Browsing Category 'News'

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Location: Washington, D.C. Price: $6.9 million This Hacienda-style house might look like something out of the   Spanish countryside, but it actually sits next to the vice president’s mansion on the grounds of the Naval Observatory in Washington, D.C. The $6.9 million mansion hit the market back in April — when our colleagues at Curbed DC took a look — […]

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The historic Stuyvesant Town-Peter Cooper Village apartment development in Manhattan remains the subject of much debate as sparring firms try to pull the property out of default and allocate more homeownership power to residents. As HousingWire reported, Stuyvesant Town-Peter Cooper Village Tenants Association and Brookfield Asset Management reached a deal in which the asset management firm agreed it would […]

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One of the most prolific investors in Phoenix-area apartment properties this year said it plans to spend $100 million on real-estate acquisitions in five Western states with a likely focus on the Phoenix area in 2012. BH Properties LLC, a Los Angeles-based real-estate investment firm, has spent about $40 million this year to acquire six commercial properties […]

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Investor interest in warehouse distribution-center properties in the Phoenix area continues to defy both the recession and the otherwise dismal real-estate market, with the closing of a $33.3 million sale on Monday in west Phoenix, brokers involved in the deal said. The joint sale of two massive warehouses in Phoenix totaling about 640,000 square feet […]

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Nishu Sood, director of Wall Street’s Deutsche Bank Securities, used the term “revulsion” to describe the current phase of metro Phoenix’s housing market. “Revulsion,” as in many people are averse to the very product that got the nation in trouble in the first place. Sood was the lead speaker at the Scottsdale-based Land Advisors’ third […]

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