DULLES, VA-The Internet provider that sparked a technology tenant revolution in the Northern Virginia market, making it a destination location, is suffering from the same technology crash. It's impact on the climate here could be huge.
DULLES, VA-The Internet provider that sparked a technology tenant revolution in the Northern Virginia market, making it a destination location, is suffering from the same technology crash. It's impact on the climate here could be huge.
NEWARK, NJ-Prudential Mortgage Capital Co. has completed a CMBS securitization of 119 fixed-rate mortgage loans secured by commercial and multifamily properties. The conduit deal was named ROCK 2001-C1 and was sold through Merrill Lynch and Salomon Smith Barney.
NEW YORK CITY- Mark Gordon, a managing partner in Sonnenblick-Goldman's International Lodging and Leisure Group, says there is unmistakably a slowdown; however, capitalization rates have not changed significantly, and hotels here are performing well.
WASHINGTON, DC-The National Association of Realtors and Camara Argentina de la Propriedad Horizontal y Actividades Immobiliarias have concluded joint meetings here and signed a historic alliance agreement.
NEW YORK CITY- Mark Gordon, a managing partner in Sonnenblick-Goldman's International Lodging and Leisure Group, says there is unmistakably a slowdown; however, capitalization rates have not changed significantly, and hotels here are performing well.
WASHINGTON, DC-Fannie Mae announced today (Monday, May 21) that it will redeem the principal amounts on securities issues, as it also did on Friday, May 18 and Thursday, May 17.
ATLANTIC CITY-Two lots will be sold in the heart of the city's casino gaming area. The properties are zoned for development and will likely become part of the neighborhood's casino expansions currently underway.
PRINCETON, NJ-Lawrence Zirinsky Associates, now operated by the third generation of the Zirinsky family, has bought out the remaining interest in an office park here from its former joint venture partner, the estate of Rodman Rockefeller.
JERSEY CITY, NJ-The New York Chapter of NACORE hosted experts to speak on Friday, May 18 on why the market here has become so strong, luring away businesses from across the River.