To see more please click here.
Wednesday, December 2, 2009
Sunday, November 1, 2009
Thursday, July 2, 2009
Saturday, May 16, 2009
Thursday, April 2, 2009
Boston's Hancock Tower Sold at a Distressd Sale Price
From a seller's perspective, the sale price of Boston's Iconic
John Hancock Tower but positive. The 60 story building, the
tallest in the city skyline was purchase at a foreclosure auction
in New York City by a partnership between Normandy Real
Estate Partners and Five Miles Capital Partners for $660.6 million.
That price represent a 50% discount on the $1.3 billion Broadway
Partners paid Beacon Capital Partners for the property in December
2006. Beacon paid $586 million for the asset in 2003. Normandy
Real Estate and Five Miles Capital Partners reportedly had
acquired $75 million of the debt on the 1.7 million sq. ft. property
in June. Early this year Broadway defaulted on the loans, putting
the lenders in position to buy the property.
To see more please click here.
Thursday, March 12, 2009
Monday, January 5, 2009
Trump International Tower Panama
Donald J. Trump Founder and CEO of Trump International launches his first luxury development in Panama.
Trump International Tower Panama will be located in the Punta Pacifica Peninsula in Panama City, Central America. This great tourist residential and hotel complex of more than 2.6 million square feet is now being built in full swing in the strategic and most exclusive community of Punta Pacifica in Panama City and it is destined to become a world class landmark and an icon.
To see more please click here.
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