Jericho REIT buys 30 properties in four states for $52M

Getty Realty, a publically-traded REIT based in Jericho, bought 30 gas station and convenience store properties from E-Z Mart Stores for $52 million.爱上海同城对对碰 爱上海同城论坛 As part of the deal, Getty turned around and leased the properties in Arkansas, Louisiana, Oklahoma and上海千花网交友 上海千花网论坛 Texas to Virginia-based GPM 爱上海同城论坛 爱上海同城Investments — one of the country’s largest convenience store operators. Getty specializes in owning, leasing and financing these types of properties. As of December 2017, it owned 828 properties and leased another 79 from third-party landlords in 28 states. [LIBN]

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60 Pine Street

Benny Fong buys Down Town Associat爱上海同城对对碰 爱上海同城论坛ion digs in sale-leaseback deal Great Empire Realty paid $28.3 M

60 Pine Street (Credit: Wikipedia)

Benny Fo上海千花网交友 上海千花网论坛ng s purchase of a private club is now public.

Fong s Great Empire Realty bought the Down Town A上海贵族宝贝 上海千花网龙凤论坛ssociation building at 60 Pine Street in Manhattan for $28.3 million, property records filed Monday show. The company will lease the landmarked property back to the club, according to a memorandum filed with the city s Department of Finance.

Fong s Great Empire is based in nearby Chinatown. In Bensonhurst, the company is building a six-story mixed-use building and in Kensington it s converting an industrial building into a 102-unit hotel.

Neither Fong nor a representative for Down Town Association爱上海同城手机版 新爱上海同城对对碰论坛 responded to requests for comment.

DTA was founded in Lower Manha上海贵族宝贝 上海千花网龙凤论坛ttan in 1859. Its Romanesque Revival-style clubhouse at 60 Pine has been frequented by the likes of Franklin Roosevelt, Thomas Dewey and Gherardi David. No denim or sneakers are allowed at the club, according to its website.

Tags: Commercial Real Estate
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Real Estate Non Disclosure Agreement

Non-disclosure agreements, disclosed Industry pros say NDAs do little to muzzle deal gossip

Illustration by Lexi Pilgrim for The Real Deal

Last May, the chairman of 上海千花网交友 上海千花网论坛New York REIT, a company that became notorious for having its dirty laundry aired in public, stressed the clandestine nature of a potential entity-level selloff of its $3 billion portfolio.

The process “generated over 80 executed nondisclosure agreements,” company chair Randolph Read told investors on a conference call at the time.

Those agreements, at least in theory, were designed to ensure the REIT would not have dozens of tongues wagging about prospective deals, which could give some parties unfair leverage.

“As a seller, you don’t really want buyers comparing notes and telling people what they’re bidding,” said Woody Heller , head of the capital markets group at Savills Studley, who was not involved in the negotiations. “You want them to bid based on what they’re paying, but every buyer wants to know what everybody else is paying.”

Despite Read’s proclamation, he and others at New York REIT surely had their doubts about how confidential the information was being kept, as industry players are near-unanimous in their belief that NDAs do little to muzzle shop talk.

“In general, these agreements are the bane of the industry’s existence,” Heller explained. “They don’t really serve a function, yet we all use them. They’re a pain in the neck.”

“I’ve signed 10,000 of them if I’ve signed one, and I’ve never seen one litigated.”

Any real estate pro whose business relies on turning chatter into commissions has had to hear or utter the statement: “I can’t say anything. I’m under a really strict NDA.”

But brokers who have signed one NDA after another say that the agreements are almost never abided by, and even less frequently enforced when an accusation of a breach comes up.

“They come in various degrees of tightness, but if somebody wants to circumvent it, they’re going to do it,” said Peter Hauspurg, CEO of Eastern Consolidated. “It gets done all the time, just by a whisper to a friend. I’ve signed 10,000 of them if I’ve signed one, and I’ve never seen one litigated.”

NDA 101

A boilerplate NDA is a “for your eyes only” agreement, which stipulates that a prospective buyer or broker can share sensitive information about a deal with certain parties – attorneys, partners, lenders, etc. – only insofar as it’s reasonably necessary to market or evaluate the deal. Stricter ones will bar the recipient from acting on that information, such as cutting a deal with a partner for a c上海贵族宝贝交流区 上海贵族宝贝论坛ertain period of time that might be up to three years.

