Austin Davis Reviews: January 2013

Thursday, January 31, 2013

Utah commercial real estate recovering after downturn

After a few years of struggling, the local commercial real estate market may be moving toward a comeback.

Utah commercial real estate recovering after downturn - Deseret News

Deseret NewsUtah commercial real estate recovering after downturnDeseret NewsSALT LAKE CITY — After a few years of struggling, the local commercial real estate market may be moving toward a comeback. Where the market has stabilized throughout 2011 and last year, 2013 is expected to start an upward climb as lease rates begin to ...and more »

Mel Foster gives honors for 2012 sales boost

Mel Foster Co.'s commercial real estate sales increased 83 percent from a year ago, the Quad-City company announced Thursday during its annual awards reception at the Quad-Cities Waterfront Convention Center in Bettendorf.

Commercial Real Estate App to Promote Efficiency

Ascendix Technologies announces the release of a mobile application to increase user accessibility and business intelligence. (PRWeb January 31, 2013) Read the full story at http://www.prweb.com/releases/2013/1/prweb10385645.htm

REAL ESTATE: Riverside Plaza will see some fixes this year - Press-Enterprise

Press-EnterpriseREAL ESTATE: Riverside Plaza will see some fixes this yearPress-EnterpriseVacancies for retail establishments in the Inland area stood at 11.3 percent in the third quarter of 2012, down from 11.7 percent in the second quarter, according to Marcus & Millichap, a commercial real estate brokerage firm. The plaza has several ...

Twin Cities commercial real estate picks up in 2012 - Pioneer Press

Twin Cities commercial real estate picks up in 2012Pioneer PressThose findings -- detailed in a semi-annual report from real estate firm Cushman & Wakefield/NorthMarq -- show the local commercial real estate market picked up in the second half of 2012. "After a slow first half, development and redevelopment ...

Twin Cities commercial real estate picks up in 2012

The Twin Cities' office market is in its best shape since 2007, as it absorbed nearly 1 million square feet of available space in 2012, and the area's industrial buildings recorded their lowest vacancy rates since 2008.

Real Estate Transactions and Business Openings: Shippensburg University and ... - Patriot-News (blog)

Real Estate Transactions and Business Openings: Shippensburg University and ...Patriot-News (blog)Commercial real estate transactions and business openings change lives, provide new places to shop, add more jobs to the midstate and contribute to the local economy. Submissions can be e-mailed to realestate@pnco.com. Shippensburg University ...

42floors takes $12.3M to hack commercial real estate at home, abroad - VentureBeat

VentureBeat42floors takes $12.3M to hack commercial real estate at home, abroadVentureBeatAs someone once worked in an elevator alcove, I appreciate the effect good office space has on productivity and mental well-being. So does the team at 42floors and their investors, who have put $12.3 million into this search engine for office rentals ...and more »

Top 10 Commercial Real Estate Sales of 2012 - Memphis Business Journal

ValueWalkTop 10 Commercial Real Estate Sales of 2012Memphis Business JournalView photo gallery (11 photos). Use this photo gallery to see the 10 largest commercial real estate transactions closed in the Memphis market in 2012. Jane Donahoe: Web and sections editor- Memphis Business Journal: Email | Twitter. What were the ...U.S. Commercial Real Estate Markets Post Slow, Steady Growth in Q4World Property ChannelPrivate Real Estate Up 11% in 2012ValueWalkall 3 news articles »

Bronx Commercial Real Estate Sales Boomed in 2012, a New Report Shows - DNAinfo

Bronx Commercial Real Estate Sales Boomed in 2012, a New Report ShowsDNAinfoTHE BRONX — Bronx commercial real estate sales spiked last year to their highest levels since the financial crisis, a new report found. Investors poured $1.28 billion into the borough's real estate market in 2012 — a 63 percent surge over the $613 ...and more »

Jones Lang LaSalle and Roger Staubach Predicting Ravens as XLVII Champs

CHICAGO, Jan. 31, 2013 /PRNewswire/ -- For the third straight year, the commercial real estate firm Jones Lang LaSalle and its Executive Chairman of the Americas Roger Staubach are making a bold prognostication ...

Survey reveals commercial real estate developers remain optimistic through uncertain times

Developers in California remain upbeat about the future of the multi-family and industrial real estate sectors—and cautiously optimistic about commercial office markets—according to the latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey.

Survey reveals commercial real estate developers remain optimistic through ... - Phys.Org

Survey reveals commercial real estate developers remain optimistic through ...Phys.OrgDevelopers in California remain upbeat about the future of the multi-family and industrial real estate sectors—and cautiously optimistic about commercial office markets—according to the latest Allen Matkins/UCLA Anderson Forecast California ...

Apollo Commercial Real Estate Finance, Inc. Announces 2012 Dividend Income Tax Treatment

Apollo Commercial Real Estate Finance, Inc. today announced the estimated Federal income tax treatment of the Company's 2012 distributions on its common stock and on its 8.625% Series A Cumulative Redeemable ...

Commercial real estate magnate next up in entrepreneurship series - WMU News

WMU NewsCommercial real estate magnate next up in entrepreneurship seriesWMU NewsDeKam. KALAMAZOO—An expert in commercial real estate brokerage, development and management, and founder of a local boutique commercial real estate firm will speak at February's Entrepreneurship Forum at Western Michigan University. Rick DeKam ...Next in entrepreneurship series to focus on commercial real estatesouth west michiganall 2 news articles »

CARMEN Commercial Real Estate Celebrates 20 Years of Tenant Representation

CARMEN Commercial Real Estate Services announced today that it is celebrating its 20th year in business providing real estate services exclusively to tenants of commercial real estate, having negotiated ...

Cushman & Wakefield | Commerce Reports Utah Commercial Real Estate Poised for Continued Strong Growth in 2013

The Cushman & Wakefield | Commerce 2012 Year-End Market Review shows that for Utah, 2012 was a stellar year of continued recovery. The research data reflects a year of stabilization with positive absorption ...

Allen Matkins/UCLA Anderson California Commercial Real Estate Survey Shows Developers Optimistic Through Uncertain Times

LOS ANGELES, Jan. 30, 2013 /PRNewswire/ -- The latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey projecting a three-year outlook for the state's overall commercial real ...

Europe Commercial Real Estate Rebounds - CNBC.com

Europe Commercial Real Estate ReboundsCNBC.comInvestment volumes in European commercial real estate hit nearly 44 billion euros ($ 59 billion) in the fourth quarter of 2012, the highest quarterly level of since 2007, according to data from property consultants, Cushman and Wakefield. Cross-border ...Cushman & Wakefield | Commerce Reports Utah Commercial Real Estate ...Net PR (press release)all 6 news articles »

dunnhumby Centre: 9 unconventional stories - Cincinnati.com

dunnhumby Centre: 9 unconventional storiesCincinnati.com2007-08: Eagle Realty says it wants to build condos at Fifth and Race. The plan is scrapped when ... When the $122 million building opens in December 2014, it will be unlike any other in Downtown Cincinnati – short, wide and open. Dunnhumby Centre will ...and more »

Why Would A Prison Corporation Restructure As A Real Estate Company?

Yesterday, I briefly noted that shares of GEO Group stock were on the rise after the Internal Revenue Service approved its request to restructure as a Real Estate Investment Trust (REIT). Why would a corporation designed to house prisoners want to restructure as a real estate company? As it turns out, this month's edition of Prison Legal News -- arguably the most comprehensive publication ...

Lightstone Value Plus Real Estate Investment Trust, Inc. Approves Net Asset Value of $11.80 Per Share

Lightstone Value Plus Real Estate Investment Trust, Inc. – a publicly registered non-traded real estate investment trust – recently announced its estimated net as

Deals and Moves: Jan. 31 - NJBIZ

Deals and Moves: Jan. 31NJBIZBy Katie Eder. Mixed-use property sale, wireless retail opening, office leasing appointment. North New York-based Massey Knakal Realty Services announced Wednesday it has sold a three-story, 5,450-square-foot mixed-use building in Morristown to an ...

U.S. Stock Futures Steady After Data - NASDAQ

U.S. Stock Futures Steady After DataNASDAQOnline Resources soared 81% after provider of online-banking services agreed to be acquired by ACI Worldwide in a deal valued at $263 million. ACI shares were still inactive ahead of the open. Fusion-IO tumbled 12% after the data-storage company said ...and more »

Alexandria Real Estate Equities, Inc. Announces Tax Treatment Of Year 2012 Distributions

PASADENA, Calif., Jan. 31, 2013 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced today the tax treatment of its Year 2012 distributions as described in the chart below. Shareholders ...

