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Real Estate News Mar 2006

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Sticker shock: District real estate assessments jump 22 percent
When D.C. Council Member Jack Evans opened his real estate assessment notice on Saturday, he was, just for a second, left "breathless." His home value had surged 60 percent. (Wed, 01 Mar 2006 04:54:46 GMT)

Real estate continues to cool
After five adrenaline-pumping years of real estate sales, 2006 is already fulfilling predictions of a weaker market. Sales of existing homes fell in January for the fifth month in a row, the National Association of Realtors said Tuesday. (Wed, 01 Mar 2006 04:58:46 GMT)

Real Capital helps usher real estate into 21st Century
A Carlsbad company is changing the way real estate transactions are processed, having created an electronic war room that facilitates the interaction between buyers and sellers. (Wed, 01 Mar 2006 06:27:37 GMT)

Real estate helps Sussex to $11 million surplus
GEORGETOWN -- Sussex County officials, helped by a construction and real estate boom during the past 15 years, accumulated a surplus of $11 million during the last fiscal year, according to an audit released Tuesday. (Wed, 01 Mar 2006 08:41:34 GMT)

Sticker shock: District real estate assessments jump 22 percent
When D.C. Council Member Jack Evans opened his real estate assessment notice on Saturday, he was, just for a second, left "breathless." His home value had surged 60 percent. (Wed, 01 Mar 2006 09:40:17 GMT)

Morgan Stanley Real Estate invests Rs3bn in Mantri Developers
Morgan Stanley Real Estate on Wednesday announced that it has invested Rs3bn (around US$68mn) in Mantri Developers Private Limited (MDPL), a private Bangalore-based real estate developer. Kotak Investment Bank advised MDPL on the transaction. (Wed, 01 Mar 2006 11:24:42 GMT)

Largest real estate deal in India
Morgan Stanley Real Estate on Wednesday announced that it has invested Rs 300 crore (around $68 million in Mantri Developers Private Ltd, a private Bangalore-based real estate developer. (Wed, 01 Mar 2006 11:36:20 GMT)

Real estate continues to cool
After five adrenaline-pumping years of real estate sales, 2006 is already fulfilling predictions of a weaker market. Sales of existing homes fell in January for the fifth month in a row, the National Association of Realtors said Tuesday. (Wed, 01 Mar 2006 12:17:17 GMT)

Real estate value rises to $33.1B
Greenwich has retained its perch at No. 1 in the state in assessed value of all real estate with a Grand List of $33.1 billion -- triple that of Stamford, the next highest. (Wed, 01 Mar 2006 13:00:29 GMT)

Spanish Real Estate Stocks Jump On M&A News
1142 GMT [Dow Jones]--Spanish real estate stocks jump on M&A news and expectation of more to come, after Metrovacesa's (MVC.MC) main shareholder launches bid for an additional 20% at a hefty 25% premium, traders note. (Wed, 01 Mar 2006 13:15:33 GMT)

USAA Real Estate earns national recognition for energy efficiency
The Environmental Protection Agency will present USAA Real Estate Co. with the agency's Energy Star Sustained Excellence 2006 Award for its commitment to energy efficiency. (Wed, 01 Mar 2006 16:37:57 GMT)

Omers Has 16% Return on Private Equity, Real Estate (Update1)
March 1 (Bloomberg) -- The Ontario Municipal Employees Retirement Board, Canada's fourth-biggest pension fund, earned 16 percent on its investments in 2005 because returns from real estate and private equity climbed. (Wed, 01 Mar 2006 17:36:56 GMT)

Don't miss this guide to real-estate investing
FRANK McKINNEY'S MAVERICK APPROACH TO REAL ESTATE SUCCESS (Wed, 01 Mar 2006 18:15:24 GMT)

Guide to green commercial real estate available
The first guide to green commercial real estate on the West Coast, Green Real Estate Guide 2006, has been released by Celilo Group Media. (Wed, 01 Mar 2006 18:40:19 GMT)

Local real estate market is boon for sellers
Airdrie Echo — Today’s real estate market in the greater Calgary region has some jumping for joy and others tearing their hair. For sellers, the market is great, with buyers lining up to put in their bids. However, for the buyers, it’s often a different story. (Wed, 01 Mar 2006 21:04:08 GMT)

Morgan buys stake in real estate firm
Mumbai, March 1: The booming real estate business in the country got another boost today when Morgan Stanley infused $68 million into the Bangalore-based Mantri Developers Private Ltd. (Wed, 01 Mar 2006 21:12:48 GMT)

Prestigious Real Estate Award Goes to International Properties/GMAC Real Estate
RISMEDIA, March 2 — A meeting of the minds for the real estate-oriented, the GMAC Home Services 2006 Annual Business Conference focused on awarding successful ventures in real estate. (Wed, 01 Mar 2006 21:16:17 GMT)

O'Malley: Hot real estate market fattens city coffers
Baltimore City's real estate boom will likely generate a $60.6 million budget surplus in fiscal year 2006, Mayor Martin O'Malley predicted on Wednesday. (Wed, 01 Mar 2006 23:09:19 GMT)

Real Estate Agents, Buying into Diversity
From feng shui to halal, cultural considerations affect the purchase of property. As Zoe Corneli of member station KALW and New California Media reports, the savvy real-estate agent or developer takes note of ethnic differences in prospective buyers. (Wed, 01 Mar 2006 23:29:37 GMT)

Morgan Stanley Real Estate Drops $68M in India Real Estate Investment
Attracted by India's 6 to 8 percent economic growth rate and a workforce of nearly 1 billion, among others, Morgan Stanley Real Estate said today it has invested about $68 million in Bangalore-based developer Mantri Developers Private Ltd., which counts residential, office and retail projects among its focuses. (Thu, 02 Mar 2006 01:06:29 GMT)

