Donald J. Trump, CEO of the Trump Organization, comments:
‘Last week I had the honour of globally launching Trump
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Corporate Office Property Trust posted a 7 percent increase in earnings for the second quarter of 2008, bolstered by deals that included a full building lease to Integral Systems Inc. in Columbia.
For the quarter ended June 30, the Columbia-based real estate investment trust reported funds from operations of 61 cents per share, or $34.2 million, up from 57 cents per share, or $31.8 million, in the second quarter of 2007.
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Donald J. Trump, CEO of the Trump Organization, comments:
‘Last week I had the honour of globally launching Trump
Read the rest of this entry »
Newyork teachers commits $130M to private equity Real Estate
The New York City Board of Education Retirement System is looking to deploy approximately $130 million to private equity real estate investments and is seeking exposure to a diverse range of property types through stable return and enhanced/opportunistic investments.
The system has issued a request for qualifications from managers to implement its new mandate via fund of funds or limited partnerships. Individual direct property investments, funds of predominantly
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The New York Times and the International Herald Tribune announced today that they will launch an international edition of The New York Times Real Estate Magazine on Oct. 6.
KEY, The New York Times Real Estate Magazine – International Edition “will be distributed inside the IHT to subscribers, at hotels and on newsstands in major markets in Europe and the Middle East,” a release stated. “It will be published twice a year offering a mix of original content with articles from the U.S. publication.”
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Manhattan real estate prices now sliding
Acording to latest report prices in Manhattan real estate prices now sliding. The average price of a Manhattan apartment ranged from $1.66 million to $1.68 million in the second quarter of 2008, according to separate reports released Wednesday by Brown Harris Stevens, the Corcoran Group, Halstead Property and Prudential Douglas Elliman. That represents an increase of anywhere between 25% and 36% over average apartment prices for the second quarter of 2007.
When two of the most elite addresses in Manhattan with units on the market are excluded – 15 Central Park West and The Plaza –
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