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SCOTTSDALE, AZ-The SoCal buyer acquires the 197-unit McDowell Village from Opus/RED Group in its first area deal and wants more.
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| FEATURES | ||
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REITs Gearing Up for Tough 2010 The third quarter numbers are in, and by all appearances, multifamily REITs are preparing to stay afloat in 2010. |
Latest Data and Execs Tell Different Stories for Apartments The Feds latest data indicates a slightly gloomier multifamily environment than what industry professionals see. |
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SECTOR WATCH
Office Suites Added to MetroplexDALLAS-ABT signs a lease for 27,000 square feet at the Millennium Centre building.
INDUSTRIAL
• Final Lease Fills 835,000-SF DC• Princeton Reacts to Pharma Contractions
• Industrial, Medical Office Sales Total 146,000 SF
OFFICE
• Piaget Building Could Go to Auction• 110M Gemini Sale Is Pragues Largest
• Values Off 43% From 2007 Peak
RETAIL
• GGP Likely To Emerge From Bankruptcy This Year• Dicks Sporting Goods Maintains Expansion
• SilverLeaf Financial Buys Two Commercial Loans
HOTEL
• Starwood Moving HQ to Connecticut• Port Forges Ahead at WTC
• Amelia Island Plantation in Chapter 11
NET LEASE
• GlobeSt.TV: Tenants Time Is Now• Recovery Could Look Like a U
• DDR's $400M Success Augurs Well for More TALF CMBS
AROUND THE NATION
GGP Likely To Emerge From Bankruptcy This YearCHICAGO-GGP has reached an agreement with lenders to restructure $8.9 billion of secured mortgage loans, with an average maturity of 6.4 years.
HEADLINES
• Real Estate Forum: Real Estate 2.0 Is Here...Are You?
• LSRP Program Gears Up for Implementation
• NetLease Forum:
Shareholders Challenge CVS' Longs Buy



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