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Nathan Brodsky, 89, Chief of Real Estate Corporation, Dies
Nathan Brodsky, a Manhattan real estate developer, got his start by rehabilitating small buildings and later dotted the skyline with sleek residential towers. (Tue, 01 Aug 2006 03:56:13 GMT)
Briefing - Asia Real Estate - Aug 1, 2006
An executive briefing on real estate for Aug 1, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Tue, 01 Aug 2006 06:40:00 GMT)
Morgan Stanley Real Estate makes first investment in Russia
Morgan Stanley Real Estate 's Special Situations Fund III bought new equity in RosEuroDevelopment , which develops shops, offices, warehouses and homes, Morgan Stanley said. Spokesman Carlos Melville declined to comment on how much the firm paid. (Tue, 01 Aug 2006 06:53:10 GMT)
Changing Real Estate Environment Turns BiggerPockets.com into Indispensable Resource
Website BiggerPockets.com Real Estate Investing Community provides a “one stop shop” of real estate information for buyers, sellers, and investors. (PRWEB Aug 1, 2006) Trackback URI: http://www.prweb.com/zingpr.php/TWFnbi1Mb3ZlLVNxdWEtSW5zZS1JbnNlLVplcm8= (Tue, 01 Aug 2006 07:33:07 GMT)
• Real Estate Tax for Italy Ranks 1 Among All Europe Rates
Analysts have reported that the planned changes on tax on the teal estate transactions will possibly raise the tax rate farther above the Europe average. This then will cause the reduction of foreign interest in the real estate sector. (Tue, 01 Aug 2006 14:22:57 GMT)
Real estate exuberance over but gloom hasn’t arrived
Irrational exuberance may now be out of fashion in the residential and commercial real estate markets, but so far gloom hasn’t taken its place. Instead, strength in the overall economy along with Tucson’s continuing advantages are keeping prices up and inventories low. (Tue, 01 Aug 2006 15:15:12 GMT)
Ethiopia: Oromia Halts Private Real Estate Development in Favor of Industry, Water
The Investment Commission of the Oromia Regional State has stopped offering plots to real estate projects within 10Km radius of Addis Abeba, Fortune has learned. This suspension includes towns such as Dukem, Sebeta, Burayu and Sululta. (Tue, 01 Aug 2006 16:06:37 GMT)
• Boca Raton's Real Estate Office to serve as a Gateway to Southeast
The Boca Raton will soon serve as a gateway of a real estate investment company to the Southeast region of America. (Tue, 01 Aug 2006 16:22:57 GMT)
Residential real estate transactions
Residential real estate transactions of more than $200,000 filed with the Clark County assessor May 16-31. The information includes seller's name, buyer's name, property location, description, price and closing date. Listed are some of the 1,012 transactions recorded in May. (Tue, 01 Aug 2006 16:25:36 GMT)
Crescent Real Estate posts narrower 2Q loss
Crescent Real Estate Equities Co. on Tuesday posted a smaller loss in the second quarter, helped by the acceleration of lease termination fees related to one of its properties. (Tue, 01 Aug 2006 16:25:37 GMT)
AIM Select Real Estate Income Fund Board of Trustees Declares Distributions for August and September 2006, Board of
HOUSTON----Aug. 1, 2006--The Board of Trustees for AIM Select Real Estate Income Fund , AIM's closed-end real estate fund, has declared distributions to be paid during August and September 2006. (Tue, 01 Aug 2006 20:00:00 GMT)
Virtual Agent Gives Real Estate Professionals an Extra Edge
Marketing tool provides real estate professionals with instant property data (Tue, 01 Aug 2006 21:37:32 GMT)
Other News in Brief: Intercontinental Real Estate Buys Vanguard Centre; Ivy Realty, Urdang Buy $21M Newark Office
Boston-based Intercontinental Real Estate bought Vanguard Centre in Charlotte, N.C., on behalf of Intercontinental Real Estate Investment Fund III from CRT Vanguard Partners. The 13-building, single- and multi-story office complex totals 528,540 square feet of Class A-minus, B and C-plus space. (Wed, 02 Aug 2006 01:06:45 GMT)
Briefing - Asia Real Estate - Aug 2, 2006
An executive briefing on real estate for Aug 2, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. CHINA VANKE TO BUILD MORE AFFORDABLE RESIDENTIAL PROJECTS (Wed, 02 Aug 2006 06:14:00 GMT)
Value of regional real estate projects crosses $1t rillion mark
The total value of real estate projects currently under way in the Middle East region has already crossed the US$1 trillion mark," said Mr. Christopher Hudson, Exhibitions Director of Messe Frankfurt, citing industry statistics. (Wed, 02 Aug 2006 07:12:49 GMT)
3i to invest $40 mln in India real estate fund
MUMBAI, Aug 2 (Reuters) - European private equity and venture capital company, 3i , said on Wednesday it is investing $40 million in an Indian real estate fund promoted by industrialist Ajay Piramal. (Wed, 02 Aug 2006 07:50:49 GMT)
Foreigners, OFWs prop up real estate sector
Real estate in Davao City is at a its best performance this year compared to previous years, this according to brokers. Brokers credit the city's flourishing of the real estate industry to Overseas Filipino Workers (OFWs) and foreigners who marry Filipinas, particulary Dabawenyas. (Wed, 02 Aug 2006 08:28:53 GMT)
Nathan Brodsky, 89, Manhattan real estate magnate
New York - Nathan Brodsky, a Manhattan real estate developer who got his start by rehabilitating small, old buildings in the West Village and later dotted the skyline with sleek residential towers, died Thursday in Manhattan. He was 89. (Wed, 02 Aug 2006 09:01:33 GMT)
(AFX UK Focus) 2006-08-02 10:26 GMT: Singapore GIC Real Estate buys two Munich office buildings for over 300 mln eur
