Blog Detail
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.
Recent Posts
Stamford\'s Harbor Point Secures Another Tenant
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
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
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
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
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
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...

