Sabal Picks Up $527M in Loans in Bid to Capitalize on Distress

Sabal Financial Group has made an aggressive pay in grabbing non-performing loans. National Real Estate Investor
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BB&T Accelerates Expansion in Miami

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
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Lease Up: Chrysler To Increase U.S. Facilities Investments to $4.5 Bil

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
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Vornado to Sell 350 West Mart Center in Chicago for $228M

Vornado announces the sale of a Chicago office building and four retail properties in New York. National Real Estate Investor
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Asia shares fall after Greece coalition deal, Italy eyed (Reuters)

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
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CoStar’s People of Note (Oct. 30-Nov. 5)

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
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Tishman Speyer Sells Two Gotham Center in Long Island City for $415.5M

Tishman Speyer sells a Long Island City office tower for $ 415.5 million. National Real Estate Investor
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Tenant Screening – Step By Step

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
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Global Hotel Investors Remain Steady in Q3, Despite Economic Headwinds

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
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Transwestern Sells Class A Office Campus to Westcore

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
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