Austin Davis Reviews

Thursday, July 26, 2012

Parking agreements now in place for $85M Councill Courts redevelopment - Everything Alabama Blog

HUNTSVILLE, Alabama -- The Huntsville City Council approved a series of contracts Thursday night related to an $85 million-plus redevelopment of the former Councill Courts public housing site. Pearce Construction was hired to build a $9.8 ...

Vortex International Realty Launches Boutique Luxury Real Estate Company to ... - Business Wire (press release)

Vortex International Realty Launches Boutique Luxury Real Estate Company to ...Business Wire (press release)Vortex International Realty provides brokerage and advisory services for luxury residential and commercial real estate. Its Residential Division specializes in high-end Miami condominiums, luxury single-family homes and residential investment properties.

360 Commercial Partners acquired by global real estate giant - OC Metro

360 Commercial Partners acquired by global real estate giantOC MetroIrvine-based 360 Commercial Partners, a two-and-a-half-year-old commercial real estate brokerage company, has joined forces with global real estate giant Jones Lang LaSalle in a merger that will rebrand the local firm as a JLL office. Louis Tomaselli ...Jones Lang LaSalle Increases Prominence in Orange County with 360 ...MarketWatch (press release)Experienced firm to manage Union DepotMinneapolis Star TribuneJones Lang LaSalle buys Credo Real EstateChannel News Asiaall 16 news articles »

New Park Unveiled in Downtown Los Angeles - ABC News

The $56 million renovation aims to create a 12-acre strip of lawns, winding paths and gardens that will become a vibrant center of city life. It continues the renaissance of downtown, which in recent years has seen the $2.5 billion entertainment ...

Report: Optimism in commercial real estate market - Bizjournals.com (blog)

Report: Optimism in commercial real estate marketBizjournals.com (blog)The Twin Cities commercial real estate market is showing positive absorption when all areas of the market are combined, according to Cushman & Wakefield/NorthMarq's mid-year 2012 Compass Report. The vacancy rate declined to 15.3 percent across all ...

$8 MILLION UPGRADE - Cootamundra Herald

GM Scott meatworks started construction on an $8 million redevelopment yesterday that will make it the most modern and innovative meat processing plant in Australia. GM Scott is already one of Australia's most innovative meat processors having just won ...

After renovation, JCC is 'a very different building' - Cleveland Jewish News

This is the new Mandel JCC in Beachwood, which professionals and lay leaders say is revitalized after a three-year, $18 million renovation, phase two of which was completed in June. "It's really a very different building," said Darrell A.

Tanger Factory Outlet Centers Inc. : $8 Million Renovation & Expansion Underway at Tanger Outlets in Gonzales, LA - 4-traders (press release)

GONZALES, LA -- (Marketwire) -- 07/26/12 -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announces that construction has started on an expansion and renovation of Tanger Outlets Gonzales. The 8 million dollar project will add 50,000 square feet to the ...

$8 Million Renovation & Expansion Underway at Tanger Outlets in Gonzales, LA - NBCNews.com

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announces that construction has started on an expansion and renovation of Tanger Outlets Gonzales. The 8 million dollar project will add 50,000 square feet to the center. Gonzales will also undergo an upgrade ...

State fairgrounds Coliseum upgrade to add new arena - Bedford Times-Mail

INDIANAPOLIS — The $63 million renovation of the Indiana State Fairgrounds' Coliseum complex will include adding a new 20,000-square-foot arena a top fair official calls the fairgrounds' most important capital project in its 120-year history.

Nanaimo arena renovation nears completion - Nanaimo Bulletin

Normally, a lack of ice in the summer is a good thing. But with a $1.9 million renovation closing down Cliff McNabb Arena from May to the mid-August, Nanaimo's parks, recreation and culture department found itself on a slippery slope in terms of ...

Melbourne's Hamer Hall is reopened following a stunning $136 million redevelopment - heraldsun.com.au

It ended, two hours later, with confetti and streamers. In between, new-look Hamer Hall was welcomed back last night with a star-studded opening concert that straddled opera, pop and music theatre. Caroline O'Connor turned on the razzle dazzle.

Riverwalk to receive $70 million redevelopment as outlet mall - nola.com

The Howard Hughes Corp. announced Thursday it is spending $70 million to redevelop the Riverwalk Marketplace in New Orleans as an upscale outlet center. The new venture will be called The Outlet Collection at Riverwalk, according to a statement ...

Commercial Real Estate Values Rise Slowly, Steadily - NuWire Investor

Commercial Real Estate Values Rise Slowly, SteadilyNuWire InvestorNumerous price indices show that commercial real estate (CRE) values are on the rise, although now more slowly than in the past. Experts say investors are playing a wait-and-see game that has limited the greatest amount of growth to the most sought ...

Vortex International Realty Launches Boutique Luxury Real Estate Company to ... - MarketWatch (press release)

Vortex International Realty Launches Boutique Luxury Real Estate Company to ...MarketWatch (press release)Vortex International Realty provides brokerage and advisory services for luxury residential and commercial real estate. Its Residential Division specializes in high-end Miami condominiums, luxury single-family homes and residential investment properties.and more »

Portland commercial real estate slowly coming back from downturn - OregonLive.com

OregonLive.comPortland commercial real estate slowly coming back from downturnOregonLive.combuilding portland.JPG Doug Beghtel/The OregonianCrews are remodeling The Galleria, a former department store that will soon be home to a Target concept store. Pent-up demand for commercial real estate has brought little new construction, but a number ...

