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10 Must Reads for the CRE Industry Today (November 18, 2014)
2014-11-18 17:23:00| National Real Estate Investor
Andrew Farkas has filled a hole in his latest real-estate empire through a deal between his commercial real-estate services network, NAI Global, and New York-based EVO Real Estate Group. An Ivanhoe Cambridge Inc. venture agreed to buy a Manhattan office tower from Blackstone Group LP for about $2.25 billion. STORE Capital Corp. scheduled a $495 million IPO on NYSE with a market capitalization of $2 billion at a price range midpoint of $18 for today. These are among todays 10 must reads from around the commercial real estate sector. read more
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10 Must Reads for the CRE Industry Today (November 18, 2014)
2014-11-17 22:37:00| Waste Age
The state of North Dakota has named a new publicly-owned landfill after President Barack Obama. The West Virginia DEP has teamed up with West Virginia University to test 15 sites for levels of radioactivity in drilling waste. Staples along with global recycling company TerraCycle is now offering Canadas first-ever zero-waste recycling option for all household and office waste. Those are among the 10 things you need to know today from around the waste and recycling industry. Content Classification: Curated read more
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10 Must Reads for the CRE Industry Today (November 17, 2014)
2014-11-17 17:40:00| National Real Estate Investor
China REITs could be worth as much as $6 trillion by 2020. With its shares plunging, RCS Capital hired an outside law firm and forensic accounting firm to review its financials for the first nine months of 2013. Blackstone Group is eager to close the $1.95 billion sale of New Yorks Waldorf-Astoria hotel to a Chinese buyer this year, while US officials dither over whether to launch a review to assess the potential security risks. These are among todays 10 must reads from around the commercial real estate sector. Content Classification: Curated read more
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10 Must Reads for the CRE Industry Today (November 13, 2014)
2014-11-13 17:31:00| National Real Estate Investor
A venture led by private equity giant TPG that acquired DTZ last week has made clear that it wants to be the worlds third-largest provider, after CBRE Group Inc. and JLL. It is unlikely that CalPERS' $25.6 billion real estate portfolio will be able to sustain the strong returns produced in the last three years, said a report by the $296 billion pension fund's real estate consultant. Samuel Zell has his sights on the grocery business and is bidding for a portfolio of 100 grocery stores being sold by Albertsons. These are among todays 10 must reads from around the commercial real estate sector. Content Classification: Curated read more
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10 Must Reads for the CRE Industry Today (November 12, 2014)
2014-11-12 18:45:00| National Real Estate Investor
Deutsche Bank AG is close to selling most of a $2 billion portfolio of commercial real-estate loans to U.S. private-equity firm TPG. Google is snapping up properties all around Silicon Valley, indications that a hiring wave may be coming. Walmart issued urgent agenda memo to managers across the country pushing them to improve performance on Chilled and Fresh items. These are among todays 10 must reads from around the commercial real estate sector. Content Classification: Curated read more
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