SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
Houston’s 777 Post Oak Blvd. Office Gets New Owner
April 24, 2024
General News
Hike in Oil Prices Prompts Burst of Construction in Houston
January 14, 2000 By Debra Beachy, IPGDirect.com CorrespondentHOUSTON -- A burst of construction sparked by rising oil prices placed Houston among those cities nationwide with the largest increase in availability of industrial space in the third quarter, the real estate...
CalPERS Starts Hunt for Pressler’s Replacement
January 14, 2000 SACRAMENTO, Calif. – The California Public Employees' Retirement System said it has begun a national search for a chief investment officer to replace Sheryl K. Pressler, who stepped down to take the post of chief executive of...
Correction
January 14, 2000 Credit Suisse First Boston was not involved in the purchase of the Shell Mex House in London's West End. A Jan. 11 story, "Witkoff Team Buys Large London Office Building for $278.6 Mln," inaccurately reported that the...
Marriott International Files $300 Mln Mixed Securities Shelf
January 14, 2000 (NewsTraders.com) – Marriott International Inc. (NYSE:MAR) filed with securities regulators today to register $300 million of debt securities, Class A common stock and preferred stock under a shelf, according to a Form S-3 document.In addition, the company...
Quebec Pension Buying Stake in Montreal Building, Paper Says
January 13, 2000 Sun Life Assurance Co. is selling a 50 percent interest in Montreal's Sun Life Building to a unit of Caisse de Depot et Placement du Quebec, according to the Montreal Gazette.The landmark building contains about 1 million...
Essex Capital Buys 42nd Street Site for $30 Mln, Paper Says
January 13, 2000 Developer Mitchell B. Rutter, who leads Essex Capital Partners, has agreed to buy three lots on the northeast corner of Fifth Avenue and 42nd Street in Manhattan on which he plans to construct a 30-story office building.Rutter...
Site Aimed at Mortgage Brokers Launched, Hires Heller Exec
January 13, 2000CHICAGO – Patti Unti, a former director of Heller Financial, has joined Cargan City as chief operating officer. Unti, who formerly worked on Heller's conduit, Heller Express, joins Cargan as it is launching its web site, mortgageselector.com. The...
Glen Esnard Given Charge of Investment Properties at More CB Offices
January 13, 2000 LOS ANGELES – Glen Esnard, senior managing director of investment properties for CB Richard Ellis, has been given oversight of 15 additional CB offices.Esnard now overseas investment properties operations at 33 offices in the West. He started...
SL Green Files to Raise $400 Mln
January 13, 2000 S.L. Green Realty Corp. (NYSE:SLG) has registered to raise up to $400 million through the sale of common and preferred shares. The REIT's plans were outlined in a Form S-3A that was filed with the SEC.SL Green...
Security Capital Unit Sells Portfolio, to Buy Back Shares
January 13, 2000 LUXEMBOURG – Security Capital-U.S. Realty (NYSE:RTY) has completed the sale of its special opportunity investment portfolio, which had generated a compound annual return since 1995 of 9.3 percent.Security Capital has been selling off the portfolio since 1998....
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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.
