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September 7, 2000 The Peterson Cos. of Washington is offering for sale a piece of a 1.3 million-square-foot portfolio of office and retail properties in Northern Virginia.According to the The Washington Post, the firm is looking to sell up to ...
September 7, 2000LOS ANGELES – Castle & Cooke Inc. shareholders yesterday approved David H. Murdock's offer to acquire the real estate development company through his Flexi-Van Leasing Inc. for $19.25 per share in cash, effectively completing the merger.At the shareholder's ...
September 6, 2000 JACKSONVILLE, Fla. – Regency Centers L.P., an affiliate of Regency Realty (NYSE: REG), has completed the sale of $150 million of 10-year senior unsecured notes. The 8.45 percent notes are due Sept. 1, 2010, and are priced ...
The agency has apparently concluded that a securitization of mortgages will not result in greater proceeds than a whole-loan sale. So it has decided to sell in bulk up to $800 million of loans that remain from 10 RTC securitizations.
September 1, 2000 Commercial Real Estate Direct Staff ReportThe Port Authority of New York and New Jersey last night received as many as six proposals from firms interested in taking over management of the massive World Trade Center complex in ...
The insurer has started shopping a 75 percent interest in a 7.1 million-sf portfolio of office buildings. Equitable wants to retain an equity interest and will provide seller financing.
August 30, 2000 By Thomas J. Walsh, Commercial Real Estate Direct Senior WriterGMAC Commercial Mortgage has circled the junior-grade classes of an upcoming conduit from Bear Stearns and Wells Fargo, sources say. The deal is slated for launch in the ...
August 30, 2000 Black Rock, the office building at 51 West 52nd St. in Midtown Manhattan, is expected to be put up for sale once again.The 873,000-square-foot building, which serves as CBS Corp.'s headquarters, is now owned by Viacom, which ...
August 25, 2000NEW YORK – Insurance giant CNA has agreed to sell 180 Maiden Lane to Paramount Group, a German-owned real estate investment firm for $330 million, or $300/sf, according to the New York Daily News.Tenants at the 41-story tower, ...
The $177 million single-asset transaction, backed by the mortgage on the historic Westin St. Francis in San Francisco, went smoothly, insiders say. It was the first CMBS deal of the year for BofA.
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