Time is money ... sometimes
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"Diary of a Real Estate Rookie
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FSBO.com president grew out of tree business
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"Real Estate Connect Speaker Profile: Michael Malkasian
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N-Play brings online purchase offers into play
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"System ranks submissions based on seller preferences
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Feds close down IndyMac Bank
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"Event is fifth and biggest bank failure this year
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Fannie, Freddie say bailout is not imminent
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"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
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"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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CoStar's Retail News Roundup: July 13 to 19, 2008
From: www.costar.com
"This week in the Retail Roundup, CoStar reports on expansions or new concepts at Walgreens, Subway, Checkers, Saladworks, Ashley Furniture, and Pickles & Ice Cream; new retail developments in AZ, WI, TX, MS, DE and CA; acquisition, merger, loan or sale..."
Point.360 Takes Office Bldg. for $8M
From: www.costar.com
"Point.360 bought the office building at 1133 N. Hollywood Way in Burbank from Irvine, CA-based investor Hollywood Way Office Ventures, LLC for $8 million, or about $255 per square foot.
The 31,317-square-foot property was built in 1986 in the Burbank..."
City Buys 14,000-SF Bldg. for Future Police Station
From: www.costar.com
"The city of Paramount purchased the 14,044-square-foot industrial building at 15001 Paramount Blvd. in Paramount, CA. Guthrie Somerset LLC sold the property for $3.3 million, or approximately $235 per square foot.
The single-story industrial building..."
Indalex Inks Sale-Leaseback for City of Industry Facility
From: www.costar.com
"AIC Ventures, of Dallas, TX, acquired 1811 E. Railroad St. in City of Industry, CA, from Indalex for approximately $15.07 million, or about $83 per square foot.
Built in 1982, this 181,129-square-foot building has been the West Coast casting house..."
CoStar's Daily Deals of Note for Monday
From: www.costar.com
"NATIONAL MARKETS
JLL, Staubach Complete Merger
By Randyl Drummer
Jones Lang LaSalle and the tenant rep firm founded by Dallas Cowboys Hall of Fame quarterback Roger Staubach have closed the playbook on their $613 million merger.
As reported by..."
L.A. Retail Sells for $9.75M
From: www.costar.com
"The retail property at 940 S. Hill St in Los Angeles sold for$9.75 million or about $399 per square foot in a sale between two private parties.
The 24,432-square-foot building is on the corner of West Olympic Boulevard and South Hill Street in the..."
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..."
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