News & Headlines
A directory of real estate links, outlining the most popular news and other articles as voted on by the BiggerPockets community.
Links from: startribune.com
Foreclosures also hurting commercial market
Commercial real estate -- those assets that have gone back to the lenders or are saddled with other kinds of financial problems -- dot the landscape like dandelions on a May lawn
Reinvesting in hard-hit properties
With billions of dollars worth of commercial real estate around the country "underwater" as the underlying properties languish with too few tenants, a bipartisan pair of U
CRE loan forecast now less dire
Ever since the financial crisis struck two years ago, commercial real estate has been viewed by some as a ticking time bomb aimed at the nation's economic recovery because of the large number of "underwater" commercial mortgages held by ...
Housing forecast downgraded - again
Blogs on news, politics, sports and entertainment in Minneapolis, St. Paul, the Twin Cities metro area and Minnesota.
Investor says Abdul defrauded him in deal | StarTribune.com
It's been about five months since federal agents raided the Minneapolis offices of developer Ned Abdul and business partner John Barlow for possible fraud involving billing tenants and allegedly skimming cash from their nightclub and event center
Washington County carrying highest rate of CRE vacancies
In the first half of 2010, Washington County had the highest commercial vacancy rate in the metro area, according to reporting by Cassidy Turley, a local commercial real estate firm
Hotel business makes comeback
In a summer that has seen nothing to generate much optimism in most commercial real estate sectors, the big exception has been hotels
3 well-known metro buildings in default
The owners of the Hotel Sofitel, the Minnesota Center and One Financial Plaza -- three well-known buildings in the Twin Cities -- are trying to restructure $88 million of outstanding debt after defaulting on loans
Rehabbing a rundown Minneapolis landmark
The wait for an elevator in Abdi Mohamoud's building on Minneapolis' West Bank can stretch to 15 minutes, so he often walks up eight flights to his apartment, through a stairwell with rusty pipes
It's back to the basics to fill up retail center
What does it take to fill retail spaces in a leasing environment that's probably the worst in living memory? The owners of two Twin Cities-area shopping centers that are getting takers despite the recession say the secret to their success is actua...
Apartment buildings lead the pack
In a commercial real estate market that's still downright scary for most types of properties, including office and industrial, there is emerging one clear winner: apartment buildings
Commercial real estate rents decline
There's more pain ahead for the Twin Cities commercial real estate market, judging from a sober new report out Thursday
In jail for being in debt | StarTribune.com
As a sheriff's deputy dumped the contents of Joy Uhlmeyer's purse into a sealed bag, she begged to know why she had just been arrested while driving home to Richfield after an Easter visit with her elderly mother
Minneapolis man accidentally boarded in his house
On May 12, the day the city inspector came to board up his house, Ted Poetsch was eating lunch. After living all of his 53 years at 823 Penn Av. N., Poetsch had an hour left to pack his stuff and get out. He Didnt make it
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