Saturday, March 2, 2013

Quincy redevelopment project drawing attention from afar - The Patriot Ledger

Quincy redevelopment project drawing attention from afar - The Patriot Ledger

Quincy redevelopment project drawing attention from afar - The Patriot Ledger

Quincy redevelopment project drawing attention from afarThe Patriot LedgerThe project, which will see the creation of 3.5 million square feet of business, retail and residential space in Quincy Center during the next seven years, has been picked up on the radar of experts in development and urban planning circles – experts ...Millions from outside Massachusetts committed to Quincy Center projectEnterprise Newsall 3 news articles »

Longmont city officials: Mall owner and Dillard's still talking - The Daily Camera

Longmont city officials: Mall owner and Dillard's still talkingThe Daily CameraThe city is contributing $27.5 million of the estimated $80 million redevelopment project; the city's bonds will be repaid by the additional sales and property tax the mall generates and by a mill levy the mall will place on itself. An agreement ...Mall negotiations continue past deadlineBoulder County Business Reportall 2 news articles »

RIVERSIDE: City sues state over redevelopment debt - Press-Enterprise

Press-EnterpriseRIVERSIDE: City sues state over redevelopment debtPress-EnterpriseAfter months of limbo over $32.1 million in former redevelopment debt, Riverside officials have sued to try to resolve their dispute with the state. The disagreement has delayed the city's plans for a railroad "quiet zone" that would silence train ...

24 Hour Fitness plans new stores in Fremont and Hayward

San Ramon-based 24 Hour Fitness is launching new stores in Fremont and Hayward as part of a $25 million expansion that will create hundreds of new jobs in the Bay Area this year, according to the personal health company, which opened fitness clubs in Walnut Creek in January and Livermore in December

Auction date set for PFG office building

CEDAR FALLS, Iowa --- The former headquarters of the now-defunct Peregrine Financial Group Inc. is going on the auction block May 31, the receiver in PFG's Chapter 7 bankruptcy case announced Thursday.

Grant Funds Aid in the Much-Anticipated Restoration of Hotel Clovis

CLOVIS, N.M. -- The historic downtown Hotel Clovis once again breathes life thanks in part to a $420,000 Affordable Housing Program (AHP) grant awarded by Wells Fargo Bank and the Federal Home Loan Bank ...

The Howard Hughes Corporation Reports Fourth Quarter and Full Year 2012 ... - Business Wire (press release)

Wrestling Inc.The Howard Hughes Corporation Reports Fourth Quarter and Full Year 2012 ...Business Wire (press release)On February 8, 2013, we closed a $95.0 million financing for the redevelopment of The Woodlands Resort and Conference Center. The loan refinanced a $36.1 million mortgage and will provide a majority of the capital for the $75.0 million redevelopment.Agree Realty Corporation Reports Operating Results For The Fourth Quarter ...Daily Markets (press release)all 100 news articles »

Minister backs campus redevelopment - Belfast Telegraph

Minister backs campus redevelopmentBelfast Telegraph... Print; Font Size. Alex Attwood backed plans for a redevelopment of the University of Ulster's Belfast campus. 01 March 2013. A £250 million redevelopment of the University of Ulster's Belfast campus has been given the green light by the planning ...and more »

CoStar's People of Note (Feb. 24-March 2)

This week's People of Note includes the following markets: Dallas, Long Island, Los Angeles, National, New York City and Washington, DC. LOS ANGELES Seven-Member Office Team Joins Avison Young in Downtown L.A. By Randyl Drummer Avison Young's newly opened office in downtown Los Angeles has received a major infusion of talent, bringing aboard a seven-member office brokerage team. Ted Simpson ...

Biz buzz

Fremont and Hayward to get 24 Hour Fitness San Ramon-based 24 Hour Fitness is launching new stores in Fremont and Hayward as part of a $25 million expansion that will create hundreds of new jobs in the Bay Area this year, the personal health company said Thursday.

Universal Health Realty Income Trust Reports 2012 Fourth Quarter And Full Year Financial Results

KING OF PRUSSIA, Pa., Feb. 27, 2013 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE: UHT) announced today that for the three-month period ended December 31, 2012, reported net income was $4.5 ...

