CoStar's People of Note (March 24-30)

This week's People of Note includes the following markets: Chicago, Houston, Los Angeles, New York City, Northern New Jersey, San Diego and Western Michigan. LOS ANGELES NGKF Expands Capital Markets Coverage in L.A. By Laurie Forbes Newmark Grubb Knight Frank added Michael F. Kane as executive managing director in its capital markets group in downtown Los Angeles. The investment sales and capital solutions broker will focus on the gr



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/CoStars-People-of-Note-March-24-30/147073?ref=/News/Article/CoStars-People-of-Note-March-24-30/147073&src=rss

Watch List Chart: Retail Property Owners Using Ch.11 To Protect Their Centers

Centre Properties placed three of its 26 retail properties in Chapter 11 protection. Bank of America, the mortgage holder on all three properties, filed foreclosure proceedings in January. In order to reach an agreement for Indianapolis-based Centre to pay off the debt on the properties, the developer has had ongoing negotiations with the bank, however, was unable to reach agreement because of the bank’s urgency to force repayment of the loans...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Watch-List-Chart-Retail-Property-Owners-Using-Ch11-To-Protect-Their-Centers/147022?ref=/News/Article/Watch-List-Chart-Retail-Property-Owners-Using-Ch11-To-Protect-Their-Centers/147022&src=rss

The CoStar Watch List Newsletter for March 28-April 3

This Week’s Top Stories Distressed CRE: It’s a Seller’s Market The market is good for bad properties right now; maybe too good. “If you can find a good distressed deal at a ‘distressed’ price, buy it. Good distressed assets are selling at market value (or above market value, depending on your opinion) at this point in the market recovery.” Read the Full Story... Macy’s Rethinks Distinction between Clicks and Bricks Could e-commerce actually...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/The-CoStar-Watch-List-Newsletter-for-March-28-April-3/147037?ref=/News/Article/The-CoStar-Watch-List-Newsletter-for-March-28-April-3/147037&src=rss

CBRE Arranges $50M Cash Shopping Center Sale

CALABASAS, CA—Courtyard at the Commons includes 6.76 acres of retail adjacent to a full-scale mall.

via Los Angeles http://www.globest.com/news/12_572/losangeles/retail/CBRE-Arranges-50M-Cash-Shopping-Center-Sale-331604.html

CoStar's People of Note (March 24-30)

This week's People of Note includes the following markets: Chicago, Houston, Los Angeles, New York City, Northern New Jersey, San Diego and Western Michigan. LOS ANGELES NGKF Expands Capital Markets Coverage in L.A. By Laurie Forbes Newmark Grubb Knight Frank added Michael F. Kane as executive managing director in its capital markets group in downtown Los Angeles. The investment sales and capital solutions broker will focus on the gr



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/CoStars-People-of-Note-March-24-30/147073?ref=/News/Article/CoStars-People-of-Note-March-24-30/147073&src=rss

Hotels Trends: Asian Investors, Brands

LOS ANGELES-In an update to an earlier story about the sale of SLS Hotel Beverly Hills, JLL research experts and executives tell GlobeSt.com that branded assets and Asian buyers are emerging hospitality trends.

via Los Angeles http://www.globest.com/news/12_572/losangeles/hotel/Hotels-Trends-Asian-Investors-Brands-331597.html

Watch List Chart: Retail Property Owners Using Ch.11 To Protect Their Centers

Centre Properties placed three of its 26 retail properties in Chapter 11 protection. Bank of America, the mortgage holder on all three properties, filed foreclosure proceedings in January. In order to reach an agreement for Indianapolis-based Centre to pay off the debt on the properties, the developer has had ongoing negotiations with the bank, however, was unable to reach agreement because of the bank’s urgency to force repayment of the loans...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Watch-List-Chart-Retail-Property-Owners-Using-Ch11-To-Protect-Their-Centers/147022?ref=/News/Article/Watch-List-Chart-Retail-Property-Owners-Using-Ch11-To-Protect-Their-Centers/147022&src=rss