Manhattan-based mortgage broker Singer & Bassuk has closed a $60.5 million loan for 17 Battery, a 440,000 sq. ft. lower Manhattan office building. President Richard Bassuk says the deal represents another step...
With the lodging industry struggling against a protracted slump, many desparate hoteliers are tacking on new fees on services ranging from early departures to using the hotel fax machine. A new report by...
The shopping center and apartment sectors softened enough during the first quarter to prompt Moody’s to place them in the so-called "yellow zone," where the ratings agency considers market well being to be more...
Inland Retail has added seven Georgia shopping centers to its growing portfolio. All told, the $200 million acquisition flurry adds 1.4 million sq. ft. of gross retail space into unlisted REIT’s portfolio...
The Los Angeles City Council has approved an agreement with Capital Vision Equities and Keyshawn Johnson for the $123.2 million mixed-use redevelopment of the former Santa Barbara Plaza in South Los Angeles. The...
Opus West Corp. has purchased 15 acres in Houston to develop a 638,000 sq. ft. office warehouse and service center. The firm also has a contractual option to purchase an additional 30 acres from Fannin/Pierce Junction...
Greenberg Commercial has broken ground on the Hunt Valley Towne Centre on the site of the former Hunt Valley Mall in Baltimore. The new project will include 360,000 sq. ft. of retail and entertainment space in an open...
Northern California, Denver, Indianapolis, Atlanta and several Texas metros top the list of Wachovia Securities’ weakest real estate markets at mid-year. And on a property class basis, the multifamily market is coping...
Amid a protracted IPO drought, two real estate investment trusts (REITs) are testing publicly traded waters. Los Angeles-based office landlord Maguire Properties (MPG) went public Wednesday at $19 a share. Maguire isn...
A 437,000 sq. ft. Orange County office center has traded for $46 million. Voit Commercial Brokerage represented both the buyer, PS Business Parks, Inc. and the seller, Orange County Business Center...
