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BofA Ends Overdraft Fees on Debit Buys
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3/9/2010 10:05:04 PM WSJ.com: Commercial Real Estate
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Bank of America plans to announce that it is eliminating $35 overdraft fees on debit-card purchases as the bank tries to stay ahead of a sweeping round of regulations.
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Apollo Signs Citigroup Deal
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3/9/2010 10:27:01 PM WSJ.com: Commercial Real Estate
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Apollo's purchase of Citigroup's real-estate investment business would give Joseph Azrack a second tour of duty.
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European REIT Rollout at Hand
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3/9/2010 10:01:03 PM WSJ.com: Commercial Real Estate
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With European property markets beginning to recover from the market downturn and global recession, there are signs that the REIT revolution could be at hand.
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General Growth Lines Up More Capital
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3/8/2010 8:01:01 PM WSJ.com: Commercial Real Estate
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Mall owner General Growth Properties has bolstered its case for exiting from bankruptcy protection as a stand-alone company.
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General Growth Debt Bet Pays Off
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3/8/2010 10:17:04 PM WSJ.com: Commercial Real Estate
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A handful of investors dug to the bottom of the discount bin and snapped up General Growth's convertible bonds at three cents on the dollar. They now trade at 103 cents.
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Marriott Expands in Europe
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3/9/2010 8:10:04 AM WSJ.com: Commercial Real Estate
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Forty thousand more hotel rooms on the Continent would have Marriott brand names in the next few years under the company's plan.
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Farkas Closes Deal to Buy Centerline
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3/8/2010 9:36:05 AM WSJ.com: Commercial Real Estate
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The New York real-estate investor will buy one of the nation's largest commercial-mortgage-servicing specialists for $100 million in new equity and assuming $180 million of Centerline's debt.
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U.K. REIT Plans IPO
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3/8/2010 6:11:02 AM WSJ.com: Commercial Real Estate
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Metric Property Investments hopes to raise £150 million in an IPO on the London Stock Exchange's main market as it seeks to take advantage of the sharp downturn in property values.
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Trust Not Enough for Integrity Bank
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3/3/2010 9:40:04 PM WSJ.com: Commercial Real Estate
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The FDIC is investigating loan practices at Georgia's Integrity Bank, which was seized in 2008 after loaning all its capital to the owner of Casa Madrona Hotel & Spa in California.
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General Growth Wins Plan Extension
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3/4/2010 3:59:00 PM WSJ.com: Commercial Real Estate
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A federal judge hearing mall owner's bankruptcy reorganization grants it four more months of exclusive control over its fate, against the objection of some suitors and creditors.
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Frontier Takes Down 300,000 SF
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3/9/2010 5:19:00 AM GlobeSt. Topics - Houston
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PASADENA, TX-The third-party logistics company will occupy the industrial space in March and use it for packaging and distributing plastic resin.
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149,000-SF Spec Groundbreaking Imminent
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3/9/2010 5:19:00 AM GlobeSt. Topics - Houston
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HOUSTON-In what is likely to be a rare phenomenon this year, Carson Cos. readies to build its speculative Portwall Distribution Center IV.
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289-Unit Metropole Comes to Market
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3/9/2010 5:19:00 AM GlobeSt. Topics - Houston
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HOUSTON-Just weeks after foreclosing on the class A-plus asset, owner Lynd Residential wants flip it for a quick profit.
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Zigler Takes Position with LMI
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3/9/2010 5:19:00 AM GlobeSt. Topics - Houston
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THE WOODLANDS, TX-Richard Zigler, formerly with Kaplan Acquisitions makes the move to managing director of LMI Capital.
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KBR: We're Staying Downtown
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3/9/2010 5:19:00 AM GlobeSt. Topics - Houston
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HOUSTON-The engineering and construction company scraps plans for a west side campus to renew and expand to 1.2 million square feet.
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Camden: 2010 Will Continue Challenging
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3/9/2010 5:19:00 AM GlobeSt. Topics - Houston
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HOUSTON-The apartment REIT points out its product is tied to job recovery; until the latter recovers, growth in the former will be slow.
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ALR Continues Buying Spree with 304 Units
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3/9/2010 5:19:00 AM GlobeSt. Topics - Houston
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HOUSTON-Chicago-based Adams LaSalle Realty grows its portfolio with its acquisition of the class A Legacy Park Apartments.
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ARCT Receives $16M Loan for FedEx Facility
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3/9/2010 5:19:00 AM GlobeSt. Topics - Houston
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HOUSTON-Less than a year after acquiring the 152,640-square-foot asset, American Realty Capital Trust has its pick of lenders for financing.
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Pinnacle HQ Groundbreaking Imminent
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3/9/2010 5:19:00 AM GlobeSt. Topics - Houston
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PASADENA, TX-Groundbreaking on phase one of the 18-acre corporate campus – a 30,000-square-foot office building, is likely to take place in February.
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Foreclosed 155,000-SF Office Sells
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3/9/2010 5:19:00 AM GlobeSt. Topics - Houston
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HOUSTON-The building at 2550 N. Loop W., damaged by Hurricane Ike, ends up with Mehta Commercial Ltd. for close to the $3.7 million ask.
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