Real Estate News May 2007

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New real estate agency opens
BLOOMINGTON — People who want to buy or sell a house have another choice for a real estate agency. (Tue, 01 May 2007 01:59:41 GMT)

Randall Shaw: There is a better way to fund LCHIP than hiking real estate transfer tax
INCREASING THE real estate transfer tax to fund the Land and Community Heritage Investment Program (LCHIP), as the House has proposed, is a bad idea. There is a better way to finance this worthy program. (Tue, 01 May 2007 04:06:44 GMT)

Investors Say They Were Duped In Real Estate Scam
Pat Romano said she was just trying to make a little extra money when she and a friend got lured into a real estate scam. (Tue, 01 May 2007 05:10:15 GMT)

Briefing - Asia Real Estate - May 1, 2007
An executive briefing on real estate for May 1, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Tue, 01 May 2007 05:29:00 GMT)

Real estate sales off the charts
The number of real estate sales transactions in Pitkin County plummeted in the first quarter of 2007 compared to last year, but the sales volume crushed last year's record-setting pace, a recent report showed. (Tue, 01 May 2007 07:05:52 GMT)

New real estate agency opens
BLOOMINGTON — People who want to buy or sell a house have another choice for a real estate agency. (Tue, 01 May 2007 07:14:41 GMT)

The Economist forecasts a slow puncture not a burst bubble for Dubai real estate
Lunch guest at the Arabian Hotel Investment Conference this week was The Economist Group's senior vice president, Dr. Daniel Thorniley who offered his views on the outlook for Dubai real estate. (Tue, 01 May 2007 07:51:11 GMT)

How to Purchase Your Dream Home in Miami Real Estate
Wanting to purchase a home in Miami real estate is the biggest decision you will ever make. It is also a huge investment you can make. Before going to the market in search for your new home, you have to decide the criteria and features you desire in a home in Miami real estate. (Tue, 01 May 2007 08:08:39 GMT)

Vornado Buys Stake in Real Estate Assets
Real estate investment trust Vornado Realty Trust paid $323 million in cash for the remaining 50 percent stake in real estate assets located in Virginia and the District of Columbia that it did not already own and resolved related litigation. (Tue, 01 May 2007 11:12:15 GMT)

Jaish investing in real estate, commodity market: US
In what may be seen as worst fears of National Security Advisor M K Narayanan coming true, a US report on terrorism has said pro-Pakistan Jaish-e- Mohammed (JeM) was investing in commodity market and real estate to raise funds for its terrorist activities. (Tue, 01 May 2007 11:36:08 GMT)

Jaish minting money from real estate for terror: US
The US State Department s report on global terrorism has stated that Jaish-e-Mohammed was investing in the commodity market and real estate to raise funds for its terrorist activities. The report, titled Country Reports on Terrorism , has confirmed the worst fears of National Security Advisor MK Narayanan that terrorists are raising funds from legitimate businesses. (Tue, 01 May 2007 14:09:11 GMT)

Waterfront cottages top real estate market
Record stock market profits combined with baby boomers looking to retire means luxury properties are expected to outperform in the recreational real estate market, says a report Tuesday. (Tue, 01 May 2007 14:35:36 GMT)

REAL ESTATE CHANNEL Global IPTV Network Launches
ORLANDO, Fla., BUSINESS WIRE -- Media entrepreneur Michael Gerrity, Chairman of MultiChannel Ventures, is pleased to announce today the launch of the REAL ESTATE CHANNEL IPTV Network. (Tue, 01 May 2007 15:57:43 GMT)

Schwab starts real estate fund
Charles Schwab and Co. will start a real estate securities fund through its asset management unit, Charles Schwab Investment Management. (Tue, 01 May 2007 16:39:20 GMT)

Jaish investing in Indian real estate to raise funds: US
NEW DELHI: Lending weight to India's stand that terrorists are infiltrating into businesses, a US report on terrorism has said pro-Pakistan Jaish-e-Mohammed (JeM) was investing in the commodity market and real estate to raise funds for its terrorist activities. (Tue, 01 May 2007 16:40:29 GMT)

