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Single-Tenant Building Loan - News Articles

$17 million Nevada City land deal despite bleak economy | TheUnion.com
Oct 3, 2008
The Union of Grass Valley, CA -
By Jeff Pelline Expressing a vote of confidence in the county and a large employer despite a bleak economy, East Coast investors have quietly bought the 60-acre parcel leased by Thomson Grass Valley for $16.75 million, The Union has learned. It is one of ...
Sembler Sells 1.14M-SF Central Florida Retail Center to Cole Real Estate Investsments - CoStar Group
Oct 4, 2008
CoStar Group, MD -
Such a transaction is not typical for Cole -- the company typically acquires single tenant retail properties net-leased to high credit tenants. Cole continues to be one of the most active retail real estate buyers in the marketplace, despite the credit ...
$17 million Nevada City land deal despite bleak economy | TheUnion.com
Oct 3, 2008
The Union of Grass Valley, CA -
By Jeff Pelline Expressing a vote of confidence in the county and a large employer despite a bleak economy, East Coast investors have quietly bought the 60-acre parcel leased by Thomson Grass Valley for $16.75 million, The Union has learned. It is one of ...
Under Contract (Sept. 28-Oct. 4): On Again, Off Again - CoStar Group
Oct 2, 2008
CoStar Group, MD -
The property is subject to a lease with a single tenant with a 15-year term. Closing is expected this month. The agreed upon purchase price is $29.4 million . Consolidated Biscuit Co. intends to acquire Tecumseh Products Co. former manufacturing and office facilities ...
UPDATE 5-Citigroup to acquire Wachovia banking operations | Deals | Mergers & Acquisitions | Reuters
Monday, September 29, 2008
Reuters -
By Christopher Kaufman NEW YORK, Sept 29 (Reuters) - Citigroup Inc (CN: Quote, Profile, Research, Stock Buzz) said on Monday it would buy the banking operations of Wachovia Corp (WB.N: Quote , Profile , Research , Stock Buzz ) in ...
Citigroup Takes Over Rival US Banking Giant Wachovia In Deal Backed By Federal Authorities | Business | Sky News
Monday, September 29, 2008
Sky News, UK -
Citigroup is to take over rival US bank Wachovia in a deal assisted by the federal authorities. Under the terms of the sale Citigroup will assume up to $42bn (£21.7bn) of Wachovia's losses. All other losses will be borne by the Federal Deposit Insurance Corporation, which ...
Wachovia: Just the Plum Citigroup Needed - BusinessWeek
Monday, September 29, 2008
BusinessWeek -
Citi fills a key void with its dirt-cheap buy of the retail banking franchise. Wachovia, meanwhile, can point to poor judgment in acquisitions by Dean Foust ...
How Optimistic Should We Be About The Market? : NPR
Monday, September 29, 2008
NPR -
Day to Day, September 29, 2008 · In the latest major bank takeover, CitiGroup has announced it will buy Wachovia Bank. Janet Babin joins Madeleine Brand with details on what this development means. Economy ...
Citi to buy Wachovia's bank biz in latest government-backed deal - MarketWatch
Monday, September 29, 2008
MarketWatch -
By Alistair Barr & John Spence, MarketWatch BOSTON (MarketWatch) -- Wachovia Corp. became the latest financial-services giant to succumb to the global credit crunch when regulators announced Monday that the company's banking operations were being bought by Citigroup Inc. for a ...
Wachovia shares slump more than 80% as trading resumes - MarketWatch
Monday, September 29, 2008
MarketWatch -
By Alistair Barr , , ) agreed to acquire Wachovia's banking business for a knock-down price of $2.16 billion, with help from the Federal Deposit Insurance Corp. Wachovia stock was down 81% at $1.94 in afternoon action. ...
YouTube - Citi aqcuires Wachovia banking ops
Monday, September 29, 2008
ReutersVideo -
Sep. 29 - Wachovia is selling most ot its assets to Citigroup in a deal brokered by the FDIC. ...
Wachovia's 2,100 Triangle employees face uncertain fate - Triangle Business Journal:
Monday, September 29, 2008
Bizjournals.com, NC -
For hundreds of Triangle-based Wachovia Corp. employees, the announcement Monday of the company’s hastily arranged sale of its banking operations to Citgroup has ushered in a period of uncertainly. Wachovia spokeswoman Mary Eshet says it’s “way too early” ...
Citigroup to buy Wachovia’s banking operations - Puget Sound Business Journal (Seattle):
Monday, September 29, 2008
Bizjournals.com, NC -
In another sign of consolidation in the troubled banking sector, Citigroup Inc. has agreed to buy Wachovia Corp.’s banking operations. ...
Wall Street 'will weather' turmoil: Citigroup
Monday, September 29, 2008
National Post, Canada -
Karen Bleier/AFP/Getty ImagesA woman walks by a Wachovia bank in Washington, DCUS authorities have facilitated a takeover of Wachovia's banking operations ...
Bailout Gets Blocked: Wall Street Tanks
Monday, September 29, 2008
Red Herring, CA -
by mark selfe The House of Reprasentatives has rejected the Paulson-Bernanke bailout package 228-votes to 205. The rejection came from both sides of the aisle as Democrats and Republicans refused to put the American Taxpayer on the line for the proposed $700 billion. ...
Business Feed Article | Business | guardian.co.uk
Monday, September 29, 2008
guardian.co.uk, UK -
By Christopher Kaufman and Jonathan Stempel NEW YORK, Sept 29 (Reuters) - Citigroup Inc agreed on Monday to buy Wachovia Corp's banking operations, ...
Triangle braces for business and philanthropic impact - Triangle Business Journal:
Monday, September 29, 2008
Bizjournals.com, NC -
Triangle-based business customers of Wachovia Corp. will see their loans and lines of credit ultimately pass to Citigroup, once regulators approve the merger of the two banking giants. But, as is customary in most bank mergers, the terms written ...
Atlanta Wachovia customers not cashing out | ajc.com
Monday, September 29, 2008
Atlanta Journal Constitution,  USA -
By MARK DAVIS So said a handful of Wachovia customers, who went about their usual banking Monday following the announcement that Citigroup will buy ...
Citi buys Wachovia banking in flurry of deals | Industries | Financial Services | Reuters
Monday, September 29, 2008
Reuters UK, UK -
By Christopher Kaufman and Jonathan Stempel NEW YORK, Sept 29 (Reuters) - Citigroup Inc (CN: Quote, Profile, Research) agreed to buy Wachovia Corp's (WB. ...
Citigroup buys Wachovia bank biz for $2.2B - Sep. 29, 2008
Monday, September 29, 2008
CNNMoney.com -
As part of all-stock deal, Citi will acquire deposits, loans from nation's fourth largest bank. Citi also to raise $10B in stock sale, cuts dividend. // Uses both the shortcut for $(document).ready() // and the argument to write failsafe ...
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