389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
General News
Southeast Regional Digest
February 2, 2000 UPS seeking site for e-commerce unitsAtlanta Journal-Constitution, February 2ROSWELL, Ga. – United Parcel Service has set its sights on the former Herman Miller Inc. campus here. UPS is focusing on the 220,000-square-foot office building that housed Herman...
Finova Realty Shuffles Management Ranks, Brandes Steps Aside
February 2, 2000 IRVINE, Calif. – R.J. Brandes, executive managing director of Finova Realty Capital, is stepping aside from his day-to-day oversight of the operation.In his place, William G. Campbell was named managing director in charge of the unit's daily...
Tishman Speyer, Douglas Emmett Realty Finalists for MGM Plaza
February 2, 2000 Tishman Speyer Properties of New York and Douglas Emmett Realty Advisors of Los Angeles appear to be the finalists to buy Maguire Partners' MGM Plaza in Los Angeles, according to the Wall Street Journal.The newspaper said the...
First Union, Wellsford Kill Merger Talks
February 2, 2000 NEW YORK – First Union Real Estate Investments (NYSE:FUR) and Wellsford Real Properties Inc. (AMEX:WRP) have terminated negotiations concerning a possible business combination or other transaction.Reasons for the termination could not be immediately learned. The two firms...
Southeast Regional Digest
February 1, 2000 Developer buys back medical buildingsPalm Beach Post, February 1WEST PALM BEACH, Fla. – Developer Bruce Rendina is buying back most of the $200-million portfolio of medical buildings he sold two years ago to the Meditrust Cos. Eleven...
Ft. Worth, Texas, Office Market Shines Despite High Vacancy Rates
February 1, 2000By Debra Beachy, IPGDirect.com CorrespondentHOUSTON – Although Fort Worth has among the country's highest office vacancy rates, a unit of CB Richard Ellis has ranked the Texas city second, after New York City, as the best for potential...
Schooner In Talks With Golf Trust For ‘Going Private’ Deal
February 1, 2000 (NewsTraders.com) -- Boston-based investment firm Schooner Capital LLC disclosed Friday afternoon in a regulatory filing that it recently expressed interest in working with Golf Trust of America (AMEX:GTA) on a 'going private' transaction.Schooner, which forwarded such thoughts...
Whitehall Team Completes Buy of 12 McNeil Partnerships
February 1, 2000 NEW YORK – Goldman Sachs' Whitehall Street Real Estate LP XI and McNeil Partners LP have acquired 12 limited partnerships that were put together by McNeil.In addition, the team has acquired certain assets of McNeil Real Estate...
Prudential Mortgage Takes Loan Apps Online
February 1, 2000 BETHESDA, Md. – Prudential Mortgage Capital Co. has joined Redbricks. Com as a direct lender. Prudential, a unit of the Newark, N.J., insurance firm, becomes one of 23 commercial and multi-family lenders that bid on loan requests...
USP Agrees to Sell Assets to Aegon in $33.5 Mln Deal
February 1, 2000 CEDAR RAPIDS, Iowa – Aegon USA Realty Advisors has agreed to buy all the real estate owned by USP Real Estate Investment Trust, a small REIT that it advises.A purchase price was not disclosed. But a recent...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
