July 29, 2011
In a continued effort to pay back creditors following its bankruptcy filing, Lehman Brothers has tentatively agreed to sell the majority of its commercial real estate holdings in Rosslyn, Virginia, to Goldman Sachs.
July 29, 2011
Commercial real estate brokerage Cushman & Wakefield, accompanied by Spitzer Enterprises and CQI Associates, have earned the U.S. Green Building Council's LEED Gold certification for the office building 2001 K Street, NW in Washington D.C.
July 29, 2011
The reconstruction of a mixed use center planned for downtown Boca Raton, Florida, has been announced this week.
July 29, 2011
UNR Holdings has announced that phase three and four of its Nemchinovka Development have been completed.
July 28, 2011
As commercial real estate prices continued to rebound over the last 12 months, CB Richard Ellis saw its second quarter profits rise by 12 percent on higher revenue.
July 28, 2011
As the U.S. economy continues its slow recovery, rental values in the property market have yet to turn around.
July 27, 2011
The 42-story, 1,650,000 square foot Avenue of the Americas building has been refinanced for $372 million.
July 26, 2011
A report this week from Moody's found that the climate for U.S. commercial real estate properties is improving, despite the slowly recovering economy.
July 22, 2011
Sales of global commercial real estate in the second quarter were up 47 percent from one year ago, and are expected to hit $440 billion for the year.
July 21, 2011
Commercial real estate and residential properties have begun to stabilize in Dubai, especially those in the high-end sector
July 21, 2011
Gatehouse Bank from the United Kingdom has purchased a 265-apartment complex in College Station, Texas, that is valued at $50 million.
July 21, 2011
The first yuan-denominated bond fund for the purchase of Australian real estate was introduced by Agincourt Capital last week.
July 20, 2011
For the first time in more than six months, U.S. commercial property prices increased in May due to the fact that the distressed real estate market improved.
July 19, 2011
AVR Realty Company purchased 5 Times Square in February of 2007 for $1.28 billion and is now putting the property back on the market, hoping to turn a profit.
July 19, 2011
A recent report by global property company Knight Frank has found that real estate volume sales are at its lowest since 2007 in Mumbai.
July 18, 2011
The American Realty Capital Healthcare Trust has agreed to purchase 12 income-producing healthcare facilities for $257.5 million, which increases the total size of its commercial real estate portfolio to 17 properties, worth $307.1 million.
July 15, 2011
In what is being touted as one of the largest commercial real estate sales in Los Angeles County since the turn of the century, the new Warner Center apartment complex has been sold for almost $133 million.
July 15, 2011
Direct real estate investment activity during the first quarter of 2011 was up 32 percent from last year and the second quarter saw that growth continue.
July 14, 2011
A study commissioned by the Commercial Real Estate Women Network (CREW) last October found that an increasing number of females are entering the commercial real estate industry, but they may not be paid as well as their male counterparts.
July 14, 2011
Amidst fears of a price bubble in its commercial real estate market, the Reserve Bank of India has asked banks to slow lending in the sector.
July 12, 2011
California-based Kennedy Wilson, an international real estate investment and services firm, announced that it closed two transactions worth $147 million last week.
July 11, 2011
While Thailand's political future has remained uncertain, and at times unstable, since the military coup in 2006, experts predict the real estate sector will continue to grow.
July 11, 2011
During 2010 the European commercial real estate market struggled to keep up with America, but experts believe that is beginning to change.
July 11, 2011
There has been an increasing amount of activity within the investment and office commercial real estate markets in Denmark.
July 08, 2011
The largest city in central China, Wuhan, will soon be home to the world's third tallest building. The Greenland Group will construct the global center with a high reception capacity in the city's business district.
July 07, 2011
The real estate investment side of Deutsche Bank, RREEF recently announced it had purchased a trio of properties for a total of $151 million.
July 06, 2011
Ericsson telecom company has agreed to rent 260,000 additional square feet of commercial office space which used to house the former Nortel Networks Corporation in Richardson, Texas.
July 05, 2011
The majority interest in the former International Toy Center, located at 200 Fifth Avenue in Manhattan, is being sold by Lehman Brothers Holdings, to JPMorgan Asset Management.
July 05, 2011
During the second quarter of 2011, the commercial retail property market in Australia grew by 432 percent over first quarter's abysmal numbers.
July 05, 2011
The U.S. assets and platform of Centro Properties Group and its managed funds have been sold to BRE Retail Holdings for approximately $9 billion. BRE is an affiliate of Blackstone Real Estate Partners.
July 01, 2011
Downtown Tampa's iconic Rivergate Tower sold for $22 million in a foreclosure sale this week.
July 01, 2011
Harvest Properties has purchased the six, two-story multi-tenant buildings known as the Central Park Plaza Office Campus with partner Stockbridge Real Estate for an undisclosed sum.
