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Lennar Multifamily JV Strategies Gaining Momentum
Friday, July 17, 2015 - 10:11am | 619On July 16, GlobeSt.com published an article on Lennar Corporation (NYSE: LEN)'s $1.1 billion Lennar Multifamily Venture (LMV), was created to develop luxury multifamily apartments in 25 U.S gateway and high-barrier to entry urban markets. "The business plan: to provide better risk-...
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Jones Lang LaSalle Gets Five-Year NASA Contract -GlobeSt.com
Monday, July 25, 2011 - 1:37pm | 59Jones Lang LaSalle (NYSE: JLL) has won a five-year contract with the National Aeronautics and Space Administration to perform services and develop real estate strategies, GlobeSt.com has learned exclusively. The value of the exclusive contract, signed with the Technical Capabilities & Real...
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Barnes & Noble Up For Sale (BGP, AMZN)
Wednesday, August 4, 2010 - 10:38am | 149Barnes & Noble, Inc. (NYSE: BKS) is apparently up for sale after losing market value for the last four years, according to GlobeSt.com. William Ackman, whose hedge fund Pershing Square Capital Management owns a significant stake in competitor Borders Group (NYSE: BGP), has indicated that the...
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Office Buyer Lands 90% LTV as Owner - User. Or Do They?
Wednesday, June 23, 2010 - 6:00am | 782There was a very interesting article on Globest.com yesterday that caught my eye. It was titled exactly the same as above, but without the questioning. A mortgage broker helped an owner/user acquire a small, 11,000 square foot vacant office building for $4.2M by obtaining...