Slow condo unit claims more projects

Article Abstract:

Plans for the Lander Group's 2626 West Lake Street project and Brighton Development's The Portland, both in Minneapolis, Minnesota, were canceled due to a drop in buyer demand. The two cancellations follow other real estate projects that were cancelled due to the crunch in the condominium market.

Strategy & planning, Planning, Company business planning, Condominiums

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A perfect supply-and-demand storm for CMBS market

Article Abstract:

The commercial mortgage-backed security market in the Minneapolis/St. Paul area is facing a problem with increasing loan supply and decreasing investor demand. The real estate markets in the area, however, remain healthy, with GDP growth estimates at 3.4% for the second quarter of 2007.

Market information - general, Supply and demand, Mortgage-backed securities, Mortgage backed securities

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So you think commercial development is immune to the 'sub-prime' crisis?

Article Abstract:

Commercial real estate developers should plan ahead and remain proactive to minimize exposure to the subprime loans crisis gripping the industry. These companies are not immune at all to the effects of the crisis.

United States, Commercial real estate

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