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BUSINESS
August 17, 2012 | By Tiffany Hsu
Trulia Inc., which runs real estate website Trulia.com, filed for an initial public offering Friday that could help the San Francisco company raise up to $75 million. In its filing with the Securities and Exchange Commission, Trulia did not say how many shares it planned to sell or how they would be priced. The company, which noted in its filing that it could raise up to $75 million, said it plans to list under the ticker TRLA on the New York Stock Exchange. Trulia offers services on the Web and mobile applications aimed at prospective home buyers, sellers or renters as well as the real estate professionals trying to attract them as clients.
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NEWS
January 6, 2012 | By Roger Vincent
U.S. commercial real estate values are drifting sideways after a two-year rally, analysts said. Prices for offices, warehouses, shopping centers and apartment buildings in major cities rebounded to within 10% of their record highs before leveling out six months ago, according to Green Street Advisors Inc. “I think people are used to values going up or down,” analyst Peter Rothemund said, adding that it's not abnormal for prices to...
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