Commercial
Deutsche Bank Shutting Commercial Real Estate Adviser Group
(BLOOMBERG) - Deutsche Bank AG, Germany’s largest lender, is dismantling a group that advises companies on commercial real estate transactions, according to people with knowledge of the matter.
Warren Friend, a managing director who ran the New York- based division, may be leaving the bank, said the people, who declined to be identified because the move [...]
Largest Apartment-Zoned Land in Greater New Orleans Up For Sale
RE/MAX Commercial Brokers, Inc. and Broker Robert Hand, MBA announce 10-Acre property available for sale in area of New Orleans experiencing growth in population at seven times the national average
Metairie, LA (PRWEB) July 29, 2010
RE/MAX Commercial Brokers, Inc. listing agent, Robert Hand, MBA, announces that 10 acres of land in Orleans Parish has just become [...]
US commercial property headed for recovery -Pru
(Reuters) - U.S. commercial real estate will recover more quickly than in the 1990s downturn as a lack of financing limits new supply and investors flush with cash compete for properties, according to Prudential Real Estate Investors.
Prudential is “relatively optimistic” about office, retail store, apartment and hotel real estate, where large properties typically held by [...]
Kinzie Investments Announces Final Commercial/Residential Space Available at Winston Tate Building in Chicago’s River North Area
Three floors remain available for lease in renovated timber loft building near the Merchandise Mart
Chicago (PRWEB) July 13, 2010
Real estate developer Derrel McDavid has announced the final 11,250 square feet of space available for lease at the Winston Tate Building, a 18,750-square-foot commercial/residential loft building at 110 W. Kinzie Street in River North on Chicago’s [...]
Great Commercial Location in Abilene, Texas Up for Auction by Assiter Auctioneers
Former car wash in fast-growing, desirable section of Abilene up for auction July 28
Abilene, Texas (PRWEB) July 8, 2010
The former Galaxy Car Wash in Abilene, Texas, is now available for auction from Assiter Auctioneers. This property is located in a prime commercial location and could be converted into a great locale for any business venture. [...]
UPDATE 1-RBS set to sell 3 bln stg of property loans
(Reuters) - Royal Bank of Scotland (RBS.L) plans to dispose of up to 3 billion pounds ($4.54 billion) of property loans, the Financial Times reported on Wednesday, as it continues to whittle down its non-core assets.
Together with Lazard the Edinburgh-based bank has been drafting a structure to offload its vast portfolio of real estate debt [...]
Highwood Properties sells major commercial real-estate property to N.Y. investment trust
(WINSTON SALEM JOURNAL) - Highwoods Properties Inc. said today that it has sold a major commercial real-estate presence in Winston-Salem to a New York real-estate investment trust for $12.9 million.
Highwoods, based in Raleigh, is one of the Southeast’s largest real-estate investment trusts. It focuses on developing, owning and leasing properties in [...]
Uncertainty remains in commercial real estate industry
(THE JOURNAL RECORD) - Pacific Investment Management Co. released an analysis today of the national commercial real estate market stating that a tremendous amount of uncertainty remains in the market. Even though capital is finally returning to the market, factors like unemployment and uncertainty over property prices may hamper recovery [...]
CertainTeed Supports Build for the Cure Home in S.C., Donates Innovative Gypsum Products
The Susan G. Komen “Build for the Cure” home in Fort Mill, S.C. is well equipped for the region’s humid climate, thanks to the donation of moisture- and mold-resistant wallboard products from CertainTeed Gypsum.
Valley Forge, PA (Vocus) June 18, 2010 — The Susan G. Komen “Build for the Cure” home in Fort Mill, S.C. [...]
Demand may loosen U.S. commercial property lending
(Reuters) - U.S. commercial real estate lenders are starting to loosen standards on loans hoping to win deals, setting up a potential clash in the market still besieged by falling values and property revenue, an insurance executive said on Tuesday.
The intense competition between insurance companies and investment banks to make loans may soon lead [...]
