Author: nocoapadmin
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Wachovia Tops List of Commercial/Multifamily Loan Servicers
NREI Online Feb 9, 2009 10:41 AM, By Denise Kalette Wachovia Securities was the nation’s largest commercial real estate loan servicer in 2008 with $412.9 billion in loans serviced, a new report shows. Wachovia Securities serviced 91,591 loans with an average value of $4.5 million, according to the annual ranking of commercial and multifamily loan…
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Walmart hiring 425 for Timnath Supercenter
Northern Colorado Business Report, February 9, 2009 TIMNATH – Walmart has opened a temporary “hiring center” in south Fort Collins as it works toward hiring 425 full- and part-time workers for its new store in Timnath. The company is accepting applications at the old Walmart building at the intersection of College Avenue and Harmony Road.…
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Windsor proves popular
Coloradoan: The town of Windsor has reached another population milestone: 19,000. Well, 19,001, to be exact. “That’s the estimate we have based on last year’s information,” Windsor director of planning Joe Plummer said. “We won’t know for sure, of course, until the 2010 census report.” The new milestone means the amount of growth since 2000…
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Smoke-Free Apartments
Santa Monica joined several other cities, many in California, last month by approving a ban on smoking in common areas of multi-unit residential buildings. The law makes it a criminal infraction to smoke in outdoor common areas, including patios, garden and pool areas and parking lots. Victims of secondhand smoke can file a civil action…
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Three employers brighten Larimer County’s jobs horizon
By pat ferrier • patferrier@coloradoan.com • February 1, 2009 There’s no business like new business. The spring openings of a Walmart Supercenter, Embassy Suites hotel and southeast library branch provide an island of hope amid a sea of lost jobs, furloughs and frozen pay. The trio of openings, which promise about 650 new jobs, come…
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Commercial Real Estate Construction Spending Takes A Dive
Jan 30, 2009 5:20 PM, By Sibley Fleming, NREI.com Investment in commercial real estate construction fell off a cliff in the fourth quarter as U.S. gross domestic product (GDP) shrank by an estimated 3.8%. The Commerce Department reported today that fixed, non-residential investment decreased 19.1% in the fourth quarter, compared with a decrease of 1.7%…
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Windsor park turns brown plains green
Industrial hub a Colorado bright spot for clean energy, high-paying jobsBy John Rebchook, Rocky Mountain News (Contact) For most people, Windsor is just an exit off Interstate 25 they speed by on their way to Cheyenne – or that place in Weld County hit by a tornado last May. But it also is home to…
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Fort Collins housing market weathers drop
BY DAVID YOUNG • davidyoung @coloradoan.com • January 28, 2009 National home values posted the sharpest drop in history this November according to one report. However, Fort Collins’ market is faring better then most, according to experts. The Standard & Poor’s/Case Shiller 20-city housing index released Tuesday showed an 18.2 percent decline since November 2007.…
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Conditions Remain Cloudy for Apartments
Jan 21, 2009 1:40 PM, By Poonkulali Thangavelu Conditions in the apartment sector continued to be less than favorable, according to the January survey of multifamily industry executives by the National Multi Housing Council (NMHC) based in Washington, D.C. However, based on factors such as sales volume, availability of debt and equity funding, the industry…
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Meeting Multifamily Housing Finance Needs During and After the Credit Crisis
NMHC – Meeting Multifamily Housing Finance Needs During and After the Credit Crisis documents the growing importance of rental apartments and points to a looming liquidity crisis that could seriously impair the sector and lead to a critical housing shortage if legislatively mandated reductions in the GSEs’ portfolios take place starting next year as scheduled…