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Philip Blumberg blog

Philip Blumberg blog

http://www.blumbergblog.com/philip_blumberg/

Philip Blumberg is an well recognized entrepreneur, investor and civic leader and the Chairman and Founder of Blumberg Capital Partners.

This blog shares his thoughts on commercial real estate and investing.

subscribe Recent Posts

  • Stamford\'s Harbor Point Secures Another Tenant

    Posted on Thursday November 19th, 2009 at 19:12 in real estate

    After more than three years of negotiations, Starwood Hotels and Resorts announced it will be moving its headquarters to a redeveloped area in Stamford, CT. Harbor Point, which the Wall Street Journal described as a "large mixed-use real e...

  • Bernanke On the Outlook for the Economy and CRE

    Posted on Wednesday November 18th, 2009 at 05:49 in current affairs

    Federal Reserve Chairman Ben Bernanke addressed the Economic Club of New York earlier of this week and spoke about the current financial climate and its trajectory. In his speech, Bernanke expected to see a slow economic recovery as demand for commer...

  • NYC Office Building Trades for $29.5 Million Cash

    Posted on Tuesday November 17th, 2009 at 22:00 in funds

    Savanna Investment Management recently announced the sale of 63 West 38th St in New York City's Garment District. The building, a 12 story  office building contains 144,000 sq feet and is only 15% occupied. Savanna initiated its inves...

  • CSAA Drives to New Headquarters in Walnut Creek, CA

    Posted on Monday November 16th, 2009 at 03:44 in real estate

    The "AAA of Northern California" has left their iconic San Francisco properties on Van Ness and moved into new headquarters in Walnut Creek. In 2008, the California State Automotive Association sold their 28-floor office tower and complex i...

  • FDIC Sells Bayview Corporate Center for $53M

    Posted on Thursday November 12th, 2009 at 06:55 in real estate

    S.K. Hart Properties has completed the acquisition of the Bayview Corporate Center in Newport Beach, California from the FDIC, making for the largest single property sale for the FDIC this year as they continue to accumulate loans and properties that...

  • Senior Loan Officer Opinion Survey on Bank Lending Practices

    Posted on Wednesday November 11th, 2009 at 06:35 in current affairs

    The Federal Reserve has released its October 2009 Senior Loan Officer Opinion Survey on Bank Lending Practices looking at the changes in business and household loan supply and demand with a focus on three sets of special questions: The first asked ba...

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