Biotrove agrees to sell division to Life Technologies, spins off remaining unit Nov 11, 2009
for free extra services. Boston Business Journal. (Boston Business Journal, MA)
Biotrove agrees to buyout, spins off unit Nov 11, 2009
Biotrove agrees to sell division to Life Technologies, spins off remaining unit - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
Feds Seize Bank Stock, Luxury Cars Owned by Ousted Law Firm Chairman Nov 10, 2009
Investigators are probing the real estate transactions as part of the broader probe. Gibraltar officials said Monday that they have instructed American Stock Transfer & Trust to place a hold on the book entry of the GPBT shares. (Law.com)
Physicians' academy honors two KUMS grads Nov 10, 2009
Physicians academy honors two KU Med School grads - Wichita Business Journal. for free extra services. (Wichita Business Journal, KS)
Cahill’s use of lawyer in campaign raises questions Nov 10, 2009
Last month, Cahill paid $20,000 to Robert L. Allen Jr., who is primarily a real estate and zoning lawyer, for legal services and research services, according to the treasurer s most recent campaign finance filing with the state. His campaign says it was the first of what will probably be a number of such expenditures. (Boston Globe)
Banks expected to tighten credit in response to law Nov 10, 2009
Banks, in another special question, said they were extending commercial real estate loans more often than refinancing them ... Commercial real estate loans dropped to $1. (Boston Globe)
TJX racks up strong October sales Nov 6, 2009
for free extra services. Thursday, November 5, 2009, 3:16pm EST. (Triad Business Journal, NC)
Feds Implicate Troutman Sanders Real Estate Chair in $50 Million Kickback Scheme Nov 5, 2009
A banner week for lawyers behaving badly got even more interesting on Tuesday when real estate practice chair Leonard Grunstein was named in a complaint filed by federal prosecutors in Boston. The complaint alleges that Grunstein, wealthy real estate investor Rubin Schron and investment banker Murray Forman from Covington, Ky ... Because a large part of the value of any nursing home is the real estate it occupies, say sources familiar with the case, Schron essentially spun off the land inhabited... (Law.com)
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com - Feds Implicate Troutman Sanders Real Estate Chair in $50 Million Kickback Scheme ... Feds Implicate Troutman Sanders Real Estate Chair in $50 Million Kickback Scheme ... Feds Implicate Troutman Sanders Real Estate Chair in $50 Million Kickback Scheme. (Law.com)
Johnson & Johnson cutting 7,000 jobs Nov 4, 2009
Johnson on cutting 7,000 jobs - The Business Journal of the Greater Triad Area. for free extra services. (Triad Business Journal, NC)
Police: NC father killed wife, 2 children, self Nov 4, 2009
FAYETTEVILLE, N.C. - North Carolina police say a real estate developer known as an active member of his church shot and killed his wife and two teen children and then committed suicide in their Fayetteville home. Authorities did not hint at a motive into the slayings by William Maxwell in an upscale neighborhood of the city Monday night. (Boston Globe)
Buffett agrees to pay $44B in RR deal Nov 4, 2009
Buffett agrees to buy Burlington Northern for $44B, his largest deal on record - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
$50,000 a year more common for college Nov 3, 2009
for free extra services. Monday, November 2, 2009, 10:42am EST. (Triad Business Journal, NC)
Interest rate debate brews ahead of Fed meeting Nov 3, 2009
Rising unemployment, cautious consumers, tight credit, and troubles in the commercial real estate market are among the forces expected to weigh on the recovery going forward. Against that backdrop, most economists think the Fed will keep the target range for its bank lending rate at zero to 0. (Boston Globe)
Exclusive Subscriber Content Oct 31, 2009
Real Estate Quarterly. Real Estate Quarterly ... Real Estate Quarterly. (Boston Business Journal, MA)
Executive Profile: P. Steven Ainsley Local dailies see circulation plummet Oct 30, 2009
Boston Globe and Boston Herald see circulation plummet - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
Boston Properties lower on forecast Oct 29, 2009
Shares of , the biggest US office real estate investment trust, fell after the company forecast fourth-quarter earnings will be below analysts estimates. The firm projected funds from operations of $4 to $4. (Boston Globe)
Brookline real estate mogul buys Dexter Park Oct 29, 2009
The Dexter Park Apartments in North Brookline. By John Hilliard / Staff writer Wicked Local Brookline Posted Oct 28, 2009 @ 03:45 PM. (Brookline TAB, MA)
Handyman on call: Tape helps keep plaster in place when you hang pictures on old walls Oct 29, 2009
Globe Handyman on Call also appears in the Sunday Real Estate section. He s available 1-6 p.m. Tuesdays to answer questions on house repair. (Boston Globe)
Brookline apartment complex sold Oct 29, 2009
Hamilton Co., a Boston real estate company, said it has purchased Dexter Park, a Brookline apartment complex, for $129. 5 million. (Boston Globe)
Boston Redevelopment Authority to buy foreclosed houses from Bank of America Oct 29, 2009
There are approximately 1,550 units of housing in 875 Real Estate Owned (REO) homes in Boston, with most of them being in East Boston, Dorchester, Hyde Park, Mattapan, and Roxbury, according to the city. About 1,340 of these units were renter-occupied at the time of foreclosure. (West Roxbury Transcript, MA)
Will REITs Feast on Commercial Real Estate's Victims? Oct 28, 2009
Will REITs Feast on Commercial Real Estate's Victims ... Will REITs Feast on Commercial Real Estate's Victims ... The commercial real estate market seems headed for trouble, the next potential victim of the speculative frenzy that has already devastated the residential housing market. (Time.com)
Starbucks sues to block exec's move to Dunkin' Oct 28, 2009
Starbucks sues to block exec from joining rival Dunkin' Donuts - Boston Business Journal. for free extra services. (Boston Business Journal, MA)
Women CEOs lag in compensation study Oct 27, 2009
for free extra services. Subscribe to Puget Sound Business Journal. (Puget Sound Business Journal, WA)
Haggis is out Oct 27, 2009
Trump ties the knot Ivanka Trump has wed the son of another major real estate family. The daughter of Donald and Ivana Trump married Jared Kushner Sunday at Trump National Golf Club in Bedminster, N.J. Trump, 27, is cohost of Celebrity Apprentice, a vice president at her father s real estate company, and has a jewelry company ... Kushner, 28, is publisher of the New York Observer and an executive at the Kushner Companies, which owns and manages commercial real estate. (Boston Globe)
Don't begrudge older Americans their $250 payment Oct 27, 2009
As far as cost-of-living expenses decreasing, I have yet to see my real estate tax bill decrease (if anything, many people are paying more regardless of age). As for all of the struggles younger families are going through, we have already been there. (Boston Globe -- Editorial)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
H1N1 vaccination clinics set to open Oct 17, 2009
INDEPENDENT-ENTERPRISE. NEWSPAPERS IN EDUCATION. (Ontario Argus Observer, OR)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
Retail sales start to recover Oct 9, 2009
Friday October 9, 2009. Experts: Boost mild as holidays loom. (Seacoast New Hampshire)
