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    News and Articles on Real Estate

    Archives: Real Estate

    Campus plan reshapes Village  Nov 18, 2008
    The tenants in the mix are expected to have some tie to the 350-acre N.C. Research Campus, which is rising on the site of former textile manufacturer Pillowtex Corp. The Village is part of the extensive Kannapolis real estate holdings of David Murdock, the visionary behind the research campus ... Charlotte Real Estate. (Charlotte Business Journal, NC)

    CanWest's debt challenge  Nov 14, 2008
    com: CanWest's debt ($3,715,057,000) challenge. CanWest's debt ($3,715,057,000) challenge. (Globe and Mail)

    Fewer companies willing to pay for green  Nov 13, 2008
    Despite the fact that corporate real estate executives support the idea of energy efficient and sustainable buildings, only 42 percent of those surveyed said they were willing to pay a premium to lease green space ... In 2007, 77 percent of real estate executives surveyed said they were willing to pay a premium for green space ... Some 69 percent of the more than 400 commercial real estate executives who were surveyed said sustainability is a critical business issue for their real estate... (Wichita Business Journal, KS)

    Dramatic End For Tony Boss  Nov 12, 2008
    With McCann out of the way, Sherman and St. Martin will be able to exert more control over the Tony telecast, which is a very valuable piece of real estate on the Broadway Monopoly board. A bespectacled ex-flack from the Goodspeed Opera House, Sherman may look harmless but "burns with ambition," says a source. (New York Post -- Entertainment)

    Making a fast start  Nov 12, 2008
    Patty Hendrix and Valerie Mitchener expected nothing short of prosperity when they split from a well-established real estate firm to start their own venture. Two years later, the women operate one of the fastest-growing real estate agencies in Charlotte ... Business: Sells high-end residential real estate. (Charlotte Business Journal, NC)

    This Week in Print  Nov 8, 2008
    Print Edition - Charlotte Business Journal. for free extra services. (Charlotte Business Journal, NC)

    Credit crunch may delay some projects at research campus  Nov 7, 2008
    Tom Sanctis, vice president of commercial construction for campus developer , says real estate loans required for the next projects to start have not been secured ... Charlotte Real Estate. (Charlotte Business Journal, NC)

    Banking blues hit Charlotte  Nov 5, 2008
    For every 1,000 banking jobs Charlotte loses, it stands to lose an additional 400 in other fields from real estate to accounting, says Harrison Campbell, a professor of economic geography at the University of North Carolina-Charlotte ... Homebuilding has declined, Campbell says, but Charlotte didn't benefit as much as some places from the big surge in real estate prices, so it is less likely to be hurt by a dramatic decline. (USA Today -- Money)

    Leading Charlotte's evolution  Nov 5, 2008
    And it s a cause he has been passionate about throughout his real estate career ... Crosland transformed the once-small, family-owned company into , with investments and expertise in land development, multifamily residential, contracting, retail and commercial real estate ... Crosland s passion for affordable housing and education led him to endow the John Crosland Sr. real estate chair at the UNC Charlotte s Belk College of Business. (Charlotte Business Journal, NC)

    TreHouse project on hold  Nov 5, 2008
    In the second quarter, new condo sales in Mecklenburg County were down nearly 30%, according to Market Opportunity Research Enterprises, a Rocky Mount real estate research firm ... Charlotte Real Estate. (Charlotte Business Journal, NC)

    Economy sinking, rail uncertain, but Bryton hums along  Nov 4, 2008
    Although the future of the North Rail is uncertain, and the conditions of the real estate market precarious, Peete says he's been told that private sector interest in Bryton's high-density, multi-family homes has been consistent. In addition to the one million square feet of office and retail planned for Bryton, the development will also include several thousand single and multi-family residences. (Huntersville Herald, NC)

    10 minutes with: Michael J. Uccellini  Nov 2, 2008
    Michael Uccellini didn t fulfill his childhood dream of playing in the NHL, but he has scored plenty of times as a commercial real estate developer ... Your father got into the real estate business in 1972 ... The reason I got into real estate and the reason I love real estate is that in this business you make a difference in people s lives on a daily basis. (Albany Business Review, NY)