Pension Funds Return to Real Estate
Pension funds may be returning to the real estate market. For instance, CharterMac Mortgage Capital has financed $16.4 million for a pension fund's acquisition of Summer Chase Apartments, a 198-unit multifamily property in Limerick, Pa., just north of Philadelphia. (Thu, 02 Mar 2006 02:05:58 GMT)

Real Estate Heir Out of Texas Prison Early
A New York real estate heir who was acquitted of murdering a neighbor in 2003 but sent to prison last month for parole violations was released early after he sued the state alleging the punishment was too harsh. (Thu, 02 Mar 2006 02:18:45 GMT)

Sree's thoughts on new real estate sites
Looking to sell, buy or rent? Sree has some useful, newish real estate sites you need to check out! (Thu, 02 Mar 2006 03:18:12 GMT)

No Deutsche Bank Real Estate Fund Impact
0749 GMT [Dow Jones] News that Deutsche Bank's (DB) frozen real estate fund Grundbesitz-Invest will need to be devalued by EUR147M is unlikely to make an impact on the company share price Thursday, says a trader. This figure is lower than the EUR200M sum the market was expecting. (Thu, 02 Mar 2006 09:16:03 GMT)

Real estate slowdown may end soon
BEIJING - A series of official statements from government agencies has led to speculation that last year's macroeconomic control measures, intended to cool excessive growth in China's real estate sector, will soon be relaxed. (Thu, 02 Mar 2006 11:49:33 GMT)

Pennsylvania Real Estate Investment Trust Reports Fourth Quarter and 2005 Annual Financial Results
PHILADELPHIA----March 2, 2006--Pennsylvania Real Estate Investment Trust today announced its financial results for the fourth quarter and year ended December 31, 2005. (Thu, 02 Mar 2006 12:55:00 GMT)

Johnson Controls Awarded Global Real Estate Contract with Agilent Technologies
MILWAUKEE, March 2 -- Johnson Controls, Inc. today announced the expansion of its existing global facilities management contract with Agilent Technologies to incorporate a full-service real estate management solution for Agilent's worldwide real estate portfolio. (Thu, 02 Mar 2006 17:09:35 GMT)

Growth Watch: Eufaula Sees Real Estate Boom
The real estate market continues to boom in cities across the nation, including in some unexpected places. A lot of small towns in our region are seeing major boosts in their housing markets. (Thu, 02 Mar 2006 17:40:09 GMT)

Banks warned on real estate exposure
The Reserve Bank of India has once again cautioned banks against excessive lending to the real estate sector. In a notification issued on Thursday, the RBI has directed banks that they should disburse loans involving real estate only after obtaining all government clearance. (Thu, 02 Mar 2006 19:12:01 GMT)

AEW Real Estate Income Fund as of December 31, 2005
BOSTON----March 2, 2006--AEW Real Estate Income Fund had the following portfolio characteristics as of December 31, 2005: Portfolio Composition: -- Common shares - 70.7% -- Preferred shares - 28.5% -- Cash - 0.8% Top 10 Holdings: 1. (Thu, 02 Mar 2006 19:19:00 GMT)

Johnson Controls Awarded Global Real Estate Contract with Agilent Technologies
Johnson Controls, Inc. today announced the expansion of its existing global facilities management contract with Agilent Technologies to incorporate a full-service real estate management solution for Agilent's worldwide real estate portfolio. This deal follows the Johnson Controls acquisition of USI, a leading corporate real estate alliance services firm in the United States, and builds on a (Thu, 02 Mar 2006 19:52:40 GMT)

Weigand real estate forecast shows growth in several sectors for 2006
There will be continued growth in 2006 in several real estate sectors in the Wichita area, especially the retail, office, industrial and residential markets, according to J.P. Weigand & Sons Inc.'s annual forecast, announced Thursday. (Thu, 02 Mar 2006 20:38:26 GMT)

RBI move to curb risky real estate loans
Mumbai, March 2 : Alarmed at the surge in loans to the real estate sector, the Reserve Bank of India (RBI) has asked banks to curb “excessively risky lending” by being selective and strengthening the loan approval process. (Thu, 02 Mar 2006 21:56:49 GMT)

Filipinos Urged to Transact Biz With Licensed Real Estate Agents
MANILA, March 3 Asia Pulse - The Philippine Department of Trade and Industry (DTI) has urged the public to transact their real estate needs to registered professionals, such as real estate brokers and appraisers to avoid dubious deals and fly-by-night operations. (Fri, 03 Mar 2006 02:47:00 GMT)

Weigand predicts solid year for commercial real estate
It will be another fabulous year in commercial real estate, matching 2005, according to a forecast by J.P. Weigand & Sons real estate firm. (Fri, 03 Mar 2006 07:15:36 GMT)

MexicoBuyersGuide.com Shows U.S. Buyers How to Cash-in on Red Hot Mexico Real Estate Market
MexicoBuyersGuide.com Shows U.S. Buyers How to Cash-in on Red Hot Mexico Real Estate Market [PRWEB Mar 3, 2006] (Fri, 03 Mar 2006 08:24:09 GMT)

Britney's real-estate therapy to save her marriage! London: Pop princess Britney Spears has reportedly splashed out 3
Britney's real-estate therapy to save her marriage! London: Pop princess Britney Spears has reportedly splashed out 3 million pounds on a pad while staying on Maui, as a latch ditch attempt to save her otherwise sinking marriage with hubby Kevin Federl (Fri, 03 Mar 2006 11:06:26 GMT)

Britney's real-estate therapy to save her marriage!
Britney's real-estate therapy to save her marriage! (Fri, 03 Mar 2006 11:16:08 GMT)

