Subject: Economic News (ECO)

Commercial Real Estate Direct Staff Report Situs, a real estate due diligence and consulting company, has developed an electronic library application that it has started marketing to real estate companies. The product, Situs Compass, allows users to integrate the information ...

Commercial Real Estate Direct Staff Report Merrill Lynch has disclosed that it held an $18 billion exposure to commercial real estate at the end of the fourth quarter. According to a regulatory filing, the investment bank had written down that ...

Morrison & Foerster LLP has named three of its real estate attorneys, Derek Boswell, Mitchell Randall and Gregory Tan to partner. The three were among 24 attorneys who were named partner. Boswell, Randall and Tan handle litigation and business practices ...

A total of 1,403 individuals are attending the Commercial Mortgage Securities Association's annual investor's conference in South Beach Miami this week. The trade group had earlier announced that fewer had registered. Since the event started, more than an additional 100 ...

Despite the ongoing market turmoil, the Commercial Mortgage Securities Association's annual investors conference in South Beach Miami, Fla., drew an impressive 1,300 registered attendees. The buzz revolved around loans that lenders are trying to sell.

Shobi Khan, the former head of investments in the Eastern United States for Equity Office Properties Trust, has joined Kennedy Associates Real Estate Counsel as principal and executive vice president of acquisitions. Khan will oversee Kennedy Associates' acquisitions staff at ...

Commercial Real Estate Direct Staff Report The U.S. Senate and House of Representatives have reached a compromise to extend the federal terrorism insurance backstop. The House's Financial Services Committee this morning agreed to have the full House vote this afternoon ...

Commercial Real Estate Direct Staff Report The U.S. House of Representatives has approved extending the federal terrorism insurance backstop for seven years. But the House-approved measure for extending the Terrorism Risk Insurance Act of 2005 differs widely from an extension approved ...

Commercial Real Estate Direct Staff Report Congress is moving to drop a proposal to increase taxes on investment partnerships, including real estate ventures, from pending tax-reform legislation. The U.S. Senate scrapped a proposed added tax on partnerships' carried interests in ...

The Federal Reserve reported that demand for office, industrial and retail space remained solid across the country and even improved in some areas. It also reported continuing tightening of lending standards on construction and commercial mortgages in several districts, namely ...