    More real estate agents getting distressed sales experience  Oct 31, 2008
    The Web sites of Tampa Bay area residential real estate agents are advertising access to databases, newsletters and e-mail updates for foreclosure, short sale and real estate-owned properties, known collectively as distressed properties. These days, just about everyone in residential real estate has some hand in distressed sales, agents say ... Charron was active in Bay area real estate through the boom years, which he said lasted from 2003 to the first quarter of 2006. (Tampa Bay Business Journal, FL)

    Coldwell launches Spanish initiative  Oct 31, 2008
    Meanwhile, Coldwell Banker Residential Real Estate has 650 Spanish-speaking associates in the state, said President and Chief Operating Officer Clark Toole III in a prepared statement. Coldwell Banker Residential Real Estate serves Tampa Bay communities, along with Central Florida, Palm Beach, Sarasota Bay, Southeast Florida and Southwest Florida ... The firm is part of , the nation s largest residential real estate brokerage company. (Tampa Bay Business Journal, FL)

    Local auto racing: Germain's Bodine has tough task in tracking down second place in NASCAR trucks  Oct 31, 2008
    Real estate, golf, fishing, hot-button issues and even the niceties of etiquette. It is time to come out from the digital closet and show your face to the world. (Yahoo News -- Auto Racing)

    Time Warner gets OK on arena  Oct 31, 2008
    Time Warner Cable gets OK on arena - Charlotte Business Journal. for free extra services. (Charlotte Business Journal, NC)

    DBM Investments sees real estate potential in faraway spot  Oct 30, 2008
    Dana Mowers DBM Investments sees real estate potential in faraway sunny spot: the Bahamas - Puget Sound Business Journal (Seattle) ... Dana Mowers DBM Investments sees real estate potential in faraway sunny spot: the Bahamas ... For months, he scouted out tropical destinations until his real estate broker discovered Lynyard Cay, a largely undeveloped island in the Bahamas. (Puget Sound Business Journal, WA)

    Highwoods earnings beat Street  Oct 30, 2008
    Higher rental rates and occupancy drove up profit for in the third quarter, the real estate investment trust revealed Wednesday ... It s similar to net income but excludes charges such as depreciation and amortization of real estate assets accounting requirements that don t make sense for real estate investment trusts ... 8 million square feet of real estate around the Southeast. (Raleigh Triangle Business Journal, NC)

    Charlotte Stays Optimistic After the Banking Fallout  Oct 30, 2008
    1%, according to the real estate services provider CB Richard Ellis by far the best in the nation even if the building's 1 ... Real estate broker Ed Nornes argues that there is a bright side to the housing lull. (Time.com)

    Are credit cards the next collapse?  Oct 29, 2008
    First came trouble with mortgages, then home equity loans and commercial real estate. Now, banks are starting to worry about credit cards. (Anchorage Daily News)

    No decision of fate of The Park condo tower  Oct 29, 2008
    According to a marketing package posted this month on an online commercial real estate service, Summit Shores is offering to resell The Park for $25 million ... Charlotte Real Estate. (Charlotte Business Journal, NC)

    Forbidden love: The allure of the sexy undead  Oct 28, 2008
    From Tuesday's Globe and Mail. October 28, 2008 at 3:32 AM EDT. (Globe and Mail)

    Video: Enter the Best Teen Chef Competition 2009 at One of The International Culinary Schools at The Art Institutes  Oct 28, 2008
    Source: The International Culinary Schools at The Art Institutes. Win a Scholarship and be an Intern for a Day at Food Network. (Yahoo! Wire -- Entertainment News)

    Airlines to face EU environmental codes  Oct 25, 2008
    EU to include airlines in greenhouse gas restrictions - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)

    Industry Notes  Oct 24, 2008
    UPDATED: :26 a.m. PDT, October 24, 2008. by 10/16/2008 10:11 a.m. PT. (OregonLive, OR -- Business)

