A story published July 29, Piedmont Pays $84Mln for Office Complex in Bethesda, Md., incorrectly reported the price that Piedmont Office Realty Trust paid Opus East for an office property in Bethesda, Md. Piedmont, an Atlanta REIT, paid Opus East ...
CWCapital had acquired bonds rated AAA and AA from ACAS CRE CDO, 2007-1, a $1.2 billion collateralized debt obligation that was floated by American Capital Strategies last year. A story published last week, S&P Downgrades Bonds from 3 CDO Transactions, ...
A story published June 25, U.S. Property Derivatives Trading Doubles, But Still Struggles for Critical Mass, incorrectly reported the volume of derivatives trades made against commercial properties in the United Kingdom. The correct volume is $31.4 billion. Also, the Investment ...
National City Center had received investor interest when it hit the sales block in 2006 and was placed under contract by a prospective buyer. However, a deal fell apart during the due diligence stage. A story on April 22, TA ...
Jamestown Properties has joined a venture led by Murray Hill Properties that is buying 1250 Broadway in Manhattan. An item published today, Jamestown Joins Venture Buying Manhattan's 1250 Broadway, misreported the German investor's participation in the acquisition.
CBRE Realty Finance Inc. is the subject of an unsolicited take-over offer from Arbor Realty Trust, which has demanded information on a proposed loan sale. A story published last week, Arbor Hammers CBRE on Loan Sale, incorrectly identified the mortgage REIT ...
A story published Feb. 22, Lowe Paying $150Mln for Arlington, Va., Office Complex, incorrectly identified Beacon Capital Partners as the seller of the Jefferson Plaza office complex. Equity Group Investments is the entity that sold the property.
A story published Feb. 1, "Hampshire Refinances Part of Investment Fund Portfolio, Sells Another," incorrectly identified the buyer of a portfolio from Hampshire Cos. The buyer's identity was not disclosed. California Public Employees' Retirement System is among the investors in Hampshire ...
Gale Co. sold the North Troy Corporate Center for $83.5 million. A story published yesterday, "Gale Co. Exits Detroit Area With Sale," understated the price and mischaracterized EDS' occupancy. The technology company has completely moved out of the property. The ...
Reis Inc. predicts that the national office vacancy rate will increase 10 basis points to 12.6 percent in the fourth quarter, and the retail sector's vacancy rate will also rise by 10 bp, to 7.5 percent. A story published yesterday, ...
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