Morgan Stanley and Inland Form Billion Dollar REIT
Morgan Stanley and Inland Western Retail Real Estate Trust are teaming together to form a billion dollar fund to invest in shopping centers across the country. The REIT is aimed at upscale retail centers that are experiencing increasing rents and valuations. The open air shopping centers are some of the best performing real estate in the United States.
The group will acquire and manage high-quality neighborhood, community and outdoor shopping centers, Oak Brook-based Inland Western said in a statement.
Inland Western will contribute properties valued at up to $500 million to start the venture and the partners will spend another $500 million to buy and redevelop properties. An unidentified pension fund client of Morgan Stanley’s will provide 80 percent of the equity capital and Inland Western the remaining 20 percent. via Daily Herald
Very funny comparison. However you don't need to pay property tax on Barbies 3 Story Dream House. With the unemployment ...
My wife has actually decided to study for and get her real eatate licence just so we dont ever have ...
I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
Great to hear that the big boys
are predicting recovery sooner than
most think.
Thanks for the value! 
I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
I live in the Philippines and I am glad we are not on the lists... 
I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
Comment by Colorado Real Estate on 28 April 2007:
Thank You for the Information