Realty firm shines in US ratings - DesMoinesRegister.com

Realty firm shines in US ratingsDesMoinesRegister.comWorkplaceDynamics polled more than 1 million employees, from 872 companies with a thousand or more employees each, to create the list. Companies from Texas, especially those in the growing oil and gas ... When the agency opened, Iowa Realty decided ...and more »

Investors To Convert Beekman Tower Hotel Into Ultra Lux Corporate Apts. - CoStar Group

Investors To Convert Beekman Tower Hotel Into Ultra Lux Corporate Apts.CoStar GroupSilverstein Properties and its partners, Fisher Brothers, Capstone Equities, Migdal Insurance Co. and Arkin Holdings, acquired the 152,234-square-foot, 174-room hotel for a reported $82 million from Beekman Tower Hotel Associates. ... Considered one of ...

Council to vote on hotel Feb. 26 - Eagle-Tribune

Council to vote on hotel Feb. 26Eagle-TribuneThe worldwide Lexington by Vantage company hopes to open the 60-unit hotel next fall on Amesbury Road (Route 110) off Interstate 495's exit 52, in the northern part of the city. The 3.6 acre site is just east of the highway interchange ... "In addition ...

McAllen hotel plans collapse - Brownsville Herald

McAllen hotel plans collapseBrownsville HeraldMcAllen opened the Convention Center about six years ago, hoping the $62.2 million meeting space would bring major trade and industry conventions — along with business travelers ready to spend money — to the Rio Grande Valley. Without an adjacent ...

NOMINATIONS OPEN for Japan Law Awards - Legal Business Online

NOMINATIONS OPEN for Japan Law AwardsLegal Business Online... of the Year $700 million, Energy & Resources Deal of the Year $1billion, M&A Deal of the Year $800 million, Real Estate Deal of the Year $500million, Structured Finance & Securitisation Deal of the Year $400 million and TMT Deal of the Year $800 ...

1 dead in Phoenix office shooting; shooter at large - USA TODAY

San Francisco Chronicle1 dead in Phoenix office shooting; shooter at largeUSA TODAYCarol Hampton said Nichole and others looked out a window to see the shooter's white vehicle screech out of the parking lot with its trunk open. Carol said her ... A spokeswoman for the Albuquerque-based owner of the building, Louis Abruzzo of Alvardao ...Three shot at Phoenix office complex; one deadThe Desert Sunall 256 news articles »

Lexington Realty Trust Fourth Quarter Earnings Conference Call Announcement

NEW YORK -- Lexington Realty Trust ("Lexington") , a real estate investment trust (REIT) focused on single-tenant real estate investments, announced it would release its fourth quarter 2012 results ...

First Industrial Realty Trust Reports Tax Treatment of Preferred Stock Distributions

CHICAGO, Jan. 30, 2013 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading owner and operator of industrial real estate and provider of supply chain solutions, today reported the ...

Apollo Commercial Real Estate Finance, Inc. Announces 2012 Dividend Income Tax Treatment

Blue Head Ranch for sale - Highlands Today

Blue Head Ranch for saleHighlands TodayDepending on the improvements, whether it's planted in citrus, timber, vegetables or just open pasture, the land could be worth from $3,000 to $5,000 an acre, said Chip Boring, broker with RE/MAX Plus Realty in Sebring. That makes Blue Head potentially ...and more »

Boston Properties Announces Fourth Quarter 2012 Results

Boston Properties, Inc. , a real estate investment trust, reported results today for the fourth quarter ended December 31, 2012.

Washington Real Estate Investment Trust Announces 2013 Strategic Initiatives, Expected CEO Retirement at End of 2013 ...

Washington Real Estate Investment Trust announced several major developments, as follows.

Winthrop Realty Trust Invites You to Join Its Fourth Quarter and Year End 2012 Earnings Conference Call

BOSTON -- Winthrop Realty Trust ("Winthrop") , a leading opportunistic real estate investor, announced that it will release its fourth quarter and year end 2012 results on the morning of Thursday, ...

Arbor Realty Trust Closes Second Collateralized Loan Obligation

UNIONDALE, N.Y. -- Arbor Realty Trust, Inc. , a real estate investment trust focused on the business of investing in real estate related bridge and mezzanine loans, preferred and direct equity investments, ...

Wednesday, January 30, 2013

Master Lease Option Method to Launch in Late January, Company Announces

Master Lease Option Method is a commercial real estate mastery system premiering this month from Susan Lassiter-Lyons. It arrives to the market with much fanfare at a time when increasingly desperate investors are looking for ways to survive in tough economic times. (PRWeb January 30, 2013) Read the full story at http://www.prweb.com/releases/2013/1/prweb10373674.htm

Oshawa Centre redevelopment and expansion work worth $230 million - Daily Commercial News

Daily Commercial NewsOshawa Centre redevelopment and expansion work worth $230 millionDaily Commercial NewsIvanhoé Cambridge has announced a $230-million redevelopment and expansion project at Oshawa Centre that will make the shopping centre over 116,000 square metres once complete. "Ivanhoé Cambridge's substantial investment in Oshawa Centre will ...

Union City, San Leandro file lawsuits against state over redevelopment funds - San Jose Mercury News

Union City, San Leandro file lawsuits against state over redevelopment fundsSan Jose Mercury NewsIn separate lawsuits, San Leandro has taken issue with the money the state says is still owed by the city's successor agency, while Union City is saying that its successor agency should be allowed to use $54 million in disputed development funds. Union ...and more »

Eastern Capital LLC Committed to Energizing Multiple Commercial Real Estate Markets Nationwide with the Introduction ...

In keeping it's many public promises to do whatever it takes to re-energize the economy, leading Commercial Lender Eastern Capital LLC proudly introduced several unique long and short term Non-Recourse Commercial lending products that have already began to have a strong impact in multiple markets on a Nationwide basis.Atlanta, GA (PRWEB) January 30, 2013 Eastern Capital LLC found online at ...

Digital Map Products Announces a New Version of LandVision(TM) for Commercial Real Estate

Digital Map Products, a leading provider of cloud-based mapping technology solutions, today launched a new version of LandVision™ designed specifically for the commercial real estate industry. LandVision™ ...

Apollo Commercial Real Estate Finance, Inc. Announces 2012 Dividend Income Tax Treatment

Whitney Building Redevelopment Plan Backed by $8.5 Million State Financing - Commercial Property Executive (blog)

Whitney Building Redevelopment Plan Backed by $8.5 Million State FinancingCommercial Property Executive (blog)The plan to transform Detroit's historic David Whitney Building into retail, apartments and a boutique hotel is moving forward with $8.5 million in state financing in addition to the $82.5 million investment secured by developer David Di Rita at the ...

OSU plans to create nonprofit to guide redevelopment near University Hospital ... - Columbus Dispatch

OSU plans to create nonprofit to guide redevelopment near University Hospital ...Columbus DispatchThe university has pledged $10 million to revitalize the neighborhood over the next 10 years. The money comes from the $35 million jobs tax credit the city approved for OSU's $1 billion Medical Center expansion. @MarkFerenchik. Favorite; Print Story ...

CARMEN Commercial Real Estate Celebrates 20 Years of Tenant Representation

Commercial Real Estate Firm Now Offers Retail Petroleum Lending for Gas Stations

Clopton Capital is a nationwide commercial real estate finance company that offers loan for income producing properties and businesses nationwide. A niche of the company is gas station and convenience store finance, of which they have added new programs and lending options.(PRWEB) January 30, 2013 Clopton Capital is a nationwide commercial real estate finance company that offers loans for income ...

Cushman & Wakefield | Commerce Reports Utah Commercial Real Estate Poised for Continued Strong Growth in 2013

Allen Matkins/UCLA Anderson California Commercial Real Estate Survey Shows Developers Optimistic Through Uncertain Times

Europe Commercial Real Estate Rebounds

Investment volumes in European commercial real estate hit nearly 44 billion euros ($ 59 billion) in the fourth quarter of 2012, the highest quarterly level of since 2007, according to data from property ...

Prism Capital's $230M NJ Mixed-Use Project Approved - Law360 (subscription)

Prism Capital's $230M NJ Mixed-Use Project ApprovedLaw360 (subscription)Law360, New York (January 29, 2013, 4:24 PM ET) -- Real estate owner and developer Prism Capital Partners LLC has received local government approval for the first phase of its $230 million mixed-used redevelopment in West Orange, N.J., the company ...and more »

Prism set to break ground on $230 million Edison Village project - NJBIZ

Prism set to break ground on $230 million Edison Village projectNJBIZMore than six years after it signed on as the developer of a transformative project in West Orange, Bloomfield-based Prism Capital Partners LLC is preparing to start construction on a $230 million industrial-to-multifamily redevelopment in the township ...

