GlobeSt.com UPDATE: House Passes Eminent Domain Reform
WASHINGTON, DC-The US House of Representatives passes the Private Property Protection Act of 2005. The bill counters the US Supreme Court's June decision on the subject by disallowing the federal government from seizing property for private development endeavors, and by financially penalizing lower level government entities that do.
NEW YORK CITY—Bearing the American Finance Trust name, the merged entity is a retail-focused REIT with an enterprise value of approximately $3.9 billion.
BOISE, ID—The new hire brings more than 35 years’ experience in commercial real estate finance to the middle-market loan provider.
NEWPORT BEACH, CA—A “forest for the trees” mentality, in addition to seeking yield for investors, is causing firms based in other markets to expand to the West Coast, creating more demand for talent in a tight market, RETS’ Kent Elliott tells GlobeSt.com.
Middle Market Digest
Here’s a look at this week's trends, announcements and deals that you may have missed in the country’s North West region.