Va. port subject to private partnership proposal

A warehouse and real estate company seeking to develop a port-to-rail freight line to the Midwest proposed Thursday a $3.5 billion partnership with Virginia to operate its state port, one of the busiest in the …

Plum Creek Timber CEO got $4.3M 2008 pay package

The CEO of real estate investment trust Plum Creek Timber Co. received 2008 compensation valued at $4.3 million, a 21 percent increase from his 2007 pay package, according to Associated Press calculations of …

Policy changes catch ride on omnibus spending bill

Highlights of policy provisions contained in a $410 billion omnibus spending bill: -Cuba sanctions: Permits U.S. citizens to visit family members in Cuba once a year instead of once every three years.

Stirling Sotheby’s International Realty sees big opportunities for “Green” homes, properties

ORLANDO, Fla. – Stirling Sotheby’s International Realty, ranks as one of the most innovative real estate firms in Florida, and is mounting a major campaign to convince home owners to “green up” their homes for resale.

Buyers sue Trump over failed Mexico condo project

Donald Trump was sued Friday by buyers who lost millions of dollars in deposits on a failed hotel-condo in the Mexican border city of Tijuana. The 69 buyers purchased 71 units in Trump Ocean Resort Baja and paid deposits totaling between $18 million and $20 million, said Bart Ring, their attorney. Buyers were told last [...]

Forest City pulls out of downtown Fresno project

According to this late-breaking story by Denny Boyles , Forest City Enterprises has abandoned its plans for a $300 million project that would have brought housing and commercial businesses to an 85-acre area …

Simon Property CEO got $3.4M in compensation

The chief executive of mall operator Simon Property Group Inc. received 2008 compensation valued at more than $3.4 million, a decrease of 4.6 percent from the previous year, according to Associated Press …

Salt mining in New York state is light in recession’s dim tunnel

A thick seam of salt courses almost 400 metres beneath the rolling farmland of Livingston County, almost as far down as the World Trade Center stood tall.

Man competent to stand trial in real estate agent’s death

A 73-year-old man has been found competent to stand trial in the slaying of a real estate agent who was shot in his Muskegon-area office.

Drop in house prices driving first-time buyers

First-time homebuyers are being lured into the real-estate market by falling prices, lower interest rates, more selection and new government incentives, a new report shows.

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