“The weaker ones are silent. The stronger non-disclosure agreements expressly say what other transactions are prohibited,” said Skadden, Arps, Slate, Meagher Flom attorney Evan Levy, who’s worked on drafting many NDAs. “They re not only worried about the non-disclosure, they re also worried about what other transactions you might do.

“Proof is a whole different ke[……]

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U.S. housing market

US ho上海贵族宝贝交流区 上海贵族宝贝论坛me sales plummet, adding to fears of 2019 slowdown The 10% drop in December ended a year that was weakest for existing home sales since 2015

Home sales fell in December

The number of homes sold dropped sharply in December, raising fears that 2019 will be marked by a continued slowdown in the U.S. housing market.

Sales of existing homes dropped 10.3 percent last month compared to the same time in 2017, and 6.4 percent from November, according to a report from the National Association of Realtors, cited in the Wall Street Journal. Many markets saw double-digit declines in existing home sales, including much of California, Seattle, Denver, Maryland, Delaware and Philadelphia, according to the report.

Last month wrapped up the weakest year for home sales since 2015. The market slowed particularly in the second half of the year amid rising interest rates and a greater uncertainty about the stock market and economy at large.

In Chicago, home sales in December fell 16.5 percent year over year, ending a 2018 that saw overall sales drop 3.7 percent and home prices rise 3.2 percent.

December also saw price growth slow, as sellers cut their asks in hopes of getting reluctant buyers to bite. Prices grew 1.2 percent in December, a six-year low, according to Redfin. It predicted the cooling off from the second half of 2018 will continue into this year, with housing inventory rising and price growth continuing to pull back.上海千花网 爱上海同城对对碰

Fewer people think now is a good time to buy a home than at any time at least in the past three years, accordi阿爱上海同城 阿拉爱上海同城ng to a recent survey by the Realtors association. [WSJ] — John O’Brien

Tags: home prices, home sales, National Association of Realtors, Resident上海千花网龙凤论坛 上海千花社区ial Real Estate

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Liberty Property Trust pays $51.8M for pair of industrial assets

A Wayne, Pennsylvania-based real estate investment trust completed a two-building acquisition in Bergen and Middlesex counties last week totaling 270,254 square feet, REBusiness Online reported. Liberty Property Trust’s acquisitions included 115 Moonachie Avenue in Moonachie for $39.6 million and 75 Ethel Road in Edison for $12.2 million. CBRE Group’s Tom Monahan, Stephen D’Amato and Larry Schiffenhaus represented Liberty in the Moonachie purchase, which added 168,800 square feet to Liberty’s portfolio in the Meadowlands, while Lou and Scott Belfer handled the REIT’s ex新爱上海同城对对碰论坛 上海同城对对碰交友社区pansion in Edison, where Liberty snagged a 101,454-square-foot, 22-foot clear property along I-287. Real Estate NJ reported that Liberty’s acquisition in Edison comes just a few months after the firm bought the 369,000-square-foot 1 爱上海龙凤419桑拿 上海龙凤论坛sh1fTruman Drive South for an undisclosed sum from Coh上海龙凤论坛 新上海贵族宝贝论坛en Asset Management and JPMorgan Asset Management. The Real Deal reported last month on New Jersey’s booming industrial property market and a 2018 fourth quarter market report by CBRE found that the Meadowlands and Exit 10 submarkets leased 2.5 mil上海贵族宝贝 上海千花网龙凤论坛lion square feet and 5 million square feet, respectively, last year. Liberty was once a leading developer along the Camden waterfront in South Jersey, but the REIT announced in late 2018 that it would shed its assets in the city and nearby Philadelphia in order to focus on expanding its industrial portfolio nationwide. [REBusiness Online]

Tags: New Jersey
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Remedy atelier is brand-new master piece ” control ” publicize a Lou Yu broken character is blurred

IGN First column explodes now gave development ” Marx admire favour ” , ” quanta is broken ” the Remedy atelier that waits for game of famous motion picture is made newly ” control ” setting is publicized piece, piece in the setting that showed building of game experience thing, broken and depressive, picture cruel dazzle makes a person exclaim. ” Control ” official setting publicizes piece:[……]

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True too many things to see letting a person! ” free power spider a person adept in martial arts and given to chivalrous conduct ” battle coating is final Great Harmony casing