When Looking for Vacation or Real Estate Options, Have We Exhausted Our Choices of Hotel Rooms or Condos? Has The
(PRWEB) March 3, 2006 -- Finding a new niche market in the hospitality and real estate industry is a difficult task. (Fri, 03 Mar 2006 12:00:00 GMT)

Real estate official accused
The city's real estate director stands accused of breaking ethics rules during the last home sale she worked on as a local real estate agent. (Fri, 03 Mar 2006 13:10:50 GMT)

TRENDS Report: The Internet Has Forever Changed Real Estate
RISMEDIA, March 3 — While technology has significantly influenced the way the real estate marketplace operates, the Swanepoel TRENDS Report ( www.RealEstateTrendsReport.com ) highlights it as one of the Top 15 trends impacting the real estate industry. (Fri, 03 Mar 2006 15:14:16 GMT)

Classified Ventures, LLC Real Estate Division Reports Record Traffic in January
RISMEDIA, March 3 — Classified Ventures, a strategic joint venture owned by six leading media companies including Belo Corp., Gannett Co., Inc., Knight Ridder, The McClatchy Company, Tribune Company and The Washington Post Company, reported it set a new record for traffic, according to internal statistics, in January with 8.8 million unique visitors coming to its three real estate sites, (Fri, 03 Mar 2006 15:16:17 GMT)

NAR PULSE: Pittsburgh Condo Deal Puts Banks Into Residential Real Estate
RISMEDIA, March 3 — In a letter delivered the week of Feb. 13 to the chief counsel of the Office of the Comptroller of the Currency, the president of the NATIONAL ASSOCIATION OF REALTORS® responded to the recent defense by the OCC of its approvals permitting national banks to engage in new real estate and commercial activities. (Fri, 03 Mar 2006 15:16:49 GMT)

Real Estate Commissions Under Pressure
Economist Steven Levitt talks to Renee Montagne about the future of real estate agents. Levitt says their standard six-percent commission may become a thing of the past. The Internet is putting pressure on the fees that agents have become accustomed to. (Fri, 03 Mar 2006 16:14:57 GMT)

CC raids CMS for Polish real estate star
Clifford Chance (CC) has raided CMS Cameron McKenna for its Polish real estate practice, including regional rainmaker Pawel Debowski. Debowski, widely regarded as a leading real estate lawyer in Central and Eastern Europe (CEE), will join CC’s Warsaw office. (Fri, 03 Mar 2006 16:16:39 GMT)

Credit Enhancement is the Latest Danger in Real Estate Fraud, According to Real Estate and Mortgage Fraud Expert Ralph
Adding an authorized user to your credit card account seems harmless enough, but it can hurt more than it helps, warns Real Estate and Mortgage Fraud expert Ralph R. Roberts. (Fri, 03 Mar 2006 17:20:00 GMT)

Real Estate Live
Post Real Estate Editor Maryann Haggerty takes your questions and comments about the local housing market. (Fri, 03 Mar 2006 19:42:02 GMT)

Demand Drives Ohio Real Estate School
RISMEDIA, March 6 — (KRT) — There is a reason the Ohio Institute of Real Estate Studies operates seven locations across the state, from South Amherst to Chillicothe. (Fri, 03 Mar 2006 20:00:06 GMT)

Fallbrook , Bonsall real estate activity rebounds
February prices and activity levels in residential real estate rebounded to resume climbs typical of this time of the year in the prime North San Diego County communities of Fallbrook and Bonsall, Jerry Kalman, of Prudential California Realty, reported Friday. (Fri, 03 Mar 2006 22:04:19 GMT)

Real Estate: Selling in a Buyer's Market
Is it too late to get out of the real-estate market? Is it too early to get back in? An expert on the mysteries of the bubble. (Sat, 04 Mar 2006 01:13:55 GMT)

Real Estate People & Places: 3/4/06
Renee Pitrelli of Ellwood City has joined Advantage Homes Real Estate, Ellwood City, as a sales associate specializing in residential and investment sales. She is owner and operator of the internet service provider NC Connect. (Sat, 04 Mar 2006 05:15:02 GMT)

NEW ORLEANS REAL ESTATE TRANSFERS
Clio St. 1525. A Muse Real Estate LLC to Clio Partners LLC, $339,000. (Sat, 04 Mar 2006 07:13:45 GMT)

Real estate newsmakers
Century 21 Hughes & Carey announced that &bold;Elaine Gaspar was recently recognized by Century 21 Real Estate LLC with the Grand Centurion producer award following her outstanding sales success in 2005. (Sat, 04 Mar 2006 08:07:13 GMT)

Real Estate Transfers
Real Estate Transfers The following property transactions, those most recently released to the Centre Daily Times, were recorded from Jan. 30, 2006, through March 10, 2006, in the office of the Centre County Recorder of Deeds. (Sat, 04 Mar 2006 08:18:27 GMT)

REAL ESTATE - Florence Recorder
Boone County real estate transfer information is obtained at the county clerk's office. Neighborhood designations are approximate. E-mail kynews@communitypress.com with "Real estate" in the subject line, or call 283-0404 with questions. (Sat, 04 Mar 2006 11:18:20 GMT)

Al Burj Real Estate announces sales of over Dh1.75bn within first few months of operations
Al Burj Real Estate Limited, one of the leading private stock companies in the region, announced that it had achieved sales of over Dh1.75 billion within 2-months of offering properties for sale in Phase I of Madinat Al Arab. (Sat, 04 Mar 2006 12:24:38 GMT)

Web transforming real estate sales
A wave of innovation in online real estate is making it easier for home buyers and sellers to do their own research, and potentially save money. Enhanced by satellite-image maps popularized by Google and Yahoo, new home-search sites allow users to swoop down on a neighborhood from above and, with a few clicks, freely obtain more property data than ever before. (Sat, 04 Mar 2006 12:24:43 GMT)

