Real estate news and real estate widget

Investment in Denver-area commercial real estate was down in all categories except apartment properties for the 12 months through the second quarter, according to LoopNet Inc. (LOOP)

Japan has seen a raft of property developers go to the wall this year as banks have refused to refinance their loans. Analysts say the bankruptcy filings are likely to set off a vicious cycle that will weigh on the sector's shares in the coming months.

Millennium Bankshares Corp. reported increased losses because of the struggling real estate market. (MBVA)

Wachovia Corp. has sold a reported $40 million in development loans to LandCap Partners, a Los Angeles real estate firm. (WB)

Pacific office Properties, the real estate investment trust affiliated with The Shidler Group has acquired seven office complexes in Southern California for $195 million.

The exterior renovation is complete on the historic downtown Denver building that will become Sage Hospitality Resources LLC’s new headquarters in early 2009, project architect Klipp said Wednesday.

American entrepreneur David Chambers is at the center of a monster-flagpole building frenzy in Central Asia and the Middle East. His small company is in demand as nations seek to own the tallest flagpole on record.