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Hockey Biltong, I can report that a friend who is in commercial real estate says that the ownership of the Ice Forum Duluth has looked at in-town properties for building a rink. Don t know anymore than that. (Atlanta Journal-Constitution -- Sports)
Beacon Capital Partners Makes History with First Multi-Tenant Platinum LEED Existing Buildings Sep 30, 2009
Real Estate News and Advice ... CME Group is pleased to have supported 550 West Washington s efforts to achieve LEED-EB Oinum Certification as these efforts are in alignment with the company s own sustainability goals and occupancy cost reduction efforts, stated Kevin Lennon, Managing Director of Real Estate at CME Group. (RealtyTimes)
Is it Morally Wrong to Default on a Mortgage? Sep 30, 2009
Real Estate News and Advice ... Bob Hunt is a director of the National Association of Realtors and is author of the recently published book, "Real Estate the Ethical Way." A graduate of Princeton with a master's degree from UCLA in philosophy, Hunt has served as a U.S. Marine, Realtor association president in South Orange County, and director of the California Association of Realtors, and is an award-winning Realtor ... Real Estate News Network. (RealtyTimes)
Bernanke: Consumer loan program still needed Sep 26, 2009
"An ongoing need still clearly exists" for the program, which also is aimed at making sure loans flow to the troubled commercial real estate market, Bernanke said in brief remarks to a conference here sponsored by the Congressional Black Caucus Foundation ... They use the money to buy newly issued securities backed by auto and student loans, credit cards, business equipment, commercial real estate and loans guaranteed by the Small Business Administration. (MSNBC -- Business)
Disappointing Economic Data Signal Bumpy Recovery Sep 26, 2009
There's a bipartisan push on Capitol Hill to extend the credit, but prospects for the real estate market remain hazy. Similarly, while the manufacturing sector has made gains, they're partly due to the Cash for Clunkers program that supplied buyer rebates but that ended last month. (ABC News -- Wire)
City looks to buy Bell Federal building Sep 24, 2009
The nearly 199,824-square-foot building is nearly 93% leased, according to real estate data provider CoStar Group. One key tenant is drugstore chain Walgreen Co., with a 5,000-square-foot store on the first floor. (Crain's Chicago Business)
Two new companies let you hop a private jet for less Sep 22, 2009
Lawrence Moens, who owns a luxury real estate company in Palm Beach, says that he has been flying private for about 25 years. In recent months, he has used the Greenjets service. (USA Today -- Money)
Forecast predicts commercial values to get even worse Sep 22, 2009
(Crains) After plummeting over the past year, commercial real estate values in the Chicago area are poised to fall further and remain mired at recessionary lows for a couple more years, according to a new forecast ... The forecast, which PricewaterhouseCoopers based on current and historic data from Torto Wheaton Research and REIS, asserts that commercial real estate values here have further to fall ... Lets face the fact: Were in the Great Recession, says Charles DiRocco, the... (Crain's Chicago Business)
Alter Group buys into The New Republic Sep 18, 2009
The , a Chicago real estate developer with a significant presence in Phoenix, is expanding its horizons with an investment in magazine ... Though commercial real estate development is its core business, Alter also owns the WNBA s Chicago Sky team along with the magazine investment. (Phoenix Business Journal, AZ)
Sam Zell looks to expand in Brazil: report Sep 17, 2009
(Reuters) American billionaire 's Equity International real estate investment fund plans to expand its investments in Brazil to commercial property, farms, industrial warehouses and infrastructure and logistics in coming years, Valor Economico said on Wednesday. Privately held Equity International is also looking for strategic partners to sell structured financial instruments using residential real estate assets as collateral, Thomas McDonald, a director for the fund and a close aide to... (Crain's Chicago Business)
