Real Estate

First reported 8 hours ago - Updated 12 mins ago - 4 reports

10 Must Reads for the CRE Industry Today (July 28, 2014)

Dollar Tree to Buy Family Dollar for $8.5 Billion “Dollar Tree agreed on Monday to buy Family Dollar Stores for about $8.5 billion in cash and stock, uniting two of North America’s biggest deep-discount retailers. The deal comes amid pressure on Family ... [Published National Real Estate Investor - 56 mins ago]
First reported 8 hours ago - Updated 23 mins ago - 55 reports

This Is Awkward, but I Know How Much Your House Cost

This is sort of awkward to bring up, but... I know how much you paid for your house. I also know how many bedrooms your house has, how many bathrooms, how many levels, how many square feet. I know the year it was built. I know what your mortgage payment ... [Published Yahoo! Finance - 36 mins ago]
First reported 16 hours ago - Updated 57 mins ago - 2 reports

National auction market softens after drop in Melbourne

in Auction results, National MarketRP Data National Auction Comment, week ending 27 July, 2014A preliminary weighted average clearance rate of 67.3 per cent was recorded this week across capital cities compared to 69.3 per cent last week and 65.3 per ... [Published RP Data - 57 mins ago]
First reported 19 hours ago - Updated 1 hour ago - 4 reports

Now is the time to sell UK property

, according to homeowners.The latest survey by Halifax reveals that 57 per cent of Brits feel it will be a good time to sell in the next 12 months, exceeding those who think it will be a bad time (32 per cent). This is the highest score of this measure ... [Published HomesGoFast.com - 1 hour ago]
First reported 21 hours ago - Updated 1 hour ago - 10 reports

NAB sells £625m portfolio of distressed real estate loans to Dan Quayle’s ‘hellhound’ fund

Yorkshire Bank’s Australian owner has sold a £625m parcel of troublesome commercial property loans to a venture capital fund headed by a former vice president of the United States.National Australia Bank said the transaction with Cerberus Global Investors, ... [Published Yorkshire Post - 1 hour ago]
First reported 10 hours ago - Updated 2 hours ago - 2 reports

TIAA acquires TK Maxx unit in Glasgow on behalf of Warburg – Henderson

TIAA Henderson Real Estate (TH Real Estate), on behalf of its German joint venture, Warburg - Henderson, has acquired 36-48 Argyle Street in Glasgow, TK Maxx’s flagship Scottish store, in a £21.5m deal. The asset was acquired from clients of Orchard Street ... [Published Property Magazine International - 2 hours ago]
First reported 7 hours ago - Updated 2 hours ago - 2 reports

Greystone Appoints New Managing Director

NEW YORK CITY—Greystone has hired Nikhil Kanodia has joined as a managing director. He joins the mortgage provider from Deutsche Bank’s real estate, gaming, lodging and leisure investment banking group, where he spent 10 years covering clients and executing ... [Published GlobeSt.com - 3 hours ago]
First reported 7 hours ago - Updated 3 hours ago - 2 reports

Equinox to pay $110M for remainder of Millennium's fitness-club portfolio

Equinox Fitness Clubs has agreed to pay $110 million for a portfolio of properties in Boston and other major U.S. cities from an affiliate of Millennium Partners.The deal is expected to close by end of business today and marks the completion of a broader ... [Published Business First of Buffalo - 3 hours ago]
First reported 10 hours ago - Updated 4 hours ago - 4 reports

AXA Real Estate buys Park Kolonnaden in Berlin

THOMAS DAILY News28/07/14AXA Real Estate has acquired the Park Kolonnaden at Potsdamer Platz in Berlin for €50mn. The mixed-use building was sold by a HVB Immobilien subsidiary. The property offers 17,417 sqm of usable space on eight floors, 17,748 sqm ... [Published Thomas Daily - 4 hours ago]
First reported 10 hours ago - Updated 4 hours ago - 3 reports

The world's richest are getting richer

THE world’s super-rich are growing in number and are on the move. The global economic recovery, particularly since 2009, has given rise to a relatively new category of wealthy people known as ultra-high-net-worth individuals.According to private wealth ... [Published BDlive - 4 hours ago]
First reported 12 hours ago - Updated 4 hours ago - 5 reports

Blackstone in £320m deal for London City commercial property

Global private equity giant Blackstone has bought a central London commercial property from Brookfield Property Partners .The firm has paid £320m for the 330,000 square foot building at 125 Old Broad Street which houses property services company DTZ and ... [Published AltAssets.net - 4 hours ago]
First reported 17 hours ago - Updated 5 hours ago - 3 reports

