Private Equity Group Buys Sunrise Office Bldg. from Bank

A local private equity group acquired Atrium West, a two-story office building at 7771 W Oakland Park Blvd in Sunrise, FL, from Wells Fargo for $ 4.8 million or about $ 51.79 per square foot. Constructed in 1983, the 92,689 square-foot suburban office building occupies the northeast c
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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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Private Sector Job Gains Losing Ground to Surging Layoffs

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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