Rosen Partners, Alfa Group Form Real Estate Investment Venture

One of Russia’s largest privately-owned financial-industrial investment conglomerates, Alfa Group, has partnered with Rosen Partners, one of New York’s most experienced private real estate developers, to invest in commercial and multifamily real estate in the Eastern Unite
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Real Money: SL Green Lines Up $1.5 Bil

SL Green Realty Corp. in New York closed on a $ 1.5 billion unsecured revolving credit facility, which refinances the company’s previous $ 1.5 billion unsecured revolving credit facility that was set to mature in June 2012. The new investment grade facility currently bears inter
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Real Money: Kimco, Vornado, American Capital Each Pull in $1 Bil. or More

Kimco Realty Corp. in New Hyde Park, NY, closed on a $ 1.75 billion unsecured revolving credit facility replacing both the company’s $ 1.5 billion unsecured U.S. credit facility and a $ 250 million Canadian credit facility. The new facility, which can be increased to $ 2.25 bill
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Property Management – Activate Real Passive Income

Real estate is said to be one of the best businesses that you can get into if you want to build your wealth on a strong foundation. There are a lot of people, who are saying that real estate is a great source of passive income; whether you have a rental property (apartment), residenti
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Robbing Peter to Pay Paul: Fraud in Real Estate JVs

As some properties have struggled, developers with multiple joint ventures are sometimes moving funds around to hide distress. National Real Estate Investor
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Barbarians or White Knights: What to Make of Private Equity’s Love of Real Estate

Long vilified for capitalizing on the misfortunes of others, private equity players can be heroes to commercial property owners in distress. National Real Estate Investor
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Real Money: Lenders Letting REITs Play the Accordion

Equity One Inc. in North Miami Beach closed a $ 575 million unsecured revolving credit facility that replaces its existing $ 400 million facility. The new facility, which has a 4-year term with a 1-year extension option, can be upsized to $ 800 million through an accordion feature. Bo
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JLL Adds Pacific Real Estate Partners To Expand in Seattle, Portland

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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Financial Dilemmas Face America and the Real Estate Market

Several dilemmas complicate the road to recovery for commercial real estate and the broader economy. National Real Estate Investor
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