Fed tightens review of commercial real estate risk - Herald & Review
The Federal Reserve is stepping up its scrutiny of commercial real estate loans at smaller banks, which have seen delinquency rates double in the past year. Instead of reviewing individual banks, Fed examiners are comparing results across the

Commercial Real Estate Finding Its Way - Street.Com
People have to comprehend that there is now a virtuous circle going on with commercial real estate and annuities. The insurers had taken the money from annuity customers and put it in the stock market and commercial real estate. They weren’t hedged

Real Estate: Settle in for a slow recovery - East Bay Business Times
Thornberg, co-founder of Beacon Economics. If you thought economists are boring, you’ve never met Chris Thornberg of Beacon Economics. Last night, he explained to a crowd of real estate professionals in Walnut Creek that the economic downturn we’re

IRS issues rules to ease mortgage financing on commercial real estate - The Miami Herald
The IRS issued new rules Tuesday designed to make it easier to refinance some commercial real estate loans in an effort to curb the number of defaults. The rules would allow commercial loans that are part of investment pools known as Real Estate

California man pleads guilty in $11 million Vermont real estate scam - Brattleboro Reformer
BURLINGTON - A California man has pleaded guilty to conspiracy, wire fraud and money laundering in an $11 million real estate investment scheme in which prosecutors stated he made use of a Vermont bed-and-breakfast. Federal court documents say Benjamin

Howard Hanna Real Estate branch in Ohio to pay $3.7M in lawsuit - Pittsburgh Tribune Review
A judge has ordered an Ohio subsidiary of Howard Hanna Real Estate Services Inc. to pay almost $3.7 million to settle a lawsuit by the company’s former president that claimed he was fired so his shares could be purchased out. The $3.675 million judgment

Cape Girardeau County commissioner makes final tax payment for 2008 - Southeast Missourian
Cape Girardeau County Commissioner Jay Purcell is up-to-date on his property taxes. Purcell, who owns six properties, was more than six months delinquent on his 2008 real estate taxes when he paid $3,966.15 on three properties in July. On Aug. 12

Jones Lang LaSalle and Real Estate Disposition, LLC Launch Joint - PR Newswire
CHICAGO, Sept. 16 /PRNewswire-FirstCall/ — In response to a growing need for owners, banks and servicers to quickly liquidate commercial property, real estate owned (REO) and both distressed and non-distressed commercial notes, Jones Lang LaSalle

Wealthy Families Succumb To Bankruptcy As Real Estate Crashes - The Bulletin
Wealthy individuals’ Chapter 11 bankruptcy filings jumped 73 percent in the second quarter from a year earlier, according to the National Bankruptcy Research Center, a research firm in Burlingame, Calif. More individuals or families with at least

Real estate trust nets $97.3 million in offering - MSN Money
The Ramco-Gershenson Properties Trust, which owns shopping centers in West Allis and Madison, has shut its public offering of 12.075 million common shares of beneficial interest, including 1.575 million shares in an underwriters’ over-allotment

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This entry was posted on Wednesday, September 16th, 2009 at 11:30 pm and is filed under Real Estate and Housing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.