Maryland
MIG Real Estate Purchases Scottsdale Centre for $20.8M
By Dale Zavodsky MIG Real Estate, a Newport Beach, Calif.-based investment firm, acquired the Scottsdale Centre in Scottsdale, AZ for $20.8 million, or about $126 per square foot. The two-story office building delivered in 1984 at 7373 N. Scottsdale …
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The CRE Recovery Continues
By Mark Heschmeyer Commercial real estate (CRE) fundamentals continued to strengthen in the second quarter of 2011, albeit at a much more moderate pace than the end of last year. The temperate recovery is consistent with global economic trends, …
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Goodman Real Estate Acquires Two Tacoma Apartments for $5.9M
By Nick Bell Goodman Real Estate, Inc. acquired the Stoneridge Apartments from a private investor for $3.26 million, or $43500 per unit. In a separate transaction, Goodman Real Estate acquired the Southern Pines multifamily building for $2.65 million, …
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Flow of Real Estate Capital Surges
By Mark Heschmeyer Companies and funds reported raising $35.48 billion from investors in the second quarter for real estate-related deals and refinancings. The amount of funding raised brings the total inflow for the first six months of the year to …
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MID Puts Horse Racing Out to Pasture To Focus on Real Estate
The racing and gaming assets acquired by The Stronach Group include: Santa Anita Park; Golden Gate Fields; Portland Meadows; MID’s joint venture interests in Maryland Jockey Club’s real estate and racing assets (Pimlico Race Course, Laurel Park and the …
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Harford tax bills going down?
A point worth noting in all of this is that key parts of the real estate boom were driven by government policy, and the modest recovery in the market that was seen late last year and early in 2011 dried up when a government incentive program for …
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Real Estate Wonk: For owner, a refinance request gone wrong
Angela Cottrell regrets ever calling her mortgage servicer to ask about refinancing options. What Wells Fargo suggested she do ultimately increased her loan balance and ruined her credit, she said. Cottrell, who bought a Charles County home with her …
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More sellers of high-end homes turning to auction
| So he dropped the price several times before finally turning to DeCaro Real Estate Auctions Inc., which put the estate on the auction block. Auctioneer Daniel DeCaro said there are no minimum bids on the house, but the owner has agreed to sell it for … » |
 Annapolis Capital |
CoStar’s People of Note (June 26-July 2)
Editor’s Note: CoStar’s People of Note is published each Friday covering the latest commercial real estate executive level promotions and new hires. Please click on the headline of each article to jump to full coverage. Follow the news on Twitter …
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Health clinic buys Mount Vernon’s Monumental Life Building
| Terri Harrington, vice president with MacKenzie Commercial Real Estate Services, represented Chase Brexton in its search for a new building, which took several years. She said the University of Baltimore was one of several prospective buyers. … » |
 Baltimore Sun (blog) |
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