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"But he made the biggest impression and won the show by scheming his way to the top. He reveled as squabbles among his fellow contestants thinned their ranks, connived with teammates to stick together, then pitted his allies against each other.In 2006, he was convicted of tax evasion for not paying taxes on his "Survivor" winnings, as well as on $327,000 he earned as co-host of a Boston radio show and $28,000 in income from rental property. The judge tacked on extra prison time to his sentence... (Seacoast New Hampshire)
Rocky Mountain Commercial Real Estate Expo set for Nov. 10 Oct 16, 2009
Metro Denver s annual Rocky Mountain Commercial Real Estate Expo will be Nov. 10 this year at the Colorado Convention Center. This year s 15th expo, which also includes a fall forecast, is sponsored by the s real estate school and the ... Bruce Alexander, president/CEO of Vectra Bank Colorado NA, Denver Alexander is a veteran commercial real estate lender in metro Denver, and former executive director of the Denver Urban Renewal Authority. (Denver Business Journal, CO)
Bay State bankruptcies fall Oct 16, 2009
The total number of bankruptcies in the state fell 8 percent in the third quarter to 5,025, down from 5,472 in the previous quarter, according to data collected by Warren Group, a Boston company that tracks local real estate and economic data. Timothy M. Warren Jr., chief executive of Warren Group, theorized that some Massachusetts residents having financial difficulties may not be as desperate as they once were, because they are optimistic that the economy is recovering. (Boston Globe)
Trash bills to be sent soon in Holbrook Oct 16, 2009
Officials haggled over how to stagger the bills so that they are not due on the same dates as real estate tax bills and how to streamline the process ... Selectman Richard McGaughey suggested that the trash bills be sent in the same envelope as the real estate taxes to save postage. (Holbrook Sun, MA)
Watertown Town Council in 60 seconds Oct 15, 2009
According to Devaney, the money saved from reducing the water rate would be shifted to real estate taxes, which would raise the real estate taxes for every homeowner. If it is detrimental to only just one of our homeowners, then I could not recommend adopting this law, Devaney said. (Watertown TAB & Press, MA)
Judge upholds ruling on sales of foreclosed properties Oct 15, 2009
The real estate situation in Massachusetts is on its knees and this does not help the cause at all, O Riordan said. Copyright 2009 Globe Newspaper Company. (Boston Globe)
Housing authority wins grant Oct 15, 2009
The collapse of the real estate market knocked private investors from the picture and put the project, temporarily, on hold ... The project is being built under the controversial 40B real estate law that allows developers to bypass certain local regulations. (Chelmsford Independent, MA)
Town has enough open land Oct 15, 2009
Not many from the latest real estate sales. And while you have that business hat on imagine that we could save that $2. (Ipswich Chronicle, MA)
Investors stuck in Big Dig bonds Oct 14, 2009
Davenport Realty, a resort and real estate firm on Cape Cod, has about $1 million trapped in auction-rate securities, one-third in Big Dig bonds. The money is sorely needed for working capital, executives of the firm said, especially after a slow summer. (Boston Globe)
For rent: Solar power Oct 14, 2009
SunRun, which leases solar-power panels to homeowners, enters Colorado market - Denver Business Journal. for free extra services. (Denver Business Journal, CO)
Starent deal cashes out local investors to the tune of $1.1B Oct 14, 2009
Starent deal cashes out local investors to the tune of $1. 1B - Boston Business Journal. (Boston Business Journal, MA)
Go&Do: 'Submit!' returns to the Museums of Old York Oct 14, 2009
" returns to York, Maine for three performances during Harvestfest weekend: Friday, Oct. 16 at 7 p.m., and Sunday, Oct. 18 at 11 a.m. or 1 p.m. The shows are in the new visitor center at the Museums of Old York on the corner of York Street and Lindsay Road.On a cold November morning in 1652, two powerful men came face to face in Nicholas Davis's Tavern in Gorgeana or what we now know as York Harbor. In one hour's time, the formidable Simon Bradstreet of Massachusetts Bay Colony and Edward... (Seacoast New Hampshire)
