Austin Davis Reviews: November 2012

Friday, November 30, 2012

Morguard Real Estate Investment Trust declares December 2012 distribution of 8 cents per unit

Hammersmith Lyric Theatre £16.5million redevelopment underway - South West Londoner

South West LondonerHammersmith Lyric Theatre £16.5million redevelopment underwaySouth West LondonerThe King Street venue will become the country's first teaching theatre, with its two-storey extension providing educational rooms for sessions for students with actors and directors. The transformation aims to involve more young people with the arts ...

NorthWest International Healthcare Properties REIT Announces Third Quarter 2012 Financial Results

TORONTO, Nov. 30, 2012 /CNW/ - NorthWest International Healthcare Properties Real Estate Investment Trust (the "REIT") (TSXV: MOB.UN) today announced its financial results for the third quarter ...

Real Estate Contacts, Inc. Announces DTC Eligibility Status

NEW CASTLE, Pa. -- Real Estate Contacts, Inc. is pleased to announce that effective immediately the Company's common public traded shares have been granted eligibility status by the Depository Trust Company ...

ISG Completes Conversion to Real Estate Investment Trust

Laurence P. Rubinow Joins McCarter & English's Real Estate Practice in Connecticut

McCarter & English LLP is pleased to announce that Laurence P. Rubinow has joined the firm as special counsel in the real estate practice in the Hartford office. Mr. Rubinow, k

Redwood Trust Announces Closing Of Commercial Real Estate Securitization

MILL VALLEY, Calif., Nov. 28, 2012 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT) today announced the closing of a $291 million securitization of mezzanine loans and other subordinate commercial real estate ...

Investors Real Estate Trust Announces 2nd Quarter Fiscal 2013 Earnings Conference Call

MINOT, N.D. -- Investors Real Estate Trust (NYSE:IRET PRB) has scheduled a conference call for Tuesday, December 11, 2012 at 9:00 a.m. Central Time, to discuss the Company's second quarter fiscal year ...

Watt Properties finishes $20 million redevelopment of Edinger Plaza in ... - OC Metro

Watt Properties finishes $20 million redevelopment of Edinger Plaza in ...OC MetroWatt Properties finishes $20 million redevelopment of Edinger Plaza in Huntington Beach. The remodeled shopping mall is the new home of a Dick's Sporting Goods, Nordstrom Rack and Starbucks. by Gabriel CortésPublished: November 27, 2012 11:45 AM ...

December – Briefs/Sales & Development - Commercial Property Executive (blog)

December – Briefs/Sales & DevelopmentCommercial Property Executive (blog)Construction has begun on two 47-story luxury apartment towers in Fort Lee, N.J., decades after the site near the George Washington Bridge was first cleared for development. The $500 million redevelopment project will feature 900 rentals, an eight-acre ...

Inland Diversified Real Estate Trust, Inc. Announces the Acquisition of The Corner Shopping Center in Tucson, Arizona ...

Inland Diversified Real Estate Trust, Inc. announced today the acquisition of The Corner, an 80,155-square-foot shopping center in Tucson, Ariz., for approximately $29.5 million.

Partners Real Estate Investment Trust Joins OTCQX

NEW YORK, Nov. 27, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Partners Real Estate Investment ...

TEXT-S&P summary: Starhill Global Real Estate Investment Trust

(The following statement was released by the rating agency) Nov 27 - =============================================================================== Summary analysis -- Starhill Global Real Estate Investment ...

Eye and ear hospital gets $165m renewal - The Age

The AgeEye and ear hospital gets $165m renewalThe AgeA LONG-AWAITED $165 million redevelopment of Victoria's crumbling Royal Victorian Eye and Ear Hospital will be completed within five years, the state government says. Premier Ted Baillieu said the project would go to tender early next year with ...'Weary' hospital set for multi-million dollar makeoverThe Border MailAging hospital earmarked for revampABC Onlineall 59 news articles »

Channel 9's $206 million redevelopment plans drag on - Herald Sun

Channel 9's $206 million redevelopment plans drag onHerald SunThe network has lodged plans for a $206.5 million development that includes a mixed residential and commercial tower, up to 663 apartments and 600sq m of retail space. It will be assessed under Part 3A by the NSW Planning Department, not Willoughby ...and more »

Tyler Perry's Former Studio Site of $70 Million Redevelopment Project - Atlanta Black Star

Tyler Perry's Former Studio Site of $70 Million Redevelopment ProjectAtlanta Black StarAtlanta director Tyler Perry's former Inman Park studio is becoming part of a $70 million redevelopment. Paces Properties LLC is developing the project, including the re-purposing of Perry's former studio on Krog Street just north of Edgewood Avenue.and more »

Mayor Villaraigosa Joins Aimco Officials to Break Ground on the $140 Million ... - Sacramento Bee

Mayor Villaraigosa Joins Aimco Officials to Break Ground on the $140 Million ...Sacramento Bee... Management Company (Aimco), the Department of Housing and Urban Development, The Los Angeles Conservancy, and leaders of business and labor groups at a ceremony yesterday morning to launch the $140 million redevelopment of Lincoln Place.and more »

$5.1 million grant for Rowan University to expand in downtown Camden - Philadelphia Inquirer (blog)

$5.1 million grant for Rowan University to expand in downtown CamdenPhiladelphia Inquirer (blog)The grant will go toward the university's $13.5 million redevelopment of the former First Camden National Bank and Trust building, a university spokesman said. The university purchased the property through eminent domain in 2009. After a court battle ...and more »

General Growth Properties to start Ala Moana Center redevelopment early next ... - Bizjournals.com

General Growth Properties to start Ala Moana Center redevelopment early next ...Bizjournals.comGeneral Growth Properties Inc. expects to start a $543 million redevelopment at Ala Moana Center in Honolulu early next year, which will add some 300,000 square feet of retail space at Hawaii's largest shopping mall. General Growth (NYSE: GGP) is ...

York Racecourse's £5 million redevelopment scheme - The Press, York

York Racecourse's £5 million redevelopment schemeThe Press, YorkA MERE third of an acre is the key to a development project which could transform the way we view York Racecourse. The area, a strip of grass just behind the northern wall of the world famous track, unlocks a £5 million project that would alter ...and more »

Commercial properties flat

Commercial property specialists Colliers International are calling changing times in the sector, but earthquake-strengthening requirements and flat business demand are influencing many investors to take a wait-and-see attitude. read more

Working to make Medford Village more business friendly

MEDFORD—A commercial property owner in downtown Medford has enlisted the help of town council, the Economic Development Commission (EDC), the township manager and the Medford Village Business Association in a campaign to make the historic village area more business friendly.

First CBD commercial land purchases welcomed

Canterbury Earthquake Recovery Minister Gerry Brownlee says the first commercial property purchases for Christchurch's CBD Blueprint Plan represent an important milestone in the city's recovery.