Apollo Commercial Real Estate Finance, Inc. Announces Pricing of $75 Million ... - MarketWatch (press release)

Apollo Commercial Real Estate Finance, Inc. Announces Pricing of $75 Million ...MarketWatch (press release)About Apollo Commercial Real Estate Finance, Inc. Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) is a commercial mortgage real estate investment trust that primarily originates, invests in, acquires and manages senior performing commercial real ...SOURCE: Apollo Commercial Real Estate Finance, Inc.Marketwire (press release)Apollo Commercial Real Estate Finance Announces Preferred Stock OfferingNASDAQall 14 news articles »

Commercial Real Estate Forecast: 2012-2013 - Forbes

ForbesCommercial Real Estate Forecast: 2012-2013ForbesDuring the housing crisis, many people asserted that commercial real estate was the other shoe waiting to drop. Commercial real estate loan defaults did rise along with residential defaults, but the commercial sector never went down enough to throw the ...

Hudson City Bancorp to enter commercial real estate market - Reuters

Hudson City Bancorp to enter commercial real estate marketReutersJuly 24 (Reuters) - Hudson City Bancorp Inc said it will enter the lucrative commercial real estate market as low interest rates pressure profits and force the lender to look at other growth opportunities. Regional banks have struggled to grow profits ...and more »

Pinnacle Entertainment plans 150-room, $20 million hotel at Boomtown Casino in Louisiana

BATON ROUGE, La. - Las Vegas-based Pinnacle Entertainment said Tuesday it will be starting construction on a 150-room hotel at the site of its Boomtown Casino in Jefferson Parish.

Wednesday, July 25, 2012

Whole Foods to open in Columbia - Baltimore Sun

a $100 million housing development called the Metropolitan Downtown Columbia, is expected to begin later this year. The latest plan is seen as a way to preserve the stucco-clad Rouse building, which opened in 1974 as the headquarters of the firm ...

STILL No Duty to Disclose Material Adverse Conditions in Florida Commercial ... - JD Supra (press release)

STILL No Duty to Disclose Material Adverse Conditions in Florida Commercial ...JD Supra (press release)Peacock Point, LLC,[i] reminds us of several important principles of the law of fraud and misrepresentation in Florida, as applied to commercial real estate transactions. First, not every false statement concerning a material fact about real property ...

Landmark Dividend Launches Commercial Real Estate Division and Offers ... - Virtual-Strategy Magazine

Landmark Dividend Launches Commercial Real Estate Division and Offers ...Virtual-Strategy MagazineLandmark Dividend launches Commercial Real Estate Division and is pleased to offer custom-tailored solutions to its commercial real estate clients; enabling them to receive full value for their cellular tower or billboard asset and ensuring the sale or ...and more »

UPDATED: Crescent Sells Charlotte Multifamily for $74 Million

Crescent Resources traded Circle at South End, a 360-unit apartment complex in Charlotte, NC, to Post Properties Inc. (NYSE: PPS) of Atlanta for $74 million or $205,556 per unit. Following the acquisition, the buyer renamed the 906,950-square-foot multifamily property at 222 E. Bland St. "Post South End." Average unit sizes are 847 square feet and the units are currently approximately 95 percent ...

TEXT-S&P rates JPMorgan Commercial Mortgage 2012-HSBC - Reuters

TEXT-S&P rates JPMorgan Commercial Mortgage 2012-HSBCReuters1, 2004 -- CMBS Property Evaluation Criteria: Commercial Property Cash Flow Analysis, Sept. 1, 2004 -- CMBS Property Evaluation Criteria: Insurance Criteria For CMBS Transactions, Sept. 1, 2004 -- U.S. CMBS Legal And Structured Finance Criteria: ...and more »

Rate cuts fail to lift the gloom - The Australian

NEWS.com.auRate cuts fail to lift the gloomThe AustralianConfidence has fallen despite interest rate cuts and a better outlook for listed property trusts, with residential property central to deteriorating sentiment. The quarterly Property Council of Australia-ANZ Property Industry Confidence Survey, started ...Property industry confidence down: surveySydney Morning HeraldConfidence in Queensland property industry plungesCourier Mailall 33 news articles »

Hong Kong rents rivaling 5th Avenue chase retailers away

HONG KONG/SINGAPORE (Reuters) - Hong Kong's main shopping district is gaining on New York's 5th Avenue for the title of world's most expensive retail zone as rents rise by 35 percent a year, pushing chains such as H&M out to the cheaper suburbs. Swedish fashion chain Hennes & Mauritz's first store in Asia was a 30,000 sq ft (2,800 Sq m) flagship in Central, the heart of Hong Kong. But with the ...

Downtown property values slip in Rapid City - Rapid City Journal

Downtown property values slip in Rapid CityRapid City JournalProperties in Zone 1, which includes all commercial properties bordered by Mount Rushmore Road, Omaha Street, Fifth Street and Kansas City Street, pay $1.50 per $1000 assessed value. Properties in Zone 2, which includes all commercial properties ...

Lincoln commercial property has a buyer - Sacramento Bee

Lincoln commercial property has a buyerSacramento BeeThe Sacramento-area office of Voit Real Estate Services said it has completed the sale of the nearly 75000-square-foot Lincoln Gateway retail/office property in Lincoln. Voit worked on behalf of the buyer, the Sacramento-based Vanir Group of Companies, ...Lincoln Gateway group of buildings sellsUpstartall 4 news articles »

Poland Sees Real-Estate Market Boom - Wall Street Journal

In its biannual transparency index, real-estate ... hundred million euros of deals waiting to close in Poland currently," he says, adding that "Poland is now interesting for pension funds, institutional investors and German open- and closed ...

