Mortgage Applications Uptick in U.S.

According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 21, mortgage applications increased 4.9 percent from one week earlier, which included the Columbus Day holiday. The Market Composite Index, a measure of mortgage
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CBRE Sells 150,000-SF Trophy Retail Asset for $128 Million

CB Richard Ellis negotiates the sale of a prime retail building in Boston’s Downtown Crossing. National Real Estate Investor
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TA Realty Sells Charlotte Complex to REIT for $61M

TA Associates Realty sold a 1.08 million-square-foot industrial complex in Charlotte, NC, to Liberty Property Trust (NYSE:LRY) for $ 60.75 million or $ 56 per square foot. Crosspoint Center has seven buildings ranging from 80,682 to 268,800 square feet on 78 acres in Mecklenburg Count
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Robbing Peter to Pay Paul: Fraud in Real Estate JVs

As some properties have struggled, developers with multiple joint ventures are sometimes moving funds around to hide distress. National Real Estate Investor
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Stock futures signal more gains for equities (Reuters)

Reuters – Stock futures pointed to a higher open for equities on Wall Street on Monday, building on sharp gains in the previous session, with futures for the S&P 500, Dow Jones and Nasdaq 100 up 0.4 to 0.5 percent. Yahoo! News: Business News
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London Is The Prime Investment Location Amid the Slowdown

In 2008, property markets all around world collapsed. The slowdown was apparent all over the UK. Even in such adverse conditions, the London property market proved to be the center of secure property investments. Real-Estate:Property-Management Articles from EzineArticles.com
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U.S. Foreclosures Increase in September, Loan Delinquency Rates Decline

According to Lender Processing Services’ “first look” month-end mortgage performance statistics report for September 2011, delinquency rates dipped as foreclosures increased. This data is derived from their loan-level database of nearly 40 million U.S. mortgage loans
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Earnings forecasts look less bright (Reuters)

Reuters – Prospects for corporate earnings are dimmer in the coming quarters — even though reports so far this quarter have been relatively bright. Yahoo! News: Business News
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Blackstone Buys $1B Duke Realty Portfolio

Blackstone buys a $ 1 billion portfolio of office properties from Duke Realty. National Real Estate Investor
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Anchor Commercial Given 90 Days To Raise Money or Be Sold

The Federal Reserve System has deemed Anchor Commercial Bank in Juno Beach, FL, undercapitalized and has yet to submit it an acceptable capital restoration plan as required. The Fed issued the bank a “Prompt Corrective Action Directive,” which gives it 90 days to increase
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