House urged to revisit bailout vote
From: feeds.feedburner.com
"No action expected today
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Canadian company acquires GMAC Home Services
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"GMAC brokerage operations rank among largest in U.S.
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Goomzee releases mobile virtual tours
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"Real estate tech brief
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VFlyer offers custom branding for property ads
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"Real estate technology brief
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House rejects bailout
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"Lawmakers say negotiations will continue
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Citigroup swallows up Wachovia
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"FDIC provides 'assistance,' says bank didn't fail
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Survey: Obama better for housing?
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"Real estate brief
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Mastering referrals: Part 2
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"Diary of a Real Estate Rookie
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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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J.H. Snyder Plans Vertical Mall in Los Angeles
From: www.costar.com
"J.H. Snyder Co. is planning to build the first vertical shopping mall in Southern California near the Red Line station at Wilshire Boulevard and Vermont Avenue in Los Angeles. The center would be 300,000 square feet and seven stories tall and would include..."
CoStar's Deals of Note for Tuesday
From: www.costar.com
"NATIONAL MARKETS
One Liberty Acquires 8 Office Depot Stores in $47.6M Sale-Leaseback
by Sasha M Pardy
One Liberty Properties, Inc. (NYSE: OLP) completed the acquisition of a portfolio of eight retail properties, totaling 218,137 square feet, in FL..."
IN THE PIPELINE (Sept. 28-Oct. 4): 'Once-In-A-Century' Development Edges Forward in S.F.
From: www.costar.com
"In this week's edition, Hines and MetLife strike a deal for an iconic building in San Francisco that may eventually be the tallest skyscraper on the West Coast. Meanwhile, a rare cache of development parcels becomes available on government land in supply..."
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..."
CoStar's Retail News Roundup: Sept. 28 to Oct. 4, 2008
From: www.costar.com
"This week in the Retail Roundup, CoStar reports on expansions or new concepts at Republic of Couture, Marshalls' Shoe Megashop, Lowe's, Ikea, Home Depot, Ulta, Wal-Mart Marketside, and Burberry; new retail developments in MA, AK, OK, CA, and IL; acquisition..."
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 hotel 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..."
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..."
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