Tuesday, February 26, 2013

Hong Kong needs clarification of commercial property plans - South China Morning Post

Hong Kong needs clarification of commercial property plans - South China Morning Post

Hong Kong needs clarification of commercial property plans - South China Morning Post

Asia Property ReportHong Kong needs clarification of commercial property plansSouth China Morning PostIn a report following measures in October last year, CBRE highlighted that "while the aim of the latest measures is to curb speculative activity in the residential market, some investors may now turn their attention to commercial property. As such, we ...New cooling measures unveiled in Hong KongAsia Property ReportRICS Bi-Weekly Asia Economic & Real Estate Research: House Prices Likely to ...EIN News (press release)all 65 news articles »

Real estate firm moving to St. Matthews - Business First of Louisville

Real estate firm moving to St. MatthewsBusiness First of LouisvilleLouisville-based Duncan Commercial Real Estate LLC has purchased a St. Matthews building that it plans to use as its offices. An affiliate of the firm closed on a property at 150 Thierman Lane on Feb. 15, according to public records. The purchase price ...

Brickman, DivcoWest Acquire Three Manhattan Office Buildings - Commercial Property Executive (blog)

Commercial Property Executive (blog)Brickman, DivcoWest Acquire Three Manhattan Office BuildingsCommercial Property Executive (blog)San Francisco-based real estate firm DivcoWest has partnered with a private equity firm headed by New York real-estate investor Bruce Brickman to acquire three office buildings in Midtown South from Einstein College at Yeshiva University. Although the ...and more »

Henry S. Miller's Vance Miller Dies - Commercial Property Executive (blog)

Commercial Property Executive (blog)Henry S. Miller's Vance Miller DiesCommercial Property Executive (blog)The accomplishment was followed by HSM's sale in the early 1980s to commercial real estate firm Grubb & Ellis, where Miller sat on the board until 1991, when Miller and his father reacquired HSM. "Vance and I and Robert Grunnah put back together the ...

Seattle's New Skyscraper to Get SLS-Branded Boutique Hotel - Commercial Property Executive (blog)

Seattle's New Skyscraper to Get SLS-Branded Boutique HotelCommercial Property Executive (blog)... of Seattle to fourth position in office sales last year, trailing only the usual suspects of New York, Los Angeles and San Francisco. Amazon, Starbucks and Boeing have had a positive influence on the commercial real estate market, with further ...

Andy Murray becomes 'five star hotelier'

Tennis stars Andy Murray has purchased a £1.8 million hotel in Scotland where his brother Jamie married three years ago.

Tucson real estate: Sales, leases - Arizona Daily Star

Tucson real estate: Sales, leasesArizona Daily StarTMC Holdings Inc. of Tucson bought commercial property at 5375 E. Erickson Drive for $475,000 cash. The seller was TMC Foundation of Tucson. • 25 W. Sahuaro LLC of Tucson bought commercial property at 618 W. Flores Drive from JTM Investments LLC ...

Dems urge Branstad to negotiate on plan to cut business property taxes - Omaha World-Herald

KMAlandDems urge Branstad to negotiate on plan to cut business property taxesOmaha World-HeraldUnder the Democrats' plan, commercial property owners would gradually get a tax credit equivalent to a roughly 40 percent tax cut on their first $324,000 in assessed property value. Democrats said that about 80 percent of the state's 116,900 commercial ...Iowa Senate Democrats: Branstad must compromise on commercial taxesThe Gazette: Eastern Iowa Breaking News and Headlines (blog)Branstad hopes third try is 'charm' on property tax reliefQuad City TimesDemocrats "have a message" for Branstad on property tax reformRadio IowaDesMoinesRegister.com -kwwl.comall 32 news articles »

The Murray-ot? Andy Murray Buys A Dunblane Hotel For $3 Million

Andy Murray is adding some new hobbies in his time off, like Hotel Owner! Murray, who hasn't played since his Australian Open loss to Novak Djokovic last month, is reported to have paid $3 million (USD) for a hotel in his hometown of Dunblane, Scotland.

US banks eye Europe property market - San Francisco Chronicle

US banks eye Europe property marketSan Francisco ChronicleU.S. banks are looking to capitalize on a dearth of financing for Europe's commercial property market that's driven lending margins to five times the level prior to the 2008 crisis. Citigroup, Morgan Stanley, Bank of America and Wells Fargo are ...

Commercial Real Estate Veteran Gene McKnight Establishes FP Commercial - Santa Barbara Independent

Santa Barbara IndependentCommercial Real Estate Veteran Gene McKnight Establishes FP CommercialSanta Barbara IndependentIn collaboration with First Principle, Inc., Gene McKnight has announced the formation of FP Commercial, a boutique real estate brokerage specializing in real estate sales, leasing and investment opportunities.and more »

Andy Murray buys £2 million luxury hotel in Dunblane

Andy Murray buys £2m luxury hotel, complete with 15 guest rooms and a Michelin-starred chef.

Renaissance Washington, DC Downtown Hotel Unveils $30 Million Guest Room Redesign

WASHINGTON, Feb. 25, 2013 /PRNewswire/ -- The Renaissance Washington, DC Downtown Hotel , situated at 999 9 th Street at K Street, NW,  announced today the completion of the redesign of its 807 guest rooms ...

