HALLANDALE, FL-Capital Commercial Real Estate Group Inc. has announced the sale of the Taft Retail Center.

WASHINGTON, DC-Freddie Mac has reported that the 30-year average mortgage rate stood at 4.49% for the week ended August 5.

NEW YORK CITY-A fee of $175 will be charged on the plaintiffs for hearing a case related to city property tax assessment.

CHICAGO-Commissioner Christine Raguso of the Department of Community Development of Chicago is pressing for the old Wrigley gum factory to house high-tech jobs.

NEW YORK CITY-The Mortgage Bankers Assoc. is reporting that the mortgage application demand rose for the third week in a row.

NEW YORK CITY-The collapse of Sunwest Management Inc. last year has attracted many investors to purchase Sunwest's properties.

SINGAPORE-CapitaMalls Asia Ltd., a mall developer based in Singapore, has reported a decline of 24% in Q2 2010 net profit due to revaluation gains on property portfolios.

CHICAGO-JP Morgan Chase & Co., the biggest bank in Chicago, believes that foreclosure activity will be active till 2013.