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NEW YORK CITY-The broadband provider filed for protection late yesterday and has let go two-thirds of its staff. The move is the latest wrinkle in a trend GlobeSt.com predicted last year.
DENVER, CO-AmeriVest Properties Inc., focusing exclusively on owning and operating office buildings that cater to small and medium-sized tenants, reports results that include three new Denver-area buildings in its portfolio.
PHOENIX-American Physicians Inc. has joined the tenant lineup at Central Park Square. The physicians, which specializes in house calls, has signed for a 17,300-sf spot for their headquarters. Jackson National Life Insurance is the building owner.
BALTIMORE, MD-The 439-room, full service Hilton hotel has been purchased by Radisson-Olympus Capital Partners and renamed the Radisson Plaza Hotel Baltimore Inner Harbor. Company officials didn't release financial details.
COLUMBIA, MD-The beleaguered hotel REIT reports its FFO dipped 2.9% while per-share FFO is down 6%. The company also denies the allegations of wrongdoing claimed in two class-action suits recently filed against it.
AUSTIN-Los Angeles-based JER Partners' retreat from a $55-million office project on Bee Cave Road has uncovered a new teammate for Endeavor Real Estate Group. The new player is a local investor who keeps a low profile, GlobeSt.com is told.
SEATTLE-The store in King of Prussia, PA will occupy approximately 40,000 sf of an 185,000-sf development by ORIX Real Estate Equities Inc. Neighbors will be Best Buy, United Artists 15, IMAX Theatre and Champs Restaurant.
FORT LAUDERDALE-First American Mortgage Securities Inc. expects to price the issue May 22, with a pass-through rate of about 9%. Fort Lauderdale is 26 miles north of Miami.
WASHINGTON, DC-The study offers a glimpse at the depth of the commercial real estate industry. Statistics show brokerage commissions total $10 billion annually. Office leases generate $115 billion a year while industrial space brings in $69.9 billion.
NEW YORK CITY-The offer was conditioned on acceptance of BRT's chairman and CEO joining the board of Entertainment Properties Trust and exemption from certain ownership and voting restrictions.
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Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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Download ResourceFrom Placer.ai
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Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource