Light at end of foreclosure tunnel?
From: feedproxy.google.com
"Drop in short-term delinquencies could signal 'beginning of the end'
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Fed acts for appearance's sake
From: feedproxy.google.com
"Commentary: Discount-rate hike calms inflation hawks without actual tightening
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Home-price declines ease in December
From: feedproxy.google.com
"Report: National prices down 28.2% from peak
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Century 21 CEO resigns
From: feedproxy.google.com
"Coldwell Banker Commercial Affiliates president appointed as replacement
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Move offers deep search tool to MLSs
From: feedproxy.google.com
"'Find' interface is flexible, forgiving
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Five prison-bound in SoCal fraud case
From: feedproxy.google.com
"Defendant who broke promise to return funds gets 15 years
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N.C. Realtors fight dual-agency disclosure
From: feedproxy.google.com
"Commission to appoint a task force to study complaints
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ZipRealty offers 'augmented reality'
From: feedproxy.google.com
"Pointing iPhone camera at homes reveals whether they're for sale
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Zillow: Homeowners 'overly cynical'
From: feedproxy.google.com
"Northeast, West the most pessimistic
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Mortgage rates ease again
From: feedproxy.google.com
"Impact of Fed's MBS exit may be tempered by Fannie, Freddie purchases
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How agents stay relevant online
From: feedproxy.google.com
"Part 3: Trends and gems from Connect NYC
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S&P: Shadow inventory to grow
From: feedproxy.google.com
"Loan mod candidates drying up, redefaulting
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Study: Foreclosures hurt family stability
From: feedproxy.google.com
"Civil rights group calls for better government intervention
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I can be replaced
From: feedproxy.google.com
"By 2015 there will be apps for everything except drinking, smoking and sex
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Purchase loan demand off from '09
From: feedproxy.google.com
"30-year fixed remains under 5 percent
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CoStar's People of Note (Feb. 14-20)
From: www.costar.com
"This week's People of Note includes the following markets: Chicago, Denver, Los Angeles, National, New York City, Southwest and Washington, DC
CHICAGO, NATIONAL
Opus North Names Shaver as CEO
Tom Shaver joined Opus North Corp., a Chicago-based..."
North Hollywood Apt. Complex Sells for $6.4 Million
From: www.costar.com
"J & B Asset Management purchased the Terraces at Toluca, a 32-unit apartment complex at 10834 Blix St. in North Hollywood, CA, from Latitude Management Real Estate Investors for $6.41 million, or about $200,312 per unit. The complex traded in a 1031 exchange..."
Woodland Hills Office Bldg. Earns LEED Silver
From: www.costar.com
"Hines, an international real estate firm, earned the U.S. Green Building Council s LEED Silver certification for its office building at 5700 Canoga Ave. in Woodland Hills, CA.
The five-story, 179,336-square-foot building was constructed in 2005 in..."
Aaron Brothers Bldg. in Santa Monica Trades for $4M
From: www.costar.com
"Esther Funk and Joanne Crawford sold a 9,940-square-foot retail building at 1641-1645 Lincoln Blvd. in Santa Monica, CA, to George and Debra Tash for $4.15 million, or about $418 per square foot.
The single-story freestanding property was built in..."
Colliers Adds SVP to Retail Services Group
From: www.costar.com
"Morgan McEvoy joined Colliers International s Retail Services Group as senior vice president. McEvoy specializes in leasing retail power centers and shopping centers throughout greater Los Angeles.
He said he chose Colliers because: This move has..."
KBS Realty Names SVP of SW Acquisitions & Dispositions
From: www.costar.com
"KBS Realty Advisors named Christopher Aust as senior vice president and director of acquisitions and dispositions for the southwest region. He will identify acquisition targets in southern California, Nevada, Arizona, New Mexico and Colorado.
The..."
Three Commercial Lots in Rosemead Sell for $8.8M
From: www.costar.com
"Reliable Wholesale Lumber Inc. sold three lots totaling approximately 3.37 acres at 8614 Valley Blvd. in Rosemead, CA, to Sen Won LLC for $8.8 million, or about $2.61 million per acre.
