Real Estate News

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Real estate briefs: May 11, 2008 8 May 08, 23:10 ET By NAPLES DAILY NEWS STAFF The National Association of Industrial Office Properties (NAIOP) Southwest Florida chapter has launched its first commercial real ... more Real Estate Sales Still Slumping 8 May 08, 23:00 ET By The Morning News Both Benton and Washington counties reported double-digit declines in March home sales, continuing the region's two-year slide. ... more Development Plans For Highly Visible Real Estate 8 May 08, 22:59 ET The Showcase Cinemas has been closed for only a week, but the city says the owner already has some nibbles on the property. National Amusements owns 135 ... more Conservationists make most of real estate crisis 8 May 08, 22:55 ET By Haya El Nasser, USA TODAY Plummeting real estate values and demand for new housing are hammering developers but helping conservationists, enabling land ... more Senator’s Ties to Real Estate Draw Criticism 8 May 08, 22:50 ET By ERIC LIPTON and ERIC LICHTBLAU TUSCALOOSA, Ala. — He has made millions as a title insurance executive, landlord and real estate developer in this college ... more Alexandria Real Estate posts higher Q1 FFO as revenues increase ... 8 May 08, 22:22 ET (RTTNews) - Thursday, Alexandria Real Estate Equities, Inc. (ARE: News, Chart, Quote ), a real estate investment trust, announced first quarter funds from ... more Timing may be right for real estate investors 8 May 08, 22:12 ET Not so, according to some individual investors, who think the market slump has made selected pockets of the Bay Area more desirable than they've been in ... more Lake level helping real estate significantly 8 May 08, 22:11 ET With the lake so low, people weren't as interested in moving to the lake and spending time here as they have been in the past. The lake has remained at a ... more Growing discontent with real estate body 8 May 08, 22:02 ET By KAREN GOODGER - Nelson | Friday, 09 May 2008 Two Nelson property owners whose complaints have been dealt with by the Real Estate Institute this year are ... more Buffalo Ranked as One of the Fastest Growing Real Estate Markets in the Nation 8 May 08, 21:53 ET These may be difficult economic times around the country, but at least one publication thinks things are improving in our area. CNN and Money Magazine have listed Buffalo and Niagara Falls as the fifth fastest growing real estate market in the entire country. more Two arrested in murder of Shallotte real estate agent 8 May 08, 21:34 ET By David Reynolds Craig Juan Bryant was arrested Thursday and charged with murder in the death of Adam Bradshaw. Police today arrested two people and ... more Indian real estate giant seeks partner 8 May 08, 21:28 ET The Indian real estate conglomerate Sigrun and a leading Israeli firm are in talks over a deal worth over $500 million, according to knowledgeable sources. more Real-Estate Drop Has a Green Lining 8 May 08, 21:25 ET By JIM CARLTON There's a green lining to the real-estate cloud: Developers are dropping plans to build on some choice pieces of land and instead are selling ... more Suspect in San Ramon real estate investor's slaying pleads not guilty 8 May 08, 21:19 ET (05-08) 18:12 PDT MARTINEZ -- The man accused of murdering San Ramon real estate investor Kashmir Billon pleaded not guilty Thursday as his relatives and ... more US House-approved mortgage crisis bill faces veto 8 May 08, 21:04 ET AFP - The US House of Representatives has approved a bill that lawmakers hope could stem the tide of home foreclosures due to the subprime mortgage crisis, but it faces a presidential veto. more Calif. Senate OKs fee to prosecute real estate fraud 8 May 08, 20:46 ET AP The state Senate has approved a bill to let counties increase real estate filing fees by $1 to help fund prosecutions for housing fraud. ... more Insurer AIG has $7.8 bln Q1 loss, to raise capital 8 May 08, 20:10 ET Reuters - American International Group Inc , the world's largest insurer, posted its largest ever quarterly loss on Thursday after writing down assets linked to subprime mortgages, and said it would raise $12.5 billion to strengthen its balance sheet. more Real estate bucks fears so far 8 May 08, 20:03 ET By Jeff Nagel - Peace Arch News - May 08, 2008 House prices have kept climbing in much of the Lower Mainland in 2008 so far, market statistics released to ... more Author : Commercial Real Estate Women (CREW) Network 8 May 08, 19:36 ET In the news release, Commercial Real Estate Women (CREW) Network Launches $100000 Scholarship Program to Foster Careers for Women in Commercial Real Estate, ... more North Texas property market better than most, real estate executives say 8 May 08, 19:35 ET Commercial real estate executives from around the country meeting in Dallas this week may not agree about where the national economy is going or how long the current credit crunch will last. more North Texas property market better than most, real estate ... 