City Center, Angelo Gordon JV Buys 320 KSF Office Space in Minneapolis - Commercial Property Executive

Commercial Property ExecutiveCity Center, Angelo Gordon JV Buys 320 KSF Office Space in MinneapolisCommercial Property ExecutiveCCRP plans to undertake an extensive elevator modernization project for the building, as well as potentially making other building improvements, CCRP president Mark Stefan told Commercial Property Executive. He added, however, that the office building ...and more »

Scottish News: Tennis star snaps up luxury hotel

Tennis ace Andy Murray has bought the £1.8 million luxury hotel where his brother wed three years ago.

Andy Murray buys £1.8m luxury hotel in Scotland

Tennis ace Andy Murray has bought the £1.8 million luxury hotel where his brother wed three years ago.

Andy Murray buys luxury hotel near Dunblane

SCOTTISH tennis superstar Andy Murray has bought the £1.8 million luxury hotel where his brother was married three years ago.

Andy Murray snaps up luxury hotel near Dunblane

Tennis ace Andy Murray has bought the £1.8 million luxury hotel where his brother wed three years ago.

Tennis star snaps up luxury hotel

Tennis ace Andy Murray has bought the £1.8 million luxury hotel where his brother wed three years ago.

+14.68

Attendance was 6.7 million and hotel occupancy was 92%, both company records.

Sens. Kent, Wiger Introduce Bill to Boost Struggling Oakdale Development - Patch.com

Sens. Kent, Wiger Introduce Bill to Boost Struggling Oakdale Development - Patch.com

Sens. Kent, Wiger Introduce Bill to Boost Struggling Oakdale Development - Patch.com

Sens. Kent, Wiger Introduce Bill to Boost Struggling Oakdale DevelopmentPatch.comThe Tartan Crossing redevelopment project currently has a $670,000 funding gap due to a decrease in TIF revenues as well as a list of infrastructure requirements from Washington County. The project's cost is $42.5 million, with $30 million coming from ...

Mall site suit dismissed - Muskego Now

Mall site suit dismissedMuskego NowIn July 2000, he proposed a $20 million development with stores, a restaurant and 60-unit senior housing facility. To help make the redevelopment happen, the city created a special taxing district designed to promote redevelopment. The city offered $2 ...

Pennsylvania Real Estate Investment Trust (PEI) Ex-Dividend Date Scheduled for February 28, 2013

Pennsylvania Real Estate Investment Trust (PEI) Ex-Dividend Date Scheduled for February 28, 2013

NorthWest International Provides Update on Vital Trust December 2012 Half Year Results

TSX-V: MOB.UNTORONTO, Feb. 26, 2013 /CNW/ - NorthWest International Healthcare Properties Real Estate Investment Trust (TSXV: MOB.UN) ("NorthWest International" or the "REIT") is pleased ...

W. P. Carey Announces Fourth Quarter and Year-End 2012 Financial Results

W. P. Carey Inc. , a real estate investment trust , today reported financial results for the fourth quarter and year-ended December 31, 2012.

Notice of HealthLease Properties Real Estate Investment Trust 2012 Fourth Quarter Results Conference Call

Notice of HealthLease Properties Real Estate Investment Trust 2012 Fourth Quarter Results Conference Call

IIROC Trade Resumption / L'OCRCVM permet la reprise de la négociation - IIP.UN (all issues), MRG.UN (all issues)

Trading resumes in / Reprise des négociations pour : Company / Société : InterRent Real Estate Investment Trust...

Macquarie Mexican REIT Announces Fourth Quarter 2012 Earnings Results

Macquarie Mexican REIT , owner of the second largest industrial real estate portfolio in Mexico, announced today its results for the quarter ended December 3

Healthcare Trust of America Interviewed by AZRE -- Arizona Commercial Real Estate Magazine

SCOTTSDALE, Ariz., Feb. 26, 2013 /PRNewswire/ -- On February 25, 2013, AZRE – Arizona Commercial Real Estate Magazine published an interview with Healthcare Trust of America, Inc.'s ("HTA") Chairman ...

Nevada Assembly bill redevelopment agency's life - Las Vegas Review - Journal

Nevada Assembly bill redevelopment agency's lifeLas Vegas Review - JournalBy pushing the expiration date to 2046, the agency would have more time to refinance existing debt, said Bill Arent, director of the redevelopment agency. "We think we could reduce our recurring expenses by $1.5 million annually," he said. "Over time ...

Riviera Beach council to vote on spending $29 million to attract waterfront ... - Palm Beach Post

Riviera Beach council to vote on spending $29 million to attract waterfront ...Palm Beach PostSaying they want to build "the downtown Riviera Beach does not have," supporters of a $250 million plan to revitalize the city's waterfront will bring their proposal Wednesday to the city council and community redevelopment agency for approval. A vote ...and more »

PREIT Reports Fourth Quarter and Full Year 2012 Results

Pennsylvania Real Estate Investment Trust today reported results for the fourth quarter and full year ended December 31, 2012.

Pinole oversight board to consider $11.6 million in redevelopment obligations - Contra Costa Times

Pinole oversight board to consider $11.6 million in redevelopment obligationsContra Costa TimesPINOLE -- The Redevelopment Successor Agency board will meet Wednesday to consider the Recognized Obligation Payment Schedule for the period of July through December 2013. The obligations total about $11.6 million, according to a report by City ...and more »

Monmouth Real Estate Investment Corporation's Michael P. Landy, Chief Operating Officer, Interviewed on CNBC's Mad ...

FREEHOLD, N.J., Feb. 25, 2013 /PRNewswire/ -- Monmouth Real Estate Investment Corporation's (NYSE:MNR) Chief Operating Officer, Michael P. Landy, appeared on CNBC's Mad Money with Jim Cramer on Friday, ...

