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Real Estate Roundup: West Linn developer buys Willamette Christian church site Willamette Christian Church of West Linn has sold a portion of its property to a local developer.The $3.05 million sale involves 2.67 acres of prime retail land as well as three single family homes and a 12,000-square-foot administrative structure. The International Real Estate Federation Supports GHF Plan to Expand Micro Mortgage Initiative NEW YORK, NY -- (MARKET WIRE) -- 07/02/08 -- The International Real Estate Federation (FIABCI) announced its support of a plan by the Global Housing Foundation (GHF) to provide access to affordable housing for residents living in some of the world's REITs Bruised by Credit Crisis Real-estate shares fell victim to economic and credit concerns in the second quarter, registering bigger declines than the broader S&P 500. Fortis Real Estate acquires sole control of Devimo Group - report BRUSSELS (Thomson Financial) - Fortis Real Estate has acquired sole control of Belgian shopping centre group Devimo, La Libre Belgique reported, citing retail newsletter Negocio. Fortis Real Estate, which previously had a 32.5 percent stake in the group, Hypo Real Estate, Depfa entities downgraded - S&P MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services lowered its long- and short-term counterparty credit ratings on three members of the Germany-based Hypo Real Estate group (HRE) by one notch, following a review of HRE's profitability International Real Estate Federation Supports GHF Plan to Expand Micro Mortgage Initiative Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=791360 Best Real Estate Promotions BusinessWeek editors Peter Coy, Dean Foust, Chris Palmeri and Prashant Gopal chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside REAL ESTATE Carlyle Group, the world's second-largest private-equity firm, and Crown Acquisitions paid $525 million for a controlling stake in the retail portion of 666 Fifth Ave. in New York, the largest retail deal in the city this year. The 90,000-square-foot |
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