May 10, 2000 RALEIGH, N.C. – Highwoods Properties Inc. (NYSE:HIW) has formed a joint venture with two German investment funds and sold it five of its office buildings and a development project.The investment funds, Dreilander-Fonds 97/26 and 99/32 paid Highwoods ...
A new report from Marcus & Millichap says development of shopping centers and big box outlets has stalled in Los Angeles and San Diego. Retail properties sales were down in 1999 and are expected to fall again this year.
R. Donahue Peebles, who is developing the Royal Palm Hotel in Miami's ritzy South Beach area, is looking for a lender willing to provide $55 million of financing when construction is completed later this year.
May 2, 2000 NEW YORK – Fitch IBCA has placed all rated classes in Commercial Capital Access One's commercial mortgage bonds series 2 and 3 on "rating alert evolving."Fitch IBCA does not rate the class E, F, or G bonds ...
TenantCity.com is the online real estate service funded by Goldman Sachs that some say could replace brokers in certain situations, which has roiled some brokers.
April 14, 2000 DALLAS – Kennedy-Wilson Inc. (Nasdaq: KWIC) has expanded its investment sales division by naming Dave Curran, a longtime commercial real estate executive in Dallas, to spearhead investment sales activity here.Curran has been a regional managing director for ...
April 14, 2000 The much-ballyhooed commercial real estate Internet firm RealPulse.com, which in recent weeks has lured away some of the commercial mortgage-backed securities industry's highest profile executives, is being backed by up to $150 million in seed capital from ...
April 11, 2000 Affiliates of General Motors have agreed to make a $50 million investment in Lend Lease Real Estate Hyperion High-Yield Commercial Mortgage Fund Inc., which purchases commercial mortgage-backed securities.The GM affiliates are led by General Motors Employees Global ...
Capstone Advisors is looking for an institutional investor as a replacement to Credit Suisse First Boston to help it develop housing communities in Southern California, where there's enough demand to satisfy eight years of homebuilding.
Terremark Holdings, which last month acquired a firm founded by Tom Mulroy and Cliff Preminger, is gearing up to raise an investment fund that will pursue carrier hotels.
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