Tue: Real estate boosts TASE
The Tel Aviv 25 index rose 0.4% today, as the Real Estate 15 index rose 2.8% to more than triple since it debut in early 2005. (Tue, 01 May 2007 17:42:22 GMT)

REAL ESTATE AGENCIES
Advecs Rosstro Petrograd Agency (show on map) Member of Russian Realtors' Guild. Member of Realtors' Association of St. Petersburg and Leningrad region. 14 years on real estate market, more than 8 years on leasing market. (Tue, 01 May 2007 18:54:56 GMT)

REAL ESTATE
JERUSALEM — Israeli real estate company Danya Cebus Ltd. said on Sunday it had won a $60 million project in Russia to build a commercial center. (Tue, 01 May 2007 19:01:52 GMT)

Real estate sales off the charts
PITKIN COUNTY — The number of real estate sales transactions in Pitkin County plummeted in the first quarter of 2007 compared to last year, but the sales volume crushed last year's record-setting pace, a recent report showed. (Tue, 01 May 2007 20:50:08 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, 01 May 2007 21:26:22 GMT)

Local real estate a mixed bag: Prices still down, but picking up
Published Apr 22, 2007 - 00:40:27 CDT. Mixed signals, and trends that aren't all pointing in the same direction - that's what many observers see in the Davis real estate market this spring. (Tue, 01 May 2007 22:20:31 GMT)

Real estate drives new records
The Tel Aviv Stock Exchange ended the day yesterday on a positive note, as European markets set the tone. The TA-25 rose 0.4 percent to close at 1,067 points. However, real estate stocks drove the TA-100 up to a new record at 1,078 points, a 1.2 percent rise for the day. (Tue, 01 May 2007 22:24:28 GMT)

Corporate Real Estate the Next Frontier in Green Buildings
ATLANTA and DENVER, April 30, 2007 -- As pressure to reduce carbon emissions mounts, CoreNet Global, the worldwide professional association for corporate real estate and workplace management, urge its members today to dramatically increase energy efficiency in office and industrial buildings. (Wed, 02 May 2007 00:25:40 GMT)

• Tips to be Successful Investor in Sarasota Real Estate
Are you interested to invest in Sarasota real estate? Do you want to earn money from purchasing real estate properties? A career as s real estate investor in Sarasota real estate is really profitable but it is risky as well. (Wed, 02 May 2007 03:08:31 GMT)

Real Estate Scheme Probably Broke Laws, Expert Says
Several Sacramento-area residents thought a promising real estate deal would offer a good income. (Wed, 02 May 2007 05:08:02 GMT)

Briefing - Asia Real Estate - May 2, 2007
An executive briefing on real estate for May 2, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. CHINA'S HOUSING PRICES TO CONTINUE TO RISE IN Q2: REPORT (Wed, 02 May 2007 05:22:00 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. (Wed, 02 May 2007 06:43:10 GMT)

Abdul Rahim Zarooni Real Estate unveils Links View
Abdul Rahoomi Zarooni Real Estate, part of Al Zarooni Group of Companies, today unveiled Links View, luxurious apartments overlooking the signature Dunes Golf Course at Dubai Sports City in Dubailand during a glittering function held at Grand Hyatt, Dubai. (Wed, 02 May 2007 07:36:11 GMT)

Real estate firm sues to regain KOEZ status
DUNMORE — A real estate company has sued the Dunmore School District, the borough and the state Department of Community and Economic Development over tax breaks. (Wed, 02 May 2007 08:06:37 GMT)

SIB launches ASAS Real Estate Company
Sharjah Islamic Bank announced the launch of ASAS Real Estate Co, a SIB real estate development affiliate for property and real estate management, real estate construction, development and investment with the object of utilizing the available real estate development and investment opportunities in the UAE. (Wed, 02 May 2007 09:36:48 GMT)

Retiring Baby Boomers and Growing Worldwide Affluence Will Continue to Fuel Historic Capital Rush toward Real Estate
LOS ANGELES----Lew Feldman, Chairman of Goodwin Procter's Los Angeles office, led a distinguished panel of well-known real estate capital markets professionals at this year's Milken Institute Global Conference. (Wed, 02 May 2007 12:00:00 GMT)

