last-year

New Zealand economic growth to accelerate this year as retail sales increases more than expected 

by on August 25, 2011

menafn.com…

Retail sales in New Zealand rose in the second quarter of last year as the domestic spending is recovering especially after monetary policy makers decided to keep the overnight cash rate at its low …

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New Zealand economic growth to accelerate this year as retail sales increases more than expected 

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BlackRock CEO Makes Fortune While Stock Sinks

by on May 25, 2011

Huffington Post…

BlackRock Inc. (BLK) Chief Executive Officer Larry Fink told investors on a conference call in January last year that the world’s biggest money manager was “very well positioned” for 2010. At the end of the year, the market sent a different message: New York-based BlackRock’s total share return was negative 16 percent, while the Standard and Poor’s 500 Asset Management and Custody Bank Index rose 13 percent.

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BlackRock CEO Makes Fortune While Stock Sinks

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Selloffs, Tax Credits Shift Makeup of Top Apartment Owners

April 20, 2011

The apartment industry staged a strong recovery from the Great Recession last year, and that recovery is reflected in the 2011 NMHC 50, the National Multi Housing Council’s annual ranking of the 50 largest apartment owners and 50 largest managers. The NMHC 50 documents the apartment industry’s evolution over time and helps identify trends within the sector and up-and-coming new players. “The recovery also spurred a rebound in apartment prices…

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First-Quarter REIT Gains Reflect Broadening Recovery In National Office Markets

April 6, 2011

Picking up where they left off last year, U.S. equity REITs continued to post strong returns in the first quarter of 2011, outperforming broader market indices despite a late-quarter slowdown that softened returns on investment trust stocks in March, according to new figures from NAREIT. The gains appear to reflect investor expectations that market fundamentals will continue to improve across all sectors of commercial real estate — including…

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eBook Sales Increase, Paperback and Harcover Book Sales Plunge

March 17, 2011

In January’s Association of American Publishers (AAP) report , they revealed that eBook net sales went from last year’s 32.4 million dollars to 69.9 million dollars, increasing by 115.8 percent. The report also displayed that adult mass market paperback book sales had plummeted almost 31 percent when compared to last year’s sales, and hardcover books dropped by 11 percent. Overall book sales have dropped in the past year, though not by very much. Last January, books sold 821.5 million dollars, as opposed to this January’s 805.7 million dollars, resulting in a 1.9 percent decrease. To read the full report, click here .

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Blackstone Wins Centro’s Huge U.S. Retail Portfolio

March 1, 2011

Following a competitive bidding process, Sydney, Australia-based Centro Properties Group and its managed funds agreed to sell all of its U.S. assets and platform for $9.4 billion to BRE Retail Holdings Inc., an affiliate of Blackstone Real Estate Partners VI LP. Centro Properties Group controls 588 U.S. shopping centers in 39 states totaling about 96 million square feet. While, the group returned a profit in the second half of last year, the heavily…

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2011 Brings a Resurgent CMBS Market, More CRE Liquidity

February 23, 2011

CMBS activity has flourished in the past few weeks with more than $6.5 billion in new securitization coming to market. In addition, Freddie Mac brought two multifamily-backed offerings totaling $1.86 billion to market. The activity in February alone is almost two-thirds of all CMBS deals offered last year – and for some is reminiscent of 2007 when commercial mortgage-backed securities offerings were at their peak, which has the commercial real…

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2011 Brings a Resurgent CMBS Market, More CRE Liquidity

February 23, 2011

CMBS activity has flourished in the past few weeks with more than $6.5 billion in new securitization coming to market. In addition, Freddie Mac brought two multifamily-backed offerings totaling $1.86 billion to market. The activity in February alone is almost two-thirds of all CMBS deals offered last year – and for some is reminiscent of 2007 when commercial mortgage-backed securities offerings were at their peak, which has the commercial real…

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Strong comeback for Malaysia’s housing market

February 17, 2011

sustained economic recovery in Malaysia coupled with political stability last year contributed to the strongest house price increases since 2000

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Recovery in U.S. Warehouse Leasing Gaining Speed

January 27, 2011

Warehouse leasing accelerated sharply in fourth-quarter 2010, helping to drive down vacancy rates amid record-low deliveries of new industrial commercial properties last year, according to CoStar’s Year-End 2010 Industrial Review and Outlook. “We saw good, stronger demand in the fourth quarter, given the historic low levels of warehouse supply,” said CoStar Senior Director of Research and Analytics Jay Spivey. “That will eventually translate into…

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Five Ways New Technologies Are Changing Stores And Shopping

November 17, 2010

At last year’s annual WWD Apparel & Retail CEO Summit, the talk was all about recession and inventory control. But at this year’s gathering in New York, the assembled execs buzzed about technology. Now that retailers seem to be moving out of crisis mode, they’re back to investing in new bells and whistles for their stores and websites.