SINGAPORE (XFN-ASIA) - The real estate arm of the Government of Singapore Investment Corporation (GIC) said it has bought two prime office buildings in Munich, Germany for more than 300 mln eur. (Wed, 02 Aug 2006 09:46:07 GMT)
3i to invest $40mn in real estate via IndiaREiT
Private equity investor 3i is planning to invest $40 million (about Rs 180 crore) in the Indian real estate market. The investment would be made through a real estate focussed venture capital fund, IndiaREiT, 3i said in a release issued today. (Wed, 02 Aug 2006 10:25:36 GMT)
GIC Real Estate buys two office properties in Munich for nearly S$600m
GIC Real Estate has acquired two newly-completed prime office properties in Munich for over 300 million euros or almost S$600 million. The real estate investment arm of the Government of Singapore Investment Corporation bought the buildings from US-based property firm Hines. (Wed, 02 Aug 2006 11:06:30 GMT)
WannaNetwork.com Connects Real Estate Professionals with One Another, Potential Clients
LAS VEGAS (PRWEB) August 2, 2006 -- An experienced real estate professional for Realty One Group, Tony Sena knows the challenges and competition agents face when marketing themselves, which is why he created a networking Web site dedicated solely to the real estate profession. (Wed, 02 Aug 2006 12:00:00 GMT)
Arizona Real Estate Foreclosures Reach the Highest Level Since April 2005
Scottsdale, Arizona (PRWEB) August 2, 2006 -- According to Tim Rocho, CEO of the data provider and investment training company Real Estate Fortune (www. (Wed, 02 Aug 2006 12:00:00 GMT)
Real estate loan demand grows at BankAnnapolis
Real estate loan growth hummed along at Annapolis Bancorp in the second quarter, helping the bank grow earnings by 3 percent. (Wed, 02 Aug 2006 14:31:45 GMT)
• Things to Remember when Investing in Real Estate
The changing real estate market always catches our attention. It is hard ignoring it. Until today, many people still go to Florida, Las Vegas and many hot spots to purchase yet-to-be built homes and condominiums, which they immediately flip for a quick profit. (Wed, 02 Aug 2006 15:07:57 GMT)
Real estate exuberance over but gloom hasn’t arrived
Irrational exuberance may now be out of fashion in the residential and commercial real estate markets, but so far gloom hasn’t taken its place. Instead, strength in the overall economy along with Tucson’s continuing advantages are keeping prices up and inventories low. (Wed, 02 Aug 2006 15:45:12 GMT)
Commercial real estate market expected to cool
August 2, 2006 - The recent cooling of Tucson's housing market is leading to a similar slowdown in commercial real estate, some experts say. However, many see that slowdown as less pronounced and shorter in the fast-growing Northwest. (Wed, 02 Aug 2006 15:59:05 GMT)
Foreigners, OFWs prop up real estate sector
Real estate in Davao City is at a its best performance this year compared to previous years, this according to brokers. Brokers credit the city's flourishing of the real estate industry to Overseas Filipino Workers (OFWs) and foreigners who marry Filipinas, particulary Dabawenyas. (Wed, 02 Aug 2006 17:12:45 GMT)
Real estate transactions
Real estate sales transactions filed with the Clark County Assessor from June 16-30. The information includes seller's name, buyer's name, description, price and closing date. (Wed, 02 Aug 2006 17:15:43 GMT)
HLURB lifts halt orders vs. EGI, real estate co.
The Housing and Land Use Regulatory Board (HLURB) 7 has lifted the cease and desist orders (CDOs) against the developer and the real estate firm that has invested in a condominium project in Barangay Pusok, Lapu-Lapu City. (Wed, 02 Aug 2006 17:19:51 GMT)
• Real Estate's Role in the Post-Bubble
Real estate still stays to be an investment category with more emotional baggage than the rest. It also shows that there is a continuing gap between the way investors may understand their personal real estate holdings and their outlook on the public securities market for real estate. (Wed, 02 Aug 2006 17:38:02 GMT)
Inland Real Estate Corporation Announces the Promotion of Beth Sprecher Brooks as General Counsel
OAK BROOK, Ill.----Aug. 2, 2006--Inland Real Estate Corporation announced today the promotion of Beth Sprecher Brooks to vice president and general counsel. (Wed, 02 Aug 2006 22:09:00 GMT)
RioCan Real Estate Investment Trust Announces Second Quarter 2006 Results
RioCan Real Estate Investment Trust (TSX: REI.UN) - (Wed, 02 Aug 2006 23:13:59 GMT)
'Real estate demand stays despite rate hike'
While buying a house will make a deeper hole in the common man's pockets with the hike in home loan rates, analysts do not expect any major impact on the country's booming real estate sector. (Thu, 03 Aug 2006 00:10:06 GMT)
Thespillzone.com(TM) Launches Forecasting Real Estate Site: Forecasts Property Value Over the Next 36 Months for More
Thespillzone.com today announced the launch of its forecasting real estate site, offering free, unbiased predictions on more than 60 million properties. This includes most homes and investment rental dwellings across the United States. Users only need enter an address and answer a few simple questions. (Thu, 03 Aug 2006 00:46:10 GMT)
Regan Massee Elected President of Minnesota Real Estate Exchangers
MREE is a non-profit group of real estate brokers, agents and investors who work with people who own real estate that is used in a trade or business or held for investment purposes (Thu, 03 Aug 2006 02:06:47 GMT)
Briefing - Asia Real Estate - Aug 3, 2006