Russian real estate developers
The blame for London’s eye-watering property prices is sometimes laid at the door of wealthy Russians. But real estate in the motherland is hot, too. Prices are soaring and new developments are springing up all over Russia’s big cities. (Wed, 02 May 2007 12:25:04 GMT)

Alarm raised over U.S. commercial real estate lending
Spurred by the collapse of the subprime mortgage market, the leading bond rating agencies are beginning to crack down on what they see as risky lending practices in commercial real estate. (Wed, 02 May 2007 12:27:14 GMT)

Manazel Real Estate launches sales of Al Reef Downtown apartments and Prestige Tower at Building Materials City
Cityscape Abu Dhabi is selected as the ideal platform to demonstrate Abu Dhabi's progressive vision on real estate for future generations. (Wed, 02 May 2007 13:06:12 GMT)

The Real Estate Industry, though Volatile, Offers Riches to Those Who Know Where to Look
While many Americans are worried that real estate prices have flattened and may even turn downward, some of the country's top commercial developers say there always is opportunity for those who manage their projects efficiently in a global market, focus on areas with growing demand and have the staying power to wait out the downturns. This was the consensus of a 2007 Wharton Economic Summit real ... (Wed, 02 May 2007 14:08:03 GMT)

Real Estate Channel launched
An Orlando company has launched a Web-based real estate channel. (Wed, 02 May 2007 15:03:54 GMT)

Xinhua Finance Media Increases Market Share to Nearly 50% for Real Estate Ad Sales on Sina.com
Xinhua Finance Media ('XFMedia'; Nasdaq: XFML), China's leading diversified financial and entertainment media company, announced that its Advertising Group has increased its market share to nearly 50% for real estate ad sales on the Sina.com website, China's leading portal site. (Wed, 02 May 2007 16:25:42 GMT)

U.S. investors bullish on Indian real estate
International funds have reportedly invested some $2.5 billion in Indian real estate and nearly two dozen domestic funds have raised another $3.5 billion for similar investments. (Wed, 02 May 2007 16:49:02 GMT)

Wells Real Estate Funds Launches Timberland REIT
NORCROSS, Ga.----Wells Real Estate Funds Inc. today announced the launch of the Wells Timberland Real Estate Investment Trust, the first public, nontraded REIT investing in timberland. (Wed, 02 May 2007 17:35:00 GMT)

Q1 economy hurt by real estate slowdown
Metro Denver's sluggish residential real estate market continued to restrain overall economic growth in 2007's first quarter, according to a new economic report by the Metro Denver Economic Development Corp. (Wed, 02 May 2007 21:39:17 GMT)

Foreign buyers push up real-estate prices in Israel
With more disposable income and wanting to live at least part-time in Israel, Jews from abroad are finding homes in the Jewish state's real-estate landscape. (Wed, 02 May 2007 22:47:13 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. (Thu, 03 May 2007 01:57:29 GMT)

Real estate agent ‘getting tanked’ to raise money for YMCA
He knows strangers will point fingers at him, laugh and whisper to one another, “He’s nuts.” Mike Pagliccia has pretty thick skin, which is destined to be wrinkly shortly after lengthy water saturation. The real estate agent will climb into a custom-built tank Friday at 5 p.m. and plans to stay underwater for 48 hours in a stunt to raise $15,000 for the Greater Naples YMCA. (Thu, 03 May 2007 02:19:31 GMT)

Artists' perspectives on Auckland real estate
Real estate is the subject of a new free art exhibition at Artstation from 16 to 30 May. (Thu, 03 May 2007 02:49:16 GMT)

Manazel eyes MENA real estate market with $11 billion projects
ABU DHABI — Abu Dhabi-based Manazel Real Estate yesterday hinted at its plans to develop $11 billion projects in the next five years in Saudi Arabia, Qatar, Kuwait, Tunisia, Jordan, Egypt and Morocco. (Thu, 03 May 2007 02:51:18 GMT)