No let-up as commercial property values continue to fall - Irish Times

No let-up as commercial property values continue to fallIrish TimesCOMMERCIAL PROPERTY values are continuing to decline despite the growing international investor interest in the Dublin market and the completion of a number of significant sales and lettings. The latest index from the London researcher IPD shows that ...and more »

Commercial Real Estate Transactions - Part IV - JD Supra (press release)

Commercial Real Estate Transactions - Part IVJD Supra (press release)Introducing a short series of papers by Schecter Law setting forth simplified answers to common questions regarding commercial real estate transactions. The Q&A is also available on video as Schecter Law is a featured real estate law firm on Law.and more »

BMO Economics Releases Forecast for Income-Producing Commercial Real ... - MarketWatch (press release)

Winnipeg Free PressBMO Economics Releases Forecast for Income-Producing Commercial Real ...MarketWatch (press release)"The commercial real estate industry benefits from the healthy condition of Canada's financial institutions, the participation of large, well funded operators and institutional investors, whose long-term objectives reduce volatility during downturns ...BMO sees strength in commercial real estate through 2013CTV NewsCalgary's commercial real estate industry rebounds from recessionCalgary Heraldall 17 news articles »

Ex-Merrill Banker Seeks to Resurrect CMBS in EU - Businessweek

Ex-Merrill Banker Seeks to Resurrect CMBS in EUBusinessweekCommercial property owners have 260 billion euros of debt coming due in Europe this year, according to broker DTZ. Refinancing will be difficult, with many banks unwilling to increase lending until they can sell existing loans to meet regulatory ...CRE Finance Council Europe Proposes Principles For CMBS IssuancesMortgageorball 6 news articles »

Some Bethlehem area property owners could face reassessment

The owners of more than four dozen real estate parcels in the Bethlehem Area School District may soon be facing a reassessment that will hike their property tax bills. The school board voted 8-1 Monday night to begin a process that could -- according to the schools superintendent Dr. Joseph Roy -- net up to an extra $2 million a year in revenue for the district. Roy also told board members that ...

Crescent Sells Charlotte Multifamily for $74 Million

Crescent Resources traded Circle at South End, a 360-unit apartment complex in Charlotte, NC, to an undisclosed buyer for $74 million or $205,556 per unit. The 906,950-square-foot community at 222 E. Bland St. consists of 8,000 square feet of retail space . Circle at South End opened in May 2009. It is 100 percent smoke-free and earned a LEED Silver designation in 2010. The multifamily includes ...

Crescent Resources Sells Circle At South End At Record Price

CHARLOTTE, N.C., July 23, 2012 /PRNewswire/ -- Crescent Resources has sold Circle at South End for $74 million to an undisclosed buyer. With 360 units and 8,000 square feet of retail space, the community ...

Hilco Real Estate Auctions, LLC, Announces the Foreclosure Auction of Fergie's Restaurant on August 21st - Marketwatch

This high mark of distinction, along with the recently constructed $28 million dollar Elizabethtown ... HilcoReal is a national provider of real estate auction services combining high-touch, open-outcry auctions with technologically-advanced ...

Buyer pays $8.5 million for 5,800 acres of timberland

BALDWIN COUNTY -- An Alabama buyer paid about $8.5 million for more than 5,800 acres of timberland on the Alabama River north of Mobile in Baldwin and Clarke counties, according to court records. The property is accessible by boat...

Real Estate News: Housing Shortage Slows Sales - Wall Street Journal

Here is a look at real-estate news in Friday's WSJ ... Private Properties: The founder of Yankee Candle lists his Florida home for $22.5 million. Open House: A Beach Retreat in Thailand: A 7,500-square-foot villa with six bedrooms and ...

Calloway Real Estate Investment Trust Ex-Dividend Reminder

On 7/27/12, Calloway Real Estate Investment Trust (Toronto: CWT-UN) will trade ex-dividend, for its monthly dividend of $0.129, payable on 8/15/12. As a percentage of CWT.UN's recent stock price of $29.71, 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 »

Northern Property Real Estate Investment Trust / Norser About To Put More Money In Your Pocket

On 7/27/12, Northern Property Real Estate Investment Trust / Norser Co Inc. (Toronto: NPR-UN) will trade ex-dividend, for its monthly dividend of $0.1275, payable on 8/15/12. As a percentage of NPR.UN's recent stock price of $33.14, this dividend works out to approximately 0.38%. Click here to find out which 9 other Canadian stocks going ex-dividend you should know about, at DividendChannel.com »

Cominar Real Estate Investment Trust About To Put More Money In Your Pocket

On 7/27/12, Cominar Real Estate Investment Trust (Toronto: CUF-UN) will trade ex-dividend, for its monthly dividend of $0.12, payable on 8/15/12. As a percentage of CUF.UN's recent stock price of $24.95, this dividend works out to approximately 0.48%. Click here to find out which 9 other Canadian stocks going ex-dividend you should know about, at DividendChannel.com »

Primaris Retail Real Estate Investment Trust About To Put More Money In Your Pocket

On 7/27/12, Primaris Retail Real Estate Investment Trust (Toronto: PMZ-UN) will trade ex-dividend, for its monthly dividend of $0.1016, payable on 8/15/12. As a percentage of PMZ.UN's recent stock price of $23.78, 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 »

RioCan Real Estate Investment Trust Goes Ex-Dividend Soon

On 7/27/12, RioCan Real Estate Investment Trust (Toronto: REI-UN) will trade ex-dividend, for its monthly dividend of $0.115, payable on 8/8/12. As a percentage of REI.UN's recent stock price of $28.79, this dividend works out to approximately 0.40%. Click here to find out which 9 other Canadian stocks going ex-dividend you should know about, at DividendChannel.com »

InterRent Real Estate Investment Trust About To Put More Money In Your Pocket

On 7/27/12, InterRent Real Estate Investment Trust (Toronto: IIP-UN) will trade ex-dividend, for its monthly dividend of $0.01, payable on 8/15/12. As a percentage of IIP.UN's recent stock price of $5.00, this dividend works out to approximately 0.20%. Click here to find out which 9 other Canadian stocks going ex-dividend you should know about, at DividendChannel.com »

Cominar Real Estate Investment Trust About To Put More Money In Your Pocket - Forbes

* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company. In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent ...

