
July 26, 1999 - American Ventures converts to open-end real estate fund
Pensions&Investments (PDF)
American Ventures Property Fund, a $75 million closed-end fund that focuses on the office sector, is gearing up to take new investors as it transforms itself into an open-end fund, said Philip F. Blumberg, president and chief executive officer.
“We want to increase our size so we can take advantage of opportunities that are out [...]
July 3, 1999 - Tight Conditions Spur Sales, Development
Real Estate Forum (PDF)
With tenant appetite for office space on the rise, both developers and investors are setting their sights on the Miami marketplace. ”At the current time, there is substantial demand for additional office space,” says William R. Hemingway, director of research with RealData Information Systems Inc. in Coral Gables. ”Large segments of contiguous [...]