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UNCC Center for Real Estate raises $4.4M (BizJournals) The UNC Charlotte Center for Real Estate brought in $4.4 million in its latest fund-raising campaign, surpassing its $4 million goal. CalPERS real estate holdings value down 35% (Silicon Valley - San Jose Business Journal) Independent appraisers hired by the California Public Employees' Retirement System say the market value of the fund's real estate is $6.1 billion at June of this year, down 35 percent from its original cost of $9.3 billion. a la mode Announces New IDX Product (Broadcast Newsroom) OKLAHOMA CITY , Nov. 17 /PRNewswire/ -- a la mode, inc. ( http://www.alamode.com ), one of the real estate industry's largest and most mission critical technology companies, announced today that it will release a new IDX product for real estate agents. First Financial Network, Inc. to Sell $75 Million Commercial Real Estate Loan Portfolio (PR Newswire via Yahoo! Finance) First Financial Network, Inc., the nation's leading loan sale advisor, today announced the offering of more than $75 million in non-performing commercial real estate loans. The portfolio is being marketed on behalf of a U.S. banking institution. Hot Stuff Foods Unveils "Store of the Future" (Convenience Store News) SIOUX FALLS, S.D. -- Hot Stuff Foods unveiled its "Store of the Future," a new food solutions initiative designed to provide multiple food solutions or "touch points" for increased convenience and store profitability, according to Neal Hollingsworth, Hot Stuff's executive vice president of marketing. eNeighborhoods Launches Redesigned Real Estate Marketing System (PRWeb via Yahoo! News) eNeighborhoods, the leading compiler of neighborhood information and marketing systems for real estate professionals, and a division of Dominion Enterprises, has announced the release of eNeighborhoods PowerSuite NEXT (Neighborhood Expert Tools). What Sparked the Selloff (Washington Post) A bunch of high-profile hedge-fund managers came to Capitol Hill on October 13 and testified that they and their funds were not to blame for the current financial mess. Maybe. But hedge funds are hardly innocent bystanders. The Economics and Ethics of Mortgage Default (Portfolio.com via Yahoo! Finance) Noel Sheppard is mad at Kathleen Pender for educating consumers about their financial options. Pender's article is headlined "Are you an idiot to keep paying your mortgage?", and, yes, Joe, it does lay out a pretty strong argument in favor of going into arrears on your mortgage, in the hope and expectation that the loan will be restructured once you're 90 days delinquent. On the Record / November 18, 2008 (The Buffalo News) Hires/Promotions/ Honors SIMA, ICREA and SecondSpace Partner to Create Global Advertising Platform for International Resort Real Estate ... (Marketwire via Yahoo! Finance) SIMA, the Madrid International Real Estate Exhibition, organized by Planner Reed, which is the largest exhibition organizer in the world, announced today that they have formed a multi-year marketing partnership with SecondSpace, Inc. and the International Consortium of Real Estate Associations. The agreement enables SIMA to promote the ICREA/SecondSpace online marketing solution announced in ...
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