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Starbucks sues to block exec from joining rival Dunkin' Donuts - Puget Sound Business Journal (Seattle). for free extra services. (Puget Sound Business Journal, WA)
Democrats look to extend tax credit Oct 8, 2009
Keeping the home-buyers credit and broadening it has been a priority for real estate agents and the home builders lobbies, and for Reid, who faces a tough reelection race next year in a state that has been among the hardest hit by the housing crisis since mid-2007. Reid said the government should continue efforts to strengthen the housing market by extending the home-buyer tax credit. (Boston Globe)
Still wary, consumers cut borrowing by $12 billion in August Oct 8, 2009
It does not include mortgages or other debt related to real estate. The retrenchment in August occurred even as consumer spending increased 1. (Boston Globe)
Employers clamp down on social networking Oct 8, 2009
Survey: Most employers prohibit social-networking sites - Wichita Business Journal. for free extra services. (Wichita Business Journal, KS)
Why Is the UBS Whistle-Blower Headed to Prison? Oct 8, 2009
The former UBS private-banking executive hasn't hidden the fact that he once bought diamonds with illicit money in Europe and then spirited them to California stuffed in a toothpaste tube, all part of an effort to conceal $200 million in assets on which his client the Russia-born, California-based real estate mogul Igor Olenicoff owed $7 ... Even as he was talking to the feds, they say, Birkenfeld was secretly advising the real estate mogul to move his money from UBS to Liechtenstein banks. (Time.com)
Mass. companies join forces on retail strategy Oct 7, 2009
Commercial real estate powerhouse CB Richard Ellis/New England is launching a venture with one of the region s largest players in retail leasing, with the two trying to capitalize on an economic rebound that will probably lead to new property redevelopments and store openings over the next few years. CB Richard Ellis is forming a joint venture with Grossman Commercial Real Estate Group, whose principals have represented Puma, Linens N Things, and drugstores ... Local real estate analysts said... (Boston Globe)
Platinum’s acquisitions is varied and extensive Oct 7, 2009
2009: DAUM Commercial Real Estate Services (from DAUM). Copyright 2009 Globe Newspaper Company. (Boston Globe)
55 condos at Natick mall sold at auction Oct 5, 2009
This wasn t an issue for the Kaplans, a father-and-son team who purchase real estate investments through Kaplan Commercial Properties of Franklin. They bought two units and will try to find tenants immediately. (Boston Globe)
Strain on the nerves Oct 4, 2009
I am very interested in keeping and maintaining a mutual level of respect here because, quite honestly, I d rather not have you stopping by during this cold and flu season, which once I thought was merely a marketing scheme cooked up by the folks who manufactured Vicks VapoRub -- something like MetroWest, the concept that real estate hustlers dropped all over that part of Route 9 that we in the heart of the Commonwealth used to call, simply, Over There by Shoppers World. Mind you, I am not... (Boston Globe)
Riverside living close to Concord Center Oct 4, 2009
This is for a unique buyer who loves an antique and wants to be on the river near the center of town, said Carol Smith, listing broker for Hammond Residential, GMAC Real Estate, who will hold an open house from 1-3 p.m. today. Copyright 2009 Globe Newspaper Company. (Boston Globe)
Rolling the dice on wasteful home subsidies Oct 3, 2009
Yet instead of reconsidering the public incentives that encourage real estate gambling, the federal government seems ready to double down, with another $35 billion in Treasury support for state agencies that subsidize borrowing, and the reauthorization of an $8,000 home buyer s tax credit ... Presidents from FDR to George W. Bush subsidized real estate borrowing through government-sponsored agencies that insured mortgages, like Fannie Mae and Freddie Mac, and through the home mortgage interest... (Boston Globe)
2 towns, 2 groups consider taking over Scituate lighthouse Oct 3, 2009
Two nonprofit groups also sent letters, said Paula Santangelo, New England spokeswoman for the US General Services Administration, the federal government s real estate arm. She would not disclose the names of the nonprofits. (Boston Globe)