8 May 08, 19:24 ET By STEVE BROWN/ The Dallas Morning News Commercial real estate executives from around the country meeting in Dallas this week may not agree about where the ... more Real Estate in Victoria BC - Another Hot New Listing 8 May 08, 19:04 ET We the Properties in Victoria team are proud to announce another great new home for sale. This Fantastic well cared for Condo only minutes from Downtown ... more DWS RREEF World Real Estate & Tactical Strategies Fund, Inc. (DRP) Declares Monthly Distribution 8 May 08, 18:56 ET DWS RREEF World Real Estate & Tactical Strategies Fund, Inc. (NYSE: DRP) declared a distribution of $0.134 per share, payable on May 30, 2008 to shareholders of record on May 19, 2008. The ex-date is May 15, 2008. The previous monthly distribution amount was $0.134 per share. more Nation - Thursday 8 May 08, 18:48 ET Investor's Business Daily - Lawmakers voted 266-155 to create a $300 bil fund to help curb foreclosures, offering lenders a gov't guarantee if they write down principal. The bill also would give a $7,500 tax credit for 1st-time home buyers. Separate legislation passed Thu. that would send $15 bil to local communities hit hard by the mortgage crisis to help them buy and fix abandoned homes. President Bush has threatened to veto both bills, but the White House has said it supports some provisions and is open to a compromise. more Economist: Foreclosures to plague local real estate through mid-2009 8 May 08, 18:38 ET By PURVA PATEL The area's starter-home market will continue to soften, housing starts will slow further and foreclosures will pressure home prices this year ... more DWS RREEF World Real Estate & Tactical Strategies Fund, Inc. (DRP ... 8 May 08, 18:31 ET NEW YORK--(BUSINESS WIRE)--DWS RREEF World Real Estate & Tactical Strategies Fund, Inc. (NYSE: DRP) declared a distribution of $0.134 per share, ... more The six scariest real estate markets 8 May 08, 18:31 ET With the housing crunch upon us, you'd be wise to choose your markets carefully. Real estate expert Barbara Corcoran reveals which areas to avoid — and which to embrace. more Increased competition among real estate agencies 8 May 08, 18:11 ET The range of properties available is growing and the desire for new housing is being sated. There are more and more new apartments and in Bratislava a ... more Capital Partners Funding, Provider of Commercial Property ... 8 May 08, 18:06 ET Creative financing options from bank workouts, foreclosures, hard money, bankruptcies and many other types for real estate and commercial property funding ... more Saudi banks focus on marketing real estate investment funds 8 May 08, 17:40 ET By Mariam Al Hakeem, Correspondent Riyadh: Saudi banks, through their financial arms, are set to market new real-estate investment products. ... more Holly Real Estate to Receive President's Award From AIA Miami Chapter 8 May 08, 17:25 ET The Miami Chapter of the American Institute of Architects will honor Holly Real Estate/TCN Worldwide with a President's Award at an upcoming meeting on May 13th, at the site of the company's Miami Green office condominium development. more Unique Real Estate Model Wins National 8 May 08, 17:24 ET MONCTON, May 8 /CNW/ - Before a sell out crowd and among the nation's most recognizable franchise brands, PropertyGuys.com took home the top prize in ... more Maxine Conlin and Stephanie Belanich: here for all your real ... 8 May 08, 17:14 ET BY CHRISTINA SHANAHAN In the Douglaston and Little Neck real estate market, no one knows your options better than Maxine Conlin and Stephanie Belanich, ... more PASADENA, Calif., May 8 /PRNewswire/ -- Alexandria Real Estate ... 