The property consists of 1.2 million square feet of Class A office space in Midtown Manhattan, occupying an entire block.

Is retail still in a slump? Not according to Grosvenor.

The purchase agreement involves a little bit of cash and a little bit of debt. Excel will assume an existing first lien with an unpaid balance of approximately $44.8 million, and fund the remainder of the deal through cash on hand and borrowings under its unsecured credit facility.

J.P. Morgan Chase said that it was halting foreclosures for the time being in about half of the country because of oddball paperwork. The move affects roughly 56,000 borrowers in 23 states.

By Jeff Hanson, Grubb & Ellis Equity Advisors:

The market for non-traded REITs has roared back this year following a precipitous decline during the depths of the recent recession.

Lean and green is the order for Monday Properties’ newest development, a $300 million, 35-story building in Rosslyn.

Home prices saw an uptick in July compared with the previous month, according to the latest S&P/Case-Shiller home-price indexes, released on Tuesday.

By Philip Kibel, Moody’s Investors Service:

Moody’s REIT and Other Commercial Real Estate Firms Rating Methodology Grid encompasses the key factors that drive our ratings. Moody’s analysts use this grid as a starting point to evaluate the creditworthiness of a REIT or real estate operating company.

According to Pinnacle, the increase in size and amenities is just what the region’s residents ordered.

The real estate lender agreed to maintain or exceed regulatory capital levels at 10 percent tier one leverage ratio and 12 percent total risk-based ratio, which it already exceeds thanks to its board of directors’ Sept. 15 directive that a portion of the company’s capital be contributed to the bank. It must also take other measures to improve its financial performance.