Commercial Property News Archive for 16-Nov-2008

MOVERS (Asbury Park Press)

CB RICHARD ELLIS GROUP INC. (CBG) had the biggest gain since its initial public offering in June 2004, surging 43 percent to $5.39. The world's largest commercial property broker raised about $180 million in a public offering, selling 50 million shares at $3.77 each.

Other News in Brief: Thomas Properties Completes $1.15B Blackstone Austin Buy; Tishman Speyer Closes European Real ... (Commercial Property News)

templatedata/editors/article/data/20070606_news_briefs1_cpn 2 Y Y June 6, 2007 Commercial Property News NATIONAL NONE Online Other News in Brief: Thomas Properties Completes $1.15B Blackstone Austin Buy; Tishman Speyer Closes European Real Estate Venture VI Fund; Principal Real Estate Investors Closes New Fund; Enterprise Hires Redmond as New Director for Multi-Family Mortgage Finance; Malibu ...

Commercial property demand plummeting (The Business EDP 24)

Demand for commercial property has fallen at its fastest pace in a decade, although the outlook in the east of England appears slightly less gloomy than it is elsewhere in the country.

Commercial property choice pays for CalSTRS (The Sacramento Bee)

One day after CalPERS disclosed a $3.2 billion decline in its housing investments, CalSTRS said its real estate holdings actually grew slightly in value. But the teachers' pension fund does expect to see some declines going forward. The portfolio gained $300 million in the quarter that ended Sept. 30, to $21.1 billion, Sherry Reser, spokeswoman for the California State Teachers' Retirement ...

Commercial Property Sales to Rise as Debt Comes Due, Grubb Says (Bloomberg)

Nov. 12 (Bloomberg) -- Distressed sales of commercial real estate may rise next year as about $36 billion in securitized loans written in 2006 and 2007 come due, an executive of Grubb & Ellis Co. said today.

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