Canada: Real Estate Concern Plans Spinoff
Brookfield Asset Management said it would focus on its real estate holdings, which include the World Financial Center in Manhattan, by spinning off about $1 billion in infrastructure assets to shareholders. The assets, which will be held by a newly created company, Brookfield Infrastructure Partners, include 1.2 million acres of timberlands in Canada and the United States, as well as electrical ... (Thu, 03 May 2007 03:13:28 GMT)

Real estate salesman Jimmy Maul, 66, dies %%deck%%Agent served area for more than 30 years %%edeck%% %%bodybegin%% BY ...
EWING -- James "Jimmy" Maul, who in his 30-plus years in real estate helped more than 1,000 families purchase their dream homes, died Monday at the Hospital of the University of Pennsylvania following a long battle with cancer. He was 66. (Thu, 03 May 2007 04:26:57 GMT)

Rising real estate
The impending decline and fall of the Canadian residential real estate market -- as fearlessly forecast by the Baby Boom watchers -- can be summed up in four simple words: "Much ado about nothing." (Thu, 03 May 2007 08:39:24 GMT)

Real estate investors uneasy about market
Anxiety over the slumbering housing market simmered Wednesday as residential real estate investors gathered in Garfield Heights. Like scalpers at ball games, eager entrepreneurs called out their listings and offered their phone numbers - home, office and cell - with slight hints of desperation. (Thu, 03 May 2007 08:57:42 GMT)

Real estate agents help build Habitat dwelling
BULLHEAD CITY - Three Bullhead City real estate agents traveled to Mobile, Ala., recently to lend a hand in building a home for Habitat For Humanity's hurricane-response program, Operation Home Delivery, which was implemented to help low-income hurricane affected families in Louisiana, Mississippi, Texas and Alabama. (Thu, 03 May 2007 09:26:48 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. (Thu, 03 May 2007 09:57:43 GMT)

Romanian Commercial Real Estate Report Offers An Extensive Summary Of One Of The Most Dynamic Segments Of The Romanian ...
DUBLIN, Ireland----Research and Markets has announced the addition of "IntelliNews Romanian Commercial Real Estate Report" to their offering. (Thu, 03 May 2007 11:53:00 GMT)

Ski area bought by local real estate developer
BOLTON, Vt. Bolton Valley Resort has been acquired by a Burlington real estate developer. Larry Williams and Doug Nedde, owners of Redstone Commercial Group, have... (Thu, 03 May 2007 11:54:10 GMT)

Four cent real estate tax increase approved
County supervisors on Wednesday, April 25 voted 6-1 for the county's $144 million budget. And they narrowly - by a 4-3 vote - passed the 4-cent real estate tax increase to fund it. (Thu, 03 May 2007 14:07:24 GMT)

Zimbabwe: Mashold Mulls Real Estate Venture
MASHONALAND Holdings Limited (Mashold), one of the country's two listed property stocks, is either likely to buy into an existing real estate agency or invest in a new venture altogether, The Property Gazette learnt this week. (Thu, 03 May 2007 15:21:46 GMT)

Local real estate a mixed bag: Prices still down, but picking up
Published Apr 22, 2007 - 00:40:27 CDT. Mixed signals, and trends that aren't all pointing in the same direction - that's what many observers see in the Davis real estate market this spring. (Thu, 03 May 2007 15:55:27 GMT)

BTB Real Estate Investment Trust Announces Terms of Previously Announced $40 Million Private Placement of Trust Units
BTB Real Estate Investment Trust (TSX VENTURE: BTB.UN) ('BTB') announced today that it has finalized the terms of its previously announced private placement offering (the 'Offering'). Approximately $40 million of trust units ('Units') will be offered through a syndicate led by Blackmont Capital Inc., including National Bank Financial Inc., Dundee Securities Corporation and Genuity Capital Markets ... (Thu, 03 May 2007 17:29:09 GMT)

City Capital Corporation Acquires $39 Million Real Estate Acquisition & Development Firm, Expands Operations to ...
City Capital Corporation (OTCBB: CCCN)today acquired Granite Real Estate Investment Company, LLC, located inChadds Ford, PA. The company paid $150,000 and assumed $690,000 ofoutstanding debts, along with accounts payable of $350,000 and equipmentleases totaling $185,000. (Thu, 03 May 2007 17:32:35 GMT)

