CoStar Group Continues Acquisition Strategy, Acquires Resolve Technology
Continuing its acquisition strategy, CoStar Group (Nasdaq:CSGP) this week finalized its acquisition of Resolve Technology, Inc., a leading provider of business intelligence and portfolio management software serving the institutional real estate investment…
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Cheap Chinese Drywall Causing Another Round of Nightmares
WEST PALM BEACH, Fla. — James and Maria Ivory’s dreams of a relaxing retirement on Florida’s Gulf Coast were put on hold when they discovered that their new home had been built with Chinese drywall that emits sulfuric fumes and corrodes pipes. It got worse when they asked their insurer for help….
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Sacramento-area apartment occupancy rate falls
Sacramento-area’s apartment occupancy rate dipped to 92.6 percent during the third quarter, making it the third-worst market in the state.
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Mortgage Unit at IBERIABANK Expands
IBERIABANK Mortgage opened up five new offices, a news release said. Three of the offices are in Alabama, according to the statement. Two more were opened in Georgia.
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Real Money: Capital Raisings, Property Financings
Developers Diversified Realty Corp. obtained new first mortgage financing from Goldman Sachs Commercial Mortgage Capital. The $400 million, five-year loan is secured by a portfolio of 28 stabilized shopping centers. The company and Goldman Sachs are continuing…
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Stonegate Bank buys two failed banks
Two Naples-based banks’ losses were Stonegate Bank’s gain on Friday, as the Fort Lauderdale-based institution assumed the assets and deposits of Partners Bank and Hillcrest Bank Florida.
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“Go Green” to save green on home improvements
I live in “Green Country,” that is, Spartan Green – Lansing/East Lansing, MI – home to Michigan State University. During this Big Ten football season, you hear a lot of shout-outs of “Go Green!”All across the country in magazines, television and on the Internet, there is a call to “go green” as it relates to [...]
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Fed program may have home in Buffalo
The “American Dream” of home ownership arrived Friday afternoon for July OO in the form of a police-escorted line of federal officials on one of the grittiest streets on Buffalo’s West Side.
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In The Pipeline: CoStar Development and Construction News for Oct. 11-17
In this week’s issue, a tire distributor will consolidate at a 1.1 million-square-foot warehouse developed by Rockefeller Group near the Port of Charleston, South Carolina; Skanska is named to build an $87 million library at the University of North…
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Fighting isolation after relocation
When Roberta Eichenholz moved from Pennsylvania to Rockville in 2004, she faced a choice: She could make an effort to get involved in her new community or she could isolate herself in her new home.
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