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Distressed-loan home sales slip in first quarter
May 26th, 2011There was a dramatic drop in the number of North Bay homes in the first quarter of this year sold while facing foreclosure or after having been taken back by lenders compared with a year before, and there was some improvement in the proportion of distressed-loan homes selling compared with the rest of the market, according to figures released this morning by a real estate tracking service.
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Commercial Real Estate: Options open for Marin Gateway
November 1st, 2010The nearly 182,000-square-foot Marin Gateway shopping center in Marin City might have a new owner soon, but there are mixed signals on who that will be.
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Commercial Real Estate: Is TJ Maxx coming to Petaluma’s ex-Mervyn’s?
June 14th, 2010Also: Lowe’s plans two stores; Costco shifts Ukiah site
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15 Equity Office buildings revert to lenders
June 14th, 2010SANTA ROSA and PETALUMA – Ten office buildings in Petaluma and five in Santa Rosa totaling nearly 400,000 square feet were given back to lenders recently as part of The Blackstone Group’s effort to keep afloat a nearly $5 billion securitized commercial property loan connected to the record-setting acquisition of Equity Office in 2007.
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Accounting: State OKs tax debt relief for struggling homeowners
April 26th, 2010Jannicelli leaves Moss Adams to join Burr Pilger
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Borrowers face risks in foreclosures, short sales
February 8th, 2010NORTH BAY – With the rise of foreclosures and short sales, homeowners, commercial property owners and real estate investors should be looking out for some potentially costly pitfalls.
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Guest contributor: Financial consequences of foreclosure, short sale can be devastating
November 30th, 2009An unfortunate event in this economic crisis is the increase in short sales and foreclosures of homes.
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Former Kirkland Ranch Winery gets new life as custom-crush facility
September 8th, 2009NAPA – Kirkland Ranch Winery, ownership of which reverted to a lender in April, is being reborn this week as an all-custom winemaking facility under operating agreements with Napa firms.
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New Vine assets set for Tuesday sale
July 10th, 2009NAPA — The lead lenders to Napa-based wine direct-to-consumer logistics provider New Vine Inc., which shut down briefly in early June amid funding problems, are set to hold a bulk foreclosure sale of assets July 14.
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Marin Commons foreclosure sends shudders
June 15th, 2009The foreclosure on one of the North Bay’s largest commercial properties earlier this month brought home a national debate over whether commercial mortgages will be the next wave of problems for the economy.
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