At $17M, Coca- Cola site is ripe for Preston Partners Oct 20, 2009
It s been eyed by real estate companies because of its size and proximity to the nearby Dorsey MARC rail station ... Baltimore Real Estate. (Baltimore Business Journal, MD)
Office, industrial vacancy rates on rise Oct 15, 2009
While the Baltimore region s economy is faring better than much of the rest of the country, the third quarter was a challenging one for the region s real estate industry, according to a new report by ... As for industrial real estate, the report noted that vacancy rates are rising, with almost 22 ... Baltimore Real Estate. (Baltimore Business Journal, MD)
Record $6B Halloween sales projected this year Oct 14, 2009
Record $6B Halloween sales projected - Baltimore Business Journal. for free extra services. (Baltimore Business Journal, MD)
KLNB back in property management business Oct 13, 2009
Commercial Real Estate Brokerage is getting into the property management business, again ... It just rounds us back to being a full-service real estate company, Georgelakos said ... The deal is the latest foray into the property management by KLNB, best known for its leasing and sale of commercial real estate. (Baltimore Business Journal, MD)
Sunrise Senior Living to sell 21 communities for $204M Oct 10, 2009
The Company expects to record a gain on the sale of real estate of approximately $50 million upon closing of the transaction ... Baltimore Real Estate. (Baltimore Business Journal, MD)
NAACP may lease new Baltimore space if it can sell existing headquarters Oct 3, 2009
The National Association for the Advancement of Colored People is working with MacKenzie Commercial Real Estate Services LLC to find a buyer or tenant for its 43,454-square-foot building at 4805 Mount Hope Drive ... But the depressed real estate market, a lack of financing for commercial real estate deals, and high vacancy rates in the city could slow a move ... Baltimore Real Estate. (Baltimore Business Journal, MD)
Another View: Time to ditch tax credit for first-time home buyers Oct 2, 2009
Unable to submit Real Estate, Services, and Business Investements at this time. Map the Valley. (Hanford Sentinal, CA)
Report: Nearly 1M bank foreclosures in process Oct 1, 2009
While the rock-bottom sales of foreclosed properties are dragging real estate prices down, what s on the market now is the just tip of the iceberg ... Baltimore Real Estate. (Baltimore Business Journal, MD)
McMansions fade as house sizes shrink Sep 24, 2009
In the past year or so, demand has shifted away from large homes amid the collapse of the real estate market. Cash-strapped buyers want to contain mortgage and maintenance costs, including rising utility bills, after watching their investments and retirement plans plummet, according to real estate agents and economists. (Daytona Beach News Journal)
Aquarium, Dunkin' Donuts partner on jelly promotion Sep 23, 2009
National Aquarium in Baltimore, Dunkin Donuts partner on promotion - Baltimore Business Journal. for free extra services. (Baltimore Business Journal, MD)
IHS: Construction spending to keep falling Sep 23, 2009
for free extra services. Subscribe to Baltimore Business Journal. (Baltimore Business Journal, MD)
Baltimore-area 'distressed properties hit $1.8B Sep 20, 2009
8 billion in commercial real estate properties are in distress and at risk of foreclosure across Greater Baltimore ... Baltimore Real Estate. (Baltimore Business Journal, MD)
Bay-Vanguard parent company going private Sep 18, 2009
Bay-Vanguard Federal parent company going private - Baltimore Business Journal. for free extra services. (Baltimore Business Journal, MD)
Mortgage bankers profits skyrocket 635% Sep 18, 2009
MBA: Mortgage bankers profits skyrocket 635% - Baltimore Business Journal. for free extra services. (Baltimore Business Journal, MD)
SunTrust CEO wants to repay TARP Sep 16, 2009
The bank does expect further losses in residential real estate loans into 2010 as values continue to fall. Wells also said the bank s commercial real estate portfolio is performing relatively well compared to peer banks ... SunTrust, which has a commercial real estate portfolio weighted toward owner-occupied developments, warned that losses in commercial properties are likely to climb, led by retail development loan losses. (Baltimore Business Journal, MD)
Annapolis seeks public art for buildings Sep 15, 2009
Annapolis hopes public art will yield a real estate flourish - Baltimore Business Journal ... Annapolis hopes public art will yield a real estate flourish ... Baltimore Real Estate. (Baltimore Business Journal, MD)
