Archive for the ‘News’ Category
For Pension Funds, Crisis Spawns Search for a New Metric
March 8th, 2010
Posted in News, Real Estate Investors
For Pension Funds, Crisis Spawns Search for a New Metric
Uneven Seniors Housing Recovery Taking Shape, Says NIC
March 3rd, 2010
Posted in News, Real Estate Investors
Uneven Seniors Housing Recovery Taking Shape, Says NIC
New Fund Targeting Smaller Core-Plus Properties
March 3rd, 2010
Posted in News, Real Estate Investors
New Fund Targeting Smaller Core-Plus Properties
Rooftop Solar Rentals Generate Power and Revenue
March 1st, 2010
Posted in News, Real Estate Investors
Rooftop Solar Rentals Generate Power and Revenue
Landmark D.C. Building Earns LEED Gold Certification
March 1st, 2010
Posted in News, Real Estate Investors
Landmark D.C. Building Earns LEED Gold Certification
Smart Building Solution Enhances Energy Performance, Says Johnson Controls
March 1st, 2010
Posted in News, Real Estate Investors
Smart Building Solution Enhances Energy Performance, Says Johnson Controls
General Growth’s Reorganization Plan Seen as a Rebuke to Simon
February 25th, 2010
Posted in News, Real Estate Investors
General Growth’s Reorganization Plan Seen as a Rebuke to Simon
Economist: Washington’s Fixes Have Become the Problem
February 24th, 2010
Posted in News, Real Estate Investors
Economist: Washington’s Fixes Have Become the Problem
Trepp Moves Beyond CMBS, Purchases Foresight Analytics
February 24th, 2010
Posted in News, Real Estate Investors
Trepp Moves Beyond CMBS, Purchases Foresight Analytics
Global Commercial Property Sales Surge 85% In Fourth Quarter, Says RCA
February 23rd, 2010
Posted in News, Real Estate Investors
Global Commercial Property Sales Surge 85% In Fourth Quarter, Says RCA
NAR Sees Gloomy 2010, Better News in 2011
February 23rd, 2010
Posted in News, Real Estate Investors
NAR Sees Gloomy 2010, Better News in 2011
Sizing Up Stimulus Results
February 22nd, 2010
Posted in News, Real Estate News

A year into the American Recovery and Reinvestment Act, Newsweek checks in with a few local loan recipients. The big question: Did the money doled out by the government work as a stimulus or stopgap? The Polytechnic Institute of New York University picked up $4.2 million to put towards research on renewable energy, which could eventually result in new jobs and cheaper energy resources. However, for Peter Byrners, owner of the seven-person graphic design firm Lúgh Studio Inc. (at 138 Union Street, near Columbia Street), the $150,000 loan he received “enabled him to pay an outstanding American Express bill and payroll taxes, and provided a much-needed cash cushion. But it did not help him hire new workers, restore his company’s health insurance, or reinstate the employees’ 20 percent pay cut.” Greenwich Street Equities took out a loan to build Choice Hotel (at 611 DeGraw St, between Third and Fourth avenues), but it’ll be spent entirely on temporary jobs: “The $1.5 million loan for the boutique hotel will employ 50 to 60 subcontractors and construction workers until the property is completed.”
The Stimulus in My Neighborhood [Newsweek]
Photo from WSDM.
CityCenter Raises the Stakes in Vegas
February 19th, 2010
Posted in News, Real Estate Investors
CityCenter Raises the Stakes in Vegas
GGP Merger Would Make Simon A Force to Reckon With For Tenants and Lenders
February 17th, 2010
Posted in News, Real Estate Investors
GGP Merger Would Make Simon A Force to Reckon With For Tenants and Lenders
Tenants Appeal to Lease Auditors for Rent Relief
February 16th, 2010
Posted in News, Real Estate Investors
Tenants Appeal to Lease Auditors for Rent Relief
After a Stunning Transformation, Dubai Faces an Uncertain Future
February 16th, 2010
Posted in News, Real Estate Investors
After a Stunning Transformation, Dubai Faces an Uncertain Future
BOMA Unveils New Office Measurement Standard
February 16th, 2010
Posted in News, Real Estate Investors
BOMA Unveils New Office Measurement Standard
Lender Processing Licenses Maponics for Map Searches
February 16th, 2010
Posted in News, Real Estate Investors
Lender Processing Licenses Maponics for Map Searches
Bad CRE Debt Threatens U.S. Economy, Congressional Panel Concludes
February 12th, 2010
Posted in News, Real Estate Investors
Bad CRE Debt Threatens U.S. Economy, Congressional Panel Concludes
Piedmont, Former Wells REIT, Goes Public
February 11th, 2010
Posted in News, Real Estate Investors
Piedmont, Former Wells REIT, Goes Public
The Carlton Group to Auction $564 Million in Distressed Loans, Assets
February 9th, 2010
Posted in News, Real Estate Investors
Over the past week, the real estate investment banking firm Carlton Group received two major auction assignments totaling $564 million.
Out of Retreat: Private Equity Investors To Boost Real Estate Allocations in 2010
February 8th, 2010
Posted in News, Real Estate Investors
Out of Retreat: Private Equity Investors To Boost Real Estate Allocations in 2010
Building A Case for a Second-Half Recovery in 2010
February 8th, 2010
Posted in News, Real Estate Investors
Building A Case for a Second-Half Recovery in 2010