Starent deal cashes out local investors Oct 14, 2009
1B - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
Patriots Tom Brady is selling penthouse for $10.9 million Oct 14, 2009
Tracy Campion of Campion and Company Fine Homes Real Estate is the listing broker. She declined to comment. (Allston Brighton TAB, MA)
Obama flip-flops on insurance mandate Oct 13, 2009
A Walnut Creek real estate agent has been convicted of charges that she lured a Peruvian nanny to the East Bay with promises of a better life but instead kept her as an indentured servant for nearly two years. Mabelle. (San Francisco Chronicle -- Opinion)
Rick Holmes: Building a better Community Preservation Act Oct 13, 2009
Money raised locally is matched by the state, drawing on a special fund replenished by a $20 fee on real estate transactions ... The CPA Trust Fund benefited from an unexpected development: The home refinancing rush in the first years of this decade resulted in more real estate registry fees than anticipated ... With the real estate bust, that revenue stream slowed to a trickle. (Wakefield Daily Item, MA)
Got clutter?: Organization requires maintenance plan Oct 13, 2009
Patty McPherson is the owner of Orderly Manor in Plymouth, and a member of the National Association of Professional Organizers, the American Society of Home Stagers and Redesigners and the Real Estate Staging Association. She can be reached at 774-269-6519 or by e-mail at. (Kingston Mariner, MA)
Topsfield gas station for sale, with slight catch Oct 13, 2009
A familiar Route 97 landmark is back on the real estate market, raising hope Topsfield may collect some back taxes. The asking price for the Shell gas station and garage at 158 Haverhill Road is $695,000, a significant drop from the original asking price of $975,000. (Boxford Tri Town Transcript, MA)
Kiosks, scanners saving time for shoppers Oct 11, 2009
The Republican-American. Sunday, October 11, 2009 1:17 AM EDT. (Republican-American)
Buying into a franchise can take uncertainty out of getting started Oct 11, 2009 Erickson Retirement stops work on all housing projects Oct 10, 2009 Kevin Smith succeeds Dale Lodge as President and CEO of Winchester Hospital Oct 9, 2009 Letter: Bills shouldnt threaten Oct 9, 2009 Town awaiting approval for liquor license Oct 9, 2009 Oniontown notes Oct 9, 2009 One of two suspects in art theft might be a victim, officials say Oct 9, 2009 Foreclosure sales in limbo over title issue Oct 9, 2009 Colorado retail roundup Oct 9, 2009 Suffolk buys William A. Berry & Son Oct 9, 2009 Altus receives Nasdaq delisting notices Altus Pharma winding down Altus to cut 107, end Trizytek efforts Oct 9, 2009 Danvers ZBA nixes condos, marina Oct 9, 2009 getNumberAll('1202434381838') Oct 8, 2009 State braces for more cuts as new taxes can't stop revenue dive Oct 8, 2009 Editorial: The housing crisis persists Oct 7, 2009 State to pay $34M to save energy Oct 7, 2009 Guest commentary: Politicians behaving badly Oct 7, 2009 Brandel: We must be a voice for all of Newton Oct 7, 2009 LETTER: Checking in on real estate, Red Sox Oct 6, 2009 Salvation Army to move headquarters to Canton Oct 6, 2009 Bay State’s immigrant influx grows Oct 5, 2009 Piecing together the puzzling array of state property Oct 4, 2009 Petition seeks to save Hingham commuter boats Oct 4, 2009 US Woman's Message In Bottle Turns Up In France Oct 3, 2009 Taking the game far afield Oct 3, 2009 N. Highlands Students Get Pics Of Earth Oct 3, 2009 Cook Estate breaks ground Oct 3, 2009 Column: What MCAS scores say about Wellesley's schools Oct 3, 2009 185 Franklin may get addition Verizon sells HQ building Oct 3, 2009 Beacon Power Corp. picks Glenville as second NY site Oct 3, 2009 Brociner: More than meets eye in Somerville School Committee race Oct 2, 2009 Merchants group forms to promote local businesses, help community Oct 2, 2009 Credit market hits FHLB of Boston FHLB stung by