Fed stands pat but says will act if needed

WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke on Wednesday said U.S. monetary policy was “more or less in the right place” even though the central bank would not hesitate to launch another round of bond purchases if the economy were to weaken. In a sta
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Multifamily: Too Much of a Good Thing?

Multifamily investment sales continue to outpace other commercial property types in terms of growth of volume year over year. Multifamily sales in the first quarter were up 33% compared to a year earlier and were up 52% in 2011 compared to 2010. In preliminary full first quarter numbe
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GREEN LEAD | Green Building News from CoStar

GREEN LEAD is a column on environmental and sustainable design and construction, best practices for green building maintenance and operations, economic impact on developers and owners, new LEED and Energy Star building certifications, and trends in the Green Building movement. Send in
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LogMeIn Takes 101,821 SF in Boston

LogMeIn signed a 101,821-square-foot lease in two contiguous office buildings at 312-320 and 322-330 Summer St. in Boston. The company will relocate its corporate headquarters to the complex next year. There is a six-story, 58,800-square-foot Class C structure at 312-320 Summer and a
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Stocks climb at open after Apple earns

NEW YORK (Reuters) – Stocks opened higher on Wednesday after forecast-beating results from Apple removed a weeks-old market overhang and lifted optimism in a corporate earnings season that has already outstripped expectations. The Dow Jones industrial average added 24.51 points,
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Tips In Acquiring Properties To Turn Into A Rental

For every businessman, aside from protecting his or her business, another thing that should be on top of their to-do list is expansion. Unfortunately, in some businesses, the notion of expansion would mean top dollar investment. For one, if you are an investor in a rental property, ex
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Property Management Maintenance Tips

Follow these extremely practical property management maintenance tips to reduce your overall costs. This highly informative article covers inspections, leak preventions, exterminations and more! Real-Estate:Property-Management Articles from EzineArticles.com
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The Significance Of Property Management In Real Estate

Property management companies are not expensive; rather they help you make your job much easier. The actual goal of real estate investors when they invest in a property, whether it is a nuclear family home, bungalow, or even a villa, is basically cash flow. Real-Estate:Property-Manage
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Russell Investments Ctr Trades for $480M

CommonWealth Partners, a privately-held real estate investment, development and management firm based in Los Angeles, has acquired the Russell Investments Center at 1301 2nd Ave. in Seattle, WA for $ 480 million, or about $ 550 per square foot, from Milwaukee, WI-based life insurance
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Danizzi Corp Pays $9.4M for Best Buy Bldg in Hialeah

Danizzi Corporation acquired the Best Buy building located at 4001 W. 20th Ave. in Hialeah, FL from M. H. Sherman Company for $ 9.39 million, or about $ 168 per square foot. The retail building totals 55,880 square feet and was built in 1996 with Best Buy as the sole tenant. Chuck Kle
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