Agree Realty Corporation Reports Operating Results for the Fourth Quarter and Full Year 2012

FARMINGTON HILLS, Mich., Feb. 27, 2013 /PRNewswire/ -- Fourth Quarter and Full Year Financial and Operating Results:Increased funds from operations for the quarter by 27%, and 6% year over yearIncreased ...

-316.55

There is a strong rationale to protect and boost the housing sector where their own assessments show that there is a current shortfall of 18.78 million units in urban India.

California Company Buys Former Quebecor Facility

An affiliate of Downey, Calif.-based Industrial Realty Group LLC has paid $2.7 million for the former Quebecor World Inc. warehouse at 828 E. Holmes R...

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 »

£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 ...

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 ...

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 »

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 ...

Friday, March 1, 2013

Genesis Capital: Will Sequestration Affect Commercial Real Estate Improvement? - PR Web (press release)

Genesis Capital: Will Sequestration Affect Commercial Real Estate Improvement? - PR Web (press release)

Genesis Capital: Will Sequestration Affect Commercial Real Estate Improvement? - PR Web (press release)

PR Web (press release)Genesis Capital: Will Sequestration Affect Commercial Real Estate Improvement?PR Web (press release)Are some commercial real estate markets improving? Will sequestration affect commercial real estate recovery? "Increased commercial activity has been strong in the multifamily sector, but now it appears to be spreading to some other commercial sectors ...Property investors need to separate 'wheat from chaff', says SLI's Anne BreenInvestment Europeall 3 news articles »

Apollo Commercial Real Estate Finance, Inc. Announces New Record Date for First Quarter Common Share Dividend

Apollo Commercial Real Estate Finance, Inc. today announced the record date for the first quarter common share dividend will be March 28, 2013. The Company had previously announced the record date would ...

PMR Companies owner forms commercial real estate brokerage - Business First of Louisville

PMR Companies owner forms commercial real estate brokerageBusiness First of LouisvilleLouisville-based PMR Companies manages 8,000 apartment units in Kentucky, Indiana, Texas and Missouri. It also conducts due diligence services for people who want to buy apartment complexes and acts as a receiver for commercial properties in financial ...

First Industrial Realty Trust to Participate in Citi's 2013 Global Property CEO Conference

CHICAGO, March 1, 2013 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading owner and operator of industrial real estate and provider of supply chain solutions, today announced that ...

Inovalis Real Estate Investment Trust Files Preliminary Prospectus for Initial Public Offering

Inovalis Real Estate Investment Trust Files Preliminary Prospectus for Initial Public Offering

Wells REIT II Changes its Name to Columbia Property Trust

Wells Real Estate Investment Trust II, Inc. today announced that it has changed its name to Columbia Property Trust, Inc. and internalized its management. The newly

High-Profile I.M. Pei Apartment Community Slated for Renovation - Commercial Property Executive (blog)

High-Profile I.M. Pei Apartment Community Slated for RenovationCommercial Property Executive (blog)"We're focused on multifamily assets in urban and infill locations, in addition to commercial properties in cities that have high concentrations of intellectual capital, strong fundamentals and strong growth prospects," Faros Properties managing ...

CapLease To Present at the Citi 2013 Global Property CEO Conference

CapLease, Inc. , a real estate investment trust focused on owning and managing single-tenant commercial real estate properties, today announced that Mr. Paul McDo

Atterbury Develops Largest Commercial Property - AllAfrica.com

Atterbury Develops Largest Commercial PropertyAllAfrica.comAtterbury, a South African property investment and development company will develop Namibia's largest single commercial property, the 54,000sqm Mall of Namibia- The Grove in Windhoek, with Demashuwa Properties and Safland Property Group.and more »

Dear Monty: Buying commercial property for use as personal storage - Green Bay Press Gazette

Dear Monty: Buying commercial property for use as personal storageGreen Bay Press GazetteQ I am buying a commercially zoned property for personal use. I will be storing personal items and not operating a business. The value of the property is $35,000. Will I be required to get a commercial mortgage? Also, would I be required to carry ...