First Chch CBD commercial land purchases welcomed

Canterbury Earthquake Recovery Minister Gerry Brownlee says the first commercial property purchases for Christchurch's CBD Blueprint Plan represent an important milestone in the city's recovery. "I'm pleased with progress made by the Christchurch Central Development Unit (CCDU) in negotiating with landowners to create a willing-buyer willing-seller scenario," Mr Brownlee says. "To date the Crown ...

Private Equity Jumps Big Into Commercial Real Estate Loans

Full content sent to and hosted by Yahoo!General NewsHealth & MedicineIndustry SnapshotNew Issue AmericaReal EstateTop 10Feature StoryInvestor's Corner

FM Global named best commercial property insurer

FM Global has been named the best commercial property insurer overall, as well as for service and expertise, in Business Insurance magazine's 2012 Buyers Choice Awards.

New regional representation for commercial property body

Property Council New Zealand has refreshed its regional leadership teams across the country. This month, executive committees in Auckland and the South Island elected new branch presidents who will represent member interests at a local level.

Watt Properties finishes $20 million redevelopment of Edinger Plaza in ... - OC Metro

December – Briefs/Sales & Development - Commercial Property Executive (blog)

Nationwide profits slump on PPI and property losses

Nationwide has reported a slump in half-year profits, as losses on commercial property loans and a further provision for the mis-selling of loan insurance overshadowed the lender's highest mortgage lending ...

Lake County reports drop in residential, commercial property values (with video, document)

Lake County Auditor Edward H. Zupancic announced Monday that the average residential property valuation in the county dropped 8.8 percent and commercial valuations dropped an average of 15.2 percent.

FSA challenged over Sipp commercial property 'standard assets' exclusion

Sipp operators plan to challenge the FSA's decision to exclude commercial property from its list of standard investments for capital adequacy purposes.

Eye and ear hospital gets $165m renewal - The Age

One-sided Test a sure bet in Adelaide as $535 million redevelopment cuts ... - Herald Sun

Sport LIVEOne-sided Test a sure bet in Adelaide as $535 million redevelopment cuts ...Herald SunOne-sided Test a sure bet in Adelaide as $535 million redevelopment cuts capacity to just 17,000. by: Richard Earle; From: News Limited Network; November 22, 2012 12:00AM. Increase Text Size · Decrease Text Size · Print · Email · Share · Add to Digg ...Mike Hussey, centre left, celebrates his century against South Africa with ...The AustralianAustralia win toss and bat in Adelaide TestAFPall 4,926 news articles »

Channel 9's $206 million redevelopment plans drag on - Herald Sun

Tyler Perry's Former Studio Site of $70 Million Redevelopment Project - Atlanta Black Star

Mayor Villaraigosa Joins Aimco Officials to Break Ground on the $140 Million ... - Sacramento Bee

$5.1 million grant for Rowan University to expand in downtown Camden - Philadelphia Inquirer (blog)

General Growth Properties to start Ala Moana Center redevelopment early next ... - Bizjournals.com

York Racecourse's £5 million redevelopment scheme - The Press, York

Thursday, November 29, 2012

Next Generation Trust Services Introduces Asset Kits for Self-Directed Retirement Plans

Administrator of Self-Directed Retirement Accounts Now Offers Enhanced Convenience and Service for Investors in Real Estate, Secured & Unsecured Loans, Private Placements – Next Generation Trust Services, LLC continues to enhance its customer service features by introducing a series of Asset Kits for clients who wish to invest in certain nontraditional assets.Roseland, NJ (PRWEB) November 28 ...

Realty Trust Group earns Gold for green design - Bizjournals.com (blog)

Realty Trust Group earns Gold for green designBizjournals.com (blog)Realty Trust Group has secured a gold designation from the city of Portland's Sustainability at Work program. The award, the first given in Portland to a residential real estate office, recognizes steps Realty Trust has taken to reduce its Hawthorne ...

ISG Completes Conversion to Real Estate Investment Trust - Stockhouse

ISG Completes Conversion to Real Estate Investment TrustStockhouseThe Arrangement effectively converts ISG into a new real estate investment trust with members of the Firm Capital group of companies providing asset, property and executive management services. Under the Arrangement, all of the outstanding common ...Firm Capital Property Trust closes private placement offerings for $20 million ...Canada NewsWire (press release)all 5 news articles »

ISG Completes Conversion to Real Estate Investment Trust

H&R REAL ESTATE INVESTMENT TRUST : H&R Completes $150 Million Public ... - 4-traders

H&R REAL ESTATE INVESTMENT TRUST : H&R Completes $150 Million Public ...4-tradersToronto, November 29, 2012 - H&R Real Estate Investment Trust (the "REIT") and H&R Finance Trust (collectively with the REIT, "H&R") (TSX: HR.UN; HR.DB.C; HR.DB.D; HR.DB.E) announced today that they have closed an offering of 6,360,000 H&R ...and more »

Laurence P. Rubinow Joins McCarter & English's Real Estate Practice in Connecticut

McCarter & English LLP is pleased to announce that Laurence P. Rubinow has joined the firm as special counsel in the real estate practice in the Hartford office. Mr. Rubinow, k

Brandywine Realty Trust to Redeem All Outstanding Shares of its 7.375% Series ... - Sacramento Bee

Brandywine Realty Trust to Redeem All Outstanding Shares of its 7.375% Series ...Sacramento BeeBrandywine Realty Trust is one of the largest, publicly traded, full-service, integrated real estate companies in the United States. Organized as a real estate investment trust and operating in select markets, Brandywine owns, leases and manages an ...and more »

Redwood Trust Announces Closing Of Commercial Real Estate Securitization - Sacramento Bee

Housing WireRedwood Trust Announces Closing Of Commercial Real Estate SecuritizationSacramento Bee28, 2012 -- /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT) today announced the closing of a $291 million securitization of mezzanine loans and other subordinate commercial real estate debt investments sponsored by Redwood Commercial Mortgage ...Redwood Trust closes $291 million CMBSHousing Wireall 9 news articles »

Business Trusts Struggle as REITs Soar - Wall Street Journal (blog)

Business Trusts Struggle as REITs SoarWall Street Journal (blog)With investors desperate for yield, shares of trusts have surged so far this year in Asia. But that enthusiasm has been largely focused on real-estate investment trusts and hasn't been reflected in demand for business trusts. In Singapore, 90% of the ...

Redwood Trust Announces Closing Of Commercial Real Estate Securitization

Billionaire Mori Plans Up to $1.2 Billion Property Investments - Bloomberg

Billionaire Mori Plans Up to $1.2 Billion Property InvestmentsBloombergJapanese billionaire Akira Mori plans to buy as much as 100 billion yen ($1.2 billion) in properties in Tokyo, New York and London, his company's first investment of this scale since 2008, as local real estate values recover and the yen strengthens ...and more »

Investors Real Estate Trust Announces 2nd Quarter Fiscal 2013 Earnings ... - iStockAnalyst

Investors Real Estate Trust Announces 2nd Quarter Fiscal 2013 Earnings ...iStockAnalyst27, 2012 (GLOBE NEWSWIRE) -- Investors Real Estate Trust (Nasdaq:IRET) (Nasdaq:IRETP) (NYSE:IRET PRB) has scheduled a conference call for Tuesday, December 11, 2012 at 9:00 a.m. Central Time, to discuss the Company's second quarter fiscal year ...

