Vornado Sweetens Its Bid for an Office Landlord
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Vornado offered to modify its $41 billion bid for Equity Office Properties by paying the cash portion of its offer within a few weeks.
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Nonprofit groups are figuring out how to dodge escalating rents in Washington's hot commercial real estate market: They're buying office condos.
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Equity Office Properties Trust, the target of the largest real estate takeover, yesterday rejected a $41 billion offer from Vornado Realty Trust, saying a $38.3 billion cash bid by Blackstone Group L.P. is less risky for shareholders.
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By Rachel Cohen  SAN LORENZO -- Owners of small apartment buildings who want to fix up their property can now seek a loan from a county program that in the past has catered only to single-family properties.
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Owners are paying special attention to the Âcurb appealÂ of well-designed lobbies to attract premium tenants.
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Auction company is apparently drawn to the classifieds model pioneered by community resource site.
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Landlords are enjoying booming times these days as more people are choosing to rent.
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By David Bracken, The News & Observer, Raleigh, N.C.  Feb. 16--FUQUAY-VARINA -- Developer Bill Akins doesn't mind being one of the first to bet on downtown Fuquay-Varina's re-emergence; he just hopes to eventually have some company.
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Vornado Realty Trust  said on Wednesday it has terminated its cash and stock proposal to acquire Equity Office Properties Trust , paving the way for private equity firm Blackstone Group to take over the top U.S. office landlord for $23 billion.
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A prospective buyer says the early municipal Wi-Fi service could have thousands more subscribers.
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Corporate housing can be a boon for developers during a buildingâs transition from rental to condominium or for condominium investors facing a sluggish market.
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Developer that owns most of the Virginia neighborhood's commercial property is giving its shopping and entertainment center a new look.
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Vornado Realty Trust  said on Thursday it raised its takeover offer for Equity Office Properties Trust  to $56 per share, above a rival bid of $54 per share from private equity firm Blackstone Group that Equity Office has already accepted.
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U.S. suburban office space has become a favorite among developers and is attracting tenants squeezed out of downtowns by surging rents, according to a report by real estate services company CB Richard Ellis Group Inc..
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The Blackstone Group  raised its bid for Equity Office Properties Trust  to $55.50 per share in cash on Tuesday after rival bidder Vornado Realty Trust  sweetened its offer in the latest step in a fight to control the top U.S. office landlord.
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The real estate company seems to have the right results and the right investors.
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Move's Realtor.com is growing again.