Receiver named for fmr. Shedd mansion Sep 16, 2009
(Crains) A Lake County judge has appointed a Chicago real estate firm as the receiver of two Lake Forest properties, including a 27-room mansion built by the founder of thats been slow to sell in the lifeless market for luxury homes. The receiver, Millennium Properties R/E Inc., now joins in the marketing efforts for the two properties, says Daniel Hyman, president of the Chicago-based firm. (Crain's Chicago Business)
Sears adds private-equity exec to board Sep 16, 2009
Mr. Kunkler, 52, is executive vice-president at Chicago-based investment firm CC Industries Inc., which is a unit of Henry Crown nd has interests in manufacturing and real estate. He has been at CC Industries since 1994, serving in various positions. (Crain's Chicago Business)
Tumri moving HQ to San Mateo Sep 15, 2009
for free extra services. Subscribe to Silicon Valley / San Jose Business Journal. (San Jose Business Journal, CA)
Condo lender Corus Bank fails Sep 15, 2009
4 billion commercial real estate loan portfolio. Most Read Stories. (Austin Business Journal, TX)
Banks Slow to Recover from Meltdown Sep 15, 2009
According to Bill Gross, of the investment management firm PIMCO, "To the extent that the consumer doesn't come back, then commercial real estate itself won't come back.". That could mean malls or hotels may not be able to meet their mortgage payments, which will mean more losses for the banks. (CBS News)
FBOP has deadline with Fed to raise capital Sep 15, 2009
Under the Aug. 28 agreement, which was released Monday, FBOP must submit a plan in two weeks that outlines how it will restore its capital levels and address its heavy exposure to commercial real estate loans ... The deal also requires the bank to reduce its concentration of commercial real estate loans. (Crain's Chicago Business)
SMALL BUSINESS DREAMS: Owning one is a life's goal for many Sep 14, 2009
Barbara Corcoran Real estate broker. Hugh Hefner Founder, Playboy Enterprises. (USA Today -- Money)
Jennifer An will win ‘short' America's Next Top Model cycle 13 Sep 10, 2009
Lady who was seating was obviously out of her league regarding handling (Seacoast New Hampshire)
Recession Forcing Retailers to Think Small Sep 10, 2009
Renee Bello, a real estate broker in Sandwich, Mass. is enjoying the bombardment of store coupons, more lower-priced products and better quality in store-label merchandise, particularly at grocery chains. (ABC News -- Wire)
Latest Sonnenschein Layoffs Cut Partners, Too Sep 10, 2009 Golf resort owner buying up acreage (322) Sep 7, 2009 Atlanta commuters stress high Sep 7, 2009 Gendis Inc. Announces Second Quarter Results Sep 5, 2009 Ernst & Young quits as Corus auditor Sep 5, 2009 Mesirow mulls selling unit to Credit Suisse: report Sep 4, 2009 CME Group Inc. Announces Date of Third-Quarter 2009 Earnings Release, Conference Call Sep 4, 2009 Surge In FHA Loans May Spur Big Losses For U.S. Taxpayers Sep 3, 2009 RealtySouth parent buys Chicago firm Sep 3, 2009 Glickmans dump Corus stock as bank on brink Sep 3, 2009 Drugmaker to buy Glenview site, build HQ Sep 3, 2009 CME August volume down 7% Sep 3, 2009 The catch? Thing of beauty Sep 2, 2009 Housing's `Poverty Effect' Fouls Up U.S. Rebound Sep 2, 2009 Zell Returns to Grave Dancing With $625 Million Distressed Securities Fund Sep 2, 2009 CME Group's Donohue to be a Panelist Wednesday at Joint SEC-CFTC Regulatory Harmonization Meeting Sep 2, 2009 BCA President Carson retiring Sep 1, 2009 Lodi Hall of Fame Sep 1, 2009 UPS sued for alleged ADA violations Aug 29, 2009 Northbrook developer faces 2 more bank suits Aug 28, 2009 FCC 'Diversity' Chief: Liberals Must Fight Limbaugh Aug 28, 2009 Boston beats White Sox on Bay's eighth-inning homer Aug 27, 2009 Boeing changing planes paint process Aug 26, 2009 As recession wears on, the mail's a little lighter Aug 26, 2009 McD's renews deal with Jones Lang Aug 25, 2009 Old Post Office auction this week 'big animal to tackle' Aug 25, 2009 Clunker of a policy? Yup. Aug 22, 2009 A dozen new indictments against Mexican cartels Aug 21, 2009 Sears posts surprise loss