Monthly ARCHIVES
September 2009
(MIAMI, FL) -- 1450 Brickell, a 'class-A' office tower currently under construction in Miami's Brickell Financial District, has finalized a lease agreement ... Read More
(WASHINGTON, D.C.) -- Fannie Mae and Freddie Mac refinanced more than 3.2 million mortgage loans in 2009 through August of this year. In the month of August alone, nearly 360,000 mortgages were refinanced. Read More
(WASHINGTON, DC)- The Mortgage Bankers Association (MBA) today released its Commercial Real Estate/Multifamily Finance Quarterly Data Book for the second quarter of 2009. The analysis focuses on how the continued economic downturn in the United States placed further pressure ... Read More
(WASHINGTON, D.C.) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending September 25, 2009. The Market Composite Index, ... Read More
(SUNNY ISLES BEACH, FL) -- It was another glum day for Fortune International.One of South Florida's largest condo developers, privately held Fortune expected to receive about $4.5 million from its insurance company in a federal court lawsuit in Miami.Jade Beach... Read More
(MIAMI, FL) -- In one the priciest land deals seen in Florida in years, an affiliate of Buenos Aires-based Consultatio, S.A. paid $78 million or $1,738 per square foot for a 10.3-acre oceanfront site that previously housed the 300-room, eight-story ... Read More
(JERICHO, NY) -- Two big names in the nation's motor fuel industry have closed a $49 million deal involving 36 Exxon-branded gasoline stations and convenience stores in the Washington, DC metropolitan area.Getty Realty Corp. of Jericho, NY bought the properties... Read More
Da Lat City skyline (LOS ANGELES, FRANKFURT and HANOI) -- Talk about big international deals: This one is at the top of the list.Los Angeles, CA-based PHIGroup, Inc. (OTC Bulletin Board: PHIE; Frankfurt Stock Exchange: PR7, WKN 935160), through its... Read More
(DURHAM, NEW HAMPSHIRE) -- This morning economic research firm e-forecasting.com in conjunction with Smith Travel Research announced that their US hotel industry leading indicator - HIL - went up in August for the fourth consecutive month. Read More
(NEW YORK, NY) -- Data through July 2009, released today by Standard & Poor's for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, show that, although still negative, ... Read More
(GENEVA, SWITZERLAND) -- The International Air Transport Association (IATA) today announced international scheduled traffic results for August. Compared to August 2008, passenger demand was down 1.1%, Read More
Gov. Deval Patrick (BOSTON, MA) -- Massachusetts Gov. Deval Patrick has stepped into the ring for Round Two in the ongoing Boston hotel housekeeper firing controversy.Patrick warns he will direct Massachusetts employees to boycott Hyatt Hotels Corp. properties when conducting... Read More
(WASHINGTON, D.C.) -- Nearly two-thirds of single-family home builders are reporting a severe lack of credit for housing production, threatening the fragile housing recovery before it has time to take hold, Read More
(NORWALK, CT)--Global women's apparel designer Max Azria won't be running into severe capital problems for a little while.Max Azria His private 20-year-old BCBG Max Azria Group of Vernon, CA just received a $403 million asset-based credit facility. Azria can extend... Read More
DSI Renal Care Center (ROCHESTER, NY) -- Medical office properties with long-lease-term tenants continue to be in demand by savvy investors like Broadstone Net Lease Inc. of Rochester, NY.The company purchased structures in Memphis, TN and Houston, TX for a... Read More
(KOWLOON, HONG KONG) -- Hong Kong luxury condo and apartment market prices are from Mars. Two 4,000-square-foot penthouse homes at the 93-story, 885-foot tall Cullinan tower are each listed for $38.7 million (300 million HK). Read More
(WASHINGTON, DC) -- Following four months of solid gains, sales of newly built, single-family homes edged up by less than one percent in August as the window for an important buyer incentive began to close, Read More
(LOS ANGELES, CA) -- Home sales increased 9 percent in August in California compared with the same period a year ago, while the median price of an existing home declined 16.9 percent, the California Association of Realtors (C.A.R.) reported today. Read More
(LONDON and HENDERSONVILLE, TN) -- The Americas region recorded declines in all three key performance metrics when reported in U.S. dollars for August 2009, according to data compiled by STR and STR Global. Read More
(WASHINGTON, D.C.) -- Realtors specializing in commercial real estate experienced a slowdown in sales transaction volume in 2008, but also reported an increase in commercial leasing volume, ... Read More
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