First Industrial Responds to Competition for Investments
CHICAGO-During Q3, First Industrial Real Estate Trust invested more than $200 million in more than one million square feet. Increased competition may drive the REIT toward development or value-add plays.
Holland Partners Pays $15M for Mixed-Use Site
GLENDALE, CA-GlobeSt.com learns exclusively that the city gives Holland "generous zoning" for development of the 1.38-acre site downtown.
BruttenGlobal Forms Private Investment Firm
SAN DIEGO-Brixton Capital will focus on investment ventures that require less than $10 million per transaction.
Special Inspector Delivers Another Blow to Libor
WASHINGTON, DC-The Special Inspector General for the Troubled Asset Relief Program recommends that the US government use its considerable weight to re-negotiate its bailout programs using another rate.
Office CMBS Leads the Way in New Defaults
NEW YORK CITY-The slight uptick in cumulative defaults on legacy CMBS has been tempered by a boost in new issues over the past two quarters, says Fitch.
Auctions Aren't Just for Distressed Assets Any More
Investors taking part in auctions aren't just buying distressed commercial real estate assets, class A is moving as well, says Auction.com's Koch.