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CURRENT NEWS AND INFORMATION
Troubled developer Pete Verna is poised to lose his longtime offices in a foreclosure auction Friday.
The Liberal Democratic Party-New Komeito ruling coalition aims to allocate ¥800 billion this year to support a domestic property market ravaged by the global credit crisis. State-run Development Bank of Japan will put ¥100 billion into a fund to finance purchases by real estate investment trusts and support property acquisitions by developers with a further ¥50 billion, Isamu Ueda, a New Komeito ...
The amount of available office space in Marin County took a big jump in the first quarter as industry statistics begin to reflect companies adjusting their premises in the wake of job cuts, and new commercial real estate brokerage market estimates reflect a large new phase to an office development.
LAND: Vasudev Properties purchased 7.5 acres on Garden Road in Pearland from the estate of Luther Sawyer. Mauris Hardcastle of Hardcastle Real Estate brokered the sale.
Rick Knauf, managing partner for Colliers’ International Peninsula office, minced few words when he called the first quarter of 2009 “the worst†for commercial real estate in eight years.
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