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Video: ‘Paranormal Activity 2’ Top Film, Makes $41.5 Million

October 25, 2010

Oct. 25 (Bloomberg) — “Paranormal Activity 2,” the sequel to last year’s low-budget hit, led the weekend box office with $41.5 million in sales at U.S. and Canadian theaters. The original “Paranormal Activity” was made for about $11,000 and took in $183 million worldwide. The sequel’s production budget was $2.75 million. Bloomberg’s Monica Bertran reports. (Source: Bloomberg)

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Companies That Received Bailout Money Giving Generously To Candidates

October 25, 2010

Senate Minority Leader Mitch McConnell (Ky.) was a fierce critic of the federal bailout of General Motors and Chrysler last year, saying he “cannot ask the American taxpayer to subsidize failure.” But General Motors doesn’t seem to hold a grudge.

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Killings Of Homeless Hit Highest Level In A Decade

August 19, 2010

Killings of homeless people have risen to their highest level in a decade, with 43 people killed last year and many more injured in often brutal attacks that are raising concerns among law enforcement officials, rights advocates and politicians, according to new data due to be released this week.

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Commercial Mortgage Volume Picking Up, Particularly for Office Properties

August 4, 2010

Second-quarter 2010 commercial and multifamily mortgage loan originations were 1% higher than during the same period last year and 35% higher than during the first quarter, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial…

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Jacob Lew, OMB Nominee, Got $900K Citigroup Bonus After Bailout

July 29, 2010

President Obama’s choice to be the government’s chief budget officer received a bonus of more than $900,000 from Citigroup Inc. last year — after the Wall Street firm for which he worked received a massive taxpayer bailout.

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Video: Firestone Discusses YouTube Videos on Russian Police: Video

July 19, 2010

July 19 (Bloomberg) — Jamison “Jamie” Firestone, managing partner of the law firm Firestone Duncan, discusses videos posted on YouTube about alleged corruption in the Russian police system. Firestone, whose colleague Sergei Magnitsky died in pre-trial detention in Moscow last year, speaks with Erik Schatzker on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg)

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Lease Up/Lease Down (May 30 – June 5): HP Laying Off 9,000, Hiring 6,000

May 31, 2010

Editor’s Note: This week, I will be attending the NAREE Conference in Austin, TX, to accept an award for last year’s special report, Landlords Offer Major Perks in Uncertain Market. As a result, Lease Up and Lease Down have been condensed, and will…

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Indian economy grew at 7.4% last year

May 31, 2010

Indian economy grew at 7.4% last year

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Indian economy grew at 7.4% last year

May 31, 2010

Indian economy grew at 7.4% last year

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Small Businesses: Banks Not Lending

March 12, 2010

Lending across the U.S. economy contracted 7.4 percent last year, the biggest such drop since 1942, according to the Federal Deposit Insurance Corp. That means $1.5 trillion in lending evaporated last year, the Treasury Department estimates. Corporations are issuing bonds again, and large companies have access to bank loans, but it’s still an uphill climb for the little guy.

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U.S. Economy Isn’t Out of the Deflation Woods Yet: Interactive Analysis

February 23, 2010

Feb. 23 (Bloomberg Multimedia) — Deflation remains a possibility in the U.S. because the drivers of last year’s price declines are still in effect, an analysis shows. Click here for a Bloomberg Multimedia interactive visual analysis of the pressures on inflation. # # -0- Feb/23/2010 10:45 GMT

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Philippines receives $17.3b in remittances last year

February 15, 2010

Philippines receives $17.3b in remittances last year

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Global Real Estate Franchise Celebrates Success – 37 Years of Accomplishments with Significant Achievement in 2009

February 5, 2010

on Jan. 30th – the day in 1973 that Dave and Gail Liniger co-founded the now international franchise real estate network – with marked appreciation for the road traveled in 2009. While the U.S. housing market struggled most of last year, RE/MAX sold 630

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Hill Country Galleria Sold at Bankruptcy Auction for $75M

February 4, 2010

Chicago-based REIT Management & Research is the new owner of Hill Country Galleria, a 1.28 million-square-foot mixed-use lifestyle center located in Bee Cave, TX (a suburb of Austin) that filed bankruptcy in May of last year. The investment company won…

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Unemployment in New Zealand rose to 7.3% in the fourth quarter of last year

February 4, 2010

Unemployment in New Zealand rose to 7.3% in the fourth quarter of last year

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German retail sales decrease 1.8% last year

February 3, 2010

German retail sales decrease 1.8% last year

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OptimumBank Holdings Announces Fourth Quarter and Year End Loss

February 1, 2010

FORT LAUDERDALE, Fla., Feb. 1, 2010 (GLOBE NEWSWIRE) — OptimumBank Holdings, Inc. (Nasdaq:OPHC), holding company for OptimumBank, reported a net loss for the fourth quarter ended December 31, 2009 of $6,053,615 or $(1.85) per basic share compared to a net loss of $499,629 or $(.16) per basic share for the prior year quarter ended December 31, 2008. The Company reported a net loss of $8,478,795 or $(2.59) per basic share for the year ended December 31, 2009 compared to net income of $519,645 or $.17 per basic share for the same period last year.

