Friday, July 20, 2012

Top of the List: Commercial real estate brokerages - Bizjournals.com (blog)

Top of the List: Commercial real estate brokerages - Bizjournals.com (blog)

Top of the List: Commercial real estate brokerages - Bizjournals.com (blog)

Top of the List: Commercial real estate brokeragesBizjournals.com (blog)We're all about commercial real estate at the Business Journal these days. In addition to preparing our annual Commercial Real Estate Guide, which publishes Aug. 17, we've also got this week's list of commercial real estate brokerages. The list was ...and more »

For Sale: Peter Madoff's $4 million Park Ave pad - CBS News

Given the steep climb of high-end Manhattan real estate over the past 8 years -- not to mention the $1 million renovation -- that's a significant discount. Peter Madoff is heading to prison for 10 years for fraud, and as part of a forfeiture ...

France, UK Commercial Markets Benefit From Investors Eurozone Debt Fears in ... - World Property Channel

Overseas Property and Investment NewsFrance, UK Commercial Markets Benefit From Investors Eurozone Debt Fears in ...World Property ChannelAccording to global property adviser CBRE, commercial real estate investment activity rose significantly in France and the United Kingdom (UK) in the second quarter of 2012 (Q2 2012), as compared with both Q1 2012 and Q2 2011, as investors sought the ...France 'a top target' for commercial property investment in EuropeOverseas Property and Investment Newsall 3 news articles »

NorthStar Income Announces Closing of a New $50 Million Credit Facility - Sacramento Bee

NorthStar Income Announces Closing of a New $50 Million Credit FacilitySacramento BeeThe credit facility will be used by NorthStar Income to finance first mortgage loans and senior loan participations, secured by commercial real estate properties. The facility has a two-year revolving period, plus three one-year extension options ...and more »

Newmark Grubb Knight Frank Strengthens Its Commitment to Las Vegas and ... - MarketWatch (press release)

Newmark Grubb Knight Frank Strengthens Its Commitment to Las Vegas and ...MarketWatch (press release)"Newmark Grubb Knight Frank, one of the fastest growing commercial real estate firms in the industry, is unique in its ability and commitment to serve all aspects of the industry including casino investment sales and finance," Mr. Lehrman said. "While ...and more »

Pasadena council members question Rose Bowl renovation strategy - Pasadena Star-News

... Legacy Connections can't meet its goal of raising $20 million in support of the stadium's estimated $177-million renovation, officials said. Although still in negotiations with tenants UCLA and the Tournament of Roses Association, stadium ...

Watsonville finance chief: City is solvent: Shortfall due to RDA loss can be managed, official says - San Jose Mercury News

The city has a stable financial outlook," Vega said. There is a shortfall arising out of the shutdown of the redevelopment agency, however. In December, the city expected $1.2 million in property taxes in reimbursement for bills paid between ...

County gets $39 million from tax shift

Now that Gov. Jerry Brown's redevelopment shutdown plan is taking effect, it's not clear that Sacramento ended up with all the loot.

Euro zone woes spur UK property bargain hunt - Chicago Tribune

Euro zone woes spur UK property bargain huntChicago TribuneLONDON (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.Commercial property investors 'are bargain-hunting' amid euro woesStrideall 17 news articles »

REAL ESTATE: Commercial lure of Skechers seems weak - Press-Enterprise

Press-EnterpriseREAL ESTATE: Commercial lure of Skechers seems weakPress-EnterpriseNearly a year after a large warehouse opened in the area, few retail establishments have sprouted around the Skechers facility. Commercial real estate professionals say not enough residential property has developed to support retail establishments.

Michigan's Schembechler Hall to undergo $9 million renovation - ClickOnDetroit.com

The University of Michigan Board of Regents has approved a $9 million renovation at Schembechler Hall and the addition of a $2.8 million marquee just outside of the Big House. The regents passed both proposals Thursday at their monthly meeting.

Real estate funds lead the pack, but can it last? - Atlanta Journal Constitution

Real estate funds lead the pack, but can it last?Atlanta Journal ConstitutionBut 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 ...and more »

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

STOCKTON – 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.

El Cerrito challenging state demand for cash

El Cerrito would have to cut services to pay $1.7 million tab

Governor's Mansion reopens after renovation - Fort Worth Business Press

AUSTIN – The Texas Governor's Mansion, which came perilously close to being destroyed by an act of arson in 2008, has been fully restored after a $25 million renovation that began more than two years ago. Gov. Rick Perry and Texas First Lady Anita Perry ...

Struggle Continues for Commercial Real Estate Market - LoanSafe

Struggle Continues for Commercial Real Estate MarketLoanSafe(Source: Rich Laden The Gazette, Colorado Springs, Colo. (MCT) – The Pikes Peak region's commercial real estate market continues to struggle with high vacancies and soft rents, according to the latest report by Turner Commercial Research of Colorado ...

Ares Commercial Real Estate Corporation Schedules Earnings Release For The ... - TheStreet.com (press release)

Ares Commercial Real Estate Corporation Schedules Earnings Release For The ...TheStreet.com (press release)Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will report earnings for the quarter ended June 30, 2012 on Tuesday, August 14, 2012. Ares Commercial Real Estate Corporation invites all interested persons to attend its ...

Kansas Masonic Home sets $22 million expansion - NBCNews.com

WICHITA, Kansas (AP) — The Kansas Masonic Home is preparing for a $22 million renovation that will update most of its facilities in Wichita. A groundbreaking is scheduled for Friday for the start of the renovation, a $4 million rehabilitation ...

Memphis City Council committee OKs $3 million in public funds for Chisca redevelopment - The Business Journal

A Memphis City Council Memphis City Council Latest from The Business Journals Voters will get final say on Memphis sales tax increase Committee to consider funding proposals for Chisca Hotel improvements New Shelby County building codes could ...

BUDGET: North County cities owe $46 million in redevelopment cash, state says

North County cities are on the hook for more than $46 million, according to the state's reckoning of how much more of their former redevelopment money should go to schools, counties and other local agencies.

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