Commercial property taxes: reform first - Iowa City Press Citizen

KCRGCommercial property taxes: reform firstIowa City Press CitizenThe annual debate about commercial property taxes in Iowa is under way, and once again the discussion ignores the larger picture — that overall business taxes in Iowa are below average among states — and fails to consider reforms that should be ...Iowa Senate committee votes for commercial property tax reliefSioux City JournalLittle change in legislative debate on property-tax relief; March 4 public ...Iowa Farmer TodayThe Taylor Report by Sen. Rich TaylorFairfield Ledger (subscription)all 14 news articles »

Iowa Senate committee approves proposal to cut commercial property taxes - Omaha World-Herald

Radio IowaIowa Senate committee approves proposal to cut commercial property taxesOmaha World-HeraldUnder the 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 their plan would help small businesses more than the governor's plan.Democrats' commercial property tax credit proposal advances (AUDIO)Radio IowaIowa Senate committee OKs $250 million plan to cut commercial property taxesDesMoinesRegister.comIowa Senate panel approves commercial property tax proposal that differs from ...The Republicall 90 news articles »

Vacant commercial property becomes quirky, cozy home - The GA Voice

The GA VoiceVacant commercial property becomes quirky, cozy homeThe GA VoiceLocated near the corner of Boulevard and Memorial Drive, a small blue building with a beveled glass front window and "The Livery" painted over the front door is a splash of gentrification in a stretch of road most have given up on. Right at the cusp of ...

Morguard Real Estate Investment Trust announces 2012 annual results

TSX: MRT.UNMISSISSAUGA, ON, Feb. 28, 2013 /CNW/ - Morguard Real Estate Investment Trust ("the Trust") (TSX: MRT.UN) today is pleased to report 2012 annual operating results. These results have ...

Apollo Commercial Real Estate Finance Management Discusses Q4 2012 ... - Seeking Alpha

Apollo Commercial Real Estate Finance Management Discusses Q4 2012 ...Seeking AlphaThe commercial real estate sector regained its footing in 2012, the year in which we saw a strengthening CMBS market and improving operating fundamentals across the industry. Transaction volume for commercial real estate sales in 2012 reached $147 ...and more »

Bank of China Makes Larger Push Into US Commercial Real Estate - Fox Business

Bank of China Makes Larger Push Into US Commercial Real EstateFox BusinessBank of China had $3.7 billion in commercial property loans outstanding in its U.S. branches as of the fourth quarter, according to data provider Trepp LLC, almost four times the level in the same period of 2009. That makes it the No. 3 foreign ...and more »

BTB Real Estate Investment Trust announces closing of over-allotment option on bought deal

BTB Real Estate Investment Trust announces closing of over-allotment option on bought deal

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

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

Investors Real Estate Trust Announces 3rd Quarter Fiscal 2013 Earnings Conference Call

MINOT, N.D. -- Investors Real Estate Trust has scheduled a conference call for Wednesday, March 13, 2013 at 9:00 a.m. Central Time, to discuss the Company's third quarter fiscal year 2013 financial and ...

Spirit Realty Capital, Inc. Announces Fourth Quarter and Full Year 2012 Operating Results

Spirit Realty Capital, Inc. , a real estate investment trust that invests in single-tenant, operationally essential real estate, today announced results for the fourth q

The Howard Hughes Corporation Reports Fourth Quarter and Full Year 2012 ... - Business Wire (press release)

The Howard Hughes Corporation Reports Fourth Quarter and Full Year 2012 ... - Business Wire (press release)

The Howard Hughes Corporation Reports Fourth Quarter and Full Year 2012 ... - Business Wire (press release)

Wrestling Inc.The Howard Hughes Corporation Reports Fourth Quarter and Full Year 2012 ...Business Wire (press release)On February 8, 2013, we closed a $95.0 million financing for the redevelopment of The Woodlands Resort and Conference Center. The loan refinanced a $36.1 million mortgage and will provide a majority of the capital for the $75.0 million redevelopment.Agree Realty Corporation Reports Operating Results for the Fourth Quarter and ...Sacramento Beeall 88 news articles »

