Commercial News for 2/8/10
WSJ.com: Commercial Real Estate
Connecticut, Starwood Hit Bump
Connecticut pulled off a coup when Starwood Hotels agreed to relocate its headquarters there. But now there are questions being raised over how the state sealed the deal. Mortgage Bankers Sell Building at a Loss
The Mortgage Bankers Association sold its 10-story headquarters building in Washington, D.C., for $41.3 million, well below the $79 million it paid in 2007. Home Builders See Daylight
Fewer write-downs and cancellations along with improved order rates are putting some lift into the depressed home construction market. As Banks Balk, Builders Go Elsewhere
Private-equity firms are stepping into the vacuum left by banks' flight from lending to small and midsize home builders. Flush REITs See Little Cause to Buy
For public real-estate companies, spending money has turned out to be harder than raising it. Rufrano's Exit, and Entrance
Head real-estate honcho says so long to Centro and hello to Cushman. Investors Return to Prague
Prague is beginning to show the stirrings of what might be renewed interest among investors in buying commercial real estate in Central and Eastern Europe. |
