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Commercial Real Estate |
Carroll County aims to use land for industrial park
Carroll County transfers land to its development group for anticipated industrial and commercial use.
Griffin-American Healthcare Acquires Trio of Medical Office Buildings
PALM BEACH, FL—The demand for medical office buildings in the Southeast remains strong. Griffin-American Healthcare REIT II —formerly known as Grubb & Ellis Healthcare REIT II—just snapped up a trio of medical office buildings across three Southeastern states for $25.1 million.
Office space demand rises
Amid European gloom and unemployment fears, vacancy rates are down at their lowest in years.
Commercial Property Transfers
Federal Home Loan Mortgage Corp. to Equity Trust Co., 740 S. 37th St., 40211, $18,000. Heritage Properties to Intrepid Commercial Properties, 204 E. Market St., 40202, $2,700,000. HSBC Mortgage Services Inc.
Bank of America to sell some office space
The bank has so far identified three office buildings it will sell, in N.Y. and N.C. It also has substantial real estate holdings in Southern California. In a move to shed nonessential assets, Bank of America will sell and lease back some of its administrative office space.
Bank of America to sell some office space
The bank has so far identified three office buildings it will sell, in N.Y. and N.C. It also has substantial real estate holdings in Southern California. In a move to shed nonessential assets, Bank of America will sell and lease back some of its administrative office space.
Commercial property tax plans stir opposition in Iowa
Iowa can't whack 40 percent from commercial property values for tax purposes without cuts in city and county services or mammoth tax shifts, local government officials say.
Don't rush into REITs
You'd think that investors would be leery of companies that own and manage commercial real estate. Vacancy rates remain elevated in office buildings and shopping centers. Except for apartment buildings, rents really haven't grown at all in four years. And given the possibility that the global economy may retrench yet again, things could still get worse before they get better.
Commercial Real Estate Gets New Funding
One of Beverly Hills’ most ambitious Hard Money Loans teams is lucky to have just received an influx of money. HardMoneyLoans.org has just announced that the company has received a new lending source to add to their already extensive portfolio.Los Angeles CA (PRWEB) February 04, 2012 One of Beverly Hills’ most ambitious hard money loans teams is lucky to have just received an influx of money ...