Category Archives: Foreclosures Zone

New to Market: 1960s Mt. Washington House “Inspired by” Vintage Arts & Archs

According to its listing copy, this rustic residence near Elyria Canyon Park in Mt. Washington was handmade in 1964 by its sole owner. There’s also some mention of its “inspiration in vintage copies of Art + Architecture or Sunset,” but it’s unclear whether this is meant literally or is just fanciful brokerbabble. At any rate, [...]

ProLogis European Properties sells UK portfolio for €180.3 million (UK)

ProLogis European Properties (Euronext: PEPR), one of Europes largest owners of modern distribution facilities, announced that it has sold ten UK logistics assets for a total of 180.3 million (£150.9 million). Proceeds from the sale will be used to further deleverage the business. The disposal comprises 231,650 m² in ten fully leased buildings located in [...]

30-year mortgage rate down to record 3.88 percent

The average rate on the 30-year fixed mortgage fell again this week to a record low. The eighth record low in a year is attracting few takers because most who can afford to buy or refinance have already done so. Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year fixed mortgage [...]

Federated picks Dartmouth, WRE for Maritime Landing

MIAMI – The Federated Companies, a leading national real estate investment and development firm, has selected The Dartmouth Company and WRE Commercial Brokers as the exclusive retail leasing agents for Maritime Landing. Maritime Landing is The Federated Companies’ 1 msf, mixed-use development project in the Bayside neighborhood of Portland, Maine. Peter Considine of The Dartmouth [...]

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