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PhiladelphiaMarch 10, 2010 Philadelphia Marriott Downtown - Philadelphia, PA
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Opus West Files Suit Against Opus Corp.
By Amy Wolff Sorter
PHOENIX-Debtors in possession of the regional operating arm claim the Minnesota-based parent company siphoned almost $150 million of earnings. ... Full Story
Differences Definite in Phoenix, Tucson
By Amy Wolff Sorter
PHOENIX-Industrial experts tell different stories about the cities, that are 100 miles apart: Phoenix picks up while Tucson lags. ... Full Story
Elevation Chandler Ownership Uncertain
By Amy Wolff Sorter
CHANDLER, AZ-The see-through condo project was in court due to two trustee sales in June. Attorneys for both sides presented their cases last week. ... Full Story
Solar Great, Financing Not so Much
By Amy Wolff Sorter
PHOENIX-Though Arizona is attracting many solar companies, experts note that financing of solar and other renewable systems remains a challenge. ... Full Story
90,000-SF Office Asset is Fund's First
By Amy Wolff Sorter
PHOENIX-REVA Catalyst Fund buys Phoenix Peak in a transaction valued at just under $10 million. Expect more buys to follow, the manager says. ... Full Story
SEC Resolves Mortgages Ltd. Case
By Amy Wolff Sorter
PHOENIX-The Arizona Republic reports that Mortgage Ltd. Securities LLC's securities broker-dealer registration has been revoked. ... Full Story
BRE No Longer G&E, Now Cassidy Turley
By Amy Wolff Sorter
PHOENIX-Though the original plan was to shift form the Grubb & Ellis brand to its new name in March, the new name takes effect immediately. ... Full Story
Morgan Park Bought from Foreclosure
By Amy Wolff Sorter
PHOENIX-The 428-unit, class B asset, which once belonged to Atherton-Newport, is now in the hands of Northwind Properties for $18.5 million. ... Full Story
Foreclosure Auction Set for Centerpoint
By Amy Wolff Sorter
TEMPE, AZ-Following a months-long battle to find financing to complete the luxury condominium towers, the developer throws in the towel. ... Full Story
G&E to PHX: We're Not Going Anywhere
By Amy Wolff Sorter
PHOENIX-Days after BRE LLC split from Grubb & Ellis, the latter unveils plans to launch owned-and-operated branches in these cities. ... Full Story
HSL Spends $16M on Casa Santa Fe
By Amy Wolff Sorter
SCOTTSDALE, AZ-The Arizona company lays claim to the 264-unit, class B complex, buying it from Fairfield Residential. ... Full Story
Healthcare Trust Closes on 641,000 SF
By Amy Wolff Sorter
SUN CITY, AZ-The Scottsdale, AZ-based REIT pays $107 million to Roskamp Management Co. for its 17-asset medical office building portfolio. ... Full Story
CityNorth Developer Faces $290M Foreclosure
By Amy Wolff Sorter
PHOENIX-The Business Journal reports Capmark Finance is owed on the 627,000-square-foot mixed-use development spearheaded by Klutznick Co. ... Full Story
2009 Year of 'No Activity'
By Amy Wolff Sorter
PHOENIX-As housing goes, so goes retail. But experts note that housing is starting to stir, a little, and retail is likely to follow in 2010. ... Full Story
ALR Enters PHX Metro with 204-Unit Buy
By Amy Wolff Sorter
AVONDALE, AZ-Adams LaSalle acquires Newport Apartments from AIMCO for north of $8 million, and is seeking additional buys in the area. ... Full Story
Fate of MF in Lenders' and Sellers' Hands
By Amy Wolff Sorter
PHOENIX-Experts tell GlobeSt.com that 2010 should be a year of more investments, as long as lenders and sellers are realistic. ... Full Story
Healthcare Trust Targets 1M SF by Year End
By Amy Wolff Sorter
SCOTTSDALE, AZ-The local REIT will close, or have under contract, $237 million worth of assets by the end of 2009. ... Full Story
TARP Capital Launches First Fund
By Amy Wolff Sorter
SCOTTSDALE, AZ-The new company prices an initial public offering of TARP FUND I for gross proceeds of $5 million. TARP Capital plans similar offerings in 2010. ... Full Story
Units Sell for $16M
By Amy Wolff Sorter
GILBERT, AZ-Wasatch Properties takes possession of the 196-unit Painted Trails from developer Fairfield Residential in an off-market deal. ... Full Story
Amory Celebrates 50 Years with CB
By Amy Wolff Sorter
PHOENIX-John Amory launched his real estate career in December 1959 at CB Richard Ellis, and is the company's longest-tenured employee. ... Full Story
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Real Estate 2010
Washington, DC
