Archive for March, 2009
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Wednesday, March 25th, 2009
State of insecurity arrivesAlbany Times Union, NYArnold Schwarzenegger, but the state has cut some workers and has initiated a one-day-a-week furlough program that hasn't helped the economy in its capital, Sacramento. Steven Krohn, an economist and a real estate broker in Sacramento, …
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Wednesday, March 25th, 2009
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Wednesday, March 25th, 2009
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Wednesday, March 25th, 2009
 Forbes |
Is California Going Bust?Forbes, NYTent cities of displaced homeowners have sprung up in the state's Central Valley–even in the capital, Sacramento. Anthony Sanders, a professor of real estate finance at Arizona State, terms the huddles Mozilovilles, after the former Countrywide …
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Wednesday, March 25th, 2009
Schwarzenegger Opens California Fairgrounds to Homeless CampBloombergThe state has one of the highest rates of foreclosure, according to realtytrac Inc., an Irvine, California-based seller of real estate data. California home prices dropped 41 percent last month from a year earlier, more than double the US decline, …
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Wednesday, March 25th, 2009
Aerojet's Advanced Technology Demonstration Motor Successfully …PR Newswire (press release), NYGenCorp is a leading technology-based manufacturer of aerospace and defense products and systems with a real estate segment that includes activities related to the entitlement, sale, and leasing of the company's excess real estate assets. …
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Wednesday, March 25th, 2009
Washington Post ColumnistWashington Post, United StatesRaleigh, NC: I've been reading on various blogs that even if we stabilize the home mortgage sector of the financial industry, that commercial real estate is then gonna rise up and kick our tails. You touched on that at the end of your article. …
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Wednesday, March 25th, 2009
Morning Report: Nocioni Blasts KingsHoopsWorldRatner's group has already scaled back the Atlantic Yards project due to financing and real estate concerns. Frank Gehry's comments come at a time when most believe the project will never get off the ground. NBA Chats Today: It's Wednesday, …
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Wednesday, March 25th, 2009
Hochtief 2008 net profit rises 24 percentForbes, NYThe Hochtief real estate division, which builds rental space and manages properties, continued its positive trend with 30 projects in the building phase at the end of 2008, worth about euro1.3 billion. The company's airport business also continued to …
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Wednesday, March 25th, 2009
State's jobless rate forecast to pass 12%San Diego Union Tribune, CABoth are pessimistic about nonresidential real estate. UCLA projected that office markets will remain sluggish through 2010 in San Francisco and Los Angeles, 2011 in Silicon Valley and 2012 or later in San Diego County and other areas of the state. …
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