Alt-A portfolio, Q2 loss FHLB administrative chief, CIO to retire FHLB taps Strata Bank chief as new CEO Oct 2, 2009 Island group agrees to buy Mashnee tracts eyed by town Oct 2, 2009 New date for Octoberfest Oct 2, 2009 Iron Mountain director uses stock to his advantage Raytheon's Swanson chooses cash option Bruker cashes out Laukiens Oct 2, 2009 Canton fire log: Sept. 22 - 28 Oct 1, 2009 Dems Debate Shielding Banks From State Laws Oct 1, 2009 UNH picked fourth in Hockey East Oct 1, 2009 Backward Glances Oct 1, 2009 • Merrill, Columbia combo spells savings, challenges Oct 1, 2009 Chelmsford Board of Selectmen Sept. 28 Oct 1, 2009 Cambridge sales slowed in August Oct 1, 2009 Marlborough opens new police substation Sep 30, 2009 Wright-Locke Farm payment delayed again Sep 30, 2009 Holliston Group told CPA can't be used for park maintenance, rehabilitation Sep 26, 2009 Potato farmer holy grail: McDonalds french fries Sep 26, 2009 Former DNC head Kirk tapped to replace Kennedy Sep 25, 2009 Divorce issues seminar offered Sep 25, 2009 Studio project secures big loan Sep 25, 2009 History of Arlington Street Names: 'Dunster Gardens' Sep 25, 2009 Geithner supports consumer protection-lite Sep 24, 2009 Letter: Why doesn't Wellesley have dual tax rate? Sep 24, 2009 Bank offers to accept Holbrook tax bill payments Sep 24, 2009 Financial overhaul islosing momentum Sep 23, 2009 UH, Rice programs honored Sep 23, 2009 Foreclosures in Mass. drop but petitions soar Sep 23, 2009 BREAKING NEWS: The Georgetown Club closes its doors Sep 23, 2009 Newton Notables Sep 23, 2009 Postal worker admits stealing 30,000 DVDs Sep 23, 2009 Fed Rejects Geithner Request for Public Study of its Governance, Structure Sep 21, 2009 A foot in the door Sep 20, 2009 Business Buzz: Sept. 17 Sep 20, 2009 Designers suggest ways to spruce up stalled building projects around Boston Sep 20, 2009 Stacy Kniffen Paquet to Speak at 2009 Risk Management and Finance Summit for Nonprofits Sep 19, 2009
Gina Monastiero already runs her own real estate development business and Gregg Monastiero works on mergers and acquisitions in high technology, so they were looking for an investment that would give them a good return. Even with their management and financial acumen, they re still relying on Sonic s support to eventually expand beyond Peabody. (Boston Globe)
MBTA pays $1.875 for land Oct 11, 2009
A remaining 5-acre parcel, also owned by the Davenports was sold to Connell Cohasset Greenbush LLC, an affiliate of New Jersey-based Connell Real Estate & Development Co. for the development of a mixed-use transit-oriented district complex ... Flynn said there were complicated valuation issues including the impact of the MBTA s commuter rail on the property s value, the downturn of the real estate market since the land taking in June 2004, and environmental concerns. (Cohasset Mariner, MA)
The company s financial troubles have forced it to separate its real estate business from the management of its properties so its 23,000 residents are protected from its money problems, Chairman John Erickson told residents in a letter dated Sept. 28 ... Baltimore Real Estate. (Baltimore Business Journal, MD)
Robby Robertson is vice president of facilities and real estate services ... He has executive oversight of construction, facilities and real estate, telecommunications, security and transportation services. (Winchester Star, MA, MA)
I got a bill yesterday demanding the balance of my water/sewer bill and threatening a lien on my real estate account, if not paid by the due date. The sum total owed is $61. (Somerville Journal, MA)
Blakely, the president of commercial real estate brokerage TRB & Associates, said opening the business would be a dream come true for him and his wife Jennifer. We are very excited about opening a wine and cheese shop, he said. (Lincoln Journal, MA)
Nov. 17: Finding the right home Determining Your Wants and Needs, Real Estate Disclosures, Where and How to Look, Comparison Shopping, Deciding What to Offer, Submitting the Offer, Negotiating the Final Purchase Price, Terms of the Contract. Nov. 24: Home Inspection process Using a Licensed Inspector, Special Issues, Purpose of the Inspection Report, Maintaining Your Home, Maintenance Costs and Insurance Coverage, Home Equity/Line of Credit, Your Home as a Marketable Asset, Increasing Your... (Danvers Herald, MA)
