Sacrifice over excess
From: feeds.feedburner.com
"Perspective: A return to fundamental economic values
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From football to house flipping
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"Former NFL player gets dose of reality on 'Flip This House'
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Roost enters Michigan
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"Real estate technology brief
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Falling mortgage rates spur refis
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"Financial turmoil driving costs down
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Policy causes more problems than it solves
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"Inman Community brief
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HUD stays the course on RESPA
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"Critics get last licks at congressional hearing
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Dramatic drop in California home prices
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"Real estate brief
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Getting back to business basics
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"Realtor Notebook
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The fastest-selling real estate on the market
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"Real Estate Question of the Day
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AIG bailout puts feds in PMI business
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"United Guaranty insures loans for Fannie, Freddie
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NAR endorses bill to save seller-funded gifts
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"New rules for FHA loans headed for House vote
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New-home starts hit 17-year low
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"Real estate brief
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The future of finance
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"Inman Community brief
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Data breach could affect 2 million
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"Countrywide offering free credit monitoring
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The truth about junk mail
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"Letters From the Home Front
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CoStar's Daily Deals of Note for Thursday
From: www.costar.com
"BOSTON
In the Back Bay, Equity Office Buys Full Stake in Boston Towers
by Andrew Deichler
Hines has sold its minority stake in two Boston trophy towers, Five Hundred Boylson and Two Twenty Two Berkley, to Equity Office Properties, giving full control..."
Bloomingdale's Announces Three New Stores
From: www.costar.com
"Macy's, Inc. (NYSE: M) announced three new Bloomingdale's stores last week. Two of them will follow the company's SoHo store design in Lower Manhattan, which means a smaller store and a smaller assortment of merchandise tailored to the store's particular..."
El Portal Entertainment Center to Break Ground Soon
From: www.costar.com
"Joint venture development partners, Red Mountain Retail Group and Allied Retail Partners, have selected Buchanan Street Partners to structure $218.4 million in capital on its behalf for the El Portal Entertainment Center construction project, a proposed..."
DLD Mgmt. Buys Beverly Hills Office for $6.1M
From: www.costar.com
"Real estate management and investment company DLD Management Group purchased 121 N. San Vicente Blvd. in Beverly Hills from a private owner for $6.1 million or about $655 per square foot.
The 9,293-square-foot, single-story office building was built..."
Overland Terminal Pulls In $17M
From: www.costar.com
"The Overland Terminal building sold for $16.9 million, or about $40 per square foot, in a transaction between two private parties.
The 420,000-square-foot industrial building at 1807 E. Olympic Blvd. was constructed in 1931 in the Central Los Angeles..."
Arcadia Office Bldg. Grabs $2.8M
From: www.costar.com
"The office building at 54 E. Foothill Blvd. in Arcadia, CA, sold for $2.8 million, or about $330 per square foot in a transaction between private investors. The building and three surrounding parcels, accounting for over one acre of land, sold for greater..."
Argent Retail Advisors Hires Managing Director
From: www.costar.com
"Daniel Firtel, previously a director of investment sales for Reza Investment Group, has joined the recently launched Argent Retail Advisors as managing director, covering L.A., Orange County and the Inland Empire.
Prior to his five-year stint at Reza..."
Investor Makes a Bargain in Bell, CA
From: www.costar.com
"Bargain World in Bell, CA, sold for $4.55 million or about $226 per-square-foot in a sale between private investors.
The 20,100-square-foot retail building was built in 1969 in the Mid-Cities submarket. Bargain World fully occupies the property.
Please..."
Camarillo Industrial Bldg. Gets $2.4M
From: www.costar.com
"The industrial building at 938 Verdulera St. in Camarillo, CA, sold $2.4 million, or $120 per square foot in a sale between two private trusts.
The 19,957-square-foot warehouse facility was completed in 1980 in the Central Ventura Industrial submarket..."
Charter School Buys Facility for $5.2M
From: www.costar.com
"Pacific Charter School Development acquired the industrial building at 6720-6724 S. Alameda St. in Huntington Park, CA, for $5.2 million, or about $130 per square foot. The buyer intends on using the property for a charter school campus.
Built in..."
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