Minister backs campus redevelopment - Irish Independent

Minister backs campus redevelopmentIrish Independent... Print; Font Size. Alex Attwood backed plans for a redevelopment of the University of Ulster's Belfast campus. 01 March 2013. A £250 million redevelopment of the University of Ulster's Belfast campus has been given the green light by the planning ...and more »

CoStar's People of Note (Feb. 24-March 2)

This week's People of Note includes the following markets: Dallas, Long Island, Los Angeles, National, New York City and Washington, DC. LOS ANGELES Seven-Member Office Team Joins Avison Young in Downtown L.A. By Randyl Drummer Avison Young's newly opened office in downtown Los Angeles has received a major infusion of talent, bringing aboard a seven-member office brokerage team. Ted Simpson ...

Reliance on casino revenue is risky - Eagle-Tribune

Reliance on casino revenue is riskyEagle-TribuneThe company is planning a $450 million redevelopment, and is projecting 2,000 construction jobs and 1,300 gaming jobs. Gambling problems could offset revenue. The study predicts the expense of coping with problem gamblers could offset new revenues, ...and more »

Biz buzz

Fremont and Hayward to get 24 Hour Fitness San Ramon-based 24 Hour Fitness is launching new stores in Fremont and Hayward as part of a $25 million expansion that will create hundreds of new jobs in the Bay Area this year, the personal health company said Thursday.

Ponce City Market to Nab 700 Jobs and $10 Million Investment - Patch.com

GPBPonce City Market to Nab 700 Jobs and $10 Million InvestmentPatch.comThe company — and its Atlanta subsidiary, Green Street Properties — planned $180 million redevelopment of the 16-acre site includes retail, office and residential projects. Those components, coupled with parking and green spaces, will comprise about ...Health IT company to put 500 jobs in MidtownAtlanta Journal ConstitutionHealth IT firm athenahealth to bring more than 700 jobs to MidtownAtlanta Business Chronicle (blog)all 7 news articles »

City Developments 4th-Quarter Net Rises 53% on Housing Projects

City Developments Ltd. (CIT) , Singapore's second-largest developer, said fourth-quarter profit jumped 53 percent, boosted by its property development business.

Universal Health Realty Income Trust Reports 2012 Fourth Quarter And Full Year Financial Results

KING OF PRUSSIA, Pa., Feb. 27, 2013 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE: UHT) announced today that for the three-month period ended December 31, 2012, reported net income was $4.5 ...

Agree Realty Corporation Reports Operating Results for the Fourth Quarter and Full Year 2012

FARMINGTON HILLS, Mich., Feb. 27, 2013 /PRNewswire/ -- Fourth Quarter and Full Year Financial and Operating Results:Increased funds from operations for the quarter by 27%, and 6% year over yearIncreased ...

Lane County starts talks on $67 million Eugene housing, retail redevelopment - OregonLive.com

KVALLane County starts talks on $67 million Eugene housing, retail redevelopmentOregonLive.comA major housing and retail redevelopment project on county-owned property in downtown Eugene would cost $67 million and has gotten an initial go-ahead from the Lane County commissioners. It calls for 170 market-rate apartments, 64 publicly subsidized ...Obie's plan for downtown Eugene gets green lightThe Register-GuardCounty starts talks on big Eugene redevelopmentKTVZEugene businessman proposes apartments, movie theater, grocery store and ...KMTR NewsSource 16all 5 news articles »

Honored for achievements

Chamber salutes area businesses, leaders SOUTH BEND -- Three businesses and four individuals were honored Tuesday at the Century Center by the St. Joseph County Chamber of Commerce at its annual Salute to Business.

-316.55

There is a strong rationale to protect and boost the housing sector where their own assessments show that there is a current shortfall of 18.78 million units in urban India.

California Company Buys Former Quebecor Facility

An affiliate of Downey, Calif.-based Industrial Realty Group LLC has paid $2.7 million for the former Quebecor World Inc. warehouse at 828 E. Holmes R...

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 »

£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 ...

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 ...

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 »

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 ...

