DC-area developer Jeff Neal gives the Huffington Post Investigative Fund a tour of empty commercial properties just blocks from the Capitol. Hundreds of small and medium-size banks are facing huge numbers of possible defaults by builders who erected thousands of office towers, condominiums and shopping centers with the easy credit available five years ago. Video Rating: 4 / 5
Housing Crisis – Analysis and Discussion with Harrison LeFrak of LeFrak Organization: Commercial Real Estate is in a Slow-Motion Car Crash; No Green Shoots Ahead (Bloomberg News)
Commercial real estate leaders to convene at W&M
From PR Newswire WILLIAMSBURG — The Mason School of Business at the College of William & Mary will host “Reinventing Real Estate” next month with several of the nation’s most prominent commercial real estate leaders. Read more on The Virginia Gazette
Real estate transactions
OFFICE: Boxer Property has purchased One Northwest Centre, a six-story, 151,835-square-foot building at 13831 Northwest Freeway. Darrell Betts and David Chuoke of Cushman & Wakefield represented the seller, Western National Life. Constructed in 1983, One Northwest Centre is 53 percent occupied. Read more on Houston Chronicle
Commercial Real Estate Loan Prices Rise in August
BOSTON—-The aggregate value of Commercial Real Estate loans priced by DebtX that collateralize CMBS increased to 81.0% as of August 31, 2010 from 79.4% as of July 30, 2010. Loan values were 77.0% as of August 31, 2009. Read more on Business Wire via Yahoo! Finance
Real estate agents slump
A shake-up in the real estate industry has caused more than 1400 agent licences to be suspended or cancelled.Although a number of factors contributed to the decline, the sluggish property market and a higher registration cost… Read more on The New Zealand Herald
Prominent Local Real Estate Broker Missing
Veteran commercial real estate broker Ed Rosenthal was reported missing Sunday evening after his car was found left over the weekend at the Black Rock campground in Joshua Tree National Park. Read more on Los Angeles Business Journal
This comemercial was written, cast, and produced by my company 689 Design (my partner is Zander Vera). This is your standard create need, sell product commercial. We had a GREAT time making, thanks to Royce our STAR actor and the rest of the guys and gals. Thanks to Irvine Studios, especially Dyanna Lynn who made this possible. Anyhow, we found this spot funny and the client was good enough to let us do it.
Renters Love New York as Commercial Real Estate Demand Comes Back
Manhattan real estate is bouncing back. Read more on Indie Research via Yahoo! Finance
Banca Profilo, Sator Deny Studying Bid for Pirelli Real Estate
Sator and Banca Profilo have never considered an acquisition of Pirelli’s real estate unit, a spokesman for Profilo and Sator said by phone. Italian magazine Il Mondo reported today that Morgan Stanley may invest as much as 200 million euros (4 million) in an offer, while a group of investors, led by Arpe and former Pirelli Real Estate executive Carlo Puri Negri , may contribute another 200 … Read more on Bloomberg
I do not invest in the stock market. I like to invest my money in something that I can see and touch like real estate. Please respond if you are ready to sell today for Fast Cash. I really like note receivables, I will buy them internationally. But will buy most any type of real estate in Texas if the price is right.
