Riding God's Wave Oct 27, 2009
In 1989, when Saddleback's weekly attendance figures had reached the 2,500 level, Warren, frustrated by failed real estate deals and confining zoning restrictions, decided to exercise a little political muscle. "Sir," he said to a country supervisor as he plopped down a book on his desk, "there are eighteen thousand names in this directory. They are all in your district and they all vote. Now, you have a problem. Either get us permission to start using that land or do something else because... (Slate)
In managing city’s money, Menino scores a goal Oct 26, 2009
The city, says Tyler, should be spending more on infrastructure to encourage greater real estate development. Menino likes to bemoan real estate cycles. (Boston Globe)
State trims local aid under Community Preservation Act Oct 25, 2009
The matching funds are generated from fees on real estate recording documents filed at county registries and go into a Community Preservation Act trust fund. It s gone down because more communities have gotten involved, and the amount of money that goes to the fund has gone down with the decline of the real estate markets, said Robert Bliss, a spokesman for the state Department of Revenue, which oversees the fund ... To support the legislation with additional funds, the bill would increase the... (Boston Globe)
In Salem, a Colonial Revival revived Oct 25, 2009
Listing broker Kathleen Sullivan of RE/MAX Advantage Real Estate in Beverly is holding an open house today from 1 to 3 p.m.. Copyright 2009 Globe Newspaper Company. (Boston Globe)
EMC's financials beat the Street in Q3 Thermo Fisher's Q3 net rises amid cost cutting Oct 24, 2009
Thermo Fisher ups Q3 net amid cost cutting - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
California sues State Street Corp. State Street: $625M reserve may fall short Oct 24, 2009
State Street: $625M reserve may fall short - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
Do the new rules pay off? Oct 23, 2009
It would be impossible for the White House or Congress to sit by if bailout beneficiaries like , Bank of America, AIG, or started writing huge paychecks to top executives while the real estate market remained a wreck and one of every 10 American workers was unable to find a job. But that s right now, and a limited number of companies are involved. (Boston Globe)
Meridian Interstate Bancorp, Inc., Reports Results for the Three and Nine Months Ended September 30, 2009 Oct 23, 2009
1 million, respectively, for the quarter and nine months ended September 30, 2009, due to deposit growth and a special assessment levied by the FDIC. * For the nine months ended September 30, 2009, foreclosed real estate expense increased to $493,000 from $74,000, due to higher levels of foreclosed real estate activity in 2009 ... Loan demand remained strong in 2009, with increases in all real estate loan types at September 30, 2009 compared to December 31, 2008 ... 0%, and the commercial real... (Primezone Releases)
Bank earnings depict industry of haves, have-nots Oct 22, 2009
Morgan Stanley, meanwhile, returned to profitability for the first time in a year as income from its investment banking operations offset losses in commercial real estate. Morgan Stanley said the stock and debt underwriting from its investment banking operations, and rising profits from its retail brokerage business, more than balanced out $400 million in real estate losses. (Boston Globe)
State Street's net rises despite revenue dip State Street reserve may fall short Nuns sue State Street State Street execs accept clawback clause Oct 22, 2009
State Street execs accept clawback clause - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
Seabrook's Channing Cooke makes top 20 on 'So You Think You Can Dance' Oct 22, 2009
" The judges will pair the top 20 with their partners for the first performance show airing on Tuesday.* Tuesday, Oct. 27, 8 to 10 p.m., on FOX: The top 20 will perform their first choreographed dances in their new pairs. Starting just after this episode, viewers can call and vote to keep their favorite contestants on the show. Related Stories Channing was given a lot of camera time during the Boston auditions, with behind-the-scenes crews heading to Seabrook to watch her dance, serve ice cream... (Seacoast New Hampshire)
Containers for every season Oct 22, 2009
Directory of Featured Atlanta real estate agents ... Listings of real estate events taking place in metro Atlanta. (Atlanta Journal-Constitution -- Home & Garden)
Hub’s Fed chief calls for changes to guard economy Oct 22, 2009
Some manufacturers, for example, reported improving sales, while commercial real estate firms are still experiencing declines. Meanwhile, Wage increases are very modest or zero in the region, the Fed reported. (Boston Globe)
Basement hopes to bounce on a century of bargains Oct 22, 2009
Over the past decade, the new owners tried to make over the brand with more upscale inventory, fancier stores, and prime real estate, including on Newbury Street in Boston ... Since then, Syms chief executive Marcy Syms has worked to replenish the merchandise at the 23 operating stores and met with real estate officials to search for a new site in Downtown Crossing. (Boston Globe)
Cafe OK’d as 1st step of Hancock Tower plan Oct 21, 2009
