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Boston Properties Closes $375M Financing of Four Embarcadero Center Using the proceeds to pay down its unsecured line of credit, Boston Properties Inc. has closed on an eight-year, $375 million loan secured by Four Embarcadero Center in San Francisco. The loan was provided by a syndicate of life insurance companies and bears interest at a fixed rate of 6.10 percent annum. STAG Capital Kicks Off Industrial Fund with Anticipated $1.3B Buying Power Boston-based STAG Capital Partners has initiated STAG Investments V L.P., a fund targeting commitments of $400 million for the acquisition of predominantly high-yield single-tenant industrial properties across the country. Economists, Finance Leaders Take Capital Markets? Pulse at Manhattan Conference How the global financial system got to its current state--and prospects for commercial real estate capital markets--took center stage Monday at a capital markets conference in Manhattan sponsored by the law firms Goodwin Procter L.L.P. and SJ Berwin L.L.P. Economists, Finance Leaders Take Capital Markets? Pulse at Manhattan Conference How the global financial system got to its current state--and prospects for commercial real estate capital markets--took center stage Monday at a capital markets conference in Manhattan sponsored by the law firms Goodwin Procter L.L.P. and SJ Berwin L.L.P. Economists, Finance Leaders Take Capital Markets? Pulse at Manhattan Conference How the global financial system got to its current state--and prospects for commercial real estate capital markets--took center stage Monday at a capital markets conference in Manhattan sponsored by the law firms Goodwin Procter L.L.P. and SJ Berwin L.L.P. Financial Market Update-Bair, Paulson Quarrel in Burning House Federal Deposit Insurance Corp. Chairman Sheila Bair is on the warpath for more aggressive government intervention in the foreclosure crisis, saying today before the House Financial Services Committee that the government is "clearly falling behind the curve" on the issue. Financial Market Update-Bair, Paulson Quarrel in Burning House Federal Deposit Insurance Corp. Chairman Sheila Bair is on the warpath for more aggressive government intervention in the foreclosure crisis, saying today before the House Financial Services Committee that the government is "clearly falling behind the curve" on the issue. Financial Market Update-Bair, Paulson Quarrel in Burning House Federal Deposit Insurance Corp. Chairman Sheila Bair is on the warpath for more aggressive government intervention in the foreclosure crisis, saying today before the House Financial Services Committee that the government is "clearly falling behind the curve" on the issue. CBRE Promotes 4 to SVP CB Richard Ellis has promoted Sacha Zarba, Doug Lehman, Andrew Sussman and Bill Mooney to senior vice president. They were previously first vice presidents. $2B Deal for Pair of NYC Offices Reportedly Falls Through Two New York City office properties are back on the market, as a deal under which George Comfort & Sons would have acquired the assets--1540 Broadway and Worldwide Plaza--for some $2 billion has fallen through. COPT Breaks Ground on Maryland Office Project Corporate Office Properties Trust has broken ground on the first office building at North Gate Business Park located adjacent to the Aberdeen Proving Ground in Harford County, Md. COPT will soon start a second building at the site. The 80,000- to 85,000-square-foot buildings will cost an estimated $16.5 million each, for a total of $33 million. Financial Market Update - A Tough Day for The Ultrawealthy The Dow Jones index started down, bumped up a little, then went down again, and then... the usual undulations, in other words. By the end of the day, however, the Dow was down 233.73 points, or 2.63 percent. The S&P 500 dropped 2.58 percent and the Nasdaq was down 2.29 percent. Financial Market Update - A Tough Day for The Ultrawealthy The Dow Jones index started down, bumped up a little, then went down again, and then... the usual undulations, in other words. By the end of the day, however, the Dow was down 233.73 points, or 2.63 percent. The S&P 500 dropped 2.58 percent and the Nasdaq was down 2.29 percent. New ProLogis CEO Details Plans to Put Company Back on Track In a presentation to investors Thursday, new ProLogis CEO Walter Rakowich, the company’s former president & COO, fleshed out some specifics about how the world’s largest developer/owner of distribution facilities will move forward past its current crisis. In addition, a new report on equity REITs documents just how much those entities have been shaken up lately. Financial Market Update: Consumers Decide to Stay Home After yesterday's upward bump, the Dow Jones index slipped into another downward course today losing some 338 points, or 3.82 percent. The S&P 500 slipped more, 4.17 percent, and the Nasdaq even more than that, an even 5.0 percent. Financial Market Update: Consumers Decide to Stay Home After yesterday's upward bump, the Dow Jones index slipped into another downward course today losing some 338 points, or 3.82 percent. The S&P 500 slipped more, 4.17 percent, and the Nasdaq even more than that, an even 5.0 percent. Financial Market Update: Consumers Decide to Stay Home After yesterday's upward bump, the Dow Jones index slipped into another downward course today losing some 338 points, or 3.82 percent. The S&P 500 slipped more, 4.17 percent, and the Nasdaq even more than that, an even 5.0 percent. Weingarten, Hines REIT Form $271M Venture Weingarten Realty Investors and Hines Real Estate Investment Trust Inc. have formed a joint venture, in which a subsidiary of Hines REIT will acquire a 70 percent interest in a Weingarten portfolio of 12 supermarket-anchored shopping centers. D.C. Office Project Nets $194M in Financing Even as credit markets remain largely frozen, some financing deals are still getting done, even very large scale loans. Case in point; the $194 million that developer Connecticut & K Associates L.L.C. just landed for the construction of 1000 Connecticut Avenue, a 12-story, 383,000-square-foot office building planned for Washington, D.C. $1B CRE Finance Company Makes Debut Ladder Finance Capital L.L.C. has announced that it is up and ready to do business. Based in New York City, the new firm will specialize in commercial real estate finance--certainly a market in the midst of some upheaval. The company has approximately $1 billion in equity and debt capital to put to use.

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