Fabled developer on losing end in several of era’s biggest deals.
Last week, lenders signaled that they would push Stuyvesant Town/Peter Cooper Village into foreclosure unless the Tishman Speyer-led partnership that bought the massive apartment complex for $5.4 billion comes up with an overdue mortgage payment. The threat marks a new low for the deeply troubled [...]
Symantec released its 2010 State of the Data Center study this week. This newsletter is part II of the study conducted by Applied Research of 1,780 respondents.
The state of the data center, Part 1
Of the respondents, 48% said they were making minor changes to their data centers this year and 42% said they were making [...]
Brightview Senior Living, owner of assisted living communities in the Northeast, has entered the South Jersey market with the buying of two Sunrise assisted living centers in Mount Laurel and Deptford.
They have been renamed Brightview Mount Laurel and Brightview Woodbury Lake.
Brightview acquired the facilities from Mount Laurel homebuilder Hovnanian for more than $21 million. According [...]
It is the age of information and certainly the amount of data that requires storing is growing. This is not a general statement or observation but has also been proven via a survey carried out by Telehouse involving more than hundred senior IT professionals. It was found that the main contributors to this increased demand [...]
Read more →Healthcare continues to defy the odds by adding jobs even as most other sectors of the economy lose them. While the U.S. lost 85,000 positions in December, the healthcare industry added 22,000 jobs that month, including 9,000 in physician offices and 8,000 in home care agencies. Since the recession began, 631,000 new healthcare positions have [...]
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Campus Apartments, the oldest and one of the largest privately held student housing companies in the nation, has expanded its third party management portfolio to include 14 new properties.
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Birmingham, MI – January 11, 2010 – (RealEstateRama) — Kandu Capital, LLC (“Kandu”), a private, family-operated investment company specializing in health care acquisition and management, along with its operating company, Bloomfield Senior Living, announced the acquisition of a new senior living community in South Carolina on January 6, 2010. With this acquisition, Kandu expands its [...]
Read more →(WEB HOST INDUSTRY REVIEW) — Data center operator Digital Realty Trust (www.digitalrealtytrust.com) announced on Friday it will sell $100 million aggregate principal amount of its senior unsecured term notes to Prudential Investment Management and certain of its affiliates.
The notes will be issued in two series, referred to as D and series E notes.
The series D [...]
Mercy Health Partners has opened a $13 million outpatient surgery center and medical office building on the campus of Baptist Hospital West.
Mercy Surgery Center West, a 21,500-square-foot multispecialty ambulatory facility in the Turkey Creek retail development, began accepting patients on Monday.
The surgery center, on the first floor of the three-story building, has four operating rooms [...]
SAN FRANCISCO, Jan. 12 /PRNewswire/ — Wired Real Estate Group (”WiredRE”), the nation’s leading cloud, colocation & data center advisory firm, have brokered the 10,000 sq-ft data center lease of I2B Networks. WiredRE filled the requirement in less than 60 days.
“With the benefit of WiredRE’s data center knowledge and industry insider perspective, we were [...]
