Commercial Real Estate, US Real Estate

BRE Properties Acquires $56.5 million Apartment Community

By Tavis J. Hampton | February 19, 2011
BRE Properties is now the proud owner of The Vistas of West Hills in Valencia, California. In an acquisition valued at $56.5 million, the apartment owner and management company purchased a 220-unity property built in 2008, consisting of 10 three-story buildings, all wood-framed and stretching across 9 acres.
Commercial Real Estate, US Real Estate

Duke Realty Closes on 43 of 56 Properties

By Tavis J. Hampton | February 17, 2011
Duke Realty Corporation, one of the largest commercial real estate companies in the United States has just closed on 43 of the 56 properties it acquired from Premier Commercial Realty.
Real Estate Investing

Property23 Approaching Its 4,000th Investment Purchase

By Tavis J. Hampton | February 16, 2011
Property23 specializes in providing affordable investment opportunities for is customers, making the most of low-cost foreclosed houses that would otherwise sit vacant and unsold. With millions of foreclosed houses on the market, and Property23 invests in high-quality properties, refurbishes them, and helps customers make informed purchases.
Featured News, Home Builders/Developer's

KB Introduces Energy Performance Guide

By Tavis J. Hampton | February 15, 2011
KB Home now has a rating system to help prospective home buyers calculate their ongoing energy costs. The new system is called EPG (Energy Performance Guide) and will be posted in all new KB model homes according to their news this week.
US Real Estate

15 Million Americans Owe More Than Homes Are Worth

By Tavis J. Hampton | February 11, 2011
There is a pocket of Americans who have managed to make their mortgage payments and keep their homes, but who also owe more than the homes are actually worth. While some may owe $200,000 on a $198,000 home, others may owe as much as $200,000 on a home only worth $75,000.
US Real Estate

Phoenix and MG Acquire $53 Million Orange County Apartments

By Tavis J. Hampton | February 9, 2011
Phoenix Realty Group (PRG) and MG Properties Group (MGPG) have joined forces to secure a $53 million apartment community in Orange County. The community, Crystal View, offers affordable housing to workers, many of whom are employed at nearby theme parks, such as Disneyland, and medical establishments, such as the University of California Irvine Medical Center.
Residential

TMG Introduces New Market Research Design

By Tavis J. Hampton | February 8, 2011
The Marketing Group of New England announces the development of a new service aimed at residential developers. Qualitative research is focused on customizing and targeting development plans along consumer defined variables.
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