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Million-dollar penthouse raffle falls short, condo prize withheld
News | www.bizjournals.com | 1 hour 31 minutes ago
A penthouse atop City Heights in downtown San Jose remains empty after the nonprofit organization InnVision failed to sell enough tickets to award the $1 million condominium as its Grand Prize.
http://www.bizjournals.com/sanjose/stories/2008/10/06/daily13.html?ana=from_rss
China’s regional governments support troubled markets
News | www.chinaeconomicreview.com | 2 hours 39 minutes ago
China’s regional governments have begun to support their troubled property markets. If it does not do this it is unlikely the nation is wwill sustain growth at more than 8% a year.
Investors nab big apartment portfolio in Duke City (at bizjournals.com)
News | albuquerque.bizjournals.com | 2 hours 53 minutes ago
In one of the largest apartment deals of 2008 in New Mexico, PCCP LLC and its Salt Lake City investors have acquired a three property apartment portfolio in Albuquerque’s Northeast Heights.
http://albuquerque.bizjournals.com/albuquerque/stories/2008/10/06/daily2.html?ana=yfcpc
Shares of hotel REITs drop amid global sell-off (AP)
News | biz.yahoo.com | 3 hours 16 minutes ago
Shares of hotel REITs drop amid global sell-off. - NEW YORK (AP) -- Shares of hotel real estate investment trusts dropped further on Monday amid a global market sell-off, after a gloomy forecast by Marriott International Inc. last week heightened investors' worries about the already-battered
http://biz.yahoo.com/ap/081006/hotel_reits_sector_snap.html?.v=1
World economy in trouble - a good time to buy
News | news.assetz.co.uk | 3 hours 43 minutes ago
With the headlines crying out that the world's economy is in trouble day after day, it may seem a strange time for so...
Citi, Wells Fargo Continue Battle Over Wachovia
News | www.commercialpropertynews.com | 3 hours 48 minutes ago
Despite the agreement made Friday between Wells Fargo Co. and Wachovia Corp. for the two companies to merge, drama was added to the situation Saturday when Citi was granted emergency injunctive relief extending the exclusivity agreement between Citi and Wachovia Corp. until further order of
Kenmore sells in Norway
News | www.propertyweek.com | 5 hours 9 minutes ago
Kenmore has sold an Oslo offices building and two property portfolios in Norway for around...
http://www.propertyweek.com/story.asp?sectioncode=297&storycode=3124320&c=1
KKR Financial shares tumble after downgrade (at MarketWatch)
News | www.marketwatch.com | 6 hours 41 minutes ago
BOSTON (MarketWatch) -- Shares of KKR Financial Holdings LLC lost more than 20% on Monday morning and were one of the steepest percentage decliners on the New York Stock Exchange. J.P. Morgan analysts on Monday cut their ratings on KKR Financial shares to neutral from overweight. The analysts in a
A Stock the Average Joe Can Understand: The St. Joe Co. (at Seeking Alpha)
News | seekingalpha.com | 7 hours 46 minutes ago
So now we know what Buffett meant when he said to invest in companies that you can understand. Fannie Mae (FNM), Freddie Mac (FRE), Enron, AIG (AIG) - these are companies that not even Ivy League MBAs understand. Let’s look at a company that is much simpler: The St. Joe Company (JOE).
Binswanger Named Exclusive Agent for Sale of Major Property in Ulmer, South Carolina - Zibb.com
Press Release | www.zibb.com | 3 hours 54 minutes ago
Binswanger has been named exclusive agent by Mohawk Industries for the sale of a prime, one-story, 241,175 sq. ft. building on 103 acres at Highway 301 Multitex Street in Ulmer, South Carolina. This quality building features reinforced concrete floors; masonry and metal panel walls; ceiling heights
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