11
Nov
Author: admin / Category:
Real Estate
The city’s bed bug infestation has grown so quickly and drastically that the blood-sucking crawlers have spread outside homes and are latching on to Torontonians at work — and could soon spread on public transit and even in movie theatres, researchers say.
“There isn’t a place in Toronto that is exempt, everyone is susceptible. Bed bugs will find their way to you, eventually, and it’s in everybody’s interest to address this now,” said Sean Meagher, a coauthor of a new report.
“It’s not about cleanliness or income or what neighbourhood you live in. You will see them in five-star hotels, condos, and even multi-million dollar condos. As long as you have blood, they don’t discriminate.”
via Bed bugs invading offices.
21
Sep
Author: admin / Category:
Building Industry
Google is disappointed with the lack of breakthrough investment ideas in the green technology sector but the company is working to develop its own new mirror technology that could reduce the cost of building solar thermal plants by a quarter or more.
“We've been looking at very unusual materials for the mirrors both for the reflective surface as well as the substrate that the mirror is mounted on,” the company's green energy czar Bill Weihl told Reuters Global Climate and Alternative Energy Summit in San Francisco on Wednesday.
via Google plans new mirror for cheaper solar power.
29
Jul
Author: admin / Category:
US Real Estate
Delinquencies on commercial mortgage backed securities soared $10 billion in June, hitting a 12-month high of almost $29 billion, according to Realpoint Research.
California led the nation with the highest amount of delinquent loans, closely followed by Texas and Florida.
Late loans across the country are up an “astounding” 585 percent from a year ago when just $4 billion were delinquent, reported the Horsham, Pa.-based research firm. The low point for delinquency was March 2007 when $2 billion was delinquent.
via Commercial mortgage delinquency up 585% – New Mexico Business Weekly:.
07
Jul
Author: admin / Category:
US Real Estate
A few interesting stories. The first story (more than half off from the peak price) the buyer bought the loan, and then the current owner transferred the deed in lieu of foreclosure. The second story is a photo essay of the real estate bust, and third story is about the City Center project in Las Vegas.
via Calculated Risk: CRE: Half Off Sale in San Francisco and More.