|
|
 | ||
Angelo, Gordon & Co. Announces Closing of AG Net Lease Realty Fund, L.P. With Commitments of $160 Million Angelo, Gordon & Co. announced today the closing of the AG Net Lease Realty Fund, L.P., with commitments of $160 million. Including leverage, the fund will seek to purchase as much as $500 million of net leased corporate real estate properties in the U.S. and abroad, with an emphasis on providing sale- leaseback financing to financial sponsors and non-investment grade companies. Boom and bust for Long Beach oceanfront condos Miami, San Diego, Las Vegas and Long Beach have at least a few things in common. Three out of the four of them are beachfront communities, and all of the cities saw a condominium boom in the past few years. Realty Bites: It took nearly a century for modern civilization to realize the value of the views atop Signal Hill, but it only took a few years to capitalize on them. Realty Bites: When talking on the phone with Tom Pool you can almost envision some spooked character in a B-movie waiting out a zombie invasion in a boarded house. Our licensee population is still going up, even though were in a transitioning market, the California Department of Real Estate spokesman said. Weingarten Realty acquisitions reach $1 billion in 2006 Weingarten Realty Investors acquired 11 shopping centers and three industrial projects during the fourth quarter of 2006, adding 1.9 million square feet to its portfolio in deals worth $402 million. Earni Young | Avenue facelift continues A $9.6 million upgrade to the Avenue of the Arts North — including new streetlights, planters and other pedestrian amenities — is nearly finished, and the long-neglected artery already is drawing attention from developers who in the past wouldnt have given it a second look. Karen A. Lewis, director of Avenue of the Arts Inc., is glad to see North Broad Street finally getting some play. Hotel could be bumped by skyscraper A developers proposal to build a 1,200-foot skyscraper at First and Mission streets would give San Francisco the third-tallest building in the United States, but it would also mean a long-awaited $80 million, 550-room hotel wont get built. Wayne E. Reilly: Economic engines revved in Queen City 100 years ago Bangor’s boom times were long gone a century ago, yet when local businessmen looked over their shoulders at the end of 1906 they pronounced the year a prosperous one. 1906 A FAT YEAR FOR THE QUEEN CITY, the Bangor Daily News trumpeted gleefully on New Year’s Day, 1907. The thought no doubt was a welcome antidote to hangovers from Broadway to the Devil’s Half Acre. Bulls, Pals to foes: Game over Red Bull and Talk N Text eased Sta. Lucia Realty and Purefoods Chunkee out of further contention and nurtured their own title aspirations with yet another emphatic victory last Sunday at the Astrodome. New Waldorf=Astoria BEVERLY HILLS, Calif.----Oasis West Realty, LLC, the owner of The Beverly Hilton, and Hilton Hotels Corporation announced today the first new west coast Waldorf=Astoria® hotel as part of the $500 million long-term plan to revitalize the nine-acre hotel property at the corner of Wilshire and Santa Monica Boulevards in Beverly Hills. | ||