RioCan Real Estate Investment Trust Goes Ex-Dividend Soon - Forbes

Boardwalk Real Estate Investment Trust Goes Ex-Dividend Soon

On 7/27/12, Boardwalk Real Estate Investment Trust (Toronto: BEI-UN) will trade ex-dividend, for its monthly dividend of $0.155, payable on 8/15/12. As a percentage of BEI.UN's recent stock price of $64.36, this dividend works out to approximately 0.24%. Click here to find out which 9 other Canadian stocks going ex-dividend you should know about, at DividendChannel.com »

Retrocom Mid-Market Real Estate Investment Trust About To Put More Money In Your Pocket

On 7/27/12, Retrocom Mid-Market Real Estate Investment Trust (Toronto: RMM-UN) will trade ex-dividend, for its monthly dividend of $0.0375, payable on 8/15/12. As a percentage of RMM.UN's recent stock price of $5.63, this dividend works out to approximately 0.67%. Click here to find out which 9 other Canadian stocks going ex-dividend you should know about, at DividendChannel.com »

Canadian Apartment Properties Real Estate Investment Trust Ex-Dividend Reminder

On 7/27/12, Canadian Apartment Properties Real Estate Investment Trust (Toronto: CAR-UN) will trade ex-dividend, for its monthly dividend of $0.09, payable on 8/15/12. As a percentage of CAR.UN's recent stock price of $24.90, 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 »

Lawrence leaders approve $12 million in incentives for multi-building development - Bizjournals.com

Lawrence leaders approve $12 million in incentives for multi-building developmentBizjournals.comDevelopers who are planning a $43 million redevelopment at Ninth and New Hampshire streets in Lawrence have secured a nearly $12 million incentive package from the city. The Lawrence Journal-World reports developers plan a multistory hotel/retail ...and more »

Senior Housing Properties Trust Second Quarter Conference Call Scheduled for Wednesday, August 1st - CNBC

Senior Housing Properties Trust is a real estate investment trust, or REIT, which owns independent and assisted living communities, medical office buildings, nursing homes, rehabilitation hospitals and wellness centers throughout the United States.

PenMar Development Corp. regains ownership of former Fort Ritchie - The Herald-Mail

PenMar Development Corp. regains ownership of former Fort RitchieThe Herald-MailNipps said PenMar officials believe the move will lead to the dismissal of a 2005 lawsuit that has held up major development of the property. It also will avoid a scenario that Nipps said COPT officials were contemplating that could have led to ...

Digital Realty Trust, Inc. Reports Second Quarter FFO Of $1.09 Per Share, Up 2.8% From First Quarter 2012 - MSN Money

... non-GAAP performance measure used by the real estate industry to measure the operating performance of real estate investment trusts. FFO and core FFO should not be considered as substitutes for net income determined in accordance with U.S ...

British Land Buys Mayfair Offices Valued at $202 Million - Bloomberg

British Land Co. (BLND), the U.K.'s second- largest real estate investment trust, agreed to buy two buildings in central London's Mayfair district and plans to convert them into luxury homes, shops and offices. British Land spent 129.6 ...

Brevard County OKs more leeway for Cocoa Expo redevelopment - Florida Today

Brevard County OKs more leeway for Cocoa Expo redevelopmentFlorida TodayCounty commissioners approved new zoning rules Tuesday that could help clear the way for a proposed $40 million redevelopment of the Cocoa Expo Sports Center. Without debate, the commission voted 4-0 to amend the county's land development ...and more »

Wayne to head up point project - August Margaret River Mail

Wayne to head up point projectAugust Margaret River MailTHE $5.9 million redevelopment of Surfers Point, which received a $1.24 million Federal funding boost last week, will be overseen by former shire infrastructure services director Wayne Prangnell. Mr Prangnell, who resigned from his council position ...and more »

Partners Real Estate Investment Trust Announces Appointment of Independent Trustee - Yahoo Finance

VICTORIA, BRITISH COLUMBIA--(Marketwire -07/24/12)- NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.

Pure Industrial Real Estate Trust Receives Conditional Approval For TSX Listing - Yahoo Finance

VANCOUVER, July 24, 2012 /PRNewswire/ - Pure Industrial Real Estate Trust ("PIRET" or the "REIT") (AAR-UN.V) announced today that the Toronto Stock Exchange (the "TSX") has conditionally approved the listing of PIRET's Class A trust units (the ...

Tuesday, July 24, 2012

Commercial real estate agencies turn to iPads and the cloud with Surga Central - Get the Word Out (press release)

Commercial real estate agencies turn to iPads and the cloud with Surga CentralGet the Word Out (press release)Australian commercial real estate agencies are turning to Apple iPads and the cloud to raise sales force productivity, improve customer service and gain competitive advantage. Now, with the release of Surga Central for iPad - a cloud-based CRM software ...

Local property markets under scrutiny - China Daily

China DailyLocal property markets under scrutinyChina DailySales of commercial residential properties in Guangdong province started to recover in the second quarter of this year, increasing month-by-month both in terms of floor space and revenue, according to a report released by the Guangdong Real Estate ...and more »

No let-up as commercial property values continue to fall - Irish Times

BMO sees strength in commercial real estate through 2013 - CTV News

Winnipeg Free PressBMO sees strength in commercial real estate through 2013CTV NewsTORONTO -- BMO Economics says the commercial real estate market -- which has been characterized by cautious growth since a severe market downturn in the 1990s -- will become a draw for investors into next year, thanks to a strong real estate market and ...BMO Economics Releases Forecast for Income-Producing Commercial Real ...MarketWatch (press release)Calgary's commercial real estate industry rebounds from recessionCalgary Heraldall 17 news articles »

Commercial Real Estate Transactions - Part IV - JD Supra (press release)

BMO predicts strong investor interest in commercial real estate into 2013 - Brandon Sun

BMO predicts strong investor interest in commercial real estate into 2013Brandon SunTORONTO - BMO Economics says the commercial real estate market — which has been characterized by cautious growth since a severe market downturn in the 1990s — will become a draw for investors into next year, thanks to a strong real estate market ...

