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Urban-Infill House
LA JOLLA, Calif. -- Jonathan Segal likes to think big about small lots.
Source: http://www.multifamilyexecutive.com/industry-news.asp?referer=rss565?ionID=565&art ...
(Posted: 4/3/2006 8:54:11 PM) Permanent Link
Condo Project Rises Without Public Input A Settlement Agree
Apr. 2--As a result of a court settlement with the city and county of Santa Fe, developers Phil Sena and Richard Cook are preparing the site for a condominium project southwest of Santa Fe, near N.
Source: (Posted: 4/3/2006 8:54:09 PM) Permanent Link
LA-Area Rents High Climbing Even Higher Forecast Big Dem
Los Angeles-area rents, already among the nations highest, jumped by 7 percent in 2005, and a similar bump this year is expected to push the average monthly rent to more than $1,500, according to a University of Southern California forecast released today.
Source: (Posted: 4/3/2006 8:54:06 PM) Permanent Link
Davie Discusses Moratorium on Conversion of Apartments to Co
Mar. 30--DAVIE -- Hoping to keep a sufficient supply of rental apartments in their town, council members on Wednesday night debated whether to temporarily prevent owners from converting their complexes into condominiums.
Source: (Posted: 4/3/2006 8:54:04 PM) Permanent Link
Apartment Boom Buoys Market While Single-Family Construction
A 64 percent annual surge in condominium and apartment construction, most of it in Southern California, helped drive a rebound in residential construction across the state in February, a trade group said Monday.
Source: (Posted: 4/3/2006 8:54:03 PM) Permanent Link
Trade Center Rebuilding Talks Again Hit Snag but Will Contin
Talks to jump-start the long-delayed rebuilding of the site became stymied as the regions governors and New York Citys mayor failed to agree on a negotiating stance with the projects private developer.
Source: (Posted: 4/3/2006 8:54:01 PM) Permanent Link
Timber Business Backs A New Green Standard
As the building industry undergoes an environmental revolution rival groups are waging a campaign to shape construction guidelines in a way that may favor wood.
Source: (Posted: 4/3/2006 8:54:00 PM) Permanent Link
In New York Mixed-Use Project Aims to Revitalize Nassau Cou
This Long Island community, facing sluggish job and population growth is working toward developing a central core in one of the countrys oldest and wealthiest suburban regions. Source: (Posted: 4/3/2006 8:53:59 PM) Permanent Link
Japans Pace Of Deflation For Land Prices Slows
While price tags dropped overall in 2005 the rate of the decline slowed for the third straight year. Commercial prices in Tokyo and other big cities rose for the first time since 1990. Source: (Posted: 4/3/2006 8:53:58 PM) Permanent Link
Kerry Properties Posts Strong Rise in Earnings
The companys 2005 net profit rose 35% helped by gains from property revaluation and higher profit from Hong Kong property sales and logistics operations. Source: (Posted: 4/3/2006 8:53:56 PM) Permanent Link
CoStars Deals of Note for Tuesday
Todays CoStar Deals of Note for Tuesday, April 4, were brokered by the following companies: The Irvine Co., Morgan Stanley Real Estate Advisors, Panattoni Development, Deloitte Touche, Voit Commercial Brokerage, CB Richard Ellis, Investcorp International... Source: (Posted: 4/3/2006 8:53:55 PM) Permanent Link
Strong Price Appreciation Drives Once Rare Event
As a testament to borrowers desire to realize the profits of their commercial property investments in a period of rapid value appreciation, the number of defeased loans quadrupled last year. The total volume of defeased loans reached $29.7 billion...
Source: (Posted: 4/3/2006 8:53:54 PM) Permanent Link
Boston Properties In Talks To Sell 2 NYC Office Towers for
Although the share prices of office REITs with substantial holdings in the tightening New York market have edged up of late, the increases are far short of what REIT senior managers say their companies are worth based on what investors are willing to... Source: (Posted: 4/3/2006 8:53:53 PM) Permanent Link
REIT Buys Washington DC Melrose Hotel for 76M
The Highland Hospitality Corp. of McLean, VA acquired the Melrose Hotel in Washington, DC for $76 million, or nearly $316,700 per room.
It has an average occupancy calculated at 70%. The lodging REIT has opted to use Crestline Hotels & Resorts Inc...
Source:
(Posted: 4/3/2006 8:53:52 PM)
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