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Month: October, 2008

California Cities Cut Police Budgets

31 October, 2008 (14:05) | Successes, WallStreet Journal | By: WSJ.com: Real Estate

With a slowing economy and housing woes, some California cities have targeted public-safety budgets that in the past were off-limits to the budget ax.

Back to Basics… What are they again?

31 October, 2008 (05:04) | Discussion | By: Richard

 Jason Crouch is a Real Estate broker in Austin, TX and loves to contribute here at The FlipBoard from time to time. He also runs his own blog and writes humorous stories about life in general and, of course, his local Real Estate market.

Almost since the onset of my real estate career, I have focused most of my efforts toward online marketing.  We launched our Austin real estate website in 1998, and it has undergone a number of re-designs since then, including a completely new look in May of this year. 

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REIT Spinoff Is Proposed for Target

31 October, 2008 (02:53) | Successes, WallStreet Journal | By: WSJ.com: Real Estate

Activist investor William Ackman proposed spinning off the land Target owns under its stores into a separate real estate investment trust.

Wynn Builds Resort as Las Vegas Slumps

30 October, 2008 (11:58) | Successes, WallStreet Journal | By: WSJ.com: Real Estate

Wynn Resorts is moving ahead on a $2.3 billion Las Vegas resort at a time when rival casino companies are pulling back on projects.

Bad Timing for London Mall’s Debut

30 October, 2008 (03:56) | Successes, WallStreet Journal | By: WSJ.com: Real Estate

Westfield Mall, the largest mall in a European city, opens Thursday, but its timing couldn't be worse. Britain's economy is sliding into a recession.

Nordstrom Hopes for Business as Usual

25 October, 2008 (01:46) | Successes, WallStreet Journal | By: WSJ.com: Real Estate

Nordstrom opened a store in the Pittsburgh area, joining other high-end retailers that hope to fill a niche despite the downturn in consumer spending.

Miami Mogul Plays Buyer, Seller

22 October, 2008 (17:22) | Successes, WallStreet Journal | By: WSJ.com: Real Estate

Developer Jorge Pérez is scrambling to sell thousands of condos amid a market swoon. Yet he is also buying condos on the cheap, starting with units in his own building.

Paris Office Towers on Block at Tough Time

22 October, 2008 (13:46) | Successes, WallStreet Journal | By: WSJ.com: Real Estate

Lehman Brothers paid a European record $2.81 billion for the Coeur Defense office complex in Paris last year. A resale may fetch far less.

Credit Line Is Key for Gramercy

22 October, 2008 (01:36) | Successes, WallStreet Journal | By: WSJ.com: Real Estate

Gramercy Capital investors will focus on its ability to maintain credit lines from its lenders. A failure to do so could put the company's survival in doubt.

Grosvenor Launches China Fund

22 October, 2008 (00:52) | Successes, WallStreet Journal | By: WSJ.com: Real Estate

Grosvenor, a U.K. real-estate development and investment firm, launched a $600 million fund that will invest in China's shopping malls.