An executive briefing on real estate for Aug 3, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Thu, 03 Aug 2006 06:12:00 GMT)
Dubai real estate firm to invest an additional Dh200m in Marina project
Dubai property firm, Sheffield Real Estate is investing an additional Dh200 million in the Dh1.4 billion Marian 101 concept tower – the group's flagship real estate venture at Dubai Marina. (Thu, 03 Aug 2006 07:44:16 GMT)
Man convicted in murder plot dies Real estate broker found guilty in 1998 of trying to kill partner
STOCKTON - Frank Raviscioni, the Stockton real estate broker sent to prison for hiring a hit man in a failed plot to kill his partner and take full ownership of a painting he believed was a creation of Vincent van Gogh, will be remembered today by friends and family. (Thu, 03 Aug 2006 08:06:52 GMT)
Real estate agent to be sentenced on fraud charges
Convicted real estate swindler Leonard Fazio today will learn whether he must go to federal prison for fraud tied to the resale of foreclosed houses. (Thu, 03 Aug 2006 09:08:55 GMT)
CB Richard Ellis named number one real estate brand in the world
CB Richard Ellis (CBRE), the world's largest property advisory practice, has been named the number one brand in commercial real estate in a recently conducted survey that included the opinions of 23,000 real estate professionals from around the world. (Thu, 03 Aug 2006 09:59:19 GMT)
Blue Square Real Estate IPO: Assets worth NIS 1.1b
90% of Blue Square Real Estate's revenue comes from supermarket chain Blue Square. (Thu, 03 Aug 2006 10:36:23 GMT)
Rising Home Foreclosure Listings Create New Opportunities for Real Estate Investment
Dallas, TX (PRWEB) August 3, 2006 -- Rising foreclosure rates have significantly altered the real estate market landscape, creating new investment opportunities daily. (Thu, 03 Aug 2006 12:00:00 GMT)
Be a Real Estate Tycoon
So you want to make some money? Consider real estate. After all, as the saying goes, they're not making more land. (Thu, 03 Aug 2006 14:08:59 GMT)
Real estate exuberance over but gloom hasn’t arrived
Irrational exuberance may now be out of fashion in the residential and commercial real estate markets, but so far gloom hasn’t taken its place. Instead, strength in the overall economy along with Tucson’s continuing advantages are keeping prices up and inventories low. (Thu, 03 Aug 2006 16:00:12 GMT)
Foreigners, OFWs prop up real estate sector
Real estate in Davao City is at a its best performance this year compared to previous years, this according to brokers. Brokers credit the city's flourishing of the real estate industry to Overseas Filipino Workers (OFWs) and foreigners who marry Filipinas, particulary Dabawenyas. (Thu, 03 Aug 2006 17:29:24 GMT)
Legacy Hotels Real Estate Investment Trust Reports Significantly Improved Second Quarter Results
Legacy Hotels Real Estate Investment Trust ('Legacy') (TSX: LGY.UN) today announced its unaudited financial results for the three and six months ended June 30, 2006. All amounts are in Canadian dollars unless otherwise indicated. (Thu, 03 Aug 2006 17:45:11 GMT)
Lawyer leaving firm for real-estate investment fund
Leonard Klehr, founding partner of Philadelphia law firm Klehr Harrison Harvey Branzburg & Ellers, will step down from the firm's partnership to join longtime client Lubert-Adler Real Estate Funds as vice chairman and partner, Klehr Harrison said Thursday. (Thu, 03 Aug 2006 17:49:24 GMT)
UP don enters Mumbai real estate business
After dealing with local mafia, Mumbai police now have evidence that mafia dons from UP are also investing in Mumbai real estate. Their investments are in the satellite towns of Vasai, Virar and Nalla Sopara, which have a high concentration of migrants from Uttar Pradesh. (Thu, 03 Aug 2006 18:03:44 GMT)
LNR Property Corp. And Hopkins Real Estate Group Receive Green Light for Largest Shopping Center Development Site in
LNR Property Corp. (LNR) and Hopkins Real Estate Group (HREG), developers of the 168-acre site currently referred to as the Carson Marketplace, have received unanimous approval on the Owner's Participation Agreement (OPA) from the city of Carson's Redevelopment Agency. (Thu, 03 Aug 2006 18:34:46 GMT)
Real estate worth to soar on retail growth
The country's real estate worth may touch $366 bn by 2010. (Thu, 03 Aug 2006 18:44:26 GMT)
Real-estate office staffers help catch theft suspects
Quick thinking and bold moves by Re/Max Signature Properties employees thwarted a suspected rash of thefts from real estate offices statewide. (Thu, 03 Aug 2006 19:12:56 GMT)
Perry County Real Estate Tax Bills Total $12.1 Million
Over $12.1 million in real estate taxes have been billed to Perry County taxpayers this year. While property owners will see relief in some areas, many are receiving higher tax bills this week. (Thu, 03 Aug 2006 20:34:16 GMT)
ERA Real Estate Expands Online Presence for Its Listings
National real estate network makes listings more 'discoverable' and 'searchable' online with Google Base (Thu, 03 Aug 2006 20:51:08 GMT)
Retirement Residences Real Estate Investment Trust to Release Second Quarter Results on August 10, 2006
Retirement Residences Real Estate Investment Trust ('Retirement REIT') (TSX: RRR.UN)(TSX: RRR.DB.B)(TSX: RRR.DB.C) will be announcing its 2006 second quarter results on Thursday, August 10, 2006. The results will be released before the financial markets open, followed by a live audio webcast/teleconference call with analysts, investors and media. Retirement REIT's management team will discuss the (Fri, 04 Aug 2006 01:46:07 GMT)
TODAY'S REAL ESTATE by Janice Mitchell of Janice Mitchell Real Estate, Inc.
