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Real Estate News Feb 2007

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Man Sues Attorney, Real Estate Investor
BENTONVILLE -- A Rogers man has filed a lawsuit against a Bentonville attorney and a real estate investor, saying they mismanaged his money, knowing he was severely dyslexic and had spent time in a mental treatment facility. (Sat, 17 Feb 2007 09:27:47 GMT)

Amendment to law concerning ownership of real estate in Abu Dhabi enables ALDAR's shares to be owned by non-UAE ...
The amending law provides that, among other matters, the right of ownership of real estate in the Emirate of Abu Dhabi shall be extended to persons, companies and entities specified by a resolution of the Executive Council. (Sat, 17 Feb 2007 10:09:09 GMT)

Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Sat, 17 Feb 2007 10:31:59 GMT)

Young real estate firm finding success despite slow market
When three Scottsdale businessmen teamed up to start a real estate company in late 2005, the housing market was starting a downward spiral. (Sat, 17 Feb 2007 10:39:59 GMT)

Tax issues arise for real estate IRA investments
Q In response to your recent article, I questioned whether it would be a good idea to hold real estate in an IRA and sell it during the life of the IRA so the gain would stay in the IRA. When any distributions are made from the IRA, the income is taxed as ordinary income. If you hold real estate as an investment outside of the IRA, any gain on the sale would be taxed at the federal capital gains ... (Sat, 17 Feb 2007 11:02:33 GMT)

No Real Estate Tax Increase For East Goshen
EAST GOSHEN -- Residents do not have to worry about an increase in real estate taxes as part of the budget for 2007. (Sat, 17 Feb 2007 12:51:51 GMT)

Real Estate Briefcase: SAYREP to hold its February mixer
The San Antonio Young Real Estate Professionals will hold a mixer from 5:30 to 7:30 p.m. (Sat, 17 Feb 2007 15:48:10 GMT)

New real estate business offers clients ‘more for less’
More for less. That’s the motto Darrick Wika and Blair Collins say they stand by in business. The pair has been selling real estate since May but made their official launch at the home show this past Saturday. (Sat, 17 Feb 2007 18:24:11 GMT)

Reality in real estate
KUSA - Realtor Petur Workman visited 9NEWS at 7 a.m. and offered the following real estate stats and advice... (Sat, 17 Feb 2007 18:43:34 GMT)

Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Sat, 17 Feb 2007 19:30:01 GMT)

Webcast Charts Global Real Estate Capital Flows
FEBRUARY 07, 2007 -- New York--The country's mixed economic messages, positive investment trends and evolving Sarbanes-Oxley accounting requirements were up for discussion during a wide-ranging, one-hour educational Webcast on "2007 Global Commercial Real Estate Capital Flows: Let the Good Times Roll On?," held on Feb. 6. by Deloitte Touche Tohmatsu, a global professional services firm. (Sat, 17 Feb 2007 21:13:11 GMT)

No Real Estate Tax Increase For East Goshen
EAST GOSHEN -- Residents do not have to worry about an increase in real estate taxes as part of the budget for 2007. (Sat, 17 Feb 2007 21:21:54 GMT)

No Real Estate Tax Increase For East Goshen
EAST GOSHEN -- Residents do not have to worry about an increase in real estate taxes as part of the budget for 2007. (Sat, 17 Feb 2007 23:00:36 GMT)

China punishes 415 people in real estate corruption cases
China has punished 415 people in major corruption investigations into the real estate sector this year, according to the Ministry of Construction. Sixty-eight percent of the 415 were from government organs, the remainder were from private enterprises, said the ministry. (Sun, 18 Feb 2007 03:24:14 GMT)

Optimistic report challenges the correction consensus on Dubai real estate
Several blue-chip reports on Dubai real estate have established a consensus view that the market is heading for a significant correction next year after a transition during 2007. But the recently formed Richville Advisory Group has published its own optimistic assessment which challenges this gloomy conclusion. (Sun, 18 Feb 2007 04:53:48 GMT)

Real estate news in brief: Construction rates, sales rates
A list of recent real estate construction rates and sales rates. (Sun, 18 Feb 2007 05:10:18 GMT)

Real Estate Briefs: Feb. 18, 2007
A list of real estate related news briefs. (Sun, 18 Feb 2007 05:10:46 GMT)

China punishes 415 leading players in real estate corruption cases
China has punished 415 people in major corruption investigations into the real estate sector this year, according to the Ministry of Construction. (Sun, 18 Feb 2007 05:28:19 GMT)

Man Sues Attorney, Real Estate Investor
BENTONVILLE -- A Rogers man has filed a lawsuit against a Bentonville attorney and a real estate investor, saying they mismanaged his money, knowing he was severely dyslexic and had spent time in a mental treatment facility. (Sun, 18 Feb 2007 07:41:34 GMT)

Real Estate Transactions
Real estate transactions recorded at the Manatee County Courthouse: (Sun, 18 Feb 2007 08:09:56 GMT)

Don't worry; invest in real estate
Fifth in a series ''Why buy real estate in a flat market?'' That is the essence of a question my airline seatmate asked me after he learned I invest in and write about real estate. But rather than answer his question directly, I asked him, ``Do you own your home?'' (Sun, 18 Feb 2007 08:12:08 GMT)

New real estate tax exemption in Hamilton
HAMILTON --To encourage and reward those who have improved their homes, a new real estate tax exemption is available to owners of homes at least 20 years old. (Sun, 18 Feb 2007 08:43:43 GMT)

