Beyond Fun and Games: Why Investing in Brazil Is a Smart Move
Brazil’s strong demographic and macroeconomic fundamentals help explain why the long-term outlook for the country is so positive. ...
PCCP Provides $23.75 Million Loan to Recapitalize Suburban Philadelphia Office Complex
PCCP, formerly known as Pacific Coast Capital Partners, has provided a $23.75 million senior loan for the recapitalization of a five-building, Class-A office complex within Sentry Park West in Blue Bell, Penn., a Philadelphia suburb....
Yield Curve Is Not Signaling Recession, Says Grubb & Ellis Economist
While it is impossible to sugarcoat the stagnant state of the labor market in August, Grubb & Ellis chief economist Bob Bach says that the yield curve is not signaling a recession....
Taking a Bold Leap Forward
Penton Commercial Real Estate announces the addition of Jonathan A. Schein....
Chinese and Korean Investors Buy Three First National Plaza in Chicago for $348 million
Hines has sold the 1.4 million sq. ft. Three First National Plaza office complex in Chicago, the privately owned commercial real estate firm announced Wednesday....
NREI to Host Webinar on Public-Private Investment in Newark on Sept. 7
How is Newark redefining the art of the deal to attract corporate tenants and grow its residential base? Find out in this hour-long webinar hosted by National Real Estate Investor at 2 p.m. (EST) Wednesday, Sept. 7. ...
Class-B Assets and Secondary Markets Earn Their Day in the Sun
There is fierce competition among institutional investors for minority ownership in trophy properties in primary markets such as New York, London and Washington, D.C. ...
Property Taxation Runs Amok in the District of Columbia
Real estate taxes, which are based on assessor opinions, are the only subjectively determined taxes on the planet. ...
IDI’s Leasing Activity Surpasses 3.3 Million Sq. Ft. in First Half of 2011
Tim Gunter, president and CEO of industrial owner and developer IDI, is encouraged by the rebound taking shape in the property sector. The privately held Atlanta-based company recorded more than 3.3 million sq. ft. in leasing activity during the first half of 2011, with Chicago, Dallas and Memphis accounting for the lion’s share of activity....
Aztec Arranges $7 Million in Acquisition Financing for Westchase Corporate Park in Houston
Real estate investment and merchant banking firm Aztec Group Inc. has arranged $7 million in acquisition financing for Westchase Corporate Park ...
Trucking Company Buys Land for $2.7 Million in Commerce, Calif. for New Company Headquarters
So Cal Carriers, a California-based trucking company, has acquired 110,000 sq. ft. of land for $2.7 million in Los Angeles County’s Commerce market. So Cal is relocating its headquarters from the City of Industry to Commerce. ...
‘Stunned’ by Medicare Cuts, Nursing Home Operators Prepare to Slash Expenses
The nursing home industry suffered a startling setback July 29 when the federal government announced that Medicare rates will be slashed by 11.1% starting Oct. 1....
Velocity of Seniors Housing Portfolio Sales Accelerates
Sales of seniors housing portfolios are heating up as owners of multiple properties find it an opportune time to exit the market while buyers seek to expand their holdings. ...
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