Investors Real Estate Trust Announces 2nd Quarter Fiscal 2013 Earnings Conference Call

Inland Diversified Real Estate Trust, Inc. Announces the Acquisition of The ... - MarketWatch

Inland Diversified Real Estate Trust, Inc. Announces the Acquisition of The ...MarketWatchOAK BROOK, Ill., Nov 27, 2012 (BUSINESS WIRE) -- Inland Diversified Real Estate Trust, Inc. ("Inland Diversified") announced today the acquisition of The Corner, an 80,155-square-foot shopping center in Tucson, Ariz., for approximately $29.5 million.and more »

Inland Diversified Real Estate Trust, Inc. Announces the Acquisition of The Corner Shopping Center in Tucson, Arizona ...

Inland Diversified Real Estate Trust, Inc. announced today the acquisition of The Corner, an 80,155-square-foot shopping center in Tucson, Ariz., for approximately $29.5 million.

Partners Real Estate Investment Trust Joins OTCQX

TEXT-S&P summary: Starhill Global Real Estate Investment Trust - Reuters

TEXT-S&P summary: Starhill Global Real Estate Investment TrustReuters(The following statement was released by the rating agency). Nov 27 -. =============================================================================== Summary analysis -- Starhill Global Real Estate Investment Trust -- 27-Nov-2012 ...

TEXT-S&P summary: Starhill Global Real Estate Investment Trust

Pennsylvania Real Estate Investment Trust's Series A Preferred Shares Goes Ex-Dividend Soon

On 11/28/12, Pennsylvania Real Estate Investment Trust's 8.25% Series A Cumulative Redeemable Perpetual Preferred Shares (NYSE: PEI.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 12/17/12. As a percentage of PEI.PRA's recent share price of $26.20, this dividend works out to approximately 1.97%, so look for shares of PEI.PRA to trade 1.97% lower ? all else being ...

Wheeler Real Estate Investment Trust [WHLR] to Ring The NASDAQ Stock Market Opening Bell

ADVISORY --

ISG Completes Conversion to Real Estate Investment Trust - Stockhouse

Thomas Properties Receives GRESB and NAREIT Sustainability Honors

Thomas Properties Group Inc. , a leader in sustainable and green building practices for the commercial real estate industry, has been ranked #1 in the Americas in the Office Sector for environmental, social, and governance performance for the second consecutive year in the Global Real Estate Sustainability Benchmark Report.

Rayaan Arif Named Managing Director of the Off Market Association

Rayaan Arif has been named the new Managing Director of the Off Market Association (OMA). The Off Market Association (OMA) brings together experienced commercial real estate experts, bankers, finance experts, consultants, attorneys, accountants and others. The association offers a new avenue for deal-making, networking and education.San Francisco, CA (PRWEB) November 29, 2012 Rayaan Arif has ...

H&R REAL ESTATE INVESTMENT TRUST : H&R Completes $150 Million Public ... - 4-traders

United Realty Appoints Managing Director Of Capital Markets

NEW YORK, Nov. 29, 2012 /PRNewswire/ -- United Realty announced today the appointment of Craig Eastmond - who has 20 years experience in originating, structuring, underwriting and executing commercial real estate and related transactions - to United Realty Capital as the...

BoE's Haldane: third of commercial real estate loans may be under-provisioned

For highlights of remarks by Bankof England Governor Mervyn King, Deputy Governor Paul Tucker,executive director for financial stability Andy Haldane, andAndrew Bailey, head of the FSA's prudential business ...

Brandywine Realty Trust to Redeem All Outstanding Shares of its 7.375% Series ... - Sacramento Bee

Redwood Trust Announces Closing Of Commercial Real Estate Securitization - Sacramento Bee

Commercial Real Estate Experts Predict Industry Trends for 2013

What's in store for the commercial real estate industry in 2013? With the real estate market on more solid footing and consumer confidence rising, many industry sectors appear poised for rebound and recovery, while others may have a cool-down ahead. Here are some predictions for the year to come from experts at commercial real estate companies including M&R Development, RMK Management Corp ...

Walker & Dunlop (WD): Zacks Rank Buy

This commercial real estate financial services company surprised by 40% in its Q3, and still offers a promising value proposition.

Business Trusts Struggle as REITs Soar - Wall Street Journal (blog)

Commercial Real Estate Vacancies Slowly Declining, Rents Rising

Most of the major commercial real estate sectors show gradually improving fundamentals and are easily absorbing the relatively small amount of new space that is coming online, with a full recovery already in the multifamily market, according to the National Association of REALTORS® quarterly commercial real estate forecast. Lawrence Yun, NAR chief economist, says the [...]

Growing Commercial Real Estate Crisis, Retailers Fighting Back Against 'Showrooming' and More Same-Day Delivery ...

It has been an incredible past year for the retail and e-commerce industries, especially as they pertain to local discovery shopping. New company introductions, market consolidation, pronounced social ...

Billionaire Mori Plans Up to $1.2 Billion Property Investments - Bloomberg

Investors Real Estate Trust Announces 2nd Quarter Fiscal 2013 Earnings ... - iStockAnalyst

The Bank of Hampton Roads Appoints Michael Sykes Head of Commercial Real Estate Lending Unit

VIRGINIA BEACH, Va. -- Hampton Roads Bankshares, Inc. (the "Company"), the holding company for The Bank of Hampton Roads ("BHR") and Shore Bank, today announced that Michael J. Sykes ...

Inland Diversified Real Estate Trust, Inc. Announces the Acquisition of The ... - MarketWatch

Ares Commercial Real Estate Corporation Co-Originates $50.5 Million Senior Loan on Northern California Multi-Family ...

Ares Commercial Real Estate Corporation announced today that it co-originated a $50.5 million first mortgage loan collateralized by a Class A multi-family property located in the Sacramento, CA market.

TEXT-S&P summary: Starhill Global Real Estate Investment Trust - Reuters

Pennsylvania Real Estate Investment Trust's Series A Preferred Shares Goes Ex ... - Forbes

Pennsylvania Real Estate Investment Trust's Series A Preferred Shares Goes Ex ...ForbesOn 11/28/12, Pennsylvania Real Estate Investment Trust's 8.25% Series A Cumulative Redeemable Perpetual Preferred Shares (NYSE: PEI.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 12/17/12. As a percentage of PEI.

