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Real Estate News Sep 2006

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Mideast funds chase New York US real estate
01 September 2006 Middle East property investors are believed to be looking at investing $5 billion in a prime real estate site on Lower Manhattan in New York. (Fri, 01 Sep 2006 07:03:38 GMT)

Forget the Real Estate Boom, Virtual Real Estate is Where the Money Is
The Virtual Real Estate (VRE) trend is on the rise and more and more people are getting involved every day. Global Media Development, Inc. has released Adsense Real Estate. (PRWEB Sep 1, 2006) (Fri, 01 Sep 2006 07:05:28 GMT)

Yahoo revamps its Yahoo Real Estate
The Sunnyvale-based online giant has revamped its Yahoo Real Estate Website. The reconstruction process has integrated a set of new features in the online service, aiming for a more comprehensive and attractive solution. Yahoo Real Estate's face lift and under the hood tune-ups were catalyzed by the Website's drop in consumers' preferences as illustrated by a survey performed by Hitwise. In this (Fri, 01 Sep 2006 07:46:16 GMT)

Business: Real estate listings to remain public
CONCORD – Following an investigation by the Federal Trade Commission, the Northern New England Real Estate Network has agreed to keep its "exclusive agency" listings on the consumer-viewed pages of its Web site. ... - By KAREN SPILLER Telegraph Staff (Fri, 01 Sep 2006 08:09:08 GMT)

REAL ESTATE FOR RENT
FILOTHEI, modern lux house, 500 sq.m., with elevator, 4 bedrooms, 3 bathrooms, maid's, swimming pool, garden, garage, view. HELEN'S REAL ESTATE, 210.77.90.783, 6932.439.170, helens@hol.gr. (Fri, 01 Sep 2006 10:23:07 GMT)

ING offers $3 billion for Canadian real estate trust
Dutch banking and insurance company ING Groep NV is offering nearly $2 billion in cash and will assume about $1 billion worth of debt for Canada’s Summit Real Estate Investment Trust, the companies said yesterday. (Fri, 01 Sep 2006 11:21:44 GMT)

Sunrise Real Estate Group, Inc. Signs Five New Contracts
Sunrise Real Estate Group, Inc. announced that its agency sales subsidiaries have signed agency sales contracts with five new development projects during the last three months. (Fri, 01 Sep 2006 12:00:00 GMT)

A New Program Emerges in a Sea of “Get Rich Quick Schemes” That Promises to Change the Way People Look at Real Estate
Ewing, NJ (PRWEB) September 1, 2006 -- Realistic Flipping helps people navigate the home flipping process with a book and through direct contact with the authors. Realistic Flipping is for the person who has been turned off by the “get rich quick schemes” on late night TV but wants to know how to flip real estate in a realistic way. (Fri, 01 Sep 2006 12:00:00 GMT)

Telstra pays $254M for Chinese real-estate Web site
( InfoWorld ) - Telstra Corp. paid $254 million for a controlling stake in SouFun Holdings Limited, which runs one of China's largest real-estate and home improvement Web sites, the company said Thursday. Telstra, Australia's largest telecommunications company, now owns a 51 percent stake in SouFun, and plans to use the acquisition to beef up its advertising business in China. SouFun (Fri, 01 Sep 2006 12:51:27 GMT)

Real estate worries cooling
As the real estate market declines, so does the number of jobs related to the industry. Thus far layoffs among homebuilders have been minimal, and real estate agents say their numbers are still strong. (Fri, 01 Sep 2006 13:48:36 GMT)

USAA Real Estate sells off Four Seasons Resort to L.A. firm
USAA Real Estate Co. has sold off The Four Seasons Resort and Club at Las Colinas for an undisclosed price. (Fri, 01 Sep 2006 14:50:42 GMT)

“Short Sales” shows Signs of Stress in Real Estate Market
Housing headlines dominates the news these days. Spectacular price and sales of lots had given way to a falling real estate business. There had been records of unsold homes, a plunge in housing affordability and flattening out of prices on a nationwide basis. (Fri, 01 Sep 2006 14:53:16 GMT)

Broker charged in real estate mortgage
A federal grand jury indicted a Turlock man on 122 counts connected to a scheme to cheat homeowners out of millions. The indictment claims Tony J. Daniloo, 32, secretly embezzled about $7 million from real-estate clients in the East Bay and Central Valley. (Fri, 01 Sep 2006 16:08:21 GMT)

• Canadian Real Estate Trust is offered $3 billion by ING
AMSTERDAM, NETHERLANDS -- $2 billion in cash was nearly offered to Canada’s Summit Real Estate. Dutch banking and insurance company ING Groep NV will also assume aboutj $ 1 billion worth of debt for the said real estate. The deal is worth $3.4 billion. (Fri, 01 Sep 2006 16:22:57 GMT)

India's leading real estate developer DLF withdraws IPO application
DLF, India's leading real estate developer, has withdrawn its application for an initial public offering in Mumbai citing changes in its business and the need to update financial information since filing its prospectus with regulators in May. (Fri, 01 Sep 2006 17:08:24 GMT)

Residential real estate transactions
Residential real estate transactions over $200,000 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. Listed below are some of the 1,034 homes sold in June. (Fri, 01 Sep 2006 17:10:15 GMT)

Survey measures region's biotech real estate perceptions
In the first Bay Area Biotechnology Real Estate Survey in 2005, Silicon Valley ranked third to the Peninsula and East Bay as an ideal location for biotechnology and pharmaceutical companies. (Fri, 01 Sep 2006 20:59:31 GMT)

