Joe Kelly's (bridge-loan) Blog

With iPads, iPhones, laptops and other products flying off the shelves this holiday season, fast-growing Apple Inc. has closed on the purch-ase of Hewlett Packard's nearly 100-acre campus site in Cupertino, CA. Read more on this story fromCostar here------------------------------------------You c...

Richmond, VA-based Apple REIT Companies has tapped Eastdil Secured as the financial advisor to assist in evaluating various strategic alternatives for its Apple REIT Six nontraded REIT, including a possible sale, merger or public listing of the company's shares. Read more on this story fromCostar...

American Greetings announced that it is focusing on seven sites for the location of its 2,000-employee corporate headquarters. Read more on this story fromCostar here------------------------------------------You can instantly receive news updates like this via the RSS feedfor the main blog on our...

Spending on new construction rose in October for a second month in a row, due mainly to a pickup in resid-ential construction, according to the U.S. Census Bureau. Read more on this story fromWall Street Journal here------------------------------------------You can instantly receive news updates ...

The real-estate firms managing the swelling volume of distressed com-mercial mortgages that were sliced and diced on Wall Street are blazing new trails as they pick up the pace of working through bad loans. Read more on this story fromWall Street Journal here--------------------------------------...

W.N. "Neil" McMurry—a former Wyoming highway contractor and amateur prospector who struck it rich when he discovered a huge natural gas deposit in the south-west corner of the state—is dive-rsifying further as a real-estate developer. Read more on this story fromWall Street Journal here----------...

Mall developers, desperate for growth, are rushing downscale to build outlet centers that hawk brand-name clothes at discount prices. Read more on this story fromWall Street Journal here------------------------------------------You can instantly receive news updates like this via the RSS feedfor ...

Google Inc. has signed a contract to buy the building that houses its New York City offices, in a deal that values the property at close to $1.9 billion, according to people familiar with the matter. Read more on this story fromWall Street Journal here------------------------------------------You...

During the boom years, Morgan Stanley's vaunted real-estate investing unit bought trophy office buildings in San Francisco, a Boston development project, and glittering lodging properties like Hawaii's Grand Wailea resort. Read more on this story fromWall Street Journal here----------------------...

CB Richard Ellis Rallies With Its Gamble on Outsourcing.CB Richard Ellis Group Inc.'s $2.2 billion acquisition of Trammell Crow near the top of the boom saddled the real-estate firm with so much debt, some worried during the depths of the downturn that the company wo-uld topple. Read more on this...