Wednesday, November 28, 2012

Revisions submitted for Carmel Valley development project - North County Times

Revisions submitted for Carmel Valley development projectNorth County TimesThe plans were provided to the San Diego Planning Division by Kilroy Realty, the project's developer. The approximately $650 million development will now encompass 1.4 million square-feet, a reduction of more than 600,000 square feet. The building ...One Paseo project in Carmel Valley reduces density, Trader Joe's addedDel Mar Timesall 3 news articles »

Increase in home building near 5-year high - Sarasota Herald-Tribune

Increase in home building near 5-year highSarasota Herald-TribuneMarket watchers point to a tight supply of existing real estate — bridging the price gap between new and used homes, while leaving slim options for buyers to choose from. That has increased demand for residential construction. "The housing market has ...

Exclusive: Apple's rapid expansion moves tech behemoth to third city - San Jose Mercury News

Exclusive: Apple's rapid expansion moves tech behemoth to third citySan Jose Mercury News"It's great that Apple and other companies such as Google (GOOG) are expanding in Silicon Valley," said Reed Payne, manager of the commercial realty brokerage Kidder Mathews' Northern California offices. Apple and Peery Arrillaga declined to discuss ...and more »

Meet Cody Brocious, The Hacker Who Cracked Four Million Hotel Room Locks (Video Q&A)

Four month ago, Cody Brocious demonstrated it was possible to break into any of four million hotel rooms around the world in seconds. His method, which took advantage of a vulnerable data port on the underside of lock built by the company Onity, cost less than $50 in equipment, left no physical trace, and could be reproduced by any motivated intruder.

Wild gales cause bedlam

The powerful wind gust made the metal roof on the $20 million Terrace Hotel look like a piece of paper.

India's Sahara Group buys iconic Plaza Hotel

Flamboyant Indian billionaire Subrata Roy has finalised the purchase of New York's iconic Plaza Hotel for $575 million, a statement said Wednesday.

Five Ways To Keep Your Stuff (And Self) Safe From Hotel Lock Hackers

When you find out that your Kryptonite bike lock can be opened with a Bic pen or that a bug in Java lets malicious websites take over your computer, the fix is in your hands: You send in your lock for a replacement or disable Java in your browser. But since [...]

House Hunting in ... Jamaica - New York Times

New York TimesHouse Hunting in ... JamaicaNew York TimesOn the left side of the hall are two bedrooms, each with an en-suite bathroom that has a tub; on the right is the master suite, where a wall of casement windows looks out on lush grounds, and French doors open to the terrace. The 500-square-foot master ...and more »

Abandoned downtown hotel to be new home to student housing - Atlanta Journal Constitution

Abandoned downtown hotel to be new home to student housingAtlanta Journal ConstitutionBull Realty said Wednesday it brokered the $7.9 million sale of the 1.5 acre site at 70 John Wesley Dobbs Avenue to an affiliate of Ambling University Development Group. The developers plan two phases that would create hundreds of new student ...Ambling affiliate buys downtown site for student housingBizjournals.comall 2 news articles »

Thieves using 'hotel door hack kits' that can open millions of electronic doors

A spate of thefts from American hotel rooms has been linked to a 'hack' which can open a common type of electronic lock used in four million hotel rooms worldwide.

New York's Iconic Plaza Hotel Sale Completed

Sahara India Pariwar, an India-based conglomerate, has completed the purchase of a 75 percent interest in the iconic Plaza Hotel New York from real estate company El Ad US Holdings' position in the hotel with a total valuation of $575 million.

Bloomington council gives up alley for Hyatt Hotel

The Bloomington City Council has approved giving up some city property for construction of a $27 million Hyatt Hotel near the courthouse square.

New Clashing With Newer - Wall Street Journal

Wall Street JournalNew Clashing With NewerWall Street JournalThe light-flooded art gallery designed by Norman Foster on a rundown block in the Bowery made a dramatic statement about change in the edgy neighborhood when it opened two years ago. Now the gallery owners are fighting ... entire property sold for $9.2 ...

Sun International Launches its New Business Hotel, The Maslow, in Sandton, South Africa

NEW YORK, Nov. 27, 2012 /PRNewswire/ -- The Maslow Hotel, Sun International's new business hotel, opens on January 7, 2013 following a USD 28 million refurbishment of the hotel formally known as The Grayston.Situated ...

Revere weighs tax break to draw Market Basket - Boston.com

Revere weighs tax break to draw Market BasketBoston.comCity officials recently negotiated an approximately $1 million tax increment financing agreement with Squire Charger Realty, LLC, which is seeking to bring a Market Basket to a site adjacent to Northgate Shopping Center at the corner of Squire Road ...

Hotel plans draw complaints

The Bloomington City Council has approved giving up some city property for construction of a $27 million Hyatt Hotel near the downtown courthouse square despite protests that low wages in the hotel... Read more at www.WISHTV.com

Bloomington approves $27 million downtown hotel project

The Bloomington City Council has approved giving up some city property for construction of a $27 million Hyatt Hotel near the downtown courthouse square.

Deed: Couple pays $6.75 million for Villa Giardino - Palm Beach Daily News

Deed: Couple pays $6.75 million for Villa GiardinoPalm Beach Daily NewsIn the 1930s, the home's grounds were opened to the public as Berberyan Garden, named after property owner and antiques dealer Ohan S. Berberyan. View Larger · Deed: Couple pays $6.75 million for Villa Giardino photo. A vintage photo ... Lawrence A ...

Open Houses Around Scarsdale This Weekend - The Daily Voice

Open Houses Around Scarsdale This WeekendThe Daily VoiceSCARSDALE, N.Y. – Planning on house hunting in Scarsdale this weekend? Have more than a million dollars to spend on your next home? Realtors in the area are hosting open houses for those looking to find their dream house. Properties for sale include a ...and more »

Ascent Sotheby's tops $100 million in sales since opening in 2009 - RealVail

RealVailAscent Sotheby's tops $100 million in sales since opening in 2009RealVail"We opened during one of the toughest economic climates for luxury real estate sales, committed to establishing Ascent Sotheby's International Realty as the leading, boutique luxury real estate firm in the Vail Valley. We have clearly made our mark and ...and more »

Kenaston traffic eases up as thousands await Ikea opening - Winnipeg Sun

Kenaston traffic eases up as thousands await Ikea openingWinnipeg SunIkea opens a location in Minneapolis, becoming the store closest to Winnipeg. Shindico Realty head Sandy Shindleman dismisses speculation Ikea could be built at Polo Park once the Winnipeg Arena is demolished, noting the site is too small for the ...and more »

After Sandy, Lower Manhattan Limps Back to Life - Insurance Journal

After Sandy, Lower Manhattan Limps Back to LifeInsurance JournalLess obvious were the millions upon million gallons of sea water that wreaked havoc on subterranean electrical panels and other internal infrastructure throughout lower Manhattan, making them unusable even after power was restored to the area. "There ...and more »

Abandoned downtown hotel to be new home to student housing - Atlanta Journal Constitution

Big deals on tap for Broadway in SoHo - NYPOST.com - New York Post

Big deals on tap for Broadway in SoHo - NYPOST.comNew York PostIn March 2011, Inditex paid $331,661,026, or $9,476 per square foot, for about 35,000 square feet in the heart of Midtown's luxury shopping district, at 666 Fifth Ave., to open a Zara store. At nearby 640 Fifth, Vornado Realty Trust is asking $2,500 a ...