Real Estate Briefcase
The Real Estate Council of San Antonio will present the Texas Real Estate Commission legal update Sept 20. Members will receive three hours of mandatory continuing education credit. (Fri, 01 Sep 2006 21:30:34 GMT)

In Real Estate, Mind over Market Momentum?
The possibility that the U.S. housing market has overheated -- and is due to explode -- has been the subject of much speculation. Robert Siegel talks with William Wheaton, professor of economics and former director of the Center for Real Estate at MIT, about the role of psychology in the current slide. (Fri, 01 Sep 2006 22:18:06 GMT)

Find a new home at Yahoo! Real Estate
Yahoo!'s redesigned their Real Estate section, where you can look up home prices by location. Browse and search for your second (or first!) home purchase by specifying a zip code, and optionally... (Fri, 01 Sep 2006 22:21:50 GMT)

How to Hire a Real Estate Agent in Brazil Part 4
By Boris Goldshmit Here is the fourth and final part of Boris's article, with advice on how to hire a suitable real estate agent in Brazil. To read the previous parts click the link at the bottom of the article. (Sat, 02 Sep 2006 00:15:09 GMT)

Real Estate People & Places: 9/2/06
Marian Nardi of Kennedy and Gloria McMillan of Churchill have joined Coldwell Banker Real Estate as sales associates. (Sat, 02 Sep 2006 04:14:40 GMT)

Real estate broker shares business tips
Robert Kline is president of Re/Max 2000, which was named Business of the Year by the Chandler Chamber of Commerce. He started the company in 2000 and this year has projected real estate sales of $1.2 billion. (Sat, 02 Sep 2006 06:53:02 GMT)

Woman in real estate to be honored
In the 1960s and even later, women in Chico were told they couldn't sell real estate, that homebuyers would have no confidence in them. A number of women paid no attention to the naysayers, devoting decades to very successful careers in selling real estate. (Sat, 02 Sep 2006 07:15:46 GMT)

Police say man bilked real estate investors
An Eagle Point man was jailed Friday for allegedly bilking real estate investors out of $55,000, police said. (Sat, 02 Sep 2006 09:17:42 GMT)

Northern New England Real Estate Network to Let Viewers See Exclusive Listings
By Karen Spiller, The Telegraph, Nashua, N.H. Sep. 1--CONCORD -- Following an investigation by the Federal Trade Commission, the Northern New England Real Estate Network has agreed to keep its "exclusive agency" listings on the consumer-viewed pages of its Web site. (Sat, 02 Sep 2006 09:31:51 GMT)

Real estate market is now more attractive to foreign investors
The image of real estate in Greece has improved so much that it now figures among investors’ choices for a decent placement in the European property markets. (Sat, 02 Sep 2006 10:21:57 GMT)

A greater role in Europe’s real estate
One can only welcome the fact that the Greek real estate market has appeared on the map of foreign institutional investors. Almost silently, a mature market is emerging which is creating new opportunities. (Sat, 02 Sep 2006 10:24:34 GMT)

Houses for Sale: Increase Profits by Better Understanding Real Estate Buyers & Sellers
(PRWEB) September 2, 2006 -- “When a real estate agent lists a house for sale they need to understand how to work not only with sellers, but also buyers. (Sat, 02 Sep 2006 12:00:00 GMT)

Real estate corporation has new owner
A unit of Bab*censored* & Brown Ltd., Australia's second-largest investment bank, has agreed to buy the real estate investment trust for $316 million to add Carolinas and Virginia apartments. (Sat, 02 Sep 2006 14:38:47 GMT)

Real estate market softens
A buildup of housing inventory for sale in the neighboring giant of Las Vegas is one of the reasons blamed for a slowdown in the Pahrump real estate market this year, local real estate professionals say. (Sat, 02 Sep 2006 14:53:16 GMT)

Dubai real estate investment firm bids for New York residential complex
The Dubai-based real estate investment firm and subsidiary of government-owned Dubai World, Istithmar would be bidding for the Stuyvesant Town/Peter Cooper Village complex, an upmarket apartment cluster on Manhattan’s East side. (Sat, 02 Sep 2006 16:08:16 GMT)

• TV becomes Outlet for Turning Real Estate Market
Hometrader.tv has announced the re-launch of its new expanded services website www.hometrader.tv , an Internet portal that will connect consumers and real estate professionals to various real estate related products and services, including an online classifieds section, an auction gallery and a business directory. (Sat, 02 Sep 2006 16:23:19 GMT)

An Ambassador of Optimism for Philippine Real Estate
MARIAN C. MARTIN - IF THERE’S anything real estate magnate Jose B. Antonio knows, it’s how to make something big out of something small. (Sat, 02 Sep 2006 16:38:51 GMT)

Women in real estate to be honored
In the 1960s and even later, women in Chico were told they couldn't sell real estate, that homebuyers would have no confidence in them. A number of women paid no attention to the naysayers, devoting decades to very successful careers in selling real estate. (Sat, 02 Sep 2006 21:55:32 GMT)

Real estate magnate sees motel inflated in space
NORTH LAS VEGAS, Nev. -- The biggest gambler around these parts is not a high roller going all in with a pair of deuces. He's a real estate magnate who's betting $500 million that he can open the first inflatable motel in outer space. (Sun, 03 Sep 2006 04:16:57 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 NEW HOME DESIGN PREFERENCES Considering the high price tags on today’s new homes, you might think spacious interiors would be one of the strongest demands of buyers. (Sun, 03 Sep 2006 04:47:08 GMT)

