Archive for October 1st, 2008

The other housing rescue starts today

Continue Reading Add comment October 1st, 2008

Amidst all the chaos surrounding the $700 billion Wall Street bailout plan, the federal government’s other housing rescue program quietly opened for business Wednesday.

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McCain family’s former 13-bedroom, 14.5-bath mansion is on the block

Continue Reading Add comment October 1st, 2008


The Phoenix mansion where John and Cindy McCain raised their family is set to be auctioned this month. But this is not one of the many McCain homes that the Presidential candidate can’t seem to keep count of. According to Realstalker.com, the McCains sold the house in 2006 for $3.2 million, and the real estate developer who bought it is selling it at auction. This is a fabulous place set on 2.7 acres as you can see in this video tour on CNN. The McCain children had their own air-conditioned playhouse. The 15,000-square-foot house has a 6-car garage, an extra garage, 10 fireplaces, and 22 flat-screen televisions that, along with all the statues and art work, will be thrown in with the house.

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HCP Completes Integration of $3B Slough Portfolio

Continue Reading Add comment October 1st, 2008

About six weeks after concluding its offering of 14.95 million shares of common stock, Long Beach-headquartered HCP Inc. has completed the integration of its $3 billion acquisition of Slough Estates USA Inc. that closed in August 2007. The Slough portfolio is primarily located in San Diego and San Francisco, two of the three largest life science clusters in the country. Read more »

CBRE Arranges 12,837-SF Lease in Manhattan

Continue Reading Add comment October 1st, 2008

CB Richard Ellis Inc. arranged both sides of a 12,837-square-foot lease at 5 Penn Plaza in New York City, where software vendor Microstrategy relocated within the building. Read more »

Maguire Closes $100M Financing Deal for L.A. Property

Continue Reading Add comment October 1st, 2008

Maguire Properties Inc. has wrapped up $100 million in financing secured by Plaza Las Fuentes, the company’s office and hotel property at 135 N. Los Robles Dr. in Pasadena, Calif., about 10 miles northeast of Downtown Los Angeles. Read more »


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