Commercial Property News Archive for 02-Oct-2006

Real-estate funds post another rosy quarter despite housing slump (Market Watch)

BOSTON (MarketWatch) -- An improved outlook for commercial property helped real-estate mutual funds lead all sector-fund rivals in third-quarter performance despite a sharp downturn for U.S. housing.

Stamford begins updating property values tomorrow (Stamford Advocate)

Today, for taxation purposes, homes and commercial property in the city are worth what they were in 1999. Tomorrow, those numbers could go way up.

$116 million property tax relief plan announced (Iowa Farmer)

N.D. Gov. John Hoeven announced a $116 million property tax cut plan for North Dakota property owners. The plan would provide tax relief for residential property in the amount of 10 percent, for agricultural property in the amount of 5 percent, and for commercial property in the amount of 5 percent.

Plan would finance fixes for commercial property (Columbia Daily Tribune)

Proposed changes to a lengthy municipal planning document would allow federal grant money to be used to coax property owners to refurbish or raze vacant and run-down commercial buildings in central Columbia.

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