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    News and Articles on Real Estate

    Archives: Real Estate

    General Growth plans Chapter 11 exit  Nov 20, 2009
    Experts said it was the largest real estate bankruptcy in U.S. history ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    Vandalia Iams facility sells for $1.95M  Nov 7, 2009
    The and a private investor have secured the winning bid for the online auction of the 106,000-square-foot facility on Poe Avenue, according to a news release from and Real Estate Disposition LLC, the companies that auctioned the property ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    Boise State regains knack for thievery in easy win  Nov 4, 2009
    INDEPENDENT-ENTERPRISE. NEWSPAPERS IN EDUCATION. (Ontario Argus Observer, OR)

    CB Richard Ellis 3-Q profit plummets 70%  Oct 30, 2009
    Net income fell nearly 70 percent during the third quarter at , as the commercial brokerage firm continued to suffer from the worldwide slump in real estate ... CB Richard Ellis, with local offices downtown, is the Tri-State's largest commercial real estate firm, ranked by number of agents ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    Macys to add exclusive mens fashion line  Oct 29, 2009
    Macys to add exclusive mens fashion line - The Business Journal of the Greater Triad Area. for free extra services. (Triad Business Journal, NC)

    Consumer confidence erodes further in Oct.  Oct 28, 2009
    Consumer confidence erodes further in October - Business Courier of Cincinnati. for free extra services. (Cincinnati Business Courier, OH)

    If service academy flies, lawyer hopes it lands in Cincinnati  Oct 20, 2009
    Real estate lawyer Sean Suder is on a mission to bring the to Cincinnati ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    HelloWeeOnes - A Safe & Free Halloween Event for the Community  Oct 13, 2009
    Phillips Edison & Company is a fully-integrated retail real estate company with a portfolio of more than 25 million square feet of neighborhood shopping centers across the country, including 12 properties in the Greater Cincinnati area. For more information, visit. (Yahoo! Wire -- Entertainment News)

    Kenwood Towne Place receiver upheld  Oct 10, 2009
    Myers rejected claims by Charlotte, N.C.-based Bank of America (NYSE: BAC) that a real estate professional should be appointed to manage the property while its foreclosure action is pending. While he is not a real estate expert, Mr. Menninger has other qualifications and may retain experts as necessary with court approval, Myers ruled ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    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 ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    Walker Cup's Smith reaches Mid-Amateur semis  Oct 8, 2009
    Gerwin, who works in real estate and will be 43 on Thursday, beat defending champion of Ocean Springs, Miss. 2-up, in the quarterfinals. (ESPN -- Golf)

    Cincinnati Development Fund wins $1M grant  Oct 7, 2009
    There is increased need in the local market for flexible real estate capital; this couldn t come at a better time, CDF Executive Director Jeanne Golliher said in the release ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    Kenwood Towne Place investors file suit  Oct 3, 2009
    He claims the bank used Kenwood Towne Place loan proceeds to benefit other Bear Creek development projects in a fraudulent attempt to reduce the bank s exposure on other real estate projects owned by the Bear Creek affiliates ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    Lindner family among Forbes 400 richest  Oct 2, 2009
    Lindner family among Forbes 400 richest - Business Courier of Cincinnati. for free extra services. (Cincinnati Business Courier, OH)

    Obama's Olympic Bid: Risky Even if He Wins  Oct 1, 2009
    Though Gibbs spoke of the economic impact of the Games as a boon for the entire nation, outside analysts expect most of the economic benefits to be focused in Chicago and the surrounding area, where many of Obama's biggest boosters are heavily invested in the real estate and tourism industry. Estimates for the economic stimulus of the Games vary widely, from $4. (Time.com)

    Iams headquarters to be auctioned online  Oct 1, 2009
    The property will be the first sold using an online platform developed by Chicago-based global real estate service firm (NYSE: JLL) and real estate auction company, Irvine, Calif. -based Real Estate Disposition LLC. ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    Citigroup upgrades Procter & Gamble  Sep 19, 2009
    Citigroup upgrades Procter e - Business Courier of Cincinnati. for free extra services. (Cincinnati Business Courier, OH)

    Hamilton County seeks grant to expand Mill Creek greenway trail  Sep 17, 2009
    It has the potential to take what has historically been a blighted slice right up the gut of Hamilton County and make it a pretty attractive piece of real estate running the width of the county, Portune said ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    Obama gets conflicting tips on health care speech  Sep 7, 2009
    Unable to submit Real Estate, Services, and Business Investements at this time. Map the Valley. (Hanford Sentinal, CA)

