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Real Estate News Dec 2006

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Retirement Residences Real Estate Investment Trust Announces December 2006 Monthly Distribution
Retirement Residences Real Estate Investment Trust ('Retirement REIT')(TSX: RRR.UN) today announced that a distribution of $0.025 per unit has been declared for December, 2006, payable December 29, 2006, to the unitholders of record as at December 11, 2006. (Fri, 01 Dec 2006 01:37:28 GMT)

Mall real estate prices to witness correction: A T Kearney
Mumbai, Nov 30: Real estate prices in shopping malls are likely to come down due to overcapacity of mall space in the market, according to consultancy firm A T Kearney. (Fri, 01 Dec 2006 04:06:08 GMT)

County real estate
Real Estate Sales of $75,000 and above, as recorded by the office of Cleveland County Clerk, Dorinda Harvey.... (Fri, 01 Dec 2006 05:39:28 GMT)

SEBI's guidelines for Real Estate Mutual Funds in 3-4 days
Mumbai, Nov 30: Market regulator Securities and Exchange Board of India (SEBI) is likely to announce guidelines for Real Estate Mutual Funds (REMF) in a few days. (Fri, 01 Dec 2006 05:57:33 GMT)

Real Estate Live
Welcome to Real Estate Live, an online discussion of the Washington area housing market. Post staff writer Kirstin Downey fills in for Post Real Estate editor Maryann Haggerty. (Fri, 01 Dec 2006 06:48:38 GMT)

Israeli developers intrigued by local real estate market
From Poland A.M. A shortage of 2 million flats, increasing real estate prices, easy access to mortgage loans and growing trade center popularity has sparked interest in the Polish market from Israeli development companies. (Fri, 01 Dec 2006 08:04:17 GMT)

Real estate broker gets six months
A Bradenton real estate broker who pleaded guilty in a mortgage fraud scheme has been sentenced to six months in prison, according to court records. (Fri, 01 Dec 2006 08:15:40 GMT)

Major Hub real estate agency sold
Gibson DomainDomain, Boston's largest independent real estate agency and one that has played a central role in gentrifying the historic South End, has been acquired by two local businessmen who plan to expand its operations into the suburbs. (Fri, 01 Dec 2006 09:16:40 GMT)

Real estate offices organize holiday charities
Real estate offices around the valley have launched their annual holiday charity efforts, and are inviting the public to contribute to help needy families. (Fri, 01 Dec 2006 09:42:50 GMT)

Boston's Largest Independent Real Estate Company Sold to Local Entrepreneurs, Becomes Part of Sotheby's International
BOSTON----Gibson domain|domain, Boston's largest independent real estate company, announced today that local real estate entrepreneurs Michael Hansen and Larry Rideout have acquired the company. (Fri, 01 Dec 2006 14:30:00 GMT)

Real estate downturn affects Broadway Lofts
The real estate dip put the brakes on the downtown 44 Broadway Lofts project this year, but the developers expect to start looking for condo buyers in the next few weeks in the former federal courthouse annex. (Fri, 01 Dec 2006 15:33:23 GMT)

Nabholz passes West Virginia Real Estate Exam
CUMBERLAND, Md. - Dominique Nabholz of Cumberland, Md., has just completed the West Virginia Real Estate examination requirements. Nabholz will join the team at Tim Brinkman Real Estate in Keyser. (Fri, 01 Dec 2006 16:44:40 GMT)

Gramercy Capital Corp. To Present At The Wachovia 10th Annual Real Estate Securities Conference On Tuesday, December 5,
NEW YORK----Gramercy Capital Corp. announced today that Bob Foley, Chief Financial Officer of Gramercy, will present at Wachovia's 10th Annual Real Estate Securities Conference at 10:00 am EST on Tuesday, December 5, 2006. (Fri, 01 Dec 2006 18:03:00 GMT)

Camden Property Trust Announces Participation in Wachovia Real Estate Securities Conference
HOUSTON----Camden Property Trust today announced that the Company will participate in the 10th Annual Wachovia Real Estate, Gaming & Lodging Securities Conference being held in New York on December 5-6, 2006. (Fri, 01 Dec 2006 21:00:00 GMT)

Real Estate
Robbin Taylor-Hall has been selling real estate for 10 years. Her office is in downtown Hillsborough. Leslie Barbour (Fri, 01 Dec 2006 21:16:51 GMT)

Fidelity To Address Real Estate and Retirement
Fidelity Investments plans to publish a white paper on real estate and retirement as part of its strategy to reach investors who need to save or design income plans for retirement. (Fri, 01 Dec 2006 22:05:36 GMT)

MARS Real Estate Store Branches Out
The Real Estate Store is getting ready to move beyond the Lowcountry (Fri, 01 Dec 2006 23:00:58 GMT)

FIIs, funds to pump Rs 30k cr into Indian real estate by 08
Foreign institutional investors and real estate funds are bullish about India's fast growing real estate sector. (Sat, 02 Dec 2006 00:27:16 GMT)

Pennsylvania Governor Rendell Announces $47 Million to Support Real Estate Development, Attract New Business
HARRISBURG, Pa., Dec. 1 /PRNewswire/ -- Governor Edward G. Rendell today announced investments totaling $47 million for the first nine projects to be funded through Building PA, his aggressive economic stimulus program designed to support the development of important real estate assets. (Sat, 02 Dec 2006 01:27:56 GMT)

