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CHICAGO—The purchase includes 23 skilled nursing facilities, four assisted living facilities, one independent living facility and one office building in five states.
NEW YORK CITY—A partnership of General Growth Properties and Jeffrey Sutton has pre-empted a planned auction of the Fifth Avenue trophy, according to published reports.
MIAMI—John C. Portman, IV tells GlobeSt.com's Jennifer LeClaire secondary markets are booming. Find out what else he has to say in this <b>EXCLUSIVE </b> interview.
NEW YORK CITY—The REIT will defer its tax gain in a like-kind exchange as part of ts previously announced acquisition of the St. Regis Hotel retail on Fifth Avenue.
SEATTLE—Zillow's Stan Humphries predicts that “housing will play a bigger role in the broader economic recovery,” while Axiometrics' Jay Denton sees more demand for apartments.
PHILADELPHIA, PA—Firms responding to the Manufacturing Business Outlook Survey from the Federal Reserve Bank of Philadelphia say the pace of regional manufacturing activity remained positive but decreased in December.