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PRESS RELEASE: Ninth Circuit Rules in Favor of Commercial Real Estate; Cox, Castle & Nicholson's Litigation Team Scores Major Victory That Will Impact All Asset Classes of Commercial Real Estate Investment
2013-08-27 18:35:00| National Real Estate Investor
Cox, Castle & Nicholson The Ninth Circuit issued a landmark decision concluding that the sale of the condominium-hotel units at the Hard Rock Hotel in San Diego is not the sale of a security. In Salameh, et al. v. Tarsadia Hotels, et al., (Case No. 11-55479), the Ninth Circuit affirmed the dismissal of the plaintiffs claims finding that they did not allege sufficient facts that would demonstrate that the condominium-hotel units constituted a security. Additionally, the court affirmed the lower courts dismissal of the plaintiffs common law fraud claims. read more
PRESS RELEASE: HFF Represents Seller in Sale of and Arranges Financing for Buyer of Arsenal Mall and Harvard Vanguard Medical Associates Building in Watertown, Massachusetts
2013-08-27 18:22:00| National Real Estate Investor
Kristen Murphy HFF announced today that it has represented SPG Arsenal, L.P. and Arsenal HCHP, LLC in the sale of The Arsenal Mall, an adjoining retail building occupied by Golfsmith, and the Harvard Vanguard Medical Associates Building in Watertown, Massachusetts to BP Watertown Retail, LLC, a joint venture between Boylston Properties, The Wilder Companies and Jonathan Bush, Jr. the CEO and co-founder of corporate neighbor athenahealth. read more
PRESS RELEASE: Hines/PCCP Venture Acquires Kierland One in Phoenix
2013-08-27 18:21:00| National Real Estate Investor
Kim Jagger Hines, the international real estate firm, announced today that along with joint venture equity partner PCCP, LLC, it has acquired Kierland One, a Class A, 175,441-square-foot office building located in the North Scottsdale Airpark submarket of Phoenix. read more
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PRESS RELEASE: HFF Secures $21.4 Million Construction/Permanent Loan for Anticipated LEED Platinum Multi-Housing Community in North Portland
2013-08-27 17:52:00| National Real Estate Investor
Kristen Murphy HFF announced today that it has secured $21.4 million in construction/permanent financing for Cathedral Apartments, a to-be-built, 165-unit multi-housing development in North Portland, Oregon. HFF worked on behalf of the borrower, St. Johns Ivanhoe LLC, in arranging the 42-year, 4.76 percent, fixed-rate loan through Greystone, the leading FHA multifamily lender in the country. read more
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PRESS RELEASE: Watkins Research Group Ranks Cresa Number One In Client Advocacy
2013-08-27 17:48:00| National Real Estate Investor
Neil Adler Cresa, North America's leading tenant representation firm, ranked first in client advocacy among 23 firms evaluated, according to the Watkins Research Group in its bi-annual survey of commercial real estate firms.More than 200 senior corporate real estate executives responded to the survey, which measured perception, brand awareness, service-delivery models and customer satisfaction. read more
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