Alexandria Real Estate Equities, Inc. Announces Sale of Suburban Legacy Assets in Worcester, Massachusetts

PASADENA, Calif., Feb. 25, 2013 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the leading owner, operator, and developer of high-quality, sustainable real estate for the broad and ...

£21.5 million redevelopment of two Tamworth estates discussed at drop-in events - This is Tamworth

This is Tamworth£21.5 million redevelopment of two Tamworth estates discussed at drop-in eventsThis is TamworthALMOST 100 people from the Tinkers Green and Kerria estates went along to two drop-in events last week. The sessions were organised by Tamworth Borough Council to give residents, tenants and leaseholders more information about the £21.5 million ...

Square One Shopping Centre Commences $84 Million Redevelopment Project - Canada NewsWire (press release)

Canada NewsWire (press release)Square One Shopping Centre Commences $84 Million Redevelopment ProjectCanada NewsWire (press release)MISSISSAUGA, ON, Feb. 14, 2013 /CNW/ - Renovations are underway at Square One Shopping Centre, as $84 million is invested into a major renovation of the common areas, food court and shopper amenities. The design vision aims to infuse exciting ...and more »

Las Vegas Sahara casino begins $400 million redevelopment - Honolulu Star-Advertiser

Las Vegas Sahara casino begins $400 million redevelopmentHonolulu Star-AdvertiserLos Angeles-based SBE Entertainment announced Wednesday that it's beginning construction after securing the $400 million needed for the project. The development company says it will reopen the iconic resort that once hosted the likes of Frank Sinatra ...and more »

Governor Patrick announces more than $4 million for downtown Brockton ... - Enterprise News

Governor Patrick announces more than $4 million for downtown Brockton ...Enterprise NewsTrinity Financial is receiving $2.4 million in federal and state Low Income Housing Tax Credits and $1.75 million in Department of Housing and Community Development subsidies to build 71 housing units, with 21 of them restricted as affordable. The ...and more »

Groundbreaking For $10 Million Redevelopment at Friendship Village of South ... - PR Web (press release)

Groundbreaking For $10 Million Redevelopment at Friendship Village of South ...PR Web (press release)On the heels of winning high honors for 'best places to work' in the Pittsburgh area, Friendship Village of South Hills will begin a redevelopment project to help ensure it remains one of the best places to live for area seniors. On Friday, February 8 ...

Monday, February 25, 2013

The Murray-ot? Andy Murray Buys A Dunblane Hotel For $3 Million

The Murray-ot? Andy Murray Buys A Dunblane Hotel For $3 Million

The Murray-ot? Andy Murray Buys A Dunblane Hotel For $3 Million

Andy Murray is adding some new hobbies in his time off, like Hotel Owner! Murray, who hasn't played since his Australian Open loss to Novak Djokovic last month, is reported to have paid $3 million (USD) for a hotel in his hometown of Dunblane, Scotland.

Hoping to seize a towering opportunity by redeveloping One HSBC Center - Buffalo News

WGRZ-TVHoping to seize a towering opportunity by redeveloping One HSBC CenterBuffalo NewsThe mammoth building certainly faces challenges from its size and intimidating structure, as well as a large balloon mortgage, Long acknowledged. But it's also adjacent to more than $500 million in development under way on various projects at Canalside ...One HSBC Tower team promises to 'tell it like it is'Business First of Buffaloall 9 news articles »

Riviera Beach council to vote on spending $29 million to attract waterfront ... - Palm Beach Post

Riviera Beach council to vote on spending $29 million to attract waterfront ...Palm Beach PostSaying they want to build "the downtown Riviera Beach does not have," supporters of a $250 million plan to revitalize the city's waterfront will bring their proposal Wednesday to the city council and community redevelopment agency for approval. A vote ...and more »

Pinole oversight board to consider $11.6 million in redevelopment obligations - Inside Bay Area

Pinole oversight board to consider $11.6 million in redevelopment obligationsInside Bay AreaPINOLE -- The Redevelopment Successor Agency board will meet Wednesday to consider the Recognized Obligation Payment Schedule for the period of July through December 2013. The obligations total about $11.6 million, according to a report by City ...and more »

Bill Introduced to Further Economic Development at Tartan Crossing, Tanners ... - Patch.com

Bill Introduced to Further Economic Development at Tartan Crossing, Tanners ...Patch.comThe Tartan Crossing redevelopment project currently has a $670,000 funding gap due to a decrease in TIF revenues as well as a list of infrastructure requirements from Washington County. The project's cost is $42.5 million, with $30 million coming from ...

Andy Murray buys £2 million luxury hotel in Dunblane

Andy Murray buys £2m luxury hotel, complete with 15 guest rooms and a Michelin-starred chef.

Renaissance Washington, DC Downtown Hotel Unveils $30 Million Guest Room Redesign

WASHINGTON, Feb. 25, 2013 /PRNewswire/ -- The Renaissance Washington, DC Downtown Hotel , situated at 999 9 th Street at K Street, NW,  announced today the completion of the redesign of its 807 guest rooms ...

Scottish News: Tennis star snaps up luxury hotel

Tennis ace Andy Murray has bought the £1.8 million luxury hotel where his brother wed three years ago.

Andy Murray buys £1.8m luxury hotel in Scotland

Tennis ace Andy Murray has bought the £1.8 million luxury hotel where his brother wed three years ago.

Andy Murray buys luxury hotel near Dunblane

SCOTTISH tennis superstar Andy Murray has bought the £1.8 million luxury hotel where his brother was married three years ago.

Andy Murray snaps up luxury hotel near Dunblane

Tennis ace Andy Murray has bought the £1.8 million luxury hotel where his brother wed three years ago.