Struever Bros. sells east-side shopping center for $1.5M Sep 15, 2009
Baltimore-based MCB Real Estate LLC, in partnership with the Hampshire Cos ... Baltimore Real Estate. (Baltimore Business Journal, MD)
Prime Retail to fight breast cancer Sep 12, 2009
a Baltimore-based real estate company that owns 21 outlet shopping centers across the country, is launching a new initiative designed to raise money for breast cancer research ... Baltimore Real Estate. (Baltimore Business Journal, MD)
MBA: Delinquency rate on the rise Sep 10, 2009
That, in turn, has led to increased stress on the loans those properties support, said Jamie Woodwell, the MBA's VP of commercial real estate research, in a news release ... Baltimore Real Estate. (Baltimore Business Journal, MD)
Developers sue Bradford Bank for $10M over Middle River project Sep 8, 2009
According to the complaint, the plaintiffs planned to resell building lots on the 42 acres east of Wampler Road and north of Bengies Road to builders within about two years after taking out the loan in July 2006, but the downturn in the real estate market kept them from selling the lots or refinancing the loan ... Baltimore Real Estate. (Baltimore Business Journal, MD)
U.S. unemployment hits 9.7% in August Sep 5, 2009
U.S. unemployment hits 9. 7% in August - Puget Sound Business Journal (Seattle). (Puget Sound Business Journal, WA)
Caruso Homes closer to exiting Chapter 11 Sep 3, 2009
Caruso filed for bankruptcy protection in June 2008, citing plunging real estate market conditions ... Baltimore Real Estate. (Baltimore Business Journal, MD)
Jos. A. Bank Clothiers posts 41% profit spike Sep 3, 2009
CEO R. Neil Black said the company s aggressive growth strategy stems from quality real estate opportunities that are beginning to open in the marketplace ... Baltimore Real Estate. (Baltimore Business Journal, MD)
Regulators Shut Down Three Failing Banks in U.S., Pushing 2009 Toll to 84 Aug 30, 2009
Regulators Shutter Three U.S. Banks, Bringing 2009 Toll to 84 - Bloomberg. Updated: New York, Aug 30 04:10 London, Aug 30 09:10 Tokyo, Aug 30 17:10. (Bloomberg -- US)
CB Richard Ellis restructures debt Aug 26, 2009
The commercial real estate giant is offering lenders the ability to swap certain existing debt for new tranches with longer dated maturities, less amortization, or both. The modifications "have greatly enhanced our financial position and helped ensure that we remain one of the industry s best capitalized service providers, even if market conditions remain weak for an extended period, CB Richard Ellis CEO Brett White said in a statement. The other moves also include swapping $243 million of its... (Baltimore Business Journal, MD)
Home Catches Fire Hours After Alarm Installed Aug 24, 2009
Real Estate Information. Sponsored Links. (KSBW 8, CA)
Beware the buyer Aug 21, 2009
As real estate sales have a lot of variables, I will say he had a well-maintained home, that looked great, and it was priced right. It had been on the market for a month when the first offer arrived. (San Jose Business Journal, CA)
Around Oconee: Stroll with a musician Aug 19, 2009
Real estate group hosts tennis meet. The Athens Area Association of Realtors is holding a tennis tournament to benefit the Georgia Firefighters Burn Foundation on Sept. 14 at Jennings Mill Country Club in Bogart. (Athens Banner-Herald)
Toll sees signs of housing recovery Aug 13, 2009
Toll Brothers sees signs of housing recovery - Baltimore Business Journal. for free extra services. (Baltimore Business Journal, MD)
Around Oconee: Lasagna and Miller Aug 12, 2009
He's also a longtime real estate broker and former appraiser. He holds a degree from the University of Georgia Business School. (Athens Banner-Herald)
Snoop Dogg attends Ravens practice, helps team end practice by breaking team huddle Aug 7, 2009
DAVID GINSBURG AP Sports Writer. 12:56 PM EDT, August 6, 2009. (FOX61, CT)
Construction spending up slightly Aug 4, 2009
The outlook for private nonresidential construction over the next year-and-a-half is grim because of overbuilding, the collapse of the securitization market, tight credit, plunging real estate prices, rising vacancy rates, and rising unemployment, noted Patrick Newport, a U.S. economist with IHS Global Insight ... Tampa Bay Real Estate. (Tampa Bay Business Journal, FL)
Earn Big Bucks as a Landlord Aug 2, 2009
Until the housing bubble filled investors' heads with the notion that real estate is a way to get rich quickly, the nation was populated by millions of investors, like Patterson, who valued properties based on the rent they could earn. With real estate prices down 50% or more in some areas, the landlord game is back in vogue. (ABC News -- Business)
