Continue Reading Add comment August 21st, 2008
Shares of mortgage finance giants Fannie Mae and Freddie Mac plunged and then rebounded in early trading on Thursday after new reports that the federal government may have to take over the troubled firms.
Continue Reading Add comment August 21st, 2008
Pacific Office Properties Trust Inc. and an institutional co-investor have acquired a portfolio of seven Southern California office complexes for $195 million. The combined properties contain more than 1 million leasable square feet across 15 office and flex buildings. Read more »
Continue Reading Add comment August 21st, 2008
ROEL Construction Co. Inc. has completed construction of The Agua Caliente Casino Resort Spa located on Bob Hope Drive in Rancho Mirage, Calif. Read more »
Continue Reading Add comment August 21st, 2008
Jones Lang LaSalle Hotels is pleased to announce the sale of the fee simple interest in the Sheraton Gateway Hotel at Los Angeles International Airport on behalf of its owners, Kor Hotel Group and its partners. Read more »
Continue Reading Add comment August 21st, 2008
Forest City Ratner Cos. has closed on a $167 million construction financing deal for 80 DeKalb, a 365-unit apartment project in Downtown Brooklyn. The New York State Housing Finance Agency approved the project for $109.5 million in tax-exempt bonds and an additional $27.5 million in taxable bonds. Read more »
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