Fine Living: 4 Prime Real-Estate Countries
Real estate is one of the most popular investment vehicles, but choosing among the world’s most beautiful and profitable places can be a difficult task. (Sun, 03 Sep 2006 05:34:00 GMT)

REAL ESTATE TRANSACTIONS
Real estate transactions recorded at the Manatee County Courthouse: (Sun, 03 Sep 2006 07:09:12 GMT)

New Real Estate Investment Educational Web Site, REIconferences.com is the Fastest Growing Real Estate Investing
Charrissa Cawley, a nationally acclaimed Real Estate Investment educator, mentor and real estate investor, launches a real estate investing web site unlike any site out there for both novice and seasoned investors. This new site offers free data on investing, locating and researching investment properties, financial analysis of investment properties and up to date information on the latest real (Sun, 03 Sep 2006 07:10:12 GMT)

Banks pump cash into real estate sector
A WHOPPING QR2.5bn got pumped into Qatar’s real estate sector in just six months with the state’s economic boom providing high liquidity and a wealth of opportunities for developers and investors alike. (Sun, 03 Sep 2006 08:59:45 GMT)

New role in real estate
Melody Sawyer Richardson has been a lawyer, property investor, arts patron and fundraiser. Now she's a real-estate broker. (Sun, 03 Sep 2006 09:24:17 GMT)

SANTA CLARA LEADS RECOVERY IN MOST COMMERCIAL REAL ESTATE MARKETS
The San Jose, Santa Clara and Sunnyvale commercial real estate markets account for more than half of all office, R&D and warehouse space in Silicon Valley, and provide more than 70 percent of its industrial space. Here's how the heart of the valley's various markets looked as of Aug. 1 compared with three years ago. (Sun, 03 Sep 2006 10:18:45 GMT)

REAL ESTATE: Now is good time to buy, say Ridgefield experts
Ridgefield’s real estate market has been on fire for the last few years, but how long can the flame keep burning? “Real estate is a cyclical business,” said Richard Walter, owner of Pathfinder Realty and president of the Ridgefield Board of Realtors. (Sun, 03 Sep 2006 10:59:27 GMT)

New Real Estate Investment Educational Web Site, REIconferences.com is the Fastest Growing Real Estate Investing
San Diego, CA (PRWEB) September 3, 2006 –- Nationally acclaimed investment educator Charrissa Cawley says “Despite all the talk out there about a softening real estate market and the so called ‘real estate bubble bursting,’ there are still plenty of opportunities to make money investing in real estate if you know where to look. (Sun, 03 Sep 2006 12:00:00 GMT)

Israeli jt venture to invest USD 100 mn in Indian real estate
JERUSALEM : India's real estate boom is now attracting foreign players with two major Israeli firms joining hands to invest USD 100 million in its market. (Sun, 03 Sep 2006 17:55:19 GMT)

Real estate transactions
Residential real estate transactions over $200,000 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. Listed below are some of the 1,034 homes sold in June. (Sun, 03 Sep 2006 18:44:58 GMT)

`Potential in real estate enormous'
JP Morgan Asset Management - Real Estate will try to partner with quality developers in India, says Mr Arvind F Pahwa, MD. Its India Property Fund, which has just announced closure with about $ 360 million in capital commitments, intends to leverage the growth in demand for real estate in the country. (Sun, 03 Sep 2006 19:32:14 GMT)

Most Houses in Marijuana Raids Sold by One Real Estate Agent
A single real estate agent working in a Bay Area office negotiated the sale of 16 of the 21 "pot houses" raided in Sacramento County, records show. (Sun, 03 Sep 2006 19:40:54 GMT)

Real Estate Safety Seminar Coming Up
By Northwest Florida Daily News, Fort Walton Beach Sep. 3--FORT WALTON BEACH -- A personal safety seminar for real estate professionals is scheduled for the end of September. (Sun, 03 Sep 2006 21:12:23 GMT)

Weems led way for women in real estate
Sue Weems built an appreciation for what goes into a house by supervising the building of her own, and then she took that know-how into the real estate business when women were rare in that field. (Mon, 04 Sep 2006 04:30:36 GMT)

Honoring outstanding women in real estate
Each year, Commercial Real Estate Women of Atlanta (CREW-Atlanta) recognizes outstanding members with annual awards spotlighting a select few who have significantly supported and improved the organization. (Mon, 04 Sep 2006 04:37:38 GMT)

Real estate execs share opinions on D-FW market
About 550 people attended the Dallas Property Opportunities Conference held Aug. 22 at the Westin Galleria. The event was hosted by Commercial Property News, a real estate trade publication, and the North Texas Commercial Association of Realtors. More than 25 speakers shared their opinions on the Dallas-Fort Worth real estate market. Here's what some of them had to say: (Mon, 04 Sep 2006 04:43:47 GMT)

Real estate appraisal fraud is costing untold millions and the industry is taking precautions to protect consumers
Real estate appraisal fraud is occurring with increasing regularity across the country, costing buyers potentially millions of dollars in unnecessary financing due to inflated evaluations. (Mon, 04 Sep 2006 05:02:02 GMT)

Potential Sac County strike threatens real estate operations
Some local title companies are warning customers that a threatened strike by Sacramento County employees could delay processing of real estate documents for up to four days next week. (Mon, 04 Sep 2006 05:14:43 GMT)

