Last holdouts at eroded bay enclave leaving soon
The last holdouts on Sea Breeze’s south end have agreed to sell their homes to the state, signaling the beginning of the end of this isolated Delaware Bay community in Cumberland County.
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MLS: Build the best mobile real estate app…
Inman News Rockville, Md.-based Metropolitan Regional Information Systems Inc., the nation’s largest multiple listing service, is offering a $100,000 grand prize to the creator of a “cool and innovative mobile app” for the real estate industry.
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Real Money: Capital Raisings
Lennar Corp. in Miami, FL, agreed to sell $250 million principal amount of 6.95% senior notes due 2018 and $250 million principal amount of 2% convertible senior notes due 2020. Lennar plans to use approximately $200 million from the net proceeds to fund…
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Realogy makes case to index all IDX listings at franchisor websites
NAR work group will consider proposal, develop guidelines
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Mall, Shopping Center REITs See Brightening Retail Landscape
With consumers spending more at U.S. malls and shopping centers this year, retail REITs reported improved first quarter operating results, stronger store sales and stepped up leasing activity as occupancies, rents and other fundamentals showed signs of…
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Lease Up (May 9-15): Bain Capital, GE Expand
CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a concise read keeping you updated on major corporate moves affecting commercial real estate, and can also be a valuable source for…
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Kansas City-area homes cut list prices by $30.3M
Kansas City-area homes for sale have cut their list prices by a combined $30.3 million in the past year, according to a report from real estate website Trulia.com.
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River Bend marina faces foreclosure
The company that operates the River Bend Marine Center in Fort Lauderdale has been hit with a foreclosure action – the fourth against a company led by Palm Beach investor Robert V. Matthews.
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Federal Reserve Boosts Oversight of Carolina First Bank
The South Financial Group, Inc. in Greenville, SC, entered into a written agreement (the Federal Reserve System that provides, among other things, that the holding company must serve as a source of strength to its subsidiary Carolina First Bank, and that…
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Dow loses 162 points, but Dish Network up 4%
The Dow fell 162 points Friday, but still finished the week up 239 points from last Friday’s close. In Colorado, Dish Network and Newmont Mining were among a few actively traded gainers.
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