Category: commercial real estate
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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
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Akron-area home values keep sliding
Nearly a quarter of all homeowners in Summit and Portage counties owe more on their mortgage than their home is currently worth as values fell from a year ago, according to the latest research by the online real estate firm…
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More than one in five homeowners underwater: Zillow
Home values in the United States extended their fall in the first quarter, with more than one in five homeowners now owing more on their mortgages than their homes are worth, real estate website Zillow.com said on Wednesday.
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Ford Posts $1.4 Billion Loss, Burns Less Cash
Ford Motor Co. said it has enough money to make it through this year after posting a smaller-than-expected first-quarter loss amid cost-cutting that helped the auto maker slow its cash burn.
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Commercial Real Estate and the Hovering Crisis
The credit crunch has thus far focused on the residential mortgage mess. But with $1.3 trillion in loans to shopping centers and other commercial properties coming due between now and 2013, another time bomb is ticking. In a report scheduled…
