Commercial
Commercial Real Estate Vacancy Rates Improving, Rents Firming
Sears Holdings will sell 11 stores for needed $770 million
Buyer competition in prime Central London much fiercer
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, reported a FY 2012 first-quarter net loss of $2.8 million, or $0.02 per share diluted, compared to FY 2011's first-quarter net income of $3.4 million, or $0.02 per share diluted, according today's announced results of Toll Brothers. Equity Residential Hikes Potential Bid for Archstone Stake to $1.48B
Real estate mogul Sam Zell's Equity Residential (NYSE:EQR) has raised its minimum bid for a 26.5 percent stake in the long-running battle for control of Archstone, owner of more than 70,000 U.S. apartment units. Earlier this week, the minimum bid was raised to $1.48 billion from $1.32 billion by Bank of America Corp. and Barclays Plc, which own the minority stake in the company. The banks also extended the deadline for Equity's option to buy the stake to April 19 from Feb. 19. BGC Partners to Buy Grubb & Ellis as Brokerage Files for Bankruptcy
Howard Lutnick's BGC Partners Inc. (NASDAQ: BGCP) has agreed to buy the commercial real estate brokerage Grubb & Ellis Co.(PINK:GRBE), which will file for Chapter 11 bankruptcy protection after declining revenue from the commercial real estate bust. $147.5 Million Sale of Class A Medical Office Buildings in San Diego Closed by HFF
HFF has closed the sale of two Class A medical office buildings totaling 253,676 square feet in San Diego, California, as it is claimed. U.S. hotel market performed well in Early February
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 5-11 February 2012, according to latest report from Smith Travel Research(STR). January Existing Home Sales Preview: Gains Expected
Existing home sales are expected to rise in January as the broader economy improves, according to analysts and industry experts. A New iPhone and iPad displaying properties by Knight Frank
Knight Frank has launched a new iPhone and iPad app displaying properties and research from around the world. Amazon Plans Three Skyscrapers in Seattle
Amazon.com Inc. (NASDAQ:AMZN) is continuing its global expansion with a deal that will transform Seattle's skyline. The online retailer has agreed to purchase three development parcels in the city and plans a trio of 1 million square foot office towers. BDRC: landlords feeling the pinch despite rent increases in UK
Rents may have risen in the private sector over the last year, but professional landlords are feeling the pinch, according to the latest research results from the BDRC Continental. On Astor Place, New and Old Clash
Developer Edward Minskoff's obsidian and silver edifice at 51 Astor Place will soon mark the latest transformation of New York's East Village.