Gulf Emirate Plans USD 817 mln Real Estate Investment in Georgia
The Gulf emirate of Ras al-Khaimah and Georgia have agreed on business partnership to implement USD 817 million real estate investment project in Georgia, GulfNews reported on February 18. (Sun, 18 Feb 2007 11:29:23 GMT)

Khuyool Investments invests AED 8 billion in real estate projects in Dubai
Khuyool Investments, a Dubai based Investment company, announced today plans for its foray in the real estate industry in Dubai, with an investment of Aed 8 billion. Khuyool announced the launch of its first project called “Abjar Tower”, a 62 floor, Aed500 million luxury residential development. (Sun, 18 Feb 2007 12:51:15 GMT)

Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Sun, 18 Feb 2007 13:13:54 GMT)

Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Sun, 18 Feb 2007 17:15:05 GMT)

Real estate transactions
Residential real estate transactions over $200,000 filed with the Clark County Assessor from Dec. 16-31. The information includes seller's name, buyer's name, property location, description, price and closing date. Below are some of the 646 home sales from December. (Sun, 18 Feb 2007 19:18:10 GMT)

Real estate fund
I want to invest in real estate venture funds and portfolio management schemes. Could you please give references with address where I can contact for details? (Sun, 18 Feb 2007 21:41:12 GMT)

How did commercial real estate do in 2006?
In the realm of commercial real estate last year, the market for retail space was the hottest. (Mon, 19 Feb 2007 00:58:26 GMT)

Real estate sector a hotbed for power-for-money deals: Minister
China's Minister of Construction has warned that the country's real estate industry has become a hotbed for power-for-money deals. (Mon, 19 Feb 2007 01:26:25 GMT)

Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Mon, 19 Feb 2007 01:39:04 GMT)

In the middle of real estate bubble burst and banking collapse how do you protect yourself against deflation?
Real Estate is collapsing from ground up. The mortgage defaults are skyrocketing. Many household who took equity out from home various purposes are paying their massive first, second, third mortgage and line credit interest by borrowing more from their home and personal loans. (Mon, 19 Feb 2007 02:29:38 GMT)

Briefing - Asia Real Estate - Feb 19, 2007
An executive briefing on real estate for Feb 19, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Mon, 19 Feb 2007 04:28:00 GMT)

Publix real estate: Where flipping is a pleasure
Looking to get rich quick in real estate? Forget flipping condos or snapping up fixer-uppers - that's so 2004. (Mon, 19 Feb 2007 05:16:29 GMT)

Real estate women sail with CREW
It was not that long ago, circa 1993, when one would walk into any Cincinnati commercial real estate networking event with 100 in attendance and see as few as four to six women. A field largely dominated by men, the local networking venues were referred to by women and some men as "old boy clubs." (Mon, 19 Feb 2007 06:08:12 GMT)

NYC firms add to ever-changing real estate landscape
Get your Rolodex out because there are changes ahead on the Boston real estate landscape. (Mon, 19 Feb 2007 06:11:05 GMT)

Fuller Real Estate's Mosko working on large listings
Stew Mosko, broker for Denver-based Fuller Real Estate Co., has $200 million worth of land listings. Though he's been known throughout the local commercial real estate industry for his many land deals, his current volume of listings is unprecedented. (Mon, 19 Feb 2007 06:12:15 GMT)

Real estate agents see marked improvement
Across Southwest Florida, real estate agents are reporting sales, showing activity and buyer interest that suggests the region could be emerging from its real estate doldrums. (Mon, 19 Feb 2007 09:42:01 GMT)

A real estate windfall? Affordable homes galore
A funny thing has happened along the way to the non-bursting of the non-bubble in the North Bay real estate market: Suddenly, a good chunk of affordable, market-rate housing is available. (Mon, 19 Feb 2007 11:21:40 GMT)

Czechs to start making money in real estate
Česká spořitelna subsidiary Reico will launch the first real-estate fund for small investors in March, promising a yield of 4 to 7 percent per year. Betting on realty tends to be less risky than other types of investment. (Mon, 19 Feb 2007 12:12:11 GMT)

DGAP-News: Colonia Real Estate AG: CRE Fonds Management GmbH places first institutional fund product over Euro 57 ...
DGAP-News: Colonia Real Estate AG: CRE Fonds Management GmbH places first institutional fund product over Euro 57 million - Open-end real estate special fund acquires assets - Further plac (Mon, 19 Feb 2007 12:21:23 GMT)

Al Salam Bank establishes new real estate company with co-investors
Al Salam Bank, one of the strongest recent entrants into the region's Islamic banking sector, today along with co-investors announced the establishment of a new real-estate company which will promote a number of property development projects in Bahrain, which is experiencing a fast growing construction boom. (Mon, 19 Feb 2007 12:53:58 GMT)

Al Salam, new real estate firm
The Al Salam Bank has established a new real estate company alongside co-investors which will promote a number of property development projects in Bahrain. (Mon, 19 Feb 2007 13:08:48 GMT)

Signature GMAC joins learning center to offer real estate classes
Signature GMAC is teaming up with the Florida Real Estate Learning Center to establish a real estate school to be unveiled next month. (Mon, 19 Feb 2007 13:33:04 GMT)

Real estate wrap: Shredder maker moving
Real estate wrap is the Philadelphia Business Journal's weekly list of recent significant commercial deals. On the list this week: A maker of paper shredders is moving to a new location in the same Chester County town. (Mon, 19 Feb 2007 14:25:59 GMT)

