Category: commercial real estate
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Wicker Inn sells for $4.2 million via The Observer
The Wicker Inn sold for $4.2 million Friday, June 11, according to Reid Murphy, who represented both the buyer and seller for the transaction. According to Murphy, the resort, which is located at 5581 Gulf of Mexico Drive, was listed…
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445 PALM SARASOTA | MLS# A3925257 | SARASOTA Condo For Sale
445 PALM SARASOTA | MLS# A3925257 | SARASOTA Condo For Sale.
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More Homeowners Falling Behind on Mortgages
About one in seven American households with mortgages is behind on payments or in foreclosure, according to new data from the Mortgage Bankers Association. That is up from about one in 10 a year ago.
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Will Bond Plan Have Teeth?
The $400 million loan represents about half of the value of the underlying properties. By comparison, in the years before the financial crisis erupted in mid-2007, banks were willing to lend more than 70% of a property’s value because the…
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Troppe gets Hands on another Downtown Akron Building — “Thank Goodness!”
Tony Troppe renovating historic Kaiser Building for use as cafe, offices across from Canal Park
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AIG agrees to sell 2 NYC buildings
The embattled insurer American International Group Inc. is selling its headquarters building in New York and a nearby building in a deal expected to close at the end of this summer, a person familiar with the matter said Wednesday.
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NAR issues “cautionary” advice in its Commercial Real Estate numbers
The National Association of Realtors issued predictions for four major sectors of commercial real estate this week. According the report, national office vacancies are expected to increase from 16.1% in 2009 to over 20% in 2010 with rents falling about…
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The Dark Angel of Akron drops some more Demonic News ~ #1-Chrysler plans to close dealerships #2-Forest City Enterprises reveals big job cuts #3-Shiloh Industries eliminating 111 jobs
The Dark Angel of Akron drops some more Demonic News ~ #1-Chrysler plans to close dealerships #2-Forest City Enterprises reveals big job cuts #3-Shiloh Industries eliminating 111 jobs
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What’s in your wallet? Answer—> The Banks!
What’s in your wallet? Answer—> The Banks! 10 Things Your Bank Won’t Tell You
The Commercial Real Estate Alpha Site 