Commercial Property News Archive for 13-Jan-2009
Property coverage rates reach the basement (Business Insurance)
The lengthy free fall of commercial property rates may be coming to an end. Although rates in general still are lower than they were a year ago, risk managers, brokers and underwriters see some signs ...
Massive mixed-use project gets green light in Pismo (The Times Press Recorder)
One of the largest-ever mixed-use developments proposed in Pismo Beach was given a green light by the City Council. After a more than three-hour public hearing Tuesday, the council voted 4-1 to approve a massive mixed-use project on 10.6 acres of undeveloped commercial property at 110 Oak Park Blvd.
Moody?s warns about building society losses (Financial Times)
Some of the UK?s 55 building societies could declare losses for 2008 as they face pressure on rising impairments from UK mortgage lending and commercial property, according to a new report by Moody?s, the rating agency.
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