Andhra Pradesh real estate developers under IT scanner; Rs 3 cr seized
Hyderabad, Dec 1: Real estate developers have come under the scanner of the Income Tax Department with an unprecedented boom in land prices in and around Hyderabad throwing up several millionaires in the last couple of years. (Sat, 02 Dec 2006 05:26:05 GMT)

Tamweel CEO to provide key insights into Middle East real estate market at Cityscape
The Chief Executive Officer of Tamweel PJSC, the UAE's leading provider of home finance, will address the most crucial issues facing the Middle East real estate market in a discussion at Cityscape Dubai on Monday, December 4, 2006. (Sat, 02 Dec 2006 06:20:30 GMT)

Investors discuss real estate economy
The market for commercial real estate is evolving as political control shifts in Washington, D.C., three Wichita investors said Friday during a panel discussion at Crestview Country Club. (Sat, 02 Dec 2006 07:15:58 GMT)

Real Estate Transfers
Real Estate Transfers The following property transactions, those most recently released to the Centre Daily Times, were recorded from Nov. 6, 2006, through Nov. 9, 2006, in the office of the Centre County Recorder of Deeds. (Sat, 02 Dec 2006 08:05:34 GMT)

KSL Realty to develop real estate projects of 2-cr sq.Ft
Mumbai, Dec 2: KSL Realty and Infrastructure Ltd will develop real estate projects covering two crore square feet in different states such as Maharashtra, Gujarat, Punjab, Himachal Pradesh and Dadra and Nagar Haveli. (Sat, 02 Dec 2006 08:55:26 GMT)

Saudi Real Estate Service showcases its projects and signs a number of agreements in Cityscape 2006
Saudi Real Estate Service Company, headquartered in Saudi Arabia, announced their participation in "Cityscape 2006,' an International Property Investment and Development show that will be held from December 4 - 6 at Dubai World Trade Centre. (Sat, 02 Dec 2006 10:52:14 GMT)

Real estate offices get into holiday giving
Real estate offices around the valley have launched their annual holiday charity efforts, and are inviting the public to contribute to help needy families. (Sat, 02 Dec 2006 11:16:22 GMT)

Larceny charges handed down for real-estate fraud
CHEYENNE - A woman who was hired by a local real-estate agency in 2003 now is facing five counts of larceny. The Laramie County District Attorney's Office says Mary Elizabeth Spencer stole money from the company she worked for. (Sat, 02 Dec 2006 13:29:30 GMT)

Cheating case lodged against Pune based real estate agent
Mumbai, Dec 2: A case of cheating has been lodged against a Pune-based real estate agent for allegedly duping a city businessman of over Rs 1.34 crore by assuring him over 500 acres of land in the district, police said here today. (Sat, 02 Dec 2006 18:12:41 GMT)

• Stadium, Projected to Advance Miami Real Estate’s Value
Recently, Miami Real Estate continuous to join the trend of the US market, plunging. Many developers, realtors, and sellers are reported being anxious about the flux in the real estate bazaar while devising their individual promotional strategies to complete a sale. (Sat, 02 Dec 2006 22:18:38 GMT)

Robert Bruss: Real estate coach explains realty agent success rules
Whether you are a novice or experienced “old pro” real estate agent, “The Champion Real Estate Agent” by realty sales coach and former top sales agent Dirk Zeller will alert or remind you of what makes a successful real estate agent. (Sun, 03 Dec 2006 05:11:55 GMT)

Real estate news in brief: Staff appointments, sales leaders
A list of recent real estate staff appointments and sales leaders. (Sun, 03 Dec 2006 05:12:05 GMT)

Real estate news in brief: Construction rates, sales rates
A list of recent real estate construction rates and sales rates. (Sun, 03 Dec 2006 05:12:19 GMT)

Real Estate Briefs: Dec. 3, 2006
A list of real estate related news briefs. (Sun, 03 Dec 2006 05:12:24 GMT)

Robert Bruss: The 10 best real estate books of 2006
Each week I read and review at least one new real estate book. At the end of each year, it is my honor to select from these 52 books the “top 10” real estate books. 2006 was an especially difficult year to select the best because there were so many new, high-quality realty books. (Sun, 03 Dec 2006 05:19:42 GMT)

Bruss' picks for the 10 best real estate books of 2006
Each week I read and review at least one new real estate book. At the end of each year, it is my honor to select from these 52 books the "top 10" real estate books. 2006 was an especially difficult year to select the best because there were so many new, high-quality realty books. (Sun, 03 Dec 2006 08:19:40 GMT)

REAL ESTATE TRANSACTIONS
Real estate transactions are public records obtained by the Star-Gazette from deeds on file in the county clerks' offices. Real estate agencies do not provide the information. (Sun, 03 Dec 2006 08:25:58 GMT)

Real estate process explained clearly
Real estate process explained clearly I just wanted to say that I thought Andrew Caffrey's article was the best I have read explaining the complex dynamics of the current real estate market ( "Who'll Blink First?" Nov. 26 ). There are so many factors that go into negotiating a deal on behalf of a buyer (or a seller), and your ... (Sun, 03 Dec 2006 09:26:05 GMT)

CB Richard Ellis to assist investors in identifying real estate trends in the Middle East
CB Richard Ellis, the global leading property advisory, will assist investors in identifying investment opportunities in the Middle East real estate market at Cityscape 2006, the largest property and development exhibition and conference to be held at the Dubai International Exhibition Center from December 4 to 6. (Sun, 03 Dec 2006 09:35:50 GMT)

