FBI: 485 arrests in mortgage fraud 'sweep'
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"'Operation Stolen Dreams' targets alleged $2.3B in losses
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Timeline for '.MLS' domain pushed back
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"MLSs don't expect to submit application to Internet agency this year
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Singles flock to suburbs
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"Coldwell Banker survey finds singles chasing bargains
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Downsizing trend hits home
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"Average home size shrinks by about 100 square feet
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Busy buyers send in the scouts
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"From The Real Deal
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10 ways to get the most out of an iPad
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"Realtor Notebook
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Top 10 metros for mortgage fraud
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"FBI, FinCen report growth in loan mod, short-sale scams
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30-year fixed-rate still below 5%
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"Rates for ARM loans also at 5-year lows
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5 real estate opportunities
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"Market trends have agents changing course
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Share real estate market data on Facebook
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"How's the market? Altos app has answers
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Fewer sellers slash asking price
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"Western cities see biggest drop in house-price cuts
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'Shadow inventory' still growing in some markets
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"Phoenix, Las Vegas, Detroit see reductions
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Senate OKs new tax credit closing deadline
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"Backers of amendment cite backlog of 180K homebuyers
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Ex-mortgage exec charged in $1.9B fraud scheme
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"Feds allege fake mortgage loans helped topple Colonial Bank
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CoreLogic in talks with 50 MLSs to obtain listings
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"CoreLogic, RPR vying to sell analytics to lenders
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CoStar's People of Note (June 13-19)
From: www.costar.com
"This week's People of Note includes the following markets: Charlotte, Chicago, Inland Empire, Jacksonville, Los Angeles, Raleigh, Phoenix and Tampa.
CHARLOTTE, TAMPA, SOUTHEAST
Grubb Recruits 2 to Expand Office Presence in SE
Randy Buddemeyer (pictured..."
This Week in Retail: Inland Western Portfolio Leads Pack in Second CMBS Deal of the Year
From: www.costar.com
"JP Morgan this past week completed the sale of the second commercial mortgage-backed securities issued this year. The deal, JP Morgan Chase Commercial Mortgage Securities Trust 2010-C1, is backed by 36 loans secured by 96 commercial properties with an..."
Lease Down (June 13-19): Game Over at Five ESPN Zone Locations
From: www.costar.com
"CoStar compiles news of consolidations, closures, layoffs and lease cancellations in the weekly Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on corporate expansions..."
Lease Up (June 13-19) KPMG & eCinicalWorks Expand, SUEZ Energy Renews
From: www.costar.com
"CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a concise read keeping you updated on major corporate moves affecting commercial real estate, and can also be a valuable source for..."
Kimco/Israeli Group To Invest $422M in Retail Portfolio
From: www.costar.com
"Kimco Realty Corp., a real estate investment trust, formed a new partnership with Israel-based BIG Shopping Centers to purchase 15 neighborhood and community retail centers for nearly $422 million including $385 million in mortgage debt. A joint venture..."
Trinity Distribution Buys 47,000-SF Industrial
From: www.costar.com
"Trinity Distribution Inc. acquired a 47,041- square-foot industrial building at 6058 Walker Ave. in Maywood, CA, for $2.96 million, or nearly $63 per square foot. The seller was Dunn-Edwards Corp.
Built in 1952, the structure is on a 1.5-acre lot and..."
In The Pipeline: CoStar Development and Construction News For June 13-19
From: www.costar.com
"This edition of In The Pipeline includes news on hobby company Traxxas, which will become the first corporate headquarters to establish a beachhead in the Craig Ranch master development near Dallas-Fort Worth. Archstone and its New York-based JV Partner..."
Multifamily Specialists Join Lee & Associates
From: www.costar.com
"The Los Angeles branch of Lee & Associates Investment Services Group added two multifamily specialists to its executive ranks. Robert Leveen and Joseph Chavez were appointed as senior vice presidents to focus on apartment investments.
Chavez spent..."
Component Housing Systems Moving to South Gate
From: www.costar.com
"Component Housing Systems U.S.A., a manufacturer of portable prefabricated metal buildings, will relocate its headquarters from Gardena to South Gate, CA. It signed a 54,000-square-foot lease for five years with UTF Enterprises to move into warehouse..."
Voit to Manage 450,000-SF Portfolio
From: www.costar.com
"A subsidiary of Lehman Brothers Holdings, LAMCO LLC, has appointed Voit Real Estate Services as project and property manager for a 12-property industrial, office/flex portfolio across several states. It consists of approximately 450,000 square feet and..."
Freddie Mac Expands Loans Eligible for Securitization; Offering New Mortgage Securities
From: www.costar.com
"Freddie Mac is making seniors housing mortgages and conventional structured finance transactions eligible for securitization into its K Certificates multifamily mortgage-backed securities.
The Freddie Mac seniors housing mortgage is specifically designed..."
Pool Corp. Signs 60,000-SF Renewal
From: www.costar.com
"Pool Corp. signed a renewal for approximately 60,000 square feet at 7901 Woodley Ave. in Van Nuys, CA. The tenant will continue to occupy the entire building. The lease was signed last month commences in June of 2012. The value of the five-year lease..."
Paramount Towne Center Bldg. Sells for $5M
From: www.costar.com
"The Leem Family Trust acquired 14525 Lakewood Blvd., an 11,841-square-foot retail building in the Paramount Towne Center, from Vestar Development Co. for $5 million, or about $422 per square foot.
The building is fully occupied by four tenants: Fashion..."
MARKET TREND: Los Angeles's Deliveries and Construction in Q1 2010
From: www.costar.com
"During the first quarter 2010, four buildings totaling 179,269 square feet were completed in the Los Angeles market area. This compares to 11 buildings totaling 570,162 square feet that were completed in the fourth quarter 2009, 18 buildings totaling..."
Aussie Property Group Dexus Returns To U.S. Investing After 6-Year Hiatus
From: www.costar.com
"Australia-based Dexus Property, which built a substantial U.S. industrial portfolio in 2004 before lowering its profile during the asset bubble that gripped much of the market, is re-emerging as a buyer on the West Coast.
Dexus opened a new U.S. management..."
Lease Down (June 6-12): Flood Wipes Out 1,700 Jobs at Gaylord Opryland
From: www.costar.com
"CoStar compiles news of consolidations, closures, layoffs and lease cancellations in the weekly Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on corporate expansions..."
Lease Up (June 6-12): DC Dept. of Health Relocates, APEX Expands
From: www.costar.com
"CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a concise read keeping you updated on major corporate moves affecting commercial real estate, and can also be a valuable source for..."
In The Pipeline: CoStar Development and Construction News For June 6 - 12
From: www.costar.com
"In this week's In The Pipeline, we take a look at the latest in a growing list of projects beginning to see dirt move again after 2 1/2 years of economic pain and inactivity for developers. The City Walk mixed-use project in the San Francisco Bay Area..."
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