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A Strong January for High-Yielding Mortgage REITs
The Fed's interest rate announcement is not unambiguously good news for REIT investors.
Commercial Property Transfers
Federal Home Loan Mortgage Corp. to Equity Trust Co., 740 S. 37th St., 40211, $18,000. Heritage Properties to Intrepid Commercial Properties, 204 E. Market St., 40202, $2,700,000. HSBC Mortgage Services Inc.
Griffin-American Healthcare Acquires Trio of Medical Office Buildings
PALM BEACH, FL—The demand for medical office buildings in the Southeast remains strong. Griffin-American Healthcare REIT II —formerly known as Grubb & Ellis Healthcare REIT II—just snapped up a trio of medical office buildings across three Southeastern states for $25.1 million.
Griffin Capital Net Lease REIT Acquires AT&T Wireless National Network Operations Center
SEGUNDO, Calif. -- Griffin Capital Corporation ("Griffin Capital"), on behalf of Griffin Capital Net Lease REIT, Inc., announced today the purchase of a three-building, 155,830 square foot office ...
Things to Know About Commercial Real Estate
As you visit Florida, you will be glad knowing that the region is offering plenty o options. There are plenty of activities that you can do and you can definitely enjoy your stay. This is also the reasons why there are plenty of tourists who flocked in Florida.
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, ...
Developer proposes industrial park, hotel on Ridge Pike
LIMERICK — The township board of supervisors recently heard a developer’s plans to build an industrial park and possibly a hotel along Ridge Pike.
Commercial property tax plans stir opposition in Iowa
Iowa can't whack 40 percent from commercial property values for tax purposes without cuts in city and county services or mammoth tax shifts, local government officials say.
U.S. Commercial-Property Prices to Climb 6%, Green Street Says in Forecast
Commercial-property values in the U.S. probably will climb about 6 percent in the next six months, based on recent trading in real estate investment trusts and fixed-income yields, Green Street Advisors Inc. said.
Office space demand rises
Amid European gloom and unemployment fears, vacancy rates are down at their lowest in years.