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Real Estate

Latest Real Estate Financial News

NASSAU, The Bahamas, Dec. 21, 2011 /PRNewswire/ -- H. Hunter "Terry" White III and his family have acquired Lynum Investment Group Ltd.'s shares in the New Providence Development Company Limited (NPDCo).Since 1998, the diversified Bahamian land development company has been jointly owned and operated by the White family and Lynum Investment Group, an affiliate of Tavistock Group, which is a private investment company. Lynum Investment Group held 50 percent of NPDCo's outstanding shares.With extensive[...]

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       SACRAMENTO, Calif., Dec. 21, 2011 /PRNewswire-FirstCall/ -- Aerojet, a GenCorp (NYSE: GY) company, announced today that its Sacramento, Calif. headquarters has once again achieved one million man hours without a lost-time injury.The Sacramento site reached the milestone on Nov. 26.  "We are extremely proud of this accomplishment by our Sacramento facility," said Sacramento Vice President of Environmental, Health & Safety, Chris C

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CAMPBELL, Calif., Dec. 21, 2011 /PRNewswire/ -- Move, Inc. (NASDAQ: MOVE), the leader in online real estate, today announced that the company will be presenting at the Citi 2012 Entertainment, Media, and Telecommunications Conference in San Francisco on Wednesday, January 4, 2012 at 11:10 a.m. Pacific Time.  A live webcast of the presentation will be available on Move's Investor Relations website at investor.move.com under the Events & Presentations page.(Logo:

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Chicago-based MB Financial Bank recently opened a new Pilsen Banking Center at 1625 W. 18th St. The new structure, which incorporates sustainable “green” features, is located across the street from MB’s former Pilsen branch, it was announced today by Mitch Feiger, president, MB Financial Bank. MB’s newest banking center takes on many eco-friendly systems and attributes unique to most bank branches in the area. The facility includes lighting[...]

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BURTONSVILLE, Md., Dec. 21, 2011 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announces the Grand Opening of a new fully decorated model home, The Strauss, at their Fairwood Crossing luxury townhome community in Burtonsville, MD. Built by NVR's Ryan Homes division, these new 2-car garage townhomes are priced from the upper $330's.Ryan Homes' new townhomes at Fairwood Crossing are from their Composer Series. The

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ORLANDO, Fla., Dec. 21, 2011 /PRNewswire/ -- Florida's existing home and existing condo sales continued its positive upswing in November, according to the latest housing data released by Florida Realtors®. Existing home sales increased 11 percent last month with a total of 12,993 homes sold statewide compared to 11,664 homes sold in November 2010, according to Florida Realtors.(Logo: http://photos.prnewswire.com/prnh/20110314/DC64568LOGO) "It's really clear that

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  PHILADELPHIA, Dec. 21, 2011 /PRNewswire/ -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the holding company for Republic Bank, announced that it has completed the sale of $59.0 million of commercial real estate loans and foreclosed properties to a single investor. This transaction will dramatically reduce non-performing asset balances and significantly improve credit quality metrics while still leaving the Company with strong capital ratios. (Logo: http://photos.prnewswire.com/prnh/20100707

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DALLAS, Dec. 21, 2011 /PRNewswire/ -- Behringer Harvard announced today its acquisition of Arbors Harbor Town Apartments (Arbors), a 345-unit multifamily community in downtown Memphis's award-winning Harbor Town development on Mud Island. (Logo: http://photos.prnewswire.com/prnh/20050907/DABEHHARLOGO) The Arbors community offers residents the charm of a pedestrian-friendly, village-scale community combined with convenient proximity to the central business district (CBD) of a la

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The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS decreased to 85.2% as of November 30, 2011 from 85.3% as of October 31, 2011.

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Prudential Mortgage Capital Company and MetLife Real Estate Investments each provided $88.5 million in first mortgage financing for a total $177 million package to Prologis Mexico Fondo Logistico, a co-investment venture managed by a subsidiary of San Francisco-based Prologis, L.P., for a portfolio of industrial buildings in Mexico. Prudential Mortgage Capital is the commercial mortgage lending business of Prudential Financial Inc. (NYSE: PRU). [...]

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