Tennis star snaps up luxury hotel

Tennis ace Andy Murray has bought the £1.8 million luxury hotel where his brother wed three years ago.

+14.68

Attendance was 6.7 million and hotel occupancy was 92%, both company records.

Covington City Hall moving to make way for hotel

Covington City Hall will soon be moving to make way for a $25 million boutique hotel known as Hotel Covington.

£21.5 million redevelopment of two Tamworth estates discussed at drop-in events - This is Tamworth

This is Tamworth£21.5 million redevelopment of two Tamworth estates discussed at drop-in eventsThis is TamworthALMOST 100 people from the Tinkers Green and Kerria estates went along to two drop-in events last week. The sessions were organised by Tamworth Borough Council to give residents, tenants and leaseholders more information about the £21.5 million ...

Mount Royal Village owner's vision includes major redevelopment - Calgary Herald

Mount Royal Village owner's vision includes major redevelopmentCalgary HeraldCALGARY — A proposed $130-million redevelopment that includes Mount Royal Village and adjacent land is aimed at creating a community retail node in the Beltline and revitalize the area. First Capital Realty Inc., owners of Mount Royal Village, have ...and more »

Square One Shopping Centre Commences $84 Million Redevelopment Project - Canada NewsWire (press release)

Canada NewsWire (press release)Square One Shopping Centre Commences $84 Million Redevelopment ProjectCanada NewsWire (press release)MISSISSAUGA, ON, Feb. 14, 2013 /CNW/ - Renovations are underway at Square One Shopping Centre, as $84 million is invested into a major renovation of the common areas, food court and shopper amenities. The design vision aims to infuse exciting ...and more »

Las Vegas Sahara casino begins $400 million redevelopment - Honolulu Star-Advertiser

Las Vegas Sahara casino begins $400 million redevelopmentHonolulu Star-AdvertiserLos Angeles-based SBE Entertainment announced Wednesday that it's beginning construction after securing the $400 million needed for the project. The development company says it will reopen the iconic resort that once hosted the likes of Frank Sinatra ...and more »

Governor Patrick announces more than $4 million for downtown Brockton ... - Enterprise News

Governor Patrick announces more than $4 million for downtown Brockton ...Enterprise NewsTrinity Financial is receiving $2.4 million in federal and state Low Income Housing Tax Credits and $1.75 million in Department of Housing and Community Development subsidies to build 71 housing units, with 21 of them restricted as affordable. The ...and more »

Groundbreaking For $10 Million Redevelopment at Friendship Village of South ... - PR Web (press release)

Groundbreaking For $10 Million Redevelopment at Friendship Village of South ...PR Web (press release)On the heels of winning high honors for 'best places to work' in the Pittsburgh area, Friendship Village of South Hills will begin a redevelopment project to help ensure it remains one of the best places to live for area seniors. On Friday, February 8 ...

US Banks Targeting Europe Commercial Property - American Banker

US Banks Targeting Europe Commercial Property - American Banker

US Banks Targeting Europe Commercial Property - American Banker

US Banks Targeting Europe Commercial PropertyAmerican BankerCommerzbank AG, Germany's second-biggest lender, is shuttering its Eurohypo unit, Dutch lender SNS Reaal NV is selling its entire 8 billion-euro ($10.5 billion) commercial real estate loan portfolio and Irish Bank Resolution Corp. has been liquidated ...and more »

Real estate mogul Vance C. Miller died - Pegasus News

Real estate mogul Vance C. Miller diedPegasus NewsThe companies that spawned from Henry S. Miller Sr.'s lone office have dealt in billions of dollars in residential and commercial real estate deals over the years, and launched many stellar real estate careers. In commercial, there's (among others ...Real estate leader Vance Miller dies at age 79Dallas Business Journal (blog)all 2 news articles »

Top-producing Downtown Los Angeles team joins Avison Young

Transformational hiring of seven-member team furthers Avison Young's rapidly growing Southern California market prominence;Ted Simpson, Jacob Bobek, Scott Steuber join as PrincipalsLOS ANGELES, CA, Feb. ...

Commercial real estate: all sectors now recovering - AGBeat

Commercial real estate: all sectors now recoveringAGBeatAccording to the National Association of Realtors' Commercial Real Estate Outlook released this morning, the commercial real estate sector is recovering, albeit slowly, which they say is due to gradual economic improvement and job creation which drives ...Commercial Real Estate Sectors Steadily ImproveRealEstateRama (press release)all 2 news articles »

New York, NY - SRS Real Estate brokers four leases to The Sleep Number Store ... - New York Real Estate Journal Online

New York, NY - SRS Real Estate brokers four leases to The Sleep Number Store ...New York Real Estate Journal OnlineNew York, NY SRS Real Estate Partners announces that Select Comfort Corporation (dba The Sleep Number Store) has leased four new locations in the Metro-New York City Region totaling 19,229 s/f. Select Comfort designs, manufactures, markets and ...

Quincy, MA - Washington Trust provides $4.2 million commercial loan to ... - New England Real Estate Journal Online

Quincy, MA - Washington Trust provides $4.2 million commercial loan to ...New England Real Estate Journal OnlineQuincy,Ma Washington Trust's commercial real estate group recently provided a $4.2 million commercial mortgage to Parkingway Acquisitions, LLC for the purchase of a multi-use property located at 150-152 Parkingway/31 Hancock Court. The two-building ...