TODAY'S REAL ESTATE by Janice Mitchell of Janice Mitchell Real Estate, Inc. EQUAL HOUSING OPPORTUNITY Notary Public LAND VALUES SLIPPING The seller’s market that landowners have been enjoying for several years is cooling off, primarily due to rising home building costs. (Fri, 04 Aug 2006 02:31:59 GMT)
Scott Rechler, Reckson's CEO & Marathon Asset Management in Real Estate Buyout
The executive management team of RecksonAssociates, led by Scott Rechler and Marathon Asset Management announcedthey have agreed to acquire a real estate portfolio valued in excess of $2billion from SL Green Realty Corp. (Fri, 04 Aug 2006 02:44:10 GMT)
Des Moines real estate agent gets two years for fraud
DES MOINES, Iowa - A Des Moines real estate agent was sentenced to two years in prison Thursday for improperly padding his commission from a mortgage company. (Fri, 04 Aug 2006 03:51:37 GMT)
Des Moines Real Estate Agent Gets Two Years for Fraud
Des Moines, August 3, 2006 (AP) - A Des Moines real estate agent gets two years in prison for improperly padding his commission from a mortgage company. (Fri, 04 Aug 2006 04:14:58 GMT)
Des Moines real estate agent gets two years for fraud
DES MOINES, Iowa A Des Moines real estate agent gets two years in prison for improperly padding his commission from a mortgage company. (Fri, 04 Aug 2006 04:16:08 GMT)
Briefing - Asia Real Estate - Aug 4, 2006
An executive briefing on real estate for Aug 4, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Fri, 04 Aug 2006 05:58:00 GMT)
BRIEFING - ASIA REAL ESTATE - AUG 4, 2006
Beijing's recent measures to cool down its overheated property market will help it build a healthy real-estate sector in the long term, according to an industry expert. (Fri, 04 Aug 2006 06:27:04 GMT)
Don't be chicken about the real estate market
If you follow the real estate news, sooner or later you have to ask yourself, ''How many times can the sky fall in a given day?'' (Fri, 04 Aug 2006 07:31:27 GMT)
Real estate agent gets two years for fraud
Real estate mogul Leonard Fazio was sentenced to two years in prison in federal court on one count of mail fraud and two counts of wire fraud for... (Fri, 04 Aug 2006 09:07:34 GMT)
Des Moines real estate agent gets two years for fraud
DES MOINES (AP) --- A Des Moines real estate agent was sentenced to two years in prison Thursday for improperly padding his commission from a mortgage company. (Fri, 04 Aug 2006 09:32:04 GMT)
Real estate market peaked, expert says
A real estate bubble that doesn’t exist can’t burst, Paul Brewbaker, the Bank of Hawai i’s chief economist, said at the Kaua i Board of Realtors’ Summer General Membership Meeting at the Kauai Marriott hotel yesterday morning. (Fri, 04 Aug 2006 10:18:37 GMT)
Myrtle Beach Real Estate; New Myrtle Beach Condo Sales Division Launched by The Hoffman Group
A new Myrtle Beach condo sales division has been launched by The Hoffman Group for people in the market for Myrtle Beach real estate. MBCondoSales.com is destined to become the premier specialist for existing oceanfront condominium sales opportunities. (Fri, 04 Aug 2006 11:45:39 GMT)
Real estate exuberance over but gloom hasn’t arrived
Irrational exuberance may now be out of fashion in the residential and commercial real estate markets, but so far gloom hasn’t taken its place. Instead, strength in the overall economy along with Tucson’s continuing advantages are keeping prices up and inventories low. (Fri, 04 Aug 2006 16:15:12 GMT)
Two Albany real estate firms merge
GD Michelson Real Estate in Albany, N.Y., has merged with the larger Albany Realty Group LLC, the principals announced Friday. (Fri, 04 Aug 2006 16:31:37 GMT)
Real estate transactions
Residential real estate transactions over $200,000 filed with the Clark County Assessor from May 16-31. The information includes seller's name, buyer's name, property location, description, price and closing date. Listed below are some of the 1,012 transactions recorded in May. (Fri, 04 Aug 2006 17:26:52 GMT)
Foreigners, OFWs prop up real estate sector
Real estate in Davao City is at a its best performance this year compared to previous years, this according to brokers. Brokers credit the city's flourishing of the real estate industry to Overseas Filipino Workers (OFWs) and foreigners who marry Filipinas, particulary Dabawenyas. (Fri, 04 Aug 2006 17:28:35 GMT)
Woman once convicted of stealing from her grandma in Hillsboro has her real estate license revoked
A real estate agent from The Dalles, once convicted of stealing money from her grandmother in Hillsboro, had her license revoked by the Oregon Real Estate Agency in May. (Fri, 04 Aug 2006 18:45:52 GMT)
Investor Survey: In With Energy, Out With Real Estate
Nearly 100% of investors plan to move assets into energy, while 64% say the real estate bubble has finally popped. (Fri, 04 Aug 2006 19:28:10 GMT)
Canadian Real Estate Investment Trust Announces Second Quarter 2006 Results
Canadian Real Estate Investment Trust ('CREIT') (TSX: REF.UN) today announced results for the three- and six-month periods ended June 30, 2006. (Fri, 04 Aug 2006 20:04:44 GMT)
Locally based real estate firm signs on tenant for Houston property
Houston-based National Oilwell Varco LP recently signed a 10-year lease for approximately 200,000 square feet of space in a Houston office property. The building, which is located at 7909 Parkwood Circle, is owned by US Real Estate LP -- an affiliate of San Antonio-based USAA Real Estate Co. (Fri, 04 Aug 2006 20:13:38 GMT)
Perry County Real Estate Tax Bills Total $12.1 Million
Over $12.1 million in real estate taxes have been billed to Perry County taxpayers this year. While property owners will see relief in some areas, many are receiving higher tax bills this week. (Fri, 04 Aug 2006 20:21:17 GMT)
