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REITs Continue to Perform Admirably in Unstable Market
NEW YORK, NY-- - High yielding Real Estate Investment Trusts have performed well in the current economic climate. As reported in The Wall Street Journal, the MSCI U.S. REIT Index returned 8.7% in 2011, ...
Fay-Penn gets $1.9 million loan for new industrial park
Fay-Penn Economic Development Council will get a $1.9 million loan to develop a new industrial park in the northern part of Fayette County.
Rise in office space take-up focuses on prime locations
Take-up of office space in Dublin rose by 25% during 2011, reaching twice the levels achieved in 2009.
Bank of America to sell some office space
The bank has so far identified three office buildings it will sell, in N.Y. and N.C. It also has substantial real estate holdings in Southern California. In a move to shed nonessential assets, Bank of America will sell and lease back some of its administrative office space.
First Drips Of Liquidity Felt In Non-Traded REITs
So-called non-traded REITs (NTRs) represent a rapidly growing income producing niche among “alternative” investments. In its nascent history, the NTR industry has raised some $80 billion, largely from individual investors. This compares with $430 billion for the entire REIT industry, traded and non-traded.
Tips in Searching For the Best Florida Commercial Real Estate
Investing in real estate is really a serious undertaking. In a buyer’s market, it is really tempting to dive on the real estate market and join other investor in hunting for the best property.