Thursday, February 28, 2013

Biz buzz

Biz buzz

Biz buzz

Fremont and Hayward to get 24 Hour Fitness San Ramon-based 24 Hour Fitness is launching new stores in Fremont and Hayward as part of a $25 million expansion that will create hundreds of new jobs in the Bay Area this year, the personal health company said Thursday.

How to take advantage of favorable rates for commercial real estate loans - Smart Business Network

Smart Business NetworkHow to take advantage of favorable rates for commercial real estate loansSmart Business NetworkIt's a good time to refinance a commercial real estate loan or purchase a property. "The market has become more competitive. The big retraction of lender funds in 2008 and 2009 that resulted from increased reserve requirements and unfavorable market ...

InPlay from Briefing.com

InPlay from Briefing.com

Small business commercial leases - Inside Tucson Business

Small business commercial leasesInside Tucson BusinessSouthwest Institute for Bio-Advancement leased 1,272 square feet at 4500 E. Speedway, Suite 113, from Presson Midway LLC, represented by Rob Glaser and Paul Hooker with Picor Commercial Real Estate Services. • PH Mechanical Engineering leased ...

Apollo Commercial Real Estate Finance Management Discusses Q4 2012 ... - Seeking Alpha

Apollo Commercial Real Estate Finance Management Discusses Q4 2012 ...Seeking AlphaThe commercial real estate sector regained its footing in 2012, the year in which we saw a strengthening CMBS market and improving operating fundamentals across the industry. Transaction volume for commercial real estate sales in 2012 reached $147 ...Apollo Commercial Real Estate Finance Q4 12 Earnings Conference Call At 10 ...NASDAQall 2 news articles »

REAL ESTATE: BMW plans move to Redlands warehouse - Press-Enterprise

Press-EnterpriseREAL ESTATE: BMW plans move to Redlands warehousePress-EnterpriseConstruction on the new facility is expected to start in the second quarter and be ready for BMW early next year, said Kim Snyder, regional president for commercial real estate developer Prologis. The planned construction is one of many new warehouse ...

Bank of China Makes Larger Push Into US Commercial Real Estate - Fox Business

Wall Street JournalBank of China Makes Larger Push Into US Commercial Real EstateFox BusinessBank of China Ltd. (601988.SH, 3988.HK, BACHY) has emerged as one of the largest foreign lenders to commercial real estate in the U.S.. Now the state-owned Chinese bank is looking for ways to make even more loans in a quintessential American way: ...Bank of China Eyes Expansion Into US SecuritizationWall Street Journalall 2 news articles »

Tri-Ed site catalogs available commercial real estate - Business Courier of Cincinnati (blog)

Tri-Ed site catalogs available commercial real estateBusiness Courier of Cincinnati (blog)The listings were free and will be updated online periodically, Tri-ED's senior vice president in charge of marketing Karen Finan told me. A 69-page hard-copy version of the catalog has been sent to national site selection consultants, real estate ...

Care Line buys former Hartmann Luggage building - The Tennessean

Care Line buys former Hartmann Luggage buildingThe TennesseanThe former Hartmann Luggage facility in Lebanon has been purchased by Love Properties and Care Line Inc. Care Line Inc. is a family-owned business that specializes in non-sterile kit packaging, according to Stan Snipes of XMi Commercial Real Estate.Care Line buys shuttered Lebanon plantNashville Business Journalall 2 news articles »

City Developments 4th-Quarter Net Rises 53% on Housing Projects

City Developments Ltd. (CIT) , Singapore's second-largest developer, said fourth-quarter profit jumped 53 percent, boosted by its property development business.

Universal Health Realty Income Trust Reports 2012 Fourth Quarter And Full Year Financial Results

KING OF PRUSSIA, Pa., Feb. 27, 2013 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE: UHT) announced today that for the three-month period ended December 31, 2012, reported net income was $4.5 ...

Agree Realty Corporation Reports Operating Results for the Fourth Quarter and Full Year 2012

FARMINGTON HILLS, Mich., Feb. 27, 2013 /PRNewswire/ -- Fourth Quarter and Full Year Financial and Operating Results:Increased funds from operations for the quarter by 27%, and 6% year over yearIncreased ...

