Tag Archives: Core Assets

Calpers Cuts Risk and Finds Reward, for Now

By CRAIG KARMIN Double-digit property returns for California pension giant Calpers are offering early evidence that the fund’s closely watched real-estate strategy may be paying off. A year ago, the California Public Employees’ Retirement System, the nation’s largest public pension … Continue reading

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Largest US Pension Fund Buys Ownership Stake In Real Estate Firm

One month after the second-largest U.S. pension fund acquired a controlling interest in a national real estate development firm and its portfolio for more than $800 million, the largest public pension fund in the U.S., the California Public Employees’ Retirement … Continue reading

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MPG Office Trust Completes Disposition of Non-Core Assets and Enters into New …

LOS ANGELES, Mar 30, 2012 (BUSINESS WIRE) – MPG Office Trust, Inc. /quotes/zigman/597410/quotes/nls/mpg MPG -0.43% , a Southern California and Downtown Los Angeles focused real estate investment trust, completed the previously announced transactions between MPG, Charter Hall Office REIT and … Continue reading

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Calloway Real Estate Investment Trust Announces Strong Fourth Quarter and Year …

TORONTO, ONTARIO, Feb 23, 2012 (MARKETWIRE via COMTEX) – Calloway Real Estate Investment Trust /quotes/zigman/26272 CA:CWT.UN -0.15% is pleased to report its results for the fourth quarter and year ended December 31, 2011. Highlights of the Quarter: — Maintained portfolio … Continue reading

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Lee & Associates Transacts $4.8 Million Sale of Retail Office Building From Lowe’s

Torrance, CA – January 30, 2012 – (RealEstateRama) — The Lee Associates-LA North/Ventura team of Jay Martinez, Stephanie Skrbin and Mike Tingus executed the sale of a 38,788-square-foot mixed-use building that had been owned by Lowe’s Companies, Inc. (NYSE: LOW) … Continue reading

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American Realty Advisors Announces the Acquisition of Core Assets Located in …

GLENDALE, CA, Oct 03, 2011 (MARKETWIRE via COMTEX) – American Realty Advisors, a leading provider of real estate investment management services to institutional investors, announced today the acquisition of three institutional-grade core real estate properties. The acquisitions were completed on … Continue reading

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Calloway Real Estate Investment Trust Releases Second Quarter Results

TORONTO, ONTARIO, Aug 04, 2011 (MARKETWIRE via COMTEX) – Calloway Real Estate Investment Trust /quotes/zigman/26272 CA:CWT.UN +0.32% is pleased to report strong results for the second quarter ended June 30, 2011. Highlights: — Maintained portfolio occupancy rate above the 99% … Continue reading

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Macerich, General Growth Announce Property Swap and Cash Deal

            Jun 6, 2011 11:57 AM, Staff Reports The Macerich Co. and General Growth Properties Inc. announced a deal for the sale to Macerich of General Growth’s one-third ownership interest of Superstition Springs Mall and Arrowhead Towne … Continue reading

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MPG Office Trust Disposes of Non-Core Asset

LOS ANGELES–(BUSINESS WIRE)–MPG Office Trust, Inc. (NYSE: MPG), a Southern California-focused real estate investment trust, today announced that it has completed the disposition of the Westin® Pasadena Hotel located in Pasadena, California. The Company received proceeds of $92 million, net of transaction costs, of … Continue reading

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MPG Sells Non-Core Assets

MPG Office Trust Inc. (MPG – Snapshot Report), a real estate investment trust (REIT), has recently sold a non-core asset as part of its strategic plan to own and manage a core set of assets and increase its liquidity. The … Continue reading

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