A Metric Mind: With Data Analysis the Norm, Winick Realty Looks to Kenneth Hochhauser for the "Secret Sauce"

Years before Chipotle Mexican Grill became a calorie-packed part of Midtown's daily diet, the burrito maker was mapping a path into the New York City marketplace. In 2002, after launching in Washington D.C. and other suburban markets, Chipotle turned to Kenneth Hochhauser and Jeffrey Roseman, who subsequently turned to internal data accumulated by the former Newmark Knight Frank to determine an ...

Ex-Merrill Banker Seeks to Resurrect CMBS in EU - Businessweek

L.A. Commercial Real Estate Financing Up 21% - DigitalJournal.com (press release)

L.A. Commercial Real Estate Financing Up 21%DigitalJournal.com (press release)COM Newswire. Los Angeles, CA (PRWEB) July 24, 2012. After three quarters, Los Angeles area commercial real estate financing utilizing the SBA-504 loan program continues to show improvement over last year, according to CDC Small Business Finance.and more »

Some Bethlehem area property owners could face reassessment

China developers still lean toward skyscrapers - MarketWatch

China developers still lean toward skyscrapersMarketWatchDevelopers have responded by tapping what many say is the huge potential for commercial real estate. Chengdu developers who spoke with Caixin cited pent up demand for shopping malls, for example, since no new malls have opened in the city for several ...and more »

Crescent Sells Charlotte Multifamily for $74 Million

Circle at South End sold for $74 million

CHARLOTTE, N.C. -- Crescent Resources has sold Circle at South End for $74 million to an undisclosed buyer. With 360 units and 8,000 square feet of retail space, the community sold for approximately $205,555 per unit, a record for an apartment community in North Carolina. "This transaction speaks volumes about the results and differentiation of our multifamily developments," said Brian Natwick ...

Crescent Resources Sells Circle At South End At Record Price

Hilco Real Estate Auctions, LLC, Announces the Foreclosure Auction of Fergie's Restaurant on August 21st - Marketwatch

Real estate funds lead the pack, but can it last? - Austin American-Statesman

Austin American-StatesmanReal estate funds lead the pack, but can it last?Austin American-StatesmanThe housing market might be coming back, with home prices rising and mortgage rates at record lows. But there's greater strength in commercial real estate. Check out the recent investment returns of stock mutual funds that specialize in companies ...Real estate funds lead the pack, can it last?USA TODAYAfter a Long Rally, It's Time to Get Choosier With REITsWall Street Journalall 92 news articles »

Buyer pays $8.5 million for 5,800 acres of timberland

Real Estate News: Housing Shortage Slows Sales - Wall Street Journal

Agree Realty Picks Up Three Wawa Properties for $14.2M

WAWA, Pa. -- Agree Realty Corp. has acquired three Wawa convenience stores in Pennsylvania, Delaware and New Jersey for $14.2 million. Wawa Inc. holds a master lease on the stores, and the base term of that master lease has approximately 9.5 years remaining.

An Open-Air Museum in Rome, With the Rules to Match - New York Times

When Mr. Janer, a former commodities trader, and his wife arrived in Rome from São Paulo, where they had been living, he was hired by a real estate investment company ... It took three years and €1.5 million to restore the 19th-century ...

Inland Real Estate Acquisitions, Inc. Announces the Purchase of the North ... - MarketWatch (press release)

Inland Real Estate Acquisitions, Inc. Announces the Purchase of the North ...MarketWatch (press release)Inland Diversified Real Estate Trust, Inc. ("Inland Diversified") is a public, non-listed real estate investment trust (REIT) that focuses on acquiring and developing a diversified portfolio of commercial real estate. For additional information, please ...and more »

Artis Announces Offering of Cumulative Rate Reset Preferred Trust Units - Marketwire (press release)

Artis Announces Offering of Cumulative Rate Reset Preferred Trust UnitsMarketwire (press release)Artis Real Estate Investment Trust (TSX:AX.UN) ("Artis" or the "REIT") announced today a marketed public offering (the "Financing") of approximately $50 million Cumulative 5-Year Rate Reset Preferred Trust Units, Series A (the "Series A Units") at a ...and more »

NEW: Washington Trust Announces Record Second Quarter Earnings - GoLocalProv

GoLocalProvNEW: Washington Trust Announces Record Second Quarter EarningsGoLocalProvWashington Trust Bancorp, Inc. (NASDAQ Global Select; symbol: WASH), parent company of The Washington Trust Company, today announced second quarter 2012 net income of $8.7 million, or 53 cents per diluted share. On a diluted earnings per share ...Washington Trust Announces Record Earnings for Second Quarter 2012MarketWatch (press release)Washington Trust posts record quarterProvidence Business NewsMutualFirst Announces Second Quarter 2012 EarningsSacramento BeeSYS-CON Media (press release) -Daily Marketsall 111 news articles »

MPG Office Trust posts second-quarter profit of $67.3 million - Los Angeles Times

MPG Office Trust posts second-quarter profit of $67.3 millionLos Angeles TimesThe Los Angeles real estate investment trust — which also owns buildings in Glendale, Pasadena and Cerritos — continued to let go of properties that were heavily encumbered with debt while hanging on to most of its trophy buildings in L.A.'s ...MPG Office Trust Reports Second Quarter 2012 Financial ResultsMarketWatch (press release)MPG Office Trust profit fallsRTT NewsMPG OFFICE TRUST INC : MPG Office Trust Reports Second Quarter 2012 ...4-tradersall 7 news articles »

Govt takes controlling stake in Auckland redevelopment project

The government and Auckland City are investing $8.5 million in a new commercial entity to guide the redevelopment of Glen Innes and Panmure. "This will make these areas a better place to live and give the local residents pride in the area and, hopefully, less crime. A win-win all round." Featured comment read more

Government takes controlling stake in Auckland redevelopment

July 24 (BusinessDesk) - The government and Auckland City are jointly investing $8.5 million in a new commercial entity to guide the plans to transform the lower socio-economic suburbs of Glen Innes and ...

