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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Culver City Office Bldg. Sells for $4.8M
From: www.costar.com
"Real Estate Dynamics purchased 3916 Sepulveda Blvd. in Culver City, CA, from private owners for $4.8 million, or about $310 per square foot.
Completed in 1975, the 15,412-square-foot office building was 80% leased at the time of sale. Tenants are..."
Bell Gardens Facility Nets $2.45M
From: www.costar.com
"The industrial building at 6760 Foster Bridge Blvd. in Bell Gardens, CA, sold for $2.45 million or $112 per square foot in a sale between two private parties.
The 21,820-square-foot warehouse facility was built in 1984 in the Commerce Industrial submarket..."
Progressive Produce Buys City of Commerce Flex
From: www.costar.com
"Progressive Produce Corp. purchased 6239 Bandini Blvd. in the City of Commerce, CA, from an investment group led by David and Febe Campos for $4.17 million, or about $154 per square foot.
The 27,079-square-foot industrial building is on a 1.1-acre..."
Apple REIT Snags 3 Hotels for $41 Million
From: www.costar.com
"Apple REIT Nine Inc., a Richmond, VA-based real estate investment trust led by Glade M. Knight, acquired three hospitality properties for $40.95 million, or approximately $115,352 per room.
The 355-room portfolio includes a Homewood Suites, Courtyard..."
CoStar's Deals of Note for Monday
From: www.costar.com
"HOUSTON
Behringer Invests in 502,000-SF Office Tower in Houston
by Laurie Forbes
Dallas-based Behringer Harvard recently purchased a 502,410-square-foot, Class A office building in Houston. The price was not revealed.
Although the seller also..."
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..."
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