on store closings, costs Aug 21, 2009 Downtown home sales jump compared with first quarter Aug 18, 2009 Cohen & Steers Announces Change in Realty Majors Portfolio Index Aug 15, 2009 Real-life guitar hero: Les Paul Aug 15, 2009 Whitestone REIT Announces Second Quarter 2009 Results Aug 14, 2009 DeHaas, Cafaro among new World Business Chicago directors Aug 14, 2009 Got milk farmers? Aug 12, 2009 New-home sales show another positive sign Aug 11, 2009 Longtime Alaska businessman dies Aug 9, 2009 South Loop condo project being converted to apartments Aug 8, 2009 CME Group Inc. Declares Quarterly Dividend Aug 7, 2009 The 10-Q Detective: Vornado Watch Aug 7, 2009 Woman, 86, Faces Charges In 61st Arrest Aug 7, 2009 CenterPoint co-founder Robert Stovall dies Aug 7, 2009 Rackspace plans to open tenth data center Aug 6, 2009 Tax liens, foreclosure suit hit Art.com founder Aug 6, 2009 CME Group Announces the Launch of New European Gasoil Futures Contract Aug 6, 2009 Corus Has Negative Capital Levels After Hefty 2Q Loss Aug 4, 2009 Friendly’s debuts smaller restaurant with limited menu Aug 4, 2009 Loop office market falls on all cylinders Aug 4, 2009 Sam's Wines closing South Loop shop Aug 4, 2009 Wall Street Pay Shows `Huge Disconnect' With Most Americans, Jarrett Says Aug 1, 2009 Westin O'Hare at risk of default: report Jul 31, 2009 MetLife Posts $1.4 Bln Quarterly Net Loss Jul 31, 2009 Bachelorette After the Final Rose: Reid it and weep Jul 30, 2009 Judge grants General Growth request Jul 30, 2009 Streeterville condo conversion hit with foreclosure suit Jul 30, 2009 Clune Construction turns down buyout offer Jul 28, 2009 Why some dairy farmers aren't waiting Till the cows come home Jul 28, 2009 PrivateBancorp shares rise on surprise 2Q profit Jul 28, 2009 Hinsdale homebuilder files Chapter 7 Jul 28, 2009 Dow closes above 9,000 with 188-point rise Jul 24, 2009 UAL eyes move to Willis Tower Jul 24, 2009 Creative Loafing control rests on ruling Jul 23, 2009 For Greenland boy, Red Sox legend Rice was a life saver Jul 20, 2009 Feds may seize Corus Bankshares: report Jul 18, 2009 CenTrust strikes deal with federal regulators Jul 18, 2009
The firm eliminated most of the attorney positions in the real estate and corporate practices areas, cutting those lawyers who have remained idle because of the ongoing slowdown in banking, capital markets, real estate development, and mergers and acquisitions, the sources said. Most of the lawyers, located across the firm's offices, are expected to exit by Nov. 1. (Law.com)
Consumers cut debt by $21 billion Sep 9, 2009
The Feds measure of consumer borrowing does not include debt secured by real estate, such as mortgages or home equity loans. Even though the unemployment rate dipped in July, it jumped in August to a 26-year high of 9. (MSNBC -- Business)
Houses for sale everywhere you look and no jobs for people, so they have to move away to look for work, and nobody moving here to buy any homes, from what I hear from the real estate offices. lyn jernigan wrote on Jan 20, 2007 8:18 PM:I caddie at Bandon Dunes and know Mike Keiser, and not only is he one heck of a man he also is one heck of a business man. (Coos Bay-North Bend The World, OR)
Atlanta commuters stress high - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
31 except per share) 2009 2008 2009 2008 ---------------------------------------------------------------------------- Revenue Investment 334 380 515 974 Real estate lease rental 872 383 1,636 764 ---------------------------------------------------------------------------- 1,206 763 2,151 1,738 ---------------------------------------------------------------------------- Expenses Property and administrative expenses 754 634 1,484 1,428 Amortization of property and equipment 130 87 261 175 Interest... (CCNMatthews Press Releases)
(Crains) The auditor of teetering Chicago-based real estate lender has resigned. Ernst LLP notified the bank it was stepping down on Aug. 31, according to a Corus filing with the Securities and Exchange Commission late Friday. (Crain's Chicago Business)