Glen Burnie Bancorps 2Q earnings dip Jul 29, 2009
Glen Burnie Bancorps 2Q earnings dip - Baltimore Business Journal. for free extra services. (Baltimore Business Journal, MD)
Obama open to surtax for health care Jul 24, 2009
Obama open to surtax to pay for health care - The Business Review (Albany). for free extra services. (Albany Business Review, NY)
Senate eyes 25-employee threshold for health mandate Jul 23, 2009
Senate eyes 25-employee threshold for play or pay health mandate - The Business Review (Albany). for free extra services. (Albany Business Review, NY)
NU CEO joins Webster Bank board Jul 22, 2009
The Republican-American. Wednesday, July 22, 2009 3:15 AM EDT. (Republican-American)
First Mariner's 2Q loss widens to $2.4M Jul 22, 2009
4 million, or 37 cents a share, for the second quarter on continued softness in the real estate market ... Baltimore Real Estate. (Baltimore Business Journal, MD)
Sales Stories Jul 16, 2009
He's in the only real estate sector that showed positive 2008 growth a 5% return. Sales & Marketing Poll. (Baltimore Business Journal, MD)
DLA Pipers Baltimore office braces for job cuts Jul 10, 2009
The firm is one of a number of major law firms around the country letting lawyers and staffers go as the recession slows business in once-hot practice areas such as mergers and acquisitions, real estate and corporate finance ... Baltimore Real Estate. (Baltimore Business Journal, MD)
Scott powers Orioles past Mariners Jul 9, 2009
NEWSPAPERS IN EDUCATION. Wednesday, July 8, 2009 10:49 AM PDT. (Ontario Argus Observer, OR)
MuniMae sells low-income housing tax credit unit Jul 1, 2009
LLC, a New York-based private equity real estate firm, will pay a total of $30 ... Baltimore Real Estate. (Baltimore Business Journal, MD)
SBA loan program opens to refinancing Jun 26, 2009
Previously, small-business owners could use that program only to make new purchases of real estate or capital equipment, such as machinery ... Baltimore Real Estate. (Baltimore Business Journal, MD)
Faulty home appraisals 'snowballing,' National Association of Realtors says Jun 25, 2009
Home sellers and real estate agents now find themselves fighting a new enemy: inaccurate home value appraisals ... Washington, D.C. real estate agent Jeffrey Tanck agreed ... Baltimore Real Estate. (Baltimore Business Journal, MD)
There's no place like home Jun 21, 2009
"Real Estate Intervention" brings tough love to homeowners while "The Lazy Environmentalist" makes going green easy ... This might explain why real estate agent Mike Aubrey hasn't exactly been embraced in his quest to become the Dr. Phil of the housing bubble ... On HGTV's "Real Estate Intervention" (11 p.m. Sundays), Aubrey, who aims to save America from the collapsing home market the way Dr. Phil saves America from its collapsing marriages, serves up some straight talk about what houses are... (Salon)
Most small businesses expect '09 growth Jun 19, 2009
Survey: Most small businesses expect to grow in '09 - Baltimore Business Journal. for free extra services. (Baltimore Business Journal, MD)
Police block Stratham street, lead man away Jun 16, 2009
CLOUDY Tuesday June 16, 2009. Today's most viewed articles. (Seacoast New Hampshire)
Beltre, Mariners beat Orioles, 3-2 Jun 5, 2009
NEWSPAPERS IN EDUCATION. I ve got more confidence now. (Ontario Argus Observer, OR)
Firm rents cast-off houses to hopeful buyers May 29, 2009
Enter the lease-purchase option, which is surging in other hard-hit states such as California and Nevada, according to Jim Grissett, an adjunct professor of real estate at Emory University's Goizueta Business School ... To be sure, the arrangement is potentially a profitable one for Mr. Cabrera and his partner, real estate investor Jeffrey Britz, who say they started last July with $1 ... Mr. Cabrera, who worked as a mortgage broker during the real estate boom, knows just how difficult this has... (The Augusta Chronicle)
Bay National Corporation Reports First Quarter Results May 8, 2009
Hugh W. Mohler, Chairman and CEO, stated, "The first quarter results for 2009 when compared to the first quarter results of one year ago, reflect a significant reduction in noninterest expenses that were more than offset by the decrease in interest income due to the extremely low interest rate environment in which we are operating. We strengthened our allowance for credit losses primarily as a result of the increased economic difficulties that many businesses and households are experiencing.... (PR Newswire)