Pittsfield, NH - Litchfield of Concord Commercial Real Estate brokers $180000 ... - New England Real Estate Journal Online

Pittsfield, NH - Litchfield of Concord Commercial Real Estate brokers $180000 ...New England Real Estate Journal OnlinePittsfield, NH Brenda Litchfield of Concord Commercial Real Estate represented the seller, Phoenix Syndicated Properties, LLC, in the recent sale at 32 Broadway St. The 15,900 s/f industrial building was sold for $180,000. The buyer, Cheticamp Holdings ...

Sensex, Nifty ends flatâ¦Carnage in Mid, Small-cap stocks

Finally, BSE Sensex closed at 19331, up 14 points over the previous close. It had earlier touched a day's high of 19411 and a day's low of 19237. It opened at 19365.

Colliers International: Investors have moderate interest in Ukraine commercial ... - Kyiv Post

Kyiv PostColliers International: Investors have moderate interest in Ukraine commercial ...Kyiv PostAccording to the document, the total size of investment in commercial real estate in Ukraine in 2012 came to some $600 million (investment deals, not taking into account the acquisition of assets for own needs and land purchases), which is the highest ...and more »

Business owners take advantage of low prices, rates to buy property

Wareham business owner Aaron Bates has been leasing space on County Road since he opened his tire business in late 2008.

Wirtz Beverage says no to Bloomington, yes to Lexington

BLOOMINGTON — Wirtz Beverage Illinois plans to build a nearly $8 million warehouse and distribution center in Lexington rather than on Bloomington's west side.

Prominent San Jose office tower sold

The 160 West Santa Clara building has been sold for $56.5 million to a group led by developer DiNapoli Capital and investment firm Angelo, Gordon.

Fresno's commercial real estate industry sees boost - ABC30.com

ABC30.comFresno's commercial real estate industry sees boostABC30.comThe sight of tractors moving dirt is a sign the commercial real estate market is starting to move in the right direction. Ground has broken on a 96,000 square foot distribution warehouse in south Fresno. Ethan Smith of Grubb & Ellis Pearson Commercial ...

Commercial Real Estate Forecast Update: 2013-2014 - Forbes

ForbesCommercial Real Estate Forecast Update: 2013-2014ForbesCommercial real estate continues to improve at a moderate pace, much in line with our previous forecast update from six months ago. The office market enjoyed "11 consecutive quarters of occupancy growth and eight straight quarters of rent increases," ...and more »

Cooper Square Realty Chosen to Manage St. Tropez Condominium

Luxury Building was First Condominium in ManhattanNew York, NY (PRWEB) February 20, 2013 Cooper Square Realty, the New York subsidiary of FirstService Residential Management, has been selected to manage the St. Tropez Condominium, a 34-story luxury high rise located in the Lenox Hill neighborhood in Manhattan.Opened in 1964, the 301 unit building at 340 East 64th Street was the first residential ...

Lexington commercial real estate market improving, report says - Lexington Herald Leader

Lexington Herald LeaderLexington commercial real estate market improving, report saysLexington Herald LeaderA semi-annual analysis of commercial real estate shows that commercial vacancy rates in all categories declined in the past six months. Lexington Herald-LeaderBuy Photo. Other Related Content: File: View NAI Isaac's report on commercial real estate ...

-317.39

Finally, BSE Sensex closed 19497, down 111 points over the previous close. It had earlier touched a day's high of 19639 and a day's low of 19444. It opened at 19626.

Xander's Masterstrokes in a Slumping Market

  With his realty fund and his conviction to back it, Sid Yog has bucked the slump Read more

KKR Entering Outlet Business With $131.5 Million Purchase

KKR & Co. is entering the outlet- center business with an agreement to buy Legends Outlets Kansas City for $131.5 million, gaining a retail property in a popular tourism district for less than replacement cost.

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

Sunday, February 24, 2013

Tax Breaks Spur Record UK Offshore Oil & Gas Spend - Fox Business

Tax Breaks Spur Record UK Offshore Oil & Gas Spend - Fox Business

Tax Breaks Spur Record UK Offshore Oil & Gas Spend - Fox Business

Tax Breaks Spur Record UK Offshore Oil & Gas SpendFox BusinessThe higher investment in new projects, both small and large, as well as redevelopment of older fields, will help bring another 500,000 barrels of oil equivalent a day onstream by 2017, taking output up to around 2 million barrels of oil and gas a day ...and more »

Campbelltown Council to build cafe in its library despite having no tenant - Herald Sun

Campbelltown Council to build cafe in its library despite having no tenantHerald Sun"We have a surplus of this funding, but we have to spend the full amount." Plans for a cafe were first flagged in March last year. The library had a $9 million redevelopment in 2010. For more news on the east, pick up a copy of the East Torrens ...and more »

Vic abattoir expansion to create 800 jobs - Ninemsn

Vic abattoir expansion to create 800 jobsNinemsnREAD: Most terrifying plunges caught on video. O'Connors is planning a $315-million redevelopment at its Pakenham facility southeast of Melbourne. Planning Minister Matthew Guy says the state government has amended the local planning scheme to allow ...and more »

Business owners take advantage of low prices, rates to buy property

Wareham business owner Aaron Bates has been leasing space on County Road since he opened his tire business in late 2008.

Wirtz Beverage says no to Bloomington, yes to Lexington

BLOOMINGTON — Wirtz Beverage Illinois plans to build a nearly $8 million warehouse and distribution center in Lexington rather than on Bloomington's west side.

£21.5 million redevelopment of two Tamworth estates discussed at drop-in events - This is Tamworth

This is Tamworth£21.5 million redevelopment of two Tamworth estates discussed at drop-in eventsThis is TamworthALMOST 100 people from the Tinkers Green and Kerria estates went along to two drop-in events last week. The sessions were organised by Tamworth Borough Council to give residents, tenants and leaseholders more information about the £21.5 million ...

