Hooters Taps Colliers to Lead Expansion

| Category: Real Estate News | July 31st, 2010

July 30, 2010 By Allison Landa, News Editor Courtesy Flickr Creative Commons user espensorvik Hooters of America, Inc. has selected Colliers International to help spearhead an ambitious expansion agenda. The restaurant chain says it plans to increase its location count by at least 15 to 20 percent Continue Reading

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Fitch: CMBS Cumulative Defaults Up to 9.5 Percent

| Category: Real Estate News | July 31st, 2010

July 30, 2010 By Allison Landa, News Editor Fitch Ratings is reporting that defaults on fixed-rate conduit U.S. CMBS loans are continuing at a record pace, with cumulative defaults rising to 9.5 percent through June 2010. According to Fitch, the 133-basis-point climb from the first quarter is co Continue Reading

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Economy Watch: Most Metro Areas Suffering More Foreclosures Than Last Year

| Category: Real Estate News | July 31st, 2010

July 30, 2010 By Dees Stribling, Contributing Editor Courtesy Flickr Creative Commons user respres According to foreclosure specialist RealtyTrac, 154 of the 206 U.S. metro areas with populations of at least 200,000 saw more foreclosure activity during the first half of 2010 as they did in 2009. Continue Reading

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CoStar’s People of Note (July 25-31)

| Category: Real Estate News | July 31st, 2010

This week’s People of Note includes the following markets: Atlanta, Chicago, National, New York City, Phoenix and Portland. NATIONAL Former Brookfield Pres. Named CFO at General Growth Steven J. Douglas, the former president of Brookfield Properties… Continue Reading

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‘Real Housewife’ Teresa Giudice’s Auction Goes Global

| Category: Real Estate News | July 30th, 2010

There was so much interest in the auction of the belongings of Real Housewife Teresa Giudice, the auctioneer has opened up bidding online. Continue Reading

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‘Free Stimulus’ via Refinancing, Debate Grows

| Category: Real Estate News | July 30th, 2010

Some argue that refinancing is a slam-dunk economic stimulus. Continue Reading

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Hooters Expanding, Seeks New Locations In Turkey, India, Japan

| Category: Real Estate News | July 30th, 2010

Hooters is looking to bring its “delightfully tacky yet unrefined” dining experience to Turkey, India and Japan. Continue Reading

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Paulson: Revamp Homeownership Policy, After Market Stabilizes

| Category: Real Estate News | July 30th, 2010

Once the housing market is stabilized, the federal government should dial down its support for policies that promote homeownership over other investments, writes former Treasury Secretary Hank Paulson. Continue Reading

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Feds Not Impressed by Vegas Builder’s Generous Incentives

| Category: Real Estate News | July 30th, 2010

Federal authorities accused a Las Vegas home builder on Wednesday of defrauding lenders by inflating home prices. Continue Reading

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Fighting Foreclosure with Cornbread

| Category: Real Estate News | July 30th, 2010

A Georgia woman hopes she can sell enough cornbread to buy her house out of foreclosure. Continue Reading

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