News | EDGE Asset Management

Client First Settlement Funding LLC finalized a long-term office lease totaling 49,720 square feet at Stonegate Bank Plaza located at 301 Yamato Road in Boca Raton, FL. Stonegate Bank Plaza is a four-story, 206,447-square-foot, 4-Star office building constructed in 1986 in the South F

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October 09, 2011

by Oriah

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49720SF, Boca, Client, First, Funding, Leases, Raton, Settlement

Reuters – Investors tiring of the euro zone’s debt crisis dragging the market all over the place are hoping to focus on something else next week — earnings. Yahoo! News: Business News

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October 08, 2011

by Oriah

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deck, Earnings, Europe, eyed, Reuters

Reuters – Fitch Ratings on Friday cut Italy’s sovereign credit rating by one notch and Spain’s by two, citing a worsening of the euro zone debt crisis and a risk of fiscal slippage in both countries. Yahoo! News: Business News

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October 08, 2011

by Oriah

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cuts, Fitch, Italy, negative, outlook, ratings, Reuters, Spain

The number of real estate executives surveyed by DLA Piper who described themselves as “bearish” in their outlook over the next 12 months spiked at this year’s annual real estate confab, with more than 70% of those surveyed taking a dour view of near term prospects.

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October 08, 2011

by Oriah

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Based, Bearish, Economy, Execs, Govt., impact, More

Sharon Stone’s Beverly Hills home Actress Sharon Stone recently listed her Beverly Hills area compound for sale at $ 8,995,000. The walled and gated Mediterranean estate sits at the end of a private road on five acres with pathways, bridges, waterfalls, fruit trees, a meditation

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October 07, 2011

by Oriah

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$8.9, Beverly, Hills, Home, Lists, Million, Sharon, Stone

David Crowe According to the National Association of Home Builders/ First American Improving Markets Index (IMI) for October, 23 individual housing markets now qualifying as “improving” under the new gauge’s parameters. This is nearly double the 12 housing markets th

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October 07, 2011

by Oriah

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Doubles, Housing, Improving, markets, NAHB, Nearly, Number, October, Reports, U.S.

Jones Lang LaSalle gained significant market share in the Pacific Northwest this week, executing a long-rumored merger with Pacific Real Estate Partners (PREP) that expand JLL’s Seattle presence and establishes a beachhead in Portland. Pacific Real Estate’s 49 employees will join JLL’

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October 06, 2011

by Oriah

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Adds, Estate, Expand, Pacific, Partners, Portland, Real, Seattle

Nine months after closing on Capital & Counties USA’s portfolio of mixed properties for $ 593 million, Equity One (NYSE:EQY) sold two of the assets for $ 124.9 million. The first was the 304-unit Trio Apartments complex in Pasadena, CA. The five-story structure at 621 E. Co

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October 06, 2011

by Oriah

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$124.9, Assets, Equity, Million, Sells

SL Green Realty Corp. (NYSE: SLG) has formed a venture with Stonehenge Partners and entered into an agreement to purchase eight retail and multifamily properties in New York City for $ 416 million. The deal is expected to close in the first quarter of 2012. Stonehenge, a prominent mul

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October 05, 2011

by Oriah

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$416M, Acquire, Green, Partners, Portfolio, Stonehenge

Reuters – Stock index futures briefly added to gains on Wednesday after a private sector employment report showed the economy gained more jobs than expected last month. Yahoo! News: Business News

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October 05, 2011

by Oriah

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after, Futures, gains, jobs, report, Reuters

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Client First Settlement Funding Leases 49,720-SF in Boca Raton

Earnings on deck as Europe eyed (Reuters)

Fitch cuts Italy, Spain ratings; outlook negative (Reuters)

CRE Execs More Bearish Based On Economy and Govt. Impact

Sharon Stone Lists Beverly Hills Home for $8.9 Million

NAHB Reports Number of Improving U.S. Housing Markets Nearly Doubles in October

JLL Adds Pacific Real Estate Partners To Expand in Seattle, Portland

Equity One Sells 2 CA Assets for $124.9 Million

SL Green Partners With Stonehenge to Acquire $416M NYC Portfolio

Futures add to gains after jobs report (Reuters)