    McClatchy debt rating cut  Oct 24, 2008
    Real estate and employment classified ad revenues had the steepest drop, down 38. 7 percent and 39. (Wichita Business Journal, KS)

    (Pod)casting call: Seldom-used tech tool deserves a closer look  Oct 22, 2008
    (Pod)casting call - The Business Journal of the Greater Triad Area. for free extra services. (Business Journal of the Greater Triad Area)

    Owner not interested in selling struggling Bobcats  Oct 21, 2008
    "The good part about it is I'm very close to the chairman at Wells Fargo, Dick Kovacevich. ... They are one of the largest lenders to my hotel real estate fund. We've got a great relationship with Wells, so that's going to be a big plus.". Johnson was upbeat Monday, insisting he's not ready to give up on the NBA or Charlotte, while refusing to say when he expects to stop losing money. (ESPN -- Golf News)

    CBU rises in 3Q  Oct 21, 2008
    for free extra services. Subscribe to Business First. (Buffalo Business First, NY)

    Social Security to jump $750 in 2009  Oct 20, 2008
    Social Security benefits to jump $750 in 2009 - The Business Journal of the Greater Triad Area. for free extra services. (Business Journal of the Greater Triad Area)

    Unemployment rate inches up  Oct 18, 2008
    Unemployment rate up as restaurants, hotels, retail shed workers - The Business Review (Albany). for free extra services. (Albany Business Review, NY)

    Merrill Lynch posts 3Q loss of $5.2B  Oct 17, 2008
    8 billion related to severe market dislocations in September, including real estate assets ... Charlotte Real Estate. (Charlotte Business Journal, NC)

    Wells Fargo still plans to raise $20B  Oct 16, 2008
    Wells Fargo still plans to raise $20 billion in addition to Treasury investment - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)

    Omar strengthens to hurricane  Oct 15, 2008
    October 15, 2008 at 12:16 AM EDT. CHARLOTTE AMALIE, U.S. Virgin Islands Forecasters say Omar has reached hurricane strength with top winds of 120 kilometres per hour as it menaces Puerto Rico and the U.S. Virgin Islands. (Globe and Mail)

    CGX 3D Seismic Program Commences Offshore Guyana  Oct 14, 2008
    Source: CGX Energy Inc.. TORONTO, ONTARIO--(Marketwire - Oct. 14, 2008) - CGX Energy Inc. (TSX VENTURE: - ; "CGX") is pleased to announce that the 3D seismic program previously announced on June 5 and September 9 has commenced. (CCNMatthews Press Releases)

    Fed OKs Wells purchase of Wachovia  Oct 14, 2008
    Fed OKs Wells purchase of Wachovia - The Business Journal of the Greater Triad Area. for free extra services. (Business Journal of the Greater Triad Area)

    Former N&R publisher named dean at Queens  Oct 14, 2008
    Former Nisher named dean at Queens U. - The Business Journal of the Greater Triad Area. for free extra services. (Business Journal of the Greater Triad Area)

    Report: Wells may get rid of Wachovia unit  Oct 14, 2008
    Report: Wells could sell Wachovia's investment bank - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)

    Something profound is happening in this election year  Oct 14, 2008
    That day in Charlotte, a gray-haired real estate broker named Harry Taylor, attending a speech by President Bush to an applauding audience, stood and said into a microphone. "In my lifetime I have never felt more ashamed of, nor more frightened, by my leadership in Washington, including the presidency. And I would hope from time to time that you have the humility and the grace to be ashamed of yourself. I also want to say I really appreciate the courtesy of allowing me to speak.". (Athens Banner-Herald)

    Regulators OK Wells-Wachovia deal  Oct 11, 2008
    Wells Fargo gets quick regulatory OK to buy Wachovia - The Business Review (Albany). for free extra services. (Albany Business Review, NY)

    Rivals vie for bully pulpit  Oct 11, 2008
    PROFESSIONAL EXPERIENCE: Insurance agency owner, cattle farmer, real estate broker. POLITICAL RESUME: Won a state House seat in 1990. (News & Observer)

