Continue Reading Add comment May 22nd, 2008
When the housing crisis hit last summer, it became very hard for borrowers to land the jumbo loans they needed to buy homes in high-priced areas, like California and New York.
Continue Reading Add comment May 22nd, 2008
The prices of homes sold in the first quarter of 2008 posted a record decline, according to a new report from the Office of Federal Housing Enterprise Oversight.
Continue Reading Add comment May 22nd, 2008
Newport Beach, California-based Pacific Investment Management Co. has taken $2.55 billion of mortgage-backed securities from Israeli bank Bank Hapoalim Ltd., according to a Bloomberg News report. Read more »
Continue Reading Add comment May 22nd, 2008
Construction has gotten underway on Battle Ground Village, a 140,000-square-foot mixed-use retail development in Battle Ground, Wash., about 25 miles outside of Portland, Oregon. Read more »
Continue Reading Add comment May 22nd, 2008
Comerica Bank has made its move to the 52-story office tower at 601 S. Figueroa St., having signed a lease with owner Brookfield Properties to occupy up to 27,000 square feet at the 1 million-square-foot downtown Los Angeles building. Read more »
Continue Reading Add comment May 22nd, 2008
Work has gotten underway on a new mixed-use project at 50 West Broadway that will bring 139 new market-rate and affordable-housing apartment residences to the site of the former Cardinal Cushing High School in South Boston. Read more »
Continue Reading Add comment May 22nd, 2008
As one financial services giant indicates it may step away from New York’s World Trade Center redevelopment, another moves toward possibly taking space in the massive rebuilding project. Read more »
Continue Reading Add comment May 22nd, 2008
A 15-building portfolio with 75 stores and 125,000 square feet of space in New York City’s Harlem neighborhood is being marketed to prospective tenants by the Prudential Douglas Elliman leasing team of Faith Hope Consolo and Joseph Aquino. Read more »
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