City cant keep tech startups Oct 3, 2009
City cant keep tech startups - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Economy fragile, Hub Fed chief says Oct 3, 2009
Falling commercial real estate prices and rising loan delinquencies pose new problems for banks. Rising unemployment is cutting incomes and holding down wages. (Boston Globe)
Entertainer Spotlight on Roger King (38) Oct 3, 2009
In between he would work with his father and brother-in-law in their real estate business in Florida ... He continues to work as a real estate investment broker and performs with bassist Jeff Stover one Sunday a month at Our Savior Church in Palm Springs. (Desert Entertainer, CA)
Hebrew SeniorLife names chairmen Oct 2, 2009
Alperin is president and founding partner of National Development, a real estate and investment firm in Newton. Cohen is president and chief executive of Beacon Communities, a Boston-based residential real estate firm. (Boston Globe)
GlassHouse to add 20 Triangle jobs GlassHouse pulls IPO registration plan Glasshouse acquires Chicago security firm GlassHouse seeks $100M through IPO Oct 1, 2009
GlassHouse to seek as much as $100M through IPO - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
Handyman on call Oct 1, 2009
Local Search Site Search. THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING. (Boston Globe)
Let real estate credit expire Oct 1, 2009
This influx of new buyers may have slowed the nationwide plunge in real estate prices. But the success of the program - like that of the cash for clunkers auto-sales credit - depends on the perception that the credit wouldn t be offered forever. (Boston Globe)
FDIC looks to banks to replenish deposit fund Sep 30, 2009 Bailouts for smaller banks being considered Sep 26, 2009 After 'Clunkers: Auto sales crash in Sept. Sep 26, 2009 The Big Platter Sep 26, 2009 Exclusive Subscriber Content Sep 25, 2009 August home sales falter after 4 months of gains Sep 25, 2009 Financial watchdog plan narrowed Sep 24, 2009 Handyman on Call: Crack in concrete causes concern Sep 24, 2009 Haverhill Journal: On Thursday nights, rolling back the years Sep 24, 2009 MIT students create Facebook gaydar Sep 23, 2009 Economy, other factors, lead to restaurant closings Sep 23, 2009 Planners to make downtown presentations Sep 22, 2009 Franklin Street to sell 8 million shares Sep 20, 2009 Brockton is rocked asits ballclub founders Sep 19, 2009 At Babson, young entrepreneurs learn to compete, give back Sep 19, 2009 Sam Judge buys Quayside Apartments in Troy Sep 19, 2009 Stocks rally breathes life into IPOs Sep 18, 2009 Unemployed homeowners could get mortgage assistance Sep 18, 2009 Jeremy Allaire: Web Master 2.0 Brightcove closes $59.5M funding round Sep 18, 2009 After a year of painful losses, lessons about managing your investments abound Sep 17, 2009 Cuomo Subpoenas 5 Bank of America Directors Sep 17, 2009 Fed assessing health of some midsize banks Sep 17, 2009 NY subpoenas Bank of America board members on Merrill Sep 17, 2009 How to Buy a House Using Redfin Sep 16, 2009 Grande under new ownership Sep 16, 2009 Morey: NFL needs to aid brain, concussion research Sep 16, 2009 City denizens don't see pits Sep 15, 2009 'Do Bad' does fine Sep 14, 2009 Old farmhouse, up-to-date features Sep 13, 2009 After Madoff scandal, SEC investigations to get tougher Sep 11, 2009 A must for health care reform: End fee-for-service medicine Sep 11, 2009 Troys City Hall not movingfor now Sep 10, 2009 Ex-US representative Foley hits airwaves Sep 10, 2009 Local Boys & Girls Clubs ramp up fund-raising efforts Sep 10, 2009 New Milford Hospital names interim president and CEO Sep 10, 2009 Seattle No.5 on best college cities list Sep 9, 2009 Victorian has old-fashioned warmth Sep 6, 2009 Other prime-time experiments Sep 6, 2009 Judge rejects claims in suit against Romney Sep 5, 2009 City sold hundreds of lots at big discount Sep 4, 2009 Post Office Square’s cushion code of honor Sep 3, 2009 Analysis: Mayor composed Sep 3, 2009 With a variety of new rules taking effect soon, truth in lending is the goal Sep 3, 2009 Handyman on call: some a/c advice, minus the tech-speak Sep 3, 2009 Fidelity replaces another executive Sep 3, 2009 Wellesley Porter colonial in desirable neighborhood Sep 1, 2009 It’s time for a change Aug 30, 2009 Medfield Century 21 hosts job barnraiser Sept. 11 Aug 30, 2009 Eye-catching Victorian on livable scale Aug 30, 2009 Fish & Richardson closing Austin office