Boston officials last night approved a plan to open an 8,000-square-foot restaurant in the John Hancock Tower, part of an effort by new owner Normandy Real Estate Partners to increase public traffic and attract tenants in this sluggish office market. The restaurant will likely be a cafe-style eatery with a casual atmosphere, according to an executive familiar with the plan. (Boston Globe)
Downtown Boston market for condominiums slumps Oct 20, 2009
The news followed the weekend auction of 14 condominiums - at deep discounts - in the deluxe Bryant Back Bay complex, which led some local real estate industry officials to say high-end buyers are returning, if the price is right ... Real estate broker Kevin Ahearn said he believes the luxury downtown market is on the mend with nearly 200 sales of homes of more than $1 million this year ... Ahearn, president of the Boston-based real estate brokerage and marketing firm Otis & Ahearn, has in the... (Boston Globe)
Jobs: We must invest in our entrepreneurs Oct 20, 2009
Georgians of means seem to prefer their dollars go into safer investments, such as small banks or real estate. The current economy has shown that no investment is risk free. (Atlanta Journal-Constitution -- Opinion)
Wall Street again focuses on earnings Oct 19, 2009
Meanwhile, General Electric Co. said Friday its financial services business was weighed down by credit card and commercial real estate losses. Commercial real estate defaults are the latest wave of loans to start defaulting en masse. (MSNBC -- Business)
Cottage is secluded garden hideaway Oct 18, 2009
It s ideal for someone who wants to get away from it all, said listing broker Margo Olson of William Raveis Real Estate, who will hold an open house from 1-3 p.m. today. Copyright 2009 Globe Newspaper Company. (Boston Globe)
Boston Private retreats, market applauds Oct 18, 2009
But after Vaill recently excised Florida the real estate equivalent of a malignant tumor from his portfolio of companies, you can understand why some investors might see Boston Private Financial (Nasdaq: BPFH) as a retrenchment story. In total, Vaill, the chief executive of the Boston-based holding company, has announced the divestiture of five portfolio companies this year. (Boston Business Journal, MA)
A big drop in performance Oct 17, 2009
Tynan, who traditionally sings God Bless America during the seventh-inning stretch, ran into a real estate agent who was showing around prospective tenants at his Manhattan apartment building. When the agent joked to Tynan that they weren t Red Sox fans, Tynan responded, I don t care about that, as long as they are not Jewish. (Boston Globe -- Sports)
For online bargains, working together yields deals Oct 17, 2009
Real solutions for your real estate needs. Choose from the selections below. (USA Today -- Money)
Losses at finance unit slice GE earnings; stock tumbles Oct 17, 2009
stock fell the most since July after third-quarter profit declined 45 percent and lower real estate and consumer lending caused sales to drop more than analysts predicted ... Higher consumer finance losses and fewer real estate transactions hurt GE Capital. (Boston Globe)
Artist admits using other photo for 'Hope' poster Oct 17, 2009
Unable to submit Real Estate, Services, and Business Investements at this time. Map the Valley. (Hanford Sentinal, CA)
H1N1 vaccination clinics set to open Oct 17, 2009
INDEPENDENT-ENTERPRISE. NEWSPAPERS IN EDUCATION. (Ontario Argus Observer, OR)
D.C. still focus for international commercial real estate investors Oct 16, 2009
D.C.-area real estate players were popular at this year s International Commercial Property Exposition, finding out that their hometown is the top place overseas investors are looking to pounce on in 2010 ... All sectors from the commercial real estate industry were there, including developers and consultants, banks, financiers and investors ... Out of the 215 named participants from the U.S., 24 real estate reps, or about 11 percent, hailed from the D.C. area. (Washington Business Journal, DC)
Can Wall Street Maintain Momentum? Oct 16, 2009
NOTHING but an empty sack; empty bank accounts; empty retirement funds; 10% unemployment; thousands of foreclosed homes; a real estate market in free fall; hundreds of closed manufacturers; a transportation system in shambles; bailed out bankers, bailed out auto manufacturers who are still going broke(Chrysler and GM); and a foreign debt that generations of unborn children will be forced to pay to their masters. THANK YOU CONGRESS, MR. PRESIDENT, ad all of your predecessors - you have succeeded... (CBS News -- Early Show)
LouisBoston plans move to waterfront district Oct 16, 2009
LouisBoston, with luxury brands, a restaurant, and premier stylist Mario Russo, is a shopping destination that could help attract additional shops, according to retail analysts and real estate experts ... Real estate specialists say Louis, which had a lease that was below market rates for the pricey Back Bay, probably scored a good deal at the Fan Pier site as one of the pioneer tenants ... Retail and real estate analysts expect a high-end merchant that is looking to break into Boston, such as... (Boston Globe)
Rockies-Phillies not big draw for TBS Oct 15, 2009
