Fitch Ratings expects overall stable credit quality for U.S. REITs in 2004, according to a new report. Still, pockets of weak performance will continue to be found in the office and multifamily sectors...
Wells Real Estate Investment Trust has added another Cambridge, Mass., office building to its growing portfolio. The unlisted REIT — which spent $2.6 billion on office property last year — did not release the sale...
Inland Real Estate Corp., which sponsors several private REITs, is seeking a listing on the New York Stock Exchange. The retail REIT owns 138 properties totaling 12 million sq. ft. in the Midwest...
A quartet of top-producing sales brokers has left Cushman & Wakefield to join rival brokerage firm CB Richard Ellis. The brokers — Lizann McGowan, Michael Blunt, Robert Fahey and Michael Hines — all worked with...
Real estate services firm CB Richard Ellis filed papers Tuesday with the SEC to raise $150 million through an IPO. The initial filing did not denote the number or price of the shares the firm plans to offer...
Wells Real Estate Investment Trust II has acquired the Weatherford Center, a 260,000 sq. ft., Class-A office building in Houston, Texas. The sale price was not disclosed...
Despite a 4.4% decline in profits, Starwood Hotels & Resorts Worldwide beat Wall Street estimates for the fourth quarter of 2003. Starwood — which owns and operates Sheraton, Westin, St. Regis and other hotels and...
The retail and restaurant components of the $1.7 billion Time Warner Center were unveiled to the public yesterday morning during a ribbon-cutting ceremony...
If Charles Perry is correct, the financial fallout from mold could very well make asbestos look like "a day at the beach" for commercial real estate financiers and owners...
ORLANDO — The financial fallout from mold could very well make asbestos look like "a day at the beach" for commercial real estate financiers and owners, according to experts speaking at the Mortgage Bankers...