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Bad News in Commercial Real Estate (Columbia Journalism Review)
The Journal and Bloomberg report today that two big commercial real estate loans are about to default and yesterday the commercial mortgage-backed securities market cratered as a result.
Brush fire rages out of control, burns buildings (NWAnews.com)
Firefighters from six area agencies battled a brush fire that consumed multiple buildings in Fayetteville on Tuesday evening. (Northwest Arkansas Times)
Ackman Says Target REIT IPO Would Raise $5.1 Billion (Update1) (Bloomberg)
Nov. 19 (Bloomberg) -- Hedge-fund manager William Ackman said the sale of as much as 20 percent of a real-estate investment trust that he's proposing be spun off of Target Corp.
County cracks down on building violations (Las Vegas Review-Journal)
The Clark County building division shared proof Tuesday that it is getting tough on commercial property owners -- including hotels -- who remodel their buildings without permits or inspections to show the work is safe.
Commission recommends approval of first Planned Unit Development downtown, for first-floor apartment (Crookston Daily Times)
If the Crookston City Council agrees with a city Planning Commission recommendation, downtown Crookston will soon be home to its first Planned Unit Development (PUD). In other words, a first-floor space that had been used for retail and office space for years will be renovated into an apartment.