Write what you know
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"Letters From the Home Front
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8 Democrats back bailout alternative
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"Plan seeks change in accounting rules
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Coldwell Banker dials in with iPhone interface
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"Real estate tech brief
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Sucking on a Real Estate 'Binky'
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"The Davison Files
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Real estate industry sells 'rescue' plan
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"Groups say failed bailout would further harm housing
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Home-price index drops a record 16.3%
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"Real estate brief
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Life after a failed bailout
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"Real estate question of the day
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'Let's not get fooled again'
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"Inman Community brief
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Fidelity offers public search sites for MLSs
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"Real estate tech brief
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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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House urged to revisit bailout vote
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"No action expected today
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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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Woodman Court Apts. Nabs $5M
From: www.costar.com
"The Woodman Court Apartments in Van Nuys, CA, sold for $5.03 million or about $147,800 per unit in a sale between two private investors.
The 34-unit, 33,075-square-foot multifamily at 6464 Woodman Ave. was built in 1962 in the North Hollywood submarket..."
CoStar's Deals of Note for Wednesday
From: www.costar.com
"WASHINGTON, DC
NPR Sells Mass Ave. HQ for $119M
by Marcus Robinson
Two months after finalizing the purchase of its new headquarters site in northeast Washington, DC, National Public Radio (NPR) closed on the sale of its home on Massachusetts Ave..."
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..."
Stubblefield Joined DAUM Commercial
From: www.costar.com
"Steve Stubblefield has left the Van Nuys office of Westcord Commercial and joined the Valencia office of DAUM Commercial as associate vice president. He started at DAUM on Sept. 15.
Stubblefield has 23 years of experience in commercial real estate..."
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..."
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