Archive for June, 2011

The Polyclinic signs lease for 7th & Madison building

Health-care provider The Polyclinic said Thursday it has signed the lease it tentatively agreed to last November for all nine floors of the 7th & Madison building on Seattle’s First Hill.


Economic Report: U.S. home prices rise again in May: CoreLogic

U.S. home prices rose for the second straight month in May, according to a private data analysis firm, raising hopes that prices may have found a bottom even if they are not yet set to rebound.


Former home of McCains up for foreclosure auction – AZCentral.com

The former home of Sen. John McCain and his wife, Cindy, on Phoenix’s Central Avenue is facing foreclosure. Before McCain’s 2008 presidential run, the couple sold the home for $3.2 million and moved to a penthouse in a new condominium project near the …


Sotheby’s Three-Part Single-Owner Evill/Frost Sale Closes with Final Total of $69,343,051

Visitors look at Stanley Spencer’s ‘Workmen in the House’ during a photo call at Sotheby’s in London. AP Photo/Akira Suemori. LONDON.- Sotheby’s London, on June 16th, 2011, the final session of Sotheby’s three-part Single-Owner Sale of the greatest collection of 20th-Century British ever to come to the market, The Evill/Frost Collection, closed with a final [...]


Fannie Mae and Freddie Mac hold summer clearance sales

The mortgage giants, which have taken back massive numbers of foreclosed homes, are offering significant incentives for new owner-occupant purchasers. Looking for a deal where the home seller pledges in advance to contribute potentially thousands of dollars to your closing costs? If so, check out the summer sale terms available from two of the largest [...]


Brighton’s Palace Pier up for sale (From The Argus) – The Argus.co.uk

Brighton’s landmark Palace Pier has been put up for sale by owners the Noble Group. Property firm GVA Humberts Leisure is handling the sale of the Grade II listed structure which includes the entire issued share capital of the Brighton Marine Palace and …


Queen Anne Hill apartment buildings sold

Emerald Bay Equity sold the Eden Hills and Sweetbriar apartment buildings to affiliates of RREEF, a real-estate subsidiary of Deutsche Bank that works with institutional investors.


Area foreclosures rise

The rate of home mortgage foreclosures in the Scranton/Wilkes-Barre area rose in April over the same period last year, according to real estate data provider CoreLogic.


Inside a high-end real estate deal gone bad

The placid panorama at the Bridges at Rancho Santa Fe belies the bruising battles among its developers. The cast includes a home-building titan, a bankrupt La Jolla deal maker and a con man-turned-preacher. Scattered across 540 acres of San Diego County hills and ravines, the 235 opulent homes of the Bridges at Rancho Santa Fe [...]


Home sales fall to 2011 low; few 1st-time buyers – Yahoo Finance

And their purchases allow sellers to move up to pricier homes. Instead, the market has been saturated with foreclosures, which force prices down. Sales of homes at risk of foreclosure fell in May. But they still made up 31 percent of all purchases.