Duke Realty Corp., an Indianapolis-based industrial and office real estate investment trust, is acquiring Bremner Healthcare Real Estate, a health care real estate development and management firm.The terms of the deal, which aims to cash in on growth opportunities in the health care industry, were not disclosed. The company will operate as a division of Duke, the REIT reported, with Bremner Healthcare chief executive officer Jim Bremner and his associates joining the Duke division. Health care expenditures in the United States are expected to be over $33 billion by 2010, according to Denny Oklak, Duke's chairman and CEO. "Almost 35% of these expenditures will be for outpatient facilities such as medical office buildings, surgery centers, and clinics," Mr. Oklak said. The deal is expected to close in January 2007. Duke can be found online at http://www.dukerealty.com.
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In an interview, Candor Technology's Sara Knochel recounts how she applies her childhood interest in languages and numbers to crucial home lending issues.
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Harmonizing standards for liquidity coverage ratios and discount window pledges could prevent the type of strains that led to last year's bank failures, according to a new paper whose authors include former Federal Reserve Govs. Dan Tarullo and Jeremy Stein.
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The report seeks to help banks "disrupt rapidly evolving AI-driven fraud," according to Treasury's Nellie Liang. The report found banks have difficulties accounting for AI risks.
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The lender accused its former leader of compromising its Fannie Mae seller/servicer number to prevent it from delivering loans.
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Equity is entitled to a little over $70,000 worth of damages.
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Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
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