Aug 29, 2009 Calif. Holds Statewide Garage Sale Aug 29, 2009 N.J. celebrity haunt is priciest ZIP code Aug 29, 2009 Brookline developer looking to buy Dexter Park Aug 28, 2009 MagnetBank post-mortem reveals problems Aug 28, 2009 Alabama home sales up 3% in July Aug 27, 2009 Pathway Communities plans Homecoming in LaGrange Aug 26, 2009 Better with age Aug 23, 2009 Condo packed with custom touches Aug 23, 2009 Winners, losers in city's small construction projects Aug 23, 2009 First Coweta Bank Georgias 18th bank failure Aug 22, 2009 Home resales during July surged more than 7 percent Aug 22, 2009 Selectmen back Bay Colony Rail Trail study Aug 21, 2009 Gaslight basketball: Leighton Building claims third title in four years Aug 20, 2009 Report: Social networking attacks jump Aug 19, 2009 SEE YOU IN SEPTEMBER: BUSINESSWEEK BIDDERS Aug 19, 2009
The officials said that if nothing were done, the fund would be holding almost exclusively hard-to-sell real estate and other unmarketable assets by early next year. At last report, this summer the fund had about $22 billion in cash and other marketable securities. (Boston Globe)
Cleantechs hopes riding on IPO A123's Q1 revenue rises, loss widens Sep 26, 2009
A123's Q1 revenue rises, loss widens - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
Small community banks are struggling as commercial real estate and other loans go sour. Officials and industry representatives are considering how to get money to those banks, Doyle said yesterday. (Boston Globe)
After 'Clunkers': Auto sales crash in September - Wichita Business Journal. for free extra services. (Wichita Business Journal, KS)
The establishment itself was comfortable. But I was not happy with the service of the waitstaff. (Seacoast New Hampshire)
Print Edition - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
Housing and real estate groups like the National Association of Realtors have called on Congress to extend or expand the tax credit for first-time buyers, saying that sales could slide back once it expires at the end of November. While the program has helped to drive sales higher this summer, some economists say its effects are waning because most interested buyers have already taken advantage of the $8,000 credit. (Boston Globe)
WASHINGTON - Ceding ground amid growing business opposition, the Obama administration has signaled a willingness to exempt retailers, real estate brokers, lawyers, and auto dealers from oversight of its proposed Consumer Financial Protection Agency. Yesterday, Treasury Secretary Timothy Geithner told Congress he supports a plan by US Representative Barney Frank, Democrat of Massachusetts, that would narrow the purview of the new consumer watchdog. (Boston Globe)
Globe Handyman on Call also appears in the Sunday Real Estate section. He s available 1-6 p.m. Tuesdays to answer questions. (Boston Globe)
The state has lost 10 roller rinks in 15 years, Pyche said, and more are going because the real estate is worth more than the rinks. Pyche said he never wanted to go into the family business, drifted for a bit, but came back 15 years ago, bought the Bradford rink out of bankruptcy, and tried to re-create the old days, when the floor mattered, when the skating mattered. (Boston Globe)
MIT students create Facebook gaydar - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
We re probably the busiest we ve been in 18 months, says Daniel Newcomb of real estate firm Atlantic Restaurant Group Inc. We have a number of buyers looking for Boston. We need more inventory. (Boston Globe)
Downtown planners to make pitch for Wichitas core - Wichita Business Journal. for free extra services. (Wichita Business Journal, KS)
Shares of Franklin Street Properties Corp. dropped late in the week, after the investment firm which specializes in real estate said it plans to sell 8 million shares at $13 a share to repay its debt and finance potential acquisitions. On Friday, shares of the Wakefield firm had their biggest intraday decline since Dec. 15. (Boston Globe)
Advertisements from banks, mortgage companies, and real estate firms filled the outfield wall, and businessmen and birthday celebrants packed into luxury boxes. But while revenue rose, expenses rose faster, and owners soon faced a steep operating deficit. (Boston Globe)
