After five consecutive court defeats, the City of East Palo Alto has agreed that rent increases initiated earlier this year by a major property owner are legal after all. Lawyers for East Palo Alto say the City will permanently dismiss claims against Page Mill Properties, which represents the investors and property owners of 1789 rental units in the Woodland Park neighborhood west of Highway 101 in East Palo Alto. “I’m pleased that these false...
Eurocastle Investment Limited (“the Company”) primarily owns and invests in German commercial property. The Company and its subsidiaries (“the Group”) has Euro denominated shares which are currently listed on Euronext Amsterdam, under the symbol “ECT” and on the Frankfurt Stock Exchange, under the symbol “EUI1″. Eurocastle is managed by an affiliate of Fortress Investment Group LLC. For more information...
Unique Homes, the leading worldwide source for luxury real estate, today announces the launch of a newly enhanced website, www.UniqueHomes.com. Teemed with state-of-the-art features and technology, UniqueHomes.com provides affluent home buyers with an unparalleled search experience, making it easy for qualified prospects to find the homes that meet their needs and connect immediately with the agents who represent them. For over 35 years, Unique Homes...
Prime Group Realty Trust Chicago-based real estate investment trust (REIT), announced today that the premier, Class A, 975,000 square-foot Continental Towers office complex in Rolling Meadows, IL, controlled and managed by Prime Group Realty Trust, was recently named “The Outstanding Building of the Year” (TOBY) for the Chicago Suburban market by the Building Owners and Managers Association (BOMA) of Suburban Chicago. This is the fourth time in...
Extra Space Storage Inc. announced today that the Company’s Executive Vice President and CFO, Kent Christensen, will give a company presentation followed by a breakout session at the Bank of America 38th Annual Investment Conference on Wednesday, September 17, 2008 starting at 10:30 a.m. Pacific Time. The presentation and breakout session will be broadcast live over the Internet and can be accessed by all interested parties through the Company’s...