News | EDGE Asset Management

CDM Property Investments LLC acquired two office buildings at 3800 and 3810 Inverrary Blvd. in Lauderhill, FL from Horizon Lending LLC for $ 4.6 million, or about $ 38 per square foot. The deal includes two four-story office properties that were constructed in 1984: a 71,000-square-fo

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August 16, 2011

by Oriah

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$4.6M, Acquisition, Closes, Horizon, Lending

After more than a decade, Oxford Global Resources is relocating its engineering and IT division, Oxford International, to the Corporate Center at The Gardens located at 4200 Northcorp Parkway in Palm Beach Gardens, FL. The firm plans to relocate from the 25,000-square-foot, single-ten

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August 16, 2011

by Oriah

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after, Beach, Decade, Jupiter, Oxford, Palm, Relocating

Reuters – U.S. stocks ended lower on Tuesday after three days of gains when a meeting between the heads of France and Germany failed to quell fears about euro zone leaders’ ability to contain the region’s sovereign debt woes. Yahoo! News: Business News

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August 16, 2011

by Oriah

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after, days, down, ends, gains, Reuters, Street, Wall

Reuters – Dell Inc posted quarterly revenue slightly below expectations and said sales for the present quarter would be flat, sending its shares down 4.9 percent in after-hours trading. Yahoo! News: Business News

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August 16, 2011

by Oriah

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Dell, disappoints, down, outlook, Reuters, shares

A sudden and unexpected burst in private-sector downsizing pushed the number of announced job cuts to a 16-month high of 66,414 in July, according the latest report on downsizing activity by outplacement consultancy Challenger, Gray & Christmas Inc. The 66,414 job cuts last month

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August 16, 2011

by Oriah

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gains, Ground, Layoffs, Losing, Private, Sector, Surging

Reuters – Allstate Corp on Monday sued Goldman Sachs Group Inc , accusing the Wall Street bank of causing losses by hiding the risks more than $ 123 million of mortgage securities it bought. Yahoo! News: Business News

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August 16, 2011

by Oriah

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Allstate, Debt, Goldman, losses, mortgage, over, Reuters, sues

National Real Estate Investor

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August 16, 2011

by Oriah

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$118, Arranges, Center, Century, City, Crystal, Million, Refinancing

Forest City Brings Virtual Shopping to Malls National Real Estate Investor

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August 16, 2011

by Oriah

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Brings, City, Forest, Malls, Shopping, Virtual

This week’s People of Note includes the following markets: Boston, Columbus, Kansas City, Los Angeles, Philadelphia and Washington, DC. COLUMBUS Hunter To Oversee Cassidy Turley in Columbus Cassidy Turley recruited Don Hunter as managing principal of its Columbus office, effecti

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August 16, 2011

by Oriah

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31August, CoStar's, July, Note, People

Hines and partner Pacolet Milliken Enterprises, Inc. will develop a 28-story office tower totaling 450,000 square feet at 1045 Avenue of the Americas overlooking Bryant Park in Manhattan. The multi-tenant tower will be built on a key parcel that Pacolet Milliken has owned since 1954 w

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August 16, 2011

by Oriah

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28Story, Bryant, Build, Hines, NYC’s, Office, Park, Tower

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Horizon Lending Closes $4.6M Acquisition

Oxford Relocating to Palm Beach After a Decade in Jupiter, FL

Wall Street ends down after 3 days of gains (Reuters)

Dell outlook disappoints, shares down (Reuters)

Private Sector Job Gains Losing Ground to Surging Layoffs

Allstate sues Goldman over mortgage debt losses (Reuters)

HFF Arranges $118 Million Refinancing for Century Center I and II in Crystal City, Va.

Forest City Brings Virtual Shopping to Malls

CoStar’s People of Note (July 31-August 6)

Hines to Build 28-Story Office Tower at NYC’s Bryant Park