    Local companies are feeling the painOnly 6 of 70 saw gains this week  Oct 11, 2008
    During the tech bust, for example, investors flocked to real estate investment trusts, which owned office buildings, apartments or hotels. There's just no place to hide in this market, he said. (San Diego Union-Tribune -- Business)

    Wells Fargo to get Wachovia as Citigroup walks away  Oct 10, 2008
    The downside: Wells Fargo's earnings would suffer over the next few quarters as the bank absorbs more than $40 billion in Wachovia's mortgage and commercial real estate losses. Posted. (USA Today -- Money)

    Will Apple's suit against BC school bear fruit?  Oct 8, 2008
    com: Will Apple's suit against B.C. school bear fruit. Will Apple's suit against B.C. school bear fruit. (Globe and Mail)

    Ashforth names Langley CEO  Oct 8, 2008
    Hank Ashforth has more than 27 years experience in real estate and led the formation of Ashforth Pacific in 1995. Hank, Scott and the rest of our Portland team have done a tremendous job in the expansion of our company s west coast real estate portfolio ... Portland Real Estate. (Portland Business Journal, OR)

    Whitney lowers expectations for 3Q earnings  Oct 8, 2008
    Earnings for the quarter were impacted by continued pressures on the credit and real estate markets, Whitney said in a release ... Tampa Bay Real Estate. (Tampa Bay Business Journal, FL)

    CB Richard Ellis Inc. lays off local managing director in national restructuring  Oct 8, 2008
    But in an e-mailed statement to the , Germano said: Like the rest of the commercial real estate industry, CB Richard Ellis is operating in an extremely challenging environment ... One of the largest commercial real estate firms in the country, CB Richard Ellis (NYSE: CBG) has seen a significant drop in income over the past year due to the sharp drop in commercial real estate sales and leasing activity ... Baltimore Real Estate. (Baltimore Business Journal, MD)

    Gama Aviation Inc.  Oct 7, 2008
    Bank of America forms alliance with Gama Aviation - The Business Journal of the Greater Triad Area. for free extra services. (Business Journal of the Greater Triad Area)

    Will Apple's suit against B.C. school bear fruit?  Oct 7, 2008
    com: Will Apple's suit against B.C. school bear fruit. indexOf("cur")==-1)){d. (Globe and Mail)

    Beacon squeezes 2nd tower on site in Bellevue  Oct 6, 2008
    - The Seneca Real Estate Group. - Broadway Center for the Performing Arts. (Puget Sound Business Journal, WA)

    Woodland mall misses its Target but lands Burlington Coat  Oct 6, 2008
    People will reconsider travel, agreed Mark Engstrom, a Woodland resident and a commercial real estate broker and developer ... Other retail real estate brokers echoed his sentiment ... Sacramento Real Estate. (Sacramento Business Journal, CA)

    N.Y. developer scoops up S.F.s Phelan building  Oct 6, 2008
    bought the property, along with a 187,500-square-foot office building at 795 Folsom St., with loans totaling $115 million from Countrywide Commercial Real Estate Finance ... San Francisco Real Estate. (San Francisco Business Times, CA)

    Recycling finds niche in commercial office space  Oct 6, 2008
    The space, managed by , is part of a pilot program by the Los Angeles-based commercial real estate services company that takes a list of paper and plastic products from an office and returns them as recycled fiber in a variety of consumer products. It s part of an expansive workplace recycling initiative by the company that supports their goal of becoming carbon-neutral by 2010 and highlights an effort by some commercial property managers in Atlanta to lessen the environmental impact of their... (Atlanta Business Chronicle, GA)

    Citigroup cries foul  Oct 4, 2008
    Citi slams Wachovia-Wells deal - Sacramento Business Journal. for free extra services. (Sacramento Business Journal, CA)