Canadian Real Estate Investment Trust Announces Second Quarter 2006 Results
Canadian Real Estate Investment Trust ('CREIT') (TSX: REF.UN) today announced results for the three- and six-month periods ended June 30, 2006. (Fri, 04 Aug 2006 20:44:09 GMT)
Real Estate Weekly -- Aug. 4
Some old houses are charmers. Some should just be chopped up. But deciding whether a house has what it takes to become a modern classic or is better off plowed under can be one of the most difficult questions in real estate. (Fri, 04 Aug 2006 21:01:37 GMT)
Des Moines Real Estate Agent Gets Two Years for Fraud
Des Moines, August 3, 2006 (AP) - A Des Moines real estate agent gets two years in prison for improperly padding his commission from a mortgage company. (Fri, 04 Aug 2006 23:32:11 GMT)
NAREE Offers $5,000 Fellowship to Real Estate Journalists
Grants are available to mid-career journalists to enhance their ability to cover real estate, and residential or commercial building topics (Sat, 05 Aug 2006 00:51:49 GMT)
Real Estate People & Places: 8/5/06
Century 21 Town and Country Real Estate Services has hired new sales associates for its Adams office. (Sat, 05 Aug 2006 04:14:02 GMT)
REAL ESTATE PEOPLE: Bebber earns certification
Jackson C. Bebber, an Asheville member of Coldwell Banker Kasey & Associates, earned the certified real estate brokerage manager designation presented by the Council of Real Estate Brokerage Managers. (Sat, 05 Aug 2006 04:28:35 GMT)
Real Estate Transfers
Real Estate Transfers The following property transactions, those most recently released to the Centre Daily Times, were recorded from July 10, 2006, through July 14, 2006, in the office of the Centre County Recorder of Deeds. (Sat, 05 Aug 2006 07:04:05 GMT)
Real estate board adds commercial manager
Its commercial division is so strong the Winnipeg Real Estate Board has hired its first full-time manager. Crystal Gloor, who managed a local commercial real estate office while holding a real estate licence, has hit the ground running. (Sat, 05 Aug 2006 08:16:42 GMT)
Real Estate People
JAY HICKMAN was top listing agent, tops sales agent, had the most listings closed and was overall top producer for Elliott and Company Realtors/GMAC for the month of June. COLDWELL BANKER RESIDENTIAL REAL ESTATE announces its June leaders for the Winter Haven office were Jerry Williams for listings and Irene Bryan for sales. (Sat, 05 Aug 2006 10:07:31 GMT)
Des Moines real estate agent gets two years for fraud
DES MOINES (AP) --- A Des Moines real estate agent was sentenced to two years in prison Thursday for improperly padding his commission from a mortgage company. (Sat, 05 Aug 2006 10:29:53 GMT)
Four arrested in thefts at offices: Four arrested for thefts at real estate, doctors' offices
Police have arrested four individuals believed responsible for thefts commited at real estate and doctors' offices throughout central and northern New Jersey. (Sat, 05 Aug 2006 11:28:01 GMT)
Make your real estate investment more successful
For years we have been hearing the real estate mantra of "location, location, location," but is that really what drives the success of an investment? I agree with the pundits that you can charge more rent at a better location and potentially have more return. (Sat, 05 Aug 2006 14:51:06 GMT)
Value of regional real estate projects crosses $1t rillion mark
The total value of real estate projects currently under way in the Middle East region has already crossed the US$1 trillion mark," said Mr. Christopher Hudson, Exhibitions Director of Messe Frankfurt, citing industry statistics. (Sat, 05 Aug 2006 15:29:03 GMT)
SC rules on real estate issue in decision written by Justice Puno
The Supreme Court (SC) has reminded real estate property buyers to register their deeds of sale with assumption of mortgage with the office of the register of deeds to bind third-party claimants. (Sat, 05 Aug 2006 16:48:43 GMT)
Foreigners, OFWs prop up real estate sector
Real estate in Davao City is at a its best performance this year compared to previous years, this according to brokers. Brokers credit the city's flourishing of the real estate industry to Overseas Filipino Workers (OFWs) and foreigners who marry Filipinas, particulary Dabawenyas. (Sat, 05 Aug 2006 17:26:45 GMT)
Real Estate 984-1531 808 Hwy. 259 North FAMILYDEN, FORMALDINING, living room
Real Estate 984-1531 808 Hwy. 259 North FAMILYDEN, FORMALDINING, living room for this neat 2 bedroom home on a fenced corner lot. (Sat, 05 Aug 2006 19:42:30 GMT)
What Road to Take When Real Estate Is Not a Sure Bet
Many investors are understandably worried now that the residential real estate market has turned decidedly cold. The question is, should they be? (Sat, 05 Aug 2006 23:12:13 GMT)
Family business: Many real estate agents like to keep everything relative when it comes to selling homes
Real estate agent Mary Olivo Hall has a cell phone that rings off the hook. More accurately put, it sings off the hook. (Sun, 06 Aug 2006 00:12:53 GMT)
Whose side are the commissions on? Study finds agents, brokers dominate real estate regulatory boards
When it comes to protecting home buyers and sellers, are the foxes guarding the henhouse? Yes, according to the Consumer Federation of America. A new CFA study finds that real estate agents and brokers... (Sun, 06 Aug 2006 04:30:37 GMT)
REAL ESTATE TRANSACTIONS
Real estate transactions recorded at the Manatee County Courthouse: (Sun, 06 Aug 2006 07:10:55 GMT)
Foreigners, OFWs prop up real estate sector
Real estate in Davao City is at a its best performance this year compared to previous years, this according to brokers. Brokers credit the city's flourishing of the real estate industry to Overseas Filipino Workers (OFWs) and foreigners who marry Filipinas, particulary Dabawenyas. (Sun, 06 Aug 2006 17:14:51 GMT)
