Wednesday, November 01, 2006

CBRE acquires Trammell Crow for $2.2 billion CB Richard Ellis announced Tuesday it was acquiring Trammell Crow Co. for about $2.2 billion, creating the first commercial real estate firm to qualify for the Fortune 500. 12:19:08 PM

FL: Unpleasant choices Welcome to Florida. The state long touted for sun and cheap taxes has become a place where hundreds of thousands of winter residents pay disproportionately higher taxes than Floridians. Snowbirds who don't have children in local schools and who use government services only during winter months often pay four times more in property taxes than their neighbors who live year-round in virtually identical homes and condos. Residents of Ohio, New York, Pennsylvania and other states often pay the largest share of taxes in resort communities, but they have no say in electing those who set their tax rates. 12:14:54 PM

NJ: Taking back their lake Nearly seven months after its owner began a court-ordered draining of the lake, the Lake Wanda Property Owners Association has bought the water body for $27,000 and plans to fix the dam and restore the community's centerpiece. 11:59:47 AM

FL: Sex offender's home watched at Halloween A Weston homeowners association took the unusual move of dispatching a security guard to monitor the home of a registered sex offender on Halloween night. 10:46:43 AM