Feds close down IndyMac Bank
From: feeds.feedburner.com
"Event is fifth and biggest bank failure this year
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Fannie, Freddie say bailout is not imminent
From: feeds.feedburner.com
"Shares continue to slide on Friday
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Fannie-Freddie: public policy mangled
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"Commentary: Renewed panic spreading to stocks, Treasurys
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Nonprofit opens vast database to public
From: feeds.feedburner.com
"PolicyMap shows real estate, lending, demographic trends
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Study questions RESPA's reliance on 'sunshine'
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"Disclosures are no panacea for consumer ignorance
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Craig, Merlin, bulls and bears, oh my
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"Real Estate Connect event highlights industry innovators
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Senate sends sweeping housing bill to House
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"Legislation addresses FHA expansion; Fannie, Freddie oversight
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Imagine housing without a secondary market
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"Perspective: 10 predictions
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Realtor learns you get out what you put in
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"Real Estate Connect Speaker Profile: Kevin Tomlinson
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Mapping-patent backers settle with one agent
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"Numerous lawsuits proceed over alleged patent infringement
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Trulia raises $15 million
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"Real estate technology roundup
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Too much exposure can be a bad thing
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"How many photos are overkill for a listing?
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Online Communities: Novelty or Necessity?
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"Guest Perspective from the Inman Community
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BofA: Expect large home-price declines
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"Real estate roundup
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Can you name that price?
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"Real estate technology roundup
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CoStar's People of Note for Friday
From: www.costar.com
"Time to update those contact managers with CoStar's People of Note for Friday, July 11, delivering news of recent promotions and new hires at the following companies: CB Richard Ellis, Cole Companies, Colliers Bennett & Kahnweiler, Ernst & Young, Grubb..."
Abalone Point Sells for $2.45M
From: www.costar.com
"Abalone Point, a strip center in Torrance, CA, was sold for $2.45 million, or $490 per square foot in a sale between two California investors. The cap rate was 5.8%.
The 5,000-square-foot retail building at 1790 W. Carson St. was built in 2001 in..."
Maguire Properties Names Garvey New Independent Director
From: www.costar.com
"Maguire Properties, Inc., an L.A.-based office REIT, has appointed Christine N. Garvey to its Board of Directors. This position is effective immediately, filling a vacant seat on the Maguire Board.
Previously, Garvey was the head of corporate real..."
El Segundo FedEx Bldg. Fetches $9.7M
From: www.costar.com
"Lansdell Protective Agency, Inc., a New York-based security company, sold the industrial building at 645 S. Allied Way in El Segundo, CA to Beverly Hills investor Seven Forty Management, Inc. for $9.7 million, or about $192 per square foot.
The 50..."
Hollywood Continental Apts. Sells for $9.35M
From: www.costar.com
"The Hollywood Continental Apartments in Los Angeles sold for $9.35 million or about $166,964 per unit in a sale between two private investors.
The two-story, 56-unit apartment building at 7735 Hollywood Blvd. was built in the 1947 in the Hollywood..."
Watch List (July 6-12): Apollo Adds to Value-Add War Chest
From: www.costar.com
"In this week s issue:
Apollo starts spending for new Value Fund;
Red Lion becomes prey;
Vestin Realty sees problem loans mount rapidly;
BRT Realty forecloses on Tennessee properties;
Corn prices delaying rural construction projects;
Plus, we give..."
Under Contract (July 6-12): Selling To Conserve
From: www.costar.com
"In this week s issue:
Plum Creek selling forestland;
Lightstone cuts deal for piece of Prime Outlets;
Brandywine selling Oakland portfolio;
Johnson Controls buying plants that used to supply it;
Plus, we give you the latest properties Under Contract..."
Property Finance (July 6-12): Carlyle Secures Huge Construction Loan
From: www.costar.com
"In this week's issue:
Deutsche Bank backs Carlyle project;
AIMCO has been busy refinancing projects;
Plus we give you new property finance deals and a valuable leads list of loans maturing in the next 12 months.
Largest Construction Loan This Year
Deutsche..."
Expansions & Relocations (July 6-12): Gazelles Revisited
From: www.costar.com
"In this week's issue:
One type of firm accounts for all job creation; see which one.
Plus, we give you expansion news of: Brandt Engineering, CHEP USA, Cozen O Connor, Emdeon Business Services, Enfatico, EXCO Resources, Harman International, Modine..."
Closures & Layoffs (July 6-12): Sinking Ships
From: www.costar.com
"In this week's issue:
Sinking boat sales forcing cuts at Brunswick;
Labor market weakness persisted in June;
UnitedHealth to cut 4,000 jobs;
Plus we report on company closures and layoffs in: Alabama, Arizona, California, Florida, Iowa, Kansas, Massachusetts..."
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