TBS ratings up for division series, but Rockies-Phillies not a big draw - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
Railex adds 25 at Rotterdam warehouse Oct 15, 2009
Railex hires 25 more at Rotterdam warehouse - The Business Review (Albany). for free extra services. (Albany Business Review, NY)
Real estate loans cause banks worry Oct 15, 2009
WASHINGTON - With regulators warning that rising losses on commercial real estate loans pose risks for US banks, senators asked yesterday for greater attention to be focused on vulnerable smaller banks. The smaller, community banks are especially exposed to commercial real estate loans, which now pose the biggest challenge for many financial institutions and their overseers, Federal Deposit Insurance Corp. chairwoman Sheila Bair told lawmakers at a Senate hearing ... A year after the financial... (Boston Globe)
It really isn’t heresy - in some situations renting beats buying a house Oct 15, 2009
Real estate taxes are wild cards few brokers discuss. The most dangerous assumption: Property taxes will remain static. (Boston Globe)
Big building, big price tag Oct 15, 2009
Despite the current real estate market, local real estate specialists say the property, given its address, could be snatched up. It s a signature property, said Greg Vasil, chief executive of the Greater Boston Real Estate Board. (Boston Globe)
How much does a franchise cost? Oct 11, 2009
Depending on the type of business, start-up franchises can cost from less than $20,000 to more than $1 million, if owning or leasing real estate is required ... The average investment, excluding real estate, costs from $350,000 to $400,000. (Boston Globe)
A touch of Tuscany in Brookline Oct 11, 2009
Listing broker Sharyn Whitman of Hammond Residential GMAC Real Estate in Brookline is planning an open house today from noon to 1:30 p.m.. Copyright 2009 Globe Newspaper Company. (Boston Globe)
NBC Universal In $2M Fight Over Use Of Fonts Oct 10, 2009
" The Boston company said NBC bought only one license, which allowed the company use of the software in only one location. In its suit, Font Bureau argues NBC's alleged copying of the fonts has hurt its licensing revenue and damaged "relationships with present and prospective customers" who want exclusive rights to use different type faces. A message left with NBC requesting comment on the case was not immediately returned Friday. Copyright 2009 by . All rights reserved. This material may not be... (KCRA 3, CA)
Former Polaroid site’s fate still unclear Oct 10, 2009
The only other bidder was the real estate investment firm The Bulfinch Cos ... She thinks the site can be developed as planned despite the weak real estate market ... David Begelfer, chief executive of the commercial real estate trade association NAIOP Massachusetts, believes the land could support a major development. (Boston Globe)
In ‘Paranormal Activity,’ they don’t get it, until they do Oct 10, 2009
Victims in horror-movie hauntings suffer like homeowners who buy vermin-infested real estate. Despite obvious, terrifying physical evidence, they refuse to consult an expert - until it s too late. (Boston Globe)
Anna Maria Costa, one of newest Rotary members Oct 9, 2009
A Realtor at Pinnacle Residential Properties in Wellesley, Costa is the western suburb s only member of the FIABCI, an international real estate association Fluent in six languages, she has more than 20 years of sales and marketing experience. Costa has a master s degree in business administration from Boston University. (Wellesley Townsman, MA)
Retail sales start to recover Oct 9, 2009
Friday October 9, 2009. Experts: Boost mild as holidays loom. (Seacoast New Hampshire)
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)
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)
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)
Starbucks sues to stop Dunkin' Donuts hire Oct 8, 2009
Starbucks sues to block exec from joining rival Dunkin' Donuts - Puget Sound Business Journal (Seattle). for free extra services. (Puget Sound Business Journal, WA)
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)
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)
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)
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)
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)
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)
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)
City cant keep tech startups Oct 3, 2009
City cant keep tech startups - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)
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
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)
After 'Clunkers: Auto sales crash in Sept. Sep 26, 2009
After 'Clunkers': Auto sales crash in September - Wichita Business Journal. for free extra services. (Wichita Business Journal, KS)
The Big Platter Sep 26, 2009
The establishment itself was comfortable. But I was not happy with the service of the waitstaff. (Seacoast New Hampshire)
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)
Bailouts for smaller banks being considered Sep 26, 2009
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)
Exclusive Subscriber Content Sep 25, 2009
Print Edition - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
