restaurants under a $40 million to $60 million redevelopment plan. Anchor tenants Lowes, JCPenney and a ...and more »

Yonkers IDA agrees to tax breaks for $22 million downtown redevelopment - The Journal News | LoHud.com

Yonkers IDA agrees to tax breaks for $22 million downtown redevelopmentThe Journal News | LoHud.comTurning several abandoned properties on this stretch of Main Street intolofts, shops and restaurants is part of a $22 million downtownredevelopment project that won initial approval from the YonkersIndustrial Development Agency Wednesday, Aug. 22, 2012.Downtown redevelopment gets boost from Yonkers IDAMid-Hudson NewsYONKERS IDA MOVES FORWARD WITH $22 MILLION DOWNTOWN ...RealEstateRama (press release)all 5 news articles »

Board Approves $14 Million Development Project - Patch.com

Board Approves $14 Million Development ProjectPatch.comThe village approved permits and the development agreement with Ryan Companies for a new $14 million project on the former Stolper Steel site off of U.S. Highway 41/45 and Pilgrim Road. The development falls within a village taxing district, and is ...

Dominium's Arcade redevelopment plan moves forward - Bizjournals.com

Dominium's Arcade redevelopment plan moves forwardBizjournals.comDominium Development and Acquisition of Minneapolis was approved Monday by a city selection committee to move forward with negotiations for its proposed historic redevelopment of the half-million-square-foot Arcade Wright Building downtown.Arcade's restoration is part of redevelopment planSTLtoday.comall 8 news articles »

Pleasantville hopes to start $150 million redevelopment in spring 2013 - Press of Atlantic City

£7 million development plans lodged this week - Fife Today

Fife Today£7 million development plans lodged this weekFife TodayAshleigh (St Andrews) Ltd, sister company of the leading construction firm Ashleigh Scotland, propose to build a Premier Inn and a Marks and Spencer Simply Food store on the site in Largo Road, at present occupied by the slaughterhouse operated by the ...

Main Street commercial building sells for $33.5M

A view of 125 Main Street, which was sold last week for $33.5 million by David Waldman and Acadia Realty Trust to Campana 125 LLC. Photo: Paul Schott / Westport News

Realty firm continues to expand

Lang Realty has opened a 2,200-square-foot, nautical-themed office at 900 E. Atlantic Ave.

Cabana Club Announces Apartment Community is 65 Percent Pre-Leased

Jacksonville's newest apartment community, Cabana Club, is now 65 percent pre-leased, according to officials with developer Perimeter Realty, Inc. .

Raines Road Warehouse Sells for $2.3 Million

4049 E. Raines RoadMemphis, TN 38118 Sale Amount: $2.3 million Sale Date: Aug. 3, 2012 Buyer: BCL-Memphis LLC Seller: Progression Realty LLC Details: ...

Riverwalk tenants face uncertain future with $70 million redevelopment plan - WWL

Riverwalk tenants face uncertain future with $70 million redevelopment planWWLRiverwalk tenants face uncertain future with $70 million redevelopment plan. Print. print. Email. Email this article. |. Tweet. MORE. MORE! X; Digg · Delicious · Tumblr; LinkedIn · StumbleUpon · Newsvine · Reddit · Pinterest. wwltv.com. Posted on ...and more »

Hill proposal will save county more than $1 million - San Mateo Daily Journal

Hill proposal will save county more than $1 millionSan Mateo Daily JournalSan Mateo and two other counties will not forfeit extra property taxes to the state under a proposal by Assemblyman Jerry Hill, D-San Mateo, that tweaks an early redevelopment cleanup bill and means more than $1 million annually for local schools ...

Lykes Steamship and Centennial Cotton Press Buildings to be Rehabbed into ... - U.S. Politics Today

Sensex down 58 points, realty, banks stocks slump

A benchmark index of Indian equities markets was trading 58 points lower in late afternoon trade Monday after heavy selling in realty, bank and power stocks.

Sensex down 31 points, banking, realty stocks fall

A benchmark index of Indian equities markets was trading 31 points lower in afternoon trade Monday after heavy selling in banking, realty and capital goods stocks.

South Bay owner grows mall site

The owner of South Bay Center paid $21 million for a four-acre site at the edge of the Dorchester shopping mall...

