Charm offensive: Seeking success closer to the ground
George E. Marks seems entirely too cheerful for an owner of office developments.
'); } -->
George E. Marks seems entirely too cheerful for an owner of office developments.
From his 30th-floor Center City office, William J. Hirschfeld has an in-your-face reminder that all is not well in commercial real estate.
Question: What policies do you recommend to keep us out of the types of recessions just experienced in the United States?
Mark Noble has battle scars from the last real estate debacle, when he was a developer and borrower in Tyler, Texas.
Exactly when the Philadelphia region's distressed commercial real estate landscape will shed its "Space Available" banners is uncertain.
Nine months ago, the Obama administration offered banks $75 billion in taxpayer money to rework troubled mortgages.
The Federal Housing Administration is giving the condo market something it hasn't had for a while - a little breathing room.
The number of properties heading to the market may be much larger than anyone thought and appears likely to swamp South Florida with more deeply discounted homes, clouding the prospects for a housing recovery.
The long recession and a severe credit crunch are strangling commercial real estate, putting strain on already-battered Florida banks.
Shares of major builders of homes rose with a Commerce Department report of a steep monthly increase in sales of new housing.
Efforts to increase the amount banks must pay condo associations for units in foreclosure died in the legislative session, as legislators continue grappling with the state's budget problems.
Two years after fissures in the residential housing market gave way to a national collapse of home prices and sales, experts warn that the the commercial real estate market is next shoe to drop, bringing more woes to the battered economy. Thousands of commercial mortgages valued at hundreds of billions of dollars are approaching their renewal dates, and by some estimates, two out of every three no longer will meet the original loan conditions and won't be able to be refinanced.
South Florida property owners, expecting a silver lining in the collapse of real-estate prices, are challenging assessments in record numbers.
Property-tax notices due in August could bite harder because of questionable higher appraisals.
Some pointers for homeowners watching their 2009 property assessments.
Property-tax notices due in August could bite harder because of questionable higher appraisals.
A federation of lending and real estate professionals wants Florida lawmakers to find a way to get new home buyers an $8,000 federal tax credit upfront to help them make down payments.
Quarries have never exactly been a green endeavor. But a newly opened manufacturer of quartz and marble countertops is hoping to change that.
A switch was pulled and the shelves of equipment murmured softly and turned on the lights. A house in Miami's Bay Heights quietly went off the grid and onto hydrogen power.
Tangelia Sands watched Ario Lundy build affordable houses in her Liberty City neighborhood for several years, admiring them from afar. Next month, she and her four children finally will move into one of those homes.