Web transforming real estate sales
A wave of innovation in online real estate is making it easier for home buyers and sellers to do their own research, and potentially save money. (Sat, 04 Mar 2006 16:12:23 GMT)

Two Men Charged In Alleged Real Estate Scheme
Two business owners were arrested in connection with an alleged real estate fraud scheme. Sacramento Police arrested 37-year-old John Wilfred Curley of Sacramento and 30-year-old Muhammad Adenwala of Roseville Friday following a six-month investigation. (Sat, 04 Mar 2006 18:46:32 GMT)

Add Real Estate to the List of Industries Being Forever Changed by the Internet
Years ago, Molly Bolanos looked for a home the old-fashioned way: She spent hours driving around in her real estate agent's car, hoping for the best and girding for the worst. (Sat, 04 Mar 2006 19:49:53 GMT)

Real Estate Transfers
Real Estate Transfers The following property transactions, those most recently released to the Centre Daily Times, were recorded from Jan. 30, 2006, through March 10, 2006, in the office of the Centre County Recorder of Deeds. (Sat, 04 Mar 2006 20:46:58 GMT)

Morgan Stanley Real Estate Drops $68M in India Real Estate Investment
Attracted by India's 6 to 8 percent economic growth rate and a workforce of nearly 1 billion, among others, Morgan Stanley Real Estate said today it has invested about $68 million in Bangalore-based developer Mantri Developers Private Ltd., which counts residential, office and retail projects among its focuses. (Sun, 05 Mar 2006 06:05:44 GMT)

Real estate is a risky path for IRAs
Individual Retirement Accounts are becoming a tempting source of capital for would-be real-estate speculators. Seminars and magazine articles tout the advantages of "self-directed" IRAs that allow you to go beyond what banks and brokerages offer. Naturally, readers have questions about them. (Sun, 05 Mar 2006 06:14:09 GMT)

REAL ESTATE TRANSACTIONS
Real estate transactions recorded at the Manatee County Courthouse: (Sun, 05 Mar 2006 08:03:48 GMT)

Add Real Estate to the List of Industries Being Forever Changed by the Internet
Years ago, Molly Bolanos looked for a home the old-fashioned way: She spent hours driving around in her real estate agent's car, hoping for the best and girding for the worst. (Sun, 05 Mar 2006 08:49:53 GMT)

Real Estate Mailbag
Q: DEAR BOB: We own a two-bedroom, one-bath home in top condition in a popular vacation area. In August we signed a 90-day listing with a real estate agent. She warned us that the average sales time in the market was about 150 days. We received one low-ball purchase offer. (Sun, 05 Mar 2006 09:11:43 GMT)

Firms voice concern over new real estate decree
HCM CITY — Real estate companies in HCM City voiced their concerns over the prospects of the property market at a conference on Thursday. The HCM City Property Association held the meeting to discuss Decree 17 and the draft Law on Real Estate Trading. (Sun, 05 Mar 2006 09:44:05 GMT)

Demand for quality commercial space increasing in Dubai real estate
Emaar Properties, Dubai based real estate developer meets the growing demand of quality commercial spaces by releasing 200 commercial offices as part of its Gold and Diamond Park expansion. (Sun, 05 Mar 2006 10:38:39 GMT)

Real estate records get high-tech update
By CHRISTIE SMYTHE Staff Writer Web-based technology is on its way to becoming the norm for paying bills and filing taxes. But can real estate deed recording make the leap into the online services world? (Sun, 05 Mar 2006 12:39:54 GMT)

Lenders and investors closely monitoring commercial real estate mortgage loans
New York- While banks and other lenders may fret these days about consumers' ability to repay home mortgages as interest rates rise, they have another concern: the commercial real estate market. (Sun, 05 Mar 2006 12:55:09 GMT)

Real-estate agent elected as officer TGMC campaign wins award Local safety award winners named Ponder diplomat for pain
Real-estate agent elected as officer HOUMA -- Bill G. Boyd, real-estate broker with Town & Country Real Estate, recently was elected as vice chairman of the Louisiana Real Estate Commission. (Sun, 05 Mar 2006 14:08:50 GMT)

GE Real Estate Iberia Buys Retail-Office Complex in Madrid
Through its wholly-owned subsidary Renta Immobiliaria, GE Real Estate Iberia this week picked up a shopping center-office complex in Madrid for approximately €50 million ($60 million U.S.) from Cogeinsa in an all-equity transaction. (Sun, 05 Mar 2006 17:05:47 GMT)

Here comes the real estate slow down
Trent Powell is a peninsula in what has become a choppier sea in East Valley real estate. He's stuck among a for sale sign, an unrealistic seller and a leery buyer. In the lucrative game of home sales, he is checkmated. What a difference six months makes. Last summer, the Mesa real estate agent drove with investors through neighborhoods while they snapped up houses in hours or days. (Sun, 05 Mar 2006 17:45:11 GMT)

GMAC Real Estate Makes Emotional Pitch
CHICAGO GMAC Real Estate has launched a new brand identity in an advertising effort via independent boutique Alchemy Creative Studios. (Sun, 05 Mar 2006 18:13:49 GMT)

Commercial banks’ real-estate loans inch up
Commercial banks’ exposure to the Philippine property sector as of end-December rose slightly from the previous year, reflecting the pick up in the country’s real estate industry. (Sun, 05 Mar 2006 18:14:43 GMT)

Brand-building bug bites mid-sized real estate developers
SELLING DREAMS: Realtors are increasing ad spend. If advertising is all about selling dreams, little wonder that mid-sized real estate developers are roping in well-known advertising agencies to help them sell dream homes. (Sun, 05 Mar 2006 20:55:30 GMT)

