ProLogis AMB Merger Solves A Wealth of Problems

In news from the commercial sector, Denver based ProLogis, and AMB Property Corporation of S.F. announced on Wednesday their merger negotiations. These two publicly traded companies are the two largest players within the warehousing and distribution center realm. Some experts suggest the merger is nothing more than an effort to make economies of scale more reaonable for the two. ProLogis has lost millions due to logistic nightmares and other such inefficiencies spotlighted by the financial crisis worldwide.

Ohio Real Estate – Indicator of Reason

Experts say 2011 will see an additional 1.2 million homes thrown into foreclosure. While optimism is a good thing, it is not reality for today’s foreclosure situation. There are 5 million homeowners in America who are at least two months behind on their mortgages – these are outside the current foreclosure lists. What would you bet on a borrow who is two months behind?

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