Current issue -
Subscribers only
|
|
|
|
|
Volume 2 - Number 21 | November 2, 2004
|
TOP STORY: NorthStar Realty Finance Goes Public; Spirit Finance IPO Looms
By Michelle Napoli
New York City-based NorthStar Realty Finance Corp., which counts investment in net-lease properties among its business lines, went public on Oct. 26 with plans to qualify as a REIT. The company sold 20 million shares at $9 apiece—the low end of an anticipated $9 to $11 range—on the New York Stock Exchange under the symbol NRF.
|
 |
INSIDER: Lexington Corporate Properties Trust’s Richard J. Rouse
By Michelle Napoli
Lexington Corporate Properties Trust owns and/or manages more than 140 properties totaling approximately 30.4 million sf. Its most recent transaction was the purchase, with one of its joint venture partners, of an office facility in Rancho Cordova, CA for $31.8 million. NET LEASE forum editor Michelle Napoli recently spoke with vice chairman and chief investment officer Richard J. Rouse.
|
|
NAR Committees To Address Possible TIC Fee Policy
By Michelle Napoli
The National Association of Realtors may take an official stance on the issue of whether and how real estate brokers might be able to earn fees for directing clients into tenant-in-common investments at its annual meeting this week. The 1 million-member-strong association, said to be the biggest lobbying group in Washington, will gather for its annual conference and convention in Orlando, FL Nov. 5 to 8.
|
|
TICs All The Talk At RealShare Dallas
By Michelle Napoli
With Dallas home to one of the largest concentrations of tenant-in-common investment sponsors outside of California, discussion of the TIC business surfaced throughout the RealShare Dallas conference on Oct. 26.
|
|
|
|
|
|
|
|
|