” free power spider a person adept in martial arts and given to chivalrous conduct ” had become history on the strongest super hero adapts play, the whole world sells greatly, also be the game of spider a person adept in martial arts and given to chivalrous conduct with the best sales volume on Suo Ni history, “Spider a person adept in martial arts and given to chivalrous conduct ” the newest film below this big IP ” spider a person adept in martial arts and given to chivalrous conduct: Parallel universe ” also last week 5 in the mainland fair mirror, happy event win IGN year optimal film, BBC year 10 big motion pictures. This classical IP is in 2018 is global big heat really, last week ” free power spider a person adept in martial arts and given to chivalrous conduct ” the Tuobi Makuier that renewed classical fund battle garment, now vitta Up advocate YnSection brings PS4 for us exclusive and super fervent your work ” free power spider a person adept in martial arts and given to chivalrous conduct ” of battle garment investigate extremely Great Harmony casing, will quickly see a that when have you to like! ” free power spider a person adept in martial arts and given to chivalrous conduct ” battle coating is final Great Harmony casing:[……]

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” dark black destroy a god 2 ” the strongest MOD is released formally add a large number of new content

Last year in December, we had reported ” dark black destroy a god 2 ” the strongest MOD ” Median XL ” , this is a MOD that makes by collaboration of a flock of player of shadowy vermicelli made from bean starch, begin to undertake continuously updating from 2008. Now the official version of this MOD 1.0.0 had released, interested player can download an experience freely. Mod downloads an address: Click enter
“Median XL ” new version increased region of new mastery of a skill or technique, new an eccentric person, new Boss, new developed area and new stage property, divide this beyond, in new engine it is OK to be driven the resolution with higher implementation. This MOD is returned not common to CD of automatic collect, skill, without death the function such as penalty undertook adjustment. Player even if is done not have ” dark black destroy a god 2 ” advocate form, also can download installation amuse oneself freely. [……]

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3V3 cultivate land is right definitely ” imitate farm ” establish electric contest alliance match of the open inside year

Send the period that extend flourishingly in industry of this report contest, many game aimed at this big cake to establish electric contest alliance, for instance ” the rocket is allied ” , ” keep watch pioneer ” , ” mission call ” and ” NFL19 ” etc. The old brand match such as CS, Dota, LoL is to absorb gold more countless. The game that expect is less than a players nowadays also joined this procession, that is ” imitate farm ” . Today, GIANTS Software, announce to will be in ” imitate farm ” tounament contest of a report plans open of the 2nd sports season. “” imitate farm ” tounament will turn into ” imitate farm ” electric contest is allied. The electric contest match that this will be a maturity is allied, 10 matches are set in Europe. When sports season ends, take part in the match the team will be contended for ” imitate farm ” champion honor and value the bonus of 100 thousand euro. ” this company also confirms in announcement, every match can be the team that picks the name that get a head to offer integral not just, still can offer the bonus that does not poor, make the total stake amount of the 2nd sports season achieves 250 thousand euro. The program of the match is very normative, also attracted the investment of many industry tycoons, for instance collect ability GT, nitrado and Intel. The CEO Christian of GIANTS Software explains: “We grasped this unique opportunity. The farm imitate of athletics sex was accumulated for years cannot the group of vermicelli made from bean starch of small gaze, but had not undertaken in the domain of electronic athletics so far. Our company also has a lot of electric contest fan, ground of their too impatient to wait wants to reveal cultivate land to the world also can fun of give attention to two or morethings and athletics sex. I believe, we were found true farming the equilibrium point of agrarian experience and fun, enough attracts each player. ” ” imitate farm ” electric competition issue will undertake with the mode of 3V3, team general undertakes contend in the farm operation project of whole side, who seeing just is king of real firepower cultivate land. And specific contest makes pattern, GIANTS Software assures to will be in before long reveal in detail to the masses in the future. [……]

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Epic shop ” corpse world war ” depreciate already player of purchase in advance can obtain price difference

Recently ” corpse world war ” the government announces, game depreciates in Epic game store. Already the player that purchase in advance should make also can enjoy welfare of price of accept a surrender accept a surrender, epic shop will go back of game price difference. ” corpse world war ” cost price 39.99 dollars, now price 34.99 dollars. The government expresses to depreciate this is for sales promotion of purchase in advance only, game is in on April 16 when put on sale, the price will restore to be 39.99 dollars. Before purchase in advance this made player, can receive the 5 dollars price difference of Epic go back. As to why to choose Epic game store, 12% what Saber Interactive says Epic shop takes income only, remain put in game company ‘s charge, to capital pressure is a good news for bigger company, the company can invest more money in game development. [……]

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