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In 2002 Crescent Real Estate and an affiliate of GE Pension Trust bought Five Post Oak Park for $65 million. GE Pension Trust had a 70% interest and Crescent had a 30% interest; in addition Crescent provided leasing services and property management.
With the real estate market struggling in the early 1990s, US West began selling off many of its commercial properties. Both of the Albuquerque Plaza towers were sold to Crescent Real Estate Equities of Fort Worth in 1995 for $69 million, though US West kept its offices in the building. [10]
With the real estate market struggling in the early 1990s, US West began selling off many of its commercial properties. Both of the Albuquerque Plaza towers were sold to Crescent Real Estate Equities of Fort Worth in 1995 for $69 million. [10]
With an expense ratio of 0.48%, the ETF tracks U.S. residential, healthcare and self-storage real estate equities. It also yields 2.3%, with a recent payout of $0.640580 to shareholders on ...
The Woodlands Corporation was acquired on July 31, 1997, by a partnership between Morgan Stanley and Crescent Real Estate Equities. [13] In December 2003, Rouse Company acquired Crescent's interest, [14] and Rouse was bought by General Growth Properties on November 12, 2004. In 2011, The Woodlands was sold to the Howard Hughes Development ...
In 2000, Crescent Real Estate Equities, the owner of Houston Center, sold the Four Seasons Hotel Houston to Maritz, Wolff & Co., a hotel investment group, for $105 million. [4] In 2006, Institutional Investor ranked Four Seasons Hotel Houston the 87th "Best Hotel in the World". The hotel currently houses 404 guest rooms, including 12 suites ...