Pure Industrial Real Estate Trust Announces Agreement To Acquire Fully ... - MarketWatch (press release)

Pure Industrial Real Estate Trust Announces Agreement To Acquire Fully ...MarketWatch (press release)VANCOUVER, July 23, 2012 /PRNewswire via COMTEX/ -- Pure Industrial Real Estate Trust ("PIRET" or the "REIT") (CVE:CA:AAR.UN) today announced it has entered into an agreement to acquire a fully leased multi-tenant, income producing industrial ...and more »

Brandywine Realty Trust Announces Six LEED Buildings and Four LEED ... - MarketWatch (press release)

Brandywine Realty Trust Announces Six LEED Buildings and Four LEED ...MarketWatch (press release)Brandywine 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 ...Brandywine Realty's Phila.-area lease deals this yearPhiladelphia Business Journal (blog)all 19 news articles »

Healthcare Trust of America, Inc. to Acquire Rush Medical Office Building for ... - MarketWatch (press release)

Healthcare Trust of America, Inc. to Acquire Rush Medical Office Building for ...MarketWatch (press release)Healthcare Trust of America, Inc. (NYSE:HTA) , a publicly traded real estate investment trust, is a fully-integrated, leading owner of medical office buildings. HTA listed its shares on the New York Stock Exchange on June 6, 2012. HTA is a full-service ...Healthcare Trust of America to buy Chicago-area building for $54MUpstartHealthcare Trust of America, Inc. Closes a 7-Year Term LoanMelodika.net (press release)all 21 news articles »

Brookfield Canada Office Properties Reports Second Quarter 2012 Results - MarketWatch (press release)

Brookfield Canada Office Properties Reports Second Quarter 2012 ResultsMarketWatch (press release)UN) (NYSE:BOXC) , a Canadian REIT (Real Estate Investment Trust), today announced that net income for the three months ended June 30, 2012 was $134.4 million or $1.44 per unit, compared to $47.5 million or $0.51 per unit during the same period in ...and more »

First Potomac Realty Trust Declares Dividends on Common and Preferred Shares - MarketWatch (press release)

First Potomac Realty Trust Declares Dividends on Common and Preferred SharesMarketWatch (press release)First Potomac Realty Trust is a self-administered, self-managed real estate investment trust that focuses on owning, operating, developing and redeveloping office and industrial properties in the greater Washington, D.C. region. As of June 30, 2012 ...and more »

Hilco Real Estate Auctions, LLC, Announces the Foreclosure Auction of Fergie's Restaurant on August 21st - Marketwatch

Lexington Realty Trust: Score Nothing But Net With A Sharp Shooting Triple-Net ... - Seeking Alpha

Lexington Realty Trust: Score Nothing But Net With A Sharp Shooting Triple-Net ...Seeking AlphaAs most of you know, I generally always recommend "triple-net" REITs as a durable alternative for most SWAN (sleep well at night) investors. Although the specialty REIT sector is not considered a major "food group" (i.e. retail, office, industrial ...and more »

Cedar Grove redevelopment hits milestone in Eagan

Paragon Outlets will pay $14.7 million for 29 acres at the long-dormant Cedar Grove redevelopment site, with plans to open an upscale outlet mall in 2014.

Real Estate News: Housing Shortage Slows Sales - Wall Street Journal

Fitch Takes Various Actions on Redding Redevelopment Agency, California's TABs

Fitch Ratings has downgraded and removed from Rating Watch Negative the following tax allocation bonds for the Redding Redevelopment Agency, CA :

Atascadero pays state more than $1 million as part of redevelopment agency dissolution plan

ATASCADERO — The city of Atascadero has cut a check for $1,082,582.43, which is consistent with new state laws that eliminate redevelopment agencies in an effort to balance the state budget.

An Open-Air Museum in Rome, With the Rules to Match - New York Times

Sterling TownCenter Apartments to Open in September - GlobeSt. com

RALEIGH, NC-Grubb Properties, a real estate development and management company in North Carolina, will open a new multifamily property in Raleigh. The $35-million project, called the Sterling TownCenter Apartments, is situated on the other side of Triangle ...

Cinemark to Open High-End Theater in Playa Vista (Exclusive) - Hollywood Reporter

Cinemark Holdings will open a nine-screen, high-end cineplex at the Runway at Playa Vista, a forthcoming real estate development in the coastal ... be part of Dallas-based Lincoln Property Co.'s $270 million Runway project, which will include residences ...

Monday, July 23, 2012

Brandywine Realty Trust Announces Six LEED Buildings and Four LEED ... - Construction Digital (press release)

Brandywine Realty Trust Announces Six LEED Buildings and Four LEED ...Construction Digital (press release)RADNOR, Pa., July 23, 2012 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) announced today that it has earned six Leadership in Energy and Efficient Design (LEED) certifications at the following properties: LEED Platinum: 2121 Pennsylvania ...

Pure Industrial Real Estate Trust Announces Agreement To Acquire Fully ... - Stockhouse

Pure Industrial Real Estate Trust Announces Agreement To Acquire Fully ...StockhouseVANCOUVER, July 23, 2012 /CNW/ - Pure Industrial Real Estate Trust ("PIRET" or the "REIT") (TSXV: AAR.UN) today announced it has entered into an agreement to acquire a fully leased multi-tenant, income producing industrial property for a total purchase ...