SODIC to showcase its projects and Egyptian real estate sector in Cityscape Dubai 2006
SODIC, one of Egypt's leading real estate development companies announced its participation in the Cityscape exhibition to take place in Dubai from 4-6 December 2006. (Sun, 03 Dec 2006 09:50:20 GMT)

Tactics help property owners defer their real estate gains
Soaring real estate values have given a lot of investors headaches we'd all like to have. The upside: They've made a bundle. The downside: When they sell, they have a hefty tax bill. (Sun, 03 Dec 2006 11:01:55 GMT)

Dankner and Salkind to invest $100m in Indian real estate
Industrial Building, Electra Real Estate and an Indian developer are reviewing two projects in Tamil Nadu State. (Sun, 03 Dec 2006 13:36:07 GMT)

Israel stocks decline, led by real estate and banks
TEL AVIV (MarketWatch) -- Israeli stocks fell, led lower by the banks and the real estate sector. (Sun, 03 Dec 2006 17:16:25 GMT)

FIRST DUBAI INVESTS IN LIWAN REAL ESTATE PROJECT
Infrastructure The First Dubai Real Estate Development Company has invested Dhs122.3 million ($US33.2 million) in the recently-launched Liwan project. (Mon, 04 Dec 2006 00:18:06 GMT)

First Dubai Invests In Liwan Real Estate Project
The First Dubai Real Estate Development Company has invested Dhs122.3 million ($US33.2 million) in the recently-launched Liwan project. (Mon, 04 Dec 2006 00:18:06 GMT)

A real estate giant awakens
INDIA’S booming economy and more liberalised laws for foreign direct investment (FDI) are creating waves in the real estate market. (Mon, 04 Dec 2006 00:28:57 GMT)

Media Video to spin off real estate division
MUMBAI, Dec 4 (Reuters) - Electronic goods maker Media Video Ltd. said on Monday its board has approved spinning off its real estate division. (Mon, 04 Dec 2006 03:31:26 GMT)

Analytical model shows real estate in 2007 will stabilize and then rally till 2009 to quiet all the bears – then all
Analytical and quantitative models are predicting something that matches with the theory that contrarians would like. In the middle of biggest gloom and doom, the models are saying real estate will stabilize in 2007 and actually resume its bull run till 2009-2010 to quiet all the bears. (Mon, 04 Dec 2006 03:53:29 GMT)

Neville Island real estate firm sees millions in 100-acre landfill
A Neville Island real estate company is looking to potentially produce millions of dollars per year of natural gas from a 100-acre landfill in Imperial. (Mon, 04 Dec 2006 05:05:49 GMT)

Briefing - Asia Real Estate - Dec 4, 2006
An executive briefing on real estate for Dec 4, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Mon, 04 Dec 2006 05:24:00 GMT)

Briefing - ASIA REAL ESTATE - Dec 4, 2006
Sales of completed homes in Taiwan in November increased 29.8 per cent in value over the same month last year, according to statistics released Sunday by Sinyi Real Estate Inc., Taiwan's largest housing agent. (Mon, 04 Dec 2006 05:31:13 GMT)

Number of new real estate agents drops with market
As home sales stall, the job of real estate broker is losing its luster. According to new numbers from the state, fewer people are jumping into the real estate business. (Mon, 04 Dec 2006 05:37:15 GMT)

Bell: Why Fidelity likes Europe, Japan for real estate
Stephen M. Bell joined Pembroke Real Estate, the real estate investment arm of Fidelity Investments, as president and managing director in 2004 with the charge to grow and diversify Fidelity's real estate portfolio. Bell works out of Pembroke's London office, where the real estate firm has acquired at least four assets over the last 18 months. (Mon, 04 Dec 2006 05:38:38 GMT)

Real estate data varies depending on source
NORTHEAST FLORIDA -- Real estate experts agree that the market has changed, but based on the data they gather and how they analyze it, they don't always agree on how much. (Mon, 04 Dec 2006 05:52:55 GMT)

Attorneys in turf battle over real estate closings
The state's association of real estate attorneys is taking aim at a Pittsburgh company -- and perhaps others -- that are cutting lawyers out of the business of closing transactions. (Mon, 04 Dec 2006 06:36:59 GMT)

Israeli Companies To Invest $100 Mln In Indian Real Estate
(RTTNews) - Two Israeli companies, namely, Israel's Property and Building Corp, a subsidiary of the country's largest holding company IDB Development Corp, and Electric Limited joined hands to invest $100 million in the booming real estate sector of India. (Mon, 04 Dec 2006 07:38:16 GMT)

Lovells handed instruction for Indian real estate AIM flotation
Lovells has scored its first Indian real estate AIM flotation off the back of a referral from Deutsche Bank. (Mon, 04 Dec 2006 11:23:22 GMT)

Al Tijaria Real Estate Co. reveals project developments
Al Tijaria Real Estate Company, the largest Kuwaiti Real Estate company with total assets of US$ one billion, has revealed major developments in the GCC at Cityscape, the International Property Investment and Development event held annually in Dubai. (Mon, 04 Dec 2006 12:05:22 GMT)

Luxury Real Estate Snapshot: Vermont
To many people Vermont conjures up images of pristine wilderness, weather-beaten farmers, aging hippies, skiing, and Ben & Jerry's ice cream. What most people probably don't think of is luxury real estate. They should think again. (Mon, 04 Dec 2006 13:08:41 GMT)