    Bills show talent; too bad its not on the field  Aug 29, 2009
    Bills show talent; too bad its not on the field - Business First of Buffalo. for free extra services. (Buffalo Business First, NY)

    ACLU: Too much info in Facebook quizzes  Aug 29, 2009
    ACLU: Facebook quizzes leak too much info - The Business Journal of the Greater Triad Area. for free extra services. (Triad Business Journal, NC)

    Investor group seen bidding for Skype  Aug 29, 2009
    Investor group seen bidding for eBay's Skype - The Business Journal of the Greater Triad Area. for free extra services. (Triad Business Journal, NC)

    County commits to Museum Center upkeep  Aug 27, 2009
    Stay up to date on the latest news from within the commercial real estate industry. Use of, or registration on, this site constitutes acceptance of our and. (Cincinnati Business Courier, OH)

    $325M Friday lottery is largest in 2 years  Aug 27, 2009
    Fridays $325M lottery jackpot is largest in two years - Puget Sound Business Journal (Seattle). for free extra services. (Puget Sound Business Journal, WA)

    Oppenheimer, Blend appoints new HR director to manage growth  Aug 27, 2009
    Oppenheimer Blend is a full-service legal corporation that represents businesses and high-net worth clients in the areas of corporate and securities; creditors rights and bankruptcy; estate planning and probate; health care; labor and employment; litigation; condemnation rights; real estate; tax and trust and estate litigation ... San Antonio Real Estate. (San Antonio Business Journal, TX)

    City Council approves ballpark renovation  Aug 26, 2009
    Wichita City Council approves Lawrence-Dumont concession stand renovation - Wichita Business Journal. for free extra services. (Wichita Business Journal, KS)

    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, in combination with the other steps we have taken amending our credit agreement to increase our flexibility, selling $600 million of securities to raise capital, and lowering operating expenses while increasing market share have greatly enhanced our financial position and helped ensure that we remain one of... (Cincinnati Business Courier, OH)

    Florida consumer confidence up in August  Aug 26, 2009
    As the country moves into recovery over the next year, real estate, construction spending and tourism all of which have been major sectors in Florida s economy over the past two decades will certainly stabilize, but not grow as they had, McCarty said, warning that Florida needs a new approach ... Tampa Bay Real Estate. (Tampa Bay Business Journal, FL)

    Bills sign beverage deal with S. Fla. co.  Aug 26, 2009
    Bills sign beverage deal with S. Fla. co. - Business First of Buffalo. (Buffalo Business First, NY)

    Cincinnati developer has long faced legal issues  Aug 22, 2009
    Matt Daniels might not be well known by your average Cincinnatian, but in local real estate circles, people have been aware of him for years ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    Scaling Sacramento's skyline  Aug 18, 2009
    Commercial real estate and construction ... Michelle Azevedo and Ellen Warner might be the best-kept secrets in local commercial real estate ... The two women took very different paths to become prominent commercial real estate developers. (Sacramento Business Journal, CA)

    HEB stores to carry UT-, Texas A&M-branded chips  Aug 18, 2009
    HEB stores to carry UT-, Texas Aded chips - Austin Business Journal. for free extra services. (Austin Business Journal, TX)

    Weyerhaeuser sells commercial unit  Aug 18, 2009
    Weyerhaeuser completes sale of commercial construction business - Puget Sound Business Journal (Seattle). for free extra services. (Puget Sound Business Journal, WA)

    Winrock moves local operations  Aug 18, 2009
    The Little Rock-based global environmental nonprofit, whose lease was up at 1621 N. Kent St. in Rosslyn this year, acted at the right time in a flailing commercial real estate market ... Our team believed that the market would continue to weaken, giving Winrock the time needed to better understand their space requirement and take advantage of the deteriorating market, said Mindy Saffer, senior vice president of the real estate services firm ... Washington Real Estate. (Washington Business Journal, DC)

    Cincinnati's Kevin Hughes leaves Colliers for nonprofit  Aug 16, 2009
    Hughes, who helped build into a commercial real estate powerhouse with nearly $9 billion in corporate transactions a year, has sold his stake in the firm and is leaving his job as global leader of corporate solutions ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    Downtown presentations set for September  Aug 13, 2009
    Downtown presentations set for late September - Wichita Business Journal. for free extra services. (Wichita Business Journal, KS)