75 million in early August, according to real estate records, then moved to California ... A Boston real estate agent, who arranged the sale of Kennaugh s home and spoke on the condition that he not be named, said the walls of the residence were covered with artwork, but he did not know if they were authentic. (Boston Globe)
Gary Klein, a consumer law attorney who filed a friend of the court brief in the case, said the real estate system placed expedience and convenience before the law ... Indeed, since March, the number of foreclosure deeds has slowed, according to Warren Group, a Boston company that provides real estate data ... The Real Estate Bar Association for Massachusetts, a statewide group with 3,000 members, joined the plaintiff s attorney to ask the court to reconsider its ruling. (Boston Globe)
Retail roundup: Major chains with Colorado stores report September sales - Denver Business Journal. for free extra services. (Denver Business Journal, CO)
Suffolk buys William A. Berry Boston Business Journal. for free extra services. (Boston Business Journal, MA)
Altus to cut 107, end Trizytek efforts - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
The ZBA and Harbormaster Rich Maloney give the ANR the full force of law, and saw the parcels as one piece of real estate. Maloney argued, and the ZBA agreed, the Phillipses could not return to operating the non-conforming marina they had had at 58 River Street since that would constitute an extension of a non-conforming use in a residential area. (Danvers Herald, MA)
A group of family members and their real estate trusts are suing Boston-based Mintz, Levin, Cohn, Ferris, Glovsky and Popeo and a former partner at the firm, Steven Rosenthal, for allegedly misusing his position to enrich himself and a friend ... The mother, Helen Luongo, appointed Rosenthal as a trustee of three familiy's commercial real estate trusts when the father, Augustino Luongo, died in 1994 ... According to the complaint, Rosenthal appointed a friend, Neil Cooper, and his company,... (Law.com)
The Lowell Democrat said a commercial real estate bust that could materialize, inflation driven by national debt, and the likely disappearance of billions in federal stimulus aid were factors outside state government s control that could frustrate an economic rebound. We re not creating any jobs, Panagiotakos said. (Ipswich Chronicle, MA)
"We weren't whacked as badly as the nation, and it looks like we're coming out of it handily," Ashland real estate broker John Ellsworth told the Daily News. That's the good news. (Wakefield Observer, MA)
for free extra services. Subscribe to Pacific Business News. (Pacific Business News, HI)
According to a certificate recorded with the deed to Ms. Decker, First Camreal s officers and directors are Raymond Bandar, Muireann Glenmullen and convicted real estate felon and former anti-tenant City Councilor William H. ... What about the gift to a sitting city councilor, by a reasonably large landlord/developer in the city (to whom she was not related a the time) of real estate worth somewhere around a half a million dollars. (Cambridge Chronicle, MA)
During this economic downturn, our real estate values did not plummet, which kept our property tax revenue intact. Despite cuts to local aid, we managed to not slash personnel and services. (Newton Tab, MA)
Mon Oct 05, 2009, 01:57 PM EDT. My midyear Marblehead property review ( Marblehead Reporter, July 29, 2009) concluded with this prediction: The Red Sox to sweep the World Series with David Ortiz MVP, and those smart people who bought in the first half of 2009 will be raising a pennant to celebrate their well-timed purchase. (Marblehead Reporter, MA)
Salah & Pecci Construction Co. of Canton developed the 51,000-square-foot building on speculation, said James Elcock, an executive vice president for commercial real estate brokerage Colliers Meredith & Grew. The three-story building near Interstate 95 had been for lease for several months when the Salvation Army approached the owners with the offer to buy it, Elcock said. (Canton Journal, MA)