Legacy Hotels Real Estate Investment Trust Reports First Quarter Results
Legacy Hotels Real Estate Investment Trust ('Legacy' or the 'Trust') (TSX: LGY.UN) today announced its financial results for the quarter ended March 31, 2007. All amounts are in Canadian dollars unless otherwise indicated. (Thu, 03 May 2007 18:01:09 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. (Thu, 03 May 2007 18:39:37 GMT)

Where Real Estate and IT Meet
What business does IT have meddling in real estate? Plenty, if a company cares about its bottom line, says Accruent. (Thu, 03 May 2007 19:27:57 GMT)

Alexandria Real Estate Equities, Inc. Reports First Quarter 2007 Results
Alexandria Real Estate Equities, Inc. today announced operating and financial results for the first quarter ended March 31, 2007. (Thu, 03 May 2007 20:15:00 GMT)

REAL ESTATE AGENCIES
Advecs Rosstro Petrograd Agency (show on map) Member of Russian Realtors' Guild. Member of Realtors' Association of St. Petersburg and Leningrad region. 14 years on real estate market, more than 8 years on leasing market. (Thu, 03 May 2007 20:40:04 GMT)

Metrobank to forge deal with real estate companies
MANILA, Philippines -- Metropolitan Bank and Trust Co., , the country’s largest bank in assets, plans to enter into a joint-venture agreement with property developers to help sell its nonperforming real estate assets, a bank official said. (Thu, 03 May 2007 20:53:06 GMT)

From extortion to real estate, with political backing
KUMAR Shah, the dreaded extortionist of Kalighat, now plans to start a real estate business in the area, by ousting local promoter Sridhar Das, another extortionist. To do so, Kumar making use of his political clout. Reportedly backed by Congress leader Nirbed Roy and councillor, ward no. 88 Mala Roy (who quit the Trinamool Congress and joined the Congress recently), Kumar is now trying to oust ... (Thu, 03 May 2007 21:29:48 GMT)

Charter Realty Holdings Ltd. (TSX-V: CRH) Shareholders Approve Conversion to a Real Estate Investment Trust
Charter Realty Holdings Ltd. (the 'Company' or 'Charter') (TSX VENTURE: CRH) is pleased to announce that, at a special meeting held on May 3, 2007, 100% of the voting securityholders of the Company approved the conversion of the Company to a real estate investment trust (the 'REIT') by way of plan of arrangement. According to the approved plan of arrangement, each 10 common shares of the Company ... (Thu, 03 May 2007 22:00:59 GMT)

Detroit city lawyer charged with real estate fraud
DETROIT -- A former municipal attorney faces real estate fraud charges after prosecutors said Thursday that he used his office to get property records, then created false paperwork on... (Fri, 04 May 2007 00:51:32 GMT)

Roundup: Iraqi refugees drive up real estate transactions in Jordan
The volume of real estate transactions in Jordan grew by 21 percent in the first four months in 2007 to 1. 88 billion Jordanian dinars (about 2.66 billion U.S. dollars) from 1.55 billion dinars in the same period of 2006, according to a report released by Jordanian Land and Survey Department on Thursday. (Fri, 04 May 2007 03:22:07 GMT)

Using real estate to build your individual retirement account
Using real estate to build your individual retirement account (Fri, 04 May 2007 06:11:53 GMT)

Real estate investors to meet on Wednesday
The Salt Lake Real Estate Investors Association will meet at 6:15 p.m. Wednesday in the Miller Auditorium at 9750 S. 300 West in Sandy. (Fri, 04 May 2007 06:25:43 GMT)

De Boe completes real estate course
Ron De Boe of Windermere Real Estate recently completed a highly specialized course in customer service referralbased business. (Fri, 04 May 2007 07:09:30 GMT)

CREN Announces Series on How to Start a Real Estate Blog
The Christian Real Estate Network is proud to announce an article series on how to start a local real estate blog. This unique series will include a live demonstration blog about the town of Castle Rock, CO. (PRWeb May 4, 2007) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/WmV0YS1UaGlyLUNyYXMtUHJvZi1NYWduLVplcm8= (Fri, 04 May 2007 07:28:37 GMT)