American Real Estate Partners, L.P. Submits Proposal Letter to Reckson Associates Realty Corp.
NEW YORK, Dec. 4 /PRNewswire-FirstCall/ -- American Real Estate Partners, L.P. ("AREP") today submitted a proposal letter to Reckson Associates Realty Corp. ( (Mon, 04 Dec 2006 13:14:23 GMT)

Icahn's American Real Estate Makes $49 a Share Bid for Reckson
Dec. 4 (Bloomberg) -- Carl Icahn's American Real Estate Partners LP made a $49-a-share offer for Reckson Associates Realty Corp. after two partners withdrew from his earlier bid. (Mon, 04 Dec 2006 13:53:57 GMT)

Real Estate / Niagara County property transactions
These real estate transactions are listed in the records of the Niagara County clerk. In most cases, the address and the exact price of the property are not given. Amounts listed below are calculated by the amount of real estate transfer tax paid. (Mon, 04 Dec 2006 13:58:36 GMT)

American Real Estate Submits Reckson Bid
American Real Estate Partners LP, which is majority owned by financier Carl Icahn, on Monday submitted a $4.3 billion cash and stock bid for real estate investment trust Reckson Associates Realty Corp. (Mon, 04 Dec 2006 14:20:33 GMT)

Harris County introduces 'paperless' real estate deals
Harris County will begin using the Landata e-Recording System on Dec. 5, marking an important step toward implementing a paperless real estate transaction. (Mon, 04 Dec 2006 17:16:25 GMT)

Quebec's Cominar Real Estate Investment Trust combines with Alexis Nihon REIT
MONTREAL (CP) - Cominar Real Estate Investment Trust (TSX:CUF.UN) is paying more than $500 million to acquire Alexis Nihon Real Estate Investment Trust (TSX:AN.UN) as two of Quebec's biggest property owners merge into one of Canada's larger real estate trusts. (Mon, 04 Dec 2006 18:28:00 GMT)

Commercial real estate lures new buyers to Chicago
(Crain's) -- Looking good, Chicago. The metro area's commercial real estate market, with its low vacancy rates and promise of increasing rents, is attracting a number of out-of-town buyers to Chicago for the first time. Many market observers believe investors are taking a shine to the city as ... (Mon, 04 Dec 2006 19:01:12 GMT)

Lessons of a real-estate fund's fast fall
For almost a decade, Phoenix Four appeared to be a rock-solid investment. The real-estate fund racked up double-digit returns for clients across Europe, including Credit Agricole SA, Fortis Bank and Rothschild Bank. It claimed to hold more than $360 million in assets. (Mon, 04 Dec 2006 20:43:32 GMT)

Quebec's Cominar Real Estate Investment Trust teams with Alexis Nihon REIT
Luann Lasalle December 4, 2006 - 5:00 p.m. MONTREAL (CP) - Cominar Real Estate Investment Trust (TSX:CUF.UN) is paying more than $500 million to acquire Alexis Nihon Real Estate Investment Trust (TSX:AN.UN) as two of Quebec's biggest property owners merge. (Mon, 04 Dec 2006 22:01:23 GMT)

Real Estate firm to debut in Albuquerque
Casa Latino Real Estate, a new chain of residential brokerages focusing on the Hispanic community, will debut in Albuquerque and five other U.S. cities. (Mon, 04 Dec 2006 22:11:51 GMT)

Shanghai Real Estate in $106 mln share sale
HONG KONG, Dec 5 (Reuters) - Chinese property firm Shanghai Real Estate Ltd. was selling shares as part of a placement worth up to US$106 million priced at a discount of 4 percent to 7.9 percent below its last closing price, according to a term sheet obtained by Reuters. (Tue, 05 Dec 2006 02:05:25 GMT)

Briefing - Asia Real Estate - Dec 5, 2006
An executive briefing on real estate for Dec 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 Dec 2006 04:29:00 GMT)

Commercial Real Estate Booming in Reno
Realtors from across the area met at the Peppermill on Monday to talk about trends in commercial real estate and where the market is headed. The consensus—while the housing market may be flattening, and home prices dropping, commercial real estate is better than ever. (Tue, 05 Dec 2006 04:33:10 GMT)

BRIEFING - ASIA REAL ESTATE - DEC 5, 2006
Bahrain's Cabinet has taken decision that would boost the property sector by making ownership laws more flexible. Non-Bahrainis will soon be able to buy real estate of 10-storey flat blocks and above throughout the kingdom. Private and tourism investment projects will also be open to them. (Tue, 05 Dec 2006 04:53:43 GMT)

Aspire Real Estate to unveil local and international projects valued at AED15 billion during Cityscape 2006
Aspire Real Estate, a leading real estate marketing and sales company in the Middle East announced today that it will unveil two new projects at Cityscape 2006 alongside a number of recently launched developments. (Tue, 05 Dec 2006 05:20:20 GMT)

Israeli companies to invest US$100 mln in Indian real estate
Jerusalem (ANTARA News/Asia Pulse) - Two Israeli companies have joined hands to invest US$100 million in the booming real estate sector of India. (Tue, 05 Dec 2006 06:37:10 GMT)