Immigrants also may have spread out to the suburbs, said Pablo Maia, owner of a real estate company that has operated for 10 years in Framingham and Marlborough. I m here every day, and I can see the guys are still here, Maia said. (Boston Globe)
Peter O Connor might have the toughest real estate job in Boston ... It involves dealing with a lot of real estate owned by an array of agencies that don t get along ... I ve put together real estate deals like that. (Boston Globe)
She wrote to Hingham Selectman, Laura Burns: The proximity of the condo to the commuter boat was one of the most important considerations I used when buying in Hingham at the real estate high in the summer of 2005. She had rented apartments earlier in Cohasset and Scituate, and began riding the ferry to work in 1990, when she first moved to the South Shore. (Hingham Journal, MA)
Real Estate Information. Sponsored Links. (KSBW 8, CA)
The league has been planning the trip since the spring, said Stu Gray, a 60-something real estate lawyer from Chestnut Hill who is also the league s commissioner. This is serious ball for us, said Gray. (Boston Globe)
Real Estate Information. Sections Station Services Spotlights Partners. (KCRA 3, CA)
Cohasset-based real estate company Dean and Hamilton has the exclusive listing of the Cook Estate. Abbott Real Estate and Development received special permit approval from the Planning Board in fall 2007, won an appeal and now at long last broken ground on the project ... Abbott Real Estate and Development purchased the 19-acre property located off Sohier Street in 2006. (Cohasset Mariner, MA)
As the University of Massachusetts Donahue Institute stated in a 2001 review of the literature: Sorting of MCAS results would tell more about local real estate values or the percentage of luxury car ownership in a community than it would about school quality. Put another way, schools with electron microscopes, eno boards, clicker technology, and highly degreed teachers are unlikely to produce higher MCAS scores than schools that don t have these things (that is, when you account for family... (Wellesley Townsman, MA)
Verizon has sold off various pieces of its real estate portfolio and consolidated workers into leased property across the state. The building at 185 Franklin St. was constructed in 1947 and was the former headquarters of New England Telephone. (Boston Business Journal, MA)
Energy-storage plant developer picks Glenville as second NY site - The Business Review (Albany). for free extra services. (Albany Business Review, NY)
He also works for ERA Real Estate, another company owned by his family. And, for the past two years, he has been the Ward 4 representative on the Somerville School Committee. (Somerville Journal, MA)
The 62 founding members of the North Andover Merchants Association are: A Unique Miracle; Academy Auto School; Amici s Pizzeria; Beabe Gallery; Bead Happy; Boston Chowda Co.; Business Law Office of Daniel J. Ryan P.C.; Butcher Boy; Cakes By Design Edible Art; Connolly Real Estate; Eagle East Aviation; East Mill at Davis & Furber; Eyes on Main Ltd.; First & Main Marketplace; Fitness Together; Flourishes; Good Dog Aquatic Fitness; GroomTown Pet Boutique; Hometown Sports; I & G Tailoring; J & T... (North Andover Citizen, MA)
FHLB to name Strata Bank chief as new CEO - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
Selectmen seemed to be caught off guard by the real estate developments and O Connor s letter on Tuesday ... Mashnee Island Inc. also owns the real estate that now accommodates The Quahog Republic grill. (Upper Cape Codder, MA)
Real Estate and McSweeney & Ricci Insurance. Event-day tickets prices are $10 for adults and children. (Marshfield Mariner, MA)
Insider report: Bruker cashes out Laukiens - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
8:13 a.m.- Residential alarm sounded on North East Real Estate Advisors on Will Drive ... 8:36 p.m.- The fire department investigated a residential alarm sounding at North East Real Estate Advisors on Will Drive. (Canton Journal, MA)