Prominent San Jose office tower sold

The 160 West Santa Clara building has been sold for $56.5 million to a group led by developer DiNapoli Capital and investment firm Angelo, Gordon.

Mount Royal Village owner's vision includes major redevelopment - Calgary Herald

Mount Royal Village owner's vision includes major redevelopmentCalgary HeraldCALGARY — A proposed $130-million redevelopment that includes Mount Royal Village and adjacent land is aimed at creating a community retail node in the Beltline and revitalize the area. First Capital Realty Inc., owners of Mount Royal Village, have ...and more »

Cooper Square Realty Chosen to Manage St. Tropez Condominium

Luxury Building was First Condominium in ManhattanNew York, NY (PRWEB) February 20, 2013 Cooper Square Realty, the New York subsidiary of FirstService Residential Management, has been selected to manage the St. Tropez Condominium, a 34-story luxury high rise located in the Lenox Hill neighborhood in Manhattan.Opened in 1964, the 301 unit building at 340 East 64th Street was the first residential ...

City of Memphis seeks new Fairgrounds development partner - Memphis Business Journal

City of Memphis seeks new Fairgrounds development partnerMemphis Business JournalToday, project leader Robert Lipscomb revealed the city would seek a request for qualifications to develop the retail, commercial and housing component of the estimated $150 million redevelopment. The retail, commercial and housing component is ...and more »

Square One Shopping Centre Commences $84 Million Redevelopment Project - Canada NewsWire (press release)

Canada NewsWire (press release)Square One Shopping Centre Commences $84 Million Redevelopment ProjectCanada NewsWire (press release)MISSISSAUGA, ON, Feb. 14, 2013 /CNW/ - Renovations are underway at Square One Shopping Centre, as $84 million is invested into a major renovation of the common areas, food court and shopper amenities. The design vision aims to infuse exciting ...and more »

Whole Foods Market To Open First Cherry Hill Township Location At Ellisburg Circle Shopping Center

CHERRY HILL, N.J., Feb. 14, 2013 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) announced today that Whole Foods Market (NASDAQ: WFM), the world's leading natural and organic supermarket and ...

-317.39

Finally, BSE Sensex closed 19497, down 111 points over the previous close. It had earlier touched a day's high of 19639 and a day's low of 19444. It opened at 19626.

Las Vegas Sahara casino begins $400 million redevelopment - Honolulu Star-Advertiser

Las Vegas Sahara casino begins $400 million redevelopmentHonolulu Star-AdvertiserLos Angeles-based SBE Entertainment announced Wednesday that it's beginning construction after securing the $400 million needed for the project. The development company says it will reopen the iconic resort that once hosted the likes of Frank Sinatra ...and more »

Xander's Masterstrokes in a Slumping Market

  With his realty fund and his conviction to back it, Sid Yog has bucked the slump Read more

KKR Entering Outlet Business With $131.5 Million Purchase

KKR & Co. is entering the outlet- center business with an agreement to buy Legends Outlets Kansas City for $131.5 million, gaining a retail property in a popular tourism district for less than replacement cost.

Governor Patrick announces more than $4 million for downtown Brockton ... - Enterprise News

GoLocal WorcesterGovernor Patrick announces more than $4 million for downtown Brockton ...Enterprise NewsTrinity Financial is receiving $2.4 million in federal and state Low Income Housing Tax Credits and $1.75 million in Department of Housing and Community Development subsidies to build 71 housing units, with 21 of them restricted as affordable. The ...Murray Announced $67 Million to Construct Over a Thousand Housing Units ...LoanSafeall 11 news articles »

Weak GDP estimates pull Nifty below 5950

Finally, BSE Sensex closed at 19580, down 59 points over the previous close. It had earlier touched a day's high of 19702 and a day's low of 19540. It opened at 19589.

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

Groundbreaking For $10 Million Redevelopment at Friendship Village of South ... - PR Web (press release)

Groundbreaking For $10 Million Redevelopment at Friendship Village of South ...PR Web (press release)On the heels of winning high honors for 'best places to work' in the Pittsburgh area, Friendship Village of South Hills will begin a redevelopment project to help ensure it remains one of the best places to live for area seniors. On Friday, February 8 ...

Is It Safe to Sell Your House Now? - Wall Street Journal

Is It Safe to Sell Your House Now? - Wall Street Journal

Is It Safe to Sell Your House Now? - Wall Street Journal

Wall Street JournalIs It Safe to Sell Your House Now?Wall Street JournalOne big reason: The number of existing homes on the market dropped to 1.74 million in January, down 25% from a year earlier and the lowest level since December 1999, according to the National Association of Realtors. Houses are also selling faster. The ...and more »

H&M, Starbucks top of the foreign chain list - Business Standard

Business StandardH&M, Starbucks top of the foreign chain listBusiness StandardStarbucks, Hennes & Mauritz (H&M), Hamleys, Lacoste and Gron Stockholm are among the foreign chains set to be active in the Indian retail real estate space this year, according to market intelligence. Swedish furniture company, IKEA, too will scout for ...

London Bay Homes starts construction of Capriano villa model at Mediterra - Naples Daily News

London Bay Homes starts construction of Capriano villa model at MediterraNaples Daily NewsThe two-story Capriano is designed around an open great room/kitchen floor plan with rooms oriented to al fresco areas, including an interior courtyard. The home has a library/retreat and game room within 5,974 total square feet, including a two-car ...