    Stocks Fall as Traders Lock in Profits After Rally  Aug 11, 2009
    Banks still have billions of dollars in bad debt and the Fed said in a snapshot of economic conditions at the end of July that commercial real estate activity continues to weaken. Analysts are still concerned about how and when policymakers will withdraw the enormous support the Fed implemented in the fall to prop up the financial system and the overall economy. (ABC News -- Wire)

    P&G's profit falls 18%; company testing price cuts  Aug 6, 2009
    Real solutions for your real estate needs. Choose from the selections below. (USA Today -- Money)

    General Growth hammered by rising vacancy  Aug 6, 2009
    In its second-quarter earnings release, the Chicago-based real estate investment trust (GGWPQ.PK) posted operating income of $615 ... Funds from operations, which show how much money investment trusts generate from their properties, is the standard performance measure for real estate investment trusts ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    Pins, pedestrians for Short Vine  Aug 3, 2009
    I would say at this point it s a 50-50 shot, said Jacobs, COO of the , a real estate investment firm founded by his father, Terry Jacobs. The entrepreneur left to launch three broadcasting firms and has focused on real estate investments since 2005 ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    American Financial posts record 2Q profits  Jul 29, 2009
    for free extra services. Subscribe to Business Courier. (Cincinnati Business Courier, OH)

    Problems escalate at Kenwood Towne Place  Jul 24, 2009
    It s a frustrating situation for everybody, said Baird, who left Bear Creek in 2008 but remains a partner with Daniels in about 20 different real estate development entities ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    Naked Cowboy Runs For NYC Mayor  Jul 23, 2009
    Real Estate Information. Sponsored Links. (KSBW 8, CA)

    Does a college degree really matter?  Jul 20, 2009
    NEWSPAPERS IN EDUCATION. Does a college degree really matter. (Ontario Argus Observer, OR)

    Sales Stories  Jul 19, 2009
    He's in the only real estate sector that showed positive 2008 growth a 5% return. Sales & Marketing Poll. (Cincinnati Business Courier, OH)

    State squeezes landlords  Jul 18, 2009
    Landlords who lease property to the state are facing a new mandate that many say will impose higher costs at a time when the commercial real estate industry is already hurting. Building owners who sign new or renewed leases must now pay prevailing wages to janitors, mechanics, contractors and others who do work in the space being leased. (Albany Business Review, NY)

    Corridor Reznick to merge with Hearn real estate firm  Jul 18, 2009
    Corridor Reznick LLC, one of Baltimore s largest real estate brokerage firms, will merge later this summer with another firm founded by former KLNB Management LLC President Timothy R. Hearn ... Baltimore Real Estate. (Baltimore Business Journal, MD)

    U.S. may see entrepreneurship boom  Jul 7, 2009
    U.S. may see entrepreneurship boom - Austin Business Journal. for free extra services. (Austin Business Journal, TX)

    Metroplex buys building from state for $1M  Jul 7, 2009
    Metroplex seeks tenants for former bakery complex - The Business Review (Albany). for free extra services. (Albany Business Review, NY)

    Survey: Law firms get 'no confidence' vote  Jul 4, 2009
    Law firms get 'no confidence vote' by peers - Puget Sound Business Journal (Seattle). for free extra services. (Puget Sound Business Journal, WA)

    U.S. unemployment hits 9.5 percent  Jul 3, 2009
    U.S. unemployment hits 9. 5 percent - Wichita Business Journal. (Wichita Business Journal, KS)

    Anchor Blue closing Silicon Valley stores  Jun 29, 2009
    Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, real estate and industrial sectors, is running the store closing sale on Anchor Blue's behalf ... San Jose Real Estate. (San Jose Business Journal, CA)

    Venerable city eatery Brass Elephant on the block for $1.8M  Jun 27, 2009
    The Mount Vernon restaurant is for sale, including its Charles Street building, restaurant operations, catering business and liquor license, said Kemp Byrnes, a real estate broker with Byrnes and Associates who is handling the sale ... Baltimore Real Estate. (Baltimore Business Journal, MD)

    Target launches 'up and up' store brand  Jun 27, 2009
    Target relaunches its store brand, called 'up and up' - The Business Review (Albany). for free extra services. (Albany Business Review, NY)

    Delta subsidiary to furlough 110 pilots  Jun 26, 2009
    Delta subsidiary to furlough up to 110 pilots - The Business Review (Albany). for free extra services. (Albany Business Review, NY)