Mesirow's hedge-fund unit constitutes about a third of the assets managed by the Chicago-based firm, which also has holdings in real estate, commodities and private-equity funds. The Journal reports that Credit Suisse oversees $14. (Crain's Chicago Business)
CME Group offers the widest range of benchmark products available across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, and alternative investment products such as weather and real estate. CME Group is listed on NASDAQ under the symbol "CME.". (PR Newswire)
Despite steep price cuts, selling problems plague condominiums in the nascent rebound of residential real estate. Lenders are scrutinizing condo complexes and their homeowner associations like never before, real estate agents say, making it especially hard to get a condo mortgage ... While residential real estate is showing signs of life, the private mortgage securities market remains in a coma. (Investors Business Daily)
The parent company of Birmingham s has purchased a Chicago-based real estate firm, adding 900 agents to its roster ... HomeServices now operates 21 companies in 20 states, with more than 15,000 real estate professionals ... Birmingham Real Estate. (Birmingham Business Journal, AL)
Robert Glickman, whose aggressive lending to condominium developers in overheated real estate markets around the country led the $7-billion-asset bank to the precipice, stepped down as CEO earlier this year. He already has sold the majority of his 12. (Crain's Chicago Business)
GlenStar ultimately did get financing commitments, but the interest rate and large amount of equity required by the lenders made it more cost-effective for Astellas to buy the site and own its building rather than be a tenant, says Andrew Davidson, an executive vice-president with Chicago-based MB Real Estate who is representing Astellas. The cost of capital these days is expensive, Mr. Davidson says. (Crain's Chicago Business)
CME Group exchanges offer a range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. What do you think. (Crain's Chicago Business)
After Gathright had slid into home, where Tavarez already occupied real estate, things escalated. Tavarez threw an awkward, sidearm punch that sent Gathright s helmet flying, and got the pitcher tossed from the game. (Boston Globe)
Since we cant depend on real estate as a prime wealth creator -- especially in an age of deleveraging -- Congress needs to promote tax-free savings and rebuilding home equity if it wants a meaningful economic rebound. Otherwise the poverty effect will continue to foul up the recovery. (Bloomberg -- Columnists)
Investors expect trillions of dollars in maturing debt on commercial real estate to trigger a wave of bank foreclosures and loan sales. The Zell fund is a harbinger of what is to come, said , who co-founded Crescent Real Estate Equities Co. with billionaire ... Zells sale of Equity Office Properties Trust to Blackstone Group LP for $39 billion in February 2007 marked the peak of the commercial real estate boom. (Bloomberg)
" The meeting is scheduled for 9:00 a.m. Eastern time Wednesday at the CFTC lobby-level hearing room, 1155 21st Street, NW, Washington DC. The testimony will be available also at 9:00 a.m. at . CME Group () is the world's largest and most diverse derivatives marketplace. Building on the heritage of CME, CBOT and NYMEX, CME Group serves the risk management needs of customers around the globe. As an international marketplace, CME Group brings buyers and sellers together on the CME Globex... (PR Newswire)
Boeing Commercial Airplanes President Carson retiring - Wichita Business Journal. for free extra services. (Wichita Business Journal, KS)
Other inductees this year include Robert Tan, a retired teacher who founded the Lodi Children's Chorus, for his contributions in education; William Dauer, a retired CEO of the San Francisco Chamber of Commerce who served as CEO of Lodi Memorial Hospital, for his contributions in business; John Ledbetter, owner of Vino Farms, for his contributions to agriculture; and Ivan Suess, who worked as a real estate agent for 20 years, for his contributions in community service. A business owner for 49... (Lodi News Sentinel, CA)
for free extra services. Subscribe to Atlanta Business Chronicle. (Atlanta Business Chronicle, GA)
