Daily News – October 6, 2009
Here are the news stories you might find interesting today: JOSEPH CARL HOMES SPENDS $8.5 MILLION FOR PROVINCE AT ESTRELLA COMMUNITY Goodyear – A company formed by Joseph Carl Homes in Scottsdale (Carl Mulac, pres.) paid $8.5 million to buy 643 finished and partially developed lots with the Province at Estrella age-restricted community in Goodyear. […]
Daily News – October 5, 2009
Here are the news stories you might find interesting today: To view the SRP/Phoenix Business Journal September 10, 2009 business meetings, click here. One of the most interesting slides is #31. Phoenix has always bounced back faster to the #2 or #1 spot for employment growth rate and ranking since 1972. From the information, it […]
Daily News – October 2, 2009
Here are the news stories you might find interesting today: To view the new Distressed Assets Investor Publication, click here. There are a couple good articles in this new publication. According to one of the articles, there is about $135 billion in commercial mortgages in default. There were references to “RTC 2.0.” Hotels Have Few […]
Daily News – October 1, 2009
Here are the news stories you might find interesting today: Email me if you would like a copy of the 3Q09 ITQ Report for Phoenix. To view this week’s Costar Watch List, click here. U.S. retail landlords less willing to negotiate NEW YORK (Reuters) – While retailers are likely to face another tough holiday season, […]
IRS Removes an Obstacle to Modify Securitized Commercial Loans
This just came from my buddy, Dave Tornell at IPX1031: On September 16, 2009, the IRS issued Revenue Procedure 2009-45 in an attempt to remove one of the obstacles to modifying securitized commercial loans that are not currently in default but are likely to go into default before their maturity. Revenue Procedure 2009-45 provides a […]
Daily News – September 30, 2009
Here are the news stories you might find interesting today: Phoenix hits bottom 10 in long-term income growth Phoenix ranked on the bottom rung in a new bizjournals study of per capita income growth in the nation’s metropolitan areas from 1983 through 2008. View article… SolarCity, U.S. Bank pump more money into solar lease programs […]