Exec provides 'end-to-end' service for commercial real estate clients
The job: Mountain Lakes resident Thomas G. Semler is a principal in the New Jersey office of CRESA (Corporate Real Estate Service Advisors) Partners of Paramus, a corporate real estate advisory firm that specializes in tenant representation and process management. (Tue, 05 Dec 2006 09:05:55 GMT)

South Korea to spur real-estate investment abroad
SEOUL, Dec 5 (Reuters) - South Korea plans to triple the ceiling on investment in overseas real estate to $3 million from $1 million at present, the finance ministry said on Tuesday, a move partly aimed at capping a rallying won. (Tue, 05 Dec 2006 09:07:25 GMT)

Sriram Mills To Demerge Its Real Estate Arm
(RTTNews) - Sriram Mills informed that it might demerge its real estate arm into a separate company. According to sources, the textile arm of Sriram Mills is part of a separate company called Shree Ram Textiles Mills and subsequently changed to Shree Ram Urban Infra last week. (Tue, 05 Dec 2006 10:38:30 GMT)

The Bursting Real Estate Bubble--
With reports from across the country that the real estate bubble has burst, its no surprise that some property owners along the Gulf Coast are on edge. Should they be? Cindy Hendry of Orange Beach put her house on the market just days before we spoke with her. (Tue, 05 Dec 2006 11:34:06 GMT)

Sorouh CEO hails government role in real estate development, cites need for new measures
Abu Dhabi is a great example of how governments can lead the way in opening up the real estate market to facilitate growth. (Tue, 05 Dec 2006 12:05:30 GMT)

Trump praises regional real estate industry's 'can do' attitude
Donald Trump Jr, Executive Vice President of Development & Acquisitions at the Trump Organization, has praised the UAE real estate sector's 'can do' attitude in a keynote address to delegates at the world's largest international property investment and development event, Cityscape Dubai 2006. (Tue, 05 Dec 2006 12:06:10 GMT)

Ahead of the Bell: Real Estate Conference
CapitalSource Inc. and ProLogis will present Tuesday at the Bear Stearns 3rd Annual Real Estate: The Year Ahead conference in New York. (Tue, 05 Dec 2006 14:04:48 GMT)

Ahead of the Bell: Real Estate Conference
CapitalSource Inc. and ProLogis will present Tuesday at the Bear Stearns 3rd Annual Real Estate: The Year Ahead conference in New York. The two-day conference, which began Monday, covers emerging trends in 2007 real estate, and provides insight into investment opportunities in the coming year. (Tue, 05 Dec 2006 14:23:20 GMT)

365 Main Launches Data Center Real Estate Program for Web Hosts
December 5, 2006 – (TopHosts News Brief) – 365 Main Inc. introduced SCALE 365 today, a national program in which 365 Main will make large amounts of high-end data center real estate available at wholesale rates. (Tue, 05 Dec 2006 15:13:02 GMT)

euro adhoc: AIG International Real Estate GmbH & Co. KGaA / Restructuring & Recapitalisations / Share capital increase
05.12.2006 Frankfurt am Main, December 5, 2006 - Today, the general partner ("persönlich haftende Gesellschafterin") of AIG International Real Estate GmbH & Co. KGaA ... (Tue, 05 Dec 2006 16:19:54 GMT)

Fitch Says Coastal Commercial Real Estate Values May Suffer
Despite the light 2006 hurricane season U.S. commercial real estate values in coastal areas still may suffer as insurance companies continue to minimize their exposure windstorm insurance coverage, ac (Tue, 05 Dec 2006 16:28:17 GMT)

Israel stocks continue record run; real estate, banks higher
TEL AVIV (MarketWatch) -- Israeli shares closed at records on Tuesday, with the real estate and banking sectors surging and after holding company Koor Industries said it would shed its remaining holdings in the defense contractor Elbit Systems. (Tue, 05 Dec 2006 17:02:23 GMT)

Top 5 Real Estate Foreclosure Investment Books
The Pre-Foreclosure Property Investor's Kit: How to Make Money Buying Distressed Real Estate -- Before the Public Auction by Thomas Lucier The Pre-Foreclosure Real Estate Handbook: Insider Secrets to Locating and Purchasing Pre-Foreclosed Properties in Any Market by Frankie Orlando The Complete Guide to Investing in Foreclosures by Steve Berges Buying Real Estate Foreclosures by Melissa [... ] (Tue, 05 Dec 2006 17:11:56 GMT)

Real estate broker sues over anti-immigration rule in North Texas
DALLAS - A real estate broker filed a lawsuit Monday alleging members of the Farmers Branch City Council and the city's mayor repeatedly violated the state's open meetings laws to deliberate a series of anti-illegal immigration ordinances. (Tue, 05 Dec 2006 18:04:22 GMT)

Internet Plays Pivotal Role in Real Estate
In a fast paced society where internet savvy consumers are the norm, households can purchase plane tickets, order take-out meals and trade stocks all online. One real estate developer, Phillips Development & Realty (PDR) in partnership with Wood Partners of Atlanta, is capitalizing on this growing internet trend through expanded online features. (Tue, 05 Dec 2006 18:53:15 GMT)

Survey: Commercial real estate market holding up better than residential
It's not a good time to be building or selling homes in Florida, but commercial real estate is doing fine, according to researchers at the University of Florida. (Tue, 05 Dec 2006 19:35:42 GMT)

Agnelli family considers US real estate investment
Italy’s Agnelli family is considering a return to investing in the US and is negotiating to take control of Cushman & Wakefield, the real estate services company. (Tue, 05 Dec 2006 22:13:39 GMT)

