Trendy shopping centers not always a hit May 2, 2009
Greensboro-based began developing Village at North Elm in 2004, shortly before selling Four Seasons Town Centre mall to a Chicago-based real estate investment trust for more than $130 million ... Much of the bloom has come off the rose of the lifestyle trend, says Pete Compton, a real estate economist with in Boston ... Stay up to date on the latest news from within the commercial real estate industry. (Triad Business Journal, NC)
BofA to object to stress-test findings Apr 30, 2009
Industry analysts say some regional banks, especially those with large portfolios of commercial real estate loans, likely fared poorly on the stress tests ... Stay up to date on the latest news from within the commercial real estate industry. (Triad Business Journal, NC)
Willamette Valley Bank gets TARP funds Apr 30, 2009
1 million worth of real estate in Q4 2008, its capital reserves and other measures of health exceed the guidelines for healthy banks ... Portland Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (The Business Journal of Portland, OR)
Exclusive Subscriber Content Apr 28, 2009
Print Edition - Charlotte Business Journal. for free extra services. (Charlotte Business Journal, NC)
Election Preview: Highland Village City Council, Place 3 Apr 28, 2009
Occupation: Real estate broker. Goals: To explore and implement all possible opportunities for Highland Village to maintain steady forward progress with the ultimate end goal being the shared vision of our citizens knowing that Highland Village is always the best it can possibly be in all areas. (McKinney Courier-Gazette, TX)
New owner for Old North State Club? Apr 19, 2009
Charlotte Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Charlotte Business Journal, NC)
BB&T Rises as Bank Beats Analysts' Estimates, Loan Losses Seen Moderating Apr 18, 2009
BB&Ts reliance on commercial real estate loans prompted Standard & Poors Corp. in March to lower its outlook to negative from stable. Analysts at Calyon Securities and Stifel Nicolaus also issued sell ratings citing deteriorating credit quality and BB&Ts reliance on markets in North Carolina, South Carolina and Georgia, where unemployment rates exceeded the U.S. average of 8. (Bloomberg -- US)
Doraville businesses form association Apr 18, 2009
Other leaders of the group include the owners of a local car dealership and real estate office and a local banker ... Stay up to date on the latest news from within the commercial real estate industry. (Atlanta Business Chronicle, GA)
Virginia joins battle for Arevas office expansion Apr 18, 2009
But this week, a spokeswoman for Areva NP said it is reviewing several real estate options here and in Lynchburg, Va ... Areva NP has hired to handle its real estate search in Charlotte ... Charlotte Real Estate. (Charlotte Business Journal, NC)
Commercial real estate sales plunge Apr 18, 2009
Commercial real estate sales plummeted across the globe with transactions dropping in the first quarter more than 70 percent from the end of 2008, according to a report released this week by Real Capital Analytics ... San Jose Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (San Jose Business Journal, CA)
Beige Book: Glimmer of light for Southeast Apr 17, 2009
Commercial real estate sales were sluggish and vacancy rates increased, but some contacts observed moderate increases in leasing activity ... A contact in Greensboro reported increased activity in residential real estate, with more than 180 showings in one recent weekend ... Charlotte Real Estate. (Charlotte Business Journal, NC)
Luther Forest seeks consultants Apr 17, 2009
Luther Forest seeks construction, real estate consultants - The Business Review (Albany) ... Luther Forest seeks construction, real estate consultants ... economic development officials are searching for consultants to provide construction management and real estate development advice to campus officials on future construction projects. (Albany Business Review, NY)
Womble Carlyle cuts salaries Apr 17, 2009
5 million square feet in D.C. s East End and the Central Business District 39 percent of the Class A space in those commercial real estate submarkets, according to data from real estate services firm ... Over the past 12 months, D.C. law firms have put more than 850,000 square feet of space into the subleasing market, said John Sikaitis, vice president of research with the D.C. office of Jones Lang LaSalle, an international real estate services firm ... Washington Real Estate. (Washington Business Journal, DC)
Four Seasons owner files for bankruptcy Apr 17, 2009
According to the Chicago-based real estate investment trust, which owns four other malls in North Carolina, about 158 regional shopping centers owned by General Growth and some of its subsidiaries filed for protection as well ... Stay up to date on the latest news from within the commercial real estate industry. (Business Journal of the Greater Triad Area)
