Grubb & Ellis will sell its assets to BGC Partners, the parent of a rival real estate brokerage, as part of a prepackaged bankruptcy. Venerable commercial real estate brokerage Grubb & Ellis Co. will sell its assets to the parent company of rival Newmark Knight Frank as part of a prepackaged bankruptcy, the firms said [...]
Posts Tagged ‘Sale’
Grubb & Ellis Seeks Quick Bankruptcy Sale – Wall Street Journal
February 21st, 2012
admin New York Times Grubb & Ellis Seeks Quick Bankruptcy SaleWall Street JournalBy STEPHANIE GLEASON Commercial real-estate firm Grubb & Ellis Co. filed for Chapter 11 bankruptcy protection, requesting an expedited sale as it faces $30 million in debt that matures on March 1 and insufficient cash to make it through the first …NYC real estate [...]
$147.5 Million Sale of Class A Medical Office Buildings in San Diego Closed by HFF – SunHerald.com
February 20th, 2012
admin $147.5 Million Sale of Class A Medical Office Buildings in San Diego Closed by HFFSunHerald.comIRVINE, Calif. — HFF announced today that it has closed the sale of two Class A medical office buildings totaling 253676 square feet in San Diego, California. HFF marketed the portfolio on behalf of the seller, Kilroy Realty Corporation. View full [...]
$147.5 Million Sale of Class A Medical Office Buildings in San Diego Closed by HFF – MarketWatch (press release)
February 20th, 2012
admin $147.5 Million Sale of Class A Medical Office Buildings in San Diego Closed by HFFMarketWatch (press release)… Calif., Feb 20, 2012 (BUSINESS WIRE) — HFF announced today that it has closed the sale of two Class A medical office buildings totaling 253676 square feet in San Diego, California. HFF marketed the portfolio on behalf of [...]
“Wow” Stats from Citi’s Lawsuit Settlement; Short Sale vs. Foreclosure Losses; ASF Notes; More Conferences
February 16th, 2012
admin Posted To: Pipeline Press Citizens of the U.S. have well-documented accents, but do you ever wonder what linguistics majors do when they graduate? At certain phases of the economic cycle, loan originators often wonder about how bankruptcies impact credit ratings. Now many wonder how loan modifications impact bankruptcies . Yesterday this commentary noted several upcoming [...]
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