BLUESTONE IN THE NEWS
October 31, 2007 -
PUBLIC
EXIT: INDUSTRY OBSERVERS WEIGH IN ON THIS MONTH'S PENDING ACQUISITION
OF ARCHSTONE-SMITH AND HOW THE DEAL-OR ITS COLLAPSE-WILL EFFECT THE
BROADER CYCLE OF MULTIFAMILY REIT PRIVATIZATIONS
MultiFamilyMen
Executive BlueStone Chairman, Matthew McManus, weighs in on how current market trends effect REIT privatizations.
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September 20, 2007 -
MARKET, INDUSTRY RALLIES AFTER FED RATE CUT
GlobeSt
Matthew McManus discusses the impact on commercial real estate of the federal funds rate cut announced September 19th.
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August 17, 2007 -
WEB-EXCLUSIVE SUBPRIME CRISIS CREATES OPPORTUNITY FOR WORKFORCE HOUSING DEVELOPERS
Multi-Housing News
An
increase in subprime mortgage default rates has increased the number of
foreclosures due to delinquencies in mortgage payments in workforce
housing, which will increase the supply of single-family homes and the
demand for workforce housing apartments.
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August 4, 2007 -
VERTEX HQ TRADES IN $26M SALE-LEASEBACK
GlobeSt
BlueStone
Real Estate Capital has secured the financing for Trinity Capital
Advisors' $26.5 million purchase of the headquarters of Vertex Inc., a
tax-software company based in Berwyn, Pa.
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July 3, 2007 -
BH PROPERTIES TAKES 98,544-SF OFFICE BUILDING
Property News
PA-based Korman Residential has secured $50 million in senior financing to acquire the 776-unit River Chase Apartments.
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July 2, 2007 -
$50M FINANCING SPURS VALUE-ADD ACQUISITION
GlobeSt
PA-based Korman Residential has secured $50 million in senior financing to acquire the 776-unit River Chase Apartments.
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June 27, 2007 -
BLUESTONE’S DEBUT FUND ADVANCES
Real Estate Alert
BlueStone Real Estate Capital has earned $100 million of equity for its debut opportunity fund.
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June 10, 2007 -
DEALMAKERS: KORMAN CHRISTINA MILLS - NEWARK, DE
Commercial Mortgage Insight
BlueStone Real Estate Capital served as an advisor between Korman Residential and its equity partner, a private REIT.
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June 2, 2007 -
PROJECT COSTS PACKING A PUNCH
Hotel Journal: Innside Real Estate
BlueStone Real
Estate Capital has reported an increase in material costs for the
construction and heavy renovation of large hotels.
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April 10, 2007 -
BLUESTONE REAL ESTATE CAPITAL SECURES $136 MILLION CONSTRUCTION LOAN FOR INTERCONTINENTAL HOTEL
Real Estate Business From Coast to Coast
BlueStone
Real Estate Capital has secured a $136 million debt/mezzanine
construction loan and 5-year mini-perm for the development of an
InterContinental Hotel in Rosemont, Ill.
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April 9, 2007 -
BLUESTONE REAL ESTATE CAPITAL SECURES HOTEL FINANCING
Crittenden Hotel/Lodging News
Real Estate Capital secured financing for Mid-America Development
Partners and the Harp Group's $152M InterContinental Hotel in Rosemont,
Ill.
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April 2, 2007 -
DEVELOPER SECURES $136M FOR INTERCONTINENTAL
GlobeSt
BlueStone
Real Estate Capital has secured $136 million from Amalgamated Bank's
Ultra Fund for the construction of a 563-key InterContinental Hotel, a
$152 million project developed by the Mid-America Development Partners
and the Harp Group.
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