Although the buyer purchased the property because of the land,..."
Redondo Beach Office Bldg. Sells for $614 PSF
From: www.costar.com
"The Terence C. McGaughey Trust and Spirito Family Trust acquired a 2,892-square-foot office building at 116 Avenue I in Redondo Beach, CA, from Joseph Carl Alflen Trust for nearly $1.76 million, or approximately $614 per square foot. The property sold..."
Former Opus North CEO Joins Trammell Crow
From: www.costar.com
"Daniel Queenan, the former president and CEO of Opus North Corp., joined Trammell Crow Co. in Chicago as president of central operations. He will head the firm s Austin, Chicago, Dallas and Houston branches and TCC s Healthcare Initiative.
Queenan..."
Investors Buy Long Beach Office Bldg. for $205 PSF
From: www.costar.com
"Sean and Linda Hitchcock purchased the 13,144-square-foot office building at 3620 Long Beach Blvd. in Long Beach, CA, from a private trust for $2.7 million, or about $205 per square foot. The capitalization rate was 7.9 percent. The transaction represented..."
National Material Supply Takes Over Van Nuys Industrial
From: www.costar.com
"Avi Yakov acquired an 11,550-square-foot industrial property at 15320-15340 Cabrito Road from Cabrito Properties LLC in Van Nuys, CA, for $2.6 million, or about $225 per square foot.
The property features two buildings that were built in 1969 on 1..."
West Hollywood Multifamily Trades for $6M
From: www.costar.com
"Brandon Chapnick sold a 22,804-square-foot apartment building at 1275-1285 N. Sweetzer Ave. in West Hollywood, CA, to 1275 Sweetzer Apartments LLC for nearly $6.14 million, or about $219,107 per unit.
The two-story multifamily property was built..."
Deadline Fast Approaching for CoStar Power Broker Awards
From: www.costar.com
"Did you outdo, out-sell, out-lease and outshine your competition in 2009? Have your professional accomplishment recognized by qualifying for the 2009 CoStar Power Broker Award!
Don't delay. The deadline to submit your transactions totals is March..."
Risky CRE Lending Deadly for Banks
From: www.costar.com
"The autopsy of 16 bank fatalities completed this year have identified commercial real estate lending as the primary killer in more than half (nine) of the cases, and an accomplice in one other.
In the seven cases in which CRE was not specified, the..."
Real Money (Feb. 11): Capital Raisings, Property Financings
From: www.costar.com
"Annaly Capital Management Inc. priced its public offering of $500 million in aggregate principal amount of its 4% convertible senior notes due 2015. Annaly granted the underwriter of the notes a thirty-day option to purchase up to an additional $75 million..."
In The Pipeline: CoStar Development and Construction News for Feb. 14-20
From: www.costar.com
"In this week's Pipeline, the owner of the Century Plaza Hotel strikes a deal with preservationists to revise its development plan to avoid demolishing the L.A. landmark. Over the mountains in Hollywood, meanwhile, W Hotels unveils its $350 million hotel..."
Lease Up/Lease Down (Feb. 7-13): Major Relocations in Washington, DC
From: www.costar.com
"CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers in the weekly Lease Up/Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial..."
In The Pipeline: CoStar Development and Construction News for Feb. 7-13
From: www.costar.com
"In this week's Pipeline, George Smith Partners is close to finalizing that rarest of transactions in today's soft market -- a construction loan for new development on the Westside of Los Angeles. Meanwhile, to the east of L.A. in the Inland Empire,..."
CoStar's Retail News Roundup: Feb. 7-13, 2010
From: www.costar.com
"This week in the Retail Roundup, CoStar reports on expansions or new concepts at Casual Male, Coach, Subway and Chick-fil-A; closings, cutbacks, bankruptcy, default, receivership or foreclosure news at Disney Store, Movie Gallery, Car Dealerships, Walking..."
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Consulting services that review businesses to find hidden opportunities to
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Foreign investor tax services.
Individualized accounting system setup for new businesses.
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Preparation of business and individual tax returns and financial
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