May 21
7:30 AM marketwire Apollo Commercial Real Estate Finance, Inc. to Present at Keefe, Bruyette & Woods Mortgage Finance Conference NEW YORK, NY--(Marketwired - May 21, 2013) - Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") ( NYSE : ARI ) today announced Stuart Rothstein, the Company's ... May 21
7:11 AM nreionline PM Hospitality Strategies To Manage Homewood Suites in Oakland Hotel management company, PM Hospitality Strategies has added another West Coast property to its management portfolio. The Washington, DC-based company will now manage the132-key ... May 21
7:11 AM nreionline Hutton Cos. Begins Construction of La Verne Village Construction has begun on La Verne Village, a mixed-use development in La Verne, Calif. The $43 million project is being developed by Hutton Cos. and was designed by KTGY Group ... May 21
6:38 AM bizjournals Duke Realty puts 17 office buildings up for sale Duke Realty Corp. plans to sell 17 office buildings in Cincinnati, Cleveland and St. Louis as part of its strategy to rebalance its portfolio which is heavily weighted in Midwest ... May 21
6:31 AM nreionline Sabra To Offer $200M Senior Notes Subsidiaries of Sabra Health Care REIT Inc. will offer $200 million aggregate principal amount of senior notes due 2023. BofA Merrill Lynch, Barclays, RBC Capital Markets, and ... May 21
6:00 AM bizjournals California real estate firm iCORE Global expands to San Antonio San Jose, Calif.-based real estate firm iCORE Global has added another Texas town to its list of locations — San Antonio. The office is located at Northwood Tower in Northeast ... May 20
11:46 PM nreionline Omnicom Renews 112,000 SF at Michigan Plaza The advertising firm is now the second largest tenant at the massive two-building office plaza downtown. read more May 20
11:44 PM nreionline Mining Firm Closes HQ Lease for Chicago Move Coeur d’Alene, a gold and silver producer, has taken 30,000 sq. ft. at the Monroe Building. read more May 20
11:41 PM nreionline Hilton Signs at Former Goodyear HQ Project The 1.7-million-sq.-ft. East End complex will also have multifamily, retail and offices. read more May 20
8:13 PM nreionline Crossroads Companies Tapped as Leasing Agent, Property Manager for Veterans Square Shopping Center in Lyndhurst Crossroads Companies LLC has been tapped to serve as leasing agent and property manager of Veterans Square Shopping Center, a 144,400-sq.-ft. shopping center located on New York ... May 20
8:11 PM nreionline Jeffrey Siegel, ML7 Affiliate Receive $8.2M Loan for Princeton Mixed-use Property Cushman & Wakefield has served as exclusive advisor to Jeffrey Siegel and an affiliate of ML7 in arranging an $8.2 million fixed-rate loan for 5-13 Witherspoon Street in ... May 20
8:08 PM nreionline Indianapolis-based Duke Realty Picks Up Cranbury, NJ Industrial Property in Off-market Deal Savills LLC, with North American headquarters in New York, has advised Deka Immobilien of Germany on its disposition of the Deka Special Fund’s two-building industrial property in ... May 20
8:05 PM nreionline Jack Pierson Studio Picks Up New Studio Space in Queens for $1.3M Jack Pierson Studio has paid $1.3 million to acquire 16-13 Stephen Street in the Ridgewood section of Queens, N.Y., an, 8,800-sq.-ft. property that was the site of a former ... May 20
8:02 PM nreionline Environmental Defense Fund Renews Lease at Gramercy Park Building for 10-Year Term Environmental Defense Fund (EDF) has renewed its 44,010-sq.-ft. lease at 257 Park Ave. South, the Gramercy Park Building. read more May 20
6:55 PM nreionline Euphoria Reigns at RECon Observations from the first day of ICSC's RECon 2013 convention. First Word read more May 20
4:31 PM nreionline Room Left for Malls in the U.S. Infill sites in markets with under-served populations may still offer mall development opportunities. TrafficCourt read more May 20
4:08 PM nreionline Restaurants, Luxury Tenants are Once Again in Expansion Mode Tenants are still concentrating on urban markets, however. read more May 20
3:45 PM bizjournals NM must educate workforce better to turn jobs picture around, panelists say Commercial real estate leaders gathered in Albuquerque Monday to hear three panelists discuss the educational and economic picture in New Mexico and how it can be improved. The ... May 20
