Category: Investing
Real Estate Investment Concentrated in 30 Cities
More than half of all real estate investments are concentrated in 30 major cities across the world, according to a new study. Twenty-five percent of property investments are in five metropolitan areas, including New York. The study, conducted by commercial real estate company Jones Lang LaSalle, found that major cities house most real estate investments [...]
Newport Beach Firm Buys $158M Loan Portfolio
By JANE YU Wednesday, September 14, 2011 Newport Beach-based distressed-debt specialist Sabal Financial Group LP has acquired a $158 million portfolio of performing and nonperforming commercial loans of the failed FirsTier Bank of Louisville, Colorado. The portfolio is made up of commercial real estate loans and commercial acquisition, development and construction loans. It includes 116 loans, with [...]
MIG Real Estate Acquires 164,300-Square-Foot Scottsdale Centre
Newport Beach, Calif.-based firm completes acquisition of Class A office building with recent $5.1 million upgrade NEWPORT BEACH, Calif. & SCOTTSDALE, Ariz.–(BUSINESS WIRE)–MIG Real Estate (Merage Investment Group Real Estate), a Newport Beach, Calif.-based real estate investment company formerly known as Stoneridge Capital Partners, acquired Scottsdale Centre, a Class A office property comprised of five, two-story buildings [...]
Investors to plead guilty to foreclosure auction rigging
As home foreclosures hit record levels, a group of California real estate investors engaged in an auction bid-rigging conspiracy that allowed them to boost their profits in subsequent sales, the U.S. Department of Justice announced yesterday. The Justice Department said eight investors agreed not to bid against one another at a series of real estateforeclosure [...]
Morgan Stanley Real Estate Investing and Lincoln Property Company Acquire Parsons Campus
Morgan Stanley Real Estate Investing (MSREI) announced today the acquisition of the Parsons Campus, a 22.7 acre office complex located in Pasadena, Calif., about 10 miles northeast of downtown Los Angeles. The campus includes three office buildings that offer approximately 950,000 square feet as well as two parking structures and surface parking. The acquisition was [...]
Investors revel as U.S. housing looks for bottom
Tony Alvarez recalls his doubts as he contemplated the wrecked, two-bedroom foreclosed house up for sale 30 years ago with his real estate agent’s reassuring hand on his shoulder. It was Alvarez’s first venture into a real estate investing career and he didn’t know the difference between a good investment and a bad one. “I [...]
Five Reasons Why The California Real Estate Market Will Decline Even Further
When I talk to people about California real estate prices, and ask what their opinions of the current market are, I get a few typical answers. The California market is going to be great in the long run. It always goes up in value. California real estate is going to be great again, people will [...]
Is a Real Estate Investment Trust ( REIT ) Right for Your Portfolio?
Have you ever dreamt of being a hugely successful real estate investor but don’t have millions to invest? A Real Estate Investment Trust or REIT can provide some of the upside income potential with a much smaller investment. Simply put, a REIT is a way for everyday investors to invest in property and real estate. It can [...]