Briefing - Asia Real Estate - Sept 4, 2006
An executive briefing on real estate for Sept 4, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. AUSTRALIANS AWAIT RATE RISES AS JUL BUILDING APPROVALS JUMP 8.3% (Mon, 04 Sep 2006 06:02:00 GMT)

Appreciation of Aspen homes astonishes real estate agents
It's no secret that Aspen's real estate market is absurdly expensive, nor that it has experienced amazing growth in the last 30 years, but here's another log to the fire: 2006 has already seen unprecedented appreciation. (Mon, 04 Sep 2006 06:07:29 GMT)

Off the charts Real estate sizzling in Aspen
It's no secret that Aspen's real estate market is absurdly expensive, nor that it has experienced amazing growth in the last 30 years. Here's another log to the fire: 2006 has already seen unprecedented appreciation. (Mon, 04 Sep 2006 06:21:46 GMT)

Mefcom Agro buys 15 pct stake in real estate firm
MUMBAI, Sept 4 (Reuters) - India's Mefcom Agro Industries Ltd. said on Monday it had acquired a 15-percent stake in real estate firm SRS Retreat Services. (Mon, 04 Sep 2006 07:02:47 GMT)

Eurocastle Acquires a EUR500 Million German Real Estate Portfolio
Guernsey (ots) - Eurocastle Investment Limited (Euronext Amsterdam: ECT) today announced that it has signed a definitive agreement with DB Real Estate Investment GmbH to acquire a portfolio of 6 office properties for an all-in purchase price of approximately EUR500 million. (Mon, 04 Sep 2006 07:04:19 GMT)

Real Estate affected by Lawmakers’ choices
Creel and company were tracking 96 bills that could have an impact on the real estate industry either directly or indirectly. Lobbyists packed the state Capitol last week, crowding corridors as they squatted near the offices of legislators, hoping to appeal to their good senses. (Mon, 04 Sep 2006 13:38:47 GMT)

• Real estate industry are shaken up by Internet brokers
The Internet has radically changed the way consumers buy books and airline tickets, trade stock and learn news. But the real estate industry has resisted change and protected its commission structure by controlling the information on its Multiple Listing Service database of properties for sale. (Mon, 04 Sep 2006 13:52:57 GMT)

BLP makes third CC raid to snare new head of real estate litigation
Berwin Leighton Paisner (BLP) head of real estate Robert MacGregor has raided his former firm Clifford Chance for a third time to snare a new head of real estate litigation. ... (Mon, 04 Sep 2006 14:22:11 GMT)

A Look at the Local Real Estate Business after a year of Storm
Real estate practitioners who work in some of the most heavily damaged neighborhoods struggled in the aftermath of Katrina, not selling a single home in the first few months after the storm. In contrast, regions close to the affected areas saw an immediate boost in sales activity. (Mon, 04 Sep 2006 14:38:17 GMT)

Real estate transactions
Residential real estate transactions over $200,000 filed with the Clark County Assessor from July 1-15. The information includes seller's name, buyer's name, property location, description, price and closing date. Listed below are some of the 910 home sales recorded in July. (Mon, 04 Sep 2006 16:40:25 GMT)

Business / Real Estate
Winnie the Pooh may soon be kicked out of his home by businessmen in search of a reasonably priced bed. Soyuzmultfilm, the premier animation house in Soviet days, is in a death fight with real estate developers who want to build a hotel where the cartoonists' central Moscow studio now stands. (Mon, 04 Sep 2006 20:11:09 GMT)

Escalating Aspen Real Estate Values Astound Even Experts
ASPEN, Colo. -- Even veteran real estate agents used to Aspen's stratospheric property prices find the latest trend amazing: up to 60 percent appreciation on several homes and condos in less than a year. (Mon, 04 Sep 2006 20:22:46 GMT)

Escalating Aspen real estate values astound even experts
ASPEN (AP) - Even veteran real estate agents used to Aspen's stratospheric property prices find the latest trend amazing: up to 60 percent appreciation on several homes and condos in less than a year. (Mon, 04 Sep 2006 21:26:23 GMT)

Slow real estate market breathes life into trade
A slow real estate market is breathing new life into one the oldest forms of doing business - trade. The old-fashioned bartering system now appears to be making an unlikely comeback in Southwest Florida. (Mon, 04 Sep 2006 23:27:27 GMT)

CREBA honors graduates of real estate management
The Chamber of Real Estate and Builders Associations (CREBA) will honor in a testimonial luncheon the graduates and faculty of the post-baccalaureate diploma program in real estate management conducted as partner of the De La Salle College of Saint Benilde School of Professional & Continuing Education (SPaCE) at noon, Sept. 7 at the Turf Room of Manila Polo Club, Forbes Park, Makati City. (Tue, 05 Sep 2006 01:46:48 GMT)

Lessons in local real estate
BETHLEHEM | To Steve Thode, the real estate business is one that won't ever get outsourced. "As I like to say to parents, it's 10 percent of the economy," said Thode, an associate professor at Lehigh University. (Tue, 05 Sep 2006 04:17:15 GMT)

Lessons in local real estate
BETHLEHEM | To Steve Thode, the real estate business is one that won't ever get outsourced. "As I like to say to parents, it's 10 percent of the economy," said Thode, an associate professor at Lehigh University. (Tue, 05 Sep 2006 04:29:53 GMT)

Briefing - Asia Real Estate - Sept 5, 2006
An executive briefing on real estate for Sept 5, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Tue, 05 Sep 2006 06:02:00 GMT)

