The U.S. office market showed modest signs of improvement in the last three months of 2011, as the national office-vacancy rate fell slightly from the previous period.
Sales and leasing volumes in commercial real estate have turned a corner and are heading up, but because the past few years have been so difficult, the upturn barely feels like one. … That's a bit surprising, because the big-four national banks — Wells Fargo, Citibank, Chase, and Bank of America — are in a far better position to make loans. Not only are they sitting on piles of money, but because they've grown to the point where they're too big to fail, …
As part of Greece’s privatization plan to raise cash to reduce its mountain of debt, the national government is preparing to sell as much as $42.9 billion of public property.
By Shobhana Chandra June 20 (Bloomberg) — The housing market began to retrench in May after a government incentive ended, leaving manufacturing at the head of the U.S.