News | EDGE Asset Management

Reuters – Stocks fell at the open on Friday in a light day on the economic calendar, but the benchmark S&P 500 index remained on track for its third straight weekly advance. Yahoo! News: Business News

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March 02, 2012

by Oriah

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edges, lower, open, Reuters, Street, Wall

National Real Estate Investor

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March 01, 2012

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Amrich, CBRE, Chairman, Paul, Promotes, Vice

Based on the latest U.S. Department of Commerce construction data, U.S. construction spending during January 2012 was estimated at a seasonally adjusted annual rate of $ 827.0 billion, 0.1 percent (±1.1%) below the revised December estimate of $ 827.6 billion. The January figure is 7.

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March 01, 2012

by Oriah

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$827, Annual, billion, Construction, January, Rate, Spend, U.S.

Hidden Hills Estate Britney Spears once rented (Los Angeles, CA) — The Hidden Hills estate that pop icon Britney Spears had been leasing for $ 25,000 a month is back on the market. Ronald N. Tutor, chief executive of the construction firm Tutor Perini, is listing the equestrian-

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February 29, 2012

by Oriah

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Back, Britney, Estate, Hidden, Hills, Home, Leased, Market, Once, Spears

SL Green Realty Corp. (NYSE: SLG), the largest commercial office landlord in New York City, has closed on its previously announced acquisition of the HarperCollins Bldg. at 10 E. 53rd St. in New York City. The total purchase price came to $ 252.5 million, or approximately $ 647 per sq

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February 29, 2012

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$252.5M, Acquisition, Closes, Green

As the Ugandan economy continues developing, the property market will grow. Many of the investors however will probably not have time to manage the properties on a day to day basis. They will increasingly rely on property management firms. Real-Estate:Property-Management Articles from

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February 29, 2012

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Advanced, Concepts, Firm, Investing, Management, Property, Thinking, Uganda

Lawrence Yun According to the National Association of Realtors (NAR), pending home sales in the U.S. are on an upward trend, which has been uneven but meaningful since reaching a cyclical low last April, and are well above a year ago. NAR’s Pending Home Sales Index, a forward-lo

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February 28, 2012

by Oriah

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Home, Index, January, Pending, Sales, U.S., Upticks

Related Development, banking on South Florida’s multifamily rebound, has acquired 33.8 acres of development land at the corner of NW 97th Ave. and the Dolphin Expy (S.R. 836) in Miami, FL for $ 20.5 million, or about $ 607,000 per acre. Related selected this site, with its proxi

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February 28, 2012

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$20.5M, Acres, Development, Related, Takes

Todd F. Cohen of Cohen Real Estate Capital LLC in downtown Orlando secured a $ 73 million acquisition loan to finance a 550,000-square-foot, grocery-anchored shopping center portfolio in Puerto Rico. Total debt came in at 90% of the purchase price at closing, including both a senior C

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February 27, 2012

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$73M, Acquisition, Arranges, Capital, Center, Cohen, Estate, Loan, Puerto, Real, Rico, Shopping

CNL’s acquisition of a seniors housing portfolio leads this month’s roundup. National Real Estate Investor

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February 27, 2012

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$84M, Acquires, Five, Housing, Properties, Seniors

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Wall Street edges lower at open (Reuters)

CBRE Promotes Paul Amrich to Vice Chairman

U.S. Construction Annual Spend Rate at $827 Billion in January

Hidden Hills Estate Home Once Leased by Britney Spears Back on Market

SL Green Closes on $252.5M Acquisition in NYC

Advanced Thinking Concepts for Investing in a Property Management Firm in Uganda

U.S. Pending Home Sales Index Upticks 2% in January

Related Development Takes 33 Acres for $20.5M

Cohen Real Estate Capital Arranges $73M Acquisition Loan for Puerto Rico Shopping Center

CNL Acquires Five Seniors Housing Properties for $84M