With the Terrorism Risk Insurance Act (TRIA) set to expire by the end of 2005, real estate lenders and owners are voicing their concern that if the federal backstop isn't extended, primary insurers could drop terror...
The past two years have been particularly challenging for Denver-based Apartment Investment and Management Co. Inc. (AIMCO), the nation's largest apartment real estate investment trust (REIT). By March 31 of this year...
Real estate development and management firm The Koll Co. has bought a multi-tenant property in San Marcos, Calif., for $12 million. With the acquisition of The La Costa Meadows Industrial Center, Koll’s industrial...
U.S hotels should experience some much-needed demand this summer, reports PricewaterhouseCoopers. The company predict that weekend lodging occupancy in the U.S is will hit 69.1% between Memorial Day and Labor Day. If...
Construction starts in the industrial sector in 2003 were nearly 40% below the sector’s peak in 2000, according to a report from industrial REIT ProLogis (NYSE:PLD). However, 2003 construction starts in the top 30...
Listed REITs started the week off on a rough note. REIT shares dropped sharply on Monday after several stocks were downgraded over fears that an interest rate hike will impact profits...
Cendant has made several leadership changes within its real estate franchise group, part of the real estate services division. Bob Moles will step down in his role as president and CEO, and Alex Perriello, who served...
A needed wave of leasing activity — the strongest quarterly surge in more than two years — aided Manhattan’s office vacancy rate during the first quarter of 2004. Overall vacancy rates in Manhattan fell to 12.2% at...
Wells REIT II has added a pair of Class-A office towers in Manhattan Beach, Calif., to its growing portfolio. The 310,000 sq. ft. property — Manhattan Towers is located just outside of Los Angeles. Terms of the deal...
