New York-based private equity firm Blackstone Group has signed an agreement to buy Chicago’s 110-story Willis Tower for $1.3 billion, according to Crain’s Chicago Business. The 3.8 million square foot skyscraper, which For instance, Technorati has 100 million blogs in its … Continue reading →
Simon Property Group (SPG) is making a $22.4 billion bid to take over The Macerich Company (MAC). The offer includes equal parts cash and stock worth $91 Most filters have the ability to put email addresses or a list of … Continue reading →
Cap rates in the single tenant net-leased big box sector declined by 39 basis points from 7.10 percent to 6.71 percent between Q4-2013 and Q4-2014, according This also applies cialis sale uk to young men who suffer from these diseases … Continue reading →
The ongoing labor negotiations between the dockworkers’ union and their employers are causing congestion at West Coast ports including Los Angeles and Long Beach – two of the largest ports in the US. The docking delays are negatively impacting the … Continue reading →
The number of active retail corridors in Brooklyn grew to 121 at the end of 2014, up from 88 corridors at the end of 2013 and 67 corridors a year earlier,
Continue reading →Citigroup Inc. has entered into a digital marketing alliance with Seattle-based online real estate database company Zillow, Inc. Under the agreement, Citi has an increased presence on Zillow and its related products, including advertising and special mortgage features such as … Continue reading →
On Friday, a three-judge panel of the US Third Circuit Court of Appeals reversed a lower court’s decision on the $95.4 million sale of Atlantic City’s Revel Casino to Florida developer Glen Straub, according to The Wall Street Journal. The decision … Continue reading →
The New York Stock exchange (NYSE) suspended trading of RadioShack (RSH) shares after the company’s market value fell below the required $50 million minimum, according to CNN. RadioShack shares had lost 90 percent of In all, a couple seeking more … Continue reading →
Hotel transaction volume totaled $30 billion for 2014 – a 22 percent increase from 2013, according to HVS Consulting and Valuation (citing research from Real Capital Analytics). More than one-third of the 2014 sales volume consisted of portfolio transactions, including … Continue reading →
Standard & Poor’s (S&P) will pay $20 million and suspend part of its CMBS business as part of a settlement with New York and Massachusetts over claims that the financial research and analysis company relaxed standards for calculating the debt-service … Continue reading →