Commercial Property News Archive for 18-Dec-2007

Commercial Property: Wall Street's Next Crisis? (Commercial Property News)

Could the coming year be the time when every other shoe starts to drop after the subprime mortgage meltdown of this summer? Though the past five years have been very kind to the commercial real estate sector, 2008 may be a more turbulent time, according to an article on Portfolio.com.

Record drop in commercial property returns (Interactive Investor)

Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.

Popular Topics (Rebuz)

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Commercial sales outlook turns darker (Chicago Tribune)

As it has gotten harder to obtain loans in the global credit crunch, deals for prime office buildings have faded In a city that prides itself on its skyscrapers, One North Wacker Drive is considered a supertrophy tower. But the struggle to sell the 6-year-old office building this fall signals the dramatic slowdown in Chicago's multibillion-dollar commercial-property sales market.

Tax rate to be voted (The Republican)

SPRINGFIELD - A new tax rate is scheduled to be set this week, and property owners will receive bills that reflect the rate by Jan. 1. The City Council will conduct a public hearing on property valuations on Wednesday, followed by a vote on the new tax rates for residential and commercial property.

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