Por Inter News Services – Negocios [5 de julio de 2011] Guaynabo – El gobernador Luis Fortuño anunció hoy la extensión del paquete de incentivos del programa Impulso a la vivienda, para que más puertorriqueños puedan adquirir un hogar propio. El programa será extendido hasta el 31 de octubre próximo, luego de que se registraran [...]
Tue, Jan 17, 2012
By: Mark Heschmeyer / CoStar Group
January 11, 2012
The Federal Reserve this past week issued aggressive and controversial recommendations for dealing with more $7 trillion in housing wealth loss since the onset of the Great Recession. Many economists agree that housing holds the key to a stronger and more widespread recovery in the U.S., and the [...]
Wed, Jan 4, 2012
By: Randyl Drummer / CoStar GROUP
January 3, 2012
In a trend that may bode well for a broadening recovery in CRE markets, small business owners are feeling more optimistic — or at least less pessimistic — about sales, hiring and expansion prospects over the next three to six months, according to the latest national index.by the [...]
Tue, Jan 3, 2012
By: Jorge A. Ramírez Portela/El Nuevo Día
January 3, 2012
El Departamento de Agricultura (DA) continúa trabajando para cumplir su compromiso de incentivar y desarrollar la agricultura en la Isla.
Para este nuevo año, la agencia se trazó como objetivos la implementación y funcionamiento de varios proyectos, realizando importantes asignaciones en diversos sectores.
Como parte de las iniciativas de [...]
Thu, Dec 22, 2011
By: Frances Ryan / Caribbean Business
December 22, 2011
Walmart’s announcement to shift seven of its stores to a 24-hour schedule and confirmation of its $200 million local expansion plans help set a more positive tone for the retail industry in 2011.
Overall, year-end sales will improve modestly, by 3% to 5% as forecast by CARIBBEAN BUSINESS (CB [...]
Thu, Dec 8, 2011
By: CB Staff / Caribbean Business
December 8, 2011
Puma Energy continues to expand its footprint in the Caribbean with the acquisition of Chevron’s fuel distribution and storage assets in Puerto Rico and the U.S. Virgin Islands. The deal will boost it network of gas stations in Puerto Rico to nearly 350.
Puma, unit of Europe-based commodities trading [...]
Thu, Dec 8, 2011
By: Frances Ryan / Caribbean Business
December 8, 2011
With a massive $100 million-plus renovation, the Condado Vanderbilt Hotel—the first luxury hotel built on the island, originally in 1919—is nearing its official reopening date, restoring Condado’s longtime lost luxury and regal presence.
Scheduled to open within the next few weeks the hotel recently hosted its first major private [...]
Wed, Dec 7, 2011
By: Beth Mattson-Teig / CCIM Institute
December 7, 2011
The national office market has officially started its recovery: rents and vacancies have not only stabilized, but are even turning positive. But not every area of the country has received that memo. The rate of recovery varies widely by state, city, and even individual submarket.
There continues to be [...]
Tue, Nov 29, 2011
By:Randyl Drummer / CoStar Group
November 16, 2011
Commercial real estate prices resumed their steady if modest rise in September following a pause the previous month, helping lift the CoStar National Composite Index to a nearly 1% gain in pricing for the third quarter of 2011 over the previous three months.
Two main factors, the ongoing decline [...]
Mon, Nov 28, 2011
By: José L. Carmona / Caribbean Business
November 24, 2011
Increased deposits, commercial loans, transactional accounts, plus reduction in nonperforming loans point to positive trend
The recapitalization, deleveraging and derisking efforts by Puerto Rico’s banks over the past year have begun to bear fruit, which is evident in recent results, including the third-quarter (3Q) that ended Sept. 30.
Alfredo [...]
Fri, Nov 18, 2011
By: Paul Smith / For Christiansen & Portela
November 18, 2011
Since 2009, when the residential mortgage market went through a collapse, most investors and mortgage experts started worrying about the commercial mortgage market.
Though the sub-prime mortgage crisis was responsible for spurring the housing bubble, yet it continued to deflate when the prime mortgages began to [...]
Tuesday, July 5, 2011
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