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Tuesday, November 11, 2008 ( change date )
IN THE PIPELINE (Nov. 9-15): Private Developer Takes Over Military Housing Projects
In this week's edition, a Texas and California-based partnership takes over development and operation of military housing at bases in Georgia, Florida, Massachusetts and Arkansas; Cleveland-based Forest City Enterprises lands financing for three development...
Costar Tuesday, November 11, 2008Beutler buys two Sacramento companies
Beutler Corp. on Monday announced it has acquired Northstar Plumbing & Construction Inc. and New Age Fire systems Inc.
bizjournals Tuesday, November 11, 2008Cancellations Hit Toll Brothers
Toll Brothers said home cancellations were up sharply as traffic hit a record low, due to the recent worsening of the financial crisis.
Real Estate Journal Tuesday, November 11, 2008Sands to Raise $2 Billion, Halt Casinos
Las Vegas Sands said it has secured more than $2 billion in capital-funding commitments and also will suspend casino developments.
Real Estate Journal Tuesday, November 11, 2008Arby's in Fort Worth Trades for $1,068 PSF
Christopher and Maria Georgiou purchased the Arby's restaurant property at 3788 Boat Club Drive in Fort Worth last month from a private group for a reported $3.26 million, or approximately $1,068 per square foot.
The single-story, 3,052-square-foot...
Costar Tuesday, November 11, 2008Residential-TIC Tack Hits Snags
Tenant-in-common structures on residential buildings are proving a tough sell in a difficult housing market.
Real Estate Journal Tuesday, November 11, 2008Gulf Firms Retrench Amid Crisis
Damac Group, owner of big Mideast private developer Damac Properties, said it will shed 200 jobs. Alba, which operates one of the Middle East's biggest smelters, said the company may delay a big capacity expansion.
Real Estate Journal Tuesday, November 11, 2008Fewer companies willing to pay for green
Companies are demanding green buildings but are less willing to pay for environmentally friendly office space compared to last year, according to a new survey from CoreNet Global and Jones Lang LaSalle.
bizjournals Tuesday, November 11, 2008Ocean Bank adds townhome project to list of foreclosures
Ocean Bank has filed yet another foreclosure action, this one on a 128-unit town home project in Miami.
bizjournals Tuesday, November 11, 2008West Valley Properties, Rawson, Blum & Leon form new company
West Valley Properties Inc. of Los Altos and Rawson, Blum & Leon of San Francisco said Tuesday they joined to form a new company which will focus on retail and commercial properties in the western United States.
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