Real Estate

Feb 12, 2007

Vornado Loses Bidding War

Biz Briefs

Feb 12, 2007

Chill Extends to the Housing Market

Biz Briefs

Feb 7, 2007

Vornado Terminates Offer to Buy Equity Office Properties

Vornado Realty Trust today announced that it has terminated its $41 billion bid to purchase Equity Office Properties Trust, the nation’s largest office landlord. The Chicago-based

Feb 5, 2007

We Have a REIT Bidding War

Biz Briefs

Feb 2, 2007

Equity Office Properties Rejects Vornado Offer

Vornado Realty Trust was dealt an apparent setback today as Equity Office Properties Trust (EOP) rejected a $41 billion buyout bid from the Paramus real estate investment trust. Chicago-based EOP issued its statement after consulting with its financial and legal advisors about Vornado’s $56 a share

Jan 29, 2007

Downtown Goes Upscale

Around the State - North Jersey

Jan 29, 2007

Making Two Big Real Estate Players into One

The NJBIZ Interview – Ray Sohmer

Jan 26, 2007

Housing across the Pond

Around the State - North Jersey

Jan 25, 2007

Court Strikes Down COAH Rules

In a decision delivered today, the state’s Appellate Division struck down key provisions of the Council on Affordable Housing (COAH) rules regarding municipal affordable housing obligations for the period 1999 to 2014. It mandated that COAH adopt lawful regulations within six months and barred the state

Jan 24, 2007

PHH to Cut Costs by 50 million in 2007, Job Cuts Likely

PHH in Mount Laurel, a provider of fleet-management and mortgage services, said job cuts in its mortgage-production and mortgage-servicing division will help the company save about $50 million in 2007. In addition to cutting jobs, the company said it will reduce its spending on Internet technology and outsourced

Jan 23, 2007

PREI Goes To India

Prudential Real Estate Investors (PREI) in Parsippany today said it is investing in Indian properties through Beekman Helix India Partners (BHI), a merchant bank based in McLean, Va. PREI has made three investments totaling $50 million so far in a program managed by BHI, which

Jan 15, 2007

Everything Must Go

Around the State - South Jersey