Tag archive for ‘REIT’
Noam Meir On Thursday, January 15th, 2015

Forest City Enterprises to Become REIT

Bruce Ratner’s real estate company Forest City Enterprises will transform itself into a REIT. The change will come on January 1st 2016. A REIT – Real estate Investment Trust – is a company which owns and More...

Vered Weiss On Thursday, January 1st, 2015

Barry Rosenstein’s Troubled Marriage of Civeo Ends In Divorce

  Barry Rosenstein‘s Jana Partners, a hedge fund, has vacated its position in Civeo, as reported in a filing on New Years Eve. Civeo has been a troubled investment for Jana as well as David More...

Vered Weiss On Monday, November 10th, 2014

Sears Is Getting Seared As Lampert Sells His Company to Himself

  Sears Holdings (SHLD) shares rose 31% on Friday, and at first glance, one might think that is an indication that the stock  is in recovery mode. However, the stock flew up on news that CEO Eddie More...

Vered Weiss On Friday, August 15th, 2014

Sam Zell Has Serious Housekeeping to Do at Equity Commonwealth

  Sam Zell has been pretty busy since he took over Equity Commonwealth 3 months ago, and it looks like there is more housekeeping to do. After making $200 million worth of property sales, selling More...

Gil Tanenbaum On Saturday, August 9th, 2014

Cantor Fitzgerald Buys Ranieri’s Commercial Mortgage Unit

– Lewis S. Ranieri and Eric Schwartz’s New York based investment firm Ranieri Real Estate Partners has sold its commercial mortgage unit to Cantor Fitzgerald Real Estate L.P. The terms of the deal were More...

Noam Meir On Monday, August 4th, 2014

Schorsch and Kahane to Acquire Twitter’s Chelsea Offices for $335 Million

– Nicholas Schorsch and William Kahane’s American Realty Capital’s New York REIT is set to acquire Twitter’s New York offices in Manhattan’s Chelsea neighborhood for $335 million. The seller is More...

Noam Meir On Thursday, July 31st, 2014

Sam Zell Looking to Dump Entire $280 Million Australian Portfolio

– Sam Zell’s CommonWealth REIT has announced that it intends to divest itself of its entire Australian portfolio, worth an estimated $280 million. This according to a report in Australia’s Business More...

Tibi Singer On Wednesday, July 9th, 2014

Malkins Say They’re Shielded from Lawsuit over Empire State Building

– Investors are unhappy with the judge’s view, confirming Malkin’s immunity. – Attorneys for the Malkin family are asking Judge O. Peter Sherwood to dismiss the most recent suit brought More...

Gil Tanenbaum On Saturday, April 26th, 2014

Barry Sternlicht To Expand Investments Into Single Family Rental Units

– The CEO and Chairman of Starwood Capital Group, Barry Sternlicht, believes strongly that single family rental housing units can become major real estate investment trusts (REIT).  – – While More...

Clive Minchom On Sunday, September 22nd, 2013

Empire State Building $1.15 Billion IPO Moving Into Forward Gear

–   Malkin family, Peter and Antony, father and son – Last week Empire State Realty Trust (ESRT), which is the successor to Malkin Holdings LLC and controls the Empire State Building More...

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