Tribeca Cos. Snags S.F. Apartments
Private-equity firm buys defaulted mortgage debt at half-price and then seizes the Lembi apartments, in the latest distressed-commercial-property maneuvering.
Month: December, 2009
REITs End Roller-Coaster Year on High
Real-estate stocks took investors on a wild ride in 2009 and ended the year with strong gains. Don't count on so much excitement in 2010.
States Ratchet Up the Lures
Despite a weak economy, cities and states continue to throw millions of dollars in tax credits and upfront cash to attract companies to relocate.
Questions Surround Fannie, Freddie
The government's move to ease the limits on the securities holdings of Fannie Mae and Freddie Mac has ignited a debate among analysts about what the companies will do with their longer leash.
Miami Condo Project Acts as Test Case
Lenders for the Icon Brickell in Miami face a dilemma on whether to sell whole buildings or large blocks of condos to big investors, often at steep discounts, or one by one to individuals.
Freddie HR Chief’s Big Payday
Paul George is among the mortgage company's five highest-paid officers, with annual pay of up to $2.7 million.
Hong Kong Land Sale Signals Cooling
Two prime residential sites were sold at auction for a lower-than-expected $1.34 billion, in a sign that one of the world's hottest property markets is cooling off.
Merry Christmas! -2009-
The guys here at The FlipBoard just want to wish each and every one of you a very Merry Christmas and a happy and financially prosperous New Year!
We are going to make 2010 the best year ever! We believe that. And you should too!
-Richard and Staff
Recession Helps Empty Office Space
In an indicator of how the Bay Area continues to suffer from the recession, San Francisco's office vacancies have surged to their highest levels in five years.
Redwood Wins Erickson Auction
Redwood Capital won an auction for the assets of senior-community developer Erickson with a $365 million bid, beating a KKR-led group.