Garrison's Freighthouse redevelopment wins PIEA abatements - Kansas City Business Journal

Kansas City StarGarrison's Freighthouse redevelopment wins PIEA abatementsKansas City Business JournalGary Hassenflu, a developer with Garrison Community Development LLC, received a 10-year, 100 percent abatement on new property taxes followed by 10 years at a 50 percent abatement at the PIEA's Tuesday meeting for his $3.9 million redevelopment ...Tax breaks OK'd for two Crossroads apartment projectsKansas City Starall 3 news articles »

Planning Minister Approves $800 Million-Plus Redevelopment of Ex-Age Site ... - Real Estate Source

NEWS.com.auPlanning Minister Approves $800 Million-Plus Redevelopment of Ex-Age Site ...Real Estate SourceYesterday Victorian planning minister Matthew Guy approved an $800 million redevelopment of the former Age newspaper site at 250 Spencer Street. The proposal – seen in ISPT's 2012 annual report – seeks to add six skyscrapers and 2994 flats to the block ...The former Age building viewed from Lonsdale Street. Source: Herald SunHerald SunSix high rise towers to replace former Age site on Spencer StreetProperty Observerall 5 news articles »

Apollo Commercial Real Estate Finance, Inc. Announces Dates for Fourth Quarter and Full Year 2012 Earnings Release and ...

Apollo Commercial Real Estate Finance, Inc. today announced the Company will hold a conference call to review its fourth quarter and full year 2012 financial results on Thursday, February 28, 2013 at 10:00 ...

Aussie sailing get boost with $1.3 million redevelopment plan at MHYC - Sail World

Sail WorldAussie sailing get boost with $1.3 million redevelopment plan at MHYCSail WorldKate Lundy, the Minister for Sport, announced on Sunday the $1.3 million redevelopment plan in the National Training Centre at the Middle Harbour Yacht Club with the goal to produce more Olympic and World champions in future competitions. Australia‚Äôs ...and more »

Rotunda's $70M residential, retail expansion approved by city panel - Baltimore Business Journal (blog)

Rotunda's $70M residential, retail expansion approved by city panelBaltimore Business Journal (blog)A $70 million redevelopment of the Rotunda office and shopping center in Hampden was approved by the city's Urban Design and Architecture Review panel on Thursday. Hekemian & Co., the Rotunda's owner, wants to add 382 apartment and townhouse ...and more »

Real estate investment trust to buy RBS building in downtown Minneapolis - REjournals.com

Real estate investment trust to buy RBS building in downtown MinneapolisREjournals.comKBS Real Estate Investment Trust III will pay $126.5 million for the RBS office building in downtown Minneapolis. The key Minneapolis office building includes 678,045 square feet. Brookfield Office Properties is the seller of the property. The building ...

Redevelopment Commission meets to hear upcoming plans for Jeffersonville

JEFFERSONVILLE — Calls to have a list of ongoing and potential projects presented to Jeffersonville's Redevelopment Commission came to fruition Tuesday.

Plans on show at Wedgwood

POTTERY giant Wedgwood is to hold a further consultation event this week over its £25 million redevelopment plans.

Construction Claims: Trust Funds Can Go Poof - Mondaq News Alerts (registration)

Construction Claims: Trust Funds Can Go PoofMondaq News Alerts (registration)... funds were deposited was less than zero, there were no trust funds.Consequently, the payment involved a transfer of assets of the bankruptcy estate and was potentially recoverable as a preference (since all of the other elements of a preference ...

Bridgetown denied pool upgrade

Bridgetown's $4.3 million swimming pool redevelopment is on hold after the shire was denied a $1,432,938 Department of Sport and Recreation grant.

INNVEST REAL ESTATE INVESTMENT TRUST : InnVest REIT Announces ... - 4-traders

INNVEST REAL ESTATE INVESTMENT TRUST : InnVest REIT Announces ...4-tradersFor Immediate Release INNVEST REIT ANNOUNCES STRATEGIC PLAN Toronto, Ontario (January 29, 2013) - InnVest Real Estate Investment Trust ("InnVest") announced today the implementation of a strategic plan designed to strengthen InnVest's core ...and more »

Arbor Realty Trust, Inc. Announces Pricing of Offering of Series A Cumulative ... - NASDAQ

The Providence JournalArbor Realty Trust, Inc. Announces Pricing of Offering of Series A Cumulative ...NASDAQThe Company is a real estate investment trust, which invests in a diversified portfolio of multi-family and commercial real estate related bridge and mezzanine loans, preferred equity investments, mortgage related securities and other real estate ...Arbor Realty Trust Closes Second Collateralized Loan ObligationTheStreet.com (press release)RAIT Financial Trust Declares First Quarter 2013 Preferred DividendsFort Mills TimesSaul Centers, Inc. Prices Offering of 6.875% Series C Cumulative Redeemable ...Sacramento Beeall 10 news articles »

Washington Real Estate Investment Trust Announces 2013 Strategic Initiatives ... - The Herald | HeraldOnline.com

Washington Real Estate Investment Trust Announces 2013 Strategic Initiatives ...The Herald | HeraldOnline.comWashington Real Estate Investment Trust Announces 2013 Strategic Initiatives, Expected CEO Retirement at End of 2013 and 2013 Guidance. Published: January 29, 2013. 2013-01-29T21:30:50Z. Tweet · 0 Comments E-mail Print. Advertisement ...Washington REIT Exploring Sale Of Medical Office DivisionRTT NewsWRIT to sell unit, CEO set to retireWashington Business Journalall 3 news articles »

Healthcare Realty Trust Announces Fourth Quarter Dividend - PR Newswire (press release)

Healthcare Realty Trust Announces Fourth Quarter DividendPR Newswire (press release)Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United ...

Fitch Affirms Hollywood, FL's CRA Bonds at 'A-'; Outlook Stable

Fitch Ratings affirms an 'A-' rating on the following bonds of city of Hollywood, Florida's Community Redevelopment Agency's :

EXTENDICARE REAL ESTATE INVESTMENT TRUST : Extendicare Announces ... - 4-traders

EXTENDICARE REAL ESTATE INVESTMENT TRUST : Extendicare Announces ...4-tradersExtendicare Real Estate Investment Trust : Extendicare Announces 2012 Fourth Quarter Results News Release Conference Call Information. 01/29/2013| 01:12pm US/Eastern NEWS RELEASE. 3000 Steeles Avenue East, Markham, Ontario L3R 9W2 ...and more »

Crafting a redevelopment agreement for Twin Peaks Mall took an intense 2 1/2 months of negotiations

LONGMONT -- You could call it a marriage. And the prenup is 47 pages long.

Hospice announces redevelopment plans

ST Richard's Hospice has announced £1.4 million redevelopment plans to enable the charity to care for more patients.

Allied Properties Real Estate Investment Trust Dividend Yield Pushes Past 4% - Forbes

Opposing ViewsAllied Properties Real Estate Investment Trust Dividend Yield Pushes Past 4%ForbesIn trading on Friday, shares of Allied Properties Real Estate Investment Trust (Toronto: AP-UN) were yielding above the 4% mark based on its monthly dividend (annualized to $1.3596), with the stock changing hands as low as $33.78 on the day. Dividends ...Top 10 Healthcare Real Estate Trends, Part 2: Big Buyers Active in 2012GlobeSt.comall 30 news articles »

Why Cominar Real Estate Investment Trust Is a Top 25 Dividend Stock - Forbes

Why Cominar Real Estate Investment Trust Is a Top 25 Dividend StockForbesCominar Real Estate Investment Trust (Toronto: CUF-UN) has been named as a Top 25 dividend stock, according the most recent Canada Stock Channel "DividendRank" report. The report noted that among the coverage universe, CUF.UN shares displayed ...and more »

Oshawa Centre to enter into new era of shopping

$230-million investment into an expansion and redevelopment project to start in summer 2013MONTREAL, Jan. 23, 2013 /CNW Telbec/ - Ivanhoé Cambridge announced today a $230-million redevelopment and expansion ...

$15 mn for Bellerive Oval's redevelopment

Melbourne, Jan 23 (IANS) Cricket Australia (CA) and Cricket Tasmania (CT) Wednesday welcomed the Tasmanian government's decision to invest $15 million into the redevelopment of the Bellerive Oval also known as Blundstone Arena.

