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Category Archives: real estate
FICO Pessimistic on Housing
MINNEAPOLIS–(BUSINESS WIRE)–FICO’s latest quarterly survey of bank risk professionals offered a decidedly pessimistic outlook, reversing the growing optimism seen in late 2010 and early 2011. The survey, conducted for FICO by the Professional Risk Managers’ International Association (PRMIA), shows that … Continue reading
Chesapeake Lodging Trust Closes Denver Mariott City Center
ANNAPOLIS, Md.–(BUSINESS WIRE)–Chesapeake Lodging Trust (NYSE: CHSP) announced today that it has closed on the previously announced acquisition of the 613-room Denver Marriott City Center located in Denver, Colorado for a purchase price of $119 million, or approximately $194,000 per … Continue reading
Blackstone Buys 36 Shopping Malls
NORTH MIAMI BEACH, Fla.–(BUSINESS WIRE)–Equity One, Inc. (NYSE:EQY), an owner, developer, and operator of shopping centers, announced that it has entered into an agreement to sell 36 shopping centers comprising approximately 3.9 million square feet for $473.1 million to Blackstone … Continue reading
12,600 Pennsylvania Homes Go Solar
HARRISBURG, Pa.–(BUSINESS WIRE)–Citizens for Pennsylvania’s Future (PennFuture) announced today that solar power has reached a new historic level in Pennsylvania. PJM’s Generation Attribute Tracking System (GATS), the organization that tracks renewable energy generation in the region, recorded the milestone as … Continue reading
Greenberg Traurig LLP Adds Litigator
LOS ANGELES–(BUSINESS WIRE)–Former federal prosecutor Mathew S. Rosengart has joined the Los Angeles office of the international law firm Greenberg Traurig LLP. He joins as a shareholder in the Litigation Practice and will focus on commercial, media and entertainment, and … Continue reading