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OAKLAND, CA-Job losses this year and expiring short-term extensions on still distressed debt in 2010 and 2011 could mean several additional years of weak office values.
WALNUT CREEK, CA-In response to a court order the city council here cancels its approval of plans to add a department store at Broadway Plaza; instead, voters will decide the issue in November.
WALNUT CREEK, CA-In response to a court order the city council here cancels its approval of plans to add a department store at Broadway Plaza; instead, voters will decide the issue in November.
SAN FRANCISCO-The San Francisco Board of Supervisors this week unanimously reject a union's appeal of a 115-unit, eight-story residential-over-retail development at Market and Buchanan streets.
LAS VEGAS-Harrah's Entertainment buys a junior piece of the $860-million Goldman Sachs Mortgage Co. loan on the property a day before it slips into default.
PORTLAND, OR-The sale to a fund of Merlone Geier Partners, for just 14% more than it paid for it more than a decade ago, is part of Glimcher's effort to increase liquidity.
SALEM, OR-If approved in US District Court the private equity firm and the principal of Emeritus Senior Living will acquire 148 senior living properties from Sunwest Management.