Two downtown commercial condos near Union Square have sold for $7.4 million.

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Whoever buys Corus Bank’s $4 billion commercial real estate loan portfolio out of receivership likely will resell many of the projects shortly after the deal closes.

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Former Housing and Urban Development Secretary Henry Cisneros, who was in the Denver area on Wednesday, said he would like to see the federal government’s first-time homebuyer tax credit extended.

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Home sales in the Pittsburgh region continued to slide in August, with the biggest decline among homes over $250,000, according to a report from real estate information company RealSTATs.

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A San Diego-based developer has reached a deal to take over a stalled Honolulu high-rise condominium project that went into foreclosure late last year.

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The Federal Home Loan Bank of Boston, a key source of mortgage funding for New England lenders, said it plans to cut about 5 percent from its annual operating budget and eliminate 18 staff positions.

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The Houston-Sugar Land-Baytown metropolitan area fell in the middle of city rankings nationwide for construction job declines, according to employment data released Wednesday by the Associated General Contractors of America.

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A study by the Associated General Contractors of America found Greensboro to be one of the cities hardest hit by construction-related job losses.

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For the second time in a week, the <a href="http://stlouis.bizjournals.com/stlouis/stories/2009/09/28/story8.html ">foreclosure</a> on Centenery Tower in St. Louis has been delayed.

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Banco Popular North America has sold its $30.6 million foreclosure bid on 98 units in the Cynergi condominium project in Miami to a Venezuelan investment group.

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