Real Estate Principals Acquire Winoker Realty Company - Commercial Observer

Commercial ObserverReal Estate Principals Acquire Winoker Realty CompanyCommercial ObserverLess than a year after Winoker Realty President David Winoker died in a parachuting accident, a group of four New York real estate principals has acquired the firm, it was announced today. Business partners Ira Fishman and Dana Moskowitz, both of ID ...and more »

Top of the list: Commercial real estate firms - The Business Review (Albany) (blog)

KELOLAND TVTop of the list: Commercial real estate firmsThe Business Review (Albany) (blog)Did CBRE-Albany hold steady at No. 1 on the Commercial Real Estate Firms List this year? Suspense! Click through the slide show at right to find out. If so, it continues a multi-year streak for the top spot on the list. Elsewhere in the top five, there ...Commercial Real Estate Firm Says Market Outlook StrongKELOLAND TVall 2 news articles »

Honored for achievements

Chamber salutes area businesses, leaders SOUTH BEND -- Three businesses and four individuals were honored Tuesday at the Century Center by the St. Joseph County Chamber of Commerce at its annual Salute to Business.

-316.55

There is a strong rationale to protect and boost the housing sector where their own assessments show that there is a current shortfall of 18.78 million units in urban India.

California Company Buys Former Quebecor Facility

An affiliate of Downey, Calif.-based Industrial Realty Group LLC has paid $2.7 million for the former Quebecor World Inc. warehouse at 828 E. Holmes R...

Commercial real estate lender iStar posts wider loss - Reuters

Commercial real estate lender iStar posts wider lossReutersFeb 26 (Reuters) - Commercial real estate lender iStar Financial Inc reported a seventh straight quarterly loss as it spends far more to service its debt than it earns from loans and leases. Net loss attributable to shareholders widened to $87.4 ...and more »

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.

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 ...

Nyrstar smelter granted major development status - The Australian

Nyrstar smelter granted major development status - The Australian

Nyrstar smelter granted major development status - The Australian

Nyrstar smelter granted major development statusThe AustralianA $350 MILLION redevelopment of metals giant Nyrstar's Port Pirie smelter has been granted major development status by the South Australian Labor government. The move to declare the project of "major environmental, social and economic importance to ...SA smelter given major development statusNinemsnall 2 news articles »

Jan Perry's stance on development draws critics in LA mayor's race - Los Angeles Daily News

Jan Perry's stance on development draws critics in LA mayor's raceLos Angeles Daily NewsAn $8 million Community Redevelopment Agency loan for a downtown low-income rehabilitation project backed by Perry also drew scrutiny. Despite allegations the developer seeking the loan was mistreating tenants at another building, Perry supported the ...and more »

San Bernardino County sues state in effort to secure $9 million intended for Old Fire-ravaged Cedar Glen redevelopment

San Bernardino County on Wednesday filed a lawsuit in Sacramento Superior Court in an effort to prevent the state from dispersing $9 million intended for redevelopment in the Old Fire-ravaged mountain community of Cedar Glen to various government agencies.

Michigan Strategic Fund provides $1.95 million loan for HighPoint Flats ... - Mlive Kalamazoo

Michigan Strategic Fund provides $1.95 million loan for HighPoint Flats ...Mlive KalamazooThe $6 million in state assistance went to HighPoint Flats and seven other business expansions totaling $95.8 million in new capital investments that will create an estimated 789 new jobs. The Parkland development is expected to create two new jobs ...

County starts talks on big Eugene redevelopment

EUGENE, Ore. (AP) — A $67 million housing and retail redevelopment proposal on county-owned land in downtown Eugene has gotten an initial go-ahead from the Lane County commissioners.

Lane County starts talks on $67 million Eugene housing, retail redevelopment

County commissioners voted Tuesday to proceed with talks on an interim lease and exclusive development rights for a parcel of county-owned land in downtown Eugene.