CBR to contact UAE government for Pakistani real estate investors'data
ISLAMABAD (March 06 2006): The Central Board of Revenue (CBR) has decided to approach the Government of United Arab Emirates (UAE) for obtaining the details of the Pakistani nationals, who have made investment in the real estate business in the UAE. (Sun, 05 Mar 2006 23:18:30 GMT)

Site unlocks door to home value, Zillow.com offers free estimates on real estate
DOVER — It’s little secret that Americans have a fascination with real estate values. Whether you enjoy scouring through property transfers for your neighbors’ homes, or driving through swanky neighborhoods to guess the price of your favorite mansions, there is a new Web site made with you in mind. (Mon, 06 Mar 2006 03:14:01 GMT)

Morgan Stanley Real Estate Drops $68M in India Real Estate Investment
Attracted by India's 6 to 8 percent economic growth rate and a workforce of nearly 1 billion, among others, Morgan Stanley Real Estate said today it has invested about $68 million in Bangalore-based developer Mantri Developers Private Ltd., which counts residential, office and retail projects among its focuses. (Mon, 06 Mar 2006 04:05:41 GMT)

Goldman snares 3 UBS Asia real estate bankers
HONG KONG, March 6 (Reuters) - Goldman Sachs , a leading global investment bank, has hired three top Asia-focused real estate bankers from UBS , according to an internal company memo, as the region's property markets keep booming. (Mon, 06 Mar 2006 04:54:22 GMT)

Women Find It Safe to Invest in Real Estate Market
Women Find It Safe to Invest in Real Estate Market (Mon, 06 Mar 2006 05:07:29 GMT)

Property Fund Hopes To Tap Into Chinese Real Estate's 'Huge Potential',
A China-focused real estate fund, which aims to provide high net worth and institutional investors with access to a portfolio of real estate projects in Greater China with strong growth potential, is hoping to raise US$500 million by the middle of the year. (Mon, 06 Mar 2006 05:08:46 GMT)

Stocks or real estate? Why not both?
Q: Can you compare the performance of stocks with real estate over the past 10 years? (Mon, 06 Mar 2006 05:13:06 GMT)

Triad's commercial real estate market 'swirling'
While area real estate players remain optimistic that commercial property sales will remain strong in 2006, they caution that a rise in interest rates could reduce returns and may make it difficult for the market to maintain the same pace of growth seen in 2005. (Mon, 06 Mar 2006 05:44:10 GMT)

Goldman Hires 3 UBS Bankers For Real Estate Business
DJ Goldman Hires 3 UBS Bankers For Real Estate Business HONG KONG (Dow Jones)--Goldman Sachs Group (GS) said Monday it has hired three bankers to head up its investment banking real estate business. The three, Michael Smith, Vincent Peng and Peter Best, previously worked for Swiss rival UBS AG (UBS). Smith was head of real estate at UBS. He is now based in Singapore for Goldman. Peng was head of (Mon, 06 Mar 2006 08:05:00 GMT)

Goldman Hires 3 UBS Bankers For Real Estate Business
HONG KONG (Dow Jones)--Goldman Sachs Group (GS) said Monday it has hired three bankers to head up its investment banking real estate business. (Mon, 06 Mar 2006 08:05:00 GMT)

Morgan Stanley Real Estate Drops $68M in India Real Estate Investment
Attracted by India's 6 to 8 percent economic growth rate and a workforce of nearly 1 billion, among others, Morgan Stanley Real Estate said today it has invested about $68 million in Bangalore-based developer Mantri Developers Private Ltd., which counts residential, office and retail projects among its focuses. (Mon, 06 Mar 2006 08:05:39 GMT)

Township wants real estate agents to act as cops
FREEHOLD TOWNSHIP -- The way Jarrod Grasso saw it, real estate agents who sold or rented homes in Freehold Township would have had two choices: obey a new ordinance and break state law, or abide by state law and violate the ordinance. (Mon, 06 Mar 2006 09:16:15 GMT)

Real Estate Department officials visit DM
A Dubai Real Estate Department delegation led by its Deputy Director General, Nasser Mubarak Al Mansouri, visited Dubai Municipality's Karama Centre on Sunday to learn about the working of its newly set up counters. (Mon, 06 Mar 2006 10:09:38 GMT)

'Real Estate TV' media partner for DSUD
The Organising Committee of the Dubai Sustainable Urban Development (DSUD) Forum, which is scheduled to be held from 18-20 March 2006 at Grand Hyatt, has announced Real Estate Television Channel (Al Aqaria) as the event's media partner. (Mon, 06 Mar 2006 11:39:50 GMT)

Real estate, Internet-style deals
SEATTLE -- Years ago, Molly Bolanos looked for a home the old-fashioned way: She spent hours driving around in her real estate agent's car, hoping for the best and girding for the worst. (Mon, 06 Mar 2006 12:47:08 GMT)

Online Real-Estate Listings Give Power to Buyers
Detailed information formerly available only to real-estate agents may be factor driving down fees. (Mon, 06 Mar 2006 14:08:04 GMT)

BLP's efforts to shake off real estate label miss the mark
Whoever you ask, Berwin Leighton Paisner's (BLP) real estate department is chugging away nicely. The practice is performing well and the revenues are up. But - and there is always a 'but' on these pages - are things on the inside as healthy as they appear from the outside? (Mon, 06 Mar 2006 14:17:29 GMT)

Italy accuses Croatia of real estate bias
EUOBSERVER / BRUSSELS – Italy has accused Croatia of systematically discriminating against Italian citizens trying to purchase real estate in Croatia, in a letter to the European Commission. (Mon, 06 Mar 2006 16:51:02 GMT)

