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Top real estate news stories... |
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LaSalle Acquires Three Hotels for $292.5M |
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LaSalle Hotel Properties has completed the acquisition of two hotels in Philadelphia and one in San Francisco, while selling off an asset in New Jersey.
The Bethesda, MD-based hospitality REIT acquired the 294-room Westin Philadelphia and the 288-room... |
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CoStar's People of Note (Aug. 29-Sept. 4)
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This week's People of Note includes the following markets: Atlanta, Inland Empire, Los Angeles, Milwaukee/Madison, New York City, Orange County and Washington, DC.
ATLANTA
Green Bldg. Expert Joins Grubb's Office Group
Grubb & Ellis Co. appointed... |
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CoStar Repeat Sale Indices: Distress Contributing to a 'Shaky Bottom' for CRE Sales, Pricing |
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The CoStar Commercial Repeat-Sale Indices (CCRSI), produced by CoStar Group, found that investment-grade property continued to decline in value for the second straight month in July.
Properties of sufficient quality and size for inclusion in large... |
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Tenants, Landlords Could Face Dramatic Changes from New Lease Accounting Rules |
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Northrop Grumman Corp.'s decision in July to relocate its corporate headquarters from Los Angeles to a 14-story, 334,385-square-foot building it acquired in Falls Church, VA, was a huge economic development victory for Fairfax County and the state of... |
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Bank Watch: Regulator Says Bankers, Not Bricks, Main Reason Behind Most Bank Failures |
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Don't blame the current wave of bank failures on commercial real estate; much of the blame belongs to bad bankers.
While it is clear that commercial real estate and construction and land development loans have figured in most every bank failure in... |
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