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VertiNews.com Special ReportNomura Securities has struck a deal to sell the subordinate bonds from two seasoned CMBS issues to three investor groups, including Madison Square Partners.
VertiNews.com Special ReportMobileVest Inc. plans to build a portfolio of up to $100 million of mobile-home parks in Florida as a prelude to an initial public offering.
VertiNews.com Special ReportGrubb & Ellis is in talks to buy Landauer Real Estate Counselors. "It's all done but the dotting of the i's," said an individual familiar with the deal.
VertiNews.com Special ReportBallooning swap spreads are driving down prices of commercial mortgage-backed securities to levels not seen in months.
A unit of J.P. Morgan teamed up with Carmel Cos. to buy San Francisco's Parkmerced, a massive apartment complex, for $300 million.
VertiNews.com Special ReportSpaulding & Slye will meet with Connecticut officials to assure them that they will find another client to redevelop a former state hospital in Norwich, Conn.
VertiNews.com Special ReportAlmost one million-sf of properties in Harrisburg, Pa., is being put on the block. CB Richard Ellis is opening up a new office to oversee the sales.
VertiNews.com Special ReportJ.P. Morgan has closed $960 million of commercial mortgages so far this year, putting it well on track to double last year's total volume of $1 billion.
VertiNews.com Special ReportCB Richard Ellis is laying off 70 middle managers throughout the country immediately in a move designed to cut costs.
VertiNews.com Special ReportThe Parmenter Co. plans to sell some of the buildings it bought as part of a $140 million portfolio it acquired from Bank of America.
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© 2023 Commercial Real Estate Direct All rights reserved..