A Slam-Dunk in Houston Real Estate
Ex-Houston Rockets star Hakeem Olajuwon is becoming as celebrated in Houston?s real estate circles as he was on the basketball court. (Wed, 06 Dec 2006 02:48:25 GMT)

Ex-NBA star has a slam-dunk in Houston real estate
Olajuwon makes an estimated $100 million in deals. HOUSTON — A former player for the Houston Rockets is becoming as celebrated in the city's real estate circles as he was on the basketball court. (Wed, 06 Dec 2006 04:36:19 GMT)

Hypo Real Estate launches A$100 mln 2-year bonds
SYDNEY, Dec 6 (Reuters) - German property lender Hypo Real Estate has launched and priced A$100 million ($79 million) of two-year Kangaroo bonds, sole lead manager TD Securities said on Wednesday. (Wed, 06 Dec 2006 04:45:07 GMT)

Hypo Real Estate launches A$100 mln 2-year bonds
SYDNEY, Dec 6 (Reuters) - German property lender Hypo Real Estate HRXG.DE has launched and priced A$100 million ($79 million) of two-year Kangaroo bonds, sole lead manager TD Securities said on Wednesday. (Wed, 06 Dec 2006 04:46:05 GMT)

Briefing - Asia Real Estate - Dec 6, 2006
An executive briefing on real estate for Dec 6, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Wed, 06 Dec 2006 05:48:00 GMT)

BRIEFING - ASIA REAL ESTATE - DEC 6, 2006
The world economy will see recession in 2008 and China's real estate will encounter high risks, predicted by Xie Guozhong, former chief economist of Morgan Stanley in Asia-Pacific region. (Wed, 06 Dec 2006 05:55:20 GMT)

Commercial Real Estate
Washington Post business columnist Steven Pearlstein will be online to discuss the commercial real estate bubble. (Wed, 06 Dec 2006 06:47:33 GMT)

Hakeem Olajuwon a real estate rocket man
HOUSTON - A former player for the Houston Rockets is becoming as celebrated in the city's real estate circles as he was on the basketball court. (Wed, 06 Dec 2006 11:30:29 GMT)

Company buys back real estate affiliate
National commercial real estate firm CB Richard Ellis Group Inc. has bought back its independently owned Hawai'i affiliate nearly seven years after selling the unit to a group of employees. (Wed, 06 Dec 2006 13:01:35 GMT)

Would you like to know how and when you are obligated to pay taxes on real estate transfers?
According to Law No. 357/1992 Coll., transfer against payment for or change of ownership of real estate is subject to real estate transfer tax. The financial office in whose district the transferred real estate is located is the local relevant tax administrator for filing a return for this tax. (Wed, 06 Dec 2006 14:21:57 GMT)

Survey: Commercial real estate market holding up better than residential
It's not a good time to be building or selling homes in Florida, but commercial real estate is doing fine, according to researchers at the University of Florida. (Wed, 06 Dec 2006 15:02:04 GMT)

UF: Real estate news better for business properties
While some industry-watchers don't give a very merry outlook for single-family home and condominium sales in Florida, new findings points to reasons to cheer the real estate tidings for business properties. (Wed, 06 Dec 2006 15:17:33 GMT)

Real estate company Magi expanding services
Rick Rodriguez, CEO and founder of locally based Magi Real Estate Services, announced that his company has branched into third-party services for commercial real estate owners. (Wed, 06 Dec 2006 15:36:25 GMT)

ECM Real Estate IPO Price EUR47 Or CZK1,318.3/Share
PRAGUE -(Dow Jones)- ECM Real Estate Investments AG, a Luxembourg property developer active in the Czech Republic and central Europe, has set its initial public offering price at EUR47, or 1,318.3 koruna, a share, the offering's manager Ceska Sporitelna bank said Wednesday. (Wed, 06 Dec 2006 17:37:46 GMT)

*Temple Real Estate Investment Trust Declares Quarterly Distribution Of C$0.14 Per Unit; Record Dec. 15/ Payable Dec. 29
(RTTNews) - Temple Real Estate Investment Trust (TR_U.TO) declares quarterly distribution of c$0.14 per unit; record dec. 15/ payable dec. 29. (Wed, 06 Dec 2006 17:52:56 GMT)

Listings up, sales down: real estate board
November real estate sales were down 1% from this time last year, according to the Winnipeg Real Estate Board. But board officials say the market hasn’t noticably slowed down, noting dollar volume was up 15% and listings were up 1%. (Wed, 06 Dec 2006 18:32:38 GMT)

US Agencies Issue Guidance On Business Real Estate Loans
WASHINGTON -(Dow Jones)- U.S. bank regulators Wednesday issued guidelines to help prevent imprudent commercial real estate lending, taking into account some financial industry concerns that a draft version was too onerous. (Wed, 06 Dec 2006 19:37:56 GMT)

Police: Women Targeted Real Estate Agents
Two women who were apparently pretending to be interested in buying new homes to steal from real estate agents were taken into custody, police said. (Wed, 06 Dec 2006 21:47:31 GMT)

UPDATE: US Agencies Target Commercial Real Estate Loans
WASHINGTON -(Dow Jones)- U.S. bank regulators Wednesday issued guidelines to help prevent imprudent commercial real estate lending, taking into account financial industry concerns that a draft version was too onerous. (Thu, 07 Dec 2006 00:08:14 GMT)

