Northgate's 'grand opening' Nov 15, 2009
Friday's "grand opening" of San Rafael's Northgate Shopping Center - although it never actually closed - is a "signal to the community that it's time to start holiday shopping," says Ken Gillett, a senior VP at Macerich, the real estate investment trust that owns Northgate, the Village at Corte Madera and other shopping centers in the Bay Area. 11. (San Francisco Chronicle -- Business)
More settlements from Intel expected Nov 14, 2009
Friday, November 13, 2009. Now that the Advanced Micro Devices case is settled, Intel Corp. is going to move as expeditiously as it can to clean the slate of all the other antitrust cases that have dogged it for years. (San Francisco Chronicle)
ACE to study faster Silicon Valley service Nov 10, 2009
ACE to study faster service to Silicon Valley - Silicon Valley / San Jose Business Journal. for free extra services. (San Jose Business Journal, CA)
> Creekside Landing in Fremont is placed on hold after losing partner Nov 9, 2009
They decided to return to their core business, which is neighborhood shopping centers anchored by supermarkets and drug stores, said Lyons, referring to Regency, a real estate investment trust ... San Jose Real Estate. (San Jose Business Journal, CA)
Albina Community Bancorp Reports First Quarter Loss; Pre-Tax, Pre-Provision Earnings Increase 72% Oct 31, 2009
Nonperforming assets (NPAs), consisting of nonperforming loans, other real estate owned (OREO), and loans delinquent 90 days or more, increased during the quarter to $16 ... The loan portfolio remains well-diversified with a wide variety of borrowers and collateral; over 75% of the portfolio is secured by real estate, both residential and commercial ... More than 39% of Albina's commercial real estate loans are owner-occupied. (Primezone Releases)
Research and development, office vacancies in Silicon Valley climb in Q3 Oct 27, 2009
Dick Scott, head of Silicon Valley office, was grim about third quarter numbers for commercial real estate, noting that the numbers have not gotten better, in fact they ve gotten a little worse ... San Jose Real Estate. (San Jose Business Journal, CA)
A playoff atmosphere Oct 23, 2009
INDEPENDENT-ENTERPRISE. NEWSPAPERS IN EDUCATION. (Ontario Argus Observer, OR)
Trustee report: Most Mastro properties underwater Oct 17, 2009
Mastro Properties is in worse financial condition than many creditors imagined, according to the trustee in the involuntary bankruptcy case against Seattle real estate developer Michael Mastro Sr. ... Rigby attributed the lack of available equity to repay creditors to the severe downturn in the real estate market that dropped property values below what Mastro borrowed against them during the market s peak ... But unsecured creditors may still find some relief in the disposition of other assets... (Puget Sound Business Journal, WA)
Commissioners appoint Stephen Loosli to P&Z Board Oct 7, 2009
Sam C wrote on Oct 6, 2009 7:19 PM:" I am not a fan of Chan's organization, but let alone being a slam to his group, it is an afront to all of Fremont County residences.This is tanimount to political suicide for Skip and Paul to appoint the most contriversial character to ever hit Fremont County. If you want to see Loosli's doings, just go to Warm River and look at the concrete walls of the uncompleted home north of the river.He has done all his business dealings by the seat of his pants, and... (Rexburg Standard Journal, ID)
CH2M Hill to work on 230-mile CO2 pipeline project Oct 1, 2009
for free extra services. Subscribe to Denver Business Journal. (Denver Business Journal, CO)
Dem. Slater to enter Colorado AG's race Sep 30, 2009
His Canon City practice focuses on personal injury cases, real estate, employment law, general civil litigation and small-business law. He served as chairman of the Fremont County Democrats from 1999 to 2002. (Denver Business Journal, CO)
Asilomar pays $7.6M for Fremont campus Sep 26, 2009
Industry veterans say the sale is a sign that the commercial real estate market is nearing the bottom. When someone named Peery or Arrillaga buys real estate, it s like going to the mailbox and finding a check, said Jim Beeger, a broker with ... Peery said he s not looking for the bottom of the market, he s looking for well-priced, well-located real estate. (San Jose Business Journal, CA)
Turning parking spaces into parks Sep 18, 2009
