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10 Must Reads for the CRE Industry Today (October 8, 2014)
2014-10-08 17:52:00| National Real Estate Investor
As it pulls the plug on hedge funds, the countrys biggest public pension, is giving its property portfolio a $7 billion jolt. Leave it to Sam Zell to call foreign investment bullshit, the commercial real estate market a whorehouse, and still end up with a surprisingly sensible argument. Silverstein Properties and Elad Group, who are partnering on high-end residential condominiums at 1 West End Avenue, are now seeking about $500 million in construction funds from a consortium of banks for the project. These are among the 10 must reads today from around the commercial real estate sector. Content Classification: Curated read more
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Category:Real Estate