Tuesday, November 27, 2012

Richman Group Closes $186M Fund


Richman Group Closes $186M Fund

GREENWICH, CT-The properties acquired through USA Institutional Tax Credit Fund LXXXVIII LP will add nearly 1,700 multifamily and senior housing units to Richman's portfolio.

Equity, AvalonBay Launch Stock Sales to Fund Archstone Buy

NEW YORK CITY-As part of a deal that Lehman's Owen Thomas calls "a very positive outcome for our creditors," the two REITs will provide a combined $3.8 billion in common stock to the estate of the onetime investment banking giant.

Store Closings Haven't Stopped

There might not be a lot of store closures being announced right now, but that doesn't mean they're not happening says DJM Realty CEO Mark Dufton (above), whose firm is exhibiting next week during ICSC New York in the Hilton's Americas Hall 1 Booth #362.

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