Commercial Property News Archive for 28-May-2009

(AFX UK Focus) 2009-05-27 21:06 US commercial property off 10.5 pct in qtr--report (Interactive Investor)

NEW YORK, May 27 (Reuters) - U.S. commercial real estate prices fell 10.5 percent in the first quarter and 12.2 percent in 2008, according to British real estate data and analysis provider IPD's first analysis of the U.S. market. Including monthly income, which rose 5.4 percent in 2008, the overall total return for U.S. commercial real estate was down 7.4 percent, according to the report ...

Kimpton Hotels Becomes Player In Distressed Commercial Property (Nasdaq)

NEW YORK -(Dow Jones)- Kimpton Hotels and Restaurants, well-known purveyor of boutique hotels, is scooping up distressed commercial real estate properties to expand its presence in niche lodging.

Evton Capital Partners Expands Property Management Business (CCNMatthews via Yahoo! Finance)

TORONTO, ONTARIO-- - Evton Capital Partners is pleased to announce that it has begun to offer its commercial property management services to third party clients. Due to the success and investment in its internal property management platform for the Evton Real Estate Fund, Evton has decided to expand its management business on a selective basis.

Tough Hawaii economy means more work for commercial property managers (BizJournals)

Commercial real estate sales and leasing may be slow, but work has gotten a lot busier for commercial property managers, who are spending more time fielding requests from businesses that want their landlords to give them a break on the rent during this tough economy.

Deadline to oppose proposed Troy BID is June 1 (BizJournals)

The deadline is fast approaching for commercial property owners in Troy, N.Y., to file objections to a proposed Business Improvement District downtown.

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