LoopNews: Your Commercial Real Estate Newsletter LoopNet, Inc.
LoopNews: Your Commercial Real Estate Newsletter
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In The Loop

LoopNet Grows Lead in Visitors to 9.9x
LoopNet continues to be the most heavily visited commercial real estate marketplace by a large margin. According to comScore Media Metrix, the leading Internet audience measurement service, LoopNet generated a record 9.9x the traffic of any other commercial real estate listing service in January 2009. In addition, the number of available properties has increased by approximately 16% over January of 2008. Whether searching or listing property, we hope you continue to take advantage of all our site has to offer.

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Top Commercial Real Estate News
February 19, 2009 - February 25, 2009
Provided by Commercial Real Estate Direct

Highest-Volume Brokerages of 2008
CB Richard Ellis was by far the most active investment-sales broker in the United States last year, handling $26 billion of property transactions. Its next closest competitors, Eastdil Secured and Cushman & Wakefield, handled $10.8 billion and $10.7 billion, respectively, according to Real Capital Analytics. Read Full Story

Fannie To Increase Multifamily Securitizations
With CMBS conduit lenders on the sidelines, Fannie Mae is planning to gear up its own securitization program. The agency long had relied on securitization markets to fund originations under its delegated underwriting and servicing, or DUS, program. Read Full Story

Billionaire in Market for Distressed Properties
Russian-born billionaire Len Blavatnik is in the market to acquire distressed commercial and residential properties in the United States. Blavatnik is trying to buy a number of properties in the hopes of turning a profit once the real estate market rebounds. Read Full Story

Demand for Space in Dallas' Uptown
Commercial developments have continued to sprout up in Dallas' Uptown area, despite an economy that has slowed demand for similar properties in other parts of the city. Since 2004, developers have added some 2,000 housing units to the Uptown section, as well as a number of class-A office projects and luxury hotel rooms. Read Full Story

Some REITs Unfazed by Weak Markets
Since last summer, investment managers have registered to raise more than $16.3 billion of equity through new offerings of non-traded REIT shares. That's on top of the $9.6 billion of equity that existing non-traded REITs had raised during the entire year. It also represents a sharp contrast to the traded REIT market, where a mere $491 million of equity was raised. Read Full Story

Silicon Valley Vacancy Rate to Hit 27.5%
The office market in California's Silicon Valley, CA will increase 10 percentage points to 27.5 percent, while its rents will drop 25 percent this year, according to Foresight Analytics. Read Full Story

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Need Help Determining the Value of a Property?

Do you have a property that you're not quite sure how to price? Or are you interested in a property but want to make sure you're getting a good price? If so, Q3 LoopNet Investment Market Reports can help you by providing you with the values of recently sold properties. Reports include the following data from Q3 2008:
  • Cap rates & prices by property type
  • Regional & national comparisons
  • Investor composition & trends
  • Recent transactions greater than $2.5 million
For more information and the list of available markets, visit www.LoopNet.com/MarketReports.

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