8 May 08, 17:08 ET For the first quarter of 2008, we reported total revenues of $109959000 and FFO available to common stockholders of $46976000, or $1.48 per share (diluted), ... more Defence Ministry official sacked over real estate deals 8 May 08, 16:57 ET Petar Pandourski was dismissed from his post as head of Defence Ministry's state property executive agency, the ministry's press service said on May 8 2008. ... more Real estate transactions May 9 8 May 08, 16:42 ET Leary & Brown Inc. to Michael E. Fowler and Peggy L. Fowler; 7302 Mobley Walk Drive; $288250; residential Robert R. Craig to Daniel L. Rausch and Tara L. ... more Tampa Real Estate - Area Housing Recovery Forecast 8 May 08, 16:36 ET By Jerome R. Stockfisch RISMEDIA, May 9, 2008-(MCT)-A top real estate economist offered shell-shocked Tampa Realtors a hint of optimism Wednesday, ... more Fidelity National Real Estate Solutions’ DocCentral Receives Award ... 8 May 08, 16:36 ET RISMEDIA, May 9, 2008– Fidelity National Financial, Inc. (NYSE:FNF), a Fortune 500 provider of products, services and technology solutions to the financial ... more Leading Real Estate Companies of the World Appoints Advisory Board ... 8 May 08, 16:36 ET RISMEDIA, May 9, 2008-Leading Real Estate Companies of the World® has named John D’Ambrogio of Rubloff, Inc. (IL) as chairperson of its Advisory Council. ... more Better Homes and Gardens Real Estate Appoints VP for Affiliate ... 8 May 08, 16:36 ET RISMEDIA, May 9, 2008-Better Homes and Gardens Real Estate LLC announced that Robert F. Albanese will serve as its vice president for affiliate consulting. ... more Recent real estate foreclosures 8 May 08, 16:29 ET By David Yates Wells Fargo Bank has filed for an application to foreclose on the property of Renee and Terry Jacks, located at 38754 Bellgreen Place, ... more Alexandria Real Estate Equities, Inc. Reports First Quarter 2008 ... 8 May 08, 16:20 ET PASADENA, Calif., May 8 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. ARE today announced operating and financial results for the first quarter ... more Trammell Crow Residential Announces its First-Ever Real Estate ... 8 May 08, 16:18 ET n for The Quarter, a new luxury development that is the anchor residential component of Westgate City Center in Glendale, Ariz. The auction will take place ... more Alexandria Real Estate Equities, Inc. Reports First Quarter 2008 Operating and Financial Results 8 May 08, 16:15 ET Alexandria Real Estate Equities, Inc. today announced operating and financial results for the first quarter ended March 31, 2008. more Reitred athletes agree to appear for real estate lawsuit - The Star-Ledger 8 May 08, 15:35 ET by William Kleinknecht/The Star-Ledger Faced with warrants for their arrest, former New York Giant Bart Oates and former New Jersey Devil Ken Daneyko agreed ... more Unique Real Estate Model Wins National Franchise Award 8 May 08, 15:26 ET Moncton, New Brunswick based PropertyGuys.com takes home Canadian Franchise "Award of Excellence" MONCTON, May 8 /CNW/ - Before a sell out crowd and among ... more LAWRENCE, Kan., May 8 /PRNewswire-USNewswire/ -- Commercial Real ... 8 May 08, 15:05 ET Through the CREW Network Scholarship Program, CREW Network will award ten (10) $10000 scholarships to women enrolled full time in their junior or senior ... more Tenant, 94, Held in Slaying of Real Estate Developer 8 May 08, 15:02 ET By SUNITA SOHRABJI A prominent real estate developer, with holdings throughout the US, was shot and killed May 1 in Oakland, Calif., allegedly by his ... more Rates on 30-year mortgages edge down slightly 8 May 08, 14:59 ET AP - Rates on 30-year mortgages edged down slightly this week, but remained above 6 percent for the third straight week. more Real Estate Broker Owner Solutions 8 May 08, 14:57 ET Real Estate Broker Owner Solutions LLC (REBOS) and Lone Wolf Real Estate Technologies today signed an integration and marketing partnership agreement ... more San Diego Economy, Real Estate Likely to Remain Unsettled 8 May 08, 14:39 ET The San Diego area’s economy will remain beset by job losses in real estate and weak growth in other sectors for at least another two quarters, according to ... more Real Estate Broker Owner Solutions and Lone Wolf Real Estate ... 8 May 08, 14:38 ET LOS ANGELES - (Business Wire) Real Estate Broker Owner Solutions LLC (REBOS) and Lone Wolf Real Estate Technologies today signed an integration and ... more Real Estate Broker Owner Solutions and Lone Wolf Real Estate Technologies Signed Integration and Marketing Partnership ... 