Spain has between 700,000 and 1.1 million unsold new homes following the 2008 collapse of its real estate market, according to The Telegraph. Moreover, in the last five years at least 400,000 private homes have been foreclosed upon. Last month, … Continue reading →
On December 6, Vornado Realty Trust closed on 114,000sf of retail space at Manhattan’s 666 Fifth Avenue, paying $708 million. The space is leased to Uniqlo, Hollister and Swatch. Spanish retail company Inditex (Zara) owns the remaining 38,750sf of retail … Continue reading →
In July the Montana Supreme Court ruled in Redding v. Montana that a TIC without usage rights is a security. A TIC (tenancy in common) is a property interest arrangement under which two or more people co-own real estate without … Continue reading →
The Basel III rules, which take effect next year, require European banks to hold more capital against loans secured by commercial property. As a result, banks are expected to sell more commercial loans and distressed assets, according to The Wall … Continue reading →
Amazon.com will spend over $1 billion to purchase 11 buildings (1.8 million square feet) in Seattle’s South Lake Union district for its corporate headquarters, according This Food & Drug Administration approved medication has succeeded to win hearts sildenafil samples of … Continue reading →
Brooklyn Heights Blog reports that commercial property sales in Brooklyn increased by 50 percent in the first half of 2012 compared to the first half of 2011. A
Continue reading →The CoStar Commercial Repeat Sale Indices (CCRSI) are based on 854 repeat sales in June 2012 and more than 100,000 repeat sales since 1996. The CCRSI offers the broadest measure of commercial real estate repeat sales activity. Some highlights of … Continue reading →
Washington Real Estate Investment Trust (WRIT) has acquired Fairgate at Ballston in Arlington, VA for $52.25 million (373.48/sf) in cash, according to The Here we list the best penis extenders available online in the viagra discount india UK. 2. In … Continue reading →
Partial interest deals are transactions in which investors take partial stakes in buildings instead of buying them outright. In 2011, partial interest deals accounted for $9.9 billion (63 percent), of the $15.7 billion in Manhattan office transactions, according to the … Continue reading →
The New York Times reports that Chinese tycoon Wang Jianlin’s will pay $2.6 billion to acquire AMC Entertainment – North America’s second largest movie theater company. AMC will be integrated into Mr. Wang’s Wanda Group – a made in China … Continue reading →