Monday, February 11, 2013

Brookdale Announces Fourth Quarter and Full Year 2012 Results

Brookdale Announces Fourth Quarter and Full Year 2012 Results

Brookdale Announces Fourth Quarter and Full Year 2012 Results

NASHVILLE, Tenn., Feb. 11, 2013 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) (the "Company") today reported financial and operating results for the fourth quarter and full year 2012. Cash ...

Unico expected to buy two downtown Seattle properties - Puget Sound Business Journal (Seattle) (blog)

Unico expected to buy two downtown Seattle propertiesPuget Sound Business Journal (Seattle) (blog)A spokesperson for Unico said the Seattle-based commercial real estate company "is unable to provide comment on transactions that have not closed." Both properties were in the portfolio of Harbor Properties, the venerable Seattle company that the ...

REAL ESTATE: Some debt maturity clocks will ring in 2013 - Press-Enterprise

REAL ESTATE: Some debt maturity clocks will ring in 2013Press-EnterpriseThe commercial property markets appear to be coming back, but professionals in the industry warn there are still hazards to watch out for this year. One of them is the maturation of equity notes, some of which are coming due right about at the fifth ...

306-Unit M-F Property Trades in San Antonio's Steaming Hot Market - Commercial Property Executive (blog)

Commercial Property Executive (blog)306-Unit M-F Property Trades in San Antonio's Steaming Hot MarketCommercial Property Executive (blog)"The San Antonio apartment market is just really, really healthy right now," Janine S. Claycomb of apartment research firm Austin Investor interests, told Commercial Property Executive. "Occupancy rates are pretty stable, the rents are going up and ...

Chambers Closes on Two 300 KSF Suburban Philly Office Buildings - Commercial Property Executive (blog)

Commercial Property Executive (blog)Chambers Closes on Two 300 KSF Suburban Philly Office BuildingsCommercial Property Executive (blog)Chambers Street Properties, of Princeton, N.J., recently closed on its acquisition of 1400 Atwater Drive, a pair of five-story Class A office buildings, totaling 300,000 square feet, in Malvern, Pa., the company announced last Thursday. Financial terms ...

Cousins Buys Houston's Post Oak Central, Atlanta's Terminus Properties - Commercial Property Executive

Commercial Property ExecutiveCousins Buys Houston's Post Oak Central, Atlanta's Terminus PropertiesCommercial Property Executive"This series of transactions is consistent with Cousins' strategy targeting trophy office towers in prime locations within the strongest urban submarkets of the Sun Belt," Larry Gellerstedt, Cousins' CEO, told Commercial Property Executive. Post Oak ...and more »

Commercial Real Estate in Manhattan Is Now Overvalued, According to ... - Marketwire (press release)

Commercial Real Estate in Manhattan Is Now Overvalued, According to ...Marketwire (press release)NEW YORK, NY--(Marketwire - Feb 11, 2013) - Most New York real estate executives believe commercial property in Manhattan is overvalued compared with real estate values in other major global cities, according to a new survey by accounting firm Marks ...and more »

Starwood Property Trust Announces Public Offering of Convertible Notes - The Providence Journal

The Providence JournalStarwood Property Trust Announces Public Offering of Convertible NotesThe Providence JournalGREENWICH, Conn., Feb. 11, 2013 /PRNewswire/ -- Starwood Property Trust, Inc. (the "Company") today announced that it is offering $450,000,000 aggregate principal amount of its Convertible Senior Notes due 2018 (the "Notes") in an underwritten public ...and more »

@properties Commercial Brokers 2 Apartment Building Sales - GlobeSt.com

@properties Commercial Brokers 2 Apartment Building SalesGlobeSt.comCHICAGO - @properties Commercial brokered two apartment building sales recently: a 16-unit building at 6304 N. Oakley Ave. for $1.13 million and a six-unit building at 4420 N. Winchester St. for $850,000. Kevin Rocio, real estate advisor for ...

Anderson Birkla Buys 580 Building in Downtown Cincinnati, Plans Apartments - Commercial Property Executive (blog)

Anderson Birkla Buys 580 Building in Downtown Cincinnati, Plans ApartmentsCommercial Property Executive (blog)The company now intends to redevelop the property into a mix of residential, office and entertainment space. The 580 Building is located at 580 Walnut St. It occupies half a city block in one of the most desirable areas in Cincinnati's central business ...

Real estate transactions for Feb. 11, 2013

Real estate transactions for Feb. 11, 2013 HOUSTON CHRONICLE Copyright 2013 HOUSTON CHRONICLE. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 11:22 pm, Sunday, February 10, 2013 Russell Cowart, assistant real estate manager with Kroger, represented his firm. Discount Tire has purchased 1.2 acres from OCC II to develop a store at Oyster ...

Modesto Commercial Real Estate Firm NAI Benchmark is Honored with Fast ... - San Francisco Chronicle (press release)

Modesto Commercial Real Estate Firm NAI Benchmark is Honored with Fast ...San Francisco Chronicle (press release)NAI Benchmark is one of the leading independent commercial brokerage and property management firms in the Central Valley. Based in Modesto, California, NAI Benchmark manages a diverse portfolio of commercial property and has brokered over ...and more »

Sunday Notebook: Bruss Co. opens plant on Westside

The Bruss Co. has opened its meat-cutting plant on West Fifth Street, near Commonwealth and Edgewood. The original plans to have it open by the middle of 2012 kept getting pushed back as the renovation took longer than expected.

Fred's Says Sales Increase in January

Fred's Inc. reported Thursday that an extra week helped its revenue for January, but results were more modest by comparison to the prior year on an ad...

Kite Realty Group Trust Reports Fourth Quarter and Full Year 2012 Results

Kite Realty Group Trust announced today operating results for the fourth quarter and full year ended December 31, 2012. Financial statements and exhibit

Colonial Properties Trust Sells Metropolitan Midtown for $94 Million

Colonial Properties Trust , today announced the sale of Metropolitan Midtown, its mixed-use project located in Charlotte, North Carolina, for $94.4 million in cash. Colo

Acadia Realty Trust Reports Fourth Quarter and Full Year 2012 Operating Results

Acadia Realty Trust today reported operating results for the quarter and year ended December 31, 2012. All per share amounts are on a fully diluted basis.

Barnes & Noble Should Start Thinking Outside of the Big Box

"The year was 1996. That is when I co-developed the Barnes & Noble (BKS) store in my hometown of Spartanburg, South Carolina. The 25,000 square foot "big box" store had everything to offer and when the store opened customers were lined up; out the door to get a firsthand glimpse of the incredible "everything's paper" superstore. Back then, Steve Jobs had just returned from his eleven year ...

Stream Realty Opens New Offices in Washington, D.C. and Charlotte, North Carolina

DALLAS, Jan. 22, 2013 /PRNewswire/ -- Stream Realty Partners, one of the nation's fastest growing providers of commercial real estate services, announced the opening of two new offices in Washington, D.C. ...

Sensex up 124 points; Oil amp; Gas and Realty packs lead

At 2:45pm (IST), BSE Sensex was trading at 19941, up 124 points over the previous close. It had earlier touched a day's high of 20005 and a day's low of 19783. It opened at 19846.

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