Industry - Real Estate latest news

Cleveland, OH-based Developers Diversified Realty (NYSE: DDR), appointed Paul Freddo as senior vice president of development - western region. In this capacity, Freddo will oversee development activities for the company's portfolio of shopping center...

The future downtown Scottsdale could encompass more high-rise office buildings and condos, pedestrian friendly walkways, bridges and crossings, more free parking and circulator trolleys that link to other regional transit systems.

Technology container Corp., a Massachusetts-based producer of reusable, custom designed, corrugated plastic and paper distribution boxes, leased space at 1221 Centre Park in DeSoto, TX. It will now join Cintas in Building 1 of the Crossroads Trade Center...

TORONTO, ONTARIO (MARKET WIRE) Calloway Real Estate Investment Trust (TSX: CWT.UN) announced today that it will issue its financial results for the three and six months ending June 30, 2008 on Thursday August 7, 2008.

LAKEWOOD, CO (MARKET WIRE) MorningStar Assisted Living & Memory Care Residence at Applewood, a joint effort between MorningStar Senior Living and MacKenzie House, LLC, is pleased to announce its Grand Opening in July 2008. The new assisted living community, located at 2800 Youngfield Street in Lakewood, will host a Grand Opening Weekend July 25-27, from 10 a.m.-4 p.m. Guests will be able to tour the community, register to win prizes, enjoy a variety of chef-prepared refreshments and reserve their accommodations.

Lenders are triggering lawsuits from builders as they clamp down on construction financing. The disputes are turning heated as banks go after the builders' personal assets to recoup losses from soured housing developments.

National Retail Development Partners received an $11.5 million loan from Kennedy Funding Inc., a direct lending company out of Hackensack, N.J., for a mixed-use office and retail complex in Scottsdale to be called Ironwood Festival.

Mervyns LLC has stopped giving financial updates and may file for bankruptcy.

More colleges are starting to loosen their grip on campus housing and strike deals with specialized developers to help meet housing needs. For investors in the bruised world of REITs, student housing can be a defensive bright spot.

Anchor BanCorp Wisconsin Inc. said Tuesday that it is cutting its quarterly dividend by 44 percent because of the downturn in the economy. (ABCW)