Apollo Said to Buy Citi’s Real Estate Unit
Apollo Management agreed to buy Citigroup ’s real estate investment unit in a move that will more than triple the value of the private-equity firm’s property assets, a person with knowledge of the deal told Bloomberg News on Tuesday.
Read more on New York Times
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Commercial real estate transfers
The most expensive commercial property transfers recorded recently in Hamilton, Clermont, Butler and Warren counties in Ohio; and Boone, Kenton and Campbell counties in Kentucky, based on dollar values of $200,000 or more (data collected from county records):
Read more on The Cincinnati Enquirer
Image taken on 2010-01-28 13:44:37 by C-Ali.
A residential real estate broker, or salesperson seems to have their duties a little more spelled out. The duties of a commercial real estate broker has something to do with ‘due diligence.’ What exactlyl is that?
Actually Roger it did..for some reason when I google it..I came up empty..Thanks.
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Featured Real Estate Video
Douglas Brockhouse, principal with Bender Commercial Real Estate Services in Sioux Falls, South Dakota, discusses some ways to make sure the triple net expenses are paid.
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Also what is the difference between an “agent” and a “broker”..
And is it better to do commercial real estate or residential?
Thanks!
Image taken on 2008-12-01 09:00:00 by kevindooley.
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Commercial Real Estate Finance Uncovered: How to Buy, Invest, Finance, and Broker Commercial Real Estate Transactions This four course educational series covers the basics to the details on how commercial real estate investments are made. The focus is on wealth creation, investment strategies, and how to make money in commercial real estate. [...]
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