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Friday, November 21, 2008 ( change date )
Only a Buyer Knows a Home's Value
The one point of widespread agreement in the real-estate industry: there is no single accurate index of home prices.
Real Estate Journal Friday, November 21, 2008Fannie, Freddie Halt Foreclosures
Fannie and Freddie suspend foreclosure sales and evictions on certain properties until January as it prepares for its loan-modification program. (Statements)
Real Estate Journal Friday, November 21, 2008Shocks in Commercial Mortgage Trigger Selloff in REIT Stocks
These days, everything has a knock-on effect. Earlier in the week, an analyst report on the potential default of a couple of commercial-mortgage deals caused a big hit to the corresponding credit market. That, in turn, has caused a selloff in the stocks of REITs.
Real Estate Journal Friday, November 21, 2008Babcock & Brown To Exit U.S. Mall and Multifamily Businesses
Babcock & Brown said this week that, "in light of global market conditions," it has decided to restructure its business to specialize in infrastructure investment. The decision is the result of a strategic review undertaken earlier this year in an effort...
Costar Friday, November 21, 2008Prime Retail Announces 20 Tenants to Open at New Grand Prairie Outlets
Prime Retail announced the identity of 20 retailers that recently signed leases to open outlet stores at Prime Outlets - Grand Prairie, the $100 million, 485,000-square-foot outlet shopping center Prime expects to open in time for the 2009 Holiday shopping...
Costar Friday, November 21, 2008BankAtlantic closing office in Orlando
BankAtlantic, a community bank based in Fort Lauderdale, will close its commercial real estate lending office in Orlando on Dec. 15 and consolidate operations in Tampa. (BBX)
bizjournals Friday, November 21, 2008Momentive laying off 32
Momentive Performance Materials Inc., a local manufacturer, has laid off workers in Ohio.
bizjournals Friday, November 21, 2008Treasurys Gain, and Bonds Feel Pain
Credit markets were at crisis levels, as investors flocked to Treasurys while dumping bonds tied to commercial real estate and corporate debt.
Real Estate Journal Friday, November 21, 2008Idexx completes major expansion
Idexx Laboratories Inc., a maker of animal health biotech devices, tests, software and diagnostic kits, completed a major expansion this month, adding a 200,000 square-foot building with offices and manufacturing space to its Westbrook, Maine, facility.
Mass High Tech Friday, November 21, 2008
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