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Tuesday, October 21, 2008 ( change date )
IN THE PIPELINE (Oct. 19-25) Gotham Begins to Rise In NY
In this week's edition, Tishman Speyer's long-planned Gotham Center megaproject in Long Island City, Queens gets under way. On the West Coast, an $850 million project on a former landfill site in Los Angeles County by LNR Property Corp. and Hopkins Real...
Costar Tuesday, October 21, 2008Macau Gambling Slows
Tougher travel restrictions and the credit crisis are posing a serious threat to Macau's status as the gambling industry's biggest growth engine.
Real Estate Journal Tuesday, October 21, 2008Centerline Holding in Danger of Default
Centerline Holding may not be able to meet its near-term debt obligations, Moody's warned Friday while cutting the company's credit rating deeper into the junk territory.
Real Estate Journal Tuesday, October 21, 2008Primaris Retail REIT: Primaris Retail REIT Announces October Distribution
TORONTO, ONTARIO (MARKET WIRE) Primaris Retail REIT (TSX: PMZ.UN) announces today its October 2008 monthly distribution in the amount of $0.1016. Payment will be made on november 17th, 2008 to holders of record as of October 31st, 2008.
Marketwire.com Tuesday, October 21, 2008Mortgagebot: Mortgagebot Forms POS Marketing Agreement With Byte Software
MEQUON, WI (MARKET WIRE) Despite the unsettled conditions in today's mortgage marketplace, Americans are still buying homes at a solid pace -- and they're increasingly searching for low mortgage rates on the Internet. More than 70 percent of mortgage applicants now use the online channel for mortgage shopping(1), and savvy mortgage lenders understand that having an effective mortgage Web site is not an option, but a business necessity.
Marketwire.com Tuesday, October 21, 2008Paris Towers on Block at Tough Time
Lehman Brothers paid a European record $2.81 billion for the Coeur Defense office complex in Paris last year. A resale may fetch far less.
Real Estate Journal Tuesday, October 21, 2008Grosvenor Launches China Fund
Grosvenor, a U.K. real-estate development and investment firm, launched a $600 million fund that will invest in China's shopping malls.
Real Estate Journal Tuesday, October 21, 2008Credit Line Is Key for Gramercy
Gramercy Capital investors will focus on its ability to maintain credit lines from its lenders. A failure to do so could put the company's survival in doubt.
Real Estate Journal Tuesday, October 21, 2008Mall Landlords Gain Ad Space
As mall and shopping-center owners lose tenants in the souring economy, they are at least gaining something else: more advertising space.
Real Estate Journal Tuesday, October 21, 2008Cold Weather, Hot Market
Property owners in the Anchorage region have benefited from higher oil prices that increased demand for the state's energy deposits.
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