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Sacramento Housing Development Made Affordable
The primary goal of the Department of Housing and Urban Development (HUD), according to their own literature, is to provide decent and affordable housing for all Americans and to stimulate economic development in the nation’s distressed areas. Much...
Starwood Sells Final Asset
The new owners of a 15-story, mixed-use building in Coral Gables plan to sell the structure’s 184 apartments, the latest conversion in a trend chewing through Miami’s rental market. Prospect Aragon – a joint venture between Prospect...
Agents & Agencies
David Neeleman, chairman and chief executive officer of JetBlue Airways Corp., was the guest speaker at the annual membership meeting of the Stamford Board of Realtors, invited by 2004 board president, Michael Feldman. With an all-time audience of 180,...
Greta’s Best Defense
YOUR IN-HOUSE COUNSEL Make a Deal Are lawyer’s fees negotiable? SATISH J., AURORA, CO Absolutely! At your first meeting, be blunt and say, “I need to minimize costs.” Get the quote from your lawyer on her hourly rate and her contingency...
Sudden Loss: After Diane was Bounced from Her $63,000-a-year Job
AS SUMMER 2001 CAME TO A CLOSE, Jake and Diane Hills (not their real names) were basking in the warmth of a stable existence. Jake was in his 23rd year of employment at a Hamilton steel company, one he’d joined right out of high school. As for Diane,...
50 Great Leaders: TED GILBERT
TED GILBERT President, Gilbert Bros. Portland Running a commercial real estate firm is challenge enough. Gilbert, 51, finds the energy and resources to also be a leader in creating affordable housing for Portland’s low-income working families through...
Luxury by Fractions
The Four Seasons Residence Club Scottsdale isn’t your typical time-share. That much is clear from the moment you arrive. A smiling attendant at the reception counter welcomes you with an ice-cold bottle of water–a simple but refreshing gesture...
Banks Getting Cold Shoulder on Randall Road
Towns along the Randall Road corridor in Kane County are yanking up the welcome mat for banks. Batavia, South Elgin and Lake in the Hills have all moved to limit bank branch development recently over concerns that financial institutions, which don’t...
The Trouble with Time-Shares
Upscale resort operators’ move into the time-share business is giving the industry a much-needed makeover. “The time-share industry that we’re born out of has a bit of a shady history,” acknowledges Tony Dennis, project director...