Tuesday, November 13, 2012

Leucadia Takes on Jefferies for $2.6B in Stock


Leucadia Takes on Jefferies for $2.6B in Stock

NEW YORK CITY-The two firms, which have a working relationship that extends back more than 20 years, have total assets of $42.1 billion and total shareholder equity of $9.3 billion.

Work Begins on Nation's First LGBT-Friendly Senior Project

PHILADELPHIA-Work has begun on what is being touted as the nation's first urban LGBT-friendly low-income senior housing project. The venture is being developed by the dmhFund and Pennrose Properties.


RPAI Sells Three Value-Add Properties in Texas

OAKBROOK, IL-Retail Properties of American sells the 60,000-SF South Towne Crossing; the 30,000-SF Lake Forest Crossing and the 43,000-SF McDermott Towne Crossing to Westwood Financial.

Echo Boomers Important Multifamily Driver

BEVERLY HILLS, CA-As Echo Boomers transition into the workforce, they are seeking contemporary product in A+ locations, according to Meyers Research.

Car Dealership Goes for $16M

HUNTINGTON BEACH, CA-GlobeSt.com learns exclusively that Howard L. Abel Family Trust sells a 35,076-square-foot car lot currently used as a Ford Motor dealership.

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