3:15 PM marketwire Apollo Commercial Real Estate Finance, Inc. Closes Two Mezzanine Loan Transactions Totaling $76 Million NEW YORK, NY--(Marketwired - May 20, 2013) - Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") ( NYSE : ARI ) today announced the closing of two mezzanine loan ... May 20
2:24 PM bizjournals McGraw-Hill moving operation from DeSoto to Ohio New York City-based McGraw-Hill Cos. Inc., an affiliate of McGraw-Hill Financial Inc. (NYSE: MHFI), plans to move its large southwest regional distribution hub from North Texas to ... May 20
2:05 PM bizjournals Williams-Sonoma expands call center in The Colony San Francisco-based Williams-Sonoma Inc., a specialty home furnishings and gourmet cookware retailer, has expanded its call center in North Texas. The retailer has signed a lease ... May 20
1:49 PM bizjournals New talks could save Prop. 13 reform for commercial property taxes California's Assembly has postponed a controversial proposal to hike commercial property taxes, but the bill’s author says it’s not dead yet. Assembly Bill 188 was introduced ... May 20
1:19 PM bizjournals Duke Realty puts Towers of Kenwood, 16 other Midwest office buildings up for sale Duke Realty Corp. is putting 17 office buildings in Cincinnati, Cleveland and St. Louis up for sale. In Cincinnati, the eight buildings going up for sale include the Towers of ... May 20
12:51 PM bizjournals Real Estate Roundup: Transactions for May 20 These are the latest commercial real estate transactions submitted to the Business Journal's Real Estate Roundup database. Submit your transactions here. Pooneh Gray paid $4.2 ... May 20
11:26 AM bizjournals Some Louisville commercial real estate brokers are more local than others I compile a lot of data for lists. Sometimes, I wake up in the morning thinking about data and the number crunching I am going to be doing that day at work. In some cases, the ... May 20
11:24 AM bizjournals CBRE Global eyes 31-story Three Ravinia Drive tower Another deal to buy the 31-story Three Ravinia office tower on the Atlanta Perimeter is close to getting done. CBRE Global Investors has the building under contract, according to ... May 20
10:10 AM bizjournals South Georgia manufacturer moves to Jacksonville, picks Tradeport space Corys Thunder, a manufacturing company relocating from South Georgia, has chosen its Northeast Florida location: 1351 Tradeport Drive, in the Jacksonville International Tradeport ... May 20
9:06 AM nreionline Cost Reductions Push Net Zero Starts in Seniors Housing Net zero energy design is beginning to take hold in the U.S. seniors housing industry, thanks to building cost reductions and other factors. read more May 20
8:59 AM nreionline U.S. Seniors Firms Enter China, Pushing Quality Care As China's aged population increases and its home-care culture changes, the country is reaching out to U.S. seniors housing developers. read more May 20
8:30 AM bizjournals New talks could save Prop. 13 reform for commercial property taxes California's Assembly has postponed a controversial proposal to hike commercial property taxes, but the bill’s author says it’s not dead yet. Assembly Bill 188 was introduced ... May 20
7:46 AM bizjournals Jackson Lewis leads Wells Fargo Center's lease deals Feldman Equities Inc. and Tower Realty Partners recently completed four leasing transactions at Wells Fargo Center in downtown Tampa. The joint venture purchased the office ... May 20
7:29 AM bizjournals Kemper announces $1.2B Bellevue Collection expansion Kemper Freeman's Kemper Development Co. said it plans to add 2 million square feet of retail, office, hotel, residential, dining and entertainment space to its Bellevue Collection ... May 20
7:24 AM nreionline Trion Properties Purchases Two Multifamily Properties Trion Properties has purchased two multifamily properties for a total of $7.25 million, in two different transactions. The properties are located in El Cajon, Calif. and ... May 20
7:24 AM nreionline Lucent Capital Arranges $11.05M in Permanent Financing Lucent Capital has arranged $11.05 million in permanent financing to recapitalize two Southern California properties owned by a Beverly Hills-based investment group. read more May 20
