After weeks of speculation, Morgan Stanley has agreed to buy most of Lend Lease’s U.S real estate investment arm. The purchase will bring Morgan Stanley’s real estate assets to $30 billion once the deal is finalized...
Chelsea Property Group, an outlet center REIT, has purchased The Crossings Factory Stores, a Delaware Water Gap area outlet center near the Poconos. Chelsea spent $111.3 million for The Crossings, who were owned by...
Despite Freddie Mac’s recent accounting and management woes, Moody’s is confident in Freddie Mac’s risk management capabilities and overall financial strength. While Moody’s was "disappointed" to learn about Freddie...
The Alter Group is developing a $100 million, 200-acre master-planned business park for state-of-the-art warehouse and distribution centers in Rochelle, IL, roughly 80 miles west of Chicago...
Freddie Mac, the second biggest U.S mortgage finance company, has fired its president and COO over his apparent unwillingness to cooperate with an audit of the firm. Freddie Mac’s CEO and CFO were also fired this week...
Corporate Office Properties Trust, a major owner of office buildings along the Baltimore/Washington corridor, this week bought a 400,000 sq. ft. office building in Herndon, Va...
PASSCO completed what it calls the largest tenant-in-common transaction in history, valued at $148 million. The Santa Ana, Calif.-based real estate investment firm created a pool of 36 investors, the largest number...
Could The Rouse Co. step in and save Taubman Centers from the jaws of Simon Property Group? A recent court ruling makes the possibility as viable as any other outcome, Wall Street analysts are saying...
A delayed earnings announcement was all it took to get Wall Street tongues wagging. Now, they’re saying PREIT has probably acquired Johnstown, Pa.-based Crown American Realty Trust and is putting off its quarterly...