Last week, Frank said he wanted to exempt certain businesses from CFPA oversight, including merchants, real estate agents, auto dealers, telecom companies and lawyers. At the same time, he dropped Obama's proposed requirement that every bank offer customers "plain vanilla" _ low-risk, standardized _ products such as 30-year fixed-rate mortgages approved by the government. (Newsmax)
Thursday October 1, 2009. Today's most viewed articles. (Seacoast New Hampshire)
Co. of Providence, R.I., purchased the eastern operation of the Houston Fearless Corp. at 50 Broad St., former Hudson Worsted Co. mill Robert F. Waugh was appointed to the Hudson Finance Board, succeeding John Hussey Town Taxi service was offering special rates for school children Funeral services were held for Michael Adamanis, 67, native of Lithuania and retired real estate broker Edward McDonald joined the U.S. Air Force and was stationed at Lackland Air Force Base, Texas Hudson resident... (Hudson Sun, MA)
Merrill, Columbia combo spells savings, challenges - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
The shortfall was due to a $940,959 delinquency in payment of real estate taxes, a $1. 2 million shortfall in state aid and a $797,194 surplus in local receipts. (Chelmsford Independent, MA)
Just 12 single-family homes were sold in Cambridge during August, compared to 14 homes a year ago, according to The Warren Group, which has been tracking real estate transactions in Massachusetts since 1872. Condominium sales fell from 150 a year ago to 114, according to the Warren Group s report. (Cambridge Chronicle, MA)
White Real Estate, which owns the building, has donated the first-floor space to the city. "We're here today because of the generosity of the White family," Mayor Nancy Stevens said outside the facility yesterday. (Marlborough Enterprise, MA)
Abbott Real Estate Development LLC ... Selectmen have again approved a request from Abbott Real Estate Development LLC to delay the third non-refundable $800,000 deposit to the town on the $12. (Winchester Star, MA, MA)
The bill would also increase a fee on real estate transactions, enabling the state to provide a 75 percent match to town funds, and giving cities different options to raise Community Preservation Act funds. The state had previously matched town funds at 100 percent, but Tyler said that number dropped to about 33 percent because of the shaky housing market. (Holliston Tab, MA)
INDEPENDENT-ENTERPRISE. NEWSPAPERS IN EDUCATION. (Ontario Argus Observer, OR)
"Kirk, a Kennedy family friend, served on Edward Kennedy's staff for eight years and is chairman of the JFK Library Foundation. Kennedy's widow, Vicki Kennedy, and son Edward Kennedy Jr. had urged Patrick to pick Kirk and attended the announcement at the Massachusetts Statehouse. "He (Sen. Kennedy) often said that representing the people of Massachusetts in the Senate of the United States was the highest honor that he could possible imagine, and it is certainly nothing that I imagined, but it... (Seacoast New Hampshire)
Learn about mediation as an alternative to costly divorce litigation and post-divorce financial solutions given the challenging real estate and financial markets. Appreciate the distinct roles of an attorney, mediator and financial planner during the divorce process. (Hingham Journal, MA)
This is a seriously large deal in a terrible economy, said Plymouth Rock s real estate partner, Bill Wynne , who praised the company officials who came up with the studio plan. Plymouth Rock has spent about $11 million on engineering studies and plans that were needed to secure local permits, as well as on material required for its 1,000-page environmental impact study. (Boston Globe)
In 1912, several parcels of the farm were acquired by real estate magnate J. W. Wilbur, who created a subdivision fronting on Forest Street, called Dunster Gardens. The new streets laid out in the Arlington section of the development were Dunster Lane; Henry, James, Thomas, Philemon, Wright and Locke streets; and Steep Rock Road. (Arlington Advocate, MA)