Fidelity Assets Offers Real Estate Professionals Free Web Site Content
Fidelity Assets (www.fidelityassets.com),the first company to create search engine marketing (SEM) strategiestailored to the specific needs of real estate brokers and agents, nowoffers real estate professionals free syndicated news content from FidelityAssets' industry blog for real-time publishing to real estate agents'websites. (Mon, 06 Mar 2006 17:06:34 GMT)

County’s real estate tax deadline is Friday
When people think of tax day they generally think April 15. Don’t forget March 10 though, which is the due date for Washington County real estate taxes. (Mon, 06 Mar 2006 18:26:36 GMT)

Single Women Plunge Into Real Estate
It used to be that first came marriage, then came real estate. But a growing number of single women are deciding they don't need to wait for a husband before buying a home. The Early Show investigates the trend. (Mon, 06 Mar 2006 18:35:18 GMT)

US private equity firm Blackstone acquires CarrAmerica, a US real estate investment trust (Reit)
US private equity firm Blackstone on Monday agreed a $5.6bn deal to buy CarrAmerica, a US real estate investment trust (Reit), as it adds office properties to its burgeoning real estate portfolio following recent acquisitions of hotel groups. (Mon, 06 Mar 2006 18:41:40 GMT)

Govt eyes securitizing its real estate / Move aimed at cutting ratio of assets to GDP
The government is considering the securitization of government real estate assets, which include land being used for government employee housing in central Tokyo and government office buildings in the Kasumigaseki district, sources said Monday. (Mon, 06 Mar 2006 18:42:48 GMT)

Fillmore Real Estate Announces Promotions
RISMEDIA, March 7 — Fillmore Real Estate, New York City’s largest privately owned and operated residential and commercial real estate company, recently announced a series of executive and managerial promotions. (Mon, 06 Mar 2006 21:16:28 GMT)

Hotel Real-Estate Investment Trust Equity Inns Boosts Quarterly Dividend to 19 Cents
Hotel real-estate investment trust Equity Inns Inc. said on Monday it boosted its quarterly dividend by 12 percent to 19 cents from 17 cents per share. (Mon, 06 Mar 2006 22:21:08 GMT)

REAL ESTATE TRANSACTIONS
Real estate transactions recorded at the Manatee County Courthouse: (Tue, 07 Mar 2006 00:47:54 GMT)

Real Estate Software Provider Using Parature to Turn Reactive Customer Support into Proactive Help
Parature, provider of award winning, on demand customer support and help desk software, announced that SharperAgent, provider of contact management marketing solutions to real estate agents and brokerage firms, has implemented Parature’s Customer Support Solution. (Tue, 07 Mar 2006 09:43:30 GMT)

Regional enthusiasm for real estate activity builds optimism
THERE AREN’T a lot of places in Canada where people are confident an already booming real estate market will continue to be hot in 2006 but, of those who do, Atlantic Canadians are the most optimistic in the whole country, according to a recent survey conducted for RBC Royal Bank. (Tue, 07 Mar 2006 09:56:56 GMT)

Waterbury real estate a hot commodity
WATERBURY -- A Manhattan-based real estate company spent more than $12 million to purchase two commercial plazas in Waterbury over the past few weeks. (Tue, 07 Mar 2006 10:03:45 GMT)

Sector movers: Miners and Real Estate crumble
Real Estate also fell after Merrill Lynch downgraded a raft of property stocks. Liberty International , Great Portland Estates , and Unite were reduced from ‘buy’ to ‘neutral’ on valuation grounds by the broker. (Tue, 07 Mar 2006 11:31:34 GMT)

Agent Accused Of Embezzling Drug Money To Buy Florida Real Estate
ATLANTA -- An agent with the Drug Enforcement Agency is expected to be arraigned in federal court in Atlanta on Wednesday. Gregory Campion, 44, of Orlando, Fla., is accused of taking drug money seized by the agency and using it to buy real estate in Florida, the U.S. Attorney's Office said Monday. (Tue, 07 Mar 2006 11:59:24 GMT)

Avoiding The Pitfalls Of Real Estate Selling
(PRWEB) March 10, 2006 -- Buying a real estate property is a lifetime objective and entails a lot of money. (Tue, 07 Mar 2006 12:00:00 GMT)

Blackstone Group adds commercial real estate firm to portfolio
Blackstone Group LP agreed to acquire CarrAmerica Realty Corp. for $5.6 billion, adding office buildings to its real estate holdings as vacancies fall and rents rise in major U.S. cities. (Tue, 07 Mar 2006 12:18:31 GMT)

Quadrant2 Revolutionizes Real Estate Industry with a Single Web-based System that Automates Four-Step Residential Sales
Leading real estate technology firm Quadrant2 has launched 360Agent, the only completely integrated software system available that helps real estate agents, teams and offices capture leads and efficiently manage all critical-path, day-to-day customer and transaction activities. Unlike basic contact management tools, 360Agent automates the entire four-step real estate sales process-lead capture, (Tue, 07 Mar 2006 15:39:06 GMT)

RSA Security Forges Strategic Partnership with Rapattoni Corporation to Secure Real Estate Industry Data
BEDFORD, Mass., March 7 /PRNewswire-FirstCall/ -- RSA Security Inc. ( Nachrichten ) today announced that the company has forged a strategic partnership with Rapattoni Corporation, a leading software and services provider to the real estate industry, to provide stronger online data security for multiple listing services (MLSs) and real estate associations. (Tue, 07 Mar 2006 16:10:19 GMT)

Real estate firms to help council attract businesses
The Kansas City Area Development Council has established an advisory council of commercial real estate firms to assist in its effort to recruit businesses to the region. (Tue, 07 Mar 2006 18:39:47 GMT)