The New Clashing With The Newer - WSJ.com - Wall Street Journal

Wall Street JournalThe New Clashing With The Newer - WSJ.comWall Street JournalThe light-flooded art gallery designed by Norman Foster on a rundown block in the Bowery made a dramatic statement about change in the edgy neighborhood when it opened two years ago. Now the gallery owners are fighting ... entire property sold for $9.2 ...

Revere weighs tax break to draw Market Basket - Boston.com

Revere weighs tax break to draw Market Basket

Revere is considering a tax break for a developer that seeks to bring a Market Basket to a site adjacent to the Northgate Shopping Center. City officials recently negotiated the approximately $1 million tax increment financing agreement with Squire Charger Realty, LLC, the firm that owns the site at the corner of Squire Road and Charger Street. The deal would exempt Squire Charger Realty from ...

Industrial Asset Fetches $16M for Prism JV

CITY OF INDUSTRY, CA- Sun Hing Foods , a wholesaler and distributor of ethnic-food products for grocers, supermarkets, bakeries and food services in North America, has purchased a 216,048-square-foot industrial property at 14505 Proctor Ave.

REITs Boom As More Industries Discover This Tax-Friendly Structure

Real estate investment trusts are no longer just for property. Even a billboard firm is grabbing onto this tax-friendly structure.

Deed: Couple pays $6.75 million for Villa Giardino - Palm Beach Daily News

UAE: 50 Indian builders showcase projects at realty exhibition

(MENAFN - Khaleej Times) More than 50 builders across India are showcasing their properties at Times Realty India 2012, which concludes today at Sheraton Hotel â€" Corniche Road in Abu Dhabi. The ...

What You Get for ... $2.4 Million - New York Times

New York TimesWhat You Get for ... $2.4 MillionNew York TimesDutch doors from the family room open to a patio and gardens. Ceilings throughout most of the ... CONTACT: Gayle Runkle, Realty Executives of Kansas City/Runkle Realty, (816) 246-7500/(816) 213-4757; lotawana.com/. SCOTTSDALE, ARIZ. WHAT: A ...

DB Realty rallies as Bharti eyes stake in hospitality arm

DB Realty has rallied 6% to Rs 121 on back of heavy volumes on reports that the Bharti Group is planning to buy a majority stake in the company's hospitality arm DB Hospitality for Rs 350 crore.

Open Houses Around Scarsdale This Weekend - The Daily Voice

Starrett-Lehigh Building is back in biz

On Monday morning, for the first time in two weeks, the Starrett-Lehigh Building, a sprawling 2.3 million-square-foot office property on West 26th Street and 11th Avenue, opened its doors and was fully operational. The restoration of the property, which was inundated with seawater during Superstorm Sandy, was good news for the building's long list of tenants, a group that includes Martha Stewart ...

Ascent Sotheby's tops $100 million in sales

VAIL, Colorado - Ascent Sotheby's International Realty has celebrated its third anniversary by surpassing $100 million in year-to-date sales through Sept. 30, in what is expected to be its most successful year since opening in O Copyright 2012 Vail Daily. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Vail Daily Ascent Sotheby's tops $100 ...

Ascent Sotheby's tops $100 million in sales since opening in 2009 - RealVail

Glimcher Realty Trust Announces One Nineteen to Become Town Center Crossing

To further join Town Center Plaza and One Nineteen, Glimcher Realty Trust has announced it will rename One Nineteen: Town Center Crossing. Glimcher, one of the premier retail REITs

MacArthur & Company Sotheby's International Realty Announces Agent Rebecca Keliihoomalu's Appearance on HGTV's ...

HGTV returns to the Hawaii Island luxury villa, Shangri-La, with MacArthur & Company Sotheby's International Realty Agent, Rebecca Keliihoomalu.Kamuela, Hawaii (PRWEB) November 05, 2012 MacArthur & Company Sotheby's International Realty is pleased to announce that Top Producer, Rebecca Keliihoomalu, R(B), will appear on HGTV's "Million Dollar Rooms" featuring one of the world's most unique ...

Group Sites:

Finally, the BSE Sensex closed at 18,505, up 74 points over the previous close. It had earlier touched a day's high of 18,521 and a day's low of 18,398. It opened at 18,436.

Tuesday, November 27, 2012

Nominees sought for Annual Commercial Real Estate Awards

Nominations are now open for the most prestigious awards in the real estate community: the 26th Annual Commercial Real Estate Awards will be presented at a gala on May 9, 2013 at the Palace at Somerset Park. The awards honor excellence in commercial and industrial real estate development, including innovation, impact, leadership and contributions to the community. read more

Las Vegas Real Estate Agent closes sale on Rental Property in 18 Days

LAS VEGAS, Nov. 27, 2012 /PRNewswire/ -- Las Vegas real estate agent, Tania Michaels of Focus Commercial Group , has closed a traditional real estate transaction in which she represented the seller of ...

Lake County reports drop in residential, commercial property values [The News ... - Equities.com

Lake County reports drop in residential, commercial property values [The News ...Equities.comNov. 27--Lake County Auditor Edward H. Zupancic announced Monday that the average residential property valuation in the county dropped 8.8 percent and commercial valuations dropped an average of 15.2 percent. State law requires each county to ...

The Bank of Hampton Roads Appoints Michael Sykes Head of Commercial Real Estate Lending Unit

VIRGINIA BEACH, Va. -- Hampton Roads Bankshares, Inc. (the "Company"), the holding company for The Bank of Hampton Roads ("BHR") and Shore Bank, today announced that Michael J. Sykes ...

JLL Announces Leadership Changes: Roberts CSO, Martin CEO - Commercial Property Executive (blog)

Commercial Property Executive (blog)JLL Announces Leadership Changes: Roberts CSO, Martin CEOCommercial Property Executive (blog)"Peter has played a leading role in making Jones Lang LaSalle the premier commercial real estate brand in the Americas," company CEO Colin Dyer said of Roberts, who has been with the firm since 1986. "In the newly created role of Chief Strategy Officer ...

December – Briefs/Leasing & Management - Commercial Property Executive (blog)

December – Briefs/Leasing & ManagementCommercial Property Executive (blog)Cushman & Wakefield Inc. represented Sutter Health in the transaction with the new landlord, Quality Investment Properties. The site is part of an office complex formerly occupied by Hewlett-Packard Co. The new administrative hub is expected to open in ...