Duke Realty Announces Acquisition of Bremner Healthcare Real Estate
Duke Realty Corporation (NYSE:DRE) ("Duke") today announced that it has agreed in principle to acquire Bremner Healthcare Real Estate ("Bremner Healthcare"), a national healthcare development and management firm. (Thu, 07 Dec 2006 01:29:28 GMT)

Regulators clamp down on commercial real estate lending
Federal regulators on Wednesday tightened oversight of commercial real estate lending, warning that many banks are carrying a high concentration of such loans. The regulators want to prevent any repeat of the 1980s, when the real estate market plummeted, taking many banks down with it. (Thu, 07 Dec 2006 01:35:51 GMT)

New Heights in Real Estate Prices as New York Building Brings $1.8 Billion
The Kushners, a New Jersey real estate family, are paying three times what the seller paid for the building six years ago. (Thu, 07 Dec 2006 03:33:15 GMT)

Briefing - Asia Real Estate - Dec 7, 2006
An executive briefing on real estate for Dec 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 Dec 2006 04:19:00 GMT)

BRIEFING - ASIA REAL ESTATE - DEC 7, 2006
Real estate companies recorded some of the biggest revenue growth in the April-September half, according to data The Nihon Keizai Shimbun compiled from nonfinancial firms listed on Japan's three start-up markets. (Thu, 07 Dec 2006 04:24:22 GMT)

Real estate agency fined for deception
An Auckland real estate agency has been ordered to pay near a million dollars after being found guilty of misleading and deceptive conduct. (Thu, 07 Dec 2006 05:09:22 GMT)

Real estate company faces whopper fine
A leading Auckland real estate company faces a fine of nearly $1 million for misleading and deceptive conduct. Premium Real Estate allegedly sold a North Shore property well below its market value. (Thu, 07 Dec 2006 07:03:53 GMT)

Home sellers, real-estate agents to get free ads on Zillow
Beginning today, Zillow will allow homeowners and real-estate agents to advertise for-sale properties on its Web site at no cost. The Seattle-based company, which... (Thu, 07 Dec 2006 08:10:07 GMT)

MANHATTAN BUCKS REAL-ESTATE SLUMP
The rest of the country may be in a housing slump, but Manhattan apartment prices keep going through the roof, a new survey shows. The median price of an apartment in the most expensive urban real estate market in the nation rose 6 percent in the... (Thu, 07 Dec 2006 10:41:45 GMT)

Cold front predicted to hit region’s real estate market in 2007
The region’s real estate market is warm, but a cold front may be coming in 2007, according to a recent government report. (Thu, 07 Dec 2006 11:04:34 GMT)

Couple sue over real estate nightmare
A Salida couple is suing a group that offers real estate deals at a Ceres flea market, claiming that the company didn't deliver on promises to sell their home and get them a better one. (Thu, 07 Dec 2006 12:34:54 GMT)

Regulators issue final commercial real estate guidance
The four federal bank regulators on Wednesday issued long-awaited final guidances on commercial real estate lending. (Thu, 07 Dec 2006 14:32:27 GMT)

Florida Real Estate Agent Amanda Baggett Hits the Highway - Literally - as the Winner of a Beautiful 2006 Porsche
OKLAHOMA CITY, Dec. 7, 2006 -- Real estate agent Amanda Baggett of northeastern Florida is the winner of the latest high-end luxury car giveaway from a la mode, one of the most mission critical and influential companies in the real estate technology industry, the company announced today. (Thu, 07 Dec 2006 15:21:52 GMT)

Watson Real Estate Management buys 400-unit Arbour Apartments
Watson Real Estate Management Co. bought the 400-unit Arbour Apartments in Orlando from an out-of-state private investment group for an undisclosed amount. (Thu, 07 Dec 2006 16:18:40 GMT)

Texas real estate companies merge, plan Austin expansion
Fort Worth companies Integra Realty Resources and Real Estate Valuation Consultants Inc. have announced a merger with plans to expand into other Texas markets including Austin. (Thu, 07 Dec 2006 16:36:49 GMT)

Dimensional Fund Advisors To Launch New Global Real Estate Fund
Matt Hougan submits: With the U.S. real estate market teetering, investors are increasingly looking overseas for ways to access the popular real estate asset class. Recently, Northern Trust launched the worlds first global real estate index fund, and global real estate indexes are all-the-rage. (Thu, 07 Dec 2006 17:31:29 GMT)

Real estate company faces whopper fine
A leading Auckland real estate company faces a fine of nearly $1 million for misleading and deceptive conduct. Premium Real Estate allegedly sold a North Shore property well below its market value. (Thu, 07 Dec 2006 18:34:23 GMT)

Regulators issue final commercial real estate guidance
The four federal bank regulators issued long-awaited final guidances Dec. 6 on commercial real estate lending. (Thu, 07 Dec 2006 19:17:14 GMT)

Two Web sites join Zillow in offering real estate sales
Kirkland-based HouseValues and Emeryville, Calif.-based HomeGain introduced new services Thursday that will allow real estate agents to add for sale listings to select Web sites. (Fri, 08 Dec 2006 04:38:01 GMT)

Briefing - Asia Real Estate - Dec 8, 2006
An executive briefing on real estate for Dec 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 Dec 2006 07:40:00 GMT)