> SBA slow to adopt new rules to boost loans with stimulus funds May 5, 2009
In the 504 program, which is used to finance real estate and other fixed assets, a third-party lender provides 50 percent or more of the financing through a first-lien mortgage ... Baltimore Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Baltimore Business Journal, MD)
For the record May 1, 2009
House books that organized are uncommon, said the couple s real estate agent, Suzie Tiplitz, of Coldwell Banker in Roland Park, Md. Agents often encourage sellers to give buyers relevant house information at the time of the sale. (Racine Journal Times, WI)
Sorry, mom: Fewer gifts on special day Apr 30, 2009
Report: Fewer gifts for mom on her special day - Baltimore Business Journal. for free extra services. (Baltimore Business Journal, MD)
General Growth files Ch. 11 Apr 20, 2009
3 billion of debts in its bankruptcy petition, making it the largest real estate bankruptcy in U.S. history. Chicago-based General Growth (NYSE: GGP), whose shopping mall holdings include Tysons Galleria in Mclean and Landmark Mall in Alexandria, said in an announcement Thursday that it had sought bankruptcy protection only after being unable to refinance or extend maturing debt. (Washington Business Journal, DC)
Foreclosure sales stalled by red tape Apr 13, 2009
"Things go wrong, and it takes the bank a lot longer to deal with them," said Vivianne Couts, a Virginia real estate agent. "There are a lot more people involved, many more layers. The Realtor can't always call the bank and say, 'What's going on here?' ". (MSNBC -- Business)
Architects fight for Portlands Memorial Coliseum Apr 12, 2009
NEWSPAPERS IN EDUCATION. Plans put forward Tuesday are part of a larger proposed entertainment district in the Rose Quarter, and they call for the demolition of the Memorial Coliseum, which is next door to the Rose Garden. (Ontario Argus Observer, OR)
U.S. to buy 17,600 American-made autos Apr 11, 2009
U.S. government to buy 17,600 American-made autos - Baltimore Business Journal. for free extra services. (Baltimore Business Journal, MD)
NFL players promoting improved physical education Mar 19, 2009
Unable to submit Real Estate, Services, and Business Investements at this time. Map the Valley. (Hanford Sentinal, CA)
Cash for trash: Reuse stores make use of refuse Mar 13, 2009
The former real estate boom and popularity of the environmental movement have been good for reuse centers, said Leslie Kirkland, who runs the Baltimore nonprofit Loading Dock and also operates the Reuse Development Organization, a trade association of sorts for reuse centers. "In the past 10 years, more and more building reuse centers have been popping up," she said. (MSNBC -- Business)
GENERAL GROWTH RECEIVES MALL BIDS Mar 4, 2009
General Growth is negotiating with lenders and selling real estate to remain solvent. The company last week said it has 1. (New York Post -- Business)
Assisted living demand skyrockets Mar 3, 2009
SAN JOSE While real estate demand in almost every sector is flat, one sector of the market is off the charts ... San Jose Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (San Jose Business Journal, CA)
Lawyers, bankers wary of cramdowns Mar 3, 2009
Chapter 12 allowed basically this cramdown idea on real estate, where essentially what a debtor could do was file at the bottom of the recessionary cycle, and have the debtor s farm valued at whatever the current value was regardless of what the mortgage amount was, said Jim Burghardt, a Denver, Colo ... Stay up to date on the latest news from within the commercial real estate industry ... Baltimore Real Estate. (Baltimore Business Journal, MD)
Battle resigns as A&T chancellor Feb 25, 2009
Battle resigns as Acellor - The Business Journal of the Greater Triad Area. for free extra services. (Business Journal of the Greater Triad Area)
Free soft drinks return to US Airways Feb 24, 2009
for free extra services. Subscribe to Baltimore Business Journal. (Baltimore Business Journal, MD)
The future of green in Central Texas Feb 21, 2009
A key part of the city of Austin s strategy to become green is to benchmark Austin s commercial real estate through Energy Star, in partnership with BOMA Austin, said John Sutton, assistant vice president of TG Corporate Services and BOMA Austin chairman of the Austin Sustainability Task Force ... Stay up to date on the latest news from within the commercial real estate industry. (Austin Business Journal, TX)
