NEW YORK CITY-iStar chair and CEO Jay Sugarman files papers with the SEC to sell a portion of his company stock over time. According to the filing, he's doing so as part of a strategy for asset diversification and liquidity.
WASHINGTON, DC-The BRAC Commission voting process enters its final days with the group voting against a number of the Department of Defense's recommendations.
NEW YORK CITY-In an effort to increase the percentage of adequate housing stock from 40% to 100%, the Air Force plans to send out a request for proposal later this year for an approximately $500-million housing privatization effort at seven bases.
NEW YORK CITY-In an effort to increase the percentage of adequate housing stock from 40% to 100%, the Air Force plans to send out a request for proposal later this year for an approximately $500-million housing privatization effort at seven bases.
WASHINGTON, DC-On this first day of voting on base closure, the commission selects to keep the Naval Submarine Base in Groton, CT and the Portsmouth (NH) Naval Shipyard open. The closure of Fort Monmouth in New Jersey was approved.
DUBLIN, IRELAND-Continuing its growth strategy, CBRE acquires the remaining outstanding shares of its 10%-owned affiliate here in a cash deal totaling $24.6 million.
DUBLIN-Continuing its growth strategy, CBRE acquires the remaining outstanding shares of its 10%-owned affiliate here in a cash deal totaling $24.6 million.
NEW YORK CITY-A Long Island-based investment partnership flips its East Side portfolio of 144 apartments. "Fast and smooth," is how the deal goes down, says the broker.
BROOKLYN, NY-Manhattan-based Madison Development spends $5 million for a 1.5-acre site in the Flatlands area. The company intends to invest more than $15 million to construct a 100,000-Plus-SF self-storage facility on the site.
NEW YORK CITY-Equity in Praedium VI will be used to acquire more than $2 billion in assets throughout the US and Canada. This is the company largest fund to date.