Has the recovery of real estate fundamentals finally lost its oomph? According to Boston-based Property & Portfolio Research (PPR), the pace of year-over-year vacancy declines slowed down across all four major...
The Blackstone Group clinched the hard-won Equity Office Properties Trust (EOP) portfolio about 48 hours ago. How’s this for a multi-billion dollar office flip? On this quiet Friday afternoon at the tail end of ...
Fannie Mae has officially recorded another active stretch of multifamily lending in 2006. Speaking earlier this week at the 17th annual Mortgage Bankers Association/Commercial Real Estate Finance (CREF) conference in...
The future owner of Equity Office Properties Trust (EOP) is still in doubt. Yesterday, Vornado Realty Trust offered to pay $41 billion for the sprawling office REIT. This latest offer comes just days after the...
One of the few small-scale industrial developments in Southern California's Inland Empire is underway. In January, real estate developer Omni West Group Inc. began constructing a 50,125 sq. ft. industrial complex in...
When Boston's Hancock Center fetched $1.3 billion in December, the trophy sale of New England's tallest office tower brought the year to a fitting close. Office investment sales totaled a record $6.5 billion in 2006...
The pitched battle for office REIT Equity Office Properties Trust (NYSE: EOP) is either winding down or about to get even more heated. The Chicago-based landlord founded by Sam Zell has given a Vornado-led investor...
U.S. real estate investment trusts (REIT) should post another strong year largely on the strength of improving property fundamentals and savvy managers, reports Fitch Ratings. But the potential for another wave of...
The battle royale for office landlord Equity Office Properties Trust continues. Last night, Blackstone Group boosted its original bid by 11% after a Vornado Realty Trust-led group offered $21.5 billion for EOP late...
Sam Zell earned the nickname “grave dancer” for his uncanny ability to unlock value from distressed real estate opportunities. But he may be doing a jig for a completely different reason today as Equity Office...