    Faith Digest  Oct 4, 2008
    On Oct. 27, the group will discuss Julius Knipl Real Estate Photographer: Stories. The Reese Library is one of more than 250 libraries nationwide to receive a grant to hold the series, which focuses on graphics in literature. (The Augusta Chronicle)

    Legal battle brewing over Wells-Wachovia deal  Oct 4, 2008
    for free extra services. Subscribe to Atlanta Business Chronicle. (Atlanta Business Chronicle, GA)

    Wells Fargo buys Wachovia for $15.1-billion  Oct 4, 2008
    com: Wells Fargo buys Wachovia for $15. Wells Fargo buys Wachovia for $15. (Globe and Mail)

    Wells Fargo to acquire Wachovia  Oct 4, 2008
    NEWSPAPERS IN EDUCATION. The board approved Wells Fargo s offer late Thursday. (Ontario Argus Observer, OR)

    AG Edwards Inc.  Oct 3, 2008
    Citigroup to buy Wachovia's banking operations - Wichita Business Journal. for free extra services. (Wichita Business Journal, KS)

    Wells Fargo in, Citi out in deal for Wachovia  Oct 3, 2008
    Citigroup out, Wells Fargo and Wachovia to merge - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)

    This Week in Print  Oct 3, 2008
    Print Edition - Charlotte Business Journal. for free extra services. (Charlotte Business Journal, NC)

    REI will open its second prototype store near Austin  Sep 24, 2008
    REI will open its second prototype store near Austin - Puget Sound Business Journal (Seattle). Members: Not Registered. (Puget Sound Business Journal, WA)

    Extreme Home Makeover mason files for bankruptcy  Sep 24, 2008
    Extreme Home Makeover mason files for bankruptcy - The Business Review (Albany). Members: Not Registered. (Albany Business Review, NY)

    Home builders at the end of the line  Sep 24, 2008
    The liquidations are the latest in a crisis that has pounded residential real estate and financial companies throughout Atlanta and the nation ... Vision Real Estate Management is building the mixed-use development Edgewater Trail in the city of Buford. (Atlanta Business Chronicle, GA)

    U.S. Foodservice inks deal for Buda distribution center  Sep 23, 2008
    Austin-based represented U.S. Foodservice in its real estate search. U.S. Foodservice has more than 26,000 employees in over 60 locations nationwide. (Austin Business Journal, TX)

    Kermit Baker  Sep 23, 2008
    Architects group reports construction activity mixed - Austin Business Journal. Members: Not Registered. (Austin Business Journal, TX)

    Portland house prices see biggest slide since 1980s  Sep 23, 2008
    Real estate agents liked to say Oregon didn't overbuild and people kept moving to the state, sustaining demand ... About 18,900 real estate related jobs that existed in August 2007 are gone, as are 11,300 in the construction industry. (KGW Northwest NewsChannel 8, OR -- Business)

    Herbert Allison  Sep 23, 2008
    Fannie Mae flattens management - Atlanta Business Chronicle. Members: Not Registered. (Atlanta Business Chronicle, GA)

    Analysts: Wall Street turmoil threatens InBevs takeover of Anheuser-Busch  Sep 22, 2008
    Analysts: Wall Street turmoil threatens InBevs takeover of Anheuser-Busch - The Business Journal of the Greater Triad Area. Members: Not Registered. (Business Journal of the Greater Triad Area)

    Tom BowlesINSIDE NASCAR  Sep 20, 2008
    Like Gordon's team, CGRFS is a prime target for any interested owner due to his organization's "locked in" qualifying spots (both are in the Top 35) as well as his race shop's prime real estate. Built in 2004, the top-notch facility was built right next to the Concord airport, and is just a heartbeat away from Charlotte for teams looking to move closer to racing's central hub. (SportsIllustrated.CNN -- Racing)

    Rhino Times stops Charlotte print edition, stays online  Sep 20, 2008
    Rhino Times stops Charlotte print edition, stays online - The Business Journal of the Greater Triad Area. Members: Not Registered. (Business Journal of the Greater Triad Area)

