Commercial

Commercial Real Estate Easing in Economic Slowdown

WASHINGTON, Commercial real estate vacancies are trending up modestly, while investment has dropped sharply in the wake of the credit crunch, according to preliminary information for the latest COMMERCIAL REAL ESTATE OUTLOOK* of the National Association of Realtors®.

Mobile Homes on Their Way to Arkansas Residents

LITTLE ROCK, Ark. — The first mobile homes will be delivered to eligible Arkansas residents affected by the Feb. 5 tornadoes beginning Saturday, April 5. The units will be transported from the Hope staging area to commercial and private sites throughout the state. 

Apartment Industry Remains Stable Despite Financial Turmoil, According to NMHC’s Annual Ranking of Top 50 Apartment Firms

Results Also Show Large Property Management Firms Replacing Small Regional Firms
WASHINGTON, DC – The challenging economic times and financial market disruptions are having little impact on the apartment industry’s biggest firms, according to the National Multi Housing Council’s 19th annual ranking of the 50 largest U.S. apartment owners and the 50 largest U.S. apartment managers.

AHFC Takes Housing Forums Statewide “Alaska’s Housing Market: Built to Last”

Anchorage, Friday, March 28, 2008 – National headlines about the housing market could make anyone nervous. But there are true differences between Alaska’s real estate and the Lower 48
markets. Alaska’s prices are stable, interest rates are low, and Alaska’s economy is strong, Get the facts at a free public meeting hosted by Alaska Housing Finance […]

Apartment Industry Says FCC Rules Restricting Contracts With Telephone Providers Will Increase Prices, Lower Service

WASHINGTON, DC - At its open meeting today, the Federal Communications Commission (FCC) is expected to vote to ban exclusive contracts between apartment owners and providers of telephone service.  Jim Arbury, Senior Vice President of Government Affairs for the National Multi Housing Council (NMHC)/National Apartment Association (NAA) Joint Legislative Program issued the following statement in […]

Apartment Industry Says FCC Rules Restricting Contracts With Telephone Providers Will Increase Prices, Lower Service

WASHINGTON, DC - At its open meeting today, the Federal Communications Commission (FCC) is expected to vote to ban exclusive contracts between apartment owners and providers of telephone service.  Jim Arbury, Senior Vice President of Government Affairs for the National Multi Housing Council (NMHC)/National Apartment Association (NAA) Joint Legislative Program issued the following statement in […]

Enterprise, U.S. Bank and McCormack Baron Salazar Invest $17.5 Million in the Redevelopment of the Former 14th Street Pedestrian Mall

New Commercial Space and Homes Created in Old North St. Louis Community
St. Louis – (March 13, 2008) – Enterprise Community Investment, Inc. (Enterprise), U.S. Bank, McCormack Baron Salazar and St. Louis, Mo.-based Regional Housing and Community Development Alliance (RHCDA) today announced a $17.5 million federal New Markets Tax Credit (NMTC) investment in Crown Square, the […]

Mortgage meltdown dampens state’s commercial real estate outlook

GAINESVILLE, Fla. – March 19, 2008 – Fallout from the subprime meltdown is now spreading from the residential to commercial real estate sectors, but the outlook for Florida remains stable because of the fundamentals of good climate and in-migration, according to the latest University of Florida survey.

Fundamentals Holding in Commercial Real Estate

WASHINGTON, March 12, 2008 - Commercial real estate market fundamentals are fairly stable, although investment is waning following a record year in 2007, according to the latest COMMERCIAL REAL ESTATE OUTLOOK of the National Association of Realtors®.

Biden Effort Leads to Closure of Dover Crack House

Wilmington, DE - Today, Attorney General Beau Biden announced the historic closure of a property under the Delaware Drug Nuisance and Social Vices Abatement Act. At a February 15, 2008 hearing sought by the Delaware Department of Justice, a crack house in Dover was declared the site of drug and vice crime and was closed […]