It s not NBC s The Apprentice show starring celebrity real estate mogul Donald Trump, but rather a new class at Babson College in Wellesley that s modeled after the popular reality TV show. In the The Ultimate Entrepreneurial Challenge class, 50 students are divided into five-person teams and they earn an A by competing against one another in 13 business challenges. (Boston Globe)
3M - The Business Review (Albany). for free extra services. (Albany Business Review, NY)
Among the deals scheduled are Shanda Games Ltd., a spinoff of Chinese online game developer Shanda Interactive; Foursquare Capital, a newly formed mortgage real estate insurance trust backed by AllianceBernstein; and Artio Global Investors, the parent company of Julius Baer Investment Management. Companies looking to come public in the coming months include , Hyatt Hotels, and. (Boston Globe)
Some real estate groups applauded the talks, saying mounting joblessness will haunt any housing recovery ... "If we want to prevent foreclosures, something needs to be done, and it's not mortgage modification," says Morris Davis, an assistant professor of real estate and urban land economics at the University of Wisconsin-Madison, and one of the authors of a relief plan that would provide housing vouchers attached to unemployment insurance. (USA Today -- Money)
Brightcove closes $59. 5M funding round - Boston Business Journal. (Boston Business Journal, MA)
By spreading money across stocks, bonds, commodities and real estate, you stand a better chance that some will go up while others go down. Rebalance regularly. (Boston Globe)
They include: Walter Massey, professor emeritus of Morehouse College and now the bank's chairman; Thomas May, the chief executive of utility NStar who chaired the audit committee; retired Army Gen. Tommy Franks; real estate executive William Barnet and venture capital executive John Collins. Only Massey and May are still on the board. (ABC News -- Wire)
WASHINGTON - Federal Reserve supervisors are examining the vulnerability of medium-size lenders to falling commercial real estate values to gauge the size of potential losses across the banking system ... There is a fair amount of concern about the commercial real estate credit that is going to be coming due, said Kevin Fitzsimmons, managing director at Sandler O Neill & Partners LP, a research firm in New York ... 08 trillion of commercial real estate loans on their books at the end of June,... (Boston Globe)
The subpoenaed board members include Thomas J. May, head of the Boston utility company ; William Barnet III, a real estate executive and the mayor of Spartanburg, S.C.; John T. Collins, a venture capital investor based in Boston; Tommy R. Franks, the retired four-star Army general; and Walter E. Massey, the former president of Morehouse College in Atlanta, this person said. Cuomo s office wants to know whether Bank of America s board knew of additional losses discovered at Merrill after the... (Boston Globe)
Redfin, an online brokerage for buying ng homes, offers clients access to real estate databases, and buyers in large cities receive a 50% refund of the commission. Redfin, the first major online real estate brokerage, was founded in 2002 ... This unusual real estate company was Marketplace on September 2, 2009. (Suite101.com)
Boston firm takes majority ownership of Grande Communications - Austin Business Journal. for free extra services. (Austin Business Journal, TX)
By JIM LITKE, AP Sports Columnist. Wednesday, September 16, 2009. (San Francisco Chronicle -- Sports)
Mary Ann Tighe, who's also the incoming president of the Real Estate Board of New York, said that in theory, having so many projects "in suspended animation should be a downer for the city." ... CB Richard Ellis tristate CEO Mary Ann Tighe, who's also the incoming president of the Real Estate Board of New York, said that in theory, having so many projects "in suspended animation should be a downer for the city.". (New York Post -- Business)
Leno can fill five hours of prime-time real estate for roughly the cost of a single hour-long drama. And he ll be able to offer the audience a programming alternative to all those fictional lawyers, cops, and doctors - with fresh comedy 46 weeks of the year. (Boston Globe)
cor is period-specific but not offensive - it s neutral and soothing, says Camille Murphy, a broker with Shanahan Real Estate Group. Listing broker is Nan Shanahan. (Boston Globe)
Real solutions for your real estate needs. Choose from the selections below. (USA Today -- Money)