The complaint also alleges that the venture failed to pay the 2007 real estate taxes on the property ... The 3-million-square-foot Old Main Post Office goes on the block today in one of the biggest real estate auctions in history. (Crain's Chicago Business)
It discusses the FCCs decision to allow Chicago real estate kingpin Sam Zell to buy the Chicago Tribune. Lloyd argues that liberals should follow the tactics that President Franklin Roosevelt used to fight concentration of the media in conservative hands, such as then Tribune publisher Col. Robert McCormick. (Newsmax)
Thursday August 27, 2009. Bay's homer pushes Sox past Chicago; Ellsbury breaks record. (Seacoast New Hampshire)
Boeing changing planes paint process - Puget Sound Business Journal (Seattle). for free extra services. (Puget Sound Business Journal, WA)
The Republican-American. Wednesday, August 26, 2009 4:18 AM EDT. (Republican-American)
The real estate services firm also will keep providing facility and project management at the fast-food chains Oak Brook headquarters, its audio/video production facility in Elk Grove Village and the McDonald's museum, its premier restaurant, in Des Plaines ... Jones Lang LaSalle Incorporated (Jones Lang LaSalle) provides integrated real estate and investment; Sheila PenroseChairman of the Board Colin DyerPresident, Chief Executive Officer, Director From The Lists Your resource for everything... (Crain's Chicago Business)
(Crains) One of the biggest real estate auctions in the citys history is slated for Thursday, when the U.S. Postal Service is to sell the Old Main Post Office ... Auctioneer Rick Levin says open houses and building tours of the property the largest building owned by the postal service have brought out crowds that included gawkers, real estate professionals, financiers and others ... Weve had sophisticated, very professional real estate people, says Mr. Levin,... (Crain's Chicago Business)
I got cash for my clunker, but the program which ends Monday hasn't done much to stimulate or green the economy. By John Allen Williams. (Christian Science Monitor)
Unable to submit Real Estate, Services, and Business Investements at this time. Map the Valley. (Hanford Sentinal, CA)
Real solutions for your real estate needs. Choose from the selections below. (USA Today -- Money)
Although the second-quarter results are a hopeful sign, sales were still down 35% compared to the 484 sales recorded during the second quarter of 2008, according to the Downtown Chicago Residential Benchmark Report by real estate consulting firm ... But in talking to other developers and real estate agents, Ive heard across the board that its been a good summer. (Crain's Chicago Business)
The Realty Majors Portfolio Index is a modified capitalization-weighted total return index of selected real estate equity securities. It is quoted intraday on a real-time basis by the Chicago Mercantile Exchange under the symbol RMP. The index's modified capitalization-weighted approach and qualitative screening process emphasize companies that the Cohen & Steers Index Committee believes are leading the securitization of real estate in the United States. (PR Newswire)
The ultimate 'can do' guy helped Woodstock plug in. from the August 15, 2009 edition. (Christian Science Monitor)
Strong Balance Sheet: Positioned for Opportunity * Total real estate assets, gross (per GAAP) were $191 million at June 30, 2009 and $180 million at December 31, 2008 ... Operating Portfolio Statistics * Whitestone is a vertically integrated, self managed real estate investment trust ... Three Months Ended Six Months Ended June 30, June 30, ------------------ ------------------ 2009 2008 2009 2008 -------- -------- -------- -------- FUNDS FROM OPERATIONS ("FFO") Net income attributable to... (Primezone Releases)
Debra Cafaro, CEO of Ventas Inc., a real estate investment trust focused on health care. Deborah DeHaas, Midwest regional managing partner of consulting and accounting firm Deloitte LLP.. (Crain's Chicago Business)
Unless Congress acts to ensure that dairy farmers get a fair price, many of them will go out of business. from the August 11, 2009 edition. (Christian Science Monitor)
