Beginner Investing News

November 6, 2009

Fearing a commercial real estate crisis - NJBIZ

Filed under: Real Estate — Administrator @ 6:38 pm

Fearing a commercial real estate crisis - NJBIZ
currently lending at a 50 percent to 65 percent loan-to-value ratio, compared to 70 percent or 75 percent five years ago, said Kenneth Pasternak , chairman of KABR Real Estate Investment Partners LLC , a Paramus-based opportunistic real estate

UPDATE 2-Vornado offers to buy back $2.01 bln of bonds - Reuters
NEW YORK, Nov 2 (Reuters) - Vornado Realty Trust ( VNO.N ), owner and developer of U.S. office and retail properties, said on Monday it is offering to buy back up to $2.01 billion of its convertible bonds at par. Vornado, which is set to report its

Embassy Row - Washington Times
The U.S. Embassy in Britain on Tuesday announced the sale of the modernist diplomatic compound in London’s posh Grosvenor Square to a firm from Qatar and noted that it hopes to relocate to a less exclusive but more secure location within seven years

National Retail Properties gets new $400M loan - Lexington Herald-Leader
ORLANDO, Fla. — Retail real estate investment trust National Retail Properties Inc. said Wednesday it has a new $400 million credit facility, which will replace one set to mature May 2010. The new loan matures November 2012, with an option to extend

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