Redevelopment money and an original developer's descendant bringing change to San Lorenzo

Close to $33 million in county redevelopment projects are moving forward in the heart of San Lorenzo at the same time the David D. Bohannon Organization, which owns 19 acres in the unincorporated community, is making changes to several properties.

CBS Shares Pop on Real Estate Trust Conversion Plan - CNBC.com

CNBC.comCBS Shares Pop on Real Estate Trust Conversion PlanCNBC.comShares of CBS surged on Thursday, as investors cheered news that the media company was converting its outdoor advertising business to a real estate investment trust, while divesting itself of its international portfolio. As part of the plan, the ...CBS Jumps on Outdoor Conversion to Real Estate Investment TrustSan Francisco ChronicleCompanies See the Sign: Become a REITWall Street Journal (blog)all 64 news articles »

Cerritos returns $10.1 million of redevelopment money to state

Despite months of dispute by city officials, Cerritos has returned $10.1 million in unused redevelopment money to the state.

Tuesday, January 29, 2013

Coignet Building Goes on Block - Wall Street Journal

Wall Street JournalCoignet Building Goes on BlockWall Street JournalListing agent Ken Freeman of Massey Knakal Realty Services said the asking price is "close to $3 million." ... "Barclays was on the map for a long time but it wasn't until this year that it opened and as a result the rents around Flatbush tripled," he ...

Mapletree Said to Prepare $1.2 Billion IPO of Property Assets

Mapletree Investments Pte plans to raise more than S$1.5 billion ($1.2 billion) through the initial public offering of a real estate investment trust backed by assets in Hong Kong and China, said two people with knowledge of the matter.

A-Rod implicated in PED use again as MLB probes - Post-Bulletin

A-Rod implicated in PED use again as MLB probesPost-BulletinIf the new allegations were true, the Yankees would face high hurdles to get out of the final five years and $114 million of Rodriguez's record $275 million, 10-year contract. Because ... Odesnik, who lost in the first round of qualifying for this year ...and more »

Thomson Reuters Launches Comprehensive Listed Real Estate Benchmark for Asia Pacific Region

Family of regional real estate indices developed by Thomson Reuters, Global Property Research and Asia Pacific Real Estate Association SINGAPORE, January 30, 2013 - Thomson Reuters, the world`s leading ...

W&M mourns Sherman Cohen '42, LHD '09 - William and Mary News

William and Mary NewsW&M mourns Sherman Cohen '42, LHD '09William and Mary NewsNew York City real estate developer and philanthropist Sherman Cohen '42 L.H.D. '09, who — along with his wife, Gloria — made possible the construction of William & Mary's Sherman and Gloria H. Cohen Career Center, died on Jan. 22. In recognition of ...

BUSINESS IN BRIEF 30/1 - VietNamNet Bridge

BUSINESS IN BRIEF 30/1VietNamNet BridgeHaving operational in Vietnam since 1994, Bosch Group established its subsidiary Robert Bosch Vietnam in HCMC and opened branch offices in Hanoi and Danang in April, 2008. The push-belt plant in Long Thanh Industrial Park came into operation in ...and more »

Mixed-use development back on track in West Plano - Plano Star Courier

Mixed-use development back on track in West PlanoPlano Star CourierWest Plano Village, located at Parker Road and the Dallas North Tollway, is the latest partnership between the Haggard family, which owns the land, and developers The Weitzman Group and Cencor Realty Services. Plans include 90,000 square feet of retail ...and more »

Boston Properties Announces Fourth Quarter 2012 Results

Boston Properties, Inc. , a real estate investment trust, reported results today for the fourth quarter ended December 31, 2012.

Washington Real Estate Investment Trust Announces 2013 Strategic Initiatives, Expected CEO Retirement at End of 2013 ...

Washington Real Estate Investment Trust announced several major developments, as follows.

Realtor Jennings is chamber's Business Person of the Year - DavidsonNews.net (blog)

DavidsonNews.net (blog)Realtor Jennings is chamber's Business Person of the YearDavidsonNews.net (blog)Lake Norman Realty, Inc.'s Luxury home division made regional real estate history with two record breaking sales at $4.4 million and $7.5 million. Their Commercial ... Ms. Jennings also has been active in the community, including as co-founder and ...Local Realtor Recognized by Lake Norman Chamber as Business Person of the ...RealEstateRama (press release)all 3 news articles »

Legends Outlet shopping area in Kansas City on auction block - Shawnee Dispatch

Legends Outlet shopping area in Kansas City on auction blockShawnee DispatchKANSAS CITY, KAN. — The Legend Outlets shopping area in Kansas City, Kan., remains open while a foreclosure lawsuit is settled. KKR Real Estate Fund Holdings offered $131.5 million for the shopping center at an auction Friday. That group includes RED ...and more »

Ocenture plans to double revenues, almost triple space - Jacksonville Daily Record

Ocenture plans to double revenues, almost triple spaceJacksonville Daily RecordConstruction plans show about 57 offices in addition to open work areas. The square footage of 25,180 allows a total occupancy of 252 people. Inc.com reported in its 2011 list of the country's fastest-growing, privately held companies that Ocenture's ...

Winthrop Realty Trust Invites You to Join Its Fourth Quarter and Year End 2012 Earnings Conference Call

Goodyear move prompts redevelopment initiative in East Akron - Akron Beacon Journal

Akron Beacon JournalGoodyear move prompts redevelopment initiative in East AkronAkron Beacon Journal"We are going through the [hotel] franchise process," said Todaro, who is based locally and works for Lichter's development company, California-based Industrial Realty Group. Neither Lichter nor Todaro said which hotel franchise they ... The original ...and more »

Realty Austin plans March move into The Shops At Arbor Trails - Community Impact Newspaper

Realty Austin plans March move into The Shops At Arbor TrailsCommunity Impact NewspaperCiting significant growth and high demand for homes in Southwest Austin, Realty Austin plans to open a new office in March at The Shops At Arbor Trails shopping center to be closer to local clients. Realty Austin Southwest office. Courtesy Realty ...

Fat Dividends From Real Estate

There are yields above 4% in here.

NorthWest Healthcare Properties REIT announces time for issuance of fourth quarter results and conference call

TORONTO, Jan. 28, 2013 /CNW/ - NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the "REIT") will issue its financial results for the period ending December 31, 2012 ...

Arbor Realty Trust Closes Second Collateralized Loan Obligation

Apollo Commercial Real Estate Finance, Inc. Announces Dates for Fourth Quarter and Full Year 2012 Earnings Release and ...

Real estate transactions

Real estate transactions HOUSTON CHRONICLE Copyright 2013 HOUSTON CHRONICLE. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. 10:27 pm, Tuesday, January 29, 2013 Hans Lindberg has purchased 2.3 acres at the northwest corner of Westpark and Beltway 8 from Serena Holdings for the construction of a four-story, 121-room TownePlace Suites by Marriott ...

New Report Predicts Commercial Real Estate Investors to be Cautious on Taxes Yet Bullish on Residential, Retail, and ...

In a newly released 2013 investing report, CreInvestEd predicts that real estate investors, while frustrated with Washington for raising taxes, will see bright spots in retail, residential and industrial this year.Wakefield, Massachusetts (PRWEB) January 29, 2013 CreInvestEd releases report entitled "6 Commercial Real Estate Investing Predictions for 2013 and Beyond. ...

Watercooler: White-Spunner & Associates recognized as top commercial real estate firm

Business Alabama Magazine has recognized White-Spunner & Associates in Mobile as one of Alabama's top "2013 Commercial Real Estate Firms."

Omega Commercial Finance Corporation Acquires VFG Securities Inc., a Broker Dealer With Top Line Revenue of $3-Million

Omega Commercial Finance Corporation announces the acquisition of a full service Brokerage Firm and Registered Investment Advisor, VFG Securities Incorporated and VFG Advisors Inc. for a combination of ...

Fat Dividends From Real Estate - Motley Fool

Fat Dividends From Real EstateMotley FoolIf you'd like to add some real estate stocks to your portfolio, the First Trust S&P REIT Index ETF (NYSEMKT: FRI ) could save you a lot of trouble. Instead of trying to figure out which companies will perform best, you can use this ETF to invest in ...and more »

NorthWest Healthcare Properties REIT announces time for issuance of fourth ... - Canada NewsWire (press release)

NorthWest Healthcare Properties REIT announces time for issuance of fourth ...Canada NewsWire (press release)28, 2013 /CNW/ - NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the "REIT") will issue its financial results for the period ending December 31, 2012 on Wednesday, March 6, 2013. A conference call and live audio webcast ...and more »

Arbor Realty Trust Closes Second Collateralized Loan Obligation - GlobeNewswire (press release)

Arbor Realty Trust Closes Second Collateralized Loan ObligationGlobeNewswire (press release)28, 2013 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE:ABR), a real estate investment trust focused on the business of investing in real estate related bridge and mezzanine loans, preferred and direct equity investments, mortgage-related ...and more »

Radius Expands with Addition of Senior Agent

Radius Commercial Real Estate & Investments this week announced the addition of Jim Turner to the firm's team of commercial real estate experts.