December – Briefs/People - Commercial Property Executive (blog)

December – Briefs/PeopleCommercial Property Executive (blog)The board of directors at Cassidy Turley unanimously voted to elevate president Joseph Stettinius Jr. to CEO of the commercial real estate brokerage firm. Stettinius was promoted when Mark Burkhart stepped down; he will continue to serve as an advisor ...

December – Briefs/Sales & Development - Commercial Property Executive (blog)

December – Briefs/Sales & DevelopmentCommercial Property Executive (blog)Known as The Modern, the project is being developed by Fort Lee Redevelopment Associates, a partnership of SJP Residential Properties, Bergen County attorney James Demetrakis and real estate investment firm Palisades Financial. Residents should be able ...

The CO's "30 Under 30″

Each year, hundreds of young real estate agents find themselves toiling the proverbial mail rooms of the city's biggest brokerages, having left behind native cornfields of Nebraska, bayous of Louisiana and ivies of Massachusetts for a shot at playing in the big leagues. But commercial real estate has never been for the faint of heart, Read More

Commercial property taxed higher than residential, study says - Daily Caller

Daily CallerCommercial property taxed higher than residential, study saysDaily Caller"State and local governments routinely target commercial and industrial property for higher tax rates than residential property, forcing owners to pay a disproportionately larger share of the bill for government services," says the new study by the Tax ...

Ares Commercial Real Estate Corporation Co-Originates $50.5 Million Senior Loan on Northern California Multi-Family ...

Industrial, commercial taxpayers appealing $2.23B in property assessments - Hamilton Spectator

Hamilton SpectatorIndustrial, commercial taxpayers appealing $2.23B in property assessmentsHamilton SpectatorMore than $2 billion worth of assessment appeals are waiting for disposition on Hamilton industrial and commercial properties, almost double the $1.3 billion that was under appeal in 2009. The value of non-residential "assessments at risk," as the City ...and more »

Stagman Commercial Real Estate Advisors/ITRA, a Commercial Real Estate Tenant Representation Brokerage Firm, in Boca ...

Stagman Commercial has exclusively represented office and industrial tenants and purchasers in finding the most optimal facilities for their needs at the most favorable negotiated terms for the past 10 years. Exceptional personalized customer service combined with industry expertise and determined advocacy to secure the very best business terms achievable for tenant-clients has resulted in a ...

Nationwide Half-Year Profit Slumps on Commercial Property Losses - Bloomberg

Nationwide Half-Year Profit Slumps on Commercial Property LossesBloomberg"Our results for the period have been affected by losses on lending to the commercial property sector," the Swindon, England-based company said in the statement. "This lending was almost exclusively undertaken in the period up to 2008, when the credit ...and more »

Tucson real estate: Sales and leases - Arizona Daily Star

Tucson real estate: Sales and leasesArizona Daily StarInland Diversified Tucson Corner LLC of Oakbrook, Ill., purchased five commercial properties near Oracle and Wetmore roads for $29.5 million in cash. The properties are at 4306, 4320, 4328, 4362 and 4370 N. Oracle Road. The seller was BP Wetmore ...

Commercial real estate transfers, Nov. 26

DOUGLAS

US Commercial Property Sector Enjoying Rising Rents as Vacancies Slowly ... - World Property Channel

HNN Huntingtonnews.netUS Commercial Property Sector Enjoying Rising Rents as Vacancies Slowly ...World Property ChannelIndustrial-building-sale-wpcki.jpg According to the National Association of Realtors (NAR) quarterly commercial real estate forecast, most of the major commercial real estate sectors show gradually improving fundamentals and are easily absorbing the ...NAR Predicts Growing Recovery in Commercial Real EstateIPINglobal.comall 17 news articles »

Commercial Real Estate Vacancies Slowly Declining, Rents Rising

Buying Main Street: Time To Add Commercial Real Estate To Your Portfolio?

Depressed commercial real estate prices and low interest rates make this the right time to put some real dirt in your portfolio.

Local commercial real estate on the rebound

Downtown shows growth as Clayton slips.

Ares Commercial Real Estate Corporation Co-Originates $50.5 Million Senior Loan on Northern California Multi-Family ...

Jungreis and Cohen of Rosewood close $81 million hotel sale; Jungreis and ... - New York Real Estate Journal Online

New York Real Estate Journal OnlineJungreis and Cohen of Rosewood close $81 million hotel sale; Jungreis and ...New York Real Estate Journal OnlineBrooklyn, NY Rosewood Realty Group (www.rosewoodrealtygroup.com) has closed on the $81 million sale of the landmarked Bossert Hotel, once known as the Waldorf Astoria of Brooklyn at 98 Montague St. in Brooklyn Heights. David Bistricer and Joseph ...

Sensex trades 236 pts higher; CD, Realty, Bankex lead - Myiris.com

Business TodaySensex trades 236 pts higher; CD, Realty, Bankex leadMyiris.comThe 30-share benchmark index, BSE Sensex opened with a gain of 79.54 points or 0.43% at 18,616.55, while the broad based NSE Nifty started with a rise of 22.60 points or 0.40%, at 5,658.50. Sensex Movers. H D F C Bank contributed rise of 40.84 points ...BSE Sensex, Nifty in a strong upmove: Tuesday Closing ReportMoneylifeIndian Shares Edge Higher On Global CuesNASDAQSensex surges by 305 pointsmydigitalfc.comdomain-Ball 210 news articles »

Stagman Commercial Real Estate Advisors/ITRA, a Commercial Real Estate Tenant Representation Brokerage Firm, in Boca ...

Commercial real estate transfers, Nov. 26

DOUGLAS

HFF Negotiates $100M Loan for Portion of The Shops at Park Lane - Equities.com

HFF Negotiates $100M Loan for Portion of The Shops at Park LaneEquities.comMarcus & Millichap Real Estate Investment Services negotiated the sales of three retail centers for a combined price of $11.75 million. Brad Nathanson, of the firm's Philadelphia office, represented the sellers in all three transactions. A New Jersey ...

Work starts on Downtown Grand's $100 million makeover - Las Vegas Business Press

Work starts on Downtown Grand's $100 million makeoverLas Vegas Business PressJEFF SCHEID | LAS VEGAS BUSINESS PRESS A welder works on the Downtown Grand on Nov. 20. The hotel-casino will open in late 2013 with 600 slot machines and 35 table games. ... Las Vegas is second among the top five metropolitan areas showing the largest ...

Rosemont Realty purchases Birmingham's One Federal Place office building - al.com (blog)

al.com (blog)Rosemont Realty purchases Birmingham's One Federal Place office buildingal.com (blog)The 11-story building opened in 2001. Rosemont Realty's portfolio covers more than 16 million square feet of commercial office space with a value that tops $1.5 billion. The purchase price was not disclosed. "Adding to our portfolio in the Birmingham ...and more »

Decorus Realty is 'redefining' luxurious real estate

While you're relaxing in an opulent office across from magnificent oceanfront residences gracing Sunny Isles Beach, virtually every service relating to a residential or commercial real estate transaction can be attended to – almost before you finish your cappuccino!