Real Estate Transactions
Commercial real estate transactions filed with the Clark County Assessor from June 16-30. The information includes seller's name, buyer's name, property location, description, price and closing date. (Sun, 06 Aug 2006 18:10:48 GMT)
Kolkata Port Trust to revalue real estate
Kolkata Port Trust (KoPT) would soon appoint a global consultant for revaluation of its land in Kolkata, Haldia and other areas. KoPT chairman A K Chanda said KoPT has already decided to revalue its land assets to boost its income from real estate. (Sun, 06 Aug 2006 18:41:25 GMT)
Real estate trusts may get MFs-like tax benefits
NEW DELHI: The government may consider extending tax benefits to Real Estate Investment Trusts (REIT) on the lines of mutual funds, once the regulatory mechanism and operational guidelines for REIT are formalised. (Sun, 06 Aug 2006 21:00:26 GMT)
China's Vanke takes over rival Narada Real Estate
SHANGHAI, Aug 7 (Reuters) - China Vanke Co. Ltd. , the country's biggest listed property developer, said on Monday it had bought 60 percent of smaller rival Narada Real Estate Co. for 1.77 billion yuan ($221 million). (Mon, 07 Aug 2006 01:05:35 GMT)
Real estate, business groups to fight tax hike
Colleagues and competitors in the Wichita commercial and residential real estate industry came together for a special meeting this week called by the Kansas chapter of the Certified Commercial Investment Member. (Mon, 07 Aug 2006 04:37:43 GMT)
Faulkner Healthcare adds to real estate portfolio
Newly formed Faulkner Healthcare Real Estate is adding to its portfolio of medical office space with the purchase of a 15,600-square-foot building in Stony Brook. (Mon, 07 Aug 2006 04:37:53 GMT)
German Stocks Decline, Led by Hypo Real Estate and Continental
Aug. 7 (Bloomberg) -- German stocks slipped as Hypo Real Estate Holding AG, Continental AG and Commerzbank AG fell. The benchmark DAX Index lost 78.46, or 1.4 percent, to 5644.57 as of 9:04 a.m. in Frankfurt. The HDAX Index of the country's 110 biggest companies dropped 1.3 percent. (Mon, 07 Aug 2006 07:33:22 GMT)
Briefing - Asia Real Estate - Aug 7, 2006
An executive briefing on real estate for Aug 7, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. FRESH LEASE OF LIFE FOR SMART CITY PROJECT IN KOCHI, INDIA (Mon, 07 Aug 2006 07:38:00 GMT)
Golfers Buy New Combination of Vacation Home and Real Estate Investment Property
What happens when you combine a golf vacation home with a luxury resort hotel, a condominium, and a real estate investment property in a sunny, tropical location like Miami, Florida or Fort Lauderdale, Florida where you can golf all year long? You get a Resort Hotel Condominium. What is a Resort Hotel Condominium? (PRWEB Aug 7, 2006) Trackback URI: (Mon, 07 Aug 2006 07:45:29 GMT)
New Free and Educational Web Site for Women Teaches How to Wisely Invest in Real Estate -- in Any Income Bracket -- and
RealEstateInvestmentTv.com educates women nationwide -- free of charge -- on the topic of increasing their net worth through real estate including how to traverse loans, mortgage brokers, buying commercial properties, attorney reviews, contingencies, home inspections, real estate finance, real estate agents, marketing, residential listings, foreclosures, and much more. It’s the only online (Mon, 07 Aug 2006 07:45:50 GMT)
The R&I report cited Kenedix's prudence in a Japanese real estate market that has been expanding steadily against
Tokyo, Japan, Aug 7, 2006 - (JCN Newswire) - Kenedix, Inc. (TSE: 4321), a Tokyo-based provider of a broad range of real estate and financial services, has announced that on July 31st it received a newly assigned credit rating from Rating and Investment Information, Inc. (R&I) of BBB, with a stable outlook. (Mon, 07 Aug 2006 08:06:18 GMT)
Real estate investing requires a lot of time, research
Ibecame intrigued with real estate when I was a law student living in Cleveland Heights. I started thinking about all the rent I was paying. And I knew how much the people downstairs paid. It looked like an easy way to accumulate wealth. (Mon, 07 Aug 2006 08:42:26 GMT)
Slim pickings for real estate vultures
As signs mount of a slowing real estate market, the "vultures" are beginning circle. But home prices may still have to fall further to create the bargains they crave. (Mon, 07 Aug 2006 15:48:49 GMT)
Commercial real estate market expected to cool
August 2, 2006 - The recent cooling of Tucson's housing market is leading to a similar slowdown in commercial real estate, some experts say. However, many see that slowdown as less pronounced and shorter in the fast-growing Northwest. (Mon, 07 Aug 2006 16:59:07 GMT)
Foreigners, OFWs prop up real estate sector
Real estate in Davao City is at a its best performance this year compared to previous years, this according to brokers. Brokers credit the city's flourishing of the real estate industry to Overseas Filipino Workers (OFWs) and foreigners who marry Filipinas, particulary Dabawenyas. (Mon, 07 Aug 2006 17:27:55 GMT)
Emigrant Realty Finance Closes $1 Billion of Real Estate Loan Transactions in First Nine Months of Operation
LOS ANGELES----Aug. 7, 2006--Emigrant Realty Finance, the west coast real estate operation and wholly owned subsidiary of New York's Emigrant Bank, has quickly established itself in today's active real estate finance market closing more than $1 billion of loan transactions in its first nine months. (Mon, 07 Aug 2006 18:20:00 GMT)
Real estate agent charged with stealing from clients
