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Simon Property Group acquires outlet shopping center business of Prime Outlets

Simon Property Group, Inc., a real estate investment trust, has acquired outlet shopping center business of Prime Outlets Acquisition Company and certain of its affiliated entities. Both the companies are based in the US.

Real estate broker takes Glendale 4BD

Erik and Elena Reppe bought a four-bedroom, 1.5-bath home at 1220 Geneva St. in Glendale from Phyllis and Clifford Kirst for $850,000 on July 15.

These are the Most Underwater States

Francesca Levy Forbes 02.09.2010

Back to basics - Mexican real estate

Harriet Cochran Murrray Cochran Real Estate 02.09.2010
These are the Most Underwater States

Nowhere is the aftermath of the housing crisis more clearly illustrated than in Nevada, where nearly three quarters of homes with mortgages are worth less than what borrowers owe on them.

Back to basics - Mexican real estate

Our readers are aware of the real estate market conditions in the US which indicate oversupply in many markets, and lower prices than 24 months ago.

Murano developer sued

Alan J. Heavens Philly News 01.09.2010
Commercial Real Estate Loan Prices Rise in July

The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS increased to 79.4% as of July 30, 2010, up from 77.4% as of June 30, 2010. Loan values were 71.1% as of July 31, 2009.

Murano developer sued

Fifty-one early buyers of condominium units at the 43-story Murano at 21st and Market Streets in Center City accused the building's developer Monday of inflating sales figures to boost unit prices.

REITs Attract Yield-Hungry Investors

David Bogoslaw Business Week 31.08.2010

Lower rate helps family offset property-tax hike

MARK J. KONKOL Sun Times 31.08.2010
REITs Attract Yield-Hungry Investors

The U.S. commercial real estate market has so far averted the catastrophe that many strategists were predicting last year.

Lower rate helps family offset property-tax hike

Bracing for a property-tax increase expected to boost their monthly payments by $300, Ellen and Robert Bachner figured refinancing their loan to take advantage of historically low interest rates would save them some cash.

How Housing Could Derail the U.S. Economy

John Gittelsohn and Bob Willis Business Week 29.08.2010

What Commercial Landlords and Chamillionaire Have in Common

Nick Timiraos The Wall Street Journal 27.08.2010
How Housing Could Derail the U.S. Economy

Housing led the U.S. out of seven of the last eight recessions. This time it may kill the recovery.

What Commercial Landlords and Chamillionaire Have in Common

Commercial property owners, including Macerich Co., Vornado and Simon Property Group now have something in common with rapper Chamillionaire: They’re all walking away from debts on their property.


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