Hill Country Galleria posted for foreclosure Apr 16, 2009
In the many years that Opus West has been in business, we have not ever seen such a sharp decline in the real estate market and availability of refinancing capital, said Hewett ... Stay up to date on the latest news from within the commercial real estate industry. (Austin Business Journal, TX)
Park Avenue West construction halts Apr 16, 2009
Financing is not available for real estate projects right now, even ones with leases, said Vanessa Sturgeon, president of TMT. ... Portland Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (The Business Journal of Portland, OR)
Location, location, location Apr 15, 2009
According to the latest analysis by locally based real estate firm , the far North Side office submarket which includes Shavano Commons recorded a vacancy rate of 22 ... San Antonio Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (San Antonio Business Journal, TX)
Can Solar Power Resurrect the Housing Market? Apr 10, 2009
Facing growing costs and shrinking tax revenue, the Florida Legislature is now threatening to cut funding this year for the state's Forever Florida program, which uses fees from real estate transactions to conserve ecologically important land. Crist has said he supports continuing funding for the program, as does 67 percent of Floridians who responded to a recent poll conducted by the Nature Conservancy and other environmental groups. (Scientific American)
Alston & Bird Lays Off 14 Associates, 38 Staff Apr 4, 2009
Associates affected by Friday's layoff are in transactional practices including real estate and finance, said Hays. "The financial and real estate markets have been hit the hardest by the recession and that is reflected in law firms," he said. (Law.com)
Learning life lessons ... Idaho Power sets meeting on power plant ... Funding shortfall may spark inmate early-release agenda ... Wanted: A new superintendent ... Work continues on Payette road project ... Otter, JFAC, House chiefs wrangling over PC cuts ... Milwaukie High teacher accused of sex abuse ... ';var marqueewidth="440px";var marqueeheight="25px";var marqueebgcolor="#";////NO NEED TO EDIT BELOW THIS LINE////////////var pauseit=1;var marqueespeed=1 //slow speed down by 1 for NSvar copyspeed=marqueespeedvar pausespeed=(pauseit==0)? copyspeed: 0var iedom=document.all||document.getElementByIdif (iedom)document.write(''+marqueecontent+'')var actualwidth=''var cross_marquee, ns_marqueefunction populate(){if (iedom){cross_marquee=document.getElementById? document.getElementById("iemarquee") : document.all.iemarqueecross_marquee.style.left=parseInt(marqueewidth)+8+"px"cross_marquee.innerHTML=marqueecontentactualwidth=document.all? temp.offsetWidth : document.getElementById("temp").offsetWidth}else if (document.layers){ns_marquee=document.ns_marquee.document.ns_marquee2ns_marquee.left=parseInt(marqueewidth)+8ns_marquee.document.write(marqueecontent)ns_marquee.document.close()actualwidth=ns_marquee.document.width}lefttime=setInterval("scrollmarquee()",20)}window.onload=populate;function scrollmarquee(){if (iedom){if (parseInt(cross_marquee.style.left)>(actualwidth*(-1)+8))cross_marquee.style.left=parseInt(cross_marquee.style.left)-copyspeed+"px"elsecross_marquee.style.left=parseInt(marqueewidth)+8+"px"}else if (document.layers){if (ns_marquee.left>(actualwidth*(-1)+8))ns_marquee.left-=copyspeedelsens_marquee.left=parseInt(marqueewidth)+8}}if (iedom||document.layers){with (document){document.write('')if (iedom){write('')write('')write('')write('')}else if (document.layers){write('')write('')write('')}document.write('')}} New Plymouths Clancy Johnston takes a minute to visit with his three lambs before heading off to school. Johnston and his family are sheep breeders and sell many of their young lambs to 4-H members. The mother of these three baby lambs, Fern (left), has been a very successful mother, dropping three lambs this year and twins last year.Learning life lessons Apr 3, 2009
NEWSPAPERS IN EDUCATION. Things like feeding and watering the animals along with the clean up and care for the sheep to help them maintain a healthy life. (Ontario Argus Observer, OR)
Local real estate firms merge Apr 3, 2009
We couldn t be more excited about the opportunity in this market to combine offices enabling us to provide the best service RE/MAX has to offer, says Cindy Sikorski, co-founder of RE/MAX Executive, which has 184 real estate agents in five offices. RE/MAX Select Properties, which opened in January 2007, has 20 real estate agents and one office ... Charlotte Real Estate. (Charlotte Business Journal, NC)
Union seeks ouster of BofAs Lewis Apr 1, 2009
Union seeks ouster of BofAs Lewis - Charlotte Business Journal. for free extra services. (Charlotte Business Journal, NC)
Human Capital: People on the move, Mar. 25 Mar 26, 2009
Lynch is senior vice president of the real estate and financial service practice areas ... Stay up to date on the latest news from within the commercial real estate industry. (Boston Business Journal, MA)