Deal on deck to bail out Reno's struggling redevelopment agency - Reno Gazette Journal

Bank-owned beach house sells for $1.24 million in Gulf Shores

Investors paid $487,000 for 1.38 acres at the southeast corner of Ala. 59 and Baldwin County 10 in Gulf Shores, and plan to build a Dollar General store, according to Ballard Sweat of REMAX Paradise in Orange Beach, who represented the seller. The Broadway Group bought the land, which has 200 front feet on Ala. 59.

Sensex closes 55 points down, realty, banking stocks lower

A benchmark index of Indian equities markets Friday closed 55 points lower after heavy selling in realty, banking and power stocks.

Realty Firm Defaults On Office Properties

One BUILDING Houses Lowe's Call Center

Boston developer lays out $60 million vision for Latham Circle Mall - Bizjournals.com

Yonkers IDA agrees to tax breaks for $22 million downtown redevelopment - The Journal News | LoHud.com

Board Approves $14 Million Development Project - Patch.com

$1 Million EPA Grant Will Clean Up Future Union Square Development Site - Patch.com

$1 Million EPA Grant Will Clean Up Future Union Square Development SitePatch.com... million from the Environmental Protection Agency to clean up contamination on Union Square's former Kiley Barrel property. The Kiley Barrel site, located between Somerville Avenue, Milk Place and Bennett Court, is part of a development block that's ...and more »

Pleasantville hopes to start $150 million redevelopment in spring 2013 - Press of Atlantic City

£7 million development plans lodged this week - Fife Today

Main Street commercial building sells for $33.5M

A view of 125 Main Street, which was sold last week for $33.5 million by David Waldman and Acadia Realty Trust to Campana 125 LLC. Photo: Paul Schott / Westport News

Realty firm continues to expand

Lang Realty has opened a 2,200-square-foot, nautical-themed office at 900 E. Atlantic Ave.

Cabana Club Announces Apartment Community is 65 Percent Pre-Leased

Jacksonville's newest apartment community, Cabana Club, is now 65 percent pre-leased, according to officials with developer Perimeter Realty, Inc. .

Raines Road Warehouse Sells for $2.3 Million

4049 E. Raines RoadMemphis, TN 38118 Sale Amount: $2.3 million Sale Date: Aug. 3, 2012 Buyer: BCL-Memphis LLC Seller: Progression Realty LLC Details: ...

Riverwalk tenants face uncertain future with $70 million redevelopment plan - WWL

Sunday, August 26, 2012

ABCs of The D Las Vegas hotel

ABCs of The D Las Vegas hotel With new owners pouring $20 million into renovating The D, it should be in good shape by its grand opening in October. Here's a report from when I stayed there in late July:

Plan for Prince Charles hotel revival stumbled

In April, the wealthy developer of Anderson Creek Club privately proposed to the Fayetteville City Council a $4 million plan to save the crumbling Hotel Prince Charles.

Deal on deck to bail out Reno's struggling redevelopment agency - Reno Gazette Journal

Pro-Israel group cancels protest at Santa Monica hotel

The Zionist Organization of America drops a planned rally at the Hotel Shangri-La after the co-owner agrees to donate to Jewish and Israeli causes. A pro-Israel organization canceled a protest rally at the Hotel Shangri-La in Santa Monica after the hotel's co-owner condemned anti-Semitism and agreed to donate to Jewish and Israeli causes.

Multi-million pound plans for Wensleydale Creamery - The Northern Echo

Multi-million pound plans for Wensleydale CreameryThe Northern EchoDAIRY bosses have unveiled multi-million-pound redevelopment plans to secure the future of a creamery. The proposal, submitted to planners at the Yorkshire Dales National Park Authority, for Wensleydale Creamery, includes a new cheese production plant ...and more »

Hotel's buyer plans year-round operation

The new owner of the Westmark Klondike Inn says the hotel will be getting a $1-million facelift and begin operating year-round again.

Pebblebrook Acquires LA Hotel

Pebblebrook has recently acquired W Los Angeles - Westwood hotel in the Westwood neighborhood of Los Angeles, California, for $125.0 million.

Omega Baptist launches multimillion-dollar plan to redevelop seminary site - Dayton Daily News

Omega Baptist launches multimillion-dollar plan to redevelop seminary siteDayton Daily NewsThe first phase of the project is estimated to cost $5.5 million, according to officials at Omega Baptist Church, which is proposing the development. They declined to say how much the entire project would cost. "A church ought to make a difference ...and more »