Institutional Real Estate Newsline
March 2, 2009: Vol. 16, Number 9Buy For $65.00 Add to Cart
CB Richard Ellis REIT Announces $3 Billion Second Offering
CB Richard Ellis Realty Trusthas announced a second public offering of up to $3 billion in common shares, which will be invested in office, retail, industrial and multifamily assets in major U.S. markets.
Commercial Real Estate Sales Tumbled in 2008
Commercial real estate sales dropped nearly 60 percent worldwide in 2008, according to Global Capital Trends, released by Real Capital Analytics.
- Friedman, Billings, Ramsey Group Changes Name to Arlington Asset Investment Corp.
Illinois TRS Terminates Real Estate Manager Commonwealth Realty
The $27.9 billion Teachers' Retirement System of the State of Illinois(TRS) made a number of changes during its Feb. 19 meeting as the system conducts a thorough review of its investment strategies.
- W. P. Carey and Harbert Management Form Self-Storage JV