Dec 26 2007
Watch List has taken the week off to celebrate Christmas, but we have updated the status of MBS Cos.’s Texas apartment properties. MBS Cos., one of the largest multifamily property owners in the country, is delinquent, in default or in danger of becoming so, on more than $900 million in loans. Included in this special [...]
Dec 25 2007
Valle Palms Apts. in Van Nuys Changes Hands
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Dec 25 2007
RW Selby Sells Franklin Plaza Apts. in L.A.
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Dec 20 2007
Investor Sells 95-Unit Multifamily in Whittier
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Dec 14 2007
The US economy has been dealt a serious blow, what with the housing downturn and, in
particular, the subprime mortgage meltdown. While we don’t know the exact magnitude
of the housing downturn, we do know it is large and likely to get larger. Numerous
forecasters believe this alone could send the US economy into a recession next year.
And [...]
Dec 14 2007
Multi-Family
12/12/2007
Hendricks & Partners sells California multi-family for $13.35M
Steve Bryant of Hendricks & Partners’ Newport Beach office represented the buyer in the transaction.
The apartment complex contains 84 one- and two-bedroom units and is located at 4740-4940 South Rose Ave. The joint venture plans to invest in capital improvements to the property, which was built in 1974 [...]
Dec 14 2007
Friday, December 14, 2007
Five Questions With…
12/12/2007
Five Questions with Grubb & Ellis’ Rick Reeder
by Drew Smith
Mr. Reeder
Rick Reeder has been a broker in the Grubb & Ellis/BRE Commercial Office Properties Division since 1992. Prior to that he was an office marketing specialist with Grubb & Ellis’ Carlsbad, Calif., office. Reeder received his B.A. in Finance and [...]
Dec 04 2007
http://www.latimes.com/news/nationworld/world/la-fg-jews4dec04,0,1511081.story?coll=la-tot-world&track=ntothtmlFrom the Los Angeles Times
Young Hungarian Jews embracing identity
A new generation is injecting eclectic energy into the largest Jewish community between Paris and Moscow. Some are teaching their communist-era parents to believe.
By Tracy Wilkinson
Los Angeles Times Staff Writer
December 4, 2007
BUDAPEST, HUNGARY - Inside the Siraly coffeehouse in Budapest’s Seventh District, the air is smoky and [...]
Dec 03 2007
Paulson Says Subprime Mortgage Plan Not `Silver Bullet’: Video December 3 (Bloomberg) — U.S. Treasury Secretary Henry Paulson talks with Bloomberg’s Peter Cook in Washington about a possible agreement between the government and banks on a plan to minimize subprime mortgage foreclosures, the outlook for establishment of a fund that would allow banks to buy some [...]