Lane County starts talks on $67 million Eugene housing, retail redevelopment - OregonLive.com

KVALLane County starts talks on $67 million Eugene housing, retail redevelopmentOregonLive.comA major housing and retail redevelopment project on county-owned property in downtown Eugene would cost $67 million and has gotten an initial go-ahead from the Lane County commissioners. It calls for 170 market-rate apartments, 64 publicly subsidized ...Lane County starts talks on big Eugene downtown redevelopmentAlbany Democrat HeraldObie's plan for downtown Eugene gets green lightThe Register-GuardEugene businessman proposes apartments, movie theater, grocery store & more ...KMTR NewsSource 16all 5 news articles »

Redevelopment Proposal Moves Forward

EUGENE, Ore. — Lane County Commissioner voted Tuesday to move forward a multi-million dollar project proposal to develop property at 6th Avenue and Oak Street. While the details aren't yet set in stone, most of the county commissioners, project heads and even some citizens are excited about what the project could mean for the county … Continue reading »

Fitch Affirms San Rafael Redevelopment Agency, CA's TABs at 'AA-'; Removes Negative Watch

Fitch Ratings has affirmed the ratings on San Rafael Redevelopment Agency , CA's tax allocation bonds as follows:

Fitch Maintains Chico Redevelopment Agency, CA's TABs on Rating Watch Negative

Fitch Ratings maintains the Rating Watch Negative for the following Chico Redevelopment Agency, CA tax allocation bonds :

Nevada Assembly Bill Redevelopment Agency's Life

Las Vegas' redevelopment agency could redirect millions of dollars it spends financing debt to downtown area businesses under a proposal before the state Legislature. Assembly Bill 50 would extend by 15 years the lifespan of the city's first redevelopment

Pinole oversight board to consider $11.6 million in redevelopment obligations

The Recognized Obligation Payment Schedule for July through December 2013 must also must be confirmed by the State Department of Finance

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 »

£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 »

Square One Shopping Centre Commences $84 Million Redevelopment Project

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. ...

$5 million state grant boosts arena redevelopment

Redevelopment of the former Civic Arena site will benefit from a $5 million state grant to help finance infrastructure work.

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 ...

Wednesday, February 27, 2013

Nyrstar smelter granted major development status - The Australian

Nyrstar smelter granted major development status - The Australian

Nyrstar smelter granted major development status - The Australian

Nyrstar smelter granted major development statusThe AustralianA $350 MILLION redevelopment of metals giant Nyrstar's Port Pirie smelter has been granted major development status by the South Australian Labor government. The move to declare the project of "major environmental, social and economic importance to ...

Jan Perry's stance on development draws critics in LA mayor's race - Los Angeles Daily News

Jan Perry's stance on development draws critics in LA mayor's raceLos Angeles Daily NewsAn $8 million Community Redevelopment Agency loan for a downtown low-income rehabilitation project backed by Perry also drew scrutiny. Despite allegations the developer seeking the loan was mistreating tenants at another building, Perry supported the ...and more »

Hotel and golf resort will boost local economy and tourism, says minister

A controversial £100 million (€115 million) luxury hotel and golf resort planned for the north Antrim coast beside the Giant's Causeway World Heritage Site can now proceed following a Belfast High Court judgment.

San Bernardino County sues state in effort to secure $9 million intended for ... - Inland Valley Daily Bulletin

San Bernardino County sues state in effort to secure $9 million intended for ...Inland Valley Daily BulletinSan Bernardino County on Wednesday filed a lawsuit in Sacramento Superior Court in an effort to prevent the state from dispersing $ to various government agencies $9 million intended for redevelopment in the Old Fire-ravaged mountain community of ...SB COUNTY: Supervisors sue over Cedar Glen fundsPress-EnterpriseCedar Glen rebuilding funds target of money grabInland Empire Newsall 3 news articles »

Michigan Strategic Fund provides $1.95 million loan for HighPoint Flats ... - Mlive Kalamazoo

Michigan Strategic Fund provides $1.95 million loan for HighPoint Flats ...Mlive KalamazooThe $6 million in state assistance went to HighPoint Flats and seven other business expansions totaling $95.8 million in new capital investments that will create an estimated 789 new jobs. The Parkland development is expected to create two new jobs ...