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. Treasury Secretary Timothy Geithner told Congress on Wednesday that he supports a plan by Democratic Rep. (MSNBC -- Business)
As a concerned taxpayer and parent of a third-grader at Schofield Elementary School, I continue to question why the town of Wellesley does not institute a differential tax rate for residential and commercial real estate ... Presently, Lexington, Needham, Newton, Sudbury, Brookline, Waltham and other towns throughout Massachusetts tax commercial/industrial classes of real estate double the rate of private residents ... There is not enough commercial real estate to provide a substantial value in... (Wellesley Townsman, MA)
Residents can now pay their real estate tax bills at Randolph Savings Bank s Holbrook branch. Bank representatives Jackie Maffeo and Liz Turner told the board of selectmen on Sept. 22 that the 50 South Franklin St. branch would be accepting property and real estate tax, water and sewer, and trash bill payments. (Holbrook Sun, MA)
In addition, Franks bill would specifically exempt various industries from CFPA oversight, including retailers, real estate brokers and agents, accountants, lawyers, auto dealers and communications providers like cable companies. Frank, chairman of the House Financial Services Committee, said his panel was making changes to the administrations proposal to address legitimate concerns of the community banks who feel correctly that theyve been unfairly blamed for excesses elsewhere. (MSNBC -- Business)
UH, Rice entrepreneurship programs honored - Houston Business Journal. for free extra services. (Houston Business Journal, TX)
Foreclosures in Massachusetts fell sharply in August even as lenders launched more foreclosure proceedings against delinquent homeowners, according to a Boston firm that tracks local real estate activity. Foreclosures declined nearly 35 percent from a year earlier, Warren Group reported, but initial proceedings, known as foreclosure petitions, soared by more than 150 percent from August 2008. (Boston Globe)
The golf course and country club, Georgetown s priciest piece of real estate, has suffered for years with legal and financial instability. In 1993 John Enos was credited with rescuing the club from bankruptcy. (Georgetown Record, MA)
Sean O. Coffey: partner, member of Executive Committee, and member of the Environmental and Real Estate groups ... David P. Rosenblatt: managing partner, member of Executive Committee, chairman of the Environmental Group, member of the Real Estate Group. (Newton Tab, MA)
Demonstrating once again that making predictions about real estate is inadvisable, latest figures. The Frankfurt Auto Show showcases the newest in high concept cars from makers like Mercedes, Porsche and Audi, and runs through September 27th. (San Francisco Chronicle -- Weird News)
The Fed is currently examining the vulnerability of banks with assets under $100 billion to falling commercial real estate values. Congressional leaders have balked at the notion of giving the Fed more power and are leaning toward vesting authority over capital, liquidity and risk-management practices of big banks in a council of regulators. (Bloomberg -- US)
Single-family homes on the Cape the North Shore are selling for as low as $150,000, real estate agents said ... However, real estate agent Joe Wolvek said that because there is less competition, buyers usually have more time to make a decision. (Boston Globe)
McDonough most recently served as principal of Magnolia Realty Capital, LLC where she provided advisory services to owners of real estate assets in the areas of real estate investment strategy and asset dispositions. ARA offered a perfect combination of a private entrepreneurial company, with a strong local platform and national reach, said McDonough. (Burlington Union, MA)
To financially penalize developers trying to hold onto their projects is ludicrous at a time like this, said David Begelfer, chief executive of NAIOP Massachusetts, a commercial real estate trade group. We have a unique circumstance in the financial markets. (Boston Globe)
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