Clipper Equity’s David Bistricer to form REIT
Brooklyn developer David Bistricer is forming a real estate investment trust to fund future acquisitions, The Real Deal has learned. Bistricer, who’s made a series of major acquisitions in recent More...
Julius Baer Analyst Markus Allenspach Says Euro Bonds Distorted, Not Worried about Greece
Julius Baer, a private Swiss bank, is staying away from European bonds, prefers investing in REITs, and isn’t overly concerned about the prospect of Greece leaving the European Union, according More...
Shareholders Approve $10 Billion Merger of American Realty Properties With Cole REIT
– (L-R) Nicholas Schorsch, William Kahane American Realty Capital Properties REIT , which is publicly traded and listed on Nasdaq as ARCP, is preparing to finally merge with another real estate More...
Alony Hetz enters the US market with $330 million investment in Carr Properties
– Alony Hetz and JPM Morgan own 88% of the Washington DC income-producing properties company. – BROCKTON BELGRAVIA / LONDON – / By Aviv Levy / Alony Hetz Property and Investments Ltd. (TASE: More...
The Malkins Can’t Take All This Love – A $700 million Bid From Andrew Penson Pops Up for Another Building They Control
– Peter and Tony Malkin – /By Clive Minchom / The Empire State Building At the end of June this newspaper reported on a bidding war that seemed to be developing for the Empire State Building More...
Battle for Empire State Building Heats Up : Third Unsolicited Offer Now Received
– – / Clive Minchom/ Last week on June 24th, 2013, Malkin Holdings, the company controlled by New York’s Malkin family that manages the Empire State Building on behalf of its private More...
Rubin Schron Makes Unsolicited Offer To Buy The Empire State Building For $2 Billion
– His Offer Raises New Questions About Existing Plan For REIT IPO. – – The Rubin Schron Offer Reuters reports that last week Cammeby’s International Group, a privately held company More...