Commercial Property News Archive for 04-Jan-2008

Banks halt commercial property loans (Daily Telegraph)

Some of the City's biggest investment banks have stopped lending to commercial property buyers, stifling deals in an already depressed market.

Neighbors, police block liquor store (The Gazette)

Neighbors and the Police Department have joined forces to successfully block the hopes of two Waterloo liquor store owners who want to open a liquor store here at 1455 Mount Vernon Rd. SE.The commercial property in question, now empty, sits on the dividing line between the Wellington Heights and Oak Hill neighborhoods, and more than 70 neighbors from both areas signed a petition telling the City ...

Commercial property 'could drop another 10pc' (Daily Telegraph)

Commercial property agent King Sturge has warned that property prices could fall by another 10pc before bottoming out in the second quarter this year.

REVALUATION: Average assessments rise 30% to 35% (Ridgefield Press)

House values are up an average of 30% to 35% in a revaluation of all Ridgefield properties, according to Town Assessor Al Garzi. Increases in commercial property values are steeper ? 50% to 90% since the last revaluation in 2002, Mr. Garzi said.

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