NEW YORK CITY-Services will include feasibility and conversion studies, transaction services, project management oversight and well as tax advisory and asset management services.
NEW YORK CITY-Rented properties with no more than 25% debt that have leases rolling over on a regular schedule and feature a geographical and tenant/industry diversification offer an excellent returns on a risk-adjusted basis.
NEW YORK CITY-The purchase is the Olnick Organization's first office building investment. Most of its Manhattan portfolio is residential. The seller, Olmstead Properties, will use the proceeds for other real estate investments.
NEW YORK CITY-Wall Street Realty Capital raises real estate investment funds from financial institutions while Equityhound provides high net worth individuals with access to private real estate markets, enabling them to invest through personal company Web pages.
NEW YORK-CITY-The Internet site allows owners to post details about the space they have available for lease, which can be searched by prospective tenants. The site can also provide the name of a nearby broker to negotiate the deal.
NEW YORK CITY-Ventures now stalled could come off the shelf as the capital markets place a bet on the casinos. Las Vegas is expected to make the best of the deal.
NEW YORK CITY-The site should free brokers from showing preliminary transactions to lenders to determine interest and then coming back to them for commitments. It also allows lenders to review underwriting documentation and place bids online.
NEW YORK CITY-The REITs existing buyback program of $10 million has been revised to acquire up to an additional $10 million. The decision was made despite the firm's awareness that the capital could have been otherwise deployed.
NEW YORK CITY-The system allows tenants to order office supplies, messengers, car services and book travel arrangements from local and national vendors that are part of the network.
NEW YORK CITY-Multifamily housing offers the most promise, thanks to baby boomers and echo boomers, the industrial market appears stable but the lodging industry, with lots of product in the pipeline, may suffer a setback as the economy slows.