Malayalee in Kuwait to invest in Kerala's real estate
Dubai, May 4: There is a surge in appetite for investment in Kerala’s real estate sector by Malayalees in Kuwait. (Fri, 04 May 2007 09:07:50 GMT)

Munich Re considers selling further real estate holdings
"Further sales are possible but nothing is imminent at the moment," Schneider said. Munich Re said earlier today large gains from real estate sales in the first quarter compensated for losses caused by winter storm Kyrill. (Fri, 04 May 2007 09:18:56 GMT)

(AFX UK Focus) 2007-05-04 10:22 GMT: Munich Re considers selling further real estate holdings
MUNICH (Thomson Financial) - Muenchener Rueckversicherungs AG is considering selling further real estate holdings, chief financial officer Joerg Schneider said at the reinsurer's quarterly news conference. (Fri, 04 May 2007 09:49:31 GMT)

FBI probing claims of real estate fraud
FBI officials said Thursday that they are investigating claims that a Mission Viejo couple killed in a confrontation with police were involved in real estate fraud. (Fri, 04 May 2007 10:12:28 GMT)

Detroit City Lawyer Charged With Real Estate Fraud
(AP) A former municipal attorney faces real estate fraud charges after prosecutors said Thursday that he used his office to get property records, then created false paperwork on them to mislead buyers. (Fri, 04 May 2007 14:46:41 GMT)

U.S. investors bullish on Indian real estate
International funds have reportedly invested some $2.5 billion in Indian real estate and nearly two dozen domestic funds have raised another $3.5 billion for similar investments. (Fri, 04 May 2007 15:04:14 GMT)

Die-hard real estate agents find strength in numbers
It's been a difficult 12 months for the real estate community, and the 17th annual trade show sponsored by the Greater Las Vegas Association of Realtors couldn't have come at a better time. (Fri, 04 May 2007 15:36:29 GMT)

Real estate-related new laws on agenda at this mornings Women's Council of Realtors
Assemblyman John Benoit, R-Bermuda Dunes, is scheduled to give an update on real estate related legislation today at 11 a.m. at the montly meeting of The Women's Council of Realtors. The meeting is held at the Woodhaven Country Club Woodhaven Country Club, 41555 Washington St. (Fri, 04 May 2007 17:11:07 GMT)

BTB Real Estate Investment Trust Announces $22million Conditional Acquisition of Office and Commercial Properties
The trustees of BTB Real Estate Investment Trust (TSX VENTURE: BTB.UN) ('BTB') are proud to announce that they have entered into conditional agreements to purchase a portfolio of two buildings, one office and the other commercial, located in Pointe-Claire, a commercial building located in Boucherville, and a portfolio of three properties located in the Eastern Townships, more precisely in Magog ... (Fri, 04 May 2007 17:15:39 GMT)

Callison Enters Real Estate Realm
Seattle-based design and architecture firm Callison announced that it will now offer a large scope of real estate services through the newly formed Callison Real Estate Strategies. (Fri, 04 May 2007 17:16:42 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. (Fri, 04 May 2007 17:54:49 GMT)

IndyMac Bank Introduces Real Estate Financing Arm
MAY 02, 2007 -- Irvine, Calif. -- IndyMac Bank, an independent mortgage lender, has introduced a new subsidiary, the Commercial Real Estate Group, which will serve as the firm’s nationwide income property lending arm, specializing in financing for several real estate types, including multifamily. (Fri, 04 May 2007 19:00:57 GMT)

Russia real estate firm PIK confirms plan to float
MOSCOW, May 4 (Reuters) - Real estate developer PIK Group on Friday announced its intention to float in London and Moscow in the latest market listing by a property company riding the Russian capital's real estate boom. (Fri, 04 May 2007 19:42:24 GMT)