Coldwell Banker Commercial Alliance Enlists Industry Veteran Michael Dorsey to Launch Orange County, California ...

NEW YORK, Jan. 28, 2013 /PRNewswire/ -- Coldwell Banker Commercial Alliance, a national real estate services firm dedicated to serving small businesses, private investors, and small/mid-cap corporate users ...

Cushman & Wakefield | Commerce Reports Continued Recovery for Seattle Commercial Real Estate Market in Q4

The commercial real estate market in the Puget Sound area was one of the most active in the country during the fourth quarter of 2012, according to new data by the Seattle branch of Cushman & Wakefield ...

Apollo Commercial Real Estate Finance, Inc. Announces Dates for Fourth Quarter and Full Year 2012 Earnings Release and ...

Outlook on the Debt Market in Germany Remains Cloudy: FAP Barometer for Commercial Real Estate Financing Returns ...

BERLIN, January 28, 2013 /PRNewswire/ --The incipient trend of a cooling real estate financing market observed in Q4 2012 has persisted: In Q1 2013, the FAP Barometer shows a score of -0.25 (previous quarter: ...

Holland's commercial real estate to continue its slow, steady climb in 2013

"I think 2013 is going to be a lucky year," said K.C. Conway, executive managing director for real estate analytics for Collier International. However, he added a more ominous prediction: The first half of 2013 is going to be rough.

Accredited Mortgage Loan REIT Trust Adopts Plan Of Liquidation And Declares ... - PR Newswire (press release)

Accredited Mortgage Loan REIT Trust Adopts Plan Of Liquidation And Declares ...PR Newswire (press release)Accredited Mortgage Loan REIT Trust, a subsidiary of Accredited Home Lenders Holding Co., is a Maryland real estate investment trust that was formed in May 2004 for the purpose of acquiring, holding and managing real estate assets. Statements regarding ...

Allied Properties Real Estate Investment Trust Dividend Yield Pushes Past 4% - Forbes

Allied Properties Real Estate Investment Trust Dividend Yield Pushes Past 4%ForbesIn trading on Friday, shares of Allied Properties Real Estate Investment Trust (Toronto: AP-UN) were yielding above the 4% mark based on its monthly dividend (annualized to $1.3596), with the stock changing hands as low as $33.78 on the day. Dividends ...

H&R REAL ESTATE INVESTMENT TRUST : H&R Reit and its property manager ... - 4-traders

H&R REAL ESTATE INVESTMENT TRUST : H&R Reit and its property manager ...4-tradersH&R REIT is an open-ended real estate investment trust, which owns a North American portfolio of 42 office, 115 industrial and 138 retail properties comprising over 45 million square feet and 2 development projects, with a fair value of approximately ...

PURE INDUSTRIAL REAL ESTATE TRUST : PIRET Successfully Closes Two ... - 4-traders

PURE INDUSTRIAL REAL ESTATE TRUST : PIRET Successfully Closes Two ...4-tradersThe Acquired Property is located at 13055 80th Avenue, Surrey, British Columbia. It has gross leasable area ("GLA") of 38,232 square feet, was built in 1998 and is 100% leased to three regional tenants. PIRET acquired the property for $4,600,000, ...and more »

Canadian Commercial Real Estate Market Performs Despite Turbulent International Backdrop

MISSISSAUGA, ON, Jan. 24, 2013 /CNW/ - Morguard Corporation (TSX: MRC) ("Morguard") released its 2013 Canadian Economic Outlook and Market Fundamentals Research Report at www.morguard.com and ...

NORTHERN PROPERTY REAL ESTATE INVESTMENT TRUST : January 23 ... - 4-traders

NORTHERN PROPERTY REAL ESTATE INVESTMENT TRUST : January 23 ...4-tradersCALGARY, Alberta - January 23, 2013 - Northern Property Real Estate Investment Trust (NPR.UN) will release its fourth quarter earnings on March 13, 2013 to be followed by a conference call on March 14, 2013 at 11:00 a.m. Mountain Time, 1:00 p.m. ...and more »

Why Cominar Real Estate Investment Trust Is a Top 25 Dividend Stock - Forbes

CBS Shares Pop on Real Estate Trust Conversion Plan - CNBC.com

Monday, January 28, 2013

Democratic National Convention economic impact: $163.6 million - Charlotte Observer

Charlotte ObserverDemocratic National Convention economic impact: $163.6 millionCharlotte ObserverThe consultant said area hotels booked 61,246 hotel room nights for the DNC, generating $20.9 million in revenue. September was the local hotel industry's best month in at least four years. Tax revenue for hotels was up more than 80 percent compared to ...Study: Charlotte DNC worth $164MCharlotte Business Journal (blog)DNC Impact: $91 million to CharlotteWBTVDemocratic National Convention Creates Lasting Impact on Charlotte RegionGlobeNewswire (press release)all 15 news articles »

Nahai Insurance Services Offers Commercial Property Owners Cost-Saving Real Estate Insurance Tips & Education

Commercial property owners looking to save on real estate insurance can turn to the brokers at Nahai Insurance Services.Beverly Hills, California (PRWEB) January 28, 2013 Nahai Insurance Services, a full-service relationship-focused independent insurance brokerage and business consultancy, recognizes commercial property owners' need to find the most affordable, yet reliable real estate insurance ...

LodgeNet Files for Bankruptcy - Wall Street Journal

Wall Street JournalLodgeNet Files for BankruptcyWall Street JournalHotel media provider LodgeNet Interactive Corp. filed for Chapter 11 bankruptcy to execute an agreement with private equity firm Colony Capital LLC that will infuse $60 million into the business in exchange for control of the company. LodgeNet said it ...LodgeNet Interactive files prepackaged Chapter 11ForbesLodgeNet Interactive files for bankruptcyReutersLodgeNet Interactive Files for Bankruptcy ProtectionBloombergMarketWatch (press release) -Law360 (subscription) -US Daily Stockall 14 news articles »

Coldwell Banker Commercial Alliance Enlists Industry Veteran Michael Dorsey to Launch Orange County, California ...

Ignis UK Property: managers aim for prime properties to beat falling shop values

Commercial property funds are enticing more investors into the sector. Ignis takes aim at tenants including the government and Waitrose to try to beat uncertainty.

Abu Dhabi Abu Dhabi Sees Hotel Revenues Rise 6% In 2012 - Gulf Business News

Abu Dhabi Abu Dhabi Sees Hotel Revenues Rise 6% In 2012Gulf Business NewsAbu Dhabi welcomed over 2.38 million hotel guests in 2012, up 13 per cent compared to 2011, and above its target of 2.3 million guests, according to figures released by the Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi). The emirate, which has ...and more »

Las Vegas UFO Aficionado Bets $500 Million on Space Hotel - Bloomberg

The Voice of RussiaLas Vegas UFO Aficionado Bets $500 Million on Space HotelBloombergHe has bet $500 million of his own money on his closely held venture, Bigelow Aerospace LLC -- five times what billionaire Elon Musk invested in his own space company. "If you don't have bucks, there's no Buck Rogers," said Bigelow, 68, echoing a ...Would you pay $400000 for a hotel room in space?Las Vegas Weekly (blog)all 4 news articles »

Kanetix.ca announces partnership with Gore Mutual, offering more quotes to commercial insurance customers

Online quotes for commercial property insurance, from Gore Mutual, now available to customers in Ontario and Alberta TORONTO , Jan. 28, 2013 /CNW/ - Kanetix.ca announced today an expansion of the company's ...

Long awaited £285 million O2 Hotel development to break ground in weeks - UK Business Property

The WharfLong awaited £285 million O2 Hotel development to break ground in weeksUK Business PropertyA new 452 bedroom luxury riverside Hotel at the O2, which was part of the original masterplan for the North Greenwich Peninsula, has taken a step closer to construction, with the exchange of contracts for sale of the site by O2 owners AEG, to the JV ...Plans step up for Greenwich Peninsula's The O2 hotelThe Wharfall 2 news articles »

Lansner: Hot property isn't just an O.C. trend

Orange County housing wasn't the only hot real estate last year. Commercial property - a space typically played by huge investors - enjoyed a renaissance, too, across the nation and around the globe. That advance is detailed in a study by SNL Real Estate of how Real Estate Investment Trusts,...

