Daily News for Commercial Real Estate & Business – March 25, 2010
Here are the news stories you might find interesting today regarding commercial real estate and business: To view this weeks, “The Watchlist,” by Costar, click here. One article predicted that Hotel CMBS defaults could hit 30% by 2012. To view the February/March 2010 Real Estate Forum magazine, click here. Closed transaction on OREO Property – […]
Closed transaction on OREO Property – March 24, 2010
Nicholas L Miner, CCIM and David G Verwer, CCIM recently represented the seller, Central Arizona Bank, in the sell of a 4,000 Sq. Ft. industrial-flex condo near Falcon Field in Mesa, Arizona. “The interesting part of the transaction was the fact that the buyer was the original developer. He purchased the property back at what […]
Daily News for Commercial Real Estate & Business – March 23, 2010
Here are the news stories you might find interesting today regarding commercial real estate and business: Tribe sues federal government over casino application The Tohono O’odham Nation is suing the Obama administration, charging that the U.S. Interior Department is dragging its feet on a proposed casino west of Phoenix. The Native American tribe said Monday […]
Daily News for Commercial Real Estate & Business – March 22, 2010
Here are the news stories you might find interesting today regarding commercial real estate and business: WASHINGTON-BASED INVESTOR ENTERS VALLEY APARTMENT MARKET . . . SPENDS $27.5 MILLION Peoria – A company formed by Weidner Apartment Homes in Kirkland, Wash. (Dean Weidner, principal) paid $27.5 million ($80,882 per unit) to acquire the 340-unit Trillium Villas […]
Another industry that is going to disappear overnight…
My business partner and I were hired as consultants to help an industry stay in business in Arizona. The industry, Payday lending. Regardless of whether you think it is a good or bad industry, the issue at hand is the amount of space they lease in our market and the owners that rely on them […]
Daily News for Commercial Real Estate & Business – March 19, 2010
Here are the news stories you might find interesting today regarding commercial real estate and business: Apartments sell in quick cash deals The $260,000 sale of the 24-unit Landing Pointe Apartments may sound like a screaming deal, but brokers on the transaction say there are good reasons for its place on the lower end of […]