GlobalWebBrands Aims for Real Estate
March 7, 2006 -- Web hosting provider GlobalWebBrands announced on Tuesday it has shifted its offerings from mainstream hosting to targeted Web site solutions for the real estate industry. (Tue, 07 Mar 2006 18:58:43 GMT)

Century 21 Buys CNN Real Estate
CNN's ad sales arm has signed a one-year lease with Century 21 Real Estate, finalizing a marketing partnership that includes television, broadband, online, on demand and content licensing opportunities. (Tue, 07 Mar 2006 19:08:46 GMT)

RSA Security Forges Strategic Partnership with Rapattoni Corporation to Secure Real Estate Industry Data
the identity of a person accessing data online. By pairing RSA Security's expertise in securing data with Rapattoni's real estate industry prominence, the companies offer a compelling alternative to solutions currently available to the real estate industry. (Tue, 07 Mar 2006 20:21:15 GMT)

Window Rock Capital Announces Real Estate Opportunity
Charles R. Shirley, Chairman & CEO of WindowRock Capital Holdings, Inc. (OTC: WRKC), a real estate asset developmentcompany, is pleased to announce that Window Rock has made available for$50,000 USD (and your Belizean state closing fees) a beautiful quartershareshare unit in the new Mayacan Beach Club & Spa. Window Rock is also proudto announce that Window Rock will carry the mortgage so that (Tue, 07 Mar 2006 20:38:26 GMT)

DEA agent accused of embezzling drug money to buy Fla. real estate
(AP) -- An agent with the Drug Enforcement Agency is expected to be arraigned in federal court in Atlanta on Wednesday. Gregory Campion, 44, of Orlando, Fla., is accused of taking drug money seized by the agency and using it to buy real estate in Florida, the U.S. Attorney's Office said Monday. (Tue, 07 Mar 2006 20:44:47 GMT)

USATODAY.com Selects HomeGain to Power Online Real Estate Classifieds
RISMEDIA, March 8 — HomeGain, an online source for connecting real estate professionals with homebuyers and sellers, and USATODAY.com, one of the nation's most popular news and information websites, have joined in partnership to provide consumers with online services for buying and selling a home. Effective immediately, consumers can begin their search in USATODAY.com's real estate classifieds (Tue, 07 Mar 2006 22:00:07 GMT)

Real Estate LLC Formation Trending Upward Says The Company Corporation
RISMEDIA, March 8 — The Company Corporation, a leader in business formation services for real estate investors, today reported that LLC formation is trending upward as real estate investors seek the most effective means for protecting personal assets, gaining maximum tax advantage, and making their businesses more legitimate in the eyes (Tue, 07 Mar 2006 22:00:16 GMT)

Weichert Real Estate Affiliates Announces Four Promotions
RISMEDIA, March 8 — Weichert Real Estate Affiliates, Inc., the franchise arm of Weichert, Realtors®, has announced these four promotions: (Tue, 07 Mar 2006 22:00:37 GMT)

MortgageIT Holdings Shares Fall; Real-Estate Investment Trust Expects First-Quarter Loss
NEW YORK (AP) - Shares of MortgageIT Holdings Inc. fell Tuesday after the real-estate investment trust said it expects a loss in the first quarter because mortgage competition and the inverted yield curve have decreased the value of its sub-prime loans. (Tue, 07 Mar 2006 22:50:24 GMT)

Real Estate Continues To Build Steady Gains
Home sales look sluggish. But real estate funds keep moving full-steam ahead. (Wed, 08 Mar 2006 00:00:00 GMT)

DEVELOPMENT: Real estate firms to help council attract businesses
The Kansas City Area Development Council has established an advisory council of commercial real estate firms to assist in its effort to recruit businesses to the region. (Wed, 08 Mar 2006 00:38:50 GMT)

Kuwait-based Mazaya Holding enters Jordan's real estate market
Kuwait-based Mazaya Holding enters Jordan's real estate market (Wed, 08 Mar 2006 05:09:15 GMT)

Source: Real estate firm, consultant want Ford plant
LORAIN -- A California real estate firm and an Ohio consultant are working together to buy and redevelop Ford's Lorain Assembly Plant, according to a source familiar with the deal. (Wed, 08 Mar 2006 09:20:05 GMT)

Real-estate sales increased in January after plunging in December - NBK
Real-estate sales increased in January after plunging in December - NBK (Wed, 08 Mar 2006 10:24:15 GMT)

Saudi real estate investment company established
Saudi real estate investment company established (Wed, 08 Mar 2006 10:24:43 GMT)

REITs seen boosting foreign investment in Israeli real estate
Foreign investment in Israeli real estate is expected to reach NIS 1.4 billion in 2006. (Wed, 08 Mar 2006 11:38:44 GMT)

Real Estate Decline Looms
Bloomington, IN (PRWEB) March 8, 2006 -- Housing markets in major cities are at risk for a sharp decline if the over inflated real estate market continues on its current path, warns motivatedsellermagnet. (Wed, 08 Mar 2006 12:00:00 GMT)

Returns in Canadian Real Estate Highest in Over 20 Years
The rate of growth in capital values more than doubled in 2005, pushing the total return on real estate in Canada to 18.7%, from 13% a year earlier, according to the ICREIM/IPD Canadian Property Index. (Wed, 08 Mar 2006 12:00:00 GMT)

Real Estate Boom of 2005 Exposes Tax Payers to New Tax Regulations
San Francisco, CA (PRWEB) March 8, 2006 -- With the almost unprecedented expansion of the Real Estate market in 2005 and the availability of cheap loans, more and more home buyers are facing new tax regulations for the first time. (Wed, 08 Mar 2006 12:00:00 GMT)