8 May 08, 14:37 ET LOS ANGELES----Real Estate Broker Owner Solutions LLC and Lone Wolf Real Estate Technologies today signed an integration and marketing partnership agreement between the two companies. more A new reality for real estate agents 8 May 08, 14:24 ET Web-based services such as Zillow and HomeGain have set real estate information free, realtors' commissions are dropping. By Stephen Gandel, Money Magazine ... more Business & Real Estate 8 May 08, 14:10 ET By Kate Maier Agents may quibble over numbers, but the proof is in the pudding — downturns in real estate, which are affecting the rest of the country, ... more Third Avenue Real Estate Value Fund potentially saved $230570279 ... 8 May 08, 13:48 ET Note: All amounts are based on price of stock at date reported versus the current price! They do not represent actual profit/loss! ... more The Dfa Real Estate Securities Portfolio potentially saved ... 8 May 08, 13:48 ET Note: All amounts are based on price of stock at date reported versus the current price! They do not represent actual profit/loss! ... more International buyers eye Canadian real estate 8 May 08, 13:38 ET By Lauren Sherman Forbes The US housing market may be faltering, but thus far, Canadians haven't a worry in sight. Canada's dollar has had its strongest ... more Wachovia revamps real estate leadership 8 May 08, 13:35 ET Wachovia Corp. is reorganizing the leadership of real estate businesses within its corporate and investment bank, an area that has suffered in the global credit crunch. The Charlotte bank in March named former retirement products executive Bob Reid head of real estate-related businesses in March. Now he's setting up a team of top lieutenants that expands to eight from five. The group handles the ... more Real estate Q&A 8 May 08, 13:25 ET By THOMAS MUSIL Q. I am the current president of a small, 20-unit homeowner's association (HOA) in Orange County, Calif. Our current management company ... more Costa Rica Real Estate Developer Announces Expansion 8 May 08, 13:24 ET Overlooking one of the most breathtaking locales on earth, Cerro Fresco is set to dominate the Costa Rica real estate market through its strategic location, ... more GEO Monitor New IPO Alert: Hang Zhou Binjiang Real Estate Group 8 May 08, 13:21 ET Hang Zhou Binjiang Real Estate Group announces its IPO. The details of the issue are as follows: This report is provided as part of IIR Group Ltd.’s GEO ... more Achieving Greater Satisfaction with One-Stop Real Estate Shopping 8 May 08, 13:19 ET RISMEDIA, May 10, 2008-The National Association of Realtors® and Harris Interactive recently partnered to conduct a public opinion study of consumer ... more Aggressive Real Estate Marketing Using Web Video 8 May 08, 13:10 ET Aggressive real estate agents and brokers are teaming up with video producers on WellcomeMat.com to demonstrate the most compelling means for showcasing a ... more Major provisions of housing rescue package 8 May 08, 13:05 ET AP - Major provisions of housing rescue bills in the House aimed at heading off foreclosures, preventing neighborhood blight and stabilizing the market. more Ontario's Next Generation Jobs Fund Likely to Have Real Estate Impact 8 May 08, 13:03 ET The government of Toronto is on the verge of awarding a new series of grants to local businesses, a move that promises to stimulate demand for certain kinds ... more How to Help Consumers Better Grasp the Real Estate Process, Part One 8 May 08, 13:00 ET RISMEDIA, May 10, 2008-Evolution is defined as the process of change in the inherited traits of a population of organisms from one generation to the next. ... more Spanish Economy Minister says the real estate market must correct ... 8 May 08, 13:00 ET By hb - May 8, 2008 - 6:53 PM Pedro Solbes told the Economy and Tax Commission in Congress that he is against intervention to halt the adjustment in the ... more REAL ESTATE 8 May 08, 12:59 ET Manufacturing Machine Shop 7800 sq. ft. Gas heat, air, 3 phase, offices, overhead hoists, phone system. Prime location, $2000 per month. Hope IN. ... more DJ DGAP-AFR: Deutsche Real Estate AG: Announcement according to Articles 37v, 37w, 37x et seqq. of the WpHG [the ... 8 May 08, 12:55 ET Deutsche Real Estate AG / Preliminary announcement on the disclosure of financial statements 08.05.2008 Announcement according to articles 37v, 37w, 37x ff. WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. more Commercial Real Estate Women (CREW) Network Launches $100,000 Scholarship Program to Foster Careers for Women in ... 