Near-record affordability in real estate
From: feedproxy.google.com
"California metros among least affordable areas in U.S.
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Purchase-loan demand picking up
From: feedproxy.google.com
"Applications at highest level since May
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Feds award $1B to buy up REOs
From: feedproxy.google.com
"4 'sand states' get $446M for acquisition, redevelopment, demolition
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Dive into the link stream
From: feedproxy.google.com
"Flipboard delivers content from links in Facebook, Twitter posts
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California, FHA offer 4% loans
From: feedproxy.google.com
"CalHFA loans target first-time homebuyers who meet income limits
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3 ripe real estate opportunities
From: feedproxy.google.com
"Tips to capitalize on low rates, bargain-hunters, foreign buyers
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47% of home sellers slash list prices
From: feedproxy.google.com
"Average seller reduces price twice
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Most bankers don't see credit easing
From: feedproxy.google.com
"Survey shows less pessimism about mortgages
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Homebuyer tax credit off the radar
From: feedproxy.google.com
"GAO puts bill for program at $22 billion through 2019
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Economic genie is out of wishes
From: feedproxy.google.com
"Commentary: Welcome to the political fun house
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Control your online destiny
From: feedproxy.google.com
"Agent Reboot Speaker Profile: Kristal Kraft
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Fannie cracks the foreclosure whip
From: feedproxy.google.com
"Servicers warned to meet timelines or face fines
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Finding what clicks in real estate
From: feedproxy.google.com
"Agent Reboot Speaker Profile: Mariana Wagner
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Agents and their tech thingies
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"Realtor Notebook
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CEO of Sacramento brokerage on leave
From: feedproxy.google.com
"County investigating alleged use of hidden cameras
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CoStar's People of Note (Aug. 29-Sept. 4)
From: www.costar.com
"This week's People of Note includes the following markets: Atlanta, Inland Empire, Los Angeles, Milwaukee/Madison, New York City, Orange County and Washington, DC.
ATLANTA
Green Bldg. Expert Joins Grubb's Office Group
Grubb & Ellis Co. appointed..."
Google Searches for Tax Credits in Affordable Housing
From: www.costar.com
"Google, the popular search engine firm, is getting into the affordable rental housing business.
U.S. Bancorp Community Development Corp. arranged and will manage an $86 million Low-Income Housing Tax Credit (LIHTC) fund for Google.
The fund will..."
Xenon Purchases 24-Unit Multifamily for $6.4M
From: www.costar.com
"Xenon Investment Corp. acquired the apartment complex at 1371 S. Beverly Glen Blvd. in Los Angeles, CA, from JBR Development Co. for $6.35 million or $264,583 per unit.
The 24-unit, 33,714-square-foot complex was constructed in 1961 and has been kept..."
August Commercial Repeat Sales Analysis Now Available
From: www.costar.com
"CoStar released the latest findings of the CoStar Commercial Repeat-Sale Indices (CCRSI) last week. Click on the link under "Latest Press Release" for the full analysis.
CoStar developed the CoStar Commercial Repeat-Sale Indices to provide..."
Line 6 Renews, Expands at Calabasas Tech Center
From: www.costar.com
"Line 6 Inc. signed a renewal of 45,143-square-feet for six years with Hines at the Calabasas Tech Center in Calabasas, CA. The locally based guitar manufacturer also leased an additional 12,032-square-feet for 6 years to expand into occupy the entire..."
Lease Up/Lease Down (Sept. 5-11): Whirlpool & Deloitte Expand, Monsanto Downsizes
From: www.costar.com
"CoStar compiles news of company expansions and relocations, as well as consolidations, closures and layoffs. Look for Lease Up and Lease Down every week, to stay updated on major corporate moves affecting commercial real estate.
In this week's issue..."
Colliers Taps Pinsel as Managing Dir. of Inland Empire
From: www.costar.com
"Colliers International promoted two senior executives in its Ontario and Encino offices.
David Pinsel was named managing director of the Inland Empire. He will oversee the sales team in Inland Empire and continue as managing director of investments..."
Bank Watch: Regulator Says Bankers, Not Bricks, Main Reason Behind Most Bank Failures
From: www.costar.com
"Don't blame the current wave of bank failures on commercial real estate; much of the blame belongs to bad bankers.
While it is clear that commercial real estate and construction and land development loans have figured in most every bank failure in..."
Long Beach Senior Living Facility Sells for $8M
From: www.costar.com
"Sunny Hills Palladium LLC purchased the senior living facility at 3360 Magnolia Ave. in Long Beach, CA, from Richard J. Scotti Trust for $8 million, or about $43,011 per unit. The buyer paid cash for the property.
The senior living facility has 186..."
Pool Water Products Buys Van Nuys Industrial
From: www.costar.com
"Pool Water Products acquired an industrial building at 8151 Orion Ave. in Van Nuys, CA, from Heller Trust for $3.3 million, or about $165 per square foot.
The property consists of a 20,000-square-foot building on 0.9 acres completed in 1975. Pool..."
Lease Down (Aug. 29 - Sept. 4): Northrop Grumman, Aviat Continue to Downsize
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..."
In The Pipeline: CoStar Development and Construction News for Aug. 29 - Sept. 4
From: www.costar.com
"In this week's Pipeline, Forest City Enterprises will privatize and build family housing at four military bases in South Carolina, Tennessee and Mississippi; in Rockville, MD, business and government leaders will officially kick off a $200 million expansion..."
On Assignment Relocating Corporate HQ
From: www.costar.com
"On Assignment Inc. is relocating its corporate headquarters to 26745 Malibu Hills Road in Calabasas, CA. The science and health care staffing agency signed a 10-year, eight-month deal with Calabasas BDC for the entire 37,172-square-foot office building..."
Lease Up (Aug. 29 - Sept. 4): BP Selects Memphis Facility to Store Gulf Cleanup Materials
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. For news on consolidatations and lease..."
CoStar's Deals of Note (Aug. 29 - Sept. 4)
From: www.costar.com
"NEW YORK
Boston Properties to Acquire 510 Madison
By Andrew Deichler
Boston Properties said last week that it is acquiring 510 Madison Ave. from oft-troubled New York developer Harry Macklowe.
The REIT has agreed to a purchase price equal to..."
CoStar's People of Note (Aug. 22-28)
From: www.costar.com
"This week's People of Note includes the following markets: Atlanta, Denver, Hartford, New York City, Northern New Jersey, Retail, South Florida and Washington, DC.
ATLANTA
Brown Joins Cortland as Chief Acquisitions Officer
Cortland Partners recruited..."
Proactive tax planning to take advantage of timely tax saving opportunities.
Comprehensive business services that integrate income tax compliance
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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.
State of the art payroll tax services and sales tax preparation.
Preparation of business and individual tax returns and financial
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Budgeting and projection preparation and monitoring, facilitating the
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Assistance in selection and installation of computer hardware and
software, ongoing monitoring and updating of systems.