FRANKLIN - A local real estate agent has been arrested for allegedly stealing items out of a home he was trying to sell. Geddes “G.P.” Bootwright, 36, of Franklin, has been charged with theft over $500. Bootwright, an agent with Crye-Leike Realtors, was released from jail after posting $2,500 bail. (Mon, 07 Aug 2006 18:44:14 GMT)
• Not Much Food for Manhattan Real Estate Vultures
The vultures of real estate are beginning to roam around as signs mount of a slowing real estate market. However, home prices need to fall further so that they can enjoy the bargains they crave. (Mon, 07 Aug 2006 19:07:58 GMT)
Alexandria Real Estate Equities, Inc. Reports Second Quarter 2006 Results
Alexandria Real Estate Equities, Inc. today announced operating and financial results for the second quarter 2006. (Mon, 07 Aug 2006 20:15:00 GMT)
Snell Real Estate Approved as Broker by GE and Silvergate
LOS CABOS, Mexico----Aug. 7, 2006--Snell Real Estate announced today that it has been accepted as a registered mortgage broker by WMC Mortgage Corp., a division of the General Electric Co. , and Silvergate Bank, helping to make the Los Cabos area more accessible as a luxury vacation home destination. (Mon, 07 Aug 2006 20:18:00 GMT)
Alexandria Real Estate Equities income up in 2Q
Alexandria Real Estate Equities income and revenue was up in the second quarter, the company said Monday. (Mon, 07 Aug 2006 21:03:13 GMT)
Emigrant Realty Finance Closes $1 Billion of Real Estate Loan Transactions in Nine Months
Transactions span from participations in senior secured and unsecured syndicated loans to direct bridge loans to companies ranging from public REITs, to public and private homebuilders, to opportunity funds and real estate developers (Mon, 07 Aug 2006 22:37:20 GMT)
Management Services Company Forms Alliance With Global Real Estate Investment Advisor
AUGUST 07, 2006 -- Irving, Texas -- JPI Management Services and Accounting Services announced today that the company will be the new preferred multifamily property manager for RREEF Asset Management Group, a global real estate investment advisor. (Mon, 07 Aug 2006 23:05:01 GMT)
Accused Crooked Real Estate Agent Booked
Investigators have booked the real estate agent accused of stealing items out of a client's home. Police say that 36-year-old Geddes Bootwright set up a showing in the Laurelbrooke subdivision in Williamson County. The owners told detectives they say him acting suspiciously when they drove by, and never saw anyone else at the house. The owners say that they found items missing from their (Tue, 08 Aug 2006 03:53:49 GMT)
Briefing - Asia Real Estate - Aug 8, 2006
An executive briefing on real estate for Aug 8, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Tue, 08 Aug 2006 05:30:00 GMT)
Evelyn Zanner, 1917-2006: Mercer Island real estate pioneer
Evelyn Zanner, a real estate pioneer on Mercer Island who found many ways to help others, has died at the age of 89. (Tue, 08 Aug 2006 05:53:32 GMT)
Real estate commission head named
The former longtime owner of Century 21 Candid Realty has been appointed executive director of the New Jersey Real Estate Commission by Gov. Jon S. Corzine. (Tue, 08 Aug 2006 07:18:07 GMT)
N.D. farm real estate value up for seventh straight year
The value of farm real estate has increased for the seventh consecutive year in North Dakota, the Agriculture Department says. This year's average value of $560 per acre is a jump of nearly 11 percent from last year and 23 percent higher than 2004. (Tue, 08 Aug 2006 07:20:19 GMT)
OUTLOOK Hypo Real Estate Q2 higher, driven by strong net interest income
The commercial real estate bank is expected to post a second-quarter pretax profit of 131-146 mln eur, with a mean of 138 mln, up 22 pct from a year earlier. Net interest income is seen increasing around 18 pct to 195 mln eur, according to twelve analysts polled by AFX news. (Tue, 08 Aug 2006 10:19:57 GMT)
Construction, Property & Real Estate
The Turkish real estate market, increasingly growing following the economic and political stability maintained in 2005, greatly benefited from the worldwide growth of the real estate market. (Tue, 08 Aug 2006 10:21:29 GMT)
Sector movers: Real Estate rallies, Beverages slips
Real Estate was sent higher on strong demand for property issues, with Hammerson, Liberty International, British Land and Slough Estates all riding high. (Tue, 08 Aug 2006 11:20:08 GMT)
Is the Phoenix Real Estate Bubble About to Burst, Finally
Phoenix, AZ (PRWEB) August 8, 2006 – The Phoenix real estate market has been very hot for several years. (Tue, 08 Aug 2006 12:00:00 GMT)
FTSE 100 movers: Real estate dominates, BP on slide
Real estate stocks dominate the blue chip risers today, with Slough Estates, British Land and Liberty international notching up decent gains on upbeat house price data and breakup hopes post REIT. (Tue, 08 Aug 2006 12:15:09 GMT)
ND Farmland Real Estate Up Again
The value of farmland real estate has increased for the seventh consecutive year in North Dakota. The Agriculture Department says farmland real estate is valued at $560 per acre -- a jump of nearly 11% from last year and 23% higher than 2004. (Tue, 08 Aug 2006 14:11:48 GMT)
Alexandria Real Estate Equities "outperform"
NEW YORK, August 8 (newratings.com) - Analysts at Ryan Beck & Co maintain their "outperform" rating on Alexandria Real Estate Equities ( ARE.NYS ). The target price is set to $102. (Tue, 08 Aug 2006 14:32:37 GMT)
ESPS Terminates EUR1.48B F&C Real Estate Brief
The EUR27 billion Electricity Supply Pension Scheme has terminated its GBP1 billion real estate mandate with F&C Asset Management , reports Investment & Pensions Europe . The disclosure came as F&C unveiled a pre-tax loss of GBP21 million for the first half, compared to a GBP2.8 million loss in the prior-year period. (Tue, 08 Aug 2006 16:11:01 GMT)
Gatchalian-led real estate co. considers Cebu for next proj.
