UW-P runs out of campus housing, but those who are ’shut out’ are quite happy with all the living space they have in the student lounge.
PLATTEVILLE, Wis. — University of Wisconsin-Platteville freshmen Tyler Wray and Travis Phillips admit they were tardy in applying for on-campus housing for their incoming semester. Their reward? They’re roommates in [...]
Bruce Wasserstein, the Wall Street investment banker who helped pioneer the hostile takeover in the 1980s and reshaped the mergers and acquisitions business into a high art, died Wednesday in Manhattan.
Mr. Wasserstein, 61, was the chairman and chief executive of Lazard and had a home in Manhattan. The cause of death has not been determined, [...]
By Michael Tepper and CJ Follini
“Hello my name is CJ Follini and I own a parking garage; more than one in fact.” If you think this sounds like an excerpt from a substance abuse meeting you’re not mistaken. Sometimes my professional real estate investment peers think I should only disclose my garage ownership to small, [...]
About $40 million being invested in area around Eaton and Eighth avenues
A strip of west Bethlehem’s Eaton Avenue, once seen as the natural place for a research campus for Bethlehem Steel’s neighboring Martin Tower, is now attracting one of the nation’s most recession-proof businesses: medical offices.
About $40 million is being invested in two projects that [...]
Stauffer Trades Sacramento Bldg. for $312 PSF
Sacramento Ear, Nose and Throat Surgical and Medical Group acquired the two-story office building at 1111 Exposition Blvd. in Sacramento, CA, from The Stauffer Co. for $8.42 million, or about $312 per square foot.
It is in the Expo Pointe building park and totals 27,000 square feet. The property was [...]
The Visalia City Council late Monday approved an agreement to the sell a 2.5-acre city-owned parcel in downtown to a development team made up of local builders and investors.
The property, bounded by Acequia and Mineral King avenues and Stevenson and Conyer streets, is currently used as a parking lot.
The 4-0 vote approved a deal with [...]
SAN FRANCISCO (MarketWatch) – The Federal Deposit Insurance Corp. said late Tuesday that a group of private investment firms led by Starwood Capital Group LLC has won the right at auction to buy a 40% stake in a firm that holds assets of Corus Bank, which failed last month, for $554 million.
The consortium of firms [...]
Corus’s Condo Assets Look Primed to Rebound Someday; FDIC Approves Sale
Barry Sternlicht’s Starwood Capital Group has a relatively straightforward game plan for the distressed condo assets of Corus Bank that he is set to buy in a closely watched federal auction: wait until the market recovers.
The deal, announced Tuesday evening by the Federal Deposit Insurance [...]
Michael Sieman, senior vice president and senior director of NorthMarq Capital’s Chicago Regional office, has arranged construction to permanent first mortgage financing of $17.1 million for an 81,000-square-foot medical office building located in Aurora, Ill.
Rush-Copley Hospital is the major tenant in this property. Financing was based on a 10-year term with a 30-year amortization schedule [...]
Hospital opens medical office building, parking garage
Inova Fair Oaks Hospital has some new arrivals, but they don’t need to be burped or changed. These new additions are a four-level, $21 million, medical office building and a $17.1 million, five-level, energy-efficient and security-monitored, 950-space parking garage.
On the second floor of the office building is a 23,209-square-foot [...]
