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Don't rush into REITs
You'd think that investors would be leery of companies that own and manage commercial real estate. Vacancy rates remain elevated in office buildings and shopping centers. Except for apartment buildings, rents really haven't grown at all in four years. And given the possibility that the global economy may retrench yet again, things could still get worse before they get better.
Indonesia's commercial property market looks rosy
Positive news over the economy and political stability marked a bright 2011 for Indonesia. Domestic and private consumption remained intact while investment inflows stayed robust, according to a r
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.
CoStar Group to Report Fourth Quarter and Full-Year 2011 Financial Results on February 22, 2012
WASHINGTON -- CoStar Group, Inc. , commercial real estate's leading provider of information and analytic services, will announce financial results for the fourth quarter and full-year of 2011 following ...
Commercial Real Estate Gets New Funding
One of Beverly Hills’ most ambitious Hard Money Loans teams is lucky to have just received an influx of money. HardMoneyLoans.org has just announced that the company has received a new lending source to add to their already extensive portfolio.Los Angeles CA (PRWEB) February 04, 2012 One of Beverly Hills’ most ambitious hard money loans teams is lucky to have just received an influx of money ...
Griffin-American Healthcare REIT II Acquires Medical Office Buildings in Florida, Georgia and South Carolina
NEWPORT BEACH, Calif., Feb. 2, 2012 /PRNewswire/ -- Griffin-American Healthcare REIT II (formerly known as Grubb & Ellis Healthcare REIT II) announced today that it has acquired three medical office buildings ...
ARMOUR Residential REIT, Inc. Announces Estimated Fourth Quarter 2011 Results and Select Financial Data
VERO BEACH, Fla. -- ARMOUR Residential REIT, Inc. and (NYSE Amex:ARR.WS) ("ARMOUR" or the "Company") today announced the preliminary estimated results and selected financial data provided ...
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.
Investment trust acquires medical office buildings
Griffin-American Healthcare REIT II said it has acquired three medical office buildings in South Carolina, Georgia and Florida for a purchase price of $25.1 million.