This is significant because it really signifies that the bottom, in our opinion, has been reached, says Erik Doersching, an executive vice-president and managing partner with Tracy Cross, a Schaumburg-based real estate consulting firm. The suburbs were responsible for the increase over the first quarter, as the annualized sales rate climbed 20% from the first quarter to 3,386. (Crain's Chicago Business)
He negotiated with Shell Oil for an extensive hydrocarbon exploration program on Calista lands which resulted in substantial revenue for the corporation; he negotiated the successful selection of seven million acres of land entitlement for the regional and 57 village corporations; he established and developed Settlers Bay of Wasilla; negotiated the purchase of a block of Anchorage downtown real estate and the construction of the Sheraton Hotel; established ESCA-TECH, a scientific land management... (Anchorage Daily News)
At the end of the first quarter, South Loop developers were sitting on nearly 1,500 unsold condos, according to a report by Appraisal Research Counselors, a Chicago-based real estate consulting firm. Related story. (Crain's Chicago Business)
CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex electronic trading platform and its trading facilities in New York and Chicago. (PR Newswire)
REITs have rallied off year lows as investors discount the weakness in commercial real estate ... Vornado Realty Trust () is one of the biggest players in what seems to be one of the least appetizing corners of the business world right now commercial real estate ... Despite a disappointing earnings announcement and gloomy prospects for commercial real estate, Vornado's stock has jumped 60% since Mar. (BusinessWeek)
Real Estate Information. Sponsored Links. (KCRA 3, CA)
(Crains) Robert Bobby Stovall, a co-founder and former chairman of industrial real estate giant CenterPoint Properties, died Sunday at age 76. Mr. Stovall helped launch Oak Brook-based CenterPoint in 1993 with the merger of his development business with the U.S. arm of a publicly traded British real estate investment company ... He was a member of CenterPoints board of trustees from the time the real estate investment trust went public in 1993 through 2006, when the company was... (Crain's Chicago Business)
The Washington, D.C.-based company is a real estate investment trust ... DuPont Fabros has the unique ability to design a data center infrastructure that can increase operational efficiencies and ultimately reliability for our customers, says Randy Smith, director of real estate for Rackspace ... San Antonio Real Estate. (San Antonio Business Journal, TX)
More recently, Mr. Lederers Socrates Media launched two Web sites aimed at real estate investors, RentSlicer. com and CompleteLandlord. (Crain's Chicago Business)
CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex(R) electronic trading platform and its trading facilities in New York and Chicago. (PR Newswire)
A year ago those loans made up 83% of the company's portfolio, but losses on them have piled up as the real estate market crashed. Corus' five consecutive quarterly losses total $1. (American Banker)
The smaller Friendly s Express is a good growth vehicle for franchisees, costing half as much to build on average (about $600,000) and fitting into a wider variety of real estate options, Sullivan said. Franchisees are still facing problems obtaining financing because of the tight credit market, but Sullivan said he expects lending to loosen up in the next six months. (Boston Globe)
The East Loop had the highest vacancy rate, at 16%, while the Central Loop is faring the best, at 12%, according to a report by Chicago-based MB Real Estate Services LLC.. The scarcity of prospective deals in the market other than tenants looking for rent cuts in exchange for extensions combined with landlords that have big loans coming due in the next few years has building owners scrambling to win tenants. (Crain's Chicago Business)
