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- The developer of a seaside condominium complex in Sandbridge plans to hold an auction to sell 25 units next month in an attempt to move inventory off its books amid the region's steadily declining housing market. The first phase of the 248 -unit ...
- After more than four months of disappointment, the Garlic Festival Association has decided to cut its losses and move on. On Monday, the association's board of directors voted unanimously to stop making payments on the $8.8 million loan it took out ...
- PORTLAND, Ore. (AP) - The once-thriving condo market in Portland has taken a nosedive amid the worldwide financial crisis. The young professionals and empty-nesters who once powered the downtown condo construction boom have gone missing. Prices are ...
- PORTLAND — The once-thriving condo market in Portland has taken a nosedive amid the worldwide financial crisis. The young professionals and empty-nesters who once powered the downtown condo construction boom have gone missing. Prices are falling ...
- Would-be condo buyers suing to get out of deals isn't new. But Miami lawyer Robert H. Cooper has hit on a new tack in seeking to extricate his clients from contracts. Cooper filed two suits this week that claim his clients shouldn't have to close on ...
- The Chicago futures markets, where some traders eat fear for breakfast, has become a place of helpless uncertainty. They've seen bear markets and even short-term credit crises before, but nothing like this. To them, the financial system has a ...
- How’s the market for condominiums in downtown Tacoma? “What market?” says Judy Mayfield, head of sales for The Esplanade, the 162-unit project on the Foss Waterway, now nearing completion. After two years of extolling the virtues of the nine ...
- SMALL island, big problem. That was the headline in the Financial Times on Wednesday. It referred to Iceland, which has gone bust and had to seek a € 4bn loan from Russia. But it could have been about the UK, which has pumped £50bn of equity into ...
- How’s the market for condominiums in downtown Tacoma? “What market?” says Judy Mayfield, head of sales for The Esplanade, the 162-unit project on the Foss Waterway, now nearing completion. After two years of extolling the virtues of the nine ...
- In the current economic situation, condo developers are finding it increasingly difficult to secure financing. "[T]ighter liquidity means financing is getting pricier and harder to come by for many [condo developers], at the same time the housing ...
- Portland's condo market may be one of the better in the country but it still stinks. Even the brokers no longer try to sugar coat it. I wrote a story today updating the situation based on the third quarter. (See the full story after the jump.) The ...
- The Westin Book Cadillac Detroit added a splash of hometown glitz to its opening this week with Wednesday's announcement that well-known Birmingham stylist Todd Skog will head up its spa. Skog, whose Todd's Room salon is a mecca for local celebrities ...
- The Piranesi condo project at 11th and Delaware in Denver advertises zero percent down on loans. The condo project is also advertising 100 percent financing and prices slashed.The Denver market is healthier than most U.S. cities. It's as if the ...
- The Milwaukee Common Council today approved a rezoning request for the proposed 26-story, 35-unit condo tower that Milwaukee-based New Land Enterprises LLP plans to build behind the historic Goll Mansion at 1550 N. Prospect Ave., on the city's east ...
- For months, South Florida business leaders have been thanking their lucky stars for Europe. The weak dollar has made our region attractive to Europeans. A Miami vacation, a Fort Lauderdale Beach condominium, a boat made in West Palm Beach -- all ...
- Chief Financial Officer Tim Taylor has resigned from Corus Bankshares Inc. after 12 years in the position, and his duties at the Chicago bank holding company will be divided between two senior officers, the company said Monday. The bank didn't ...
- NEW YORK, Oct 06, 2008 (BUSINESS WIRE) -- Fitch Ratings has downgraded the Issuer Default Rating (IDR) and outstanding debt ratings of iStar Financial Inc. (NYSE: SFI) as follows: --IDR to 'BB' from 'BBB-'; --Unsecured revolving credit facilities to ...
- The Finger condo last winter. Behind the sagging wire fence, all that's left of 55 Eckford Street in Greenpoint is a skeleton, its steel ribs turned rusty from months of rain. A tangle of weeds has shot up amongst the bottles and soggy cardboard ...
- The Sarasota condominium market, like practically every other condo market in the state, looks pretty bleak right now. Sales fell 30 percent to 1,510 during the nine months ended Sept. 24, from 2,160 during the same period a year ago, according to ...
- The Sarasota condominium market, like practically every other condo market in the state, looks pretty bleak right now. Sales fell 30 percent to 1,510 during the nine months ended Sept. 24, from 2,160 during the same period a year ago, according to ...
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