Doctors need incentives for good care, not more care. By Anthony L. Schlaff. (Christian Science Monitor)
Troys City Hall not going anywherefor now - The Business Review (Albany). for free extra services. (Albany Business Review, NY)
He has since been working in real estate investment and has shied from the spotlight - until now. Raineri said Foley approached the station a few months ago about doing a show. (Boston Globe)
Until the recession hit, Newton resident Angela Cedrone raised her three children at home while her husband, a real estate agent, worked days ... Then, the real estate market collapsed. (Boston Globe)
The Republican-American. Thursday, September 10, 2009 3:15 AM EDT. (Republican-American)
Seattle fifth on list of best college cities - Puget Sound Business Journal (Seattle). for free extra services. (Puget Sound Business Journal, WA)
Brokers Bill Janovitz and John Tse of Hammond Residential Real Estate in Lexington are planning an open house next Saturday and Sunday from 12:30 to 3 p.m.. Copyright 2009 Globe Newspaper Company. (Boston Globe)
By 2000, Who Wants to Be a Millionaire was a massive hit for ABC. So the network over-filled its prime-time real estate with the Regis Philbin quiz show, running it four nights a week. Viewers burned out quickly and the ratings dropped, leaving ABC with a shortage of viable programs. (Boston Globe)
Monahan, a former Belmont selectman and political supporter of Romney s, testified that on Aug. 28, 2003, about a month after Romney appointed him civil service commissioner, he received a telephone call from a Boston Globe reporter asking him about his real estate purchase from Angiulo ... Romney testified that he thought Monahan s real estate transaction with Angiulo was very troubling and would not have appointed him to the commission if he had known about it. (Boston Globe)
Sandra Duran, deputy director for real estate management and sales at the Department of Neighborhood Development, acknowledged that price is not always a concern for the city, but she said that was not the point ... City officials say a real estate committee composed of employees from various departments decides which lots should be routed to which programs for sale. (Boston Globe)
There were guys in suits, and women in dresses, and some of them were spreading newspaper to sit down and it just occurred to me, we should do something so more people can sit on the grass, said Bill McCall, a Holy Cross guy who made his name and money in real estate. So, at the next meeting of the people who oversee the urban oasis in Post Office Square that is known as Norman Leventhal Park, Bill McCall suggested they buy a bunch of cushions and make them available to people who use the park. (Boston Globe)
For an hour, Menino, the city s longest-serving chief executive, parried the thrusts of his opponents, who tried to score points by attacking him on the issues of crime, public education, real estate development, and his management of the city s finances and bureaucracy ... But the challengers attacked him on the issue of real estate development in the city, maintaining it is a closed process that benefits the well connected. (Boston Globe)
Mortgage lenders and brokers are banned from coercing or encouraging a real estate appraiser to misrepresent the value of a home. We are mandating that buyers be given an accurate appraisal so they don t end up borrowing more money than the home is worth. (Boston Globe)
Globe Handyman on Call also appears in the Sunday Real Estate section. He s available 1-6 p.m. Tuesdays to answer questions on house repair. (Boston Globe)
Marvin Adams, who led technology and real estate operations, stepped down in June. Fidelity spokesman Vin Loporchio said Clark will be replaced by Gerard McGraw, 54, who has been with Fidelity since 1996. (Boston Globe)
You ll hear that from any real estate agent and you can see it for yourself at 7 Lehigh Road. This white, five-bedroom Porter colonial with black trim is on the market for $1,399,000, by Just In Boston Properties, but is in a neighborhood of homes that have sold recently for $2 million and up. (Wellesley Townsman, MA)
A BOSTON real estate executive describes Mayor Tom Menino s controlling, aesthetic interest in new development by saying he loves roofs and doors. Using the mayor s own terms, I m sure there are folks who would gladly shout from the rooftops, Time to show him the door. (Boston Globe -- Editorial)
