Commercial Property News Archive for 12-May-2008

Flicker of hope in property funds (Financial Times)

Signs of life are beginning to return to the beleaguered commercial property fund sector with investment flows starting to turn positive after months of heavy outflows.

Council passes Social Host Ordinance (Altus Times)

Just in time for post-graduation festivities, during its regular Tuesday night meeting, the Altus City Council passed a �?�Social Host Ordinance�?� , prohibiting the hosting of gatherings where alcoholic beverages, including low-point beer, are consumed by minors on either private property or commercial property.

Commercial real estate reels from assessments (Johns Creek Herald)

The first comprehensive revaluation of Fulton County's 23,800 parcels of commercial property has hit property owners large and small like a Holyfield haymaker, but the shock, says one lawmaker, is only the residue of years of neglect by county assessors.

AIG seeks to rebound from $7.8 billion loss (Business Insurance)

NEW YORK?Despite American International Group Inc.'s record $7.81 billion first-quarter loss, observers say it will remain a financial powerhouse.

Commercial property strong: Deloitte (AAP via Yahoo!Xtra News)

Opportunities in the commercial property sector are still strong despite the global credit crunch, according to financial services firm Deloitte.

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