Treasury Dept. details plan to buy toxic assets Mar 24, 2009
The Treasury Department plans to partner with private investors to buy $500 billion in real estate loans and mortgage-backed securities from banks ... Stay up to date on the latest news from within the commercial real estate industry ... Washington Real Estate. (Washington Business Journal, DC)
Learning how to rebuild endowments Mar 24, 2009
More colleges began relying less on stocks and bonds and more on hedge funds, private equity investments, venture capital and real estate investments ... Stay up to date on the latest news from within the commercial real estate industry. (Albany Business Review, NY)
Bank of America Stuck With Real-Estate Chief's Unsold House as Prices Fall Mar 21, 2009
Bank of America Stuck With Real-Estate Chiefs Unsold House - Bloomberg. Updated: New York, Mar 21 03:56 London, Mar 21 07:56 Tokyo, Mar 21 16:56. (Bloomberg)
Grammar School opened in 1916 Mar 20, 2009
She was shown a rough plan to tear down the community center building and divide the underlying real estate into 11 lots to be sold with the funds used to build a new but smaller community center near the police station. She regarded such destruction as an historical disaster. (Sonoma Index-Tribune, CA)
Cogdell Spencer hires Eric Mower Mar 19, 2009
Eric Mower will help the real estate investment trust with branding and development of national marketing programs ... Charlotte Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Charlotte Business Journal, NC)
Treasury to buy $15B in SBA securities Mar 18, 2009
Lending through the 504 program, which primarily finances real estate, is down 47 percent ... Stay up to date on the latest news from within the commercial real estate industry ... San Antonio Real Estate. (San Antonio Business Journal, TX)
Lowe's eyes smaller stores Mar 18, 2009
For example, sometimes Lowe s real estate unit decides that the high cost of land and construction at a proposed site can t be justified, even though the store will produce $50 million in annual sales, Stone said ... Stay up to date on the latest news from within the commercial real estate industry ... Charlotte Real Estate. (Charlotte Business Journal, NC)
NASDAQ OMX Europe Announces Launch of New Dark Pool Platform Mar 17, 2009
Source: The NASDAQ OMX Group, Inc.. LONDON, March 17, 2009 (GLOBE NEWSWIRE) -- NASDAQ OMX Europe today announced its intention to launch a new pan-European Dark Pool, NEURO Dark. (Primezone Releases)
TCAR names Stroud its Realtor of the Year Mar 14, 2009
Vision, hard work and integrity have made him one of the most highly regarded commercial real estate professionals in North Carolina, the Triangle Commercial Association of Realtors said of Stroud in a written statement. Stroud has been in commercial real estate in the Triangle area since 1965 ... Stay up to date on the latest news from within the commercial real estate industry. (Raleigh Triangle Business Journal, NC)
Office complex could become incubator Mar 14, 2009
The idea is to offer affordable space to young companies with uncertain real estate needs ... Buttross' philosophy and users' concern with cost is a healthy approach to real estate, says Lila Nelson Beard, a broker with ... That cost-conscious approach is in sharp contrast to the last real estate cycle, which heated up in the late 1990s, she says. (Austin Business Journal, TX)
Large office complex proposed for Roswell Mar 14, 2009
4 million square feet of office space and 18,000 square feet of commercial real estate at Old Roswell Road and Old Ellis Road ... Plans for North Village coincide with a difficult lending environment and one of the toughest commercial real estate cycles in at least a generation ... Atlanta commercial real estate began to slow last year, as the lending markets grinded to a halt. (Atlanta Business Chronicle, GA)
Allen Tate to close 3 Triad offices Mar 12, 2009
The decision comes in response to a slow real estate market and will save the company money on leases and operating costs, though it wasn t immediately clear how much the company will save. The past year has been a rough one for the real estate industry, with new and resale home sales dropping 30 percent in the Triad ... Stay up to date on the latest news from within the commercial real estate industry. (Triad Business Journal, NC)
The Kitchens are Heating Up at The International Culinary Schools at The Art Institutes for the Best Teen Chef Local Cook-off Competitions Coast-to-Coast Mar 12, 2009
Source: The Art Institutes. PITTSBURGH, March 11 /PRNewswire/ -- Who will be the Best Teen Chef 2009. (Yahoo! Wire -- Entertainment News)
Highland Village: 5 run for council Mar 12, 2009
Wilcox, 49, lists her occupation as a real estate agent ... Jeanetta Collier, 47, also a real estate agent, is a former member of the Highland Village Planning g Commission. (McKinney Courier-Gazette, TX)