    Fitch downgrades Delta credit to B-  Jun 26, 2009
    Fitch downgrades Delta credit rating to B- - Atlanta Business Chronicle. for free extra services. (Atlanta Business Chronicle, GA)

    SBA loan program opens to refinancing  Jun 25, 2009
    Previously, small-business owners could use that program only to make new purchases of real estate or capital equipment, such as machinery ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    Startup Yapta.com lands $2 million  Jun 25, 2009
    com lands $2 million - Puget Sound Business Journal (Seattle). for free extra services. (Puget Sound Business Journal, WA)

    Home sales stabilizing; weak recovery seen  Jun 24, 2009
    Now the economy is hobbling the recovery of the real estate market ... Responding to widespread complaints about inflated appraisals during the real estate boom, New York Attorney General Cuomo reached a pact last year with mortgage companies Fannie Mae and Freddie Mac on a new code of conduct for the industry ... Since the rules took effect May 1, real estate agents and mortgage brokers say a number of appraisals are coming in surprisingly low. (Muscatine Journal, IO)

    Earnings Preview: Kroger Co.  Jun 21, 2009
    View new featured homes, townhomes, condos and real estate listings for sale in Seattle, WA. Find new construction, investment properties and luxury homes in Seattle, Washington. With GE Capital Corporation. (Yahoo News -- Press Releases)

    Rocky Point assets shopped  Jun 1, 2009
    The credit freeze has made it tough for investors to obtain loans, and demand has diminished for commercial real estate as investors wait for a sign the market has truly hit bottom ... Tampa Bay Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Tampa Bay Business Journal, FL)

    Toys 'R' Us deal means no more FAO Schwarz in Macys  May 29, 2009
    Toys 'R' Us deal means no more FAO Schwarz in Macys - Business Courier of Cincinnati. for free extra services. (Cincinnati Business Courier, OH)

    AFG sees opportunities aplenty in commercial real estate  May 27, 2009
    AFG sees opportunity aplenty in real estate - Business Courier of Cincinnati ... AFG sees opportunity aplenty in real estate ... 2 billion in cash on its balance sheet, AFG is looking to buy real estate. (Cincinnati Business Courier, OH)

    All things considered, not so bad at Kenwood Towne Place  May 26, 2009
    Betzler did say Kroger s real estate department is in constant contact with the development group, and that there were some maintenance issues, because of the unfinished space above, which were fixed ... Cincinnati Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Cincinnati Business Courier, OH)

    Morris, Manning & Martin adds five  May 16, 2009
    Dunaway will lead the firm s core timberland corporate practice, while Schrock will lead the firm s core timberland real estate practice ... Stay up to date on the latest news from within the commercial real estate industry. (Atlanta Business Chronicle, GA)

    Lafley sets United Way campaign strategies  May 13, 2009
    Lafley sets strategies for United Way campaign - Business Courier of Cincinnati. for free extra services. (Cincinnati Business Courier, OH)

    5 Regional Banks Must Raise $8.2B After Tests  May 8, 2009
    Many regional banks hold concentrations of commercial real estate loans a hot spot of potential trouble that make them vulnerable to weakness in their geographic areas. If the recession deepened, defaults on the high-risk loans could soar. (ABC News -- Wire)

    Revenue drops 18 percent for Trib parent  Apr 18, 2009
    In metro markets, like Tampa, employment revenues from classifieds dropped more than 67 percent while real estate was down 52 ... Tampa Bay Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Tampa Bay Business Journal, FL)

    General Growth Properties declares bankruptcy  Apr 17, 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) said Thursday it sought bankruptcy protection only after being unable to refinance or extend maturing debt. (Cincinnati Business Courier, OH)

    U.S. to buy 17,600 American-made autos  Apr 11, 2009
    U.S. government to buy 17,600 American-made autos - Business Courier of Cincinnati. for free extra services. (Cincinnati Business Courier, OH)

    TBBJ problem-solving event draws 200-plus  Apr 10, 2009
    The largest industries were 21 percent banking, 20 percent in business services and 16 percent in real estate ... Robinson believes the only solution to saving the current economy is in real estate ... Florida is heavily dependent on real estate, he said. (Tampa Bay Business Journal, FL)

    SLM to create 2K jobs, reverse outsourcing  Apr 7, 2009
    Sallie Mae to create 2,000 U.S. jobs, reverse outsourcing - Business Courier of Cincinnati. for free extra services. (Cincinnati Business Courier, OH)

