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Despite Economy, Study Reveals Greening of Building Portfolios Remains a Priority for Commercial Real Estate Industry (Business Wire via Yahoo! Finance)
BOSTON----Despite a faltering economy, commercial building owners are continuing to allocate funds and resources to green their portfolios. According to the “2008 Green Survey: Existing Buildings,” the second annual national survey of the commercial real estate sector, more than 80 percent of respondents have allocated funds to green initiatives this year.
5 charged in Forsyth County gang vandalism (Atlanta Journal-Constitution)
Five suspected gang members have been arrested by the Forsyth County Sheriff's Office for reportedly vandalizing more than a dozen buildings, including a local high school.
Homebuilder, REIT shares tumble as recession spreads (Reuters via Yahoo! News)
The shares of big U.S. homebuilders and real estate companies alike slumped on Wednesday as housing starts fell to a record low and concerns spread the commercial real estate market is going the way of residential.
First Asset REIT Income Fund: Press Release (CCNMatthews via Yahoo! Finance)
TORONTO, ONTARIO-- - First Asset REIT Income Fund announces a distribution of $0.05 per Unit for the month ending November 30, 2008. The distribution will be paid on or before December 15, 2008 to unitholders of record on November 28, 2008.
MetLife Provides Information Regarding Its Commercial Mortgage-Backed Securities Holdings and Commercial Mortgage ... (Business Wire via Yahoo! Finance)
NEW YORK----MetLife, Inc. today issued the following information about its commercial mortgage-backed securities and commercial mortgage whole loans as of September 30, 2008. The company is providing this information in light of the increasing volatility in the CMBS indices , which is due to a number of factors, including two commercial mortgages within CMBX 5 that have been reported as likely ...
19-11-2008: AmFirst REIT puts acquisition on hold (The Edge Daily)
“In this climate, REITs are not in acquisition mode. This is not the time to do any equity raising,” said AmFirst chief executive officer Lim Yoon Peng.