Commercial Real Estate News 6-30-09


Here is some current news pertaining to commercial real estate:

Dynamic Focus+ Real Estate – Morningstar
We recently met with management at Goodman & Co. to clarify this fund’s performance fee structure, and we now have a reasonably confident top-level understanding. While the firm agrees that the wording in the prospectus is difficult to understand, we …

Real Estate Roundup – Portland Business Journal
• Kaiser Foundation Health Plan leased 17,796 square feet at Murray Scholls Town Center, Beaverton, from Gramor Development. John Medak, MaryKay West and Chris Johnson of NAI Norris, Beggs & Simpson represented the tenant. Steve Reaume and Kristin …

UPDATE 3-MOVES-Blackstone, J.E. Robert, Flagstone, George Smith – Reuters
June 29 (Reuters) – The following financial services industry appointments were announced on Monday. To inform us of other job changes, e-mail moves@thomsonreuters.com BLACKSTONE GROUP ( BX.N ) The private equity firm hired Philip Levinson to a new …

Behringer Harvard Appoints Real Estate Industry Veteran to Its – Earthtimes
“We’re pleased to welcome Diane to our Opportunity REIT II board,” said Robert S. Aisner , CEO of Behringer Harvard Opportunity REIT II, Inc. “She brings to this role more than two decades of experience with several prestigious giants in the …

CEO of First Commercial Bank of Tampa Bay not worried about bank’s – St. Petersburg Times
Albert Salem Jr., CEO of First Commercial Bank of Tampa Bay, is at wit’s end. A cease-and-desist order disclosed by the FDIC on Friday compels his Tampa bank to halve its total of problem real estate loans to about $9 million. “We’re told to get rid …

US Commercial Real Estate: Increased Activity By Buyers And Sellers – Nuwireinvestor.com
The US commercial real estate market has been a major casualty of the recession with values falling as much as 50% from their peak, and sales down 83% from a year ago. However, there is evidence of increased activity by buyers and sellers, according …

Coldwell Banker Commercial TradeMark Properties Named To Top 100 List – dBusinessNews.com
· Businesses are ranked based on revenue growth, percentage of business conducted within North Carolina , and the total number of employees. · A company’s community involvement and its participation within industry trends are also considered as a …

Real estate downturn impacting Lee County business properties – News-Press
Short sales and foreclosures, once the domain of failed home-flipping investments, are increasingly showing up in Lee County’s commercial real estate market. “We’re starting to see a lot of them show up,” said Jeff Tumbarello, director of the …

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