2 Chicago real estate executives killed in Montana plane crash
Flying to his Montana ranch, Allan Hamilton, 69, a founder of the Itasca-based real estate firm Hamilton Partners, and his passenger were killed Thursday morning when his private jet crashed during a landing attempt at Beaverhead Country Airport in Dillon, Mont., according to one of Hamilton's partners and the Billings Gazette. (Fri, 04 May 2007 19:46:57 GMT)

2 Chicago real estate execs killed in Montana plane crash
Flying to his Montana ranch, Allan Hamilton, 69, a founder of the Itasca-based real estate firm Hamilton Partners, and his passenger were killed Thursday morning when his private jet crashed during a landing attempt at Beaverhead Country Airport in Dillon, Mont., according to one of Hamilton's partners and the Billings Gazette. (Fri, 04 May 2007 19:49:15 GMT)

Canadian Real Estate Investment Trust Announces First Quarter 2007 Results and an Increase in Distributions
Canadian Real Estate Investment Trust (TSX: REF.UN) ('CREIT') today announced results for the three months ended March 31, 2007. (Fri, 04 May 2007 20:58:38 GMT)

Real estate exec plays mole in Fed probe
(Crain's) -- A former New Yorker has been conducting an undercover sting investigation for federal prosecutors while working in the Chicago commercial real estate industry, according to sources familiar with the investigation and documents in the man's own federal criminal fraud case. Bernard T. ... (Fri, 04 May 2007 21:00:50 GMT)

Sandy church pastor arrested for theft in real estate scam
SANDY, Ore. -- A Sandy pastor was arrested Friday morning on theft and other charges related to real estate crime. Corey Jerry Pritchett, 44, was taken into custody at the Sandy public library, Oregon State Police said. He was lodged in Multnomah County Jail. (Fri, 04 May 2007 22:45:14 GMT)

Cities in danger of real estate bubble
The price-to-rent ratio for second-hand houses in some of China's big cities have gone over the international warning line, said the 2007 real estate blue paper released by China Academy of Social Sciences (CASS). (Sat, 05 May 2007 01:13:30 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, 05 May 2007 02:41:21 GMT)

Sandy Pastor Arrested In Real Estate Scheme
SANDY, Ore. -- Police have arrested a Sandy pastor accused of taking part in a real estate scheme. Corey Pritchett, 44, was arrested Friday morning at the Sandy Public Library. Police charged him with several counts of theft and securities fraud in connection with multiple real estate transactions. (Sat, 05 May 2007 02:46:31 GMT)

Juggling Several Balls in Real Estate
Brett White, who became chief executive of CB Richard Ellis in 2005, has brought the international commercial real estate firm to its present success by following a plan made in 1991. (Sat, 05 May 2007 04:11:15 GMT)

Real Estate Briefs
A list of real estate related news briefs. (Sat, 05 May 2007 06:24:54 GMT)

Real estate news in brief: Staff appointments, sales leaders
A list of recent real estate staff appointments and sales leaders. (Sat, 05 May 2007 06:25:04 GMT)

China vs India: It's a real estate hunt
With experts concurring that India and China are lucrative markets for real estate, a comparison between the two countries is inevitable, writes Ravi Teja Sharma. (Sat, 05 May 2007 06:27:41 GMT)

Real Estate Transfers
Real Estate Transfers (Sat, 05 May 2007 07:06:56 GMT)

Key decision makers address future of real estate and tourism in Morocco and MENA region
Following the recent success of the Financial Times Executive Business Forum in Muscat, Sama Dubai, the real estate investment and development arm of Dubai Holding, has hosted a similar Financial Times Executive Business Forum in Morocco. (Sat, 05 May 2007 08:36:11 GMT)

Tamleek Real Estate and Development announces new projects at PROPERTY LINK 2007
As part of its participation in the PROPERTY LINK 2007 Expo, Tamleek Real Estate and Development launched several new projects that will be constructed across the kingdom. (Sat, 05 May 2007 09:06:11 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, 05 May 2007 12:03:41 GMT)

The real estate battle that is saving you big money
Home buyers look set to benefit from a more aggressive real estate market, as traditional agents compete with a new breed of property-sales companies offering to sell your house for less than ever before. (Sat, 05 May 2007 17:34:03 GMT)

