HUD Reports U.S. New Home Sales Decline in June

David Crowe According to HUD and the U.S. Census Bureau, sales of newly built, single-family homes slowed 8.4 percent to a seasonally adjusted annual rate of 350,000 units in June following an upwardly revised, strong pace in the previous month. “While we would have liked to see
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Pain in Spain hits Wall Street, Texas Instruments off late

NEW YORK (Reuters) – Stocks fell for a second straight session on Monday, as Spain appeared closer to needing a national bailout and poor corporate results weighed on the market. Weak results from McDonald's Corp added to the cautious tone on Wall Street. Materials stocks w
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Index futures edge lower as Europe weighs

NEW YORK (Reuters) – Stock index futures edged lower on Tuesday as traders remained focused on high bond yields in Spain and as a cautious outlook from tech bellwether Texas Instruments weighed on sentiment. Texas Instruments Inc's second-quarter profit beat Wall Street exp
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Apple blames quarterly miss on new model anticipation, economy

SAN FRANCISCO (Reuters) – Apple Inc's results fell short of Wall Street's expectations as the European economy sagged and consumers held off on buying its flagship iPhone ahead of a new version expected in the fall, hitting its stock price. Shares of the world's m
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LeFrak Hires Regional Leasing Director for Newport

National Real Estate Investor
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A Conversation With Federal Realty CEO And NAREIT Chairman Don Wood

After 14 years of executive experience at Federal Realty Investment Trust — including nearly a decade as president and CEO — Donald C. Wood occupies a position of even greater prominence and influence within the publicly traded REIT space. Wood is the current chairman of N
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One Court Sq Sells for $481M

SL Green Realty Corp. (NYSE: SLG), along with joint venture partners including JP Morgan Chase & Co., have sold One Court Square in Long Island City, NY to a private investor group led by David Werner for a total consideration of $ 481 million, or about $ 324 per square foot. The
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Bedding Experts Signs Lease at Deerfield Village Centre

National Real Estate Investor
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CoStar’s People of Note (July 15-21)

This week’s People of Note includes the following markets: Chicago, Los Angeles, Philadelphia, Seattle, South Florida and Southwest Florida. SOUTH FLORIDA, SOUTHWEST FLORIDA Pages Joins Blanca CRE as EVP By Justin Sumner Blanca Commercial Real Estate hired Alison Pages as execut
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New Boston Fund Closes on Waterford Centre Acquisition

New Boston Fund has closed on its acquisition of Waterford Centre, a 91,000-square-foot, six-story, class A office building located at 6205 Blue Lagoon Dr. in Miami, FL. Built in 1999 on four acres located off the Dolphin Expressway and immediately across from the Miami International
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