8 May 08, 12:44 ET CREW Network Scholarship Program is part of overall effort to reduce barriers For women pursuing careers in commercial real estate more Noted Real Estate Entrepreneur and Art Collector Mera Rubell to ... 8 May 08, 12:43 ET Brooklyn , NY – Prominent philanthropist and art patron Mera Rubell will receive the Distinguished Alumni Award from Long Island University 's Brooklyn ... more Toronto Real Estate Board: Over 1000000 Square Feet Leased in April 8 May 08, 12:37 ET TORONTO, ONTARIO--(Marketwire - May 8, 2008) - TREB Members reported 1108430 square feet of space leased through the TorontoMLS system, up four per cent ... more CIT Scales Down Commercial Real Estate Division 8 May 08, 12:36 ET NEW YORK -(Dow Jones)- CIT Group Inc. (CIT) has scaled back its commercial real estate finance division as the company struggles to remain afloat. ... more New Report Contains Ratings and Benchmarks for Investing in ... 8 May 08, 12:15 ET Research and Markets (http://www.researchandmarkets.com/reports/c91071) has announced the addition of US Residential Real Estate Market Report Q2 2008 to ... more Alexandria Real Estate Equities Inc (A6W.BE) newly added by Menta ... 8 May 08, 12:07 ET Note: All amounts are based on price of stock at date reported versus the current price! They do not represent actual profit/loss! ... more Alexandria Real Estate Equities Inc (A6W.BE) more shares bought by ... 8 May 08, 12:07 ET Note: All amounts are based on price of stock at date reported versus the current price! They do not represent actual profit/loss! ... more Berkshire Real Estate CEO Sees "Light at the End of the Tunnel" 8 May 08, 11:59 ET The top executive at a Berkshire Hathaway real estate company tells CNBC, "We are seeing some light at the end of the tunnel" for the nation's housing ... more Real estate, like all businesses, requires lots of expertise 8 May 08, 11:56 ET By John Temple Ligon Temple@TheColumbiaStar.com The main lobby area of the Columbia Museum of Art was filled with associates and friends of Columbia- based ... more City attorney: Mayor's oil and gas, real estate dealings aren't ... 8 May 08, 11:35 ET By MIKE LEE FORT WORTH -- Mayor Mike Moncrief earned at least $633000 from the oil and gas business last year and had an interest in several real estate ... more IT sleuths raid real estate dealers 8 May 08, 11:23 ET 8 May, 2008, 2021 hrs IST, PTI LUDHIANA: Income Tax sleuths on Thursday conducted raids on 13 premises of real estate dealers in this city of Punjab, ... more Inland Real Estate Corp (IRC) newly added by Cambridge Investment ... 8 May 08, 11:22 ET Note: All amounts are based on price of stock at date reported versus the current price! They do not represent actual profit/loss! ... more Inland Real Estate Corp (IRC) more shares bought by Dlibj Asset ... 8 May 08, 11:22 ET Note: All amounts are based on price of stock at date reported versus the current price! They do not represent actual profit/loss! ... more Inland Real Estate Corp (IRC) no change in holdings by Citizens ... 8 May 08, 11:22 ET Note: All amounts are based on price of stock at date reported versus the current price! They do not represent actual profit/loss! ... more Inland Real Estate Corp (IRC) holdings reduced by Menta Capital Llc 8 May 08, 11:22 ET LONG BEACH (Mffais.com) - Menta Capital Llc sold -32500 (-38.32 %) of their shares in Inland Real Estate Corp (IRC), bringing their current holdings to ... more Charleroi school officials hope to hold line on real estate taxes 8 May 08, 11:21 ET By Chris Buckley Officials of the Charleroi Area School District are attempting to balance the budget for the upcoming fiscal year without raising taxes. ... more Buffett Real Estate CEO Sees Housing Comeback 8 May 08, 11:10 ET The battered housing market has steadied and is ready to bounce back off an inevitable pullback from its boom times in the earlier part of the decade, said Ron Peltier, the CEO at Warren Buffett's Homeservices of America real estate company. more Panama Real Estate Report Reveals Secrets For Retiring to Panama 8 May 08, 11:06 ET The tropical Republic of Panama has experienced unbridled growth in 2007 with a booming economy, nascent real estate market, and emerging pull for ... more Real estate recovery expected by 2010 8 May 08, 