Panic misses Main Street
Commentary: Don't expect fast action on rescue package
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House passes bailout bill
Federal bid to restore financial markets heads to president
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Wells makes play for Wachovia
Citi protests agreement announced today
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New foreclosures triple in Los Angeles area
Real estate brief
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Sales continue to fall in Manhattan
Wall Street woes are destined to hit housing
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Seller 'gift' may disguise problem
Buyer beware of items left behind after closing
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Opportunity Street is still knocking
Perspective: Blame game is a losing proposition
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Ban on down-payment aid takes effect
Group continues to lobby for reinstatement
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Divided views on homeownership benefits
Survey: Home is not always central to 'American Dream'
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Hope for Homeowners program launches
Government, industry programs take aim at foreclosures
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MagTek Sells HQ Bldgs. to H&A Shoes
Electronic transaction products developer MagTek sold two industrial buildings on Annalee Ave. in Carson, CA, to H&A Shoes in separate negotiations.
20725 Annalee Ave., a 23,520-square-foot distribution center, sold for $2.52 million, or $107 per square...
Bixby Sells Long Beach Auto Shop for $4M
Bixby Land Co., an Irvine, CA-based REIT, sold the auto repair shop at 1775 Ximeno Ave. in Long Beach, CA, to a private trust for $4.1 million or about $190 per square foot.
Completed in 1956, the 21,500-square-foot retail building is in Long Beach...
CoStar's People of Note for Friday
BALTIMORE
New VP Appointed at Manekin Construction
by Christine Dorr
Manekin Construction LLC appointed Stephen Newhouse to fill the position of vice president of business development. Based in the Columbia headquarters office, Newhouse is now responsible...
CMC Steel Purchases Facility for $4M
CMC Steel Fabricators acquired the industrial building at 215 S. York Place in Claremont, CA, from a private trust for $4 million, or $397 per square foot.
The 10,069-square-foot manufacturing facility was completed in 1982 at the corner of York Place...
Glendale Multifamily Fetches $7.1M
The 32-unit apartment complex at 615-621 Milford St. in Glendale, CA, sold for $7.13 million, or about $222,700 per-unit in a sale between private investors.
The 30,052-square-foot multifamily property was built in 1987 and features eight one-bedroom...
Watch List (Sept. 28-Oct. 4): Tishman Speyer/Blackrock Deal Downgraded
In this week’s issue:
$5.4 billion multifamily purchase slow to meet expectations.
GE to cut real estate holdings by $10 billion.
Hotel demand falling, supply increasing.
SWFs expected to increase CRE spending.
Plus, we give you one bonus item and...
Under Contract (Sept. 28-Oct. 4): On Again, Off Again
In this week’s issue:
AIMCO's stop and go sales.
Plus we give you the latest properties Under Contract in: Fremont, Sacramento, Santa Monica and Walnut Creek, CA; Denver, CO; Schaumburg, IL; Silver Spring, MD; Tecumseh, MI; Eden Prairie, MN; St. Charles...
Property Finance (Sept. 28-Oct. 4): Bank Consortium Backs Forest City DC Project
In this week's issue:
Forest City lines up construction financing for DC project.
Plus we give you new property finance deals and a valuable leads list of lenders funding office acquisitions and loans maturing in the next 12 months in: Los Angeles,...
Updated: Closures & Layoffs (Sept. 28-Oct. 4): HP + EDS = -13,000
In this week's issue:
HP to layoff 13,000 in EDS merger.
Hanesbrands stripping U.S. operations.
Lydall consolidating to North Carolina.
Plus we report on company closures and layoffs in: California, Florida, Georgia, Indiana, Mississippi, New Jersey...
Expansions & Relocations (Sept. 28-Oct.4): Biometric Build Up Along I-79
In this week's issue:
CSC relocating ID lab to WVa.
Tesla Motors plugs into San Jose.
Plus, we give you expansion news of: Accero, Allegheny Technologies, BAE Systems, Bausch & Lomb, Children's Mercy Hospital, Cott Beverage, Generali USA, Genzyme,...
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