Sentences with phrase «dra advisors»

DDR will work with DRA Advisors and the existing tenants to improve the tenant mix and operations at the center.

DDR will receive management, leasing, development, outparcel and ancillary income fees relevant to operating the center for DRA Advisors.

New York - based DRA Advisors awarded Cleveland, Ohio - based Developers Diversified Realty (DDR) the exclusive management and leasing contract for Tilghman Square, a 234,157 - sq.

REIT Zone Publications editor, Barry Vinocur, says DRA Advisors LLC, a New York - based registered investment advisor was among the bidders, but the portfolio will likely go to another entity.

The company, which invests on behalf of about 500 high - net - worth individuals, has acquired some $ 225 million worth of multifamily assets in each of the last three years with Memphis - based Covenant Capital, New York - based DRA Advisors and other equity partners.

The seller, Cabot Fund II, an affiliate of Cabot Properties Inc., had tapped Cushman & Wakefield to advise on its sale, while DRA Advisors retained C&W on various sale and leasing assignments previously contracted by Cabot.

In the biggest office deal for downtown Orlando so far this year, DRA Advisors LLC and Tower Realty Partners Inc. partnered on the $ 51 million purchase of the 21 - story Regions Bank Tower on North Orange Avenue.The Illinois - based group that owns the...

The new owner, a joint venture between DRA Advisors and Fogelman Properties, plans to implement both in - unit and amenities upgrades.

DDR still has a partnership with DRA Advisors, which holds $ 400 to $ 500 million in assets.

But back in 1995, when DDR started its first partnership with DRA Advisors LLC, it took a 50/50 partnership.

Southfield, Mich. - based Ramco - Gershenson Properties Trust has acquired 15 southeastern shopping centers (a combined total of 2.5 million sq. ft. of GLA) from New York - based DRA Advisors Inc. for $ 124.5 million.

Wanting a similar structure that it had with DRA Advisors, but more control, the company created its own real estate investment management firm in 1998 called Coventry Real Estate Advisors.

In early April, for example, Weingarten Realty Investors (NYSE: WRI) executed on its previously announced plan to exit the industrial sector by selling all its industrial holdings to DRA Advisors LLC.

DRA Advisors is a New York City - based real estate investor for large pension funds and college endowments.

Cleveland — Locally based Developers Diversified Realty (DDR) was awarded the exclusive management and leasing contract for Tilghman Square Shopping Center in Allentown, Pa. by New York - based DRA Advisors.

New York - based DRA Advisors was looking for a north - of - 20 % return when it snapped up a 425,000 - sq.

«The rate of return is higher than what we [normally] expect,» explains Paul McEvoy, senior managing partner for DRA Advisors, but this property had some «hair» on it.

Weingarten Realty Investors became the latest retail REIT to announce a large divestment with the news that the firm has entered a definitive agreement to sell its wholly - owned industrial portfolio to DRA Advisors LLC.

Westcore acquired the properties in a joint venture with a fund managed by DRA Advisors LLC, a New York - based investment advisor.

«DRA has always been an active investor in industrial space, typically acquiring individual, value - added opportunities,» David Luski, president of DRA Advisors, said in a statement.

For example, DDR recently converted the previously wholly owned Deer Valley Towne Center to a 50 - 50 joint venture with DRA Advisors Inc., a New York - based institutional investment advisory firm.