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Invacare sells properties in leaseback deal – Chronicle

Invacare has sold its Elyria and North Ridgeville buildings and one in Sanford, Fla., for $23 million in a leaseback deal that company officials say will allow them to pay debt. “The transaction will not affect our day-to-day operations,” Matthew … Continue reading

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Boston Properties (BXP) Beats Q1 FFO Estimates, Guides Up

You are being directed to ZacksTrade, a division of Zacks Company and licensed broker-dealer. ZacksTrade and Zacks.com are separate but affiliated companies. The web link between the two companies is not a solicitation or offer to invest in a particular … Continue reading

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Investment firms snap up properties in Charlotte, Salt Lake City

Birmingham, Ala.-based Harbert United State Real Estate Fund V has closed on two Salt Lake City office properties and a Charlotte apartment community. An investment firm based in Birmingham, Ala., has closed on its separate purchases of a Charlotte apartment … Continue reading

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Boston energy firm makes bid for Rockland City Hall property

ROCKLAND, Maine — An energy company based in Boston wants to build a natural gas-fired energy plant to produce steam and electricity on property now occupied by City Hall and the public services garage. Rockland Energy Center LLC, care of … Continue reading

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Local developer purchases Houston Street properties – San Antonio Express

GrayStreet Partners, an emerging downtown real estate player from San Antonio, has purchased nine Houston Street properties from Federal Realty Investment Trust of Maryland with plans to invest between $150 million to $200 million in those and the rest of … Continue reading

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Portland will inspect other properties owned by landlord

Portland officials say they plan to inspect at least four other properties that appear to be owned by the same person who owns the apartment building at 563 Cumberland Ave., where a man fell through a porch railing to his … Continue reading

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Garages burn at vacant properties in Flint

FLINT, MI – A fire consumed the garage of an abandoned home in Flint and spread to two neighboring garages on Monday, April 27. The Flint Fire Department arrived to a garage engulfed in flames in the 2200 block of … Continue reading

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Boston Properties profit triples on sales gains

Boston Properties Inc.’s BXP, -0.05% first-quarter profit rose sharply as the real-estate investment trust recorded another gain on sales of real estate. The Boston-based company, which focuses on office space, raised its projection for the year to between $5.35 and … Continue reading

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Hagan Properties to develop two East End apartment complexes

The Paddock at Sawyer Park will have 22 two-story buildings with one-, two- and three-bedroom apartments. See correction at end of article. Louisville-based Hagan Properties Inc. is ready to return full-force into residential development after being stalled by a lawsuit … Continue reading

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Bulgari, Dubai developer Meraas to build luxury properties – U

DUBAI, United Arab Emirates (AP) — Well-heeled Middle Eastern fans of Italian jewelry and watch maker Bulgari will soon be able to surround themselves in the luxury brand at all hours of the day. The Rome-based jeweler and Dubai property … Continue reading

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