Cornerstone Real Estate Preps to Sell 395,901-SF Premier Place
DALLAS-The Hartford, CT-based Cornerstone Real Estate Advisers Inc. is hanging a "for sale" sign on the 395,901-sf Premier Place. If sources are on target, the North Central Expressway trophy should be this year's top sale in its submarket. (Wed, 08 Mar 2006 13:03:31 GMT)

Investing: Estonia helps lift European real estate
Estonia helps lift European real estate (Wed, 08 Mar 2006 13:04:44 GMT)

Real estate agent pleads guilty to hiring hit man
LOCKPORT - A Clarence real estate agent who tried to hire a hit man to throw Molotov cocktails into her neighbors' home in an attempt to kill them pleaded guilty as charged Monday in Niagara County Court. (Wed, 08 Mar 2006 14:07:41 GMT)

Employee council opposes effort to add TSP real estate fund proposal
An advisory group that represents employees on matters concerning the Thrift Savings Plan is opposing efforts to add a new investment option tied to commercial real estate to the plan. (Wed, 08 Mar 2006 15:47:44 GMT)

Arriola defends real estate venture
His job for the moment secure, Miami City Manager Joe Arriola Tuesday defended his business partnership with Miami's mayor and a city commissioner, while insisting he hadn't violated the law by not filing a city-required real estate ownership disclosure form. (Wed, 08 Mar 2006 16:18:57 GMT)

euro adhoc: AIG International Real Estate GmbH & Co. KGaA / other / Net Asset Value as of December 31, 2005
08.03.2006 Frankfurt, March 8, 2006 Dear Ladies and Gentlemen: The preliminary unaudited net asset value ("NAV") of AIG International Real Estate GmbH & Co. KGaA ... (Wed, 08 Mar 2006 16:29:12 GMT)

Two plead guilty as accessories in slaying of real estate agent
CHATTANOOGA, Tenn. Two men charged as accessories in the robbery-slaying of a Chattanooga real estate agent have made plea deals that include prison terms up to eight years. (Wed, 08 Mar 2006 17:17:43 GMT)

Fed chief keeping eye on commercial real estate loans
The rapid growth in commercial real estate loans made by community banks bears watching, even as these mostly smaller, local banks remain in good overall financial health, Federal Reserve Chairman Ben Bernanke warned Wednesday. (Wed, 08 Mar 2006 17:43:17 GMT)

Bernanke warns on commercial real estate loans
U.S. Federal Reserve Chairman Ben Bernanke said on Wednesday community banks should improve the way they manage risks, given a growing reliance on commercial real estate lending and "some easing" in standards for those loans. (Wed, 08 Mar 2006 17:57:45 GMT)

Central Florida real estate firm sold
Vance Realty Group of Orlando, an independent real estate company that posted $214.3 million in sales last year, has been purchased by Prudential Florida WCI Realty. (Wed, 08 Mar 2006 18:03:06 GMT)

Bernanke: commercial real estate loans bear watching
LAS VEGAS Federal Reserve chief Ben Bernanke (bur-NANG'-kee) says the growth in commercial real estate loans by community banks bears watching. (Wed, 08 Mar 2006 18:20:47 GMT)

Real Estate Channel & Home Improvement Channel IPTV Networks Announced
RISMEDIA, March 9 — MultiChannel Ventures announces the launch of REAL ESTATE CHANNEL™ and HOME IMPROVEMENT CHANNEL™ video-on-demand IPTV broadband networks for the fall. (Wed, 08 Mar 2006 21:45:37 GMT)

Z57 to Provide Web Site Search Engine Placement Services to Real Estate Professionals
RISMEDIA, March 9 — Z57, Inc. a provider of marketing services and Web site design to the real estate industry, announced that they have begun providing the Internet Search System (ISS®) to their customers under an agreement with Coracle, Inc., manufacturers of the system. (Wed, 08 Mar 2006 21:46:17 GMT)

Mayor denies real estate trouble in Shanghai
Shanghai Mayor Han Zheng denied Wednesday that the real estate sector in the metropolis of east China suffered a trouble of extensive "return of houses" and demand on compensation for price gap from consumers. (Thu, 09 Mar 2006 00:22:39 GMT)

Committee Proposes 6-Cent Hike in Real Estate Taxes in City
An increase in their tax bill might be in store for Winchester property owners. Members of Winchester’s Finance and Administration Committee voted at their Wednesday morning meeting to forward a proposed 6-cent increase in real estate taxes to City Council. (Thu, 09 Mar 2006 06:14:42 GMT)

Brown to finalise tax regime on real estate trusts
Details of how real estate investment trusts will be taxed in the UK will be revealed by Gordon Brown in his Budget speech on 22 March, mid-tier firm BDO Stoy Hayward has said. (Thu, 09 Mar 2006 06:38:58 GMT)

Brown to finalise tax regime on real estate trusts
AccountancyAge.com, Accountancy Age , Thursday 9 March 2006 at 00:00:00 Budget will see final details released Details of how real estate investment trusts will be taxed in the UK will be revealed by Gordon Brown in his Budget speech on 22 March, mid-tier firm BDO Stoy... > Read the full article (Thu, 09 Mar 2006 06:41:24 GMT)

Real estate one avenue to invest IRA money
I read the article in The Oregonian about investing in real property within one's Individual Retirement Account. Did the article suggest that one could purchase investment real estate with IRA money or only make loans to entities investing in real property? (Thu, 09 Mar 2006 08:42:25 GMT)

Sorouh Real Estate Company (Exchange - ADSM : SOR.AD)
Real estate developer. Company information © 2006 ABQ Zawya Ltd. Quote data provided by © Reuters Limited. Click for Restrictions Site is optimised for viewing with Internet Explorer and Netscape Navigator v4 and above. Screen is optimised for viewing at 800 x 600. (Thu, 09 Mar 2006 10:51:57 GMT)

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