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CPP Investment Board Adds Two Prime Manhattan Assets Valued At Over US$1.45 billion To Real Estate Portfolio
Apr 6th
CPP Investment Board Adds Two Prime Manhattan Assets Valued At Over US.45 billion To Real Estate Portfolio
TORONTO, ONTARIO– – The CPP Investment Board announced today its first real estate investments in Manhattan with the acquisition of ownership stakes in two prime commercial office properties.
Read more on CCNMatthews via Yahoo! Finance
CPP Investment Board Adds Two Prime Manhattan Assets Valued At Over US.45 billion To Real Estate Portfolio
TORONTO, ONTARIO–(Marketwire – 05/10/10) – The CPP Investment Board (CPPIB) announced today its first real estate investments in Manhattan with the acquisition of ownership stakes in two prime commercial office properties. CPPIB has agreed to acquire a 45% ownership interest in 1221 Avenue of the Americas from SL Green Realty Corp. for a total consideration of approximately US6 million …
Read more on Marketwire via Yahoo! Finance
CPP Investment Board Adds Two Prime Manhattan Assets Valued At Over US.45 billion To Real Estate Portfolio
Acquires 45% Ownership Stake in 1221 Avenue of the Americas Formation of Joint Venture to Acquire a 45% Stake in 600 Lexington Avenue
Read more on Marketwire
Realtors…?
Apr 5th
Question by AJ: Realtors…?
Can realtors get details of loan approval from the bank without the client’s permission? And can the bank release this information without th client’s permission? Thanks, I really app. it!
Best answer:
Answer by Freddie Adu About Nothing
No they can’t unless you signed a document allowing them to have access to pertinent details of the transaction. Whether you qualify is ABSOLUTELY pertinent.
BTW why does everyone use the term “Realtor”…..they are Real Estate agents. A “Realtor” is a member of the National Association of Realtors….and doesn’t even need to have a license or be a real estate agent.
@Bernie – I know what a realtor is:
http://www.realtor.org/realtororg.nsf/pages/whoisarealtor
“Founded in 1908, NAR has grown from its original nucleus of 120 members to more than 1 million today. NAR is composed of REALTORS® who are involved in residential and commercial real estate as brokers, salespeople, property managers, APPRAISERS, counselors, and OTHERS who are engaged in all aspects of the real estate industry.”
Check the link…nowhere does it say they need to be licensed.
Know better? Leave your own answer in the comments!
Sources of Commercial Real Estate Information
Apr 4th
Sources of Commercial Real Estate Information
There are a number of great places to find information about commercial real estate in any area in which you might invest. Before I get into the specific ways you can obtain this valuable information, it is important to first be committed to obtaining it. Real estate is a numbers game and there is no excuse for not having the information you need to invest successfully in any kind of real estate.
First, it’s worth mentioning what kinds of information you’ll be
Commercial Real Estate Firms Florida
Apr 3rd
Commercial Real Estate Firms Florida
Florida has always been a great place for vacations for everyone because of its permanent warm climate and plenty of tourist spot. That why Florida is going to be first choice for the families to Seattle permanently. Also many businessmen are thinking to set-up their business on the state due to the clear business prospective.
Settlement in Florida and setting up a business in the state is better as compare to other places of country cause of economical crises. Due to
Q&A: What is the difference and definition of commercial, retail, hospitality, residential architecture?
Apr 1st
Question by Manny: What is the difference and definition of commercial, retail, hospitality, residential architecture?
What is the definition (or examples) of each of those 4 as it pertains to architecture or interior design projects or real estate? For example, is a restaurant considered commercial or is that hospitality?
Best answer:
Answer by Mike H
Commercial – Office Buildings
Retail – Malls, shopping stores, etc.
Hospitality – Restaurants, bars, nightclubs…
Residential – homes
Give your answer to this question below!
Rear Window Media Seeks Top Real Estate Agents
Mar 31st
Rear Window Media Seeks Top Real Estate Agents
HOUSTON, TX–(Marketwire – 05/10/10) – Rear Window Media (RWM) is in search of the nation’s TOP REALTORS. The company is expanding its pioneering personal digital billboard solution to real estate agents in select metro areas. Agents who are interested in increasing their visibility, staying ahead of the curve and attracting new clients are finding this new mobile advertising solution to be long …
Read more on Marketwire via Yahoo! Finance
Real estate broker Stracuzzi, family robbed in home by armed men early Monday
STUART — Prominent real estate broker Patrick Stracuzzi and his family were the victims of a Monday morning home invasion robbery in which cash, jewelry and computer equipment were taken, Martin County Sheriff’s Office officials said.
Read more on Indian River Press Journal
Hello world!
Mar 30th
Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!
International commercial property loan scam ended with five people jailed
Mar 30th
International commercial property loan scam ended with five people jailed
Five men have been jailed for running an investment scam through which British expats lost nearly £2million, the Serious Fraud Office (SFO) has said. The men, who operated under the name Prudential Commercial Investments, conned overseas independent financial advisers (IFAs) into persuading their clients to invest money in their commercial property loans business. The victims were told their funds would be channelled into a lending scheme for commercial property buyers in
Q&A: Interview at Prudential Commercial Real Estate?
Mar 29th
Question by The Professional: Interview at Prudential Commercial Real Estate?
This is for an internship position. Do you guys recommend Prudential? They told me after I complete the intership program they’ll pay me to get my license and for all the classes – is this typical of real estate firms? Any other advice or input would be appreciated!
Thanks
Best answer:
Answer by Dawni Do Right
Many brokers that are on recruiting campaigns often offer to pay for you to go through their real estate school or an affiliate’s school.
Most want you to pay for it up front & then they will reimburse you at some point, which could be when you pass the license exam, you hang your license at their office or you get your first commission check.
Many franchised offices such as Prudential, Century 21, Re/Max have in house training programs that are free or sometimes the broker will pay the cost of you to take “Quick Start” or other sales classes that their corporate office is offering after you come on board.
Some offices will team you up with a “mentor”, a seasoned agent that assists you & accompanies you on all your appointments. Often with mentoring programs, a portion of the commission on your first few transactions is paid to the mentor.
Franchise offices are a good place for a new agent. You will have access to a lot to training & managment assistance. These franchise offices also often have some very good tools for you to take advantage of like a personal webite (i.e., PrudentialProperties.com/YourName), nice professional marketing materials.
Give your answer to this question below!
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