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Chinese Firm Buying AMC Movie Theater Chain for $2.6 Billion
In another sign of an increasingly global economy, Dalian Wanda Group Co., Ltd. announced it has struck a deal to acquire the second-largest movie theater operator in the U.S., AMC Entertainment Holdings, Inc., for $2.6 billion. Wanda said the purchase will create the world's largest cinema owner. Analysts said the acquisition comes at a time when the U.S. movie theater market is at a mature stage, while China's is poised...
Former E*TRADE Chief Takes Over as CEO of Freddie Mac
Freddie Mac appointed Donald H. Layton as CEO and a member of its board. The banking and financial services...
CRE Price Recovery Continues Despite Seasonal Volatility
Despite a generally flat March for pricing of commercial property, prices recovered to mid-2003 levels...
Financing Green Part II: The Role of Data in Financing Green Improvements
In Part I of Financing Green, available here , CoStar News looked at energy efficiency retrofit financing...
CoStar's People of Note (May 13-19)
This week's People of Note includes the following markets: Austin, Chicago, Houston, New York City...
Financing Green Part I: Funding Energy Efficient Retrofits and Overcoming Uncertainty
It has become increasingly evident to those in the commercial real estate industry that improving building...
Brookfield Asset Management to Spin Off $70B CRE Company
Brookfield Asset Management Inc., already one of the world's largest holders of commercial real estate...
Owners Report Scattered Office Leasing Success in Q1
Many of the nation's most prominent REITs and real estate companies reported continuing softness in the...
Banks Finally Willing To Catch Up on CRE Borrowing Demand
Having experienced stronger demand over the past three months, banks have started easing their lending...
U.S. CMBS REOs Top $11 Billion; One-Third of All Delinquencies
The volume of real estate-owned (REO) assets for lenders reached 11 billion for the first time and now...
Architecture Billings Slip Back Into Negative Territory
Following five months of positive readings fueling analysts’ hopes that the long construction drought...
Ivanhoé Cambridge, Hines to Build $300M Spec Tower In Chicago's West Loop
In the largest commercial project in Chicago since the height of the real estate boom, Montreal-based...
Mortgage Lender ResCap Files Ch.11; To Sell All Assets
Residential Capital LLC, known as ResCap, a subsidiary of Ally Financial Inc. and the fifth largest mortgage...
A $1 Billion War Chest for Net Leased Properties
Fast-growing Realty Income Corp. likely will be growing even faster soon. The Escondido, CA-based buyer...
Apartment Market Shifting Focus To New Supply
The ongoing recovery of the U.S. apartment market is entering a new phase, one marked by an increasing...
Hudson Pacific To Buy San Fran, West L.A. Office Assets for $179M
Hudson Pacific Properties (NYSE: HPP) agreed to purchase multiple properties in San Francisco and West...
Kennedy Wilson JV Pays $64M for Capitol Towers
Kennedy Wilson led an investment group in the acquisition of the Capitol Towers multifamily complex at...
PGP Sells Manhattan Office for $850 PSF
Property Group Partners has sold the office building at 148 Lafayette St. in New York City for $850 per...
AVEO Pharmaceuticals Inks 126,000-SF Lease
AVEO Pharmaceuticals signed a 12-year deal for 126,000 square feet of laboratory and office space at...
Could Multifamily Lead Single-Family Out of its Recession?
The nation's housing finance overseer and Freddie Mac are citing the strong multifamily investment market...
Growth Diagnosis Differs for Largest Drugstore Chains
The nation's three largest retail pharmacy chains continue to diverge on their real estate expansion...
Fairmont Hotel Sells for Nearly $200 Million
Maritz, Wolff & Co. sold the Fairmont Hotel at 950 Mason St. in San Francisco, CA, for close to $200...
Jamestown Pays $140M for Trophy Office Bldg. in DC
Jamestown, a Georgia-based equity funds investment firm, acquired the property known as 10th and G in...
Airbnb Leases 170,000 SF of Office Space
Airbnb leased 170,000 square feet at 888 Brannan St. in San Francisco, CA. It will occupy a large...
CBRE President Robert Sulentic To Succeed Retiring CEO Brett White
Brett White announced he will retire as chief executive of CBRE Group, Inc. (NYSE:CBG) at the end of...

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