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Articles Written by: DANIEL TAUB
WASHINGTON — Federal Deposit Insurance Corp. real-estate sales this year are the highest since 1994 as the regulator takes over properties held by failed lenders.
The FDIC raised $727 million from building and land sales in the first nine months of 2009 ...
From BRIAN LOUIS AND DANIEL TAUB,
Denver Post,
18 Nov 2009
US home sellers cut their asking prices by a total of $28.4 billion to attract buyers as the real estate recovery stalled, Trulia Inc. said.
The average discount was 10 percent as of Oct. 1, the San Francisco-based real estate data provider said ...
From DANIEL TAUB,
Boston Globe,
8 Oct 2009
LOS ANGELES - Construction spending on offices, retail centers, and hotels is likely to fall 16 percent this year and 12 percent in 2010, more than previously forecast, the American Institute of Architects said yesterday.
Rising unemployment and lower ...
From DANIEL TAUB,
Boston Globe,
13 Jul 2009
ProLogis, the world's largest warehouse owner, plans to cut debt by almost $3.5 billion this year, an increase from previous plans to reduce loans by $2 billion, chief executive Walter Rakowich said.
"We've made a tremendous amount of progress in ...
From DANIEL TAUB,
Denver Post,
4 Jun 2009
if prices decline another 5 percent, the Santa Ana, California-based seller of mortgage and economic data, said in the report.
A growing number of U.S. homeowners owe more than their properties are worth after prices extended their two-year decline in ...
A SHORT WHILE ago I met with a group of eminent jurists who were on a fact-finding mission, examining Israel's military operation in Gaza. After listening to their concerns and criticisms, I asked them: "Considering the rocket attacks launched against ...
From DANIEL TAUB,
Boston Globe,
6 May 2009
the real estate market began to fall, and sales at Tamarack slowed. In December 2007, just 19 months after taking the Credit Suisse loan, Boespflug missed a $5 million payment.
PORTLAND, Oregon: To Jean-Pierre Boespflug, a French-born developer of a ...
December from 66.7 days a year earlier. The Realtors' Unsold Inventory Index, which indicates the number of months needed to deplete the supply of homes on the market at the current sales rate, dropped to 5.6 months from 13.4 months a year ago. ...
GENERAL Growth Properties Inc, the second-largest United States mall owner, refinanced US$814 million of mortgage loans and retired a US$58-million bond to try to stave off bankruptcy.
The shares rose as much as 73 percent on the news. The ...
From DANIEL TAUB,
Shanghai Daily,
14 Dec 2008
OFFICE rents in the West End in London, midtown Manhattan and Tokyo fell in the third quarter for the first time in almost seven years as the global financial crisis cut demand, CB Richard Ellis Group Inc said yesterday.
The total office occupancy ...
From DANIEL TAUB,
Shanghai Daily,
25 Nov 2008