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Washington Real Estate Investment Trust Acquires The Kenmore for $58.3 Million (Business Wire via Yahoo! Finance)
ROCKVILLE, Md.----Washington Real Estate Investment Trust has acquired The Kenmore, a 374-unit, 270,000 square foot apartment building located in Washington, DC for $58.3 million. The property is located at 5415 Connecticut Avenue, proximate to the intersection of Connecticut Avenue and Military Road, a half mile south of Chevy Chase Circle in the established, affluent Upper Northwest submarket ...
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Emerging Markets Take the Stage as Latest Hot Real Estate Investment (CoStar Group)
The California Public Employees' Retirement System (CalPERS) is contemplating taking a considerable piece of its real estate investment pie and allocating it outside of the United States into emerging international markets such as China and Brazil. If...
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Wall Street Corporate Finance Academy (WSCFA) Announces its Fall Investment Banking, Private Equity & Real Estate ... (PRWeb via Yahoo! News)
Wall Street Corporate Finance Academy (WSCFA) is a financial training firm designed to prepare students and professionals for careers in Finance (Investment Banking, Private Equity, Hedge Funds and Real Estate). WSCFA offers Live Training, Corporate Training, University Training, Web Training and Resume/Interview Prep.
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RioCan Real Estate Investment Trust Announces Distribution Increase (Marketwire via Yahoo! Finance)
RioCan Real Estate Investment Trust today announced that its Board of Trustees has approved an increase to its monthly distribution to unitholders to 11.5 cents per unit commencing with the September 2008 distribution, payable in October 2008.
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State Props Up Real Estate Market (St. Petersburg Times)
The aftermath of the global credit crunch and the possible impact on the national real estate market of the recent conflict between Russia and Georgia were widely discussed during the PROEstate 2008 International Investment Forum held in St. Petersburg from Wednesday to Friday, in which about 300 companies from 30 countries participated.
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Codina hands over reins at real estate firm (Miami Herald)
Flagler Development has named a new chief executive: Jose M. Hevia takes over the Miami-based commercial real estate company, a unit of Fortress Investment Group. Armando Codina, who has been chairman and chief executive, will remain chairman.
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Domestic real estate developers have land but no money (Vietnam Net)
VietNamNet Bridge – Experts say that a lot of problems still exist in the real estate market, and that the lack of capital proves to be the biggest thing hindering the development of the market.
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PFDs should trigger surge in real estate activity (Anchorage Daily News)
We have been Realtors in Anchorage long enough to know we are going to see a surge of activity in the residential real estate market this fall.
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LRG Capital Group Adds LRG Capital Real Estate Partners I Fund to Platform and Acquires First Property (Marketwire via Yahoo! Finance)
LRG Capital Real Estate Ventures, a subsidiary of LRG Capital Group, a global investment, banking and advisory boutique, announces the launch of the LRG Capital Real Estate Partners I Fund and the closing of the Fund's first investment.
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Lehman weighs real estate spinoff: report (Reuters)
NEW YORK (Reuters) - Lehman Brothers Holdings Inc is considering a plan to put some $32 billion of its commercial real estate and mortgage assets in a new company and spin it off, Bloomberg reported on its website on Thursday.
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