The founder of Chicago-based tenant representation firm Equis Corp. says he will continue to run the company after he sells the business to Australia-based United Group Limited (ASX: UGL) for approximately $120...
After 22 years, revitalization plans are finally gaining momentum for a former riverfront manufacturing district just outside Philadelphia that has drawn criticism from local news media outlets for its painfully...
Seasoned and novice commercial real estate investors alike have hit pay dirt in recent years. Rapid price appreciation of assets across all property types has resulted in huge returns in a short period of time for...
A year after the U.S. Supreme Court's earth-shaking eminent domain decision, Kelo v. New London, Susette Kelo is still negotiating with city leaders to keep her home...
After 22 years, revitalization plans are finally gaining momentum for a former riverfront manufacturing district just outside Philadelphia that has been criticized by local news media outlets for its painfully...
Last June, the U.S. Supreme Court’s ruling in Kelo v. New London left states scrambling to clarify eminent domain laws. While Kelo gave the federal go-ahead by permitting condemnation of private property to create an...
Spiking premiums and deductibles for windstorm insurance in coastal areas may pose a challenge for holders of loans rolled into commercial mortgage-backed securities, according to Fitch Ratings. In the wake of the...
LCOR Inc. and the California State Teachers Retirement System (CalSTRS) have nearly tripled their equity investment in a multifamily joint venture to $287.5 million and plan to leverage that amount to approximately $1...
Investors are snapping up commercial real estate collateralized debt obligations (CDOs) in ever greater numbers. Issuance volume more than tripled last year, from approximately $6.5 billion in 2004 to more than $21...