Led by founding partners who have more than 200 years of collective industry expertise - and a lifelong commitment to excellence - this vast network of 17 offices and 400+ sales associates stands ready to serve all your real estate needs. Loading commenting interface. (Medfield Press, MA)
Carol Meehan of Hammond Residential GMAC Real Estate in Chestnut Hill is the listing broker. Copyright 2009 Globe Newspaper Company. (Boston Globe)
Fish rdson closing Austin office - Austin Business Journal. for free extra services. (Austin Business Journal, TX)
Real Estate Information. Sponsored Links. (KSBW 8, CA)
Even such pricey neighborhoods have not been immune to the economic downturn that has hammered real estate prices. Forbes said prices fell 23 percent in the past year in Alpine and Atherton, and by 24 percent in the West Village. (Boston Globe)
A Brookline real estate mogul has his eyes one of the largest rental properties in Brookline ... A spokesman for Cushman and Wakefield, the real estate firm handling the sale, could not provide information on the property by the TAB s deadline, but Brown said he is one of six potential buyers now in the final round of bidding. (Brookline TAB, MA)
Deteriorating real estate development loans, suspect loan practices and an over-reliance on wholesale deposits felled , the Utah-based, but Atlanta-run bank that was seized by regulators last January, federal auditors said in a report issued Wednesday. A report by the Office of the Inspector General of the said high concentrations of commercial real estate and acquisition, development and construction loans, coupled with weak management controls, left the MagnetBank unprepared to deal with... (Atlanta Business Chronicle, GA)
The Alabama Center for Real Estate reported that home sales in July in the state totaled 4,008 ... It is crucial that we keep a close eye on all real estate and economic indicators released throughout the quarter ... Birmingham Real Estate. (Birmingham Business Journal, AL)
Pathway Communities plans Homecoming in LaGrange - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
CONTACT Mark Cullings, William Raveis Real Estate, Hingham, 781-210-2926 ... CONTACT Peter Lake, Barbara C. Lake Real Estate, Marblehead, 781-639-7771. (Boston Globe)
Zarbano, a Boston real estate agent, is now selling this unusual condo. It is cozy, yet has a large roof deck and oversize windows. (Boston Globe)
On Roslindale s modest Catherine Street, three West Roxbury real estate agents wanted to build a two-family townhouse in 2005. Because their plans seemed to meet local zoning, they easily got a building permit. (Boston Globe)
First Coweta largely fits the profile of the state s other failed banks: suburban base with a growth model fueled by heavy bets on a once hot real estate market. But like other failed Georgia banks before it, First Coweta was consumed by a toxic cocktail of souring real estate loans and a liquidity crunch after the housing market burst and Wall Street faltered ... 3 million in equity capital, which could not sustain potential losses on $11 million in foreclosed real estate and nearly $20 million... (Atlanta Business Chronicle, GA)
We ve got tens of thousands of homes perfect for the first-time homebuyer and we ve taken advantage of that, said George Hackett, president of Coldwell Banker Real Estate in Pittsburgh ... The real estate industry is lobbying to have the credit extended but its unclear if Congress will be swayed. (Boston Globe)
Also currently on their to-do list includes filing for 501(c)(3) non-profit standing, continued outreach to abutters of the project and negotiations for rights to real estate of the abandoned rail property with the MBTA. Funding, Donner said, is at the bottom of their priorities at this time. Also at the selectmen s meeting. (Medfield Press, MA)
Thursday August 20, 2009. Leighton Building claims third title in four years. (Seacoast New Hampshire)
Report cites jump in social networking attacks - The Business Journal of the Greater Triad Area. for free extra services. (Triad Business Journal, NC)
Bidders are said to be a little skeptical about that tabulation, arguing that even if the mag moves out of Rockefeller Center it still faces considerable real estate costs. What's more, a new owner would likely have to cough up money to replicate things like circulation and fulfillment to keep the magazine going. (New York Post -- Business)
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