The Commerce Department reported sales of new single family homes at 444,000 (seasonally adjusted annual rate) for October – a 25 percent increase over the previous month’s rate and the highest level in six months. The October median sales price … Continue reading →
In an effort to turn around its business, Sears Holdings Corp. will spin of its Land’s End clothing line into a separate publicly traded company. The company has seen sales slump since the $11 billion merger of Sears and Kmart … Continue reading →
Residential building permits are being issued at their fastest pace since June 2008. Recent U.S. Commerce Department data shows a 15 percent surge in multifamily permits nationwide with about one in three building permits issued this year being for the … Continue reading →
Retail sales over the Thanksgiving holiday weekend were 2.9 percent lower than a year ago due in part to lower prices, according to the Washington Business Journal (citing data from the National This drug viagra canada pharmacy if consumed in … Continue reading →
In an effort to generate sales growth, Macy’s is spending $400 million on the renovation of its Herald Square store adding 100,000sf of retail space for a total of 1.2 million square feet. The renovation project is expected to complete … Continue reading →
The MTA is selling a 550,000sf site in the Pelham Gardens area of Bronx to a partnership of Grid Properties and Gotham Organization for $30.5 million,
Continue reading →Investment sales activity in Hawaii totaled $2.2 billion during the first half of 2012 – a 134 percent gain from mid-year 2012 levels, according to Pacific Business News (quoting data from Colliers International Hawaii). The transaction count for commercial real … Continue reading →
In commercial real estate, early repayment of a CMBS loan may entail high penalties. This is because such loans are often bundled together and sold to investors as debt securities with a guaranteed rate of return. An early repayment would … Continue reading →
The U.S.economy added 162,000 jobs in July. Most of those jobs were in retail, food services, financial activities and wholesale trade, according to The New York Times. Many hurdles have to be wholesale viagra india overcome. super cialis canada Mengiste … Continue reading →
TotalU.S.retail sales of fish and seafood were in excess of $14.7 billion in 2012 – up from $13.3 billion in 2008. That number is expected to reach $17.1 billion by 2017, according to QSR. In contrast to the increase in … Continue reading →