    Oregon's housing market still hasn't hit bottom  Sep 19, 2008
    At the time, real estate brokers liked to say that things were different in Oregon. The economy, they said, is humming along. (OregonLive, OR -- Business)

    Bank of America Growth, Wachovia-Morgan Talks Bring No Cheer to Charlotte  Sep 19, 2008
    The number of residential real estate closings sank 34 ... Buyers are afraid to make a commitment because they are afraid something will fall apart,'' said Lexie Longstreet, a real estate broker with Savvy & Co. ``We're seeing more people who are moving to Charlotte looking to rent for a year, not buy right now. (Bloomberg)

    Jada Pinkett Smith to Star and Executive Produce as a Nurse and Single Mother in TNT Drama Pilot TIME HEALS  Sep 19, 2008
    Source: Turner Broadcasting System, Inc.. Sony Pictures Television Project Created by Emmy(R)-Winning John Masius (St. (Yahoo! Wire -- Entertainment News)

    Washington Mutual investor clears way for cash infusion or sale  Sep 18, 2008
    - The Seneca Real Estate Group. - Laird Norton Tyee. (Puget Sound Business Journal, WA)

    Albany convention center uncertainty leads to office managers resignation  Sep 18, 2008
    Albany convention center uncertainty leads to office managers resignation - The Business Review (Albany). Members: Not Registered. (Albany Business Review, NY)

    Pastor, wife arrested in alleged mortgage scam  Sep 18, 2008
    A Jensen Beach pastor and his mortgage broker wife have been arrested and charged in a real estate investment scheme that allegedly stuck clients with more than $1 million in mortgage debt ... 1 FM. He stated his purpose was to teach and mentor individuals on how to buy and sell real estate without any out-of-pocket expense, with the goal of earning $50,000 in 90 days, according to a press release ... The McGills purchased real estate in Martin and St. Lucie counties, allegedly by preparing and... (South Florida Business Journal, FL)

    Merrill Lynch shareholders seek to block BofA deal  Sep 18, 2008
    Merrill Lynch shareholders file suit over BofA buyout - Charlotte Business Journal. Members: Not Registered. (Charlotte Business Journal, NC)

    Goodwill to open hip, trendy store in Seattles U-District  Sep 17, 2008
    Goodwill to open hip, trendy store in Seattles U-District - Puget Sound Business Journal (Seattle). Members: Not Registered. (Puget Sound Business Journal, WA)

    Merrill Lynch and Bank of America agree to deal  Sep 16, 2008
    The company also will look to optimize real estate space between Merrill and BofA. ... Tampa Bay Real Estate. (Tampa Bay Business Journal, FL)

    HP to cut 24,600 jobs, take $1.7B charge  Sep 16, 2008
    HP to cut 24,600 jobs, take $1. 7B charge - Atlanta Business Chronicle. (Atlanta Business Chronicle, GA)

    Buffalo States Howard on higher ed panel  Sep 16, 2008
    Buffalo States Howard on higher ed panel - Business First of Buffalo. Members: Not Registered. (Buffalo Business First, NY)

    K2C Real Estate hires Carolina Construction Group  Sep 16, 2008
    We chose Carolina Construction Group as the featured builder for our community because they build their homes with the highest standards, everything expected of a custom home, says Jake Kent, president of K2C Real Estate Solutions ... K2C Real Estate Solutions provides turnkey marketing and sales services to builders and developers ... Charlotte Real Estate. (Charlotte Business Journal, NC)

    > Analysts: Weekend turmoil sign of more struggles  Sep 16, 2008
    When foreclosure rates stop rising and when real estate values stop falling ... Special attention should be given to any deal that uses real estate as collateral, he says ... Charlotte Real Estate. (Charlotte Business Journal, NC)

    Lehman rescue fails, BofA buys Merrill for $50B  Sep 15, 2008
    Barclays and Bank of America were considered front-runners to buy Lehman, which is foundering under the weight of $60 billion in soured real estate holdings ... That's partly because some of the firms, particularly Merrill, made bad bets on real estate. (Washington Daily News, NC)

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