Economy: Page 149
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KBS REIT Acquires Newark Apartment Loan at Big Discount
A non-performing mortgage is picked up for $35 Million – -down from $54.5 million – for 1180 Raymond Blvd. in Military Park.
By Ron Gallagher • March 26, 2012 -
CRE Debt a Time Bomb? No, Says MBA
Late-pays are going down, and commercial mortgages have a lower charge-off rate than consumer debt.
By Ron Gallagher • March 26, 2012 -
CNL Lifestyle Properties Sees Revenues Grow in 2011
The Orlando-based company saw increases on both sides of the ledger.
By Ron Gallagher • March 26, 2012 -
KB Home Orders Fall 8%, Shares Slump
Some of the miss was due to decisions KB made, but the new-home market is still not where many would like.
By Ron Gallagher • March 23, 2012 -
Feb. New-Home Sales Down From Jan., Up 11% From 2011
Whether home-sales data are good or bad depends on the perspective you take.
By Ron Gallagher • March 23, 2012 -
Regency Centers Installs Electric Vehicle Charging Stations in Six States
Regency is partnering with ECOtality to make the charging stations available at 19 shopping centers in Jacksonville, Fla.
By Ron Gallagher • March 23, 2012 -
Six Questions for Ezra Katz
Aztec Group's CEO says people are compelled to spend available capital, which leads to mistakes.
By Ron Gallagher • March 23, 2012 -
FHFA: House Prices Drop 0.1% in 4th Quarter 2011
Prices fell modestly in the fourth quarter of 2011, according to the Federal Housing Finance Agency’
By Ron Gallagher • March 22, 2012 -
Downside Housing Data: the 25-Metro Average Home Price
Mid-January data from Radar Logic shows the per-square-foot price was down from a year earlier.
By Ron Gallagher • March 22, 2012 -
Smaller Homes, Urban Lifestyles Attractive to New Homebuyers: ULI
Post-bubble buyers are less interested in suburbs and commuting.
By Ron Gallagher • March 22, 2012 -
Housing Is Still 'Shadowed' by Excess Supply
Better than a year ago, the inventory remains at 6.4%, NAHB says.
By Ron Gallagher • March 22, 2012 -
Investor Interest Reviving In Warehouses
The PricewaterhouseCoopers Real Estate Investor Survey spotted the development..
By Ron Gallagher • March 21, 2012 -
February Existing-Home Sales Up 8.8% From 2011
Despite a slight decrease from January, February existing-home sales were ahead of 2011, and the median price was up.
By Ron Gallagher • March 21, 2012 -
Home Resales Dip Slightly
Sales of previously owned homes in the U.S. dipped slightly last month, but still recorded the strongest February in five years.
March 21, 2012 -
Enterprise, Bellwether Form Firm, Plan $1.5B in 2012
Cleveland-based Bellwether brings full service expertise, while Enterprise has low-to-moderate multifamily experience.
By Ron Gallagher • March 21, 2012 -
Barclays, UBS Ready CMBS Conduit Deal
A $120 million loan on the Dream Hotel Downtown in New York City is the largest of the mortgages.
By Ron Gallagher • March 21, 2012 -
Richard Putnam to Build Colliers' Capital Markets Group
He will manage institutional client relationships and originate and execute assignments.
By Ron Gallagher • March 21, 2012 -
Related Wins 60 Reservations on Millicento Development in Two Weeks
The announcement about the Miami project follows work about Related's MyBrickell.
By Ron Gallagher • March 21, 2012 -
Large Banks Cut Their Bad Loans
Getting things back in order on the commercial side has resulted in increased lending.
By Ron Gallagher • March 20, 2012 -
Manufactured Housing Under Renovation
There's an idea that buyers are thinking "affordable" is better than "flashy."
By Ron Gallagher • March 20, 2012 -
Tech Firms Go Far and Wide for Space
Google is a prime example of a tech company that's taking more, and unusual, space.
By Ron Gallagher • March 20, 2012 -
Higher Oil Prices Push Asphalt Up 11.2% from a Year Ago
Associated Builders and Contractors says the pain will be felt this season, and not just on the road.
By Ron Gallagher • March 20, 2012 -
Zandi: "The Nightmare Is Fading"
The Moody's economist notes that "fading" is not the same as being over, however.
By Ron Gallagher • March 20, 2012 -
Pru Delays $444M Newark Tower
State government and a judge make the next moves in the development drama.
By Ron Gallagher • March 20, 2012