WEST DES MOINES—The property has suffered from a low occupancy rate, but Baceline plans to redevelop the center and increase its value.

CHICAGO—The company will bet on the recovery of Northwest Indiana and revive a foreclosed property.

ORANGE COUNTY, CA-So many homeowners renting out their single-family dwellings begs the question of how property values are being affected. Experts weigh in on this trend and its impact on property values.

IRVINE, CA-In an UPDATE to an earlier story, an increase of single-family building permits and foreclosures in the Reno market should provide some inventory, but not enough to satisfy demand, according to RealtyTrac.

MELVILLE, NY- Mark Dufton from DJM Realty, A Gordon Brothers Group Co., (RECon booth S289) talks to GlobeSt.com about the changing supermarket sector.

CLEVELAND—A pair of developers continue their efforts to remake unused Ohio properties.

PITTSBURGH-The Standard Life Building is facing a foreclosure action by First Commonwealth Bank over financing in excess of $5 million.

IRVINE, CA- Auction.com ;'s Eric Paulsen says that multifamily is still a hot sector but trails others in commercial real estate when it comes to transaction activity.

Neill Kelly of DJM Realty, A Gordon Brother Group Co. (RECon booth S289) says that dollar-store expansion has not slowed down.

HORSHAM, PA-Berkadia Commercial Mortgage LLC, based here, reports it has reached an agreement with KeyBank Real Estate Capital to subservice a commercial portfolio valued at $75 billion that KeyBank has agreed to purchase from Bank of America.

IRVINE, CA- Auction.com 's Eric Paulsen says that multifamily is still a hot sector but trails others in commercial real estate when it comes to transaction activity this year.

IRVINE, CA-In an update to an earlier story, RealtyTrac’s interactive heat map shows Nevada had the highest rate of foreclosures per housing unit in April.

NEW YORK—New CEO to build billion-dollar portfolio of diverse real estate assets.

IRVINE, CA-Numbers increase as servicers in some non-judicial states adjust to legislation designed to prevent improper foreclosures, reports RealtyTrac.

MCALLEN, TX-The Newport Beach investor acquires more than 800,000 square feet in McAllen and El Paso TX from CIII Capital Partners for approximately $17 million.

NEW YORK CITY-The trend toward “average assets and aggressive assumptions,” according to Fitch, is occurring even as delinquencies continue declining for securitized CRE loans.

HOUSTON-Piedmont Office turns the keys of the 150,000-square-foot 1200 Enclave to Griffin Capital a little more than two years after buying the class A asset out of foreclosure for $18 million.

WASHINGTON, DC—New York State-based community development entities came out as a big winners in this year’s round of New Market Tax Credits allocations.

BASTROP, TX-The Austin, TX-based buyer acquires the 28,000-square-foot, freestanding emergency center from the Oklahoma City-based seller.

WASHINGTON, DC—The Treasury Department announced it would distribute $3.5 billion of New Market Tax Credits to organizations across the country. In this UPDATE we take a closer look at the program and the 85 Community Development Entities that were selected.