BankAtlantic Bancorp Inc. agreed to sell its wholly owned subsidiary, BankAtlantic in Fort Lauderdale, to BB&T Corp. in Winston-Salem, NC. In acquiring BankAtlantic, BB&T will acquire approximately $ 2.1 billion in loans and assume approximately $ 3.3 billion in deposits. BB
Chrysler Group LLC reached a new national labor agreement, covering 26,000 United Auto Worker employees in the U.S. Through the term of the new agreement, Chrysler Group confirms plans to invest an additional $ 1.3 billion to retool and upgrade plants for the production of new product
Reuters – Asian shares struggled on Monday, with investors still nervous despite the formation of a new Greek unity government intent on avoiding imminent debt default. Yahoo! News: Business News
This week’s People of Note includes the following markets: Chicago, Dallas, Denver, East Bay, New York City, Retail, San Francisco, South Bay and Washington, DC. SAN FRANCISCO JLL Launches West Coast Construction Group Jones Lang LaSalle (NYSE:JLL) formed a new division in San F
If you are an investor that owns apartment buildings or a property manager, you know the importance of tenant screening. Tenant selection is one of the most essential activities in owning and managing apartments. In this article, I want to go over How To Do Tenant Screening – St
According to STR Analytics’ Hotel Investors Gauge, debt and equity trends remained steady during the third quarter despite hiccups in the global marketplace. “Although the national and global economies seem to be on a rollercoaster ride of late, hotel investment continues
Transwestern Investment Co. sold Concord Corporate Centre, a 347,000-square-foot office complex in Concord, CA, to Westcore Properties. The price was not disclosed. The Blackstone Group traded the East Bay area campus to Transwestern for $ 99 million in July 2007. The portfolio includ