Real estate
● Idea'l Marketing LLC leased 1,555 square feet from 1031 Holder LLC at Acacia Square, 180 W. Fort Lowell Road. The company will offer mortgages, real estate services and home insurance. Debbie Heslop, Volk Co., represented the landlord. (Tue, 05 Sep 2006 07:13:37 GMT)

(AFX UK Focus) 2006-09-05 09:03 GMT: China B-shares close higher, real estate stocks maintain strength - UPDATE
SHANGHAI (XFN-ASIA) - B-shares in Shanghai and Shenzhen closed higher with real estate developers remaining strong on the back of an appreciating yuan, dealers said. (Tue, 05 Sep 2006 08:31:30 GMT)

Bridge loans good to fillgaps in real estate deals
Just a few years ago, finding a house to buy was far more of a problem than selling one. However, times - and real estate cycles - change. Now that the housing market has cooled, potential buyers and sellers have new issues to consider. (Tue, 05 Sep 2006 08:32:00 GMT)

German Stocks Including Metro Decline; Hypo Real Estate Rises
Sept. 5 (Bloomberg) -- German stocks including Metro AG and Volkswagen AG fell. Hypo Real Estate Holding AG rose. The benchmark DAX Index lost 10.53, or 0.2 percent, to 5899.19 as of 10:10 a.m. in Frankfurt. The HDAX Index of the country's 110 biggest companies also dropped 0.2 percent. (Tue, 05 Sep 2006 08:33:22 GMT)

Aspen's real estate values are on the rise
ASPEN - Even veteran real estate agents used to Aspen's stratospheric property prices find the latest trend amazing: up to 60 percent appreciation on several homes and condos in less than a year. (Tue, 05 Sep 2006 11:07:40 GMT)

Slowdown in Real Estate and Condo Sales Spurs Internet Marketing
(PRWEB) September 5, 2006 -- Just a year ago, real estate and resort condos for sale were the hottest thing going. (Tue, 05 Sep 2006 12:00:00 GMT)

Aspen real estate values astound even the experts
ASPEN (AP) - Even veteran real estate agents used to Aspen’s stratospheric property prices find the latest trend amazing: up to 60 percent appreciation on several homes and condos in less than a year. ‘‘On certain properties there has been enormous escalation in value,’’ said Ernie Fyrwald, owner of Morris and Fyrwald Real Estate. ‘‘Sometimes it’s very astounding. It’s not the case across (Tue, 05 Sep 2006 12:11:34 GMT)

Real Estate Firm Newest Empire Racing Partner
Edited Empire Racing release Empire Racing has announced that it has aligned itself with SL Green Realty Corp., Manhattan's largest owner of commercial office real estate, to act as a real estate and financing strategy consultant for Empire Racing as it vies for the contract to operate the franchised tracks currently held by the New York Racing Association in addition to the video lottery (Tue, 05 Sep 2006 12:14:43 GMT)

Citigroup in $125 mln India real estate project
MUMBAI, Sept 5 (Reuters) - Citigroup Property Investors, a unit of Citigroup , has agreed to be an equal joint venture partner in an Indian real estate project valued at $125 million. (Tue, 05 Sep 2006 12:53:08 GMT)

Clayton Joins Pension Real Estate Association
The Pension Real Estate Association has named James Clayton as its new director of research, according to Investment & Pensions Europe . He takes over from Jack Nowakowski to support the educational goals of the association as well as undertake direct research projects as determined by membership needs and value to the industry. (Tue, 05 Sep 2006 13:26:21 GMT)

Babson Capital closes $265M real estate fund
Investment firm Babson Capital Management has closed a $265 million real estate fund targeting debt and equity securities in both commercial and multifamily properties. (Tue, 05 Sep 2006 14:16:08 GMT)

Virtual Real Estate Picks up as shopping.eu and hotels.eu Sell for Record Amounts
Starting five months ago, those interested in virtual real estate were able to register .eu domain names. (Tue, 05 Sep 2006 14:54:26 GMT)

• How Smart Is 'Flipping' Real Estate?
"Flipping" in real estate lingo means buying and quickly reselling properties for big profits. In south Florida and other popular real estate markets, it got to the point where people were buying and flipping contracts on condos before they would even been built. (Tue, 05 Sep 2006 15:52:57 GMT)

Real estate development model proposed in building government infrastructures
The government should adopt the real estate development model in the provision of infrastructure facilities such as the construction of roads, ports and airports to take advantage of value appreciation of lands. (Tue, 05 Sep 2006 16:46:48 GMT)

Appreciation of Aspen homes astonishes real estate agents
It's no secret that Aspen's real estate market is absurdly expensive, nor that it has experienced amazing growth in the last 30 years, but here's another log to the fire: 2006 has already seen unprecedented appreciation. (Tue, 05 Sep 2006 17:07:09 GMT)

Real estate transactions
Residential real estate transactions over $200,000 filed with the Clark County Assessor from July 1-15. The information includes seller's name, buyer's name, property location, description, price and closing date. Listed below are some of the 910 home sales in July. (Tue, 05 Sep 2006 17:10:15 GMT)

DePaul's Real Estate Center gets $1.5M from alumnus
(Crain's) -- Getting schooled in the real estate business usually involves the rigors of finance and the art of deal-making. At DePaul University's Real Estate Center, a grant from a New York real estate investor will bring in more professors teaching less conventional fields: anthropology, ... (Tue, 05 Sep 2006 21:09:02 GMT)