Open for business: Despite vacancies, Cherry Hill draws new ventures - Cherry Hill Courier Post

Open for business: Despite vacancies, Cherry Hill draws new venturesCherry Hill Courier PostThe $1.7 million project revitalized a site that had been vacant for nearly four years. Farmers Insurance settled into a premium site in the former Garden State Park, which ... Joe Riggs of Prudential Fox & Roach Realtors recently brokered a deal to ...and more »

Business owners take advantage of low prices, rates to buy property

Wareham business owner Aaron Bates has been leasing space on County Road since he opened his tire business in late 2008.

New life for the Lake Erie Residential Community - Evening Observer

Evening ObserverNew life for the Lake Erie Residential CommunityEvening ObserverWith a $2.9 million starting investment and a series of improvements yet to come, the Lake Erie Residential Community was officially opened with a ribbon cutting Tuesday, Feb. 11. The former McClenathan's Mobile Home ... storage barn rehabilitation ...

Business owners take advantage of low prices, rates to buy property - New England Business Bulletin

Business owners take advantage of low prices, rates to buy propertyNew England Business BulletinWareham business owner Aaron Bates has been leasing space on County Road since he opened his tire business in late 2008. Started as a joint ... Ratiu said real estate data is typically tracked for property sales of $2.5 million and above. But most NAR ...and more »

For Many, 2013 Will Be the Year to Finally Buy a Home - Wall Street Journal

For Many, 2013 Will Be the Year to Finally Buy a HomeWall Street JournalReal estate is local, of course. Inventories aren't as tight in Michigan and Ohio, for example, where many distressed homes are on the market, or in Oklahoma, where the market is more stable. But buyers may find their choices limited in parts of ...

Top Local Business Stories of the Week - Austin American-Statesman

Top Local Business Stories of the WeekAustin American-StatesmanNetSpend's operations will remain in Austin, and the company's locations in Atlanta and San Mateo, Calif., will remain open. NetSpend — which raised $204 million in an initial public offering in 2010 — will become a wholly owned subsidiary of TSYS ...and more »

White Sandy Beach Included in $1.65 Million North Shore Home - Patch.com

White Sandy Beach Included in $1.65 Million North Shore HomePatch.comBuilt in 1964, this home has an asking price of $1.65 million, and is being offered by the Powers Realty Group. To schedule a showing, call Suzanne Powers at (414) 870-7175. Related Topics: Homes for sale, Real Estate, Shorewood real estate, and wow ...

Staenberg fires back in messy breakup with Kroenke

Suit between longtime partners gets increasingly personal

Wirtz Beverage says no to Bloomington, yes to Lexington

BLOOMINGTON — Wirtz Beverage Illinois plans to build a nearly $8 million warehouse and distribution center in Lexington rather than on Bloomington's west side.

Open Houses: Million-Dollar Colonial & More - Patch.com

Open Houses: Million-Dollar Colonial & MorePatch.comList Price: $1,199,000; Listing Agency: Douglas Elliman Real Estate; Style: Colonial; 11 Rooms, 5 Bedrooms, 3 Bathrooms; Open House: Feb. 23, 2:30 - 4:30 p.m.. 11 Marions Ln., Fort Salonga. List Price: $995,000; Listing Agency: Douglas Elliman Real ...

Prominent San Jose office tower sold

The 160 West Santa Clara building has been sold for $56.5 million to a group led by developer DiNapoli Capital and investment firm Angelo, Gordon.

1928 commercial building in Beverly Hills fetches $11.75 million

Now known as the Marian Building, it was erected on Little Santa Monica Boulevard by movie mogul Jack Warner to house the Beverly Hills Chamber of Commerce. An 85-year-old Beverly Hills building erected in the golden age of Hollywood by movie mogul Jack Warner has been sold for $11.75 million to a local investor.

Cooper Square Realty Chosen to Manage St. Tropez Condominium

Luxury Building was First Condominium in ManhattanNew York, NY (PRWEB) February 20, 2013 Cooper Square Realty, the New York subsidiary of FirstService Residential Management, has been selected to manage the St. Tropez Condominium, a 34-story luxury high rise located in the Lenox Hill neighborhood in Manhattan.Opened in 1964, the 301 unit building at 340 East 64th Street was the first residential ...

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Finally, BSE Sensex closed 19497, down 111 points over the previous close. It had earlier touched a day's high of 19639 and a day's low of 19444. It opened at 19626.

Xander's Masterstrokes in a Slumping Market

  With his realty fund and his conviction to back it, Sid Yog has bucked the slump Read more

KKR Entering Outlet Business With $131.5 Million Purchase

KKR & Co. is entering the outlet- center business with an agreement to buy Legends Outlets Kansas City for $131.5 million, gaining a retail property in a popular tourism district for less than replacement cost.

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

Saturday, February 23, 2013

Off Beat: Money gap at Gauche Aquatic Park? - Appeal-Democrat

Off Beat: Money gap at Gauche Aquatic Park? - Appeal-Democrat

Off Beat: Money gap at Gauche Aquatic Park? - Appeal-Democrat

Off Beat: Money gap at Gauche Aquatic Park?Appeal-DemocratAnd over the remaining life of the debt obligation, it's $3.5 million in interest and $5.6 million in principal, or $9.1 million. Yuba City is "exploring all options available for obtaining authorization and approval to continue using redevelopment ...