The real-estate arm of the Gatchalian group of companies plans to develop four more properties in Cebu within the next five years. (Tue, 08 Aug 2006 17:10:57 GMT)
Foreigners, OFWs prop up real estate sector
Real estate in Davao City is at a its best performance this year compared to previous years, this according to brokers. Brokers credit the city's flourishing of the real estate industry to Overseas Filipino Workers (OFWs) and foreigners who marry Filipinas, particulary Dabawenyas. (Tue, 08 Aug 2006 17:15:48 GMT)
Homebuyers and Sellers Find Real Estate Agents on MyHomeLink.com
According to the 2005 NAR(R) Profile of Homebuyers and Sellers, sellers experience a variety of difficulties when selling a home on their own. The most difficult tasks they encounter are: getting a desirable price, understanding paperwork, preparing their home for sale, attracting buyers, and having enough time to devote to all aspects of the sale. Utilizing an experienced real estate agent can (Tue, 08 Aug 2006 17:36:24 GMT)
Perry County Real Estate Tax Bills Total $12.1 Million
Over $12.1 million in real estate taxes have been billed to Perry County taxpayers this year. While property owners will see relief in some areas, many are receiving higher tax bills this week. (Tue, 08 Aug 2006 20:06:16 GMT)
Mayor: City not in real estate business 08/09/06
Despite purchasing several pieces of land located near the Ecorse Creek recently, Mayor Dan Paletko insists that the city hasn't entered the real estate business. (Tue, 08 Aug 2006 22:47:16 GMT)
Real Estate Firm Makes Student Housing Transaction, Acquires Largest Portfolio at Purdue University
AUGUST 08, 2006 -- Chicago – Prime Property Investors, Ltd., a real estate investment firm, announced Tuesday its acquisition of seven student-housing buildings on Purdue University’s campus. (Tue, 08 Aug 2006 23:09:30 GMT)
Sizeler Property Investors Signs on to Sell Outstanding Shares to Canadian Real Estate Firm
New Orleans-based retail and apartment property REIT Sizeler Property Investors has entered into a letter of intent with Revenue Properties Co., paving the way for the Canadian real estate company to acquire all of Sizeler's outstanding shares of common stock at the cash rate of $15.10 per share. (Tue, 08 Aug 2006 23:11:52 GMT)
Former real estate agent to plead guilty
CEDAR RAPIDS, IA - Cedar Rapids real estate agent Harriette Cooper is scheduled to plead guilty tomorrow in federal court in Cedar Rapids to a charge of structuring a financial transaction to avoid reporting cash to the IRS. (Tue, 08 Aug 2006 23:17:43 GMT)
Buyer Beware: The Ins And Outs Of Probate Real Estate
One real estate company is in town offering free seminars on finding real estate bargains where the owner has died and the beneficiaries want to sell, but is it a good deal? (Wed, 09 Aug 2006 00:50:15 GMT)
MGM creates real estate company
MGM Mirage has created a real estate company to sell its Project CityCenter. The CityCenter Realty Corporation will sell the project's 2,800 luxury residences and, says the gaming giant, will enable buyers to purchase direct from the developer. (Wed, 09 Aug 2006 01:37:12 GMT)
OUTLOOK Hypo Real Estate Q2 higher, driven by strong net interest income
The commercial real estate bank is expected to post a second-quarter pretax profit of 131-146 mln eur, with a mean of 138 mln, up 22 pct from a year earlier. Net interest income is seen increasing around 18 pct to 195 mln eur, according to twelve analysts polled by AFX news. (Wed, 09 Aug 2006 04:19:57 GMT)
Briefing - Asia Real Estate - Aug 9, 2006
An executive briefing on real estate for Aug 9, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Wed, 09 Aug 2006 05:43:00 GMT)
Briefing - ASIA REAL ESTATE - Aug 9, 2006
A business leader said the decline in the key interest rate by 50 basis points to 11.75 per cent on Tuesday was not significant enough to spur growth in the real estate sector as rates are still too high. (Wed, 09 Aug 2006 06:01:25 GMT)
Hypo Real Estate Profit Rises 23% on Interest Income (Update2)
Aug. 9 (Bloomberg) -- Hypo Real Estate Holding AG, a German commercial property lender, said second-quarter profit rose 23 percent as it made more money from lending. (Wed, 09 Aug 2006 06:48:22 GMT)
Hypo Real Estate verbucht Ergebnisplus, bestätigt Jahresprognosen
MünchenMünchen (aktiencheck.de AG) - Die Hypo Real Estate Holding AG (ISIN DE0008027707/ WKN 802770) konnte im ersten Halbjahr einen Ergebnisanstieg vorweisen und hat die Prognosen für das laufende Fiskaljahr bestätigt. (Wed, 09 Aug 2006 07:37:15 GMT)
Real estate, energy prices curb the Fed
The Federal Reserve Board left a key interest rate unchanged Tuesday and said higher energy prices and a cooling real estate market are enough to slow the economy and keep a lid on inflation. (Wed, 09 Aug 2006 08:17:00 GMT)
REAL ESTATE TRANSFERS - Community Journal Clermont
Clermont County real estate transfer information is provided as a public service by the office of Clermont County Auditor Linda L. Fraley. Some listings may not include complete information. (Wed, 09 Aug 2006 09:17:02 GMT)
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