Wells works to ignite Wachovia as growth engine Mar 10, 2009
To limit damage from the current financial storm, Wells curtailed some commercial real estate lending and moved quickly to work with Wachovia s troubled mortgage borrowers. Ahead of the merger s closing, Wachovia sold investment and trading securities to reduce risk. (Charlotte Business Journal, NC)
Grim forecast for U.S. home-buying season Mar 9, 2009
"The further you get from the city, the more prices have declined, and that's where we see sales increasing," said Glenn Kelman, chief executive of Redfin, a real estate brokerage firm ... Home sales fell nationally in January, reflecting a drop in the Northeast, which, along with parts of the Northwest and South, had lagged behind the real estate downturn in the Southwest ... Real estate sales have also slumped in cities like San Francisco and Seattle, which previously seemed impervious. (International Herald Tribune -- Business)
Lawyers, bankers wary of cramdowns Mar 4, 2009
Chapter 12 allowed basically this cramdown idea on real estate, where essentially what a debtor could do was file at the bottom of the recessionary cycle, and have the debtor s farm valued at whatever the current value was regardless of what the mortgage amount was, says Jim Burghardt, a Denver-based attorney who represented agricultural banks at the time ... Stay up to date on the latest news from within the commercial real estate industry ... Charlotte Real Estate. (Charlotte Business Journal, NC)
Canwest Conventional Television Licence Application Reflects Industry Reality Mar 4, 2009
Source: Canwest Global Communications Corp.. WINNIPEG--(BUSINESS WIRE)--Canwest Global Communications Corp. (Canwest or the Company) said its conventional television licence renewal application reflects the countrys outdated regulatory environment and the challenges of the current marketplace on the sector. (Yahoo! Wire -- Entertainment News)
GMAC Financial Services Appoints Jeffrey Brown as Corporate Treasurer Mar 4, 2009
GMAC specializes in automotive finance, real estate finance, insurance, commercial finance and online banking. As of Dec. 31, 2008, the organization had $189 billion in assets and serviced 15 million customers around the world. (PR Newswire)
Redevelopment is the best hope for our east Lodi community Mar 3, 2009
edumacation wrote on Mar 2, 2009 3:41 PM:" WudbridgeGal- I hope you have income especially if you leave in Woodbridge. If you are a professional and recently out of work I bet you were probably in the Real Estate or Mortgage business? I am a woman, and I don't have any openings at the present. Unless you are REALLY good programming C++, Perl and Python. Visit the CA state unemployment office and I'll look for your application. IF you don't have this skill set, go to Delta city college, take few... (Lodi News Sentinel, CA)
Baltimores nonprofits brace for cuts from largest benefactors Feb 28, 2009
4 percent for those foundations that lost assets, which includes endowments, cash reserves and real estate ... Baltimore Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Baltimore Business Journal, MD)
Duke moves HQ to new Wachovia tower uptown Feb 27, 2009
Duke moves HQs to Wachovia tower - Charlotte Business Journal. for free extra services. (Charlotte Business Journal, NC)
Missoula’s Lambros moves into Helena market (39) Feb 22, 2009
At a time when the state s real estate market is in the doldrums, one firm with aggressive expansion plans recently landed its first presence in the Helena market. As of the first of the month, 14-year-old Bill Bahny iates ERA of Helena merged with Lambros ERA of Missoula, becoming the ninth and easternmost office for the growing real estate company from the Garden City ... They say that if you have cash, you re king, and it s no different in the real estate market. (Helena Independent Record, MT)
Global Society Makes Fun Geography Lessons More Important than Ever Feb 21, 2009
NEWSPAPERS IN EDUCATION. "With this map in the room, you get very familiar with the world," says Nancy Webber, an instructor at West Charlotte High School in Charlotte, N. C. As chairperson of the Social Studies department, she's purchased several of the maps for her school district. (Ontario Argus Observer, OR)
Bank of Granite falls below FDICs capital mark Feb 20, 2009
Bank of Granite set aside that money primarily because of $20 million in deteriorating loans tied to one big real estate development, and a $4. 5 million real estate development loan that is in default. (Charlotte Business Journal, NC)
United Way names campaign chair Feb 18, 2009
He serves on several boards, including those of United Way of Central Carolinas, Crime Stoppers, Stop Child Abuse Now, Lake Norman Home Builders Association, Iredell County Board of Equalization & Review and The Real Estate and Building Industry Coalition ... Charlotte Real Estate ... Stay up to date on the latest news from within the commercial real estate industry. (Charlotte Business Journal, NC)