Big shift to commercial & overseas property: expert

by Cheryl Tay The recent introduction of market cooling measures is unlikely to have much impact on commercial and overseas real estate investor sentiment, according to some analysts.

Failed Property Bets Show Danish Bank Woes far From Over

Denmark 's latest bank failure was caused by bad bets on commercial property, a model for insolvency that continues to dominate the nation's financial woes, Jyske Bank A/S (JYSK) Chief Executive Officer Anders Dam said.

Govt casts a cold eye on shops, office space

The sudden burst of activity in the commercial property sector has caught the government's eye, and indications are that it may extend cooling measures to this sector if transactions rise above what it deems to be the comfort level.

AEG Selling Land Near London's O2 for $450 Million Hotel Project - Bloomberg

AEG Selling Land Near London's O2 for $450 Million Hotel ProjectBloombergAnschutz Entertainment Group Inc., the world's largest owner of sports teams, agreed to sell land near London's O2 Arena to a group of investors that plan a $450 million hotel and residential project. A joint venture between Queensgate Investments Fund ...and more »

Lower Manhattan Commercial Property Values and Rents Damaged by Hurricane Sandy, Say Local Real Estate Executives in ...

As 2013 begins and many large office buildings in New York's Financial District struggle to come back online, city real estate executives express pessimism about the health, and even future, of the Lower ...

Atlanta Marriott Marquis Sold for $293 Million - Hotel News Resource

Atlanta Marriott Marquis Sold for $293 MillionHotel News ResourceHost Hotels & Resorts, Inc. (NYSE: HST) announced that on January 11 Host Hotels & Resorts, L.P. sold the 1,663-room Atlanta Marriott Marquis in Atlanta, GA for $293 million. The hotel is subject to a long-term management agreement with Marriott ...Host Hotels sells Atlanta propertyWashington Business JournalMarriott Marquis soldAtlanta Journal Constitutionall 12 news articles »

Australia Commercial Property Sales Slump on Economy, CBRE Says

Australian commercial property sales plunged by 33 percent in the fourth quarter of 2012, as uncertainty about the nation's economy kept a lid on transactions, according to CBRE Group Inc.

Louisville hotel industry generated nearly $355 million from tourists in 2011 - Business First of Louisville

Louisville hotel industry generated nearly $355 million from tourists in 2011Business First of LouisvilleIt's a no-brainer that tourism is important to the local hotel industry. But just how important is it? According to a recent study released by the Louisville Convention and Visitors Bureau, tourists spent nearly $355 million on lodging in 2011. Only ...and more »

Plans for $8.8-million Hotel Found Complete - Fenceviewer

Plans for $8.8-million Hotel Found CompleteFenceviewerPlans for $8.8-million Hotel Found Complete. Written by Robert Levin Thursday, January 10, 2013 at 8:59 am. font size decrease font size decrease font size increase font size increase font size; Print · E-mail. BAR HARBOR — Plans for construction of a ...

Plans altered for $22 million hotel at former auto site in Bloomfield - Tribune-Review

Plans altered for $22 million hotel at former auto site in BloomfieldTribune-ReviewChanges in the original plans for a new hotel at the former Don Allen AutoCity site in Bloomfield were outlined Tuesday at the City Planning Commission. The hotel project, estimated to cost $22 million, has been changed from the original plan described ...

Demand Surge Not An Issue For Sandy; Property Losses Near $19B - Insurance Journal

Demand Surge Not An Issue For Sandy; Property Losses Near $19BInsurance JournalSpecifically, commercial property accounts for $8.1 billion, he said, while personal property accounts for $5.2 billion. The remainder—$2.6 billion—is attributable to personal and commercial auto losses. Turning to claim counts, Korb said Sandy is ...

RXR Signs NNN Lease for Manhattan's 75 Rockefeller Plaza - Commercial Property Executive (blog)

Commercial Property Executive (blog)RXR Signs NNN Lease for Manhattan's 75 Rockefeller PlazaCommercial Property Executive (blog)Time Warner's net lease agreement at the 630,000-square-foot property in Rockefeller Center is due to expire in 2013, and after having decided to commence a re-leasing program earlier, 75 Plaza, with the guidance of commercial real estate services firm ...

TCC, Principal to Develop New 456 KSF BTS in Houston - Commercial Property Executive

Commercial Property ExecutiveTCC, Principal to Develop New 456 KSF BTS in HoustonCommercial Property Executive"The company wanted to get their people in one location and create a campus that is a better environment for their employees," Aaron Thielhorn, TCC's managing director in its Houston office, told Commercial Property Executive. "It's a high quality ...

Cushman & Wakefield | Commerce Reports Continued Recovery for Seattle ... - MarketWatch (press release)

Cushman & Wakefield | Commerce Reports Continued Recovery for Seattle ...MarketWatch (press release)About Cushman & Wakefield Cushman & Wakefield is the world's largest privately-held commercial real estate services firm. The company advises and represents clients on all aspects of property occupancy and investment, and has established a preeminent ...and more »

Travelodge is Benefiting from a GBP 223 Million Brand Investment This Year

In 2013 Travelodge will:

Las Vegas UFO Aficionado Bets $500 Million on Space Hotel

Robert Bigelow got rich off budget hotel suites that start at $189 a week. Now they are funding his dream of building inflatable space habitats with rates topping $400,000 a day.

A&B Properties Acquires West Oahu Shopping Mall for $29.8M - Commercial Property Executive (blog)

A&B Properties Acquires West Oahu Shopping Mall for $29.8MCommercial Property Executive (blog)"The Waianae Mall acquisition redeploys proceeds realized from a July 2012 land sale, on a tax-advantaged basis, into a favorably priced, significantly higher income-generating commercial property on Oahu," said Christopher Benjamin, A&B's president ...

Law firm's move to boost confidence in the property market - Belfast Telegraph

Law firm's move to boost confidence in the property marketBelfast TelegraphOccupation of The Soloist, built by Ewart Properties, is expected to give encouragement to the |commercial property market. No one was available for comment from Ewart Properties. A note in the company's last filed accounts for year ending December 31 ...

Digbeth's Paragon Hotel up for sale for £6 million

The Grade II-listed Paragon Hotel in Digbeth has been put on the market for £6 million

Major hotel brands set up slew of luxury hotels to meet Chinese demand

BEIJING, Jan 28 — With a tourism market expected to be triple the size of Japan's by 2020, hotel operators looking to build brand loyalty among Chinese travellers with cash to spare both domestically and abroad are building up a storm in the country. An estimated 78 million Chinese tourists travelled overseas last year — a figure that's expected ...

L.A. fashion district project to include college, hotel

The City Market project, valued at $500 million to $1 billion, would cover 10 acres in downtown L.A. and take as long as two decades to complete. Ambitious plans have been unveiled for a 3.3-million-square-foot development that would bring a college, hotel, offices and apartments to the fashion district of downtown Los Angeles.

House Hunt: Commercial Property in Marlboro and Colts Neck - Patch.com

House Hunt: Commercial Property in Marlboro and Colts NeckPatch.comArticle. article[new_asset_attachment_attributes][user_id]. new_asset_attachment_attributes. Take a look at the photos in the gallery above to see addresses and prices listed properties in Marlboro and Colts Neck Townships. Click below to find the ...

Depreciating property - The Advocate

Depreciating propertyThe AdvocateMany commercial property owners could cut their federal income taxes by tens of thousands of dollars or more through a well-established but little-used tax application known as "cost segregation," according to financial services industry experts ...

Commercial Property Transfers - The Courier-Journal

Commercial Property TransfersThe Courier-JournalChun Sik and Sook Ja Choi, Young G. Choi and Hyun Sook Yoo to The Noh Trust, 607 Lyndon Lane, 40222, $480,000. Clark A. and Ellen F. Stanard to Thomas Family Real Estate LLC, 148 Westwind Road, 40207, $250,000. Zachary and Jacquelyn ...

Courtyard Manassas Battlefield Park Hotel Reveals $1 Million Renovation Project

Re-imagined lobby, more comfortable rooms, addition of The Bistro invite guests into the all-new hotel near Jiffy Lube LiveManassas, VA (PRWEB) January 25, 2013 The Courtyard Manassas Battlefield Park Hotel is singing the praises of its more than $1 million remodel project that will have guests of all ages in complete awe.The complete transformation of the Manassas, VA, hotel emphasizes Marriott ...

