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Business Accountant - Real Estate News!

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5 ways to connect at Real Estate Connect
From: feeds.feedburner.com

"Tag, Twitter, Flickr, blog and commune during conference

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Taxpayers, ready to bail out GSEs?
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"Real estate roundup

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"

California mortgage defaults up 125%
From: feeds.feedburner.com

"DataQuick: Activity may be 'nearing a plateau'

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"

New RE tool generates custom, on-the-fly reports
From: feeds.feedburner.com

"Web app lets agents compare multiple markets simultaneously

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"

Short-sale expert recommends specialization
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"Real Estate Connect Speaker Profile: Eli Tene

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"

ProOffer.com ties commissions to performance
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"Consumers can offer incentives for beating price targets

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Kids, startups, moving a bad mix
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"Real Estate Connect Speaker Profile: John Helm

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MLS data-sharing effort adds 3 members
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"Board for separate statewide group meets this week

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Movoto partners with builders
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"Real estate technology roundup

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Prospect Mortgage buying up IndyMac branches
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"Real estate roundup

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"

Success takes more than tech
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"Inman Community roundup

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Real estate's June report card
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"Guest perspective: Housing, economy far from recovery

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"

Zillow, from Astroturf to Zestimates
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"Real Estate Tech Profile: Zillow.com

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'Embrace the Internet,' says RealSeekr founder
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"Real Estate Connect Speaker Profile: Grant Freer

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3 new real estate rules
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"Diary of a Real Estate Rookie

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Los Angeles Real Estate News

CoStar's Daily Deals of Note for Tuesday
From: www.costar.com

"NEW YORK Coach Under Contract on NYC Headquarters for $128M by Sasha M Pardy Luxury handbag and accessories retailer, Coach, Inc. (NYSE: COH), has put its principal corporate headquarters building in New York City under contract for $128 million..."

Macerich Snags Nordstrom for Santa Monica Place Redevelopment
From: www.costar.com

"Luxury department store chain, Nordstrom, Inc. (NYSE: JWN) has signed a letter of intent to open a new store at Macerich's (NYSE: MAC) Santa Monica Place in Santa Monica, CA. Macerich is currently under construction on the redevelopment/de-malling of..."

CoStar's Retail News Roundup: Jul. 20 to 26, 2008
From: www.costar.com

"This week in the Retail Roundup, CoStar reports on expansions or new concepts at Supervalu/Jewel-Osco, The Walking Company, and Dairy Queen/Orange Julius; new retail developments in Las Vegas, NV and Santa Monica, CA acquisition, merger, loan or sale..."

Shoe Pavilion Files Bankruptcy, Closing At Least 43 Stores
From: www.costar.com

"Sherman Oaks, CA-based footwear retailer, Shoe Pavilion, filed for chapter 11 bankruptcy protection July 16, 2008. As of March 29, 2008, the off-price shoes and accessories retailer operated a chain of 113 stores in Washington, Oregon, California, Arizona..."

Group Sells City of Industry Property for $11.63 Million
From: www.costar.com

"A group of investors led by Thang Q. and Kathy T. Pham sold 1100-1102 John Reed Court in the City of Industry, CA, for $11.63 million, or about $106 per square foot. The industrial building consists of two multitenant units on approximately 4.49 acres..."

Rosemead Retail Property Trades for $3.2M
From: www.costar.com

"Joseph and Eva Su purchased the 5,800-square-foot single-tenant retail building at 8527 Valley Blvd. in Rosemead, CA. Ching Family Living Trust sold it for $3.28 million, or about $565.50 per square foot. The building was built in 1956. Daniel..."

Doctor Inks $6.5M Sale-Leaseback for Medical Office
From: www.costar.com

"Sue Choi purchased the medical-office building at 3511 W. Olympic Blvd. in Los Angeles for $6.5 million, or approximately $303.50 per square foot. The medical offices traded in a sale-leaseback deal with Dr. James Jung. The 21,408-square-foot building..."

Thousand Oaks El Torito Brings $560 PSF
From: www.costar.com

"Marshall S. Freedman purchased the restaurant building at 449 N. Moorpark Road in Thousand Oaks for $3.95 million, or approximately $560 per square foot, from the Martin and Simonne Izsak Trust. The cap rate at the time of sale was 2.85%. Leased..."

Santa Fe Springs Business Park Brings in $7.5M
From: www.costar.com

"FGS Santa Fe Springs LLC sold the general retail building at 11450 Washington Blvd. in Whittier, CA, for $7.5 million, or about $453.50 per square foot, to P & A Santa Fe Springs LLC. Built in 2003, the 16,544-square-foot retail building is on a corner..."

REIT Buys 2 Nursing Facilities for $9.7M
From: www.costar.com

"Grubb & Ellis Healthcare REIT Inc. acquired two skilled nursing facilities at 11900 Ramona Blvd. in El Monte, CA, and 1955 Lomita Blvd. in Lomita from HCP Inc. for $9.7 million, or about $136 per square foot. The properties consist of two single-story..."

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