LaSalle Hotel Properties Announces Public Offering of 6.375% Series I Cumulative Redeemable Preferred Shares

LaSalle Hotel Properties today announced that it has priced an underwritten public offering of 4,000,000 6.375% Series I Cumulative Redeemable Preferred Shares at a price of $25.00 per share for gross proceeds of $100 million.

Lane County starts talks on $67 million Eugene housing, retail redevelopment - OregonLive.com

KVALLane County starts talks on $67 million Eugene housing, retail redevelopmentOregonLive.comA major housing and retail redevelopment project on county-owned property in downtown Eugene would cost $67 million and has gotten an initial go-ahead from the Lane County commissioners. It calls for 170 market-rate apartments, 64 publicly subsidized ...Eugene businessman proposes apartments, movie theater, grocery store & more ...KMTR NewsSource 16all 5 news articles »

Kimpton Group Holding Closes $203 Million Hotel Investment Fund

Kimpton Group Holding LLC, the parent company of Kimpton Hotel & Restaurant Group, LLC, the largest player in the boutique/lifestyle hotel segment, has announced it has closed its fourth institutional real estate fund and its third fund within the Kimpton Hospitality Partners series.

Andy Murray becomes 'five star hotelier'

London, Feb 26 (ANI): Tennis stars Andy Murray has purchased a 1.8 million pounds hotel in Scotland where his brother Jamie married three years ago.

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 »

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 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.

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.

£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 »

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 ...

Reading Up On Reading International - Seeking Alpha

Reading Up On Reading International - Seeking Alpha

Reading Up On Reading International - Seeking Alpha

Reading Up On Reading InternationalSeeking AlphaCombined with surrounding lots, this property could support a $200 million development. As such, management has requested a reinvestment option of up to 25% of the purchase price in connection with any sale. Prospective buyers have offered between ...

Kimpton Group Holding Closes $203 Million Hotel Investment Fund

Kimpton Group Holding LLC, the parent company of Kimpton Hotel & Restaurant Group, LLC, the largest player in the boutique/lifestyle hotel segment, has announced it has closed its fourth institutional real estate fund and its third fund within the Kimpton Hospitality Partners series.

COMPTROLLER LIU: PENSION FUNDS INVESTING $500 MILLION IN SANDY ... - RealEstateRama (press release)

COMPTROLLER LIU: PENSION FUNDS INVESTING $500 MILLION IN SANDY ...RealEstateRama (press release)NEW YORK, N.Y. – February 27, 2013 – (RealEstateRama) — City Comptroller John C. Liu today announced that four of the five New York City pension funds have voted to invest $500 million in residential and commercial real estate, focused in areas ...

John Lewis reveals £50 million investment in stores - Daily Echo

Daily EchoJohn Lewis reveals £50 million investment in storesDaily EchoThe biggest investment of the year will be the £16 million redevelopment of the High Wycombe store, with 35,000 sq ft of back-office space converted to increase the shop's selling area by one third. John Lewis Kingston will begin a £7 million ...John Lewis starts a multi-million pound branch investment to back up its ...This is MoneyJohn Lewis commits to £57m refurbishment schemeRetail GazetteJohn Lewis announces first details of 2013′s multi-million pound ...International Supermarket NewsFashionUnited.co.ukall 10 news articles »

Station Lofts celebrates groundbreaking in Brockton - Enterprise News

Station Lofts celebrates groundbreaking in BrocktonEnterprise NewsCity and state officials gathered for the occasion for the $9-million redevelopment of the Knight building at 124 Montello St. Station Lofts will feature 25 apartments with a mixture of full-priced rents and subsidized housing for working families and ...

Andy Murray becomes 'five star hotelier'

London, Feb 26 (ANI): Tennis stars Andy Murray has purchased a 1.8 million pounds hotel in Scotland where his brother Jamie married three years ago.

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 - San Jose Mercury News

Pinole oversight board to consider $11.6 million in redevelopment obligationsSan Jose Mercury NewsPINOLE -- 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 »

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.

£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 »

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 ...

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 ...

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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