Real estate sector booming
The Real Estate industry in Nassau is "booming" with sales up over the last year, said a number of realtors. Positive forces driving the industry have also given the market players more opportunities and options. (Tue, 05 Sep 2006 22:26:49 GMT)

Legacy Hotels Real Estate Investment Trust Announces Hotel Acquisition in Calgary
Legacy Hotels Real Estate Investment Trust ('Legacy') (TSX: LGY.UN) today announced that it has reached an agreement to acquire the 398-room Delta Bow Valley in Calgary, Alberta for approximately $53.5 million plus closing costs. In addition, Legacy expects to invest approximately $4.0 million in the property to renovate guestrooms over the next few years. (Tue, 05 Sep 2006 23:09:28 GMT)

Some real estate agents protect status quo -- even if it costs them
More and more homeowners are turning to the Internet to buy or sell their home, a frightening prospect for real estate agents who, as a group, reap at least $60 billion a year in commission income. (Wed, 06 Sep 2006 04:00:26 GMT)

Senior real estate broker switches firms
A top broker in Cushman & Wakefield of Texas' Dallas office has jumped to a competitor. Will Balthrope, a senior director at Cushman with more than 20 years' experience in property sales, has joined Marcus & Millichap Real Estate Investment Brokerage Co. and will head an apartment sales team. (Wed, 06 Sep 2006 04:03:48 GMT)

Real estate ups and downs
CRESTED BUTTE, Colo. Ð After two phenomenal years in nearly every resort valley of the West, the real estate market this year has slowed in some places. But almost everywhere, prices continue to rise. (Wed, 06 Sep 2006 04:12:01 GMT)

RSM McGladrey Buys Phoenix Real Estate Specialist
RSM McGladrey Inc. announced a Labor Day deal to acquire Phoenix-based real estate tax firm, Gaughan & Nahom PLC. Financial terms of the deal were not disclosed. (Wed, 06 Sep 2006 04:12:43 GMT)

Briefing - Asia Real Estate - Sept 6, 2006
An executive briefing on real estate for Sept 6, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. CHINESE PROJECTS TO BE SHOWCASED AT MIPIM ASIA 2006 IN HK (Wed, 06 Sep 2006 05:36:00 GMT)

Police announce arrest in slaying of real estate agent
McKINNEY, Texas McKinney police say this morning they've made an arrest in the July slaying of a real estate agent who was found stabbed to death in a model... (Wed, 06 Sep 2006 09:11:28 GMT)

County Legislature gives real estate transfer tax the OK
ITHACA — The Tompkins County Legislature passed a real estate transfer tax on Tuesday. The tax passed by an 8-7 vote. The tax will allow the county to collect a $1 tax for every $500 of real estate sold as part of the transaction, according to the local law. The tax will be paid by the seller. (Wed, 06 Sep 2006 09:43:01 GMT)

Real estate stocks, mutual funds and REITS still a value your money
Real estate is expensive these days, but it's still a valuable commodity. When you tuck a real estate trust or mutual fund in your investment portfolio, it will reward you with steadier and better returns than if you limited yourself to stocks and bonds. (Wed, 06 Sep 2006 10:18:34 GMT)

Man arrested in death of McKinney real estate agent
Police on Wednesday announced the arrest of a suspect in the July slaying of a real estate agent who was found stabbed to death in a model home. (Wed, 06 Sep 2006 11:38:29 GMT)

The Housing Bubble Gets Ready To Burst: Homeowner Tips To Survive The Real Estate Burst
(PRWEB) September 6, 2006 -- The question regarding a national real estate bubble, and or a hard or soft landing according to the President of The National Mortgage Complaint Center/Homeowners Consumer Center "is about to get answered. (Wed, 06 Sep 2006 12:00:00 GMT)

Police announce arrest in slaying of real estate agent
McKINNEY, Texas McKinney police say this morning they've made an arrest in the July slaying of a real estate agent who was found stabbed to death in a model home. (Wed, 06 Sep 2006 12:00:13 GMT)

Manhattan real estate rebounds after 9/11
On Sept. 12, 2001, the day after terrorists in jetliners brought down the Twin Towers, New York City's real-estate elite gathered amid the shock and mourning enveloping Manhattan to ponder what would become of the island's office market. (Wed, 06 Sep 2006 16:15:24 GMT)

Real estate is lucrative area
Being a real estate agent is a good career opportunity, but it's not a walk in the park. The burgeoning real estate industry in The Bahamas means more people are flocking to that sector for jobs, real estate agents have agreed. (Wed, 06 Sep 2006 16:26:52 GMT)

The New York Times Launches New Real Estate Web Sites
The New York Times Company announced today the launch of two new Real Estate Web sites. "Great Homes" features extensive luxury and second-home listings, Web-exclusive content with original articles written for the site, destination and lifestyle guides, videos, slide shows and interactive maps. (Wed, 06 Sep 2006 16:36:07 GMT)

Real estate transactions
Residential real estate transactions over $200,000 filed with the Clark County Assessor from July 1-15. The information includes seller's name, buyer's name, property location, description, price and closing date. Listed below are some of the 910 home sales in July. (Wed, 06 Sep 2006 17:28:48 GMT)

Man arrested in killing of real estate agent
Police on Wednesday announced the arrest of a suspect in the July slaying of a real estate agent who was found stabbed to death in a model home. (Wed, 06 Sep 2006 17:37:02 GMT)

