From Wednesday's Wall St. Journal came a piece describing the effects of few buyers for mortgage-backed securities and how that was affecting commercial real estate. ...
Tedeschi Realty Corp. of Rockland yesterday sold 25 shopping centers, most in Greater Boston, to a Colorado company for $377 million, in the largest transaction of its type in Massachusetts history. The Tedeschi family will continue to operate...
CBL & Associates became the second big mall REIT to approve a stock repurchase plan in recent weeks. CBL's board authorized the company to acquire up to $100 million in common stock in the next 12 months. ...
Savills, a London-based real estate services firm, has acquired Granite Partners LLC, a New York-based real estate investment banking company in a deal reportedly worth $54 million. ...
The seven-year bull run in global property and Real Estate Investment Trust (REIT) stocks finally stalled in the second quarter of 2007 in part due to the fall-out from the US subprime mortgage market, Standard & Poor's Index Services said in...