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China’s gold production hits record last year

January 31, 2010

China’s gold production hits record last year

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Distressed investors face greater risk

January 29, 2010

Debt investors will have to check options carefully as a broad rally has left fewer options Distressed strategies returned about 30 per cent last year, according to an index from Hedge

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In a Surprise, Office Market Posts Unexpectedly Good Results

January 27, 2010

Even though the overall number of U.S. jobs continued to disappear through December of last year, the U.S. office market unexpectedly posted positive net absorption for the quarter. The most likely explanation is that jobs in the office sector increased…

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Tiger Woods’ EA Sports Online Game Moving Forward

January 4, 2010

EA is expected to confirm today that it’s moving forward with this month’s scheduled rollout of Tiger Woods PGA TOUR Online, a browser-based golf game that’s been in development for the last year. The online game, envisioned as one of EA’s first forays into the expanding market of online gaming, is supposed to offer a console-like gaming experience for a subscription fee.

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Kuwait’s Global seeks green light for restructuring

December 31, 2009

Shareholders of Kuwait’s Global Investment House, which defaulted on most of its debt last year, will vote on a restructuring deal to transfer its main investments and real estate assets to two new units.The vote will take place on Jan. 12, the

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Global seeks nod for revamp plan

December 31, 2009

Shareholders of Kuwait’s Global Investment House, which defaulted on most of its debt last year, will vote on a restructuring deal to transfer its main investments and real estate assets to two new units. The vote will take place on January 12, the

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Kuwait’s Global seeks s/holder nod for debt plan

December 31, 2009

31 (Reuters) – Shareholders of Kuwait's Global Investment House , which defaulted on most of its debt last year, will vote on a restructuring deal to transfer its main investments and real estate assets to two new units. The vote will take place

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Commercial Real Estate can Bounce back in 2010

December 24, 2009

Commercial real estate is hoping for a bounce back in 2010. For 2009 though, the year is ending with a 29% decline in space absorption compared with last year, according …

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28 properties owned by bail-bond king Tillman auctioned off

December 18, 2009

following reports of a federal investigation last year. The properties, located in some of the city’s most distressed neighborhoods, were auctioned off as a group and purchased separately. Predominantly clustered in East Baltimore and the McElderry Park

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28 properties owned by city bail bondsmen are auctioned off

December 18, 2009

following reports of a federal investigation last year. The properties, located in some of the city’s most distressed neighborhoods, were auctioned off as a group and purchased separately. Predominantly clustered in East Baltimore and the McElderry Park

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PGS Real Estate | MLS | Commercial real estate market flat, but …

December 13, 2009

PGS Real Estate | MLS | This year the commercial real estate market in Anchorage has been flat, with activity off about one-third from last year. In comparison to the national economic.

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PGS Real Estate | MLS | Commercial real estate market flat, but …

December 13, 2009

PGS Real Estate | MLS | This year the commercial real estate market in Anchorage has been flat, with activity off about one-third from last year. In comparison to the national economic.

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Big realty companies picking up stakes in distressed developers

November 22, 2009

property market following last year’s crash and money raised from qualified institutional placements (QIPs) is allowing bigger real estate companies to buy out builders who haven’t recovered from the slump. Real estate companies such as Ackruti City

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Enders: Airbus could outdo last year’s record deliveries

November 17, 2009

Enders: Airbus could outdo last year’s record deliveries

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Banks’ 2008 Stock Options Turning Out To Be Most Lucrative Payouts Ever

November 7, 2009

Banks cut bonuses last year and shifted more pay into stock and options from cash, a tactic that lawmakers supported for its emphasis on long-term performance. Within months, the financial system began to mend — partly with the help of billions of dollars in government aid — and that stock began surging in value. Some of it can be cashed in starting in just a few months.

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DVR Ratings Bringing TV Networks Money

November 1, 2009

Against almost every expectation, nearly half of all people watching delayed shows are still slouching on their couches watching messages about movies, cars and beer. According to Nielsen, 46 percent of viewers 18 to 49 years old for all four networks taken together are watching the commercials during playback, up slightly from last year.

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CMBS Loan Losses Expected To Rise Dramatically

October 22, 2009

than three-fourths (78%) of loan resolutions resulted in no losses to the trust last year. But with commercial real estate debt capital remaining scarce, disposition times will increase to between 24 and 36 months as special servicers are contending with

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Video: Chevy’s Post Revolution

October 16, 2009

GM cut off their ties to the creator of the American Revolution campaign; They spent $800 million in advertising last year. (Bloomberg News)

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Treasury To Big Banks: Repay Bailout Now

October 14, 2009

Concluding that some of the nation’s biggest banks are in good enough shape to raise capital from private investors, senior Treasury officials would like more of them to repay billions of dollars in taxpayer money that bailed them out over the last year.

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