USAA Sells 16 Real Estate Properties

USAA Real Estate Company has sold 16 of its properties in a Single Tenant Net Lease Retail Portfolio.  An affiliate of The Inland Real Estate Group of Companies, Inc. purchased the portfolio for an undisclosed amount. The 16 properties in the portfolio total 118,046 square feet and are leased to tenants from several well-known companies,

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Realty Trac: Foreclosures Decreased in 2010

Realty Trac, a website that serves as an open online marketplace for foreclosure purchases, announced its fourth quarter foreclosure sales report for 2010, revealing that the number of foreclosures actually decreased in 2010 but still accounted for 26 percent of all residential sales. In 2009, the percentage was 29.

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