Santa Clara, San Jose gird for state redevelopment land ruling - San Jose Mercury News

Santa Clara, San Jose gird for state redevelopment land ruling - San Jose Mercury News

Santa Clara, San Jose gird for state redevelopment land rulingSan Jose Mercury NewsThe controller in August ruled that Milpitas and Morgan Hill shouldn't have transferred assets from their redevelopment agencies to the city or a newly created city economic development corporation. The controller ruled that Milpitas owed $234.7 ...and more »

State Bills Cerritos $17.1 Million, City Responds - Patch.com

State Bills Cerritos $17.1 Million, City RespondsPatch.comCity governments across the state knew the dissolution of local redevelopment agencies would lead to some confusion and loss of money for the cities, but a $17.1 million bill from the state wasn't on the radar for the city of Cerritos. The California ...

Redevelopment work begins on Downtown Grand - Las Vegas Review - Journal

VEGAS INCRedevelopment work begins on Downtown GrandLas Vegas Review - JournalWhen Los Angeles-based CIM Group acquired the property in 2007 for $20.4 million, the City Council approved a development agreement for a mixed-use project that would incorporate the hotel-casino along with 100,000 square feet of retail on city land ...New hotel to bring more jobs to downtown Las VegasKTNV Las Vegasall 8 news articles »

Hercules will transfer development properties from one branch of city to ... - San Jose Mercury News

Hercules will transfer development properties from one branch of city to ...San Jose Mercury NewsSycamore Crossing, Parcel C and Victoria Crescent once were owned by the now-defunct Hercules Redevelopment Agency, which transferred them to the city in March 2011 to satisfy most of a pre-existing $34.9 million debt for loans and construction costs.and more »

California Approves Program Eliminating Upfront Cost Of Energy Upgrades

On November 8, California regulators approved (PDF) plans by the state?s largest utilities to make an innovative financing proposal called on-bill repayment (OBR) available to their commercial customers. The programs, which will enable property owners to avoid the upfront cost of energy improvements, are scheduled to launch in March 2013.

Menkes Developments satisfied with Ontario court's commercial property bird-collision ruling

TORONTO , Nov. 20, 2012 /CNW/ - Menkes Developments Ltd.  is satisfied with Ontario Justice of the Peace William Turtle's decision to dismiss three charges against the company under the federal Environmental ...

AmeriBid LLC and National Commercial Auctioneers to Conduct Multi-Property Auction With Properties Throughout the ...

WASHINGTON -- AmeriBid LLC (www.AmeriBid.com) and National Commercial Auctioneers (www.natcomauctions.com) announce the auction of several properties throughout the Northeast.

Shakopee Loans $48 Million to Lower Sioux for Debt Consolidation, Casino ... - Indian Country Today Media Network.com

Shakopee Loans $48 Million to Lower Sioux for Debt Consolidation, Casino ...Indian Country Today Media Network.comThe Shakopee Mdewakanton Sioux Community (SMSC), whose reservation is located just south of the Twin Cities in Minnesota, has a reputation for helping other tribes. Now they are lending $48 million to the Lower Sioux Indian Community, based in south ...Shakopee Mdewakanton extend $48M loan to Lower SiouxWest Central Tribuneall 2 news articles »

CBRE Group, Inc. Acquires EA Shaw

CBRE Group, Inc. (NYSE:CBG), a leading global commercial real estate services and investment firm, recently announced the acquisition of EA Shaw, an independent commercial and residential property partnership which specialises in central London

LHCDC: $29 million in financing disclosed - Lompoc Record

LHCDC: $29 million in financing disclosedLompoc RecordLompoc Housing and Community Development Corporation (LHCDC) received more than $29 million in public and private loans for low-income housing it either developed or rehabilitated, according to a consultant report to be presented to the City Council ...and more »

Hopkinton selectmen to hold tax classification hearing

The Board of Selectmen will consider whether there should be a single or split tax rate for the town's residential and commercial property at the board's annual tax classification public hearing tonight.  Selectmen Chairman Benjamin Palleiko said while the town is required to consider the tax rate annually, there is very little discussion of changing to a split rate from Hopkinton's current ...

Channel 9's $206 million redevelopment plans drag on - NEWS.com.au

Channel 9's $206 million redevelopment plans drag onNEWS.com.auThe network has lodged plans for a $206.5 million development that includes a mixed residential and commercial tower, up to 663 apartments and 600sq m of retail space. It will be assessed under Part 3A by the NSW Planning Department, not Willoughby ...

State Demands $17.1 Million Payment from City of Cerritos - Los Cerritos News

State Demands $17.1 Million Payment from City of CerritosLos Cerritos NewsIn 2012, the State required the Successor Agency to the Cerritos Redevelopment Agency to pay $5,979,282 to the Los Angeles County Auditor. In addition, the State failed to make an estimated $8 million in property tax distribution payments to the ...

Tyler Perry's Former Studio Site of $70 Million Redevelopment Project - Atlanta Black Star

Tyler Perry's Former Studio Site of $70 Million Redevelopment ProjectAtlanta Black StarAtlanta director Tyler Perry's former Inman Park studio is becoming part of a $70 million redevelopment. Paces Properties LLC is developing the project, including the re-purposing of Perry's former studio on Krog Street just north of Edgewood Avenue.Old Tyler Perry Studio in Inman Park Being Converted to House "West Coast ...Decatur Metroall 2 news articles »

Philly's Top Commercial Property Deals

This week, we look at the largest corporate real estate deals in Philadelphia.

Commercial property deals double to £307m

INVESTMENT deals in Scottish commercial property over the past quarter have more than doubled to £307 million in a tentative sign the sector may be improving.

$5.1 million grant for Rowan University to expand in downtown Camden - Philadelphia Inquirer (blog)

$5.1 million grant for Rowan University to expand in downtown CamdenPhiladelphia Inquirer (blog)The grant will go toward the university's $13.5 million redevelopment of the former First Camden National Bank and Trust building, a university spokesman said. The university purchased the property through eminent domain in 2009. After a court battle ...and more »

Commercial property: Why it's all about income

Against the backdrop of the UK's flatlining economy and forecasts of only tentative recovery in 2013, it's hardly surprising that the commercial property market is in a fragile state.

Commercial Property Faces Risk on Yields, Executives Say

Rising risks, including an eventual increase in interest rates, are leading commercial-property investors to borrow less and expect lower returns, said real estate executives including Rob Speyer and Richard J. Mack.

ISO Expands Commercial Property Classifications to Recognize Growth of Eco-Friendly Alternatives

JERSEY CITY, N.J., November 13, 2012 - ISO announced today new classifications to its commercial property program to account for the emergence of alternative energy sources. ISO is a member of the Verisk ...