Courtyard Chicago Arlington Heights Hotel Completes $1.9 million Renovation

Chicago area hotel makes sweeping changes to its lobby, guest rooms, meeting rooms to start 2013Chicago, IL (PRWEB) January 23, 2013 It's out with the old and in with the new at the Courtyard Chicago Arlington Heights/South. One of the most popular hotels in Arlington Heights, Illinois, now features welcomed upgrades to its guest rooms, lobby, meeting spaces, business center, restaurant and ...

Sunstone Hotel Investors to Sell Four Rochester Hotels and a Laundry Facility for $230 Million, Retires Remaining $58 ...

ALISO VIEJO, Calif., Jan. 25, 2013 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced today that it has entered into agreements to sell a four-hotel, 1,222-room ...

AEG Selling Land Near London's O2 for $450 Million Hotel Project

Anschutz Entertainment Group Inc., the world's largest owner of sports teams, agreed to sell land near London's O2 Arena to a group of investors that plan a $450 million hotel and residential project.

Commercial property owners prepare to appeal Concord assessments - Concord Monitor

Commercial property owners prepare to appeal Concord assessmentsConcord MonitorThe assessed value of commercial properties increased last year for the first time since 2008. The total value of commercial properties increased 13.77 percent with the city's 2012 assessments, while the total value of residential properties decreased ...

Blackstone Said to Seek $450 Million for Hotel Financing

Blackstone Group LP (BX) , the largest U.S. hotel owner, is in talks to borrow about $450 million to refinance debt on San Diego's historic Hotel del Coronado to take advantage of lower interest rates, said a person with knowledge of the plans.

Sunday, January 27, 2013

Real estate transactions

Real estate transactions HOUSTON CHRONICLE Copyright 2013 HOUSTON CHRONICLE. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. 10:26 pm, Sunday, January 27, 2013 Hans Lindberg has purchased 2.3 acres at the northwest corner of Westpark and Beltway 8 from Serena Holdings for the construction of a four-story, 121-room TownePlace Suites by Marriott ...

House Hunt: Commercial Property in Marlboro and Colts Neck - Patch.com

Depreciating property - The Advocate

Commercial Property Transfers - The Courier-Journal

Milestone Apartments Real Estate Investment Trust Files Preliminary Prospectus for Initial Public Offering

Fay Avenue Commercial Property Sells for $3.2M - Patch.com

Fay Avenue Commercial Property Sells for $3.2MPatch.comA 7,000-square-foot building at 7720-7728 Fay Ave. in La Jolla sold for $3.2 million, according to The Daily Transcript. The property is leased to C&H Photo and several other tenants. The buyer was La Jolla Cosmetic LLC and the sellers were John A.

Allied Properties Real Estate Investment Trust Dividend Yield Pushes Past 4%

In trading on Friday, shares of Allied Properties Real Estate Investment Trust (Toronto: AP-UN) were yielding above the 4% mark based on its monthly dividend (annualized to $1.3596), with the stock changing hands as low as $33.78 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock ...

St. John Properties will Deliver More Offices to Greater Baltimore - Commercial Property Executive (blog)

St. John Properties will Deliver More Offices to Greater BaltimoreCommercial Property Executive (blog)St. John Properties is working hard to bring Class "A" offices to the Greater Baltimore area. In recent weeks, the Baltimore-based commercial real estate company has started work on two projects that will deliver over 360,000 square feet of office space.

Starwood Property Trust Acquisition Solidifies Market Leader Status - Seeking Alpha

The Deal PipelineStarwood Property Trust Acquisition Solidifies Market Leader StatusSeeking AlphaCommercial mortgage REIT Starwood Property Trust (STWD) has just announced an acquisition that takes the company to another level among commercial property lenders. On January 24 the company announced it is acquiring LNR Property LLC for a cash ...Starwood Property Trust And Starwood Capital Group To Acquire LNR Property ...The Providence JournalSternlicht's Starwood Property Climbs to Record After LNR DealSan Francisco ChronicleReuters – Starwood Property, Starwood Capital Buy LNR Property for $1BPrivate Equity Hub (press release)MarketWatch -South Florida Business Journal -Bloombergall 35 news articles »

Cash Dividend On The Way From Cominar Real Estate Investment Trust

On 1/29/13, Cominar Real Estate Investment Trust (Toronto: CUF-UN) will trade ex-dividend, for its monthly dividend of $0.12, payable on 2/15/13. As a percentage of CUF.UN's recent stock price of $22.33, this dividend works out to approximately 0.54%, so look for shares of Cominar Real Estate Investment Trust to trade 0.54% lower — all else being equal — when CUF.UN shares open for trading on 1 ...

Cash Dividend On The Way From RioCan Real Estate Investment Trust

On 1/29/13, RioCan Real Estate Investment Trust (Toronto: REI-UN) will trade ex-dividend, for its monthly dividend of $0.1175, payable on 2/7/13. As a percentage of REI.UN's recent stock price of $27.05, this dividend works out to approximately 0.43%. Click here to find out which 9 other Canadian stocks going ex-dividend you should know about, at DividendChannel.com »

Cash Dividend On The Way From Artis Real Estate Investment Trust

On 1/29/13, Artis Real Estate Investment Trust (Toronto: AX-UN) will trade ex-dividend, for its monthly dividend of $0.09, payable on 2/15/13. As a percentage of AX.UN's recent stock price of $16.14, this dividend works out to approximately 0.56%, so look for shares of Artis Real Estate Investment Trust to trade 0.56% lower — all else being equal — when AX.UN shares open for trading on 1/29/13 ...

Canadian Apartment Properties Real Estate Investment Trust About To Put More Money In Your Pocket

On 1/29/13, Canadian Apartment Properties Real Estate Investment Trust (Toronto: CAR-UN) will trade ex-dividend, for its monthly dividend of $0.0933, payable on 2/15/13. As a percentage of CAR.UN's recent stock price of $25.68, this dividend works out to approximately 0.36%. Click here to find out which 9 other Canadian stocks going ex-dividend you should know about, at DividendChannel.com »

Reynolds: commercial property tax reduction must be permanent - Ottumwacourier

Reynolds: commercial property tax reduction must be permanentOttumwacourier"That equates to about $400 million in actual property tax relief," Reynolds said. "If we provide permanent and reduced commercial property tax, that puts money back in the pocket of the business owner so they expand or start a new business. It lowers ...and more »

Commercial Real Estate Hub - Puget Sound Business Journal (Seattle)

Commercial Real Estate HubPuget Sound Business Journal (Seattle)The city of Kirkland's planning director, Eric Shields, said a commercial real estate developer has approached city staff about building a new facility that could nearly double the size of Google's Kirkland campus. The developer, Spokane-based SRM ...

HealthLease Properties Real Estate Investment Trust Provides Q&A Update for January 2013

Commercial property owners prepare to appeal Concord assessments - Concord Monitor

Pure Industrial Real Estate Trust Successfully Closes Two Transactions

KS Acquisition II LP announces intention to purchase units of Primaris Retail Real Estate Investment Trust

Manhattan Commercial-Property Deals Reached Record in '12 - Bloomberg

Manhattan Commercial-Property Deals Reached Record in '12BloombergManhattan had a record number of commercial real estate sales last year as landlords rushed to complete deals before an expected tax increase, according to Massey Knakal Realty Services. Transactions totaled 1,148 for the area south of 96th Street on ...and more »

Buffalo builds momentum with biggest construction boom in decades [The ... - Equities.com

Buffalo builds momentum with biggest construction boom in decades [The ...Equities.comThey join the $291 million Gates Vascular Institute, which opened next to Buffalo General Medical Center last year. ... And look at the amount of money and investment that's taken place," said James R. Militello, president of JR Militello Realty ...and more »

Infamous du Pont estate in Newtown makes way for developement - Delaware County Daily Times

Infamous du Pont estate in Newtown makes way for developementDelaware County Daily Times"The pricing is not finalized but the townhome products (are advertised as) starting in the $500,000s and the larger single family homes at $1.1 million." The plan also calls for a .... "We haven't run the numbers but whether you are talking about ...and more »

Senior care market sizzling as boomers drive investment rush - Daytona Beach News-Journal

Senior care market sizzling as boomers drive investment rushDaytona Beach News-JournalThe recent flood gates opened in early December with Argent Properties in White Plains, N.Y. buying five senior care facilities for more than a combined $42.3 million. The Argent facilities include Oakwood Garden of ... Also in December, New York City ...

