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Residential Real Estate Industry News Headlines \| Bizjournals.com
Residential Real Estate:General headlines from the week of December 1, 2008

Cancer Care Center building sold National Real Estate Holdings Inc. of El Dorado Hills, Calif., has purchased The Cancer Care Center of Thornton building for $6.5 million, according to Adams County real estate records. Overland Park couple wins $15M in suit against trucking company An Overland Park couple was on the winning side of a $23.5 million verdict awarded by a federal jury in Wichita in a trucking accident dispute. Avenue CDC buys former Fedex site Avenue Community Development Corp, has purchased the former FedEx freight facility in north Houston for redevelopment into residential and possibly retail use. Maryland Business Roundtable for Education outlines plan to ready students The Maryland Business Roundtable for Education unveiled a three-year plan Monday to help double the number of Maryland high school graduates ready for college or the work force. Cobb partners with Wasserman at Hyde Park As part of its plan to revitalize Hyde Park Village, Wasserman Real Estate Capital has enticed Cobb Theatres to open its upscale CineBistro at the 275,000-square-foot retail project. Cyber Monday: St. Louis companies see Web traffic spike Online customer traffic was up 27 percent from two weeks ago for St. Louis companies on Monday, the unofficial kickoff of the online shopping season, new data show. Kobra Properties files Chapter 11 Real estate developer Kobra Properties — which owns more than 80 restaurants, corporate centers and other commercial properties mostly in Northern California — has filed for Chapter 11 bankruptcy reorganization in Sacramento, citing a worsening economic recession, depressed real estate market and a “tumultuous” credit industry. Royal Palm sells 99 home lots for $5.4M Taylor Morrison of Florida Inc. purchased 99 home lots at a Winter Garden subdivision from a subsidiary of Royal Palm Homes for $5.4 million. YTB raises money by selling jet, land YTB International has found a buyer for its 1980 Learjet 35A. Lenders urged to hold up on foreclosures Gov. Charlie Crist has asked the banking and mortgage lending industry to hold up on foreclosures until after the holidays.

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