Fannie-Freddie deathwatch begins
From: feeds.feedburner.com
"Commentary: No end in sight to credit starvation
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Realtor.com sees search surge in some markets
From: feeds.feedburner.com
"Largest growth is concentrated within California, Florida
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California building permits set to hit record low
From: feeds.feedburner.com
"Real estate brief
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VA backs no-down loans up to $729K till '09
From: feeds.feedburner.com
"Real estate brief
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Inman News seeks 'Most Influential' nominations
From: feeds.feedburner.com
"Lists feature industry's top leaders, bloggers
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HomeGain launches AgentView marketing platform
From: feeds.feedburner.com
"Real estate technology brief
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Brothers team up to create real estate duo
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"Real Estate Day in the Life: Brendon and Kevin Kearney
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Finding a pulse in local real estate markets
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"National stats can overlook micro trends
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Nestoria builds 'nest' in Germany
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"Global real estate brief
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Home magazine shuts down
From: feeds.feedburner.com
"Parent company cites difficult economic environment
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Survey: Affordability matters most to first-time buyers
From: feeds.feedburner.com
"Real estate technology brief
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Rates on fixed-rate mortgages improve
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"Real estate brief
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MyNewPlace offers online search for rentals
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"Real Estate Tech Profile: MyNewPlace
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Prudential leader finds a home in real estate
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"Real Estate Profile: Ed Krafchow
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Humor and other real estate superpowers
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"Realtor Notebook
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Group Sells Office Bldg. in Valencia for $7.6M
From: www.costar.com
"CM Stanford LLC sold the 66,569-square-foot office building, at 24911 Avenue Stanford in Valencia, CA. Discovery Land Ventures LLC paid $7.6 million, or approximately $114 per square foot for the Santa Clarita submarket property.
Reportedly, this property..."
Waite and Evans Join CBC North County
From: www.costar.com
"The Glendale, CA, office of Coldwell Banker Commercial North County recently hired Corey Waite and Chalis Evans as senior vice presidents.
Both Waite and Evans most recently worked for Sperry Van Ness. The two are to be based out of a new Coldwell..."
Restaurant at 8727 W. Pico Sells for $715.50 PSF
From: www.costar.com
"Sherwin Family Partnership sold the single-tenant retail building at 8727 W. Pico Blvd. in Los Angeles to Chan Family 1982 Trust for $3.6 million, or about $715.50 per square foot with a 5% cap rate.
The 5,032-square-foot property was completed in..."
International Gems Moving to Santa Clarita Industrial
From: www.costar.com
"Abdelsalam and Laila Khattab purchased 20755 Centre Pointe Parkway in Santa Clarita, CA, from HCP Partners LP for $6.89 million, or about $129 per square foot. The buyers acquired this property as an owner/user and will do business as International Gems..."
CoStar's People of Note for Friday
From: www.costar.com
"Today's People of Note includes the following markets: Atlanta, Los Angeles, New York and Philadelphia.
LOS ANGELES
Studley Promotes Davidson to Managing Director
by Emily Chiu
Studley, an international tenant advisory firm, named Corey Davidson..."
Back at LAX, Harp Lands Sheraton for $97M
From: www.costar.com
"Harp Group has made another arrival at LAX.
A joint venture led by the Chicago-based investment firm acquired the 14-story Sheraton Gateway Hotel at Los Angeles International Airport from Kor Hotel Group for $97 million, or about $121,000 per room..."
Western Realco Picks Up Santa Fe Springs Industrial
From: www.costar.com
"Western Realco acquired the 85,912-square-foot industrial building at 11919 Smith Ave. in Santa Fe Springs, CA, from Hansen Steel Services for $9.23 million, or about $107.50 per square foot.
It is a single-tenant metal industrial building that was..."
Bonner Casitas Apts. Earns $7.9M
From: www.costar.com
"A joint venture between Spiegel Development and Montage Development sold the Bonner Casitas Apartments in North Hollywood, CA, to a private investor for $7.88 million or $246,094 per unit.
The 32-unit, 25,991-square-foot multifamily property at 5500..."
Private Duo Pays $3M for Burbank Industrial
From: www.costar.com
"Individual owners Louis and Lynn Talamantes purchased 3216 Valhalla Drive in Burbank, CA, for $3 million, or about $193 per square foot. They purchased the property from the Karalis Family Trust at the close of a 90-day escrow period. The buyers plan..."
Studio Arnaz Apts Cinches $13.9M
From: www.costar.com
"A private investor acquired the Studio Arnaz Apartments in Los Angeles from locally based TurnKey Property Management Systems for $13.9 million, or about $289,600 per unit. The property closed with a cap rate of 4.6% and was part of a 1031 exchange.
The..."
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