Here are the news stories you might find interesting today:
Banks on FDIC’s problem list top 400
|The FDIC added 111 banks to its “Problem List” in the second quarter.|
Foreclosure home sales rate drops as resales show slight decline
|New Arizona State University research shows that while existing home sales are leveling off in the Valley, the rate of foreclosure sales is dropping.|
Vision to be unveiled for Superstition Vistas
|The planning process for a 175,000-acre swath of land in northeast Pinal County has taken more than five years to come into focus, but the visionaries behind Superstition Vistas are ready for final input.|
Skipper Bud’s to open Arizona marina
|Skipper Marine Development, or Skipper Bud’s, has opened a marina and yacht club in Peoria, Ariz., the Wisconsin-based boat dealer and marina operator said Friday.|
Seller Finances 35,000-SF Sale Again
|SCOTTSDALE, AZ-Less than a year after foreclosing on a warehouse-office building Jeff Wright provides funding for the $5.4 million sale to local buyer Terence Schmidt.|
Each day I sort through various industry publications and local news sources and narrow down the top local articles that matter to commercial real estate owners and business owners.
Please feel free to contact me regarding these stories, the current market, distressed opportunities or your property.
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