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Commercial Real Estate News

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Use this page to keep up with the latest information on commercial real estate appraisal news, California real estate and building trends, materials, in Los Angeles County, Orange County, Ventura County, San Diego County, Riverside County, San Bernardino County. Commercial real estate news likely to affect the commercial real estate and appraisal industry in and around Southern California.

COMMERCIAL REAL ESTATE NEWS

Property Mogul Poised to Fall Again
5/9/2008 8:27 AM
Ian Bruce Eichner is on the verge of losing control of his Las Vegas casino-resort project -- 16 years after a similar loss in Times Square. His roller-coaster track record shows that in commercial real estate, failure on an epic scale need not be a career killer......

Real-Estate Drop Has a Green Lining
5/8/2008 11:21 PM
Developers are dropping plans to build on some choice pieces of land and instead are selling it for such uses as public parks and nature preserves......

Wachovia's Big-Loan Executive Is Leaving
5/7/2008 8:03 AM
Wachovia's Robert Verrone, known for his deal making, is expected to leave. The bank's first-quarter loss will widen due to new write-downs......

Progress Is Slow in Coming to Hard-Hit City
5/6/2008 8:02 PM
Decades after deep job cuts in the steel and manufacturing plants, Gary, Indiana's residents and real estate still bear the scars......

REITs' Solid Results May Prove Fleeting
5/6/2008 10:41 PM
Executives at real-estate investment trusts are cautious about the outlook for the rest of the year, despite surprisingly strong earnings for the first quarter......

U.K. Commercial Woes Mount
5/6/2008 8:15 PM
Commercial-property owners in England already struggling with the credit crunch and falling asset values have a new woe to add to the list: higher taxes on empty properties......

Commercial Building Rebounded in March
5/6/2008 8:05 PM
After declining for several months, spending on commercial construction bounced back in March......

Centro See-Saw
5/6/2008 11:11 PM
Shopping-center owner Centro Properties Group, which needed to secure its fourth repayment extension on $4.9 billion in debt by Wednesday, had to grant one of its lenders a mulligan to do so......

Falling Prices Hit Builder Horton
5/6/2008 8:07 PM
D.R. Horton swung to a loss on $834.1 million in pretax charges related to inventory impairments and write-downs of land......

Tropicana Makes Bankruptcy Filing
5/6/2008 1:38 PM
Casino operator Tropicana filed for Chapter 11, the largest corporate filing of the year, following a missed interest payment on a $1.32 billion loan......