County, schools gets money from tax shift - U-T San Diego

County, schools gets money from tax shift - U-T San Diego

County, schools gets money from tax shiftU-T San DiegoLocal agencies forked over $162.7 million in redevelopment funds last week, and $157 million came right back. The funds had been collected through a special tax mechanism that went only to municipal redevelopment efforts, not to other local taxing ...and more »

Eurozone woes spur UK property bargain hunt

LONDON (Reuters) - UK property businesses are hunting for bargains in the country's battered real estate market, encouraged by heavy discounts that show how the euro zone crisis has hit confidence in the sector, Lloyds Banking Group said on Friday. Data from the bank's quarterly Commercial Property Confidence Monitor showed the net balance of major businesses intending to make purchases in the ...

Atlanta tax allocation districts have $68 million, aren't spending it - Atlanta Journal Constitution

Atlanta tax allocation districts have $68 million, aren't spending itAtlanta Journal ConstitutionAbout $68 million collected in tax allocation districts is immediately available to fund redevelopment projects, but state law and bond covenants are making it difficult to actually put the money to use, according to a 128-page report presented to the ...

Real estate funds lead the pack, but can it last? - AP - NBCNews.com

But there's far greater strength in commercial real estate. Check out the recent investment returns of stock mutual funds that specialize in companies owning income-producing property, from office buildings to hotels. Real estate funds have posted an ...

Stockton won't pay the state $2.5 million in redevelopment funds -- at least ... - Stockton Record

Stockton won't pay the state $2.5 million in redevelopment funds -- at least ...Stockton RecordSTOCKTON – The city has suspended its first $2.5 million payment to the state after redevelopment agencies throughout California were disbanded, saying the city filed bankruptcy and doesn't have the money. Stockton and a lot of other California cities ...and more »

Voit Hires Eva Bates as Property Manager

PHOENIX- Voit Real Estate Services' local office hired commercial real estate property management veteran Eva Bates to its ranks.

Commercial property open house Friday

North Big Horn County residents with commercial property for sale or lease will showcase their properties this Friday, July 20, during the first commercial property open house, sponsored by Lovell Inc. Director Sue Taylor said the open house is designed ...

Apollo Commercial Real Estate Finance, Inc. Announces Dates for Second Quarter 2012 Earnings Release and Conference Call - NBCNews.com

Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE: ARI), today announced the Company will hold a conference call to review its second quarter financial results on Tuesday, August 7, 2012 at 8:30 a.m. Eastern Time. The Company's ...

New York Falls to Third in Foreign Commercial Real Estate Buying - Bloomberg

New York fell to the third-most popular city for overseas commercial real estate buyers in the second quarter, trailing London and Paris, as Europe's debt crisis failed to deter purchasers, Jones Lang LaSalle Inc. said. The U.K. capital topped ...

Walnut Appealing $3.9 Million Redevelopment Bill - Patch.com

Walnut Appealing $3.9 Million Redevelopment BillPatch.comBetween November and December, Walnut received $4 million in redevelopment funds and almost all of that money has been allocated to pay back the existing debt to the bondholders, she said. That would leave the city with no money to pay the debt it owes ...

Strata commercial property sales strong in H1

by Cheryl Tay

City, redevelopment authority receive loans - The Tribune-Democrat

City, redevelopment authority receive loansThe Tribune-DemocratThe city itself will get $10.9 million from the state. Pennsylvania directed $9.1 million to the Johnstown Redevelopment Authority. Because of the loan, Johnstown will be able to perform the work without needing to incur the financial burden of ...Governor Corbett Announces $87 Million Investment in Water Infrastructure ...MarketWatch (press release)Corbett Announces $87M Investment in Water Infrastructure ProjectsGant Dailyall 22 news articles »

Keyes Co. buys West Palm commercial firm - Weblogs.sun-sentinel.com

The Keyes Co., a big player in residential real estate across South Florida, has formed a new company to handle commercial business. Keyes announced that it has acquired Burst Commercial Real Estate Services of West Palm Beach. The new entity is called KRES Commercial.

Struggle continues for commercial real estate market - Colorado Springs Gazette

KEY COMMERCIAL REAL ESTATE SECTORS: AT A GLANCE: • Offices: 14.9 percent second quarter vacancy rate, down from 15.1 percent in the first quarter and up from 14.5 percent in the second quarter of 2011. Average rents: $10.27 per square foot in the second ...

U.S. Commercial Market Stable; More Property Increases; Casualty, D&O Mostly Flat: Marsh

Despite signs of a potential market shift in some areas of property insurance, the overall U.S. property, casualty, and financial and professional insurance market remained stable during the first half of 2011 as abundant capacity offset catastrophe losses, according to …

New York City Commercial Transactions over $5M up 33% in Q2 2012 - YAHOO!

PropertyShark.com, a New York based online provider of real estate data, has released its quarterly Commercial Real Estate Report covering New York City. The number of commercial transactions over $5 million closed during Q2 2012 was significantly higher ...

EDA Agrees to $14.73 Million Purchase Agreement with Outlet Mall Developer - Patch.com

EDA Agrees to $14.73 Million Purchase Agreement with Outlet Mall DeveloperPatch.comOn Tuesday, the Eagan Economic Development Authority approved a $14.73 million purchase agreement with Paragon Outlets Eagan LLC. for 29 acres of property in the city's Cedar Grove Redevelopment Area. Paragon Outlets, a Baltimore, Md.-based ...Eagan OKs purchase of Cedar Grove parcel for upscale outlet mallPioneer Pressall 2 news articles »

Cities, county dispute redevelopment bills: Reporting glitch could cost local ... - San Jose Mercury News

Cities, county dispute redevelopment bills: Reporting glitch could cost local ...San Jose Mercury NewsSanta Cruz was hit with a $4.5 million bill, and wrote a check "under protest," said Bonnie Lipscomb, director of the redevelopment successor agency. Lipscomb said the agency was able to make the payment with reserves - funding that it was probably ...and more »

New mall proposed for current home of Napa Ford

A key piece of commercial property on the Soscol Avenue corridor may become Napa's newest retail center.

NYC Property Sales Led by Northern Manhattan, Brooklyn

Northern Manhattan and Brooklyn are leading gains in New York City commercial-property deals this year as apartment buildings in the areas attract investors, brokerage Massey Knakal Realty Services said today.