Pure Industrial Real Estate Trust Announces Agreement To Acquire Fully ... - MarketWatch (press release)

Brandywine Realty Trust Announces Six LEED Buildings and Four LEED ... - MarketWatch (press release)

Healthcare Trust of America, Inc. to Acquire Rush Medical Office Building for ... - MarketWatch (press release)

Brookfield Canada Office Properties Reports Second Quarter 2012 Results - MarketWatch (press release)

MPG Office Trust Reports Second Quarter 2012 Financial Results - MarketWatch (press release)

MPG Office Trust Reports Second Quarter 2012 Financial ResultsMarketWatch (press release)LOS ANGELES, Jul 23, 2012 (BUSINESS WIRE) -- MPG Office Trust, Inc. (NYSE:MPG) , a Southern California-focused real estate investment trust, today reported results for the quarter ended June 30, 2012. Significant Second Quarter Events. -- We had ...MPG OFFICE TRUST INC : MPG Office Trust Reports Second Quarter 2012 ...4-tradersall 3 news articles »

First Potomac Realty Trust Declares Dividends on Common and Preferred Shares - MarketWatch (press release)

Ramco-Gershenson Properties Trust Closes $360 Million Unsecured Credit ... - MarketWatch (press release)

Ramco-Gershenson Properties Trust Closes $360 Million Unsecured Credit ...MarketWatch (press release)Ramco-Gershenson Properties Trust (NYSE:RPT) is a fully integrated, self-administered, publicly-traded real estate investment trust (REIT) based in Farmington Hills, Michigan. Our primary business is the ownership and management of shopping centers in ...and more »

Five Factors Driving U.S. Industrial Real Estate Market's Resurgence - Marketwatch

CHICAGO, July 23, 2012 /PRNewswire via COMTEX/ -- The recent entry to the North American logistics and industrial property market by Australian commercial real estate investor and developer, Goodman Group, is the latest news to underscore the ...

Crescent Sells Charlotte Multifamily for $74 Million

Crescent Resources traded Circle at South End, a 360-unit apartment complex in Charlotte, NC, from an undisclosed buyer for $74 million or $205,556 per unit. The 906,950-square-foot community at 222 E. Bland St. consists of 8,000 square feet of retail space . Circle at South End opened in May 2009. It is 100 percent smoke-free and earned a LEED Silver designation in 2010. The multifamily ...

Circle at South End sold for $74 million

Crescent Resources Sells Circle At South End At Record Price

Coldwell Banker Commercial welcomes Topher Thompson - Lincoln Journal Star

48th Street, Suite 101 Lincoln, NE 68504. Thompson is a Lincoln native who grew up in the commercial real estate world. He will be responsible for managing listings for sale and lease of commercial property. "Topher has shown all the qualities necessary to ...

NAI Global Expands Retail Services with Commercial Real Estate Veteran Scott Edlitz - YAHOO!

Scott Edlitz, executive managing director of the Retail Services Group of NAI Global's New York City office, has been elected to NAI's retail leadership board and has begun working to promote select retail services offered by the organization into ...

Lexington Realty Trust: Score Nothing But Net With A Sharp Shooting Triple-Net ... - Seeking Alpha

Tampa Commercial Real Estate Sells a Landmark Office Building in Tampa - YAHOO!

Tampa Commercial Real Estate, a commercial real estate brokerage firm located in Tampa, FL negotiated the sale of the 57,200 sf building located at 715 E Bird Street, Tampa FL. Steven Silverman, the Broker at Tampa Commercial Real Estate was the broker in ...

Buyer pays $8.5 million for 5,800 acres of timberland

Real estate funds lead the pack, can it last? - USA Today

But there's far greater strength in commercial real estate. Check out the recent investment returns of stock mutual funds that specialize in companies owning income-producing property, from office buildings to hotels. Real estate funds have ...

Outlet Mall's Expansion A Boon To Local Developers

A 2004 decision to sell surplus land next to a downtown Las Vegas outlet mall now looks like a $11.5 million misstep by national retail real estate giant Simon Properties Group - and a big windfall for local real estate developers. In 2004, Simon Properties

Getty Realty to sell 66 commercial properties - Newsday (blog)

Newsday (blog)Getty Realty to sell 66 commercial propertiesNewsday (blog)Photo credit: Newsday, 2008 / Alejandra Villa. Getty Realty Corp., the Jericho-based real estate trust that focuses on gas station and convenience store holdings, will be selling 66 of its commercial and retail properties in the northeast and mid ...Getty Realty Puts 66 Sites Up for SaleCSNews Onlineall 8 news articles »

Asset sale keeps debt wolf from ReCap's door - Sydney Morning Herald

Sydney Morning HeraldAsset sale keeps debt wolf from ReCap's doorSydney Morning HeraldREAL Estate Capital Partners USA Property Trust (RCU) has moved to shore up its future with a new refinancing package and the appointment of four high-profile independent and non-executive directors. The trust, which owns the American assets of the ...and more »

Earnings Preview: Liberty Property - Analyst Blog - NASDAQ

Earnings Preview: Liberty Property - Analyst BlogNASDAQLiberty Property Trust(LRY) , a real estate investment trust (REIT), is scheduled to report second quarter 2012 earnings results on July 24. The current Zacks Consensus Estimate of 63 cents for the quarter represents a year-over-year decline of 3.22%.Earnings Preview: PrologisZacks.comall 22 news articles »

Newmark Grubb Knight Frank Invests and Expands Across the Midwest

CHICAGO, July 23, 2012 /PRNewswire/ -- Newmark Grubb Knight Frank , one of the fastest growing commercial real estate firms in the industry, today announced that it is further investing in America's heartland ...

