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Title: Real Estate/News and Media - Commercial Real Estate Direct Provides daily news articles covering with a focus on CMBS, REITs and high value property sales. |
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Intercontinental_Exports Specializing in fresh and processed fruits and vegetables, spices and unrefined sugar. Also provides market research, international business development and consulting. Andhra Pradesh, India.
| Professional_Inspection_Training_Institute_(PITI) Offering extensive, hands-on home inspection training. Includes courses, class schedule, registration, classroom tour. Based in Leawood, Kansas.
| Draxis_Health_Inc_ Researches, acquires, develops and markets prescription pharmaceuticals for the treatment of parkinson's and alzheimer's disease. (Nasdaq: DRAX).
| Domino, Domino is a world leader in the manufacture and supply of industrial ink jet and laser printing equipment used where customers need to print or code variable information onto their products
| Carol_Anderson_Associates Manufacturer and distributor of lambswool dusters.
| Optical_Toys Produces toys made from paper including movies, puzzles and books.
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Commercial Real Estate Direct - Home
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Behringer Harvard Buying D.C. Office Building for $108Mln Monday, 06 October 2008
The Dallas investment manager is buying a 245,000-square-foot office building at 840 First St. NE in downtown Washington, D.C., from Stephen A. Goldberg Corp. The property is fully leased to a health insurer through 2013.
Register to read more... Bailout Law Not Seen Jump-Starting Loan Sales Monday, 06 October 2008
Don't expect passage of the Emergency Economic Stabilization Act of 2008 to significantly change the volume of commercial mortgages being offered or traded on the secondary market. Potential sellers are largely sitting on the sidelines trying to figure out what impact the government's plans will have on the broader markets.
Register to read more... Law Prompts Healthcare REITs to Shift Investment Tactics Friday, 03 October 2008
Healthcare REITs are poised to dramatically change how they invest because of legislation that enables them to more directly participate in their properties' performance. One healthcare REIT is making a $643.5 million acquisition to take advantage of the change and much of the rest of the industry is looking to do likewise.
Register to read more... CMBS Issuance Vanished in 3Q; Runs 94 Percent Behind Last Year Thursday, 02 October 2008
With no domestic CMBS issuance during the third quarter, overall volume so far this year is 94 percent behind last year's $197.2 billion. Prospects for any substantial increase in this year's $12.1 billion of issuance grow dimmer daily.
Register to read more... Blackstone Mulls Sale of Pittsburgh Office Tower Wednesday, 01 October 2008
Blackstone is considering offering for sale Dominion Tower, a 620,000-square-foot office building in downtown Pittsburgh. The New York investor has tapped Holliday Fenoglio Fowler to explore the possibility of selling the 32-story building. The buzz is that Blackstone would pull the trigger on a sale if it thought it could get $90 million.
Register to read more... Revised Bailout Bill Changes Fair-Value Accounting, Kills Partnership Tax Wednesday, 01 October 2008
The revised banking bailout bill that the U.S. Senate is slated to vote on tonight would give the SEC leeway to suspend the application of fair-value accounting rules. It also extends exemptions to the Alternative Minimum Tax, but without a proposed revenue offset in the form of a tax on investment partnerships.
Read more... Litigation May Doom $2Bln Northland-Tarragon Venture Tuesday, 30 September 2008
A $2 billion multifamily venture between Northland Investment Co. and Tarragon Corp. appears doomed. Both sides have accused the other of scuttling efforts to have the venture assume $410 million of debt on part of a proposed portfolio acquisition.
Register to read more... CBRE Seen Paying $250Mln for Houston's Post Oak Central Monday, 29 September 2008
The buzz is that CB Richard Ellis Investors is paying $250 million for Post Oak Central, a 1.3 million-square-foot office complex in Houston. The Los Angeles investment manager is purchasing the three-building property from a venture between JPMorgan Asset Management, GE Pension Trust and Morgan Stanley Real Estate. Holliday Fenoglio Fowler has the listing.
Register to read more... Minneapolis' Marquette Plaza on Sales Block Friday, 26 September 2008
Marquette Plaza, a 540,000-square-foot office building in downtown Minneapolis is being offered for sale by its Las Vegas owner, who hopes to achieve a $100 million sales price. The 15-story building is being listed through Colliers Turley Martin Tucker and Cassidy & Pinkard Colliers.
Register to read more... Government Bailout Could Cause New Woes for Commercial Real Estate Friday, 26 September 2008
The federal government's securities industry bailout plan runs a risk of creating new problems for commercial real estate markets. Torto Wheaton, among others, sees it crippling some investors' confidence in U.S. markets in the near term, and JPMorgan sees tighter regulations impacting institutions' ability to lend down the road.
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