How Tigers club development has split a suburb - The Australian

How Tigers club development has split a suburbThe AustralianOthers, like newsagent John Davis, believes the $217 million building - with 304 apartments and 20,000sq m of office space - would clean up the area and turn it into a commercial hub. "It'll stop people coming into the main strip," owner of the Queen ...and more »

BRA Approves $200 Million Residential Tower in the West End - Commercial Property Executive (blog)

BRA Approves $200 Million Residential Tower in the West EndCommercial Property Executive (blog)Though the BRA voted in favor, the development had to be put on hold because of economic conditions, according to the Boston Herald. Under the revised plans, the $200 million Nashua Street Residences will total 636,551 square feet of space and will ...

Staenberg fires back in messy breakup with Kroenke

Suit between longtime partners gets increasingly personal

Wirtz Beverage says no to Bloomington, yes to Lexington

BLOOMINGTON — Wirtz Beverage Illinois plans to build a nearly $8 million warehouse and distribution center in Lexington rather than on Bloomington's west side.

£21.5 million redevelopment of two Tamworth estates discussed at drop-in events - This is Tamworth

This is Tamworth£21.5 million redevelopment of two Tamworth estates discussed at drop-in eventsThis is TamworthALMOST 100 people from the Tinkers Green and Kerria estates went along to two drop-in events last week. The sessions were organised by Tamworth Borough Council to give residents, tenants and leaseholders more information about the £21.5 million ...

Prominent San Jose office tower sold

The 160 West Santa Clara building has been sold for $56.5 million to a group led by developer DiNapoli Capital and investment firm Angelo, Gordon.

Mount Royal Village owner's vision includes major redevelopment - Calgary Herald

Mount Royal Village owner's vision includes major redevelopmentCalgary HeraldCALGARY — A proposed $130-million redevelopment that includes Mount Royal Village and adjacent land is aimed at creating a community retail node in the Beltline and revitalize the area. First Capital Realty Inc., owners of Mount Royal Village, have ...and more »

1928 commercial building in Beverly Hills fetches $11.75 million

Now known as the Marian Building, it was erected on Little Santa Monica Boulevard by movie mogul Jack Warner to house the Beverly Hills Chamber of Commerce. An 85-year-old Beverly Hills building erected in the golden age of Hollywood by movie mogul Jack Warner has been sold for $11.75 million to a local investor.

Cooper Square Realty Chosen to Manage St. Tropez Condominium

Luxury Building was First Condominium in ManhattanNew York, NY (PRWEB) February 20, 2013 Cooper Square Realty, the New York subsidiary of FirstService Residential Management, has been selected to manage the St. Tropez Condominium, a 34-story luxury high rise located in the Lenox Hill neighborhood in Manhattan.Opened in 1964, the 301 unit building at 340 East 64th Street was the first residential ...

City of Memphis seeks new Fairgrounds development partner - Memphis Business Journal

City of Memphis seeks new Fairgrounds development partnerMemphis Business JournalToday, project leader Robert Lipscomb revealed the city would seek a request for qualifications to develop the retail, commercial and housing component of the estimated $150 million redevelopment. The retail, commercial and housing component is ...and more »

Square One Shopping Centre Commences $84 Million Redevelopment Project - Canada NewsWire (press release)

Canada NewsWire (press release)Square One Shopping Centre Commences $84 Million Redevelopment ProjectCanada NewsWire (press release)MISSISSAUGA, ON, Feb. 14, 2013 /CNW/ - Renovations are underway at Square One Shopping Centre, as $84 million is invested into a major renovation of the common areas, food court and shopper amenities. The design vision aims to infuse exciting ...and more »

Whole Foods Market To Open First Cherry Hill Township Location At Ellisburg Circle Shopping Center

CHERRY HILL, N.J., Feb. 14, 2013 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) announced today that Whole Foods Market (NASDAQ: WFM), the world's leading natural and organic supermarket and ...

-317.39

Finally, BSE Sensex closed 19497, down 111 points over the previous close. It had earlier touched a day's high of 19639 and a day's low of 19444. It opened at 19626.

Las Vegas Sahara casino begins $400 million redevelopment - Honolulu Star-Advertiser

Las Vegas Sahara casino begins $400 million redevelopmentHonolulu Star-AdvertiserLos Angeles-based SBE Entertainment announced Wednesday that it's beginning construction after securing the $400 million needed for the project. The development company says it will reopen the iconic resort that once hosted the likes of Frank Sinatra ...and more »

Xander's Masterstrokes in a Slumping Market

  With his realty fund and his conviction to back it, Sid Yog has bucked the slump Read more

KKR Entering Outlet Business With $131.5 Million Purchase

KKR & Co. is entering the outlet- center business with an agreement to buy Legends Outlets Kansas City for $131.5 million, gaining a retail property in a popular tourism district for less than replacement cost.

Governor Patrick announces more than $4 million for downtown Brockton ... - Enterprise News

GoLocal WorcesterGovernor Patrick announces more than $4 million for downtown Brockton ...Enterprise NewsTrinity Financial is receiving $2.4 million in federal and state Low Income Housing Tax Credits and $1.75 million in Department of Housing and Community Development subsidies to build 71 housing units, with 21 of them restricted as affordable. The ...Murray Announced $67 Million to Construct Over a Thousand Housing Units ...LoanSafeall 11 news articles »

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

Groundbreaking For $10 Million Redevelopment at Friendship Village of South ... - PR Web (press release)

Groundbreaking For $10 Million Redevelopment at Friendship Village of South ...PR Web (press release)On the heels of winning high honors for 'best places to work' in the Pittsburgh area, Friendship Village of South Hills will begin a redevelopment project to help ensure it remains one of the best places to live for area seniors. On Friday, February 8 ...