NYC real estate stays hot, despite national trend
NEW YORK — The city’s housing market is hot again in spite of a tepid market in many other urban areas, according to preliminary indications from real estate firms, The New York Times reported in Monday’s edition. (Mon, 19 Feb 2007 15:21:59 GMT)

Real estate market still hot
The desperation buying after Hurricane Katrina in 2005 is over, but the real estate market in Tangipahoa Parish still sizzles. (Mon, 19 Feb 2007 16:50:59 GMT)

Healthy real estate sector indicates healthy consumer purchasing power and healthy economy
Real Estate is linked to the fortunes of the proverbial "middle class" in any open economy: proverbial middle class because any treatise on free economy would testify to the fact that the emergence of a middle class means that a free economic system is working. (Mon, 19 Feb 2007 17:11:39 GMT)

Real estate transactions
Residential real estate transactions over $200,000 filed with the Clark County Assessor from Dec. 16-31. The information includes seller's name, buyer's name, property location, description, price and closing date. Below are some of the 646 home sales from December. (Mon, 19 Feb 2007 17:48:08 GMT)

Clark County real estate roundup
Recent commercial real estate transactions as reported by area brokerage firms. Accent Business Services has leased 2,856 square feet of office space from Erickson Realty in the Greenwood Office Center, 7710 N.E. Greenwood Drive, Suite 170, Vancouver. (Mon, 19 Feb 2007 17:48:18 GMT)

REAL ESTATE AGENCIES
Becar (show on map) Becar company has been in the Russian real estate market for more than 14 years. Becar is guided by three principles in its work: reliability, standards, leadership. Reliability means a longstanding record of activities in the market together with our own business centers. (Mon, 19 Feb 2007 20:52:06 GMT)

Over EUR 800 M, taxes from real estate transactions in 2006
Bucharest - The real estate remains in the top most active sectors in Romania. In 2006, the amount of the fees cashed by the public notaries further to transactions with lands and houses reached EUR 83 M. (Mon, 19 Feb 2007 20:55:26 GMT)

Report: Houston retail real estate is 'in'
Houston's retail real estate market continued to grow in 2006, thanks to demand-based construction and active leasing from new and expanding retailers. (Mon, 19 Feb 2007 21:36:21 GMT)

Foreign investors spend $1.6b on WA real estate
Foreign investors jumped on to WA’s runaway real estate market last financial year, pouring more than $1 billion into vacant land earmarked for new homes and off-theplan purchases. (Mon, 19 Feb 2007 23:06:27 GMT)

Golf tournament could boost real estate market
Some of the best golfers in the world are in Southwest Florida for the ACE Group Classic. The tournament doesn't just benefit golf enthusiasts, it could boost the real estate market. (Mon, 19 Feb 2007 23:44:39 GMT)

Queensland 400 real estate company goes global
Yong Real Estate, a Q400 company, has appointed three regional managers to expand their Queensland operation and take the company global. Peter Huang, founder of Yong, plans to launch the franchise Australia-wide, as well in China, America, Europe, and the rest of Asia. (Tue, 20 Feb 2007 00:16:28 GMT)

Developers Diversified and Inland Retail Real Estate Trust, Inc. Announce Calculation of Stock Merger Consideration
Developers Diversified (NYSE: DDR), theleading owner, operator and developer of market-dominant community centersin the U.S., and Inland Retail Real Estate Trust, Inc. ('IRRETI') announcedtoday that in connection with Developers Diversified's proposed acquisitionof IRRETI, IRRETI shareholders will receive a 0.021569 common share ofDevelopers Diversified and $12.50 in cash for each share of IRRETI ... (Tue, 20 Feb 2007 02:38:35 GMT)

• Florida Real Estate Investing
The essential steps in Florida real estate investing is getting to know your market and knowing how to put value on the properties. These steps are very important especially to the first time Florida real estate investor. (Tue, 20 Feb 2007 03:43:21 GMT)

Briefing - Asia Real Estate - Feb 20, 2007
An executive briefing on real estate for Feb 20, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. BAHRAIN'S IIB REPORTS PROFITABLE EXIT FROM ONE@BUSINESSBAY (Tue, 20 Feb 2007 04:13:00 GMT)

• How to Start Investing In Tampa Real Estate
Now, how does one start investing in Tampa real estate? Do you find it as a big question? There are some steps to take into consideration which can lead to your goal of investing in Tampa real estate and to make the investing a successful one. (Tue, 20 Feb 2007 04:43:21 GMT)

Movers: French real estate trust to enter Italian market
Foncière des Régions, one of the largest French real estate investment trusts, will offer €2.6 billion in stock to buy Beni Stabili of Rome and enter the Italian market. (Tue, 20 Feb 2007 06:51:03 GMT)

Real estate executive focuses on Route 80 corridor
The job: A 20-year veteran in real-estate development, Eugene A. Preston is senior vice president and eastern regional manager at Higgins Development Partners, at Headquarters Plaza in Morristown. (Tue, 20 Feb 2007 09:10:27 GMT)

REAL ESTATE FOR RENT
BEST SELECTION of apartments and houses in Kolonaki, Psychico, Filothei, Kifissia, Glyfada and Vouliagmeni. Experience in expatriates' housing needs. Also possible to fully furnish any apartment. HELEN'S REAL ESTATE, 210.77.96.536, 6932.439.170, 6944.844.415, helens@hol.gr. (Tue, 20 Feb 2007 09:20:00 GMT)

Man Sues Attorney, Real Estate Investor
BENTONVILLE -- A Rogers man has filed a lawsuit against a Bentonville attorney and a real estate investor, saying they mismanaged his money, knowing he was severely dyslexic and had spent time in a mental treatment facility. (Tue, 20 Feb 2007 09:57:55 GMT)

Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Tue, 20 Feb 2007 10:34:43 GMT)

Gulf Finance House announces expansion of integrated infrastructure and real estate development team
Gulf Finance House (GFH), the leading Islamic investment bank, today announced the expansion of its integrated infrastructure and real estate development division. (Tue, 20 Feb 2007 10:53:48 GMT)

Commercial Real Estate Transactions
There were 246 Bay Area apartment buildings sold in 2006, down 38 percent from the 394 sold the year before, according to figures from NAI BT Commercial Real Estate. That followed a 3 percent annual drop in 2005. (Tue, 20 Feb 2007 11:16:02 GMT)

Commercial Real Estate News Digest
COMMERCIAL REAL ESTATE NEWS Blackstone Group, the private equity firm that bought Equity Office Properties earlier this month in the biggest leveraged buyout ever, agreed to sell 17 of Equity's former buildings in the San Diego area to closely held Irvine Co. for an undisclosed sum. The buildings sold to Irvine have 2.1 million square feet of suburban office space. The highest sales in suburban ... (Tue, 20 Feb 2007 11:16:29 GMT)

Realogy's Alex Perriello to Keynote the Sixth Annual National Real Estate Online Convention & Exposition
Alex Perriello, president and chief executive officer of the Realogy Franchise Group, will deliver a keynote address entitled, “ Creating Real Value in the Virtual World †during the sixth annual National Real Estate Online Convention&Exposition. (Tue, 20 Feb 2007 12:16:56 GMT)

Colonia buys majority of two real estate firms
FRANKFURT, Feb 20 (Reuters) - Colonia Real Estate bought the majority of two real estate companies with a total of 10,100 residential units and plans to take over the management of the properties, the German company said on Tuesday. (Tue, 20 Feb 2007 12:44:05 GMT)

Golf tournament could boost real estate market
Some of the best golfers in the world are in Southwest Florida for the ACE Group Classic. The tournament doesn't just benefit golf enthusiasts, it could boost the real estate market. (Tue, 20 Feb 2007 17:16:35 GMT)

Having Fun with Real Estate Maps
Barry Ritholtz submits: I mentioned Neighberoo in this weekend's linkfest. Here's a fascinating series of Real Estate related maps : Collateral Risk click to enlarge Home Prices click to enlarge Foreclosure Activity click to enlarge Note that these are a product of integrating Google Maps with housing and population data. ~~~ Two footnotes from Neighboreroo: Collateral Risk Index is a unique way ... (Tue, 20 Feb 2007 18:40:47 GMT)

Hamptons Luxury Homes Launches a New Sales Program, Prudential Douglas Elliman Real Estate is First on Board
Hamptons Luxury Homes (OTCBB:HLXH), a nationally recognized and award-winning luxury homebuilder of custom estate homes, today announced that it has launched a unique formal sales program by executing a definitive agreement with Prudential Douglas Elliman Real Estate in New York. (Tue, 20 Feb 2007 20:12:00 GMT)

Mumbai dons muscle into Bangalore real estate business
In what is believed to be the first overt display of its hand in the Bangalore real estate business, the Mumbai underworld left two people dead following a shooting at a real estate office in the city last week. What's more, the shooter also left behind a calling card of Morocco-based Ravi Pujari, a Mumbai mob operative and former associate of Chota Rajan. The dead were employees of a realty ... (Tue, 20 Feb 2007 20:42:30 GMT)

Trulia Launches Open API to Make Real Estate Information Available to All Developers
Trulia.com, America's intuitive residential real estate search engine, today announced the opening of the Trulia API to the developer community. Trulia created the API with Mashery, which helps companies to build, promote, support and manage access to Web services and data. (Tue, 20 Feb 2007 20:53:36 GMT)

United Real Estate Purchases 154 Acres in Delray Beach
KEY BISCAYNE, Fla., Feb. 20 /PRNewswire/ -- United Real Estate Ventures, LLC (UREV), in partnership with The Crimson Ibis Companies and Ascot Development Group, has acquired 154 acres of entitled land in Delray Beach, Florida. (Tue, 20 Feb 2007 21:21:48 GMT)

Real estate baron Homburg known in Halifax as "high energy," bit of a mystery
HALIFAX (CP) - Quebec's development scene should expect a high-octane character - with a dash of mystery - once Nova Scotian real estate baron Richard Homburg completes his deal to acquire Alexis Nihon Real Estate. (Tue, 20 Feb 2007 22:29:57 GMT)

REAL ESTATE FOR RENT
BEST SELECTION of apartments and houses in Kolonaki, Psychico, Filothei, Kifissia, Glyfada and Vouliagmeni. Experience in expatriates' housing needs. Also possible to fully furnish any apartment. HELEN'S REAL ESTATE, 210.77.96.536, 6932.439.170, 6944.844.415, helens@hol.gr. (Tue, 20 Feb 2007 23:30:46 GMT)

Briefing - Asia Real Estate - Feb 21, 2007
An executive briefing on real estate for Feb 21, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Wed, 21 Feb 2007 04:18:00 GMT)

BRIEFING - ASIA REAL ESTATE - FEB 21, 2007
Setting in motion the country's largest township project under the public-private partnership (PPP) model, the Kolkata Metropolitan Development Authority (KMDA) on Monday signed an agreement with Delhi-based real estate developer DLF for setting up a township at Dankuni. (Wed, 21 Feb 2007 04:48:24 GMT)

