Dec. 17 (Bloomberg) — Morgan Stanley , the securities firm that spent more than $8 billion on commercial property in 2007, plans to relinquish five San Francisco office buildings to its lender two years after purchasing them from Blackstone Group LP near the top of the market.
Dec. 17 (Bloomberg) — Morgan Stanley , the securities firm that spent more than $8 billion on commercial property in 2007, plans to relinquish five San Francisco office buildings to its lender two years after purchasing them from Blackstone Group LP near the top of the market.
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Morgan Stanley to Give Up 5 San Francisco Towers Bought at Peak
Bloomberg US commercial real estate prices have dropped 43 percent from October 2007's peak, Moody's Investors Service said last month. “It's not surprising this deal … and more » |
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Distressed US CRE A Record $180B
Emii.com Distressed commercial real estate in the US has hit a record $180 billion, according to Real Capital Analytics. Las Vegas led the list of the cities with … |
A checklist of tips (and Plan Bs) for handling holiday air travel.
Vacancy rates soaring, landlords under pressure to lower rents
Reno Gazette-Journal gaming writer Ray Hagar is in Las Vegas this week to preview the giant CityCenter project, which opens today.
Editor’s note: Reno Gazette-Journal gaming writer Ray Hagar is in Las Vegas this week to preview the giant CityCenter project, which opens Wednesday.
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Grim forecast for Delaware commercial real estate
The News Journal Locally, there's not a sense that this region faces a major surge in foreclosures, which are a reality now in overbuilt markets such as Las Vegas. … and more » |