Bailout incites 'grassroots rage'
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"Commentary: A mismatch of politics and economics
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Rise of the mega lenders
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"JP Morgan joins BofA at top with WaMu play
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Alternative plan derails bailout
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"Republicans propose insurance scheme
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The long and short of bailout impacts
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"Real estate question of the day
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Remembering Bob Bruss
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"Perspective: In these changed times, his insight still applies
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Home-price declines hit London
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"Global real estate brief
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Weekly News Briefs Roundup
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"For the week of Sept. 22-26, 2008
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'Swift' economic recovery post-election?
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"Inman Community brief
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Bailout talks could drag into weekend
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"Emergency rate cut on the line?
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Experts: No quick housing fix
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"Credit crunch stalls buyer activity
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Premium service deserves premium pay
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"Part 2: Why agents are worth full commission
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The $700 billion answer
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"Perspective: Get the plan done
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MLSs must raise bar in real estate search
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"Perspective: Time to deliver on past promises
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Mortgage rates climb past 6%
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"Real estate brief
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New-home sales tank
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"Real estate brief
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CoStar's People of Note for Friday
From: www.costar.com
"Today's People of Note includes the following markets: Atlanta, Birmingham, Chicago, Florida, Greenville/Spartanburg, Nashville, Philadelphia and Portland.
CHICAGO
Newmark Knight Frank Hires Senior Managing Director
by Sasha M. Pardy
James E..."
Watch List (Sept. 21-27): Homebuilder Troubles Still Mounting
From: www.costar.com
"In this week s issue:
Homebuilder troubles still mounting.
New distressed funds launched.
Ventin's bad loan holdings still going up.
Lehman-owned apartments in Cleveland go under.
Plus, we give you two bonus items and the latest properties on the..."
Under Contract (Sept. 21-27): Lehman, Barclays Cut Price for Lehman Real Estate
From: www.costar.com
"In this week s issue:
Lehman Bros. and Barclays come to terms on real estate purchase.
Younan. agrees to buy another Chicago skyscraper.
Plus we give you the latest properties Under Contract in: Arizona, California, Colorado, Florida, Illinois, Kansas..."
Property Finance (Sept. 21-27): REITs Extending, Refinancing and Raising
From: www.costar.com
"In this week's issue:
PREIT secures new loan, repays $400 Mil.
Behringer taking multifamily REIT public.
Roberts Realty extends maturities.
Plus we give you new property finance deals and valuable leads list of lenders funding multifamily acquisitions..."
Closures & Layoffs (Sept. 21-27): Up in Smoke
From: www.costar.com
"In this week's issue:
Reynolds is snuffing out some smoking business.
GMAC is closing 200 ResCap offices.
Plus we report on company closures and layoffs in: California, Connecticut, Florida, Georgia, Indiana, Kansas, Kentucky, Louisiana, Massachusetts..."
Expansions & Relocations (Sept. 21-27): Hammerin' Down in Pennsylvania
From: www.costar.com
"In this week's issue:
Arm & Hammer building 1.1 Mil-SF plant in PA.
Hyundai takes 100,000 SF of office space in Irvine.
Plus, we give you expansion news of: Amalgamated Life Insurance, CH2M Hill, Curtiss Wright, First DataBank, Kuehne + Nagel, Raymour..."
Rivera Village Shopping Center Sells for $7M
From: www.costar.com
"Oxnard Land LLC acquired the 27,474-square-foot retail center at 9311-9347, 9315 and 9335-9345 Slauson Blvd. in Pico Rivera from Pico Plaza Rivera LLC for nearly $7 million, or about $254.50 per square foot. The capitalization rate was 5%
The shopping..."
Falltech Moving Operations to Compton Property
From: www.costar.com
"Jae Yamaguchi sold the 51,675-square-foot warehouse at 1306 S. Alameda St. in Compton, CA, to Falltech Inc. for $6.89 million, or about $133.50 per square foot. Falltech will use the property.
The transaction had an escrow time of 60 days and a market..."
Sherman Oaks Retail Bldg. Sells for $855 PSF
From: www.costar.com
"The Ruth Feldman Trust recently sold 13300 Riverside Drive in Sherman Oaks, CA, to the Sepetjian Family LLC for $2.95 million, or approximately $855 per square foot.
The 3,450-square-foot building was built in 1981 on one third of an acre and has approximately..."
Investor Sells Miracle Mile Terrace Apts.
From: www.costar.com
"Steven Lee sold a 71-unit multifamily building at 5700 W. Olympic Blvd. in Los Angeles to new investor Tom Villante of VR Capital LLC for $9.85 million, or approximately $138,732 per unit in an off-market transaction.
The Miracle Mile Terrace Apartments..."
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