Introduction: The Great Discrepancy in the U.S. Housing Market The U.S. housing market stands at an unprecedented crossroad, characterized by a fundamental disconnect between escalating prices and severely eroded consumer purchasing power. The spike in home values observed over the...
NEW YORK (CNNfn) – Sales of new single-family homes showed surprising weakness in October, the Commerce Department said Wednesday. aSales of new single-family homes totaled 806,000 units at a seasonally adjusted annual rate (SAAR) in the fourth quarter of 1997, unchanged...
Praedium Group And Gale Acquire One Newark Center For $111 Million 12/06/2006 – The Praedium Group LLC and Gale Real Estate Services Company, a subsidiary of Mack-Cali Realty Corporation (NYSE: CLI), announced today the acquisition of One Newark Center for $111...
03/29/2004 – LIVERMORE, CA-The Gale Co. will begin $15 million worth of infrastructure work here later this year for an eventual three-million-sf business park worth about $250 million. The Florham Park, NJ-based international developer acquired the 175-acre parcel in 2000 in...