2006 NAA Real Estate Advertising Forum
What do today’s real estate customers need? What new revenue sources can newspapers tap today and in days to come? How can newspapers leverage their existing franchise to remain their market’s leading source of real estate advertising and information? (Wed, 06 Sep 2006 17:42:24 GMT)

Arrest Made In Abduction, Robbery Of Real Estate Agent
Police said they arrested a 26-year-old man in connection with the abduction and robbery of a real estate agent last month. (Wed, 06 Sep 2006 19:13:28 GMT)

Real estate stars to be recognised
The publisher of a monthly real estate news magazine will hold the Thailand Property Awards 2006, with applications now open for interested developers. (Wed, 06 Sep 2006 19:55:18 GMT)

Direction of real estate dubious
IN reply to the article by Nick Higgins “Wodonga has the most expensive real estate in regional Victoria” (The Border Mail, July 24). (Wed, 06 Sep 2006 20:06:52 GMT)

Rack Room Shoes Continues to Benefit From Use of AMTdirect for 'Active' Real Estate Management
AMTdirect announced today that Rack Room Shoes continues to enjoy enhanced control and knowledge of its real estate portfolio through its four-year use of AMTdirect. (Wed, 06 Sep 2006 20:54:24 GMT)

What Now for Real Estate?
The events of 9/11 fueled America's greatest real estate boom. Five years later, it may be over. (Wed, 06 Sep 2006 21:15:41 GMT)

The New York Times Launches New Real Estate Web Sites
''Great Homes'' to feature real estate listings and original content focusing on prime destinations throughout the United States and Europe (Wed, 06 Sep 2006 21:36:49 GMT)

The New York Times Launches New Real Estate Web Sites
NEW YORK -- (BUSINESS WIRE) The New York Times Company has launched two new Real Estate Web sites. (Thu, 07 Sep 2006 01:13:23 GMT)

Was Murder Suspect Targeting Real Estate Agents?
Police are investigating whether the North Carolina parolee charged with stabbing realtor Sarah Walker to death, during the showing of a model home in McKinney, may have been targeting real estate agents. A suburban realtor recognized the composite sketch of the murder suspect that was released by McKinney police two weeks ago. It was the break in the case that led to the arrest of a parolee from (Thu, 07 Sep 2006 03:28:36 GMT)

Indiabulls raises stake in real estate units
MUMBAI, Sept 7 (Reuters) - Indiabulls Financial Services Ltd. , an electronic brokerage and property firm, is raising its stake in three real estate units to 51 percent from 40 percent by converting debentures, the company said. (Thu, 07 Sep 2006 04:17:02 GMT)

Briefing - Asia Real Estate - Sept 7, 2006
An executive briefing on real estate for Sept 7, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Thu, 07 Sep 2006 05:45:00 GMT)

India approves $720 mln overseas real estate fund
NEW DELHI, Sept 7 (Reuters) - India's federal cabinet on Thursday approved a $720 million overseas real estate investment fund for the country's biggest mortgage firm, Housing Development Finance Corp. , a minister said. (Thu, 07 Sep 2006 07:53:45 GMT)

City real estate retains its value
First, the good news: If there is a real estate bubble, it isn't popping yet in St. Paul. The total value of all real estate in the city will rise by an estimated 9.4 percent next year, slightly above the growth in residential value, thought to be near 9 percent for next year. The 71,000 homes in the city represent about half of the county's housing and about three-quarters of the city's total (Thu, 07 Sep 2006 08:18:02 GMT)

CORRECTED-India approves $720 mln overseas real estate fund
NEW DELHI, Sept 7 (Reuters) - India's federal cabinet on Thursday approved a $720 million overseas real estate investment fund for the country's biggest mortgage firm, Housing Development Finance Corp. , a spokeswoman said. (Thu, 07 Sep 2006 08:40:14 GMT)

Merc to add real estate futures
Commercial property contracts based on indexes; 10 planned The Chicago Mercantile Exchange said Wednesday that it will offer futures and options on commercial real estate, allowing investors to bet on swings in the value of the $5.3 trillion U.S. market. (Thu, 07 Sep 2006 10:30:34 GMT)

HDFC to bring FDI into real estate
HDFC-sponsored real estate fund has been permitted to bring up to Rs 3,240 crore of FDI into the country. (Thu, 07 Sep 2006 11:28:13 GMT)

HDFC fund to bring in Rs 3,240 cr FDI into real estate fund
NEW DELHI: HDFC-sponsored real estate fund has been permitted to bring up to Rs 3,240 crore of FDI into the country. The fund would also raise $30 million (nearly Rs 135 crore) from the domestic market, according to a decision by the Cabinet Committee on Economic Affairs today. (Thu, 07 Sep 2006 11:42:23 GMT)

Govt okays HDFC's Real Estate Fund
HDFC's bid to cash in on India's booming real estate sector has got a boost. The government has allowed a global realty fund sponsored by the company, to invest up to Rs 3,240 crore in the country. (Thu, 07 Sep 2006 12:08:59 GMT)

Bill Velto gets real about I.E. real estate
Bill Velto has been involved with professional real estate for more than 16 years and has been manager of Tarbell Realtors in Upland for the past 14. He has managed, coached and trained more than 5,000 real estate agents. (Thu, 07 Sep 2006 14:54:49 GMT)

Real Estate Bargains
A softening housing market is hurting any stock on the fringe of real estate. (Thu, 07 Sep 2006 16:07:40 GMT)