Industrial Asset Fetches $16M for Prism JV - Daily News Article - GlobeSt.com

GlobeSt.comIndustrial Asset Fetches $16M for Prism JV - Daily News ArticleGlobeSt.comHEBER CITY, UT-WNC, a national investor in real estate and community renewal initiatives, has opened Prestige Senior Living Center, a 23-unit affordable senior-housing community here. WNC provided $2.3 million in low-income-housing tax-credit equity to ...

Commercial Real Estate Vacancies Slowly Declining, Rents Rising

Buying Main Street: Time To Add Commercial Real Estate To Your Portfolio?

Depressed commercial real estate prices and low interest rates make this the right time to put some real dirt in your portfolio.

The 3 Best (and Worst) Real Estate Sectors Right Now

Real estate, specifically commercial real estate, is an integral part of a truly diversified portfolio , but not all types of real estate are created equal. Some real estate sectors could be a bear trap ...

Real estate roundup

Recent commercial real estate transactions as reported by area brokerage firms.

Women leveling playing field in commercial real estate

The election put the issue of gender equality once again at the forefront of the national agenda, with the premise that the pay gap between men and women is still vast and beyond our reach. While it is true that challenges still remain toward gender parity in the workforce, we cannot overlook or ignore the fact that women professionals have made major strides in traditionally male-dominated ...

Deed: Couple pays $6.75 million for Villa Giardino - Palm Beach Daily News

Local commercial real estate on the rebound

Downtown shows growth as Clayton slips.

What You Get for ... $2.4 Million - New York Times

Open Houses Around Scarsdale This Weekend - The Daily Voice

Ascent Sotheby's tops $100 million in sales since opening in 2009 - RealVail

Monday, November 26, 2012

Macquarie Mexico REIT Plans $1.2 Billion Initial Offering

Macquarie Group Ltd. (MQG) , Australia 's biggest investment bank, plans to raise as much as 16.1 billion pesos ($1.2 billion) in a record initial public offering for Mexico's real-estate investment trust market.

Lexington Realty Trust Raises $59.5 Million in Credit Tenant Lease Financing

NEW YORK -- Lexington Realty Trust ("Lexington") , a real estate investment trust (REIT), announced today that it closed on a $59.5 million non-recourse first mortgage loan secured by a leasehold ...

Crombie REIT Announces $60 Million Trust Unit Offering

"NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES" Crombie Real Estate Investment Trust announced today that it has entered into an agreement to sell, ...

Crackdown on dodgy real estate agents

Undercover officers have blitzed auction sites as part of a crackdown on dodgy real estate agents.

Pennsylvania Real Estate Investment Trust's Series A Preferred Shares Goes Ex-Dividend Soon

Pennsylvania Real Estate Investment Trust (PEI) Ex-Dividend Date Scheduled for November 28, 2012

REPEAT: NorthWest International Healthcare Properties REIT Announces Marketed Offering

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. NorthWest International Healthcare Properties Real Estate Investment Trust announced today that it has filed and......

Buying Main Street: Time To Add Commercial Real Estate To Your Portfolio?

Depressed commercial real estate prices and low interest rates make this the right time to put some real dirt in your portfolio.

Eye and ear hospital gets $165m renewal - The Age

One-sided Test a sure bet in Adelaide as $535 million redevelopment cuts ... - Herald Sun

US$23.4 million redevelopment for Ulster's Ravenhill - SportsPro Media

US$23.4 million redevelopment for Ulster's RavenhillSportsPro MediaRaboDirect Pro12 side Ulster Rugby has secured a UK£14.7 million (US$23.4 million) grant from Northern Ireland's Department of Culture, Arts and Leisure for the redevelopment of the club's Ravenhill Stadium. "On behalf of Ulster Rugby I would like to ...and more »

Channel 9's $206 million redevelopment plans drag on - Herald Sun

Tyler Perry's Former Studio Site of $70 Million Redevelopment Project - Atlanta Black Star

Wheeler Real Estate Investment Trust [WHLR] to Ring The NASDAQ Stock Market Opening Bell

ADVISORY --

Mayor Villaraigosa Joins Aimco Officials to Break Ground on the $140 Million ... - Sacramento Bee

$5.1 million grant for Rowan University to expand in downtown Camden - Philadelphia Inquirer (blog)

General Growth Properties to start Ala Moana Center redevelopment early next ... - Bizjournals.com

General Growth Properties to start Ala Moana Center redevelopment early next ...Bizjournals.comA spokesman for Sears Holding Corp. said the Sears store at Ala Moana Center in Honolulu, seen in this file photo, will remain open in 2013. Mall owner General Growth Properties plans to start the first portion of a $500 million redevelopment of the ...

Pure Industrial Real Estate Trust Announces 4% Distribution Increase And Release of Q3 2012 Financial Results

York Racecourse's £5 million redevelopment scheme - The Press, York

49ers lose shot at $34 million redevelopment cash - San Francisco Examiner

San Francisco Examiner49ers lose shot at $34 million redevelopment cashSan Francisco ExaminerA bitter fight over $34 million in redevelopment funding for the new 49ers stadium in Santa Clara could end up being a moot point. While the Niners had argued that the funds were already earmarked for the $1.2 billion stadium project, some residents of ...49ers, South Bay schools denied $30 million settlement by stateSan Jose Mercury Newsall 39 news articles »

Security Flaw In Common Keycard Locks Exploited In String Of Hotel Room Break-Ins

Whoever robbed Janet Wolf's hotel room did his work discreetly.

5 Fairytale Hotel Toy Stores

These five hotel toy stores are packed with vintage games, magic tricks, stuffed animals and enchanted forests sure to send your imagination running wild.

Best Ideas 2013: Star Investor Believes Caterpillar, Cabela's And Others Can ... - Forbes

ForbesBest Ideas 2013: Star Investor Believes Caterpillar, Cabela's And Others Can ...ForbesHe's focused more on the eight new locations that Cabela's will open by 2014, and the shift toward some smaller Outpost stores. Plus, earnings are expected to grow 30% this year—double the earnings multiple that the stock fetches. Other small ...

RLJ Lodging Trust Completes a $700 Million Unsecured Credit Facility

RLJ Lodging Trust today announced that it successfully completed a $700 million unsecured credit facility that is expandable to $1.2 billion.

