Saturday, December 22, 2012

Vornado Buys 59% Interest in Manhattan Property Valued at $844.8 Million - Fox Business

Vornado Buys 59% Interest in Manhattan Property Valued at $844.8 Million - Fox Business

Vornado Buys 59% Interest in Manhattan Property Valued at $844.8 Million - Fox Business

Vornado Buys 59% Interest in Manhattan Property Valued at $844.8 MillionFox BusinessThe real-estate investment trust owns and manages commercial properties around New York and the District of Columbia. The move comes as Vornado has been buying up more in its strongest markets, while shedding properties in its noncore markets.Vornado Sees Wider Loss on Toys 'R' Us in 4th Quarter4-tradersall 36 news articles »

Westcore Properties Closes Massive Commercial Real Estate Deal in Sacramento - RealtyBizNews

RealtyBizNewsWestcore Properties Closes Massive Commercial Real Estate Deal in SacramentoRealtyBizNewsWestcore Properties San Diego based Westcore Properties has recently closed a deal to acquire a collection of Sacramento's industrial real estate. The purchase, valued at $600 million, includes 110 buildings amounting to 11 million square feet of space ...and more »

'More of the same' in commercial real estate - Colorado Springs Business Journal

'More of the same' in commercial real estateColorado Springs Business JournalSome vacancies from 2012 remain unfilled heading into the new year. The excitement and hope commercial real estate brokers put on display at the start of 2012 was mostly gone by the time they started trying to predict what will happen in 2013. "I think ...

Texas Real Estate Hedge Fund In Commercial Property JV - FINalternatives

Texas Real Estate Hedge Fund In Commercial Property JVFINalternativesThe two investment companies will buy up, manage and finance deals for commercial properties across the western U.S. The hedge fund will focus on opportunities valued at between $5 million and $100 million, and then it and LIF will analyze and ...LIG Assets Teams With Hedge Fund For Commercial Property AcquisitionsMortgageorball 2 news articles »

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Subscription revenue for the quarter was $294.2 million, up 19% in U.S. dollars year-over-year, or 22% measured in constant currency, as detailed in the tables below.

Sabeer Bhatia launches realty platform AMP Tech

Business Line Sabeer Bhatia (left), Co-Founder and Chairman, AMP Technologies and Neel Naicker, Co-Founder and CEO, at a press conference, in Chennai on Thursday.

Officials talk commercial property taxes at Duluth Chamber forum - Duluth News Tribune

Officials talk commercial property taxes at Duluth Chamber forumDuluth News TribuneOfficials talk commercial property taxes at Duluth Chamber forum. Officials from the city of Duluth and St. Louis County assessor's offices spoke about commercial property taxes Thursday morning during a Duluth Area Chamber of Commerce forum. By: News ...and more »

Commercial property assessments going up - KRBD

Commercial property assessments going upKRBDKetchikan Gateway Borough commercial property assessments for 2013 will be done within the next 30 days, and the borough warns that the taxable value of some parcels will increase substantially. "Preliminary figures — and I want to emphasize that they ...

Terranova/Acadia Team on $139 Million Lincoln Road Buy

MIAMI BEACH, Fla., Dec. 20, 2012 /PRNewswire/ -- In the largest Florida retail acquisition of 2012, affiliates of Terranova Corporation and Acadia Realty Trust have acquired a $139 million, three building ...

Skanska Closes Land Purchase for 455 KSF Boston Office Project - Commercial Property Executive

Commercial Property ExecutiveSkanska Closes Land Purchase for 455 KSF Boston Office ProjectCommercial Property Executive"Right now we're focused on building the development team and designing and planning a highly sustainable, highly efficient Class A office building," Shawn Hurley, an executive VP with Skanska USA, told Commercial Property Executive. WS Development ...and more »

Lauderhill Partners Acquires United Campus Housing Management - Commercial Property Executive (blog)

Commercial Property Executive (blog)Lauderhill Partners Acquires United Campus Housing ManagementCommercial Property Executive (blog)"They are in very good condition and do not need any capital improvements," Andrew Stark, CEO of Campus Evolution Villages, told Commercial Property Executive. Stark said the acquisitions were partly funded by a "very significant equity" investment ...

Agree Realty Announces 2 Acquisitions

Agree Realty Announces 2 Acquisitions

Privately Held Real Estate Firm Fortis Commercial Advisors Announces Six ... - San Francisco Chronicle (press release)

San Francisco Chronicle (press release)Privately Held Real Estate Firm Fortis Commercial Advisors Announces Six ...San Francisco Chronicle (press release)Privately owned Las Vegas commercial real estate brokerage firm Fortis Commercial Advisors celebrated six successful commercial property closings in a 10-day period in November, a timeframe unusual in the industry. The timing and pricing of the ...

DLF sells Amanresorts stake for Rs 1,650 cr

Realty major DLF Ltd has sold its stake in luxury resorts chain, Amanresorts, to the latter's founder, Adrian Zecha, for about Rs 1,650 crore ($300 million).

Foreclosure auction scheduled on commercial property in Spotsylvania - Fredericksburg.com

Foreclosure auction scheduled on commercial property in SpotsylvaniaFredericksburg.comA foreclosure auction has been scheduled on a Spotsylvania County commercial property that includes the Post Oak Market and two rental homes, according to a legal ad that ran in Wednesday's Free Lance-Star. The 12.5-acre property is at 10212 Post Oak ...

Agree Realty Announces $11,600,000 In Acquisitions

FARMINGTON HILLS, Mich., Dec. 19, 2012 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) today announced that it has acquired a LA Fitness and an AutoZone. The one-story, 42,625 square foot LA Fitness ...

Chambersburg Crossing owners, local taxing authorities agree to compromise on value of shopping center

CHAMBERSBURG -- The owners of Chambersburg Crossing and local taxing authorities have compromised on the assessment of Chambersburg s latest shopping center.

Silver Bay Realty Trust flat in market debut

Silver Bay Realty Trust Corp. shares are nearly flat Friday in their market debut after the company raised $245.1 million in its initial public offering of stock.

Silver Bay Realty Prices IPO At $18.50/share

Silver Bay Realty Trust Corp. (SBY) said Friday that it has priced its initial public offering of 13.25 million shares of common stock at $18.50 per share, within its expected price range of $18.00 to $20.00 per share. The company expects its shares to begin trading on the New York Stock Exchange today under the symbol "SBY."

Agree Realty Announces Two Acquisitions; Portfolio Now Encompasses Over 100 Properties

FARMINGTON HILLS, Mich., Nov. 28, 2012 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) today announced that it has acquired a Big Lots store and a Dollar General Market. The 30,000 square foot Big ...

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