BRIEFING - ASIA REAL ESTATE - DEC 8, 2006
Mizin, a member of Tatweer, specializing in real estate development, has announced the launch of Arjan, a distinctive mixed use project with expected investments of AED 20 billion (US$5.4 billion) over the next 3 years. (Fri, 08 Dec 2006 07:57:17 GMT)

Real estate market isn't single entity, but many
Is real estate heating up, cooling down, headed for a deeper freeze, or just hanging in there despite the challenges? (Fri, 08 Dec 2006 08:49:17 GMT)

Cities want access to real estate prices
At least five Dallas County cities are putting their weight behind a proposal supported by Texas appraisal districts to require disclosure of real estate sales prices, a measure they say would lead to more accurate property tax rolls. (Fri, 08 Dec 2006 08:55:09 GMT)

Real estate going high-tech
It may come as no revelation to anyone looking at a computer screen at this moment, but the National Association of Realtors reports technology "is dominating many aspects of the real-estate transaction process." (Fri, 08 Dec 2006 09:12:00 GMT)

Real Estate
The unique publication and web service for real estate capital owners and their advisors. (Fri, 08 Dec 2006 11:35:58 GMT)

CapitaLand expects to grow real estate investment trusts from 4 to 10 by 2009
SINGAPORE: CapitaLand expects to more than double its number of real estate investment trusts, or REITs, to 10 in the next three years. Among those in the pipeline is an Islamic trust which can come on stream as soon as next year. (Fri, 08 Dec 2006 11:47:14 GMT)

The Real Estate Bubble
A bit over a year ago, I wrote an article for the E-Commerce Times entitled "Is the Real Estate Bubble About to Burst?" At that time, it seemed that prices would continue to rise indefinitely. In the article, I wasn't so foolish as to predict when the bubble would burst, or even that it would burst. (Fri, 08 Dec 2006 13:09:30 GMT)

Real estate boom to continue: experts
Chennai, Dec 8 (IANS) The boom in the real estate sector in India is likely to continue for the next 10 years, experts said here Friday, cautioning the industry to 'behave responsibly'. (Fri, 08 Dec 2006 13:36:44 GMT)

Brazil Real Estate Co Cyrela Holders Approve Stock Split
SAO PAULO -(Dow Jones)- Shareholders of Brazil real estate developer Cyrela Brazil Realty SA (CYRE3.BR) have approved a 2-for-1 stock split plan, the company said Friday. (Fri, 08 Dec 2006 14:39:20 GMT)

Regulators issue final commercial real estate guidance
The four federal bank regulators on Wednesday issued long-awaited final guidances on commercial real estate lending. (Fri, 08 Dec 2006 15:22:41 GMT)

Real Estate Site Zillow.Com(TM) Announces Major Upgrade; Homeowners and Agents Can Now Post Homes for Sale, for Free
SEATTLE, Dec. 7 /PRNewswire/ -- Leading real estate Web site Zillow. (Fri, 08 Dec 2006 17:07:14 GMT)

Real estate transactions
Residential real estate transactions over $200,000 filed with the Clark County Assessor from Oct. 1-15. The information includes seller's name, buyer's name, property location, description, price and closing date. (Fri, 08 Dec 2006 18:07:56 GMT)

Houston makes Top 10 real estate list
HomeVestors of America Inc. has named Houston the 10th-best market for real estate investing in 2006. (Fri, 08 Dec 2006 18:29:50 GMT)

Coldwell Banker.com named top real estate web site
The Coldwell Banker® national Web site, ColdwellBanker.com , was named the Best Real Estate Web Site by the Web Marketing Association in its 2006 WebAward Competition. (Fri, 08 Dec 2006 19:59:27 GMT)

Real estate reads
By the end of the year, my desk is piled high with press releases, newspaper clippings and books. Lots of books; too many to ignore for another year. So, dear reader, as I go in search of my desk top, I do so with you in mind. Here's what I found. "Closing Costs," by Seth Margolis, is a novel that chronicles the wackiness of the high-buck Manhattan real estate market through the experiences of a (Fri, 08 Dec 2006 20:39:51 GMT)

Real Estate Weekly -- Dec. 8
Real estate professionals say that housing markets throughout the country are now normalizing after the recent boom. The slowdown in home-price gains is a correction, they say, and then predict better times in the coming year. (Fri, 08 Dec 2006 20:46:25 GMT)

Broadway Real Estate Partners Closes $590M Fund
Broadway Real Estate Partners L.L.C. closed on a $590 million private equity fund targeting valued-added features in North American office sector markets. (Fri, 08 Dec 2006 23:08:18 GMT)

Central bank urges caution on real estate fluctuations
The central bank has warned that fluctuations in the real estate market may threaten banking security. (Fri, 08 Dec 2006 23:39:54 GMT)

Other News in Brief: Crescent Real Estate Announces Several Leasing Transactions in Colorado; NFL Approves $300M Loan
Crescent Real Estate Equities Co. announced today 214,334 square feet of renewal, expansion and new commercial office leases at the company’s Colorado office properties. (Sat, 09 Dec 2006 00:08:18 GMT)

Central bank urges caution on real estate fluctuations
The central bank has warned that fluctuations in the real estate market may threaten banking security. In its "Financial Stability Report 2006," which was published on Thursday, the People's Bank of China said the overall performance of 16 major commercial banks had improved by the end of 2005. (Sat, 09 Dec 2006 02:54:53 GMT)

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