(Crains) Sam's Wines ts Inc. blames the moribund real estate market for the failure of its South Loop location and will shutter the shop this weekend. The Chicago-based liquor retailer opened the store in November 2007 at Roosevelt Road and Wabash Avenue as real estate development south of downtown was peaking. (Crain's Chicago Business)
Wall Street Executive Pay Shows Huge Disconnect, Jarrett Says - Bloomberg. Updated: New York, Aug 01 04:09 London, Aug 01 09:09 Tokyo, Aug 01 17:09. (Bloomberg -- US)
Ashford, a real estate investment trust, acquired the Westin OHare for $125 million, or $238,000 a room, in November 2006, as the hotel market was nearing its peak ... The Westin OHares loan problems were first reported Wednesday by Real Estate Alert, a newsletter. (Crain's Chicago Business)
The industry as a whole holds trillions of dollars of investments, and is one of America's biggest commercial real estate investors. Excluding the losses, MetLife's operating earnings were $723 million, or 88 cents a share, compared with $887 million, or $1. (ABC News -- Wire)
Thursday July 30, 2009. Bachelorette After the Final Rose: Reid it and weep. (Seacoast New Hampshire)
General Growth Properties, Inc. (GGP) is a self-administered and self-managed real estate; John BucksbaumChairman of the Board Adam MetzChief Executive Officer, Director From The Lists Your resource for everything related to business in Chicago ... Commercial Real Estate: Largest Property Management Firms (2009) ... In a response filed Monday with the Bankruptcy Court, the real estate investment trust said lenders who objected to the request, arguing that the individual cases were simple... (Crain's Chicago Business)
5 million from Hypo Real Estate Capital Corp. and $7. 5 million from American Mortgage Acceptance Corp. to finance the purchase and his plan to convert the apartments to condos. (Crain's Chicago Business)
This year, Mr. Clune expects revenue to fall more than 30% because of the recession and the freeze on lending for commercial real estate projects. Related story. (Crain's Chicago Business)
He added that many farmers are facing a "double whammy" as they tend to be heavily invested in real estate and those values are also declining. "With falling real estate prices, the trouble with the banks not lending and the low milk prices, dairy farmers are getting hit from all sides," Caballero said. (Casa Grande Valley Newspapers, AZ)
The company provides personalized financial services primarily to entrepreneurial and middle-market companies, affluent individuals, wealthy families, professionals, entrepreneurs and real estate investors. Shares of the Chicago company were up $3. (Crain's Chicago Business)
3% from last years first quarter, according to a recent report by Schaumburg-based real estate consulting firm Tracy Cross iates Inc.. Thats slightly worse than the entire Chicago area, where sales were down 54. (Crain's Chicago Business)
A real estate group said sales of previously occupied homes rose 3. 6 percent from May to June. (Crain's Chicago Business)
A spokeswoman for Chicago-based real estate firm Jones Lang LaSalle Inc., which advises United, declined to comment. Should the negotiations collapse at Willis Tower, United could start up talks with another office building downtown, where there are 10 properties with at least 350,000 square feet available the minimum amount of space United is said to require. (Crain's Chicago Business)
If ruling unfavorable, Eason control of Creative Loafing over - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
CLEAR Monday July 20, 2009. Today's most viewed articles. (Seacoast New Hampshire)
Colony Capital LLC and real estate developer Related Cos. are among the investors that have shown interest in the bank's assets, Bloomberg reported last month. (Crain's Chicago Business)
They require the $138-million asset bank to better manage its exposure to commercial real estate loans ... Mr. Benson said the timing of the banks start-up wasnt good, given that it was trying to increase its assets rapidly and did that with commercial real estate loans just before the real estate market fell apart ... Mr. Bensons job now is to reduce the level of delinquent real estate loans. (Crain's Chicago Business)
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