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John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
NEW YORK CITY-Suitors are lining up for 6 Times Square, GlobeSt.com has learned. A source says the site of the former Knickerbocker Hotel could trade for more than $300 million and be converted back to a hotel.
NEW YORK CITY- Century Operating Associates files a suit harkening back to Morgans February IPO. Morgans counters that this is part of a previous management conflict without merit.
NEW YORK CITY- Century Operating Associates files a suit harkening back to Morgans February IPO. Morgans counters that this is part of a previous management conflict without merit.
NEWPORT BEACH, CA-Officials of Hearthstone Assisted Living have shaken hands with counterparts at Nationwide Health Properties on a sale-leaseback of assets in 10 states.
NEWPORT BEACH, CA-Officials of Hearthstone Assisted Living have shaken hands with counterparts at Nationwide Health Properties on a sale-leaseback of assets in 10 states.
CANNES-With draft legislation due next Wednesday, the long-awaited passage of a UK REIT regime seems on target for the start of the new year. But certain still-undefined provisions could render the structure too burdensome and drive all the potential gains offshore.
CANNES-With draft legislation due next Wednesday, the long-awaited passage of a UK REIT regime seems on target for the start of the new year. But certain still-undefined provisions could render the structure too burdensome and drive all the potential gains offshore.