Rents on vacation homes typically are cheap enough to be more attractive to travelers than traditional travel accommodations, but high enough to bring in more than enough cash to pay the mortgage and upkeep costs. Because vacation home rents for travelers are higher than long-term rents paid by conventional tenants,...
This article discusses responsibilities of the landlord, the landlord's property manager, and its leasing agents. The question it tries to address is what are the legal obligations to the victim, the existing tenants and their respective employees and invitees, and to prospective tenants? The aspects which have been covered in...
State-of-the-art features attract sophisticated tenants in a tepid office leasing market. The success of a multi-tenant, speculative office building is dependent on the developer's ability to convince tenants that by moving to its building they can expect to experience one or more of the following benefits: a reduction in operating...
--Liquidity of Iconic Building Endures amid Credit Crunch-- NEW YORK -- Metropolitan Real Estate Investors LLC, a New York-based, national investment company that last July led the investment group that bought Manhattan's iconic Lipstick Building at 885 Third Avenue, has successfully restructured the building's financing....
Investment by FTVentures to Expand Tax-Efficient Real Estate Investment Product Development and Distribution DENVER -- Welton Street Holdings LLC ("Welton Street"), parent company of Welton Street Investments LLC and Welton Street Advisors LLC, announced today that it has received a $14.4 million investment from FTVentures....
DALLAS -- The Dallas office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it closed the sale of The Colonnade, a Class AA, three-building office complex in Addison, Texas, on behalf of Equity Office a subsidiary of The Blackstone Group and JP Morgan Investment Management, Inc....
DALLAS, July 8 /PRNewswire/ -- Behringer Harvard announced today the sale of Enclave on the Lake, an approximately 171,000-square-foot office building in the Energy Corridor of west Houston, Texas. This disposition represents the successful full cycling of an asset that was one of the 36 properties...
Sonnenblick-Eichner Company announced todaythat it has arranged a $20,000,000 leasehold construction loan for MalibuLumber Shopping Center, located on the Pacific Coast Highway in Malibu,California. The loan, which was secured from a money center commercialbank, provides for up to 90% of the total project costs at an interest...
NEW YORK -- The New York office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it arranged a $90 million refinancing for 401 West 14th Street, a 62,199-square-foot retail and office building in Manhattan's Meatpacking District. Working exclusively on behalf of the owner, a...
PITTSBURGH, Pa. -- The Pittsburgh, Chicago and New York offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that they have been named to market for sale a new Class A office building portfolio consisting of approximately 453,000 square feet located in Cranberry, Pennsylvania. The...
Richard Winton started renovations on the 80-year-old Philtower last year with every hope of restoring downtown Tulsa's gothic tower to its Class A heritage. But few things surprised and pleased him more in that effort than the basement discovery of a beaten...
SAN ANTONIO, June 27 /PRNewswire/ -- North Carolina-based Oaks Development Group announced today the company closed on 7.9 acres in Westover Hills on San Antonio's fast-growing west side. The site, located on the south east corner of 151 and Westover Hills Boulevard, will be home...
MELVILLE, N.Y., June 25 /PRNewswire/ -- Goody's Family Clothing, Inc. (Goody's), which recently filed for Chapter 11 to restructure its operations, has selected DJM Realty, the leading national retail real estate disposition and restructuring firm, to exclusively manage the disposition project of 69 retail store leases...
Coventry cuts profit forecast Coventry Health Care Inc., of Bethesda, a managed care provider, cut its quarterly and full-year earnings forecast because of increased claims. Second-quarter earnings are expected to range from 55 cents to 57 cents a share, and full-year earnings per...
New Open Space, Food Market, Community Amenities Reconnect Pier 17 and Historic District to Fabric of Lower Manhattan NEW YORK -- General Growth Properties (NYSE: GGP) today released the details of a multi-faceted plan to redevelop the South Street Seaport and return the district to...
The Leaguers, Inc., one of the largest non-profit community organizations in the Newark area, and McGowan Builders, Inc., serving as general contractor, have broken ground for the two-story, 44,000 s/f Leaguers Headquarters and Head Start Building at 405-425 University Avenue in Newark, NJ. The total...
DENVER -- ALPS Holdings, Inc., a leading provider of outsourced solutions to the investment management industry, today announced that it has been retained by Dividend Capital Group to provide fund administration services to the Dividend Capital Global Real Estate Fund of Funds. Dividend Capital Group is a...
Nine outstanding programs from organizations aroundthe world representing both the public and private sectors have beenselected as winners in the first annual Sustainable Cities Awards program,sponsored jointly by the Financial Times and the Urban Land InstituteULI. The award winners were announced today in conjunction with aFinancial Times ULI...
Strengthens leadership position by combining U.S. tenant representation expertise with global platform and Corporate Solutions business CHICAGO and DALLAS, June 16 /PRNewswire-FirstCall/ -- Jones Lang LaSalle Incorporated , the world's leading financial and professional services firm specializing in real estate, and The Staubach Company,...
-- Announces Senior Leadership Changes -- -- Launches Orange County Asset Disposition Program -- -- In Talks with EuroHypo Bank for Additional Financing -- LOS ANGELES -- Maguire Properties, Inc. (NYSE: MPG), a Southern California-focused real estate investment trust, announced today...
Articles 2008-06-16
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