Fannie cracks the foreclosure whip
Servicers warned to meet timelines or face fines
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Finding what clicks in real estate
Agent Reboot Speaker Profile: Mariana Wagner
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Agents and their tech thingies
Realtor Notebook
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CEO of Sacramento brokerage on leave
County investigating alleged use of hidden cameras
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Pending real estate sales inch up in July
West sees biggest month-to-month rise
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Mortage rates still seeking a bottom
With fears of inflation at bay, rates set new lows
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5 ways to stay positive in a down market
Be the agent your clients would love to work with
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Communities get 'First Look' at many REOs
Homes may be rehabbed, rented, resold or demolished
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California forgoes new foreclosure law
Critic says legislation was 'unnecessarily burdensome'
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Roost unveils new business model
Company shifts focus to social media tools
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CoStar's Deals of Note (Aug. 29 - Sept. 4)
NEW YORK
Boston Properties to Acquire 510 Madison
By Andrew Deichler
Boston Properties said last week that it is acquiring 510 Madison Ave. from oft-troubled New York developer Harry Macklowe.
The REIT has agreed to a purchase price equal to...
Bank Watch: Regulator Says Bankers, Not Bricks, Main Reason Behind Most Bank Failures
Don't blame the current wave of bank failures on commercial real estate; much of the blame belongs to bad bankers.
While it is clear that commercial real estate and construction and land development loans have figured in most every bank failure in...
Long Beach Senior Living Facility Sells for $8M
Sunny Hills Palladium LLC purchased the senior living facility at 3360 Magnolia Ave. in Long Beach, CA, from Richard J. Scotti Trust for $8 million, or about $43,011 per unit. The buyer paid cash for the property.
The senior living facility has 186...
Pool Water Products Buys Van Nuys Industrial
Pool Water Products acquired an industrial building at 8151 Orion Ave. in Van Nuys, CA, from Heller Trust for $3.3 million, or about $165 per square foot.
The property consists of a 20,000-square-foot building on 0.9 acres completed in 1975. Pool...
Lease Down (Aug. 29 - Sept. 4): Northrop Grumman, Aviat Continue to Downsize
CoStar compiles news of consolidations, closures, layoffs and lease cancellations in the weekly Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on corporate expansions...
In The Pipeline: CoStar Development and Construction News for Aug. 29 - Sept. 4
In this week's Pipeline, Forest City Enterprises will privatize and build family housing at four military bases in South Carolina, Tennessee and Mississippi; in Rockville, MD, business and government leaders will officially kick off a $200 million expansion...
On Assignment Relocating Corporate HQ
On Assignment Inc. is relocating its corporate headquarters to 26745 Malibu Hills Road in Calabasas, CA. The science and health care staffing agency signed a 10-year, eight-month deal with Calabasas BDC for the entire 37,172-square-foot office building...
Lease Up (Aug. 29 - Sept. 4): BP Selects Memphis Facility to Store Gulf Cleanup Materials
CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on consolidatations and lease...
CoStar's People of Note (Aug. 22-28)
This week's People of Note includes the following markets: Atlanta, Denver, Hartford, New York City, Northern New Jersey, Retail, South Florida and Washington, DC.
ATLANTA
Brown Joins Cortland as Chief Acquisitions Officer
Cortland Partners recruited...
Kingsbridge Invests $11.4M in Simi Valley Portfolio
Kingsbridge International Inc. acquired 208,493 square feet in property at 2900-2950 Madera Road in Simi Valley, CA, from Bank of America for a value of $11.42 million.
The two-building portfolio includes a 135,683-square-foot distribution center and...

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