Glimcher Realty Trust Earnings Call INSIGHTS: Leasing Stays the Course ... - Wall St. Cheat Sheet

Glimcher Realty Trust Earnings Call INSIGHTS: Leasing Stays the Course ...Wall St. Cheat SheetOn Friday, Glimcher Realty Trust (NYSE:GRT) reported its second quarter earnings and discussed the following topics in its earnings conference call. Take a look. Leasing Stays the Course. Todd Thomas – KeyBanc Capital Markets: I am on with Jordan ...

Still Worth Your Attention? Last Week's Hot Newsletter Mentions: GRT, CDXS ... - SmallCap Network

Still Worth Your Attention? Last Week's Hot Newsletter Mentions: GRT, CDXS ...SmallCap NetworkLast week, Glimcher Realty Trust (NYSE: GRT), Codexis (NASDAQ: CDXS) and LaCrosse Footwear (NASDAQ: BOOT) were three big board stocks that drew the attention of traders and investors alike thanks to mentions in various investment newsletters.

Russia Retail Property Wins Award for Developers Amstar & Renaissance

NOVOSIBIRSK, Russia, July 23, 2012 /PRNewswire/ Today Amstar announced that Aura Shopping Center in Novosibirsk, Russia, has been awarded the 2012 "Gold Brick" Award for Russia´s "Best Large Shopping Centre" by Commercial Real Estate, …

Lexington Realty Trust: Score Nothing But Net With A Sharp Shooting Triple-Net ... - Seeking Alpha

NAI Global Expands Retail Services with Commercial Real Estate Veteran Scott Edlitz

New York-based tenant representative broker will support worldwide strategyNew York, NY (PRWEB) July 23, 2012 Scott Edlitz, executive managing director of the Retail Services Group of NAI Global's New York City office, has been elected to NAI's retail leadership board and has begun working to promote select retail services offered by the organization into local markets around the world. Recently ...

Tampa Commercial Real Estate Sells a Landmark Office Building in Tampa

Tampa Commercial Real Estate, a commercial real estate brokerage firm located in Tampa, FL negotiated the sale of the 57,200 sf building located at 715 E Bird Street, Tampa FL.Tampa, FL (PRWEB) July 23, 2012 Steven Silverman, the Broker at Tampa Commercial Real Estate was the broker in the sale of the 57,200 landmark office building located in Sulphur Springs, Tampa.Originally built for a bank ...

RLJ Lodging Trust - Value - NASDAQ

RLJ Lodging Trust - ValueNASDAQWith an earnings surprise of 35.0% in the first quarter of 2012, this hotel REIT (real estate investment trust) attained a Zacks #1 Rank (Strong Buy). A forward P/E multiple of 10.33 and an impressive P/B multiple of 1.03 further offer a promising ...and more »

STOCKS NEWS SINGAPORE-CIMB, OCBC raise CapitaCommercial target price - Reuters

STOCKS NEWS SINGAPORE-CIMB, OCBC raise CapitaCommercial target priceReuters"With more lease expiries in 2013 and low expiring rents, we think CapitaCommercial Trust could offer the strongest rental reversion next year among office real estate investment trusts," CIMB said in a report. Separately, OCBC Investment Research also ...and more »

Real estate funds lead the pack, can it last? - USA Today

The stocks that these funds invest in — known as real estate investment trusts, or REITs — are required to distribute at least 90% of their taxable income to shareholders in order to escape corporate taxes. REITs generate income from ...

US Commercial Real Estate Is 'Solid And Healthy': Barry Sternlicht

Barry Sternlicht, the chairman and CEO of Starwood Capital Group LLC and the architect of hotel brands including the W, believes the U.S. commercial real-estate market has rebounded as investors seek assets that generate returns.

Glimcher Realty Trust CEO Discusses Q2 2012 Results - Earnings Call Transcript - TheStreet.com

Glimcher Realty Trust CEO Discusses Q2 2012 Results - Earnings Call TranscriptTheStreet.comGood morning, and welcome to the Glimcher Realty Trust 2012 second quarter conference call. Last evening, a copy of our press release was circulated on the newswire, and hopefully, each of you have had the opportunity to review our result. Copies of ...Glimcher Reports Second Quarter 2012 ResultsMarketWatch (press release)all 14 news articles »

Morguard Real Estate Investment Trust 2012 second quarter results conference call - Yahoo Finance

MISSISSAUGA, ON, July 20, 2012 /CNW/ - Rai Sahi, Chief Executive Officer of Morguard REIT (MRT-UN.TO), invites you to participate in a conference call on Tuesday August 7, 2012 at 4:00 p.m. (ET ) to discuss the financial results for the quarters ...

Arbor Realty Trust Schedules Second Quarter 2012 Earnings Date - Marketwatch

UNIONDALE, N.Y., Jul 20, 2012 (GlobeNewswire via COMTEX) -- 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 ...

Arbor Realty Trust Schedules Second Quarter 2012 Earnings Date - MarketWatch (press release)

Arbor Realty Trust Schedules Second Quarter 2012 Earnings DateMarketWatch (press release)UNIONDALE, N.Y., Jul 20, 2012 (GlobeNewswire via COMTEX) -- 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 ...Brandywine Realty Trust Announces Second Quarter Leasing ActivitySacramento BeeGLIMCHER REALTY TRUST : Glimcher Reports Second Quarter 2012 Results4-tradersBrandywine Reports Leasing ActivityInvestorIdeas.com (press release)all 25 news articles »

Brandywine Realty Trust Announces Second Quarter Leasing Activity - The Business Journal

Brandywine 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 ...

InnVest Real Estate Investment Trust Announces Monthly Distribution and Reinstatement of its Distribution Reinvestment Plan - Marketwatch

TORONTO, CANADA, Jul 19, 2012 (MARKETWIRE via COMTEX) -- InnVest Real Estate Investment Trust ("InnVest") (TOR:CA:INN.UN) announced today that a distribution of $0.0333 per unit, payable on August 15, 2012, has been declared to the holders of ...