Archive for November 2010
Downturn hurts government’s effort to unload properties
The economic downturn has made it more difficult for the federal government to sell real estate, The Wall Street Journal reported.
The General Services Administration, or GSA, which manages approximately 380 million square feet of …
Read MoreDCA launches EcoCore
The Downtown Community Alliance (DCA) last week officially unveiled EcoCore, a new program designed to give environmentally conscientious owners of office properties a competitive edge in the marketplace.
Glenn Lyons, the DCA’s president and CEO, …
Read MoreLEED projects surpass 1 billion
More than 1 billion square feet of commercial real estate have been certified under the Leadership in Energy and Environmental Design (LEED) program, the U.S. Green Building Council announced last week. Since LEED’s inception in …
Read MoreCommercial construction backlog declines
The amount of commercial construction work under contract in September declined 3.3 percent from August, Bloomberg reported. But there is still 6.7 months of work in the commercial construction pipeline, which is well above the …
Read MoreChina’s big banks suspend credit
China’s big banks have stopped lending as the government works to quell an investment boom and surging home prices, Bloomberg reported. Citing China Real Estate Business, Bloomberg said the country’s top four state-owned lenders suspended …
Read MoreRetail sales increase as holidays approach
October retail industry sales increased 0.3 percent from September on a seasonally adjusted basis and 2.6 percent unadjusted compared with last year, according to the National Retail Federation (NRF).
The increase marks the fourth straight …
Read MoreFactory production rises the most in three months
Factory production rose 0.5 percent in October, according to figures from the Federal Reserve released today.
That was the biggest production gain in three months, signaling that the manufacturing sector is contributing to the U.S. …
Read MoreDCA surveys the need for services
The Downtown Community Alliance (DCA) is conducting an online survey designed to allow downtown employees an opportunity to give input.
The survey is part of a DCA research project to identify the needs for additional …
Read MoreU.S. Bank to buy Bank of America unit
U.S. Bancorp announced Monday that it will buy the securitization trust administration business of Bank of America Corp. U.S. Bank plans to spend up to $35 million on the deal, according to the Minneapolis/St. Paul …
Read MoreIowa Student Loan helps with nursing grants
Iowa Student Loan is teaming with the Iowa Nurses Association to introduce the Iowa Student Loan Nurse Educator Grant Program.
The program, unveiled this morning, is designed to help nursing educators fund their pursuit of …
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