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Meadow Partners Receives $30M Senior Loan to Fund Conversion of 42-15 Crescent Street in Queens

2013-05-22 02:56:00| National Real Estate Investor

Meadow Partners has received a $30 million senior loan from PCCP LLC for the recapitalization and conversion of 42-15 Crescent Street, a 98,000-sq.-ft., nine-story office/retail building into a multifamily /retail project in Long Island City in Queens, N.Y. read more

Tags: street partners senior fund

 

Environmental Defense Fund Renews Lease at Gramercy Park Building for 10-Year Term

2013-05-21 03:02:00| National Real Estate Investor

Environmental Defense Fund (EDF) has renewed its 44,010-sq.-ft. lease at 257 Park Ave. South, the Gramercy Park Building. read more

Tags: park term building environmental

 
 

San Jose Marriott Sells to CBRE Global Investors Fund

2013-05-15 13:51:00| National Real Estate Investor

The San Jose Marriott Hotel has sold to CBRE Strategic Partners U.S. Value 6, a fund sponsored by CBRE Global Investors. The 506-key, class-A hotel located at 301 S. Market St. sold for less than replacement cost. Terms of the deal were not released.read more

Tags: san global fund jose

 

Biotech Fund: Many Healthy Returns

2013-05-15 01:19:32| Biotech - Topix.net

Evan McCulloch has delivered blistering gains as manager of Franklin Biotechnology Discovery.

Tags: returns fund healthy biotech

 

France Considers Tech Tax to Fund Arts

2013-05-14 18:54:38| TechNewsWorld

Francois Hollande, France's president, is mulling a potential tax on smartphones, laptops and tablets in order to fund the nation's cherished cultural exception. The revenue generated from such a tax would be earmarked for the cultural exception, which supports French music, film and visual art. France currently spends north of $130 million a year funding these endeavors.

Tags: france arts tech tax

 

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