Shopping center giant Developers Diversified Realty is working on raising $600 million through two bond sales.

The Defense Department's research and development arm will occupy a new 13-story building that will be developed by the Shooshan Co. on the site of a former bus garage in Arlington, Va.

The Defense Department's research and development arm will occupy a new 13-story building that will be developed by the Shooshan Co. on the site of a former bus garage in Arlington, Va.

Spain's oversupply of second homes has forced brokers, developers and lenders to come up with creative ways to unload them.

Spain's oversupply of second homes has forced brokers, developers and lenders to come up with creative ways to unload them.

Morgan Stanley's exposure to commercial real estate is one of the reasons why analysts expect the company to report a net loss of $555 million.

Morgan Stanley's exposure to commercial real estate is one of the reasons why analysts expect the company to report a net loss of $555 million.

As of 6:35am (PST), the “Get Financing” feature has been re-enabled for FlipBoard users.  We think we got it working, so please try it out! Continue to use this powerful free service brought to you by our humble blog…

Let us know what you think!

And thank you all for your patience…

-Paul

http://www.theflipboard.com

We have received about 100 emails today letting us know that our financing application is not working.  If you click on “Get Financing” and complete the form, you get an error message. We have found the problem and are currently working to get this resolved.

I just wanted to let everyone know that we are working with our vendors and underwriter, right now, to get this fixed as soon as possible.  I apologize for the inconvenience and hope you will continue to use our site in the future.

 I will let everyone know as soon as it is back up.

Thanks and I appreciate everyone’s patience and understanding.

-Paul

Why buy a short sale home?

1.)  The sales prices of most short sale properties are sometimes actually sold for less than foreclosure homes.  This is due to the fact that a foreclosure proceeding costs a lender $58,000 on average.  Lenders are also in the money lending business, NOT the property management business.  Due to these facts, a lender will typically accept well below market value on a property in order to avoid foreclosure. 

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