    Pinellas seeks companies for Neighborhood Stabilization Program  Apr 3, 2009
    Pinellas County is seeking contractors, landscape companies and real estate agencies to assist in rehabilitating area homes through the Neighborhood Stabilization Program ... Tampa Bay Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Tampa Bay Business Journal, FL)

    Area malls are still gaining new tenants  Apr 2, 2009
    The Indianapolis-based real estate company has announced several new retailers for local shopping centers Ingram Park and Rolling Oaks Mall ... Stay up to date on the latest news from within the commercial real estate industry ... San Antonio Real Estate. (San Antonio Business Journal, TX)

    Great American ratings OK, outlook down  Mar 28, 2009
    The negative outlook is the result of the current economy, as well as Great American s exposure to financial-sector corporate bonds and real estate-related investments, especially mortgage-backed securities, A.M. Best said ... Stay up to date on the latest news from within the commercial real estate industry ... Cincinnati Real Estate. (Cincinnati Business Courier, OH)

    Boca Resort unveils renovation  Mar 27, 2009
    Those projects are on hold until the real estate market improves, Telchin said ... Stay up to date on the latest news from within the commercial real estate industry ... South Florida Real Estate. (South Florida Business Journal, FL)

    VA Medical Center wins $5.8M for upgrade  Mar 25, 2009
    Cincinnati VA Medical Center receives $5. 8M for upgrade - Business Courier of Cincinnati. (Cincinnati Business Courier, OH)

    Consumer confidence up, spending down  Mar 25, 2009
    With recent increases in the stock market and some signs of firming in the real estate market, consumers are beginning to indicate they ll be better off financially over the next year, DuBravac said ... Stay up to date on the latest news from within the commercial real estate industry. (Albany Business Review, NY)

    Developers not waiting for cavalry  Mar 24, 2009
    Some local real estate developers are refusing to let stingy lenders rain on their growth parade ... Banks and insurance companies, which once fueled real estate development by making direct loans and investing in mortgage-backed securities, are trying to rid their portfolios of risk ... Neyer has been working on the offering for nine months with , a downtown firm that specializes in financing real estate transactions. (Cincinnati Business Courier, OH)

    Businesses see silver lining in economic woes  Mar 18, 2009
    Eric Abroms has heard the doomsayers predicting calamity around every strip mall in today s commercial real estate market. But Abroms, senior vice president of , a Cincinnati commercial real estate brokerage, would rather look at the silver lining in these uncertain times ... There s no denying the real estate market will continue to lag into next year, said Chris Vollmer Jr., senior associate of , a Cincinnati firm that specializes in office, medical and industrial properties. (Cincinnati Business Courier, OH)

    Chase Tower to be sold  Mar 8, 2009
    The Chase Tower, at 221 W. Sixth St., will be on the market in two to three weeks, said Ross Crow, a senior vice president of asset management with Grubb & Ellis Realty Investors LLC. Grubb & Ellis owns 89 percent of the building, while Austin s Endeavor Real Estate Group LLC owns the rest ... Stay up to date on the latest news from within the commercial real estate industry. (Austin Business Journal, TX)

    Commercial foreclosures start to stack up in region  Mar 8, 2009
    While lenders and real estate brokers believe an uptick in commercial mortgage defaults is inevitable this year, they don t know whether the effect will be a ripple or a tsunami ... Sacramento Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Sacramento Business Journal, CA)

    STOCKS HIT 12-YEAR LOW...  Mar 6, 2009
    Stocks tumble as investors worry about banks, GM: Financial News - Yahoo. AP Stocks tumble as investors worry about banks, GMThursday March 5, 6:15 pm ET By Sara Lepro and Tim Paradis, AP Business Writers. (The Drudge Report)

    49ers: No Offer to Warner  Mar 4, 2009
    49ers deny making offer to Warner. Article:49ers deny making offer to Warner:/c/a/2009/03/03/SP07168CEK.DTL Article:49ers deny making offer to Warner:/c/a/2009/03/03/SP07168CEK.DTL. (San Francisco Chronicle -- Sports)

    Cincinnati Re/Max offices join forces, plan changes  Mar 4, 2009
    The efficiencies of a larger organization are hard to ignore, said Rob Sibcy, president of Cincinnati s largest real estate firm, Sibcy Cline Inc., with 1,350 agents ... Many cities residential real estate markets are faring far worse than Greater Cincinnati s.. (Cincinnati Business Courier, OH)

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