Levitt Celebration Sundays Music Series Kicks Off

The new Levitt Pavilion for the Performing Arts tonight kicked off its Celebration Sundays Music Series with a performance by The Hot Sardines featuring hot jazz, salty stride piano, and the kind of music Louis Armstrong, Django Reinhardt, and Fats Waller ... [Published Westport Now - 17 hours ago]

Quotes

...heartland that could serve the central part of the country," said Peter Nero, vice president of real estate for Sears Hometown and Outlet Stores. "Secondly, we already had a presence there and good response in the marketplace for our retail store. Thirdly was the workforce that existed…"
"Timber markets are local markets, and in this environment of gradual growth, we are seeing significant variability in the pace of demand improvement from one local market to the next. At the same time, we expect to realize improving market opportunities as demand grows and customers complete capital improvement projects in late 2014 and throughout 2015. We are using our market insight and exercising our operational flexibility to adjust our local harvest plans to maximize the value of our timber assets for our investors. In these markets, we are shifting some harvest volume to future periods when we expect prices to be better" continued Holley
"Attracting fifty companies to The GATE in less than five years is a substantial accomplishment that validates our corporate decision to invest significant financial and personnel resources to this development, which now houses dozens of the most recognizable names in the defense contracting industry" says Lawrence F Maykrantz , president of St. John Properties, in a prepared statement
"Dunkin Donuts is one of the world's leading brands, and a favorite among New Jersey residents," said Mercado. "Three separate Dunkin Donuts operators were vying for this particular space, which is a real testament to Clifton Plaza's standing as a highly sought-after retail destination. Dunkin Donuts will be a phenomenal addition to our existing tenancy, and a wonderful amenity for both Clifton Plaza's visitors as well as those who live and work in the community."

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Real Estate Expert Macodou N'Daw Publishes New ... [Published Wall Street Select - 7 mins ago]
Sears: KC is ideal location for new distributio... [Published Business First of Buffalo - 8 mins ago]
Former Masons building in midtown available for... [Published Business First of Buffalo - 8 mins ago]
Brandywine Realty : Announces Commencement of P... [Published 4 Traders - 13 mins ago]
Brandywine Realty Trust Announces Commencement ... [Published WDAM-TV - 13 mins ago]
How to find the next hot neighbourhood [Published Canadian Real Estate Magazine - 14 mins ago]
Celebrity Real Estate: Mad Men actor Vincent Ka... [Published Atlanta Journal And Constitution - 17 mins ago]
The I-55 corridor is blazing hot [Published REJournals.com - 17 mins ago]
Plum Creek Reports Results for Second Quarter 2... [Published BusinessWeek - 20 mins ago]
DRS Technologies Takes Space at The GATE [Published GlobeSt.com - 21 mins ago]
IN-DEPTH: MetLife JV buys fourth property for $... [Published Institutional Real Estate - 22 mins ago]
Nontraded REIT liquidity events bring profits, ... [Published Investment News - 22 mins ago]
Levin Management Adds Dunkin' Donuts to Clifton... [Published Prlog - 23 mins ago]
GGP Reports Second Quarter 2014 Results [Published Wall Street Select - 25 mins ago]
Traffic Alert: Right lane of I-65 N. closed in ... [Published Louisville Channel - 29 mins ago]
JLL Names Managing Director of Multifamily Sale... [Published CoStar Group - 29 mins ago]
Kaufman Building in downtown Wichita under new ... [Published Business First of Buffalo - 29 mins ago]
GSA sets stage for major office consolidation f... [Published Business First of Buffalo - 29 mins ago]
Taylor Morrison continues to stockpile land wit... [Published Business First of Buffalo - 29 mins ago]
What’s up with West Ave? [Published Business First of Buffalo - 29 mins ago]
National rental homes owner buys big in Memphis [Published Business First of Buffalo - 30 mins ago]
Learn from your own referrals [Published Advisor.ca - 31 mins ago]
L+M Development Opens Final Phase of Candlestic... [Published Multi-Housing News - 33 mins ago]
This Is Awkward, but I Know How Much Your House... [Published Yahoo! Finance - 36 mins ago]
The Vermont Sells for $283M in LA's Koreatown N... [Published CoStar Group - 37 mins ago]
KBS REIT Pays $51M for Northland Ctr in MN [Published CoStar Group - 37 mins ago]
Centerline : Capital Group Officially Renamed H... [Published 4 Traders - 40 mins ago]
Even If This Is A Bubble – Predicting Is Hard [Published Value Walk - 41 mins ago]
North Lincolnshire Housing Strategy gets into f... [Published Property Magazine International - 42 mins ago]
ICSC highlights need for balanced national plan... [Published Property Magazine International - 42 mins ago]
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