CME to follow up housing derivatives with real-estate contracts
BOSTON (MarketWatch) -- New futures and options contracts from the Chicago Mercantile Exchange designed to hedge real-estate exposure are drawing more interest as investors grip with the unpleasant reality the U.S. housing market may be facing a deeper-than-expected downturn. (Thu, 07 Sep 2006 16:09:06 GMT)

Real Estate Firms Buy Credits for Wind Power
Two real estate firms announced yesterday that they had committed to purchasing credits for power generated from wind farms to cover the energy needs of their joint headquarters in Bethesda and an office building in downtown Washington. (Thu, 07 Sep 2006 18:02:23 GMT)

Queens Real Estate Expo, Crowne Plaza Hotel, September 16, 2006 • 10am-5pm
The birth of the Queens Real Estate Expo grew from my dream to put together an event that offers both affordability and flexibility to the exhibitors - as well as my desire to better educate home buyers and investors about the often confusing real estate arena. (Thu, 07 Sep 2006 18:37:03 GMT)

Looking ahead in commercial real estate: forecast mixed
The market forecast for commercial real estate practitioners in Tampa Bay is hot, cool and chilly. (Thu, 07 Sep 2006 19:09:21 GMT)

Investors Bullish on Commercial Real Estate
Much press has been devoted to the cooling residential real estate market and its effects on the U.S. economy and consumer spending, but the commercial real estate market has remained bullish as bu... (Thu, 07 Sep 2006 19:11:29 GMT)

Schwarzenegger mulls real estate license bills
Two measures have landed on the governor's desk toughening requirements for getting a real estate license. (Thu, 07 Sep 2006 19:37:57 GMT)

ERA Real Estate Recognized by J.D. Power and Associates for Third Year in a Row
ERA received the highest numerical score among national full service real estate firms (Thu, 07 Sep 2006 21:06:48 GMT)

American Real Estate to Sell Subsidiary
Riata Energy Inc. and American Real Estate Partners LP said Thursday they have entered into an exclusivity agreement to allow Riata an option to acquire American Real Estate's subsidiary NEG Oil & Gas LLC. (Thu, 07 Sep 2006 22:13:47 GMT)

Real estate sees the rise of discounters
David Marne pokes fun at the traditional fruit basket some real estate agents give clients as a housewarming gift. (Fri, 08 Sep 2006 01:22:45 GMT)

Real Estate Ads Move to the Internet
Real estate listings are moving online, and newspapers are racing to protect their classifieds market by following them (Fri, 08 Sep 2006 03:58:25 GMT)

Panther Valley officials to meet with Argall over real-estate tax hike
Panther Valley School District Superintendent J. Christopher West will meet with state Rep. David Argall, R-124, today. The meeting is a result of the massive real estate tax increase levied on Coaldale residents by directors earlier this year. (Fri, 08 Sep 2006 04:43:16 GMT)

Briefing - Asia Real Estate - Sept 8, 2006
An executive briefing on real estate for Sept 8, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Fri, 08 Sep 2006 06:14:00 GMT)

Using your IRA to invest in real estate? Get expert advice
After digging up every harebrained real estate scheme this side of the moon for the past six years, I was beginning to think there wasn't one left to be unearthed. Then my sister-in-law began talking about her family's retirement plans. "We got a... (Fri, 08 Sep 2006 07:28:26 GMT)

REAL ESTATE TRANSFERS - Bethel Journal
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. (Fri, 08 Sep 2006 11:59:17 GMT)

Tenants-in-Common Real Estate Investment Company Opens New Northeast Market
Spectrus Real Estate Group/FOR 1031, a national and leading provider of quality, diversified real estate investments, is pleased to announce four new sales team members. (Fri, 08 Sep 2006 12:00:00 GMT)

Morgan Stanley, Duke Energy Form Venture to Develop Real Estate
Sept. 8 (Bloomberg) -- Morgan Stanley, the biggest securities firm by market value, formed a joint venture with Duke Energy Corp. to develop commercial and residential real estate properties. (Fri, 08 Sep 2006 13:48:00 GMT)

Real Estate Ads Move to the Internet
Real estate listings are moving online, and newspapers are racing to protect their classifieds market by following them (Fri, 08 Sep 2006 14:13:42 GMT)

Council hears first reading of real estate tax resolution
Fremont City Council members had a first reading on a resolution that will set real estate tax rates for next year. The council has to approve the rates annually and pass a resolution before sending them to the Sandusky County Auditor's Office for approval. (Fri, 08 Sep 2006 17:15:44 GMT)

Real Estate Ads Move to the Internet
Most Sundays, Bob Peltier buys six ad pages in the two Twin Cities newspapers. But Labor Day weekend was a turning point for the president of Edina Realty, Minnesota's top real estate firm. (Fri, 08 Sep 2006 18:19:05 GMT)

Duke Energy sells 49% of real estate business
Duke Energy Corp. has sold a 49 percent stake in its real estate subsidiary, Crescent Resources, to Morgan Stanley Real Estate. (Fri, 08 Sep 2006 19:02:31 GMT)

Duke Energy Sells Real Estate Holdings
Duke Energy continued to pare down its holdings and operations, announcing Friday it created a joint venture for its real estate holdings with a Morgan Stanley unit in return for about $1.4 billion in cash after taxes. (Fri, 08 Sep 2006 19:31:11 GMT)

Duke Energy Sells Real Estate Holdings
Duke Energy continued to pare down its holdings and operations, announcing Friday it created a joint venture for its real estate holdings with a Morgan Stanley unit in return for about $1.4 billion in cash after taxes. (Fri, 08 Sep 2006 19:31:11 GMT)

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