To The Rescue: Real Estate Has More Questions Than Answers on TALF Program
Debate over how, or even whether, the Obama administration’s economic recovery plan will help restore liquidity to troubled commercial real estate markets has been a spectator sport at industry events this year. Over the last week, some of the key…
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Ritz Camera Files Bankruptcy
Ritz Camera, the country’s largest chain of camera/photography stores, has filed bankruptcy. The company listed assets and liabilities between $100 million and $500 million in its filing. The company’s sales, much of which were based on photo processing…
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23 jobs California man has held in 23 weeks
Daniel Seddiqui, 26, of Los Altos, Calif., has had 23 jobs in 23 states in the past 23 weeks.
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FelCor ‘B’ Rating Placed On CreditWatch With Negative Implications
HILL COMPANIES INC – FelCor ‘B’ Rating Placed On CreditWatch With Negative – Implications Feb.
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CoStar’s Retail News Roundup: Feb. 22 to 28, 2009
This week in the Retail Roundup, CoStar reports on expansions or new concepts at Whole Foods, CVS, Denny’s, and Giant Eagle; new retail development news in Memphis and Santa Monica; acquisition, merger, loan or sale activity at Burnham USA; closings,…
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Coldwell Banker Residential Brokerage Appointed to Manage Luxury Sales Program at Heron Bay
Minerva Properties is pleased to announce the appointment of Coldwell Banker Residential Brokerage to manage the luxury custom home sales, direct lot sale program and sales of homes by award-winning John Wieland Homes and Neighborhoods at Heron Bay Golf and Country Club, their flagship, master-planned golf community located in Henry County. A team of experienced new home sales specialists will be handling the sales for Heron Bay from the community’s one-stop sales center in The Lodge at Heron Bay. The new team includes sales manager Meril Missbach and on-site sales agents Sherry Driver and Josh Irwin.
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Housing Development Rejected
Benson County officials have narrowly rejected a proposal for a housing development next to Grahams Island State Park.
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Crisis delays Asian projects
Construction of South Beach has not yet begun. Cautious Asian property developers are delaying some residential projects and reconsidering others during the worldwide crisis which has tightened funding and …
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Continue reading “Developers Diversfied reports loss, will pay part of dividend in company stock”
Posted by Michelle Jarboe/Plain Dealer Reporter February 23, 2009 10:59AM Developers Diversified Realty posted a loss for the fourth quarter and decided to pay its shareholder dividends through a mix of cash …
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Condo Trends: Marketing Efforts Turn to High Fashion
It may not be the traditional way of unveiling new loft condos in an urban setting, but a Chicago developer hosted a warehouse fete complete with svelte models, tight fitting promotional t-shirts on a runway, and strobe-highlighted music. The promotional center piece? Eco-friendly loft condos in Chicago’s trendy community of Bucktown.
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