Monthly Archives: November 2012

CIM Group Closes on Apartment Portfolio Sale

How Much of a Threat Is the Fiscal Cliff? NEW YORK CITY-Is the fiscal cliff a disaster waiting to happen, or just another end-of-year scare like ancient Mayan predictions or Y2K? Vornado Secures $950M Refi on 1290 Ave. of the … Continue reading

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Builders Bump Up Thanks to Drop in Existing Home Supply

Sales of existing homes are recovering slowly, but a drop in supplies of those homes is pushing confidence among the new home builders to a six year high. There are just 2.1 million existing homes for sale, which is a … Continue reading

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East Bay real estate transactions, published Nov. 11, 2012

_______________________________ ALAMEDA 94501 _______________________________ 1200 Bay St $1,230,000 10-3-2012 2517 SF 4 BR 1537 Gibbons Dr $600,000 10-5-2012 2547 SF 3 BR 1216 High St $640,000 10-1-2012 2450 SF 4 BR 1434 Saint Charles St $635,000 10-2-2012 2376 SF 4 … Continue reading

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Bay Area makes lists of cities with high air quality

We can all breathe a little easier now that the Bay Area was named one of the top 25 metro regions with the best air quality. AOL Real Estate recently highlighted a study done by scientific engineering technology company Honeywell, where … Continue reading

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CIM Group Sells 10 Properties from Its San Francisco Apartment Portfolio

SAN FRANCISCO — CIM Group announced today that it has completed the sale of 10 San Francisco apartment properties to multiple buyers. The properties are part of a 22-building, 418-unit portfolio the company acquired in June 2009. CIM is proceeding … Continue reading

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