Finance Institutional Investment
Eaton Vance Funds Grab Two-Building Suburban D.C. Office Complex for $95M
Aug 8, 2008

A two-building office property occupied by CareFirst BlueCross BlueShield in Owings Mills, Md., has been sold to two owners. But the two funds are both managed by Eaton Vance Management's real estate investment group. Each acquired one of the 390,000-square-foot complex's structures from General Growth Properties Inc. Located at 10455 and 10453 Mill Run Circle, the office complex sits just a stone's throw from I-795 and less than an hour from Washington, D.C. Both buildings are 100 percent leased to the healthcare insurer under a long-term agreement.

 
Recent Institutional Investment Headlines
First Industrial to Invest in New State-of-the-Art Logistics Facilities in Belgium
Oct. 08, 2008
First Industrial Realty Trust Inc.has announced that it has signed on to invest in two state-of-the-art distribution facilities in the heart of Belgium's "Golden Triangle." The deal concerns a two building, 1.3 million square-foot business park, which will be known as "First Park Maritime Logistics" on a site that intersects the municipalities of Bornem and Puurs.
Financial Market Update: After the Closing Bell- Tuesday, Oct. 7
Oct. 07, 2008
The Federal Reserve intends to set up a special fund to lend directly to businesses that are finding it hard to borrow due to the timidity of banks in the current climate. The fund will be prosaically known as the Commercial Paper Funding Facility, and will buy three-month unsecured commercial paper. Both the Fed and the U.S. Treasury will fund the entity.
bernanke Central Banks Rally to Stem Financial Crisis
Oct. 07, 2008
In further efforts today to limit the growing damage from the world financial crisis, the Federal Reserve announced that it will step into a new area, buying unsecured commercial paper, and the finance ministers of the European Union appeared poised to finally coordinate their initiatives.
wachovia_logo Wachovia Deal Halted for Citi, Wells Fargo Discussions
Oct. 07, 2008
With a ceasefire in place, Wachovia, Citigroup and Wells Fargo stopped the litigation carousel--but only till noon Wednesday--after the Federal Reserve stepped in to the fracas to help mediate a solution.
Financial Market Update: After the Closing Bell-Monday, Oct. 6
Oct. 06, 2008
Yo-yoing has become the norm on Wall Street as the Dow Jones Industrial Average stampeded down about 800 points and then sprang back up again toward the end of the trading day Monday, finishing down 369 points for the day. The Dow also ended below the 10,000 point mark for the first time in four years.
 

 

Hilton Plans 150 Hotels in Caribbean, Latin America
October 07, 2008
By Barbra Murray, Contributing Editor -- Taking yet another big step toward its goal of increasing its international portfolio by 1,000, Hilton Hotels has revealed that the behemoth Beverly Hills-based hospitality concern will step up its presence in the Caribbean...

Parkbridge Completes $32M Financing, Closes on Seniors Communities
October 07, 2008
By Tom Dworetzky, News Editor -- Parkbridge Lifestyle Communities Inc. has announced the completion of a $32 million financing of one of its properties. The financing generated net proceeds of $13.2 million after repayment of a pre-existing first mortgage loan...

ProLogis Leases 460,000 SF in Shanghai
October 07, 2008
By Tom Dworetzky, News Editor -- ProLogis has announced it has leased a total of approximately 460,000 square feet to two customers in Shanghai, China In the Pudong submarket of Shanghai, at ProLogis Park Jinqiao, ProLogis has leased approximately 192,000...

Behringer Harvard Expands European Portfolio, Buys 7 Properties
October 07, 2008
By Elena Gontar, Staff Writer -- Behringer Harvard continues to expand its presence in Central Europe. The company has acquired seven additional assets--a retail property in Hungary, five retail properties in the Czech Republic and a Czech logistics facility--via Wenceslas...

REal Talk with Adam Perrotta-Monday
October 06, 2008
By Adam Perrotta, News Writer --If it's true that misery loves company, the struggling American financial sector can at least take some solace in the fact that Europe is not immune to difficulties of its own, such as the struggles...

Management Matters with Mike Myatt: Partisan Politics Not Always Bad
October 03, 2008
The truth about partisan politics is that contrary to public opinion, it's not always a bad thing. Likewise, bipartisan efforts don't always reflect altruistic behavior and selfless acts. From my perspective, it isn't necessarily the stance you take, but rather...

Management Matters with Mike Myatt: Facing Up to Rogue CEOs
September 26, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --Rogue CEOs. Given the recent failures of banks and financial institutions previously thought to be untouchable, there has been a tremendous amount of justifiable venom being spewed at the CEOs of these firms....

When to Consider Corporate Restructuring
September 19, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Times are tough, and they're likely to get tougher, so my question is this; Should you, or should you not, consider a move toward corporate re-engineering? Whether directly or indirectly, your business will...

Expectation Alignment Key to 'Promise Management'
September 05, 2008
by Mike Myatt, Chief Strategy Officer, N2growth --The art and science behind making commitments and managing expectations has always been a critical skill set for senior executives and entrepreneurs to master. In fact, understanding how to come out on the...

It's All In The Message
August 29, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Top CEOs understand the power, influence, and leverage created by great messaging. Do you ever find yourself sitting back and marveling at those chief executives who always seem to have the right thing...