Hedge Fund News: George Soros, Christopher Pucillo, BlackRock Inc. - Insider Monkey (blog)

Insider Monkey (blog)Hedge Fund News: George Soros, Christopher Pucillo, BlackRock Inc.Insider Monkey (blog)In his philanthropy, Soros is foxy too, supporting, under the broad umbrella of "open society," dozens of causes in dozens of countries. But intellectually, Soros is a more narrowly focused hedgehog. He has been pondering, articulating, ... Mathew ...and more »

Lower Manhattan limps back to life after Sandy - 7Online.com

7Online.comLower Manhattan limps back to life after Sandy7Online.comLess obvious were the millions upon million gallons of sea water that wreaked havoc on subterranean electrical panels and other internal infrastructure throughout lower Manhattan, making them unusable even after power was restored to the area. "There ...and more »

REITs Boom As More Industries Discover This Tax-Friendly Structure - Forbes

ForbesREITs Boom As More Industries Discover This Tax-Friendly StructureForbesAs such, we operate a substantial real estate network comprising more than 64 million square feet across nearly 1,000 storage facilities." ... Recent IRS rulings, including one issued in October 2011, have potentially opened the door for billboard REITs.and more »

Roundup-Burlington buyer wants more

Private equity giant Blackstone, which has bought the Burlington Hotel for E67 million, is seeking further property investments in the Republic.

After Sandy, lower Manhattan limps back to life - Montgomery Advertiser

After Sandy, lower Manhattan limps back to lifeMontgomery AdvertiserLess obvious were the millions upon million gallons of sea water that wreaked havoc on subterranean electrical panels and other internal infrastructure throughout lower Manhattan, making them unusable even after power was restored to the area. "There ...

Main Street Lofts Redevelopment Spurs $1.5 Million Sale (Real Deals) - Arkansas Business Online

Main Street Lofts Redevelopment Spurs $1.5 Million Sale (Real Deals)Arkansas Business OnlineThe sellers were Boyle Realty, led by Joel Ledbetter, $200,000; the Milton & Gatha Brack Revocable Trust and Jacqueline Power, $100,000 each; John Aymar Jr. and MMC Ltd., led by A. Dan Phillips, $75,000 each; and Mary Elizabeth King, $50,000. The ...

Historic apartment building listed at $5.5M - Palm Beach Daily News

Historic apartment building listed at $5.5MPalm Beach Daily NewsMizner Court, the mixed-use landmarked apartment building at 184 Sunset Ave., has been listed at $5.5 million. ... The building, Pateman explained, is being promoted to potential buyers in two ways – as a standard real estate investment and as an ...

New Burlington Hotel owners seek further properties

Private equity giant Blackstone, which has bought the Burlington Hotel for €67 million, is seeking further property investments in the Republic.

Baseball center takes industrial space - Orlando Sentinel

Baseball center takes industrial spaceOrlando SentinelDuke Realty Corporation · International Drive. The Orlando center will offer clubs, camps, workouts and lessons and is expected to open in December. The lease is ... Charlie Brenner with Brenner Real Estate represented the buyer. Construction. Welbro ...and more »

Burlington Hotel sold for €67m

US private equity giant Blackstone has bought Dublin's Burlington Hotel for €67 million.

West Palm weighs 3 downtown hotel plans

To encourage tourism and a thriving downtown, city officials are preparing to sell the old city hall site, with its prime location near the waterfront, for a hotel.

Russia's richest woman to spend €7m on revamping Dublin hotel

RUSSIA'S richest woman, Yelena Baturina, is splashing out €7m doing up Dublin's Morrison Hotel.

Deed: Couple pays $6.75 million for Villa Giardino - Palm Beach Daily News

Chardon to take on new hotels

HOTEL management company Chardon is to add more than 600 bedrooms in the next two years as it takes on new properties in Edinburgh, Stirling, Brighton and Canary Wharf.

What You Get for ... $2.4 Million - New York Times

Jekyll Island Westin Hotel Project Moving Forward

JEKYLL ISLAND, Ga., Nov. 19, 2012 /PRNewswire/ -- The Westin Jekyll Island will now move forward, thanks in part to the Jekyll Island Tourism Development Fund. The development of the highly anticipated, ...

Sunday, November 25, 2012

New assessment effects still unknown for residents, taxes

BRISTOL — Across Bristol, homeowners eyeballing new assessment notices are wondering how revaluation of their property is going to change their property tax bills next summer.

Property Investor Europe: Ukraine CRE is buyers market, scope for yield falls

Nov. 25, 2012, 4:11 p.m. | Commercial property investment in Ukraine remains a buyer's market, and prime yields are still at high levels compared with other European countries.

Hull hopes proposed zoning changes and road improvements will spur commercial resurgence

Officials in Hull say they hope proposed zoning changes and an infusion of $1.95 million in state cash for roadwork will spark a long-pursued resurgence of business development near the town's famed Nantasket Beach and help relieve homeowners' heavy share of the property tax burden. Only 4 percent of the tax base in Hull is commercial, compared with 11 percent in nearby Hingham.

Austin's source for local news

The tax pie has shifted in Mower County, which means agricultural and commercial property owners could feel county tax increases in 2013 more than others.

FSA challenged over Sipp commercial property 'standard assets' exclusion

Sipp operators plan to challenge the FSA's decision to exclude commercial property from its list of standard investments for capital adequacy purposes.

Eye and ear hospital gets $165m renewal - The Age

The AgeEye and ear hospital gets $165m renewalThe AgePhoto: Josh Robenstone. A LONG-AWAITED $165 million redevelopment of Victoria's crumbling Royal Victorian Eye and Ear Hospital will be completed within five years, the state government says. Premier Ted Baillieu said the project would go to tender ...'Weary' hospital set for multi-million dollar makeoverThe Border MailDoes Melbourne need a second children's hospital?The AustralianVic government struggling at half-way markYahoo!7 Newsall 59 news articles »

Report faults D.C. tax office on reduced commercial property assessments

The District's tax office needs to stop reducing tax assessments on commercial properties based mainly on factors other than market value, according to a report released Wednesday by the city's Office of the Inspector General. Read full article >>

Tax burden continues shift

Many homeowners to see lower tax bill; commercial property, apartments get higher bills The nearly 96,000 "Truth in Taxation" notices …

Fara Commercial Brokerage Announces 1229 Emerson Street to be Included in Evanston, IL Estate Sale

Fara Commercial Brokerage has listed the multi-purpose commercial property located at 1229 Emerson Street in Evanston, IL.Evanston, IL (PRWEB) November 21, 2012 Edward Schwartz, President of Fara Commercial Brokerage, has announced that Fara has been appointed the exclusive sales agent for the 8,400 square foot commercial building located at 1229 W. Emerson Street in Evanston, Illinois. ...

One-sided Test a sure bet in Adelaide as $535 million redevelopment cuts ... - Herald Sun

The HinduOne-sided Test a sure bet in Adelaide as $535 million redevelopment cuts ...Herald SunOne-sided Test a sure bet in Adelaide as $535 million redevelopment cuts capacity to just 17,000. by: Richard Earle; From: News Limited Network; November 22, 2012 12:00AM. Increase Text Size · Decrease Text Size · Print · Email · Share · Add to Digg ...Mike Hussey, centre left, celebrates his century against South Africa with ...The AustralianAustralia win toss and bat in Adelaide TestAFPall 3,407 news articles »