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10 Must Reads for the CRE Industry Today (April 10, 2015)

2015-04-10 16:30:00| National Real Estate Investor

General Electric is selling most of its real estate to the Blackstone Group and Wells Fargo in a $23 billion deal, reports Reuters. Walgreens plans to close 200 stores, reveals Chicago Tribune. Fannie Mae disclosed the details on its non-performing mortgage sale, according to the Wall Street Journal. These are among todays must reads from around the commercial real estate industry. Content Classification:  Curated read more

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FedEx (FDX) Stock Dips Today After Announcing Planned TNT Express Acquisition

2015-04-09 16:48:35| Air Courier - Topix.net

"[FedEx CEO] Fred Smith's a genius in his timing." FedEx said Tuesday that it had reached a conditional agreement with TNT on an all-cash offer of $8.75 a share, which represents a 33% premium to the company's closing price before the deal was announced.

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10 Must Reads for the CRE Industry Today (April 9, 2015)

2015-04-08 22:18:00| National Real Estate Investor

The owners of a big Chicago office tower are trying a new approach: splitting it in two, selling the land beneath the building separately from the building itself, Crain's Chicago Business reports. Fortune predicts that there won't be an interest hike until after this coming summer. Manhattan office leasing is down as more companies are priced out of the city, according to Bloomberg. These are among the must reads from around the commercial real estate industry today. read more

Tags: today april industry reads

 

10 Must Reads for the CRE Industry Today (April 8, 2015)

2015-04-08 16:54:00| National Real Estate Investor

Chinese life insurers China Life and Ping An are making their first equity investment in U.S. real estate with a stake in a Boston Seaport District project, reports Bloomberg. Commercial property values have rose 14 percent above their previous cycle peak, notes the Wall Street Journal. U.S. office space rents rose at the fastest pace in a decade in the first quarter, according to Reuters. These are among todays must reads from around the commercial real estate industry. Content Classification:  Curated read more

Tags: today april industry reads

 

Greenbrier (GBX) Stock Gained Today on Strong Earnings Results

2015-04-08 00:41:42| Railroads - Topix.net

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