NEW YORK CITY-MetLife retains a Holliday Fenoglio Fowler team to market a six-multifamily portfolio in five states. Five HFF offices are coordinating on the effort.
NEW YORK CITY-The REIT structure will continue to become more predominant on the global front, according to a speaker at a Fiabci luncheon, who also calls real estate "the last local asset class."
NEW YORK CITY-Thanks in part to a $31-million financing package, a parking garage in the NoHo neighborhood will be demolished and transformed into a luxury condominium building.
NEW YORK CITY-In its forecast for the upcoming year, Grubb & Ellis anticipates moderate economic growth that will be enough to propel the national leasing market forward and bring increased absorption and slightly higher rents.
NEW YORK CITY-In another case of taking an early renewal, the intimate apparel manufacturer inks a 15-year deal and grabs an additional 16,500 sf in the site. The space is being used for its US corporate headquarters and showroom space.
NEW YORK CITY-In an election outlook, Standard & Poors concludes that issues such as terrorism and the economy will override any policies either presidential candidate hopes to instill. While oil prices will be an issues in the short term, entitlements will be a tremendous issue starting in 2010.
BOSTON-Deutsche Bank gains a key multifamily component as Berkshire Mortgage Finance becomes part of Deutsche's Global Real Estate Debt Markets group within the bank's Global Corporate Finance business
ATLANTIC CITY, NJ-Trump Hotels & Casino Resorts will go through bankruptcy court after reaching agreements with bondholders on a reorganization plan.