Club operator plans Palm Beach Gardens country bar - Palm Beach Post

Club operator plans Palm Beach Gardens country barPalm Beach PostPlans are to open by the end of February. Mash, who owns the ... He expects to hire a staff of about 30 for the club, which will be open every night. Making the deal ... It just completed a multi-million-dollar renovation to its lobby, restaurant, bar ...

Southwest Florida real estate briefs - Naples Daily News

Southwest Florida real estate briefsNaples Daily NewsPulte Homes has opened the four-bedroom Windsor II model home at The Preserve at Corkscrew, the luxury gated community on Corkscrew Road in Estero. ... Gold Top Producer Award: $5-10 Million in Annual Sales: Jay Berube — Keller Williams Elite Realty ...and more »

Gulfshore Homes' Jasmine model at Torino in Grey Oaks under contract - Naples Daily News

Gulfshore Homes' Jasmine model at Torino in Grey Oaks under contractNaples Daily NewsGrey Oaks Realty announced that Gulfshore Homes' Jasmine villa model in the Torino neighborhood within Grey Oaks Country Club is under contract. The 3,187-square-foot under air, one-story floor ... The list price for the fully-furnished Jasmine model ...

McGarvey breaks ground on charter school in Cooper City - Naples Daily News

McGarvey breaks ground on charter school in Cooper CityNaples Daily News"Franklin Academy Charter School is designed to be open to the outdoors," said Schwarzer. "Unlike typical schools, there will be covered exterior hallways, courtyards and green spaces. Interior ... Founded by former tennis champion Andre Agassi and ...

Upscale hotel planned for Haverhill - Eagle-Tribune

Upscale hotel planned for HaverhillEagle-TribuneMichael Migliori, an attorney for local developer King Weinstein, said the plan is to begin construction on the $4.5 million "boutique" hotel early this summer and open it in the fall. The 3.6-acre property is just off Interstate 495's exit 52, in the ...

Area housing market rousing from industry's nightmare - Toledo Blade

Toledo BladeArea housing market rousing from industry's nightmareToledo BladeWhen Megan Meyer Foos, Toledo Board of Realtors chief executive officer, recently began to put together the 2012 year-end review of the area's housing market, she could not believe how pleasant the experience was. "It's like it was a ... Donna Friesner ...

Milestone Apartments Real Estate Investment Trust Files Preliminary Prospectus for Initial Public Offering

CORRECTION: MVP REIT, Inc. Announces Increase in Monthly Distribution Rate and Completion of Acquisition of MVP ...

LAS VEGAS -- MVP REIT, Inc., a publicly registered, non-traded hybrid real estate investment trust, announced today that its board of directors has approved an increase in its monthly distribution rate ...

Allied Properties Real Estate Investment Trust Dividend Yield Pushes Past 4%

MVP REIT, Inc. Announces Increase in Monthly Distribution Rate and Completion of Acquisition of MVP American ...

Cash Dividend On The Way From Cominar Real Estate Investment Trust

Cash Dividend On The Way From RioCan Real Estate Investment Trust

Cash Dividend On The Way From Artis Real Estate Investment Trust

Canadian Apartment Properties Real Estate Investment Trust About To Put More Money In Your Pocket

HealthLease Properties Real Estate Investment Trust Provides Q&A Update for January 2013

Pure Industrial Real Estate Trust Successfully Closes Two Transactions

What You Get for ... $1.1 Million - New York Times

New York TimesWhat You Get for ... $1.1 MillionNew York TimesWalls in the formal dining room are covered in ornately patterned Italian fabric; French doors at one end open to a kitchen with ceramic tile counters, a Sub-Zero refrigerator and a Dacor oven. The family room, an addition, has a gas fireplace flanked ...

Saturday, January 26, 2013

Commercial Property Transfers

A roundup of recent commercial property sales in the area.

Commercial property fervour spreads to auctions

SINGAPORE - The recent revival of interest in commercial properties has extended to the auctions market. DTZ's auction on Tuesday drew a packed house, and four adjoining freehold shophouses on North Bridge Road in the Kampong Glam Conservation Area found a new owner for $15 million.

Report: Blackstone Seeking $450 Million in Hotel del Coronado Deal - Patch.com

Report: Blackstone Seeking $450 Million in Hotel del Coronado DealPatch.comThe move comes ahead of a March due date on a $225 million bond-backed loan that Blackstone took out in the 2011 deal to buy the Del. Representatives for Blackstone and the other Hotel del owners declined to confirm the report to Bloomberg. Blackstone ...Blackstone aims to borrow US$450 million to refinance debtHOTELSall 2 news articles »

Kahler, other hotels sold for $230 million - Post-Bulletin

Kahler, other hotels sold for $230 millionPost-BulletinAfter 10 months of negotiations, five Midwest-based investors signed a deal late Friday afternoon to buy four downtown Rochester hotels, including the historic Kahler Grand Hotel, and a commercial laundry from Sunstone Hotel Investors for $230 million.Sunstone Sell 4 Hotels in MinnesotaOrange County Business JournalSunstone Hotel Investors To Sell Four Rochester Hotels And A Laundry Facility ...Daily Markets (press release)5 things to know: 25 January 2013Hotel News NowHOTELS -Jags Reportall 8 news articles »

Reynolds: commercial property tax reduction must be permanent

In an interview with the Courier Thursday, Reynolds emphasized her and the governor's 2013 priorities as part of their statewide tour "taking the Condition of the State to all areas of the state."

CBRE says property investment trusts unlikely to form this year

COMMERCIAL property consultant CBRE has said it is unlikely that a Real Estate Investment Trust (REIT) will be set up in Ireland this year.

AEG Selling Land Near London's O2 for $450 Million Hotel Project - Bloomberg

Clermont Hotel fetches $2.25 million - Atlanta Business Chronicle (blog)

Clermont Hotel fetches $2.25 millionAtlanta Business Chronicle (blog)The sales price was disclosed in Fulton County records. Welker and Orley picked up the hotel at a more than 30 percent discount. The Clermont last sold in August 2003 for $3.4 million, and fell into foreclosure in 2009, according to Fulton County records.

Blackstone Said to Seek $450 Million for Hotel Financing - Bloomberg

Blackstone Said to Seek $450 Million for Hotel FinancingBloombergA $225 million portion of the 2011 loan on the Hotel del Coronado from Deutsche Bank was packaged into bonds alongside other commercial mortgages and sold to investors as part of a $609 million commercial mortgage-backed securities, or CMBS, deal in ...and more »

Manhattan Real Estate Has Become The Gold Standard

According to Eastern Consolidated, Manhattan commercial property sales jumped an astonishing 85% from third quarter of 2012 to the fourth quarter of 2102.

Moving into recovery phase in 2013 market

A glut of commercial property sales to exploit the 2013 capital gains tax holiday has been ruled out by property consultants CBRE. Instead, it expects properties will continue to come to the market on a relatively controlled basis over the course of 2013. Consequently, the consultants consider that both rents and prices for prime Dublin properties will increase.

Commercial property confidence on rise

The exceptions are Christchurch, Palmerston North and Tauranga/Mt Maunganui. read more

Lower Manhattan Commercial Property Values and Rents Damaged by Hurricane Sandy, Say Local Real Estate Executives in ...

Speculators may turn to commercial property

SINGAPORE - Buyer interest in commercial property is growing in the wake of last week's cooling measures, which included curbs on red-hot industrial property.

Montgomery should appeal more of state's property assessments, inspector general says

Montgomery County should be more diligent in challenging commercial property assessments conducted by the state, some of which appear to be unusually low, the county's inspector general said in a report issued Friday. Read full article >>

Atlanta Marriott Marquis Sold for $293 Million - Hotel News Resource

Louisville hotel industry generated nearly $355 million from tourists in 2011 - Business First of Louisville

Plans for $8.8-million Hotel Found Complete - Fenceviewer

Plans altered for $22 million hotel at former auto site in Bloomfield - Tribune-Review

Room 77® Closes $30 Million Round to Accelerate Hotel Metasearch Platform - Marketwire (press release)

TnoozRoom 77® Closes $30 Million Round to Accelerate Hotel Metasearch PlatformMarketwire (press release)Based on internal analysis of more than five million hotel searches, Room 77 uncovered at least one lower price for travelers in two out of three searches, averaging $72 per stay. And, only Room 77 offers free Room Concierge™ service, which leverages ...Hotel Search Engine Room 77 Raises $30 Million From Expedia, OthersForbesExpedia leads $30M deal in hotel search startup Room 77GeekWireRoom 77 gets $30M infusion for hotel metasearch serviceVatorNewsall 12 news articles »