Houston Business Journal Construction is underway on a 116,500-square-foot medical-office building in Houston. Healthpeak Properties Inc. is developing the five-story property at 7500 Fannin St. It already is 36 percent preleased and will include a parking garage that's being built ...
The agency seized 22 banks with $9.6 billion of assets during the second quarter. It sold 21 of the institutions to buyers who took all their assets. The exception was Superior Bank of Birmingham, Ala., with $3 billion of assets.
Rocky Mountain News AmeriVest Properties Inc. will liquidate the 12 office buildings it owns in Denver, Phoenix and Dallas. The entire portfolio includes about 1.6 million square feet with about 483,000 sf in the Denver area. AmeriVest, a Denver REIT, ...
AmeriVest Properties Inc. has approved a plan of liquidation.The Denver company, which owns 12 office properties in Denver, Dallas and Phoenix, has hired Trammell Crow Co. to advise it on the sale of its properties. AmeriVest's properties are generally aimed ...
The Santa Ana, Calif., company is asking investors in G REIT to allow it to liquidate the 23 office properties it owns. Those properties have 5.6 million square feet. G REIT carried them on its books at a value of ...
Greenwood Group, which earlier this week called on Amerivest Properties Inc. to adopt a plan of liquidation, said in its letter to the Denver REIT that if it was unwilling to adopt such a plan, Greenwood would want to launch ...
Rocky Mountain NewsLouis G. Conforti, a managing member of the Chicago-based Greenwood Group LLC, is calling for AmeriVest Properties Inc. to liquidate its real estate assets. AmeriVest, a Denver REIT, has seen a 50 percent drop in its stock during ...
June 1, 2005 Commercial Real Estate Direct Staff ReportA total of $258.8 million of securitized mortgages were liquidated in April. But the volume of delinquent loans in the CMBS universe still increased during the month, to $4.72 billion from $4.68 ...
May 20, 2005 Wellsford Real Properties Inc. (Amex:WRP) is liquidating its portfolio.The decision comes a year after the New York real estate merchant bank had hired Lazard Freres & Co. to advise it on strategic alternatives. In an announcement, Wellsford ...
Only two months into the year, more than $535 million of soured securitized loans have been liquidated. In comparison, just under $2.3 billion of CMBS loans were liquidated last year, which itself was more than the previous seven years combined.
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