Bluerock Real Estate adds Corporate Hill to portfolio (BizJournals)
Bluerock Real Estate has the three-building Corporate Hill office campus in west St. Louis County under contract for $40 million.
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Bluerock Real Estate has the three-building Corporate Hill office campus in west St. Louis County under contract for $40 million.
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The big real estate story nationally this year was the collapse of the subprime mortgage market. Albuquerque saw a downturn in sales and housing starts, but was not hit as hard as other markets.
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The commercial real estate market was marked by big projects in 2007, from malls to hotels to condo projects.
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The subprime mortgage massacre was the start. The clobbered real estate sector accelerated the process. The final blow on the economy now comes from the retail sector. The $3 gas price and above 10% drop in housing prices is extending the effects into the economy.
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While 2007 slides into the record books as a real estate industry train wreck, few are predicting that 2008 will be much better. For clues, economists say they will be watching the health of the national economy, the situation with foreclosures and the… […]
As 2007 comes to a close, most people in the Bay Area real estate industry are happy to bid it farewell. And don’t let the door hit you on the way out. It became clear this year that the real estate boom of the first part of the decade had officially gone… […]
Real Estate Bank in partnership with NBAD
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Despite the gloomy news on the U.S. housing market, 2008 could be a banner year for real estate agents who have built a relationship with their clients, says Simon Payn, president of real estate newsletter provider Ready to Go Newsletters, http://www.readytogonewsletters.com. (PRWeb Dec 30, 2007)
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Real Estate Bank, the government-owned entity specialised in facilitating real estate credit for establishments and government organisations in the UAE, has signed a partnership agreement with National Bank of Abu Dhabi (NBAD), a leading bank in the UAE, to provide financing options for Al Maha Tower in Abu Dhabi.
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Revealing the mystery buyer for Sun Microsystems Inc.’s 440-acre campus in Louisville is likely to be the big commercial real estate story for 2008.
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