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UAW's Chrysler Equity Is Small Comfort as Union's Power Wanes
Bloomberg Banks including Citigroup Inc., JPMorgan Chase & Co., Morgan Stanley and Goldman Sachs Group Inc. had lent Chrysler $6.9 billion, secured by factories, real estate and other assets. On the surface, the UAW had a better day yesterday than Chrysler's … |
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Down market: Large buildings lose property value; taxpayers to pay
Milwaukee Business Journal, WI But the economic recession is taking a toll on commercial real estate. “Our assessors looked at vacancy rates, income and expenses and came up with a valuation that reflects the fair market value,” said Reavey. Last week, the office completed its … |
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Columbus Real Estate Transactions — May 1
Columbus Ledger-Enquirer, GA OBGYN Investments LLC to St. Francis Hospital Affiliated Services Inc.; map & parcel 016-010-011, 016-010-012, 016-010-013 and 016-010-006; plat book 162, page 33; deed book 9671, page 69; $440000; commercial Philip M. Adams Jr. to Eric Jude Leger; … |
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Wine Notes: Kiamie Wine Cellars tasting room in Paso
San Luis Obispo Tribune, CA It is an unlikely partnership between a former high-rise security specialist, a wine merchant with real estate experience and an acclaimed winemaker who has been making wines on the west side of Paso Robles for more than 15 years. … |
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First Industrial Realty Trust Reports First Quarter 2009 Results
PR Newswire (press release), NY Mr. Duncan stated, "The impact of the current recession continues to affect businesses throughout North America, and we expect industrial real estate fundamentals to remain challenging throughout the year. To achieve our 2009 plan, our team is squarely … |
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Banker: 'What'd I Do Wrong, Officer?' Cop: 'You've Got Algae in …
Wall Street Journal A couple of years ago, Indio was a real-estate bonanza. Old date farms were closing down, sprouting subdivisions in their places. Today it's a different scene with one in 10 houses either in default or foreclosure. The upshot is that faraway banks have … |
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Hasbro and Discovery Form Children's TV Network
Wall Street Journal For Discovery, the new network is an opportunity to expand Mr. Zaslav's strategy of capitalizing on what he calls Discovery's "beach-front real estate" — less-popular cable networks that are available in tens of millions of homes. … |
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Slump, Debt Dashed Bid to Turn Around a US Icon
Wall Street Journal As part of its turnaround plan, Cerberus had Chrysler mortgage most of its crown jewels — plants, real estate, machinery and intangible assets like patents and the Jeep brand name. Using those assets as collateral, Chrysler borrowed $10 billion. … |
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Realtors association awaits fate of license bill
Journal Record (subscription), OK Steve Martin, R-Bartlesville, would prevent a person convicted of a felony from applying for a real estate license until a certain period of time has passed. Someone convicted of one of the more severe felonies, including murder and rape, would have to … |
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Affleck and Garner Buy Producer's LA House
Wall Street Journal Mr. Forbes, now 66 years old, was convicted in 2006 in a massive corporate-accounting fraud that tarnished his travel and real-estate conglomerate. Mrs. Forbes couldn't be reached for comment, and an attorney for Mr. Forbes declined to comment. |
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