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Commercial property news and information
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Portland's Restraint Benefits Its Rising Commercial Sector
The Northeast city's relatively conservative approach toward new development has been something of a mixed blessing for its real-estate market. More »
Toll Brothers' Net Falls 19%; Outlook for Year Is Reduced
A downturn in the housing market has resulted in a dip in revenue for the luxury home builder and has led the company to reduce the number of lots it controls. More »
Glenborough to Be Acquired For $1.9 Billion in Cash Deal
The real-estate investment trust agreed to be acquired by Morgan Stanley Real Estate for $26 a share, the latest in a string of REIT deals this year. More »
Troubled Mall REIT Terminates Its President
Mills Corp. removed the executive and says another senior exec will leave the company. The termination could indicate that the real-estate investment trust hasn't found a buyer at an acceptable price. More »
Home-Builder Confidence Sours As Existing Spring Sales Slowed
Industry confidence fell in August with a National Association of Home Builders index declining to 32, its lowest point since 1991. Existing-home sales dropped 7% in the second quarter. More »
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Commercial Boom Gathers Steam In Vancouver, British Columbia
A face-lift for a small 10-story building downtown underscores the strengthening office market in Canada's third-largest metropolitan area in terms of population after Toronto and Montreal. More »
Three Red Flags to Consider When Screening New Tenants
The recent housing boom made becoming a landlord relatively easy, but becoming a successful one is another matter. Doing some legwork can pay off in the long run when it comes to managing a rental property. More »
Popularity of 1031 Exchanges Surges With Market Decline
Investors who want to cash in their chips on real-estate bought as an investment and defer the tax bill, in some cases forever -- can do so by trading into another piece of property. More »
Cendant Corp. Reports a Loss Following Split Into Four Firms
The former travel and real-estate conglomerate said revenue fell at its Realogy unit, which owns brands such as Century 21, ERA and Coldwell Banker, amid the slowdown in the housing market. More »
Toll Brothers Posts 47% Decline In Orders; Sets Bleak Outlook
The home builder says an inventory glut and waning buyer confidence are responsible for the drop -- and there are no signs of a rebound in sight. More »