The battle for top brokers continues between Cushman & Wakefield and CB Richard Ellis. The latest skirmish occurred last month in Philadelphia, where four of Cushman’s top investment sales brokers left to join...
When CB Richard Ellis acquired Insignia Financial Group last summer, the heavily publicized deal brought together two of the nation's largest commercial brokerages under one roof. It was billed as a watershed event...
At long last, New York City is reclaiming its waterfront through an ambitious campaign to build new apartments, retail properties, parks and possibly even a new football stadium along the limits of this harbor city...
Cohen & Steers, a real estate asset management firm, has filed for an initial public offering. Merrill Lynch will lead the offering. Yesterday’s initial filing did not detail the number of shares nor the price...
The Securities and Exchange Commission has launched a formal investigation into an apparent miscalculation of net rental income last summer by Apartment Investment & Management Co. Earlier this month, AIMCO...
Brookfield Properties Corp. has purchased a major Washington, D.C. office building from Wachovia Development Corp. The 547,000 sq. ft. Edison Place sold for $167.1 million. Brookfield also will assume $151.6 million...
After six months of lease negotiations, a major Manhattan law firm has finalized plans to occupy lower Manhattan’s One World Financial Center. Cadwalader, Wickersham & Taft LLP will move its 800 staffers to the...
Private equity firm Blackstone Group has agreed to acquire lodging chain Extended Stay America for $1.99 billion. With the purchase, Blackstone will assume $1.13 billion worth of Extended Stay America’s debt...
CB Richard Ellis has developed a flair for the dramatic. Only seven months after shaking up the commercial real estate industry with its acquisition of Insignia/ESG, the Los Angeles based brokerage firm caused a stir...
