Total Number of News: 6378
- 11/29/2005 - Real Estate News
Dryer venting a serious necessity
Most people know there's a pipe on the back of their clothes dryer, and that it needs to be connected to the vent pipe that's coming through the wall or floor in their utility rooms. The common solution is to grab a piece of flexible plastic hose from the... - 11/29/2005 - Real Estate News
Builders continue fight against tax reform
With the strong backing of the nation's home builders, several Republican members of the House Ways and Means Committee are taking steps to kill a presidential panel's tax reform proposal that would eliminate or sharply curtail the mortgage-interest ded... - 11/29/2005 - Mortgage Headlines
Mortgage Rates Hold as Economic Data Sink Treasuries
A trio of stronger-than-expected economic reports knocked U.S. Treasury securities prices sharply lower on Tuesday. Bond traders, who believed the Fed was about finished with its rate-hike program, now are not so sure after seeing signs of economic stren... - 11/28/2005 - Commercial Real Estate News
JLL Paying $150M-Plus for New England, DC Specialists
CHICAGO-Gaining a presence in the Boston market, as well as doubling its staff in the Washington, DC area, motivate Jones Lang LaSalle to pay up to $185 million for privately held Spaulding & Slye. - 11/28/2005 - Commercial Real Estate News
Consortium Sells Stake in 11M-SF Industrial Portfolio
PARIS-Bail Investissement, a Fonciere des Regions subsidiary, is acquiring a majority stake in Technical SAS, owner of a $1.88- billion portfolio of mixed use offices and light industrial properties leased to France Telecom. - 11/28/2005 - Commercial Real Estate News
CapitalSource Purchases Nearly $2B of Mortgage Securities
CHEVY CHASE, MD-CapitalSource Inc. closes a $100-million trust preferred securities offering. The firm also plans to acquire $1.6 billion in agency mortgage pass-through certificates, issued by Freddie Mac, as part of its plan to take on REIT status at the start of the new year. - 11/28/2005 - Commercial Real Estate News
Merck To Close Five Plants, Cut 7,000 Jobs
WHITEHOUSE STATION, NJ-As part of its global restructuring effort, the pharmaceutical giant plans to cut 3,500 jobs from its US operations in the next three years. - 11/28/2005 - Commercial Real Estate News
Tanger Closes $283M Buy
GREENSBORO, NC-Tanger Factory Outlets bought a two-thirds share in nine centers, bringing its portfolio to 8.2 million sf. Tanger makes the deal with joint venture partner Blackstone Real Estate Advisors. - 11/28/2005 - Commercial Real Estate News
All Things Le Meridien Change Hands
GREENWICH, CT-The sale includes 32 properties, the brand, the management portfolio and the franchise business. Affiliates of locally based Starwood Capital Group Global LLC and Lehman Bros., buy the properties with plans to retrade some soon. Publicly held Starwood Hotels and Resorts Worldwide acquires everything else. - 11/28/2005 - Commercial Real Estate News
City Plans to Update Strand Theater
BOSTON-Dorchester's Strand Theater will get a facelift under a revitalization plan. The city took over the theater last year.