7:24 AM nreionline Imperial Promenade Reaches 100% Occupancy In a two-year period, Imperial Promenade went from 30-percent vacancy to 100 percent occupied thanks to a variety of leases. The property is owned by a partnership between ... May 20
7:00 AM marketwire Omega Commercial Finance Corporation Implements $10MM Direct Public Offering Capital Markets Plan to Support Their Small Balance Commercial Real Estate Lending Product MIAMI, FL--(Marketwired - May 20, 2013) - Omega Commercial Finance Corporation ( OTCQB : OCFN ) has $10-Million available to them in the event they can sell the shares at the ... May 20
3:03 AM wsj Chinese Credit Surge Raises Property Fears Surging credit has kept China's real-estate sector humming in the teeth of a renewed attempt by the government to bring prices under control, risking a destabilizing correction in ... May 19
11:52 PM nreionline Horizon, CBL Partner for New KY Outlet Center The 370,000-sq.-ft. center is already 75 percent leased to major retailers. read more May 19
11:44 PM nreionline Wexford Plans $73M Redo of Heritage for R&D Washington University has signed on to be an anchor tenant, taking 69,000 sq. ft. read more May 19
11:17 PM costar Rolls-Royce Office Complex Sells for $79.1M American Realty Capital Trust IV, Inc. has acquired the Rolls-Royce Meridian Center office complex at 450-525 S. Meridian St. in Indianapolis, IN from Eli Lilly and Company for ... May 19
10:23 PM costar Kimco Acquires Ptnr's Stake in Marketplace at Factoria Kimco Realty Corp. (NYSE: KIM) has acquired a majority of its joint-venture equity partner's ownership interest in the Marketplace at Factoria in Bellevue, WA in a transaction ... May 19
12:53 PM nreionline Mill Creek Residential Trust Plans Groundbreaking for New Morristown Multifamily Property On Tuesday, May 21, Mill Creek Residential Trust will break ground on phase I of Latitude, a luxury multifamily apartment community located on Early Street in Morristown, N.J. ... May 19
12:51 PM nreionline TG Acquisitions Picks Up Woodbridge Shopping Center for $6.3M TG Acquisitions LLC has paid $6.3 million for the acquisition of a 74,618-sq.-ft. shopping center located at 755-789 St. Georges Ave. in Woodbridge, N.J. read more May 19
12:49 PM nreionline Prism Capital Partners, Angelo, Gordon & Co. Team Up To Acquire Princeton Pike Corporate Center Prism Capital Partners LLC, along with Angelo, Gordon & Co., have teamed up for the acquisition of Princeton Pike Corporate Center, an eight-building, class-A office park in ... May 19
12:46 PM nreionline Shawmut Design and Construction Completes Kate Spade New York Flagship Shawmut Design and Construction has completed the build-out 7,900 sq.ft. of space at 789 Madison Ave., which serves as the first flagship location for kate spade new york. read ... May 19
12:44 PM nreionline Orange Business Services Signs 17,000 SF Sublease in Midtown Orange Business Services has signed a 17,000-sq.-ft. sublease at 10 East 40th Street in Midtown where it will occupy the entire 11th floor. read more May 19
12:42 PM nreionline Lightstone Value Plus REIT Picks Up Two Baton Rouge Hotels for $15.6M New York-based Lightstone Value Plus Real Estate Investment Trust Inc. has acquired two hotels, Courtyard by Marriott and Residence Inn by Marriott, in Baton Rouge, La. for $15.6 ... May 18
9:49 AM nreionline Wall Street Analysts Cautious on Multifamily REITs New construction of apartments and a revived market for single-family, for-sale homes will provide more competition for rental apartments this year, dimming prospects for ... May 17
7:59 PM bizjournals Bloomingdale’s, Castle foundation show improved perceptions of Hawaii’s economy Two breaking news stories on Friday underscored the fact that Hawaii’s economy is on an upswing — the swanky New York City department store Bloomingdale’s is coming to Ala Moana ... May 17
3:46 PM bizjournals Rising Hawaii land values prompt Kaneohe Ranch to list property portfolio A recent valuation of Kaneohe Ranch’s holdings, which include the town center in Kailua in Windward Oahu, prompted the Harold K.L. Castle family to put the entire commercial real ...