Real estate agents come to the party
Although private sales are on the rise, most real estate deals are still done through traditional real estate agents. (Sat, 05 May 2007 17:35:03 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, 05 May 2007 20:12:24 GMT)

Real estate boom peters out
Real estate boom on the periphery of Chandigarh saw everyone riding the crest. But the success was short lived. Soon, prices crashed and financiers pulled back their support, leaving local property dealers to fend for themselves. A report by our correspondent A bet gone wrong Anybody and everybody who had money to invest rushed to the real estate market to make a fast buck- that was from 2003 to ... (Sat, 05 May 2007 21:43:05 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, 06 May 2007 03:17:50 GMT)

U.S. investors bullish on Indian real estate
International funds have reportedly invested some $2.5 billion in Indian real estate and nearly two dozen domestic funds have raised another $3.5 billion for similar investments. (Sun, 06 May 2007 03:34:12 GMT)

Salhia Real Estate Company announces Q1 results
Mr. Ghazi Fahad Alnafisi, Chairman and Managing Director of Salhia Real Estate Company, has announced that the company ratified in its meeting held on 5/5/2007 the financial statements of the company for the period ended on March 31, 2007. (Sun, 06 May 2007 04:51:01 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, 06 May 2007 05:29:22 GMT)

Flipping channels A schedule of real estate shows
So, you want to structure your life around real estate shows? No problem. All you need is a DVR and an obsessive-compulsive personality. Here’s where to start: (Sun, 06 May 2007 07:05:49 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, 06 May 2007 07:30:17 GMT)

6% real estate commissions run up against a harsh reality
Q: Your suggestion of a 1 percent commission for real-estate agents is absurd. That 1 percent would have to be split four ways -- among the selling agent, selling office, buying agent and buying agent's office. On an $800,000 property, you're suggesting that... (Sun, 06 May 2007 10:39:05 GMT)

6% real estate commissions run up against a harsh reality
Q: Your suggestion of a 1 percent commission for real-estate agents is absurd. That 1 percent would have to be split four ways -- among the selling agent, selling office, buying agent and buying agent's office. (Sun, 06 May 2007 11:15:35 GMT)

Sorouh Real Estate, Platinum Sponsor of first time ever Cityscape Abu Dhabi 2007
Abu Dhabi's leading real estate developer, Sorouh Real Estate, announced it is the sole sponsor of the Sorouh Cityscape Abu Dhabi Golf Classic tournament, to be held at the Abu Dhabi National Golf Course on May 7, 2007. (Sun, 06 May 2007 12:51:12 GMT)

Buying power of gays fuels real estate boom
Gay buying power has led to the creation of a substantial niche real estate market, which has helped turn Puna into something of a boom town. Witeck-Combs Communications and Packaged Facts, a division of MarketResearch.com , projected the total buying power of the U.S. gay, lesbian, bisexual and transgender adult population at $660 billion in 2007. That number, which represents a 19 percent ... (Sun, 06 May 2007 13:21:06 GMT)

U.S. investors bullish on Indian real estate
International funds have reportedly invested some $2.5 billion in Indian real estate and nearly two dozen domestic funds have raised another $3.5 billion for similar investments. (Sun, 06 May 2007 15:49:29 GMT)

First time home buying is intimidating Real estate agent offers tips to guide the next generation through the stressful ...
For all of you generation ‘Y’ people thinking about purchasing your first home, you might want to consider this. Buying a home these days can be an intimidating experience, even for seasoned buyer To relieve some of the stress that’s usually associated with first time home purchasing, Chasity Poirier, a real-estate agent with Central Agencies in Camrose, gives simple hints to help make your first ... (Sun, 06 May 2007 17:49:38 GMT)

Excess supply to hit real estate
NEW DELHI: Commercial real estate market, which has been witnessing a bull run over last couple of years, will soon face a bearish phase. Oversupply of office space in most of the grade A cities in last six to 12 months, may result in a fall in rental and capital values. (Sun, 06 May 2007 21:55:51 GMT)

Shanghai Real Estate eyes $256 mln spin-off -paper
HONG KONG, May 7 (Reuters) - Shanghai Real