Briefing - ASIA Real Estate - Feb 21, 2007
Setting in motion the country's largest township project under the public-private partnership (PPP) model, the Kolkata Metropolitan Development Authority (KMDA) on Monday signed an agreement with Delhi-based real estate developer DLF for setting up a township at Dankuni. (Wed, 21 Feb 2007 04:48:24 GMT)

Real estate firm joins cell-phone program
PALMER - Carlson GMAC Real Estate, 1581 North Main St., has joined the Cell Phones for Soldiers program as an official cell phone collection center. (Wed, 21 Feb 2007 05:24:28 GMT)

Real estate sales agent joins firm
LONGMEADOW - Carlson GMAC Real Estate recently announced that Molly Baker has joined the firm's Longmeadow Shops office as a sales agent. Baker is a 10-year resident of Longmeadow and is active in the town's Parent-Teacher Organization. (Wed, 21 Feb 2007 05:24:38 GMT)

Citigroup Raises $1.29 Billion for First Asia Real Estate Fund
Feb. 21 (Bloomberg) -- Citigroup Inc.'s property unit said it raised $1.29 billion for its first fund to invest in real estate and related assets in the Asia-Pacific region, with a focus on China and India. (Wed, 21 Feb 2007 05:28:10 GMT)

Citigroup Raises $1.29 Billion for First Asia Real Estate Fund
Feb. 21 (Bloomberg) -- Citigroup Inc.'s property unit said it raised $1.29 billion for its first fund to invest in real estate and related assets in the Asia-Pacific region, with a focus on China and India. (Wed, 21 Feb 2007 05:47:51 GMT)

Buyers, sellers, agents save time by using Web in buying real estate
Many home buyers turn to the Web as their first resource. A growing number of people are turning to the Internet to find a home instead of using a real estate agent. (Wed, 21 Feb 2007 06:17:19 GMT)

AREMS, new real estate management company, launched in Jordan
Abdali Investment and Development Psc (Abdali Psc), announced the formation of 'Amman Real Estate Management & Services' (AREMS), a company that will be specialized in real estate consultancy and management. (Wed, 21 Feb 2007 09:09:09 GMT)

Al-Futtaim Capital launches USD500 million real estate fund
Al-Futtaim Capital, the investment and development arm of the Al-Futtaim Group, the leading business conglomerate in the UAE, announced today the launch of a USD500 million real estate development fund. (Wed, 21 Feb 2007 09:39:08 GMT)

Real estate broker picked for library board
A longtime Yakima commercial real estate broker and developer is the newest member of the Yakima Valley Regional Library Board of Trustees. County commissioners Tuesday appointed Jerry Maggard to a five-year term. (Wed, 21 Feb 2007 09:39:55 GMT)

Mumbai dons muscle into Bangalore real estate
In what is believed to be the first overt display of its hand in the Bangalore real estate business, the Mumbai underworld left two people dead following a shooting at a real estate office in the city last week. (Wed, 21 Feb 2007 14:42:44 GMT)

Reel estate to real estate in B'lore
Cola ads are passe for celebrities as they get into advertising for real estate companies in Bangalore. (Wed, 21 Feb 2007 15:03:04 GMT)

Israel stocks mixed; Nice higher, midcaps and real estate off
TEL AVIV (MarketWatch) -- Israel stocks were mixed to lower in late trading, led down by Oil Refineries in its first day on the bourse and dragged further by sharp declines in the MidCap 30 and Real Estate indexes. (Wed, 21 Feb 2007 15:09:46 GMT)

Real estate market still hot
The desperation buying after Hurricane Katrina in 2005 is over, but the real estate market in Tangipahoa Parish still sizzles. (Wed, 21 Feb 2007 17:05:03 GMT)

McGuire Real Estate Appoints New Vice President and Sales Manager of Mill Valley Office
McGuire Real Estate, a San Francisco-based real estate company specializing in luxury real estate, announced today the appointment of Heidi Pay as vice president and manager of its office in Mill Valley, Calif. Pay will oversee the sales and operations of the company's real estate interests and services. McGuire opened its Mill Valley office in 1997 to serve the North Bay market. (Wed, 21 Feb 2007 17:23:00 GMT)

Commercial Real Estate Forum
Get your tickets today! Creative Solutions in a Tight Real Estate Market –The 2007 South Sound Commercial Real Estate Forum. (Wed, 21 Feb 2007 18:45:49 GMT)

Perry County auditor: Real estate documents will be processed
NEW LEXINGTON — Larry Householder, Perry County auditor, says all real estate documents in his office will be processed by the end of the week. The real estate side of the auditor’s office has been closed since Jan. 25, causing concerns from realtors about transactions being completed. (Wed, 21 Feb 2007 20:30:21 GMT)

McGuire Real Estate Appoints New Vice President and Sales Manager of Mill Valley Office
McGuire Real Estate, aSan Francisco-based real estate company specializing in luxury real estate,announced today the appointment of Heidi Pay as vice president and managerof its office in Mill Valley, Calif. Pay will oversee the sales andoperations of the company's real estate interests and services. McGuireopened its Mill Valley office in 1997 to serve the North Bay market. (Wed, 21 Feb 2007 21:26:58 GMT)

McGuire Real Estate Appoints New Vice President and Sales Manager of Mill Valley Office
McGuire Real Estate, aSan Francisco-based real estate company specializing in luxury real estate,announced today the appointment of Heidi Pay as vice president and managerof its office in Mill Valley, Calif. Pay will oversee the sales andoperations of the company's real estate interests and services. McGuireopened its Mill Valley office in 1997 to serve the North Bay market. (Wed, 21 Feb 2007 22:30:43 GMT)

Don't worry; invest in real estate
Fifth in a series ''Why buy real estate in a flat market?'' That is the essence of a question my airline seatmate asked me after he learned I invest in and write about real estate. But rather than answer his question directly, I asked him, ``Do you own your home?'' (Wed, 21 Feb 2007 23:10:03 GMT)

FL. Luxury Condos Showcases at Ohio Live South Real Estate Show
Delray Beach's premier luxury condominium residence withpreconstruction prices starting in the $360's, Worthing Place, will showcase at Ohio's Live South®. Live Southis the largest resort and retirement real estate show in the country and agreat venue to compare investment and vacation properties. (Thu, 22 Feb 2007 00:56:37 GMT)

Britain: Bid for Real Estate Firm
The buyout firm Apollo Management said it might offer nearly $2 billion in cash and stock for Countrywide, the largest chain of real estate brokers in Britain. Apollo said it planned to offer 505 pence ($9.86) in cash for each Countrywide share, plus shares in Rightmove, a company in which Countrywide holds a stake. The offer values Countrywide shares at about 590 pence ($11.52) each, or a total ... (Thu, 22 Feb 2007 04:16:27 GMT)

Growing Law Firms Relocate to Prime N.Y. Real Estate
Primarily for small and midsized non-New York City-based firms in need of bigger and more customized office space, the trend to move westward in Manhattan continues. Real estate brokers attribute this change to the fact that West Side buildings are newer and allow for more flexible development of office space than most Midtown East Side properties. Relocation can even save a law firm money, such ... (Thu, 22 Feb 2007 05:09:19 GMT)

Surprise: Real Estate Boom Is Padding Lawyers' Accounts
The citywide building boom is translating into a huge windfall for real estate lawyers, as deals for mega-projects, new condominium towers, and warehouses-turned-lofts are filling their filing cabinets. Clients are lining up to hire lawyers to pore over the reams of paper that accompany financing and land use considerations in development, leaving many of the city's real estate attorneys with no ... (Thu, 22 Feb 2007 06:16:55 GMT)

Broker tries to drive real estate market up
Ask any honest real estate broker and they'll tell you that the housing market in Southwest Florida is ripe for buyers. (Thu, 22 Feb 2007 06:35:31 GMT)

Analyst: Wichita real estate market is in good shape
Commercial real estate in Wichita will prosper into the foreseeable future, according to the chief economist at the Center for Real Estate at Texas A&M University. (Thu, 22 Feb 2007 07:09:49 GMT)

Growing Law Firms Relocate to Prime N.Y. Real Estate
Primarily for small and midsized non-New York City-based firms in need of bigger and more customized office space, the trend to move westward in Manhattan continues. Real estate brokers attribute this change to the fact that West Side buildings are newer and allow for more flexible development of office space than most Midtown East Side properties. (Thu, 22 Feb 2007 07:50:55 GMT)

The Tattersall Team of Active Real Estate
The Tattersall Team of Active Real Estate brings families to the community by providing clients with exceptional service. JoAnn Tattersall, broker/owner, and Peggy Kaufman, Jill Struck and Sue Djernes have more than 40 years of combined experience. The team represents buyers and sellers, and teamwork ensures that each client's individual goals are met. (Thu, 22 Feb 2007 08:05:14 GMT)

Missouri Real Estate Scheme Is Money Pit
Secretary of State Robin Carnahan's Commissioner of Securities, Matt Kitzi, issued a Cease and Desist Order against a Springfield, Mo., couple for their alleged violations of Missouri securities laws in connection with a questionable real estate investment scheme. (Thu, 22 Feb 2007 10:57:59 GMT)

Commercial real estate market 'quite healthy'
The local commercial real estate market is continuing in its fourth year of growth, according to a new report from commercial realty firm CB Richard Ellis in Brighton. (Thu, 22 Feb 2007 13:04:39 GMT)

US Commercial Real Estate Index At Historic High In 4Q -NAR
WASHINGTON (Dow Jones)--A gauge of future strength in the commercial real estate sector rose for the seventh straight quarter, again reaching a record high, but the rate of growth in the industry may be leveling out, the National Association of Realtors said Thursday. (Thu, 22 Feb 2007 15:09:11 GMT)

Demand for commercial real estate stays strong
Industrial, retail and office real estate in Ventura County remains in high demand throughout the region, said experts at last month's Ventura County commercial real estate symposium hosted in Oxnard by Camarillo-based CB Richard Ellis. (Thu, 22 Feb 2007 15:54:23 GMT)

Moore County gets real-estate services operation
A Houston-based commercial real estate consulting firm has opened a services operation in Moore County and expects to employ 150 within a few years. (Thu, 22 Feb 2007 18:44:45 GMT)

Legacy Hotels Real Estate Investment Trust Reports Fourth Quarter Results
Legacy Hotels Real Estate Investment Trust ('Legacy' or the 'Trust')(TSX: LGY.UN) today announced its financial results for the full year and quarter ended December 31, 2006. All amounts are in Canadian dollars unless otherwise indicated. (Thu, 22 Feb 2007 20:16:21 GMT)

Real-estate agent leads fight for airline passenger rights
NAPA, Calif. - For more than eight miserable hours, Kate Hanni sat aboard a grounded plane at a Texas airport, yards from apparently empty gates. A few weeks after that December ordeal, the brassy real estate agent from California's wine country took her fight for a passengers' bill of rights to Capitol Hill. (Thu, 22 Feb 2007 20:51:35 GMT)

Commercial Real Estate Market Continues to Thrive
The outlook for the commercial real estate market continues to look good for 2007, according to several different organizations, which have looked at the data and surveyed developers and brokers. (Thu, 22 Feb 2007 22:07:57 GMT)

FBI Eyes Calif. Rep's Real Estate Dealings
Rep. Gary Miller, R-Calif., is under FBI scrutiny for his continued real estate deals while in Congress. The congressman -- whose holdings are worth $13 million -- denies wrongdoing. (Thu, 22 Feb 2007 22:25:37 GMT)

Legacy Hotels Real Estate Investment Trust Reports Fourth Quarter Results
Legacy Hotels Real Estate Investment Trust ('Legacy' or the 'Trust')(TSX: LGY.UN) today announced its financial results for the full year and quarter ended December 31, 2006. All amounts are in Canadian dollars unless otherwise indicated. (Thu, 22 Feb 2007 22:27:47 GMT)

CSU forum focuses on future of real estate technology
FORT COLLINS Jim Young, a founding partner of Realcomm, the world's largest and most recognized conference on technology for the commercial real estate industry, will speak at the Colorado State University Everitt Real Estate Center quarterly... (Fri, 23 Feb 2007 00:42:59 GMT)

Photos and virtual tours boost real estate sales
In real estate, a picture can be worth more than a thousand words. Much, much more. When selling properties online, agents and Web designers say that the pictures buyers see of houses and apartments for sale are often the first — and sometimes the only — chance for a seller to make a good impression. Less-than-flattering pictures can turn buyers off and lead to lonely open houses. (Fri, 23 Feb 2007 03:42:35 GMT)

Real estate market change is certainty
In preparing her discussion for F.C. Tucker Commerical's annual State of Real Estate presentation, Dannetta Hiatt came across an old newspaper article detailing plans for future growth along Green River Road and Burkhardt Drive. (Fri, 23 Feb 2007 06:06:23 GMT)

Each time you increase rent on your real estate, your net worth grows
One of the big advantages to owning income-producing real estate is the effect that small rent increases have on your net worth. Net worth is simply the difference between the value of what you own and the amount of money you owe on it. (Fri, 23 Feb 2007 06:18:21 GMT)

Real Estate Promoter Launches Hybrid Website
Real Estate Promoter officially releases its new Real Estate Hybrid Website. The new Hybrid Website combines two real estate marketing strategies, agent branding and lead capture, into one complete website solution. (Fri, 23 Feb 2007 07:01:00 GMT)

Real Estate Promoter Launches Hybrid Website
Real Estate Promoter officially releases its new Real Estate Hybrid Website. The new Hybrid Website combines two real estate marketing strategies, agent branding and lead capture, into one complete website solution. (PRWeb Feb 23, 2007) Post Comment:Trackback URL: http://www.prweb.com/dingpr.php/SG9yci1JbnNlLUhvcnItSG9yci1NYWduLVplcm8= (Fri, 23 Feb 2007 08:20:12 GMT)

Extendicare Real Estate Investment FY06 Q4 Earnings Conference Call At 10:00 AM
(RTTNews) - Extendicare Real Estate Investment Trust (EXE-UN.TO) CEO Phil Small will host a conference call at 10:00 am, to discuss about FY06 Q4 earnings results. (Fri, 23 Feb 2007 14:39:26 GMT)

ERA Morrison Real Estate adds new associate in Ayer
AYER -- ERA Morrison Real Estate, 21 Main Street, Ayer, recently announced the addition of Sadie Guichard to its team of real estate sales professionals serving consumers in the Ayer, Groton, Dunstable, Pepperell, Townsend and surrounding areas. (Fri, 23 Feb 2007 14:54:15 GMT)

Snow Job in Virginia: Wintergreen Resort Owners Rigged Real Estate Market, Says Suit
Wintergreen Partners, Inc., operator of the highly popular 11,000 acre Wintergreen Resort in Nelson County, stands accused of concocting multiple exclusive-dealing agreements which control the market for real estate services at the Resort and in the County, causing sellers to pay inflated commissions and to receive lower prices. (Fri, 23 Feb 2007 18:44:00 GMT)

Real estate transactions
Residential real estate transactions over $200,000 filed with the Clark County Assessor from Dec. 16-31. The information includes seller's name, buyer's name, property location, description, price and closing date. Below are some of the 646 home sales from December. (Fri, 23 Feb 2007 18:48:23 GMT)

Retirement Residences Real Estate Investment Trust Announces 2006 Distribution Tax Allocation
MISSISSAUGA, ONTARIO-- - Retirement Residences Real Estate Investment Trust today advised the allocation for income tax purposes of the distributions paid in 2006 is as follows: (Fri, 23 Feb 2007 20:04:43 GMT)

Rerras' bill increasing awareness on real-estate tax increases OK'd by General Assembly
RICHMOND — Virginia residents concerned with rising real estate taxes might soon have more notice before bills arrive in their mailboxes. (Fri, 23 Feb 2007 20:05:13 GMT)

Mintz Levin Expands San Diego Office to Include Real Estate Expertise
SAN DIEGO----Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., a full-service, 480-lawyer AmLaw 100 firm with offices throughout the U.S. and in the U.K., announced that Scott Biel has joined the firm's San Diego office as a Member in its Real Estate practice. (Fri, 23 Feb 2007 20:12:00 GMT)

Latin America lingo: Resident sells real estate, Ecuadorian diplomat on side
Frisco resident Ricardo M. Bowen is in real estate. He handles some fairly high-powered deals. On the surface, he is indistinguishable from hundreds of other Frisco residents. (Fri, 23 Feb 2007 20:23:50 GMT)

Commercial Real Estate Growth Holds Steady
KNOX COUNTY (Feb 23): After seven consecutive quarters of growth, brokerage activity in the commercial real estate market appears to have reached a plateau, according to data from the NATIONAL ASSOCIATION OF REALTORS®. (Fri, 23 Feb 2007 20:51:44 GMT)

Latin America lingo: Resident sells real estate, Ecuadorian diplomat on side
Frisco resident Ricardo M. Bowen is in real estate. He handles some fairly high-powered deals. On the surface, he is indistinguishable from hundreds of other Frisco residents. (Sat, 24 Feb 2007 00:15:48 GMT)

Retirement Residences Real Estate Investment Trust Announces 2006 Distribution Tax Allocation
Retirement Residences Real Estate Investment Trust ('Retirement REIT') today advised the allocation for income tax purposes of the distributions paid in 2006 is as follows: (Sat, 24 Feb 2007 00:23:36 GMT)

Management Matters with Mike Myatt: Globalization's Impact on Commercial Real Estate
Today's column was inspired by an e-mail I received from Jean-Claude Goldenstein, managing director of Global Solutions at NAI Global. He asked me for my viewpoint on the impact of globalization on the commercial real estate industry. (Sat, 24 Feb 2007 01:07:47 GMT)

Real Estate People & Places
Real estate news in brief. (Sat, 24 Feb 2007 05:20:23 GMT)

Retirement Residences Real Estate Investment Trust Announces 2006 Distribution Tax Allocation
Retirement Residences Real Estate Investment Trust ('Retirement REIT') today advised the allocation for income tax purposes of the distributions paid in 2006 is as follows: (Sat, 24 Feb 2007 05:56:16 GMT)

Latin America lingo: Resident sells real estate, Ecuadorian diplomat on side
Frisco resident Ricardo M. Bowen is in real estate. He handles some fairly high-powered deals. On the surface, he is indistinguishable from hundreds of other Frisco residents. (Sat, 24 Feb 2007 07:00:49 GMT)

Many real estate tax deductions easy to forget
Have you ever forgotten to claim a real estate tax deduction? I did. Years ago, after I filed my income-tax returns, I remembered a mortgage interest deduction of about $4,500, which I totally overlooked. To claim my refund, I had to file IRS Form 1040X to amend my tax return. (Sat, 24 Feb 2007 08:01:25 GMT)

Pro Step Marketing Strategy Resulted in Good, Qualified Leads for Southern Maryland Real Estate Group
Pro Step Marketing, a real estate-focused marketing strategy, design and implementation firm, worked with Donna DeHanas, a Southern Maryland real estate agent, to develop a marketing strategy to increase online traffic and leads for her website. (PRWeb Feb 24, 2007) Post Comment:Trackback URL: http://www.prweb.com/zingpr.php/TG92ZS1Mb3ZlLVN1bW0tSG9yci1NYWduLVplcm8= (Sat, 24 Feb 2007 08:07:19 GMT)

Pro Step Marketing Strategy Resulted in Front Page Search Engine Rankings for Southern, Maryland Real Estate Group
Pro Step Marketing, a real estate-focused marketing strategy, design and implementation firm, worked with Don DeHanas, a Southern Maryland real estate agent, to develop a marketing strategy that would increase online traffic and leads for his company. (PRWeb Feb 24, 2007) Post Comment:Trackback URL: http://www.prweb.com/zingpr.php/TWFnbi1Mb3ZlLVN1bW0tSG9yci1NYWduLVplcm8= (Sat, 24 Feb 2007 08:07:29 GMT)

REVIEW: Book explains rules for real estate success
THE CHAMPION REAL ESTATE AGENT Dirk Zeller (McGraw-Hill, $24.95) (Sat, 24 Feb 2007 08:08:09 GMT)

In Asia, Year of Pig is a sign to snap up real estate
Marc Teng, a Malaysian real-estate agent and developer, is taking over a half-finished townhouse project in Kuala Lumpur this year because... (Sat, 24 Feb 2007 08:26:59 GMT)

GE moving real estate HQ to Norwalk
Stamford's economic development director is disappointed but not surprised that General Electric Co. has decided to transfer its real estate headquarters and 360 employees to Norwalk. (Sat, 24 Feb 2007 10:17:27 GMT)

GE real estate unit moves from Stamford to Norwalk
(Stamford-AP, Feb. 24, 2007 4:55 PM) _ General Electric is moving its real estate offices and 360 employees from Stamford to Norwalk. (Sat, 24 Feb 2007 22:20:38 GMT)

Real Estate Briefs: Feb. 25, 2007
A list of real estate related news briefs. (Sun, 25 Feb 2007 05:09:16 GMT)

Real estate news in brief: Staff appointments, sales leaders
A list of recent real estate staff appointments and sales leaders. (Sun, 25 Feb 2007 05:09:26 GMT)

Real estate news in brief: Construction rates, sales rates
A list of recent real estate construction rates and sales rates. (Sun, 25 Feb 2007 05:09:45 GMT)

Real estate transactions: Feb. 25, 2007
A list of recent real estate transactions in Southwest Florida. (Sun, 25 Feb 2007 05:10:57 GMT)

Columbia man flips for real estate
Chad Sloan attributes his success in real estate to his low-pressure selling system. (Sun, 25 Feb 2007 05:15:57 GMT)

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