11:04 ET The worst of the area's residential real estate downturn is behind the Baltimore region, but data show a real turnaround could be two years away, a top analyst told real estate agents Wednesday. more Pure Real Estate forms joint venture with TAKtical Realty Group 8 May 08, 11:03 ET UAE. Pure Real Estate and TAKtical Realty Group announced today the establishment of 'TAKtical Realty Abu Dhabi' (TRA), the new company under the joint ... more PERE Magazine Unveils 30 Largest Private Equity Real Estate Firms 8 May 08, 10:52 ET The Blackstone Group and Morgan Stanley Real Estate are the two largest private equity real estate firms in the world, according to the PERE 30, a new ranking of private equity real estate firms produced by PERE magazine. more Real estate agents on the cheap 8 May 08, 10:46 ET When Cindy Brockwell, 58, and Bill Dailey, 62, sold their townhouse in Reston, Va. in early April, the only real estate agent involved was the one who brought them their buyers. more Rochester named fastest growing real estate market 8 May 08, 10:18 ET Even though the real estate industry has been struggling, Rochester has been named the second fastest growing real estate market by Money magazine. ... more Real estate: Hanover area bright spot in bleak market 8 May 08, 10:14 ET Hanover was one of the bright spots in a York County real-estate market that like the rest of the country is reeling from sluggish housing sales. During the first three months of 2008, most York County school districts saw double-digit drops in the percentage of new and existing homes sold. more Real Estate Developer Exceeds US Army Corps of Engineers ... 8 May 08, 10:02 ET Snake River Sporting Club, the private residential sporting community in Jackson Hole, Wyoming, has received official documentation from The US Army Corps ... more Economic Forecasters say There's Hope for San Diego's Real Estate 8 May 08, 09:35 ET The lagging real estate market has hit San Diego's economy hard, but its not as bad as elsewhere in California and things could begin to turn around toward the end... more Cantor Fitzgerald Launches Real Estate Group 8 May 08, 09:27 ET By MortgageOrb.com on Thursday 08 May 2008 Global financial services firm Cantor Fitzgerald LP has created Cantor Real Estate LLC and appointed Andrew N. ... more The Upside Of Florida Real Estate 8 May 08, 09:16 ET With the bounty of tourist attractions, the beaches and everything else that Florida has to offer, it is indeed a great place to invest in real estate. more Bees Hunt for Upper East Side Real Estate 8 May 08, 09:14 ET The Gothamist Newsmap indicated an "unusual incident"at 75th Street and 2nd Avenue in Manhattan yesterday. The Emergency Service Unit officers responded, ... more Panel offers advice on reaching luxury real estate market 8 May 08, 09:11 ET The high-end luxury real estate market has always been a coveted market, and one not always subject to the economic fluctuations of other segments. ... more Local mortgage, real estate companies offer community workshop to ... 8 May 08, 09:11 ET Concerned homeowners who have recently purchased homes in the Monmouth County area are invited to attend a free, broad-based community workshop entitled ... more SD I Launches Enhanced Online Real Estate Portal 8 May 08, 09:08 ET CHICAGO, May 8 -- BOMA Conference Booth #9075 -- SD I (System Development Integration, Inc.), a systems integrator specializing in technical and operational ... more Something New In Real Estate: Territory Launches Website That ... 8 May 08, 09:08 ET Territory Real Estate, the Buyer's Broker™, has launched a new website which dramatically enhances the user experience and makes the home buying process ... more Eurobank Properties to buy 100 pct of Greek real estate co for ... 8 May 08, 08:42 ET ATHENS (Thomson Financial) - Eurobank Properties REIC said it has signed a promissory contract to buy 100 percent of Greek real estate company Tavros ... more Real estate boom in Morocco attracts foreign investment 8 May 08, 08:23 ET Foreign investments in real estate in Morocco reached 7 billion Moroccan Dirhams (0.91 billion US dollars) last year, up from 245 million dollars in 2002, ... more Commercial real estate industry hit by MBT 8 May 08, 08:11 ET As Michigan's commercial real estate industry sorts out tax payments for the first quarter of 2008, many are finding themselves shocked by the impact the ... more<