Cousins Properties Inc. acquired Promenade II at 1230 Peachtree St. NE in Atlanta, GA, from Charter Hall Office REIT for $134.7 million, or approximately $174 per square foot. The building was 58 percent leased at the time of sale. Promenade II is a 38-story, 774,344-square-foot, Class A office property on 12 acres in the Midtown/Pershing [...]
Archive for November, 2011
Stuyvesant Town and Peter Cooper Tenants Hope to Buy Apartments
November 30th, 2011 
admin The tenants are seeking to preserve the complexes, which have served as a middle-class oasis, by turning them into a cooperative or condominium. View full post on NYT > Real Estate Share and Enjoy:
Posted in Uncategorized 
Tags: apartments, Cooper, hope, Peter, Stuyvesant, tenants, Town 
No Comments »Pillar Multifamily Adds New Correspondent to Source Fannie Loans
November 30th, 2011 admin Guggenheim Partners affiliate Pillar Multifamily LLC has agreed to buy Fannie Mae eligible loans sourced by Tremont Realty Capital LLC under a correspondent agreement between the two companies. View full post on National Mortgage News Share and Enjoy:
Posted in Uncategorized Tags: Adds, Correspondent, Fannie, Loans, MultiFamily, Pillar, SOURCE No Comments »Treasuries Consolidate While MBS Hold Previous Gains
November 30th, 2011 admin Posted To: MBS Commentary Today turned out to be fairly uneventful for Treasuries which turned out to make the day mostly positive for MBS. Perhaps some more hinting at potential MBS-Focused QE3 from the Fed’s Yellen helped MBS tighten a bit more than they otherwise might. Fannie 3.5′s managed to put in a solid day [...]
Strong Temptations for Home Buying
November 30th, 2011 admin The Wall Street Journal’s third-quarter survey finds that low home prices, ultra-low mortgage rates, and rising rents are creating a tempting buyer’s market. View full post on Daily Real Estate News Share and Enjoy:
