Economy: Page 159
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Brookdale Acquires 1.4 MSF Dallas Office Complex
Brookdale Investors Six L.P. has just added 1.4 million square feet of Class A office space to its portfolio with the acquisition of The Towers at Williams Square in Irving, Tex.
Jan. 17, 2012 -
FDIC Closes on Third IMP Sale
The sale under the Investor Match Program moved a quarter of a failed Washington State bank's assets.
Jan. 17, 2012 -
Tracking Multifamily's Ever Widening Spreads
Multifamily is hot right now, but cap rates show that some classes are hotter than others.
Jan. 17, 2012 -
UGL Adds Chicago-based Cap Markets Group
CHICAGO-The Sydney-based firm, which recently took over DTZ, will provide transaction services for acquisitions, dispositions, SLBs, workouts, and more. Plus more Midwest news.
Jan. 17, 2012 -
CoreLogic, FICO counting rent in credit scores
Credit-reporting companies CoreLogic and FICO now include rental payments in determining credit scores.
Jan. 16, 2012 -
Loan Applications Up 4.5% This Month
Mortgage bankers's numbers show loan applications were up the week of Jan. 6.
Jan. 16, 2012 -
Housing Market's Economic History
An analysis by Philip J. Anderson looks at real estate bubbles throughout U.S. history,
Jan. 13, 2012 -
Deals: UDR/MetLife JV Completes $630M NYC Buy
UDR/MetLife, Beech Street Capital and Walker & Dunlop wrap up multifamily transactions.
Jan. 13, 2012 -
MetLife Buys Chicago Tower from LYND
The 249-unit EnV building is know for its distinctive design.
Jan. 13, 2012 -
Encore Wins Financing for Next Apartment Project
Encore Multi-Family LLC has closing on the financing for the its next ground-up development project, a garden-style apartment property in the Denver suburb of Thornton. T
Jan. 13, 2012 -
Crossbeam Begins Development on 270 Units
The project in Mira Loma, Texas, is the company's first commercial development.
Jan. 13, 2012 -
Jake Harrington Named On-Site’s CEO
On-Site.com has promoted co-founder Jake Harrington to be chief executive officer.
Jan. 13, 2012 -
UDR, MetLife Team Up to Buy Columbus Square
UDR Inc. said Thursday that it formed a joint venture with MetLife Inc. that paid $630 million for Columbus Square, a complex of five high-rise apartment buildings on Manhattan's Upper West Side.
Jan. 13, 2012 -
Skyward
Feds Eying Sale of Foreclosures as Rentals
The FHA, Freddie Mac and Fannie Mae may be looking at putting forclosed homes into the rental market.
Jan. 13, 2012 -
Chicago’s 55 W. Monroe Sold to Hearn for $136M
In what Jones Lang LaSalle is calling “one of the Chicago market’s largest year-end transactions,” The Hearn Co. purchased 55 W. Monroe from LaSalle Investment Management for $136 million.
Jan. 13, 2012 -
Invesco Takes Boston Office Block for $75M
An Invesco client picked up a 220,311-square-foot, renovated Class A office building for $75 million.
Jan. 13, 2012 -
Report: Redwood Will Offer New Residential Mortgage Bonds
Redwood Trust, Inc. reportedly is readying an offering of at least $405 million backed by residential mortgages.
Jan. 13, 2012 -
Adviser: Regulation Tops CRE Concerns Now
Adviser Dennis Yeskey told NYCREW's "Global Trends" meeting that Dodd-Frank rules will be problems this year.
Jan. 13, 2012 -
John Burns: Veterans can’t get the homes they need
Low valuations by Veterans Affairs appraisers are pushing builders out of deals.
Jan. 12, 2012 -
Department of Energy, home builders collaborate on 10,000 high-performance houses
The U.S. Department of Energy says more than new 10,000 homes meet the energy-efficiency specifications of the Builders Challenge initiative.
Jan. 12, 2012 -
MetLife Buys Chicago Tower from LYND
LYND sells a luxury tower to MetLife; IPA closes two sales in Florida; and NorthMarq arranges a construction loan.
Jan. 12, 2012 -
Charles Henricks
Hunt Realty Makes Foray into Multifamily Development
Akard Street Partners, an investment partnership operated by Hunt Realty Investments, has formed Trinsic Residential Group to develop multifamily properties in infill and suburban locations, initially focusing on major Texas markets.
Jan. 12, 2012 -
Poll Finds Americans Strongly Favor Homeownership
The poll commissioned by the NAHB found overwhelming support for owning a home and for a mortgage-tax deduction.
Jan. 12, 2012 -
Canadian REIT CANMARC Buys Three Properties for $213M
Less than two years after CANMARC Real Estate Investment Trust completed its initial public offering, there appears to be no end in sight to its shopping spree. The REIT has committed to the purchase of three commercial properties across Canada for a total $213 million investment.
Jan. 12, 2012 -
MetLife Spends $125M on Chicago Luxury Multi-Family Tower
Amid a flurry of multi-family trades in Chicago, MetLife has bought EnV, a luxury high-rise tower, from LYND Development Partners for an estimated $125 million.
Jan. 12, 2012
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