Tag Archives: Finance

Kennedy Wilson Sells Multifamily Properties in San Jose and Portland for $154 Million – Yahoo Finance

360 Residences, a 213-unit luxury residential tower in San Jose, CA and Arbor Creek Apartment Homes, a 440-unit community in Beaverton, OR were traded to separate buyers at an average cap rate of 4.5%. Kennedy Wilson acquired the first trust … Continue reading

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Terreno Purchases Virginia Property – Yahoo Finance

The estimated stabilized cap rate of the asset is 7.5%. Total acquisition cost of the property included the initial purchase price, the effects of marking assumed debt to market, due diligence and closing costs, estimated near-term capital … “cap rate” … Continue reading

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Terreno Realty Corporation Acquires Building in Sterling, VA for $6.1 Million – Yahoo Finance

The estimated stabilized cap rate of the property is 7.5%. Estimated stabilized cap rates are calculated as annualized cash basis net operating income stabilized to market occupancy (generally 95%) divided by total acquisition cost. Total … “cap rate” – Bing … Continue reading

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Noonan appoints Nama review group – Irish Times

The National Asset Management Agency (Nama) has published details of how it approves rent reductions where the viability of businesses is threatened. The publication followed the announcement by the Minister for Finance Michael Noonan that the Government … “rent reductions” … Continue reading

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ChainLinks National Retail Investment Report Fall 2011 – Yahoo Finance

We cover investment trends for retail properties in over 50 major U.S. metropolitan markets. We present detailed historical pricing and cap rate trends for shopping centers of all types, as well as neighborhood and community centers and strip centers … … Continue reading

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Fitch Downgrades Three Below Investment Grade Classes of BSCMST 2006-TOP22 – Yahoo Finance

Though the tenant continues to pay rent, other tenants reportedly have vacated or have requested rent reductions due to co-tenancy clauses. A previous request submitted by the borrower for modification of the loan terms was denied, but the loan remained … Continue reading

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U.S. Federal Reserve Beige Book: Philadelphia District (Text) – Bloomberg

Finance. Third District banks contacted in August indicated soft loan demand, although some bank contacts cited strengths in small business lending, and in lending to development projects for apartment rentals, hotels, and commercial retail. “apartment rents” – Bing News

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Cowen faces legal action over apartment in Leeds – Irish Independent

Cowen faces legal action over apartment in LeedsIrish IndependentThe then Finance Minister declared his purchase of the apartment in Leeds on the Oireachtas Register of Interests. The register also listed Mr Cowen's interest in an apartment in Golden Lane in … Continue reading

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Pakonen pitches housing at Pioneer-Endicott – Finance and Commerce

Finance and Commerce Pakonen pitches housing at Pioneer-EndicottFinance and CommerceThat was notably lower than the overall fourth-quarter vacancy rate of 3.8 percent reported by Marquette Advisors, which tracks market-rate rental units. Construction is now under way on the Lofts at … Continue reading

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Dodd-Frank Stands Out on Finance Council’s Radar – GlobeSt.com

GlobeSt.com Dodd-Frank Stands Out on Finance Council's RadarGlobeSt.comThe council is also making it a high priority to ensure that GSE reform supports the commercial real estate finance market and focuses on providing “a stable, counter-cyclical and affordable source of capital … Continue reading

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