Since its inception in 2005, Parking Day has been whimsically thumbing its nose at the quaint practice of reserving valuable public real estate for the automobile. Like Critical Mass, the monthly bicycle ride through San Francisco streets, the event has spread from San Francisco around the world. (San Francisco Chronicle -- Opinion)
Embattled Monument projects get second chance Aug 28, 2009
a now-troubled New York-based commercial real estate finance company, later bought that loan ... Washington Real Estate. (Washington Business Journal, DC)
Bulletin Board Aug 24, 2009
Sponsored by Whitney Davis of Zephyr Real Estate and Tina Leonardi of Guarantee Mortgage ... Presented by Jim Olness of Zephyr Real Estate ... Presented by Seth Skolnick of Zephyr Real Estate. (San Francisco Chronicle)
Albina Community Bank Receives $216,547 Bank Enterprise Award From the U.S. Treasury Aug 22, 2009
"These 55 awardees provided more than 300 affordable home mortgages, helped approximately 600 small businesses and provided financing to nearly 700 affordable housing and commercial real estate projects, among other activities, in economically distressed communities that are often the first to feel the effects of an economic crisis," stated Ms. Gambrell. All depository institutions insured by the Federal Deposit Insurance Corporation (FDIC) are eligible to apply for a BEA Program award. (Primezone Releases)
Signs of recovery in housing market Aug 22, 2009
Home sales gained ground in both the Bay Area and the nation in July, according to two real estate reports released Friday ... Bay Area real estate agents pointed to several market dynamics ... "We've got less than 60 days inventory in West (Contra Costa) County," said Carylon Dopp of Security Pacific Real Estate in Richmond. (San Francisco Chronicle -- Business)
BART woes a boost to telework Aug 20, 2009
Wilsker said companies save an average of $20,000 per full-time teleworker from reduced real estate and office supply costs ... FromMcGuire Real Estate. (San Francisco Chronicle -- Technology)
Shares of homebuilders advance on housing starts Aug 20, 2009
Builders and real estate agents are pressing in Congress for that credit to be extended. If the tax credit expires, "we could see a fallback," said David Crowe, chief economist for the National Association of Home Builders. (San Francisco Chronicle -- Business)
Plane, copter collide over Hudson; 9 believed dead Aug 9, 2009
The address is shared by a real estate company run by Steven Altman, of Ambler, Pa. A woman who answered the telephone Saturday at Altman's home hung up, and police wouldn't let reporters enter a private driveway leading to the home. (Fremont Tribune, NE)
USDA: Neb. farm real estate value is up Aug 5, 2009
farm real estate value is up - Ap-state-ne - The Fremont Tribune - Fremont, Nebraska's Community Newspaper ... farm real estate value is up ... The U.S. Department of Agriculture says farm real estate value is up, extending a trend that began in 1993. (Fremont Tribune, NE)
Bridge Bank Q2 loss widens to $1.9M Jul 28, 2009
7 million, primarily due to a gain recognized on the sale of real estate ... San Jose Real Estate. (San Jose Business Journal, CA)
Commercial real estate drop accelerates Jul 23, 2009
Commercial real estate values around the country have dropped 35 percent from their peak in October 2007, according to Moody s REAL Commercial Property Price Indices ... This makes the second month in a row of near-record losses in the same-property transaction prices of U.S. commercial real estate tracked by Real Capital Analytics, he said ... San Jose Real Estate. (San Jose Business Journal, CA)
Bank profits not as impressive as they seem Jul 18, 2009
Commercial real estate: While home foreclosures are increasing, the commercial real estate market is expected to keep causing loan losses for banks. Rising store and office vacancies are cutting into landlords' and developers' cash flow, and leading them to default on their mortgages. (Fremont Tribune, NE)
State e-mails detail SC gov's Argentina plans Jul 10, 2009
Agency staffers also asked the U.S. Consulate in Argentina to set up meetings with real estate people. "He would like to meet with a real estate broker there, one that might have connections to ranches, farmland, etc. Not necessarily to buy, but he is interested in talking and learning more," Commerce staffer Ford Graham wrote on June 6 ... Sanford worked in real estate development before running for and winning three terms in the U.S. House and he has continued to piece together parcels around... (Fremont Tribune, NE)
Designers who see more than an empty lot Jul 8, 2009
These aren't artistic attacks on growth; rather, they make the case that land has cultural resonance apart from real estate trends. There's potential "in the meantime.". (San Francisco Chronicle)
Pfizer drops planned biotech research center Jul 8, 2009
Skip Whitney, with the biotech real estate brokerage firm GVA Kidder Mathews, said that is already happening. "I have half a dozen clients actively looking at Mission Bay right now," Whitney said. (San Francisco Chronicle)
High-rises on hold: What to do with empty lots? Jul 7, 2009
The concept is the brainchild of owner Trinity Real Estate and the Lower Manhattan Cultural Council, though details are still being worked out. -- In Miami, elected Commissioner Marc Sarnoff has offered developers a deal: The city will rent empty sites at $1 a year to create temporary parks. (San Francisco Chronicle)
GM pulling out of 25-year Toyota partnership Jun 30, 2009
for free extra services. Subscribe to Silicon Valley / San Jose Business Journal. (San Jose Business Journal, CA)
Grizzly seniors ready for one last hurrah May 15, 2009
NEWSPAPERS IN EDUCATION. On the year, the Grizzlies have boasted a potent offense, scoring 283 runs for an average of 10. (Ontario Argus Observer, OR)
Obama administration to expand housing plan May 14, 2009
Short sales are often seen as preferable to foreclosure because they don't harm a borrowers' credit record as much as a foreclosure, but real estate agents have complained that the process can drag out for months. "The problem is it's never clear who in a bank has the authority to approve a short sale," said Howard Glaser, a mortgage industry consultant in Washington and a former HUD official. (Fremont Tribune, NE)
Albina Community Bancorp Reports First Quarter 2009 Results May 1, 2009
Through this program, the CDFI Fund awards financial institutions for their support of community development through small business loans, home improvement loans and commercial real estate loans ... Nonperforming assets, which include nonperforming loans, other real estate owned (OREO), and loans delinquent 90 days or more, increased during the quarter to $17 ... We have reached an agreement to sell the only property we have in OREO (other real estate owned), which will produce a small gain when... (Primezone Releases)
First Student bus drivers unionize in 62-32 vote Apr 18, 2009
CLOUDY Saturday April 18, 2009. Today's most viewed articles. (Seacoast New Hampshire)
Tips for those who can't pay their taxes Apr 15, 2009
Even if you don't own real estate, the IRS could file a "general" tax lien, which is a broad lien that encompasses all of the taxpayer's property or rights to real and personal property, Weller says. A tax lien can clobber your credit score and it stays on your record longer than other black marks, says Maxine Sweet, vice president of public education with Experian. (San Francisco Chronicle -- Weird News)
San Jose asks MLB to waive Giants' rights Apr 4, 2009
Mayor wants MLB to drop Giants' territorial rights to San Jose - Silicon Valley / San Jose Business Journal. for free extra services. (San Jose Business Journal, CA)
State forecast to face less water, more heat Apr 3, 2009
Despite a tattered economy and grim real estate market, every month more than 5,000 people buy a house in the Bay Area. When I was a lad, the second bike I owned was a 1953 Royal Enfield 350 Bullet. (San Francisco Chronicle)
NBC a lot different from days when 'ER' started Apr 2, 2009
NBC a lot different from days when `ER' started. Article:NBC a lot different from days when `ER' started:/n/a/2009/04/01/entertainment/e043044D87. (San Francisco Chronicle -- Entertainment)
Nordstrom opening Rack store in San Jose Apr 1, 2009
Stay up to date on the latest news from within the commercial real estate industry. News, analysis and ideas that defy the odds and the times. (Puget Sound Business Journal, WA)
Fed scopes out options with key rate near zero Mar 18, 2009
It will be expanded to include commercial real estate, though that component won't be part of the initial rollout. There are risks to pumping more money into the economy, bailing out financial institutions and leaving a key rate near zero for too long. Those steps could ignite inflation, put ever-more taxpayers' money in danger and encourage companies to make high-stake gambles, confident the government stands ready to rescue them. (Fremont Tribune, NE)
Spell check: First- and Second-graders open county spelling bee Mar 5, 2009
Unable to submit Real Estate, Services, and Business Investements at this time. Map the Valley. (Hanford Sentinal, CA)
The Bottom Line Mar 5, 2009
"Definitely, it's changed," agrees Melissa Bradley, who owns Bradley Real Estate in Marin County. "Houses aren't a short-term investment any longer. At least not for the next seven years.". (San Francisco Chronicle -- Business)
Parma, New Plymouth open eyes at state tournament Mar 4, 2009
NEWSPAPERS IN EDUCATION. Next, Miller picked on Valley s Casey Ivey and defeated him with a pin in 2:53, which moved the 103-pounder into the semifinals. (Ontario Argus Observer, OR)
Robodoc maker moves to Fremont Mar 4, 2009
Stay up to date on the latest news from within the commercial real estate industry ... Sacramento Real Estate. (Sacramento Business Journal, CA)
Albina Community Bancorp Increased Deposits 15% and Loans 11% in 2008 Feb 28, 2009
Through this program, the CDFI Fund awards financial institutions for their support of community development through small business loans, home improvement loans and commercial real estate loans ... Over 75% of the portfolio is secured by real estate, both residential and commercial ... 31% Albina Community Bancorp Balance Sheet (Dollars in thousands) As of the Date Ended --------------------------------------------- Dec. 31, Sept. 30, Dec. 31, Annual 2008 2008 2007 % Change... (Primezone Releases)
$194M bond sales boosts highway projects Feb 28, 2009
Stay up to date on the latest news from within the commercial real estate industry ... San Jose Real Estate. (San Jose Business Journal, CA)
Virgin Megastore in S.F. will liquidate Feb 28, 2009
"It's sad Virgin is going, but nobody is really surprised," said Vikki Johnson, principal in the San Francisco real estate firm Johnson Hoke Ltd. But, Johnson said, the site has a future because that corner of Market Street is a far more attractive location now than when Virgin Megastore opened in 1995. San Francisco resident Mark Nichols stopped by the Virgin Megastore on Thursday afternoon after trying to take advantage of book sales in the final days of Stacey's Bookstore, which is closing up... (San Francisco Chronicle)
Residents to city: Do not expand the impact zone Feb 27, 2009
Just one person, real estate agent Bob Reiley, testified in favor of extending the city's existing area of impact by about a mile to the south and squaring it up in other directions. "I'm for this if it's done right," Reiley said. (Rexburg Standard Journal, ID)
Sunday Business Feb 22, 2009
One of New York City's wealthiest residents, shrugging off the deepening recession, has been on a real estate buying spree - buying up parcels across the country at depressed prices. Len. (New York Post -- Business)
Missed opportunities curse Parma Feb 21, 2009
NEWSPAPERS IN EDUCATION. Alli Nielsen added a rebound and putback, and Becca Leavitt grabbed a steal, scored the layup and added a free throw to draw the Panthers to within 37-35. (Ontario Argus Observer, OR)
Administration pushing ahead with bank rescue Feb 16, 2009
Other features include a major expansion of a joint Treasury-Fed program to support as much as $1 trillion in lending for consumer debt such as credit cards and student loans and business loans including commercial real estate. The other elements include the potentially $1 trillion in support of a program to buy bad assets and $50 billion to support foreclosure mitigation efforts. (Fremont Tribune, NE)
Tombstone school board dealing with new, old facilities Feb 12, 2009
It is being offered for 399,000 by the district s agent, Barbara Highfield of Tombstone Real Estate. Walters, of Pearce, spoke to the board Wednesday and said the global financial meltdown has affected the partners ability to get funding for their project. (Sierra Vista Herald, AZ)
Bernanke vows more transparency in battling crisis Feb 11, 2009
It also will include commercial real estate and get more seed money from the government's bailout fund $100 billion versus the $20 billion initially provided. With those changes, announced earlier Tuesday by Treasury Secretary Timothy Geithner, the program will be able to support as much as $1 trillion in lending, up from $200 billion first announced in late November. (San Francisco Chronicle -- Politics)