New look for new hospital Feb 17, 2009
Some of this time, candidly, is an opportunity for us to take a big breath and make sure we get it right, says David Park, Novant s senior vice president of real estate and construction ... Stay up to date on the latest news from within the commercial real estate industry ... Charlotte Real Estate. (Charlotte Business Journal, NC)
The Charlotte Hungerford Hospital posts operating surplus for 2008 Feb 13, 2009
The Republican-American. Friday, February 13, 2009 3:12 AM EST. (Republican-American)
Commercial, multifamily mortgage originations fall Feb 12, 2009
The year-over-year drop was seen across all property types and investor groups, according to the D.C.-based association that represents the real estate finance industry ... Commercial and multifamily mortgage lending slowed to a trickle in the fourth quarter, said Jamie Woodwell, vice president of commercial real estate research at the association, in a statement ... Stay up to date on the latest news from within the commercial real estate industry. (Washington Business Journal, DC)
Cogdell Spencer Announces Nurkin as President of the Mid-Atlantic Region Feb 11, 2009
The Company offers integrated healthcare real estate services from strategic planning to development and delivery to long term ownership and management ... His prior experience includes the analysis of various investments, including real estate, public/private equity and derivative instruments ... Charlotte-based Cogdell Spencer Inc. (NYSE: ) is a fully-integrated, self-administered, and self-managed real estate investment trust ("REIT") that invests in specialty office buildings for the medical... (PR Newswire)
Loge box sales open at Intrust Bank Arena Feb 11, 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. (Wichita Business Journal, KS)
Reports: Formula One team coming to area Feb 8, 2009
Stay up to date on the latest news from within the commercial real estate industry ... Charlotte Real Estate. (Charlotte Business Journal, NC)
Builders Using Real Estate Auctions to Stimulate Business Feb 8, 2009
Real Estate News and Advice ... In an effort to stimulate business in what are for most the worst economic conditions in their lifetimes, builders are turning to real estate auctions to liquidate new home inventories ... Traditional real estate listings typically take several months or more to move a property. (RealtyTimes)
This Week in Print Feb 7, 2009
Print Edition - Charlotte Business Journal. for free extra services. (Charlotte Business Journal, NC)
Steven G. Anderson Apr 1, 2008
CryoLife in pact with GE Healthcare Financial Services - Atlanta Business Chronicle. Members: Not Registered. (Atlanta Business Chronicle, GA)
M&T adding jobs in Albany Apr 1, 2008
M&T adding jobs in Albany - The Business Review (Albany). Members: Not Registered. (Albany Business Review, NY)
Print Edition Mar 29, 2008
Members: Not Registered. for free extra services. (Charlotte Business Journal, NC)
Martha Stewart Living Omnimedia Announces Election of Charlotte Beers and Todd Slotkin to the Board of Directors Mar 29, 2008
Source: Martha Stewart Living Omnimedia, Inc.. NEW YORK, March 28 /PRNewswire-FirstCall/ -- Martha Stewart Living Omnimedia, Inc. (NYSE: - ) today announced that its Board of Directors has elected Charlotte Beers and Todd Slotkin as members of the Board of Directors. (Yahoo! Wire -- Entertainment News)
'For sale' signs are up at old bank branches Mar 25, 2008
Jim Courtney Ciminelli Real Estate Corp.'s Ann Duggan and Robert McDonnell in front of a former bank branch in Getzville ... Hitting the real estate market is the first wave of buildings that previously housed former branches of and ... which handles First Niagara Bank real estate matters in New York state, was retained to sell or lease six recently closed branches. (Buffalo Business First, NY)
Eileen Bagnoli Mar 25, 2008
Pioneer Bank to move out of Latham Circle Mall - The Business Review (Albany). Members: Not Registered. (Albany Business Review, NY)
Re/Max Realty Professionals to market BGS subdivisions Mar 25, 2008
"BGS Cos. are updating the developments to ensure the look and feel of what was originally intended," says Kirk Short, broker and co-owner of the real estate company. "We're going to make them feel vibrant.". (Wichita Business Journal, KS)
Industry leaders forecast skittish real estate market, tough financing Mar 21, 2008
This year leaves the business community -- and the real estate industry in particular -- with even more questions about what's in store for 2008 and beyond ... Instead of asking a psychic to read the future, the Phoenix Business Journal asked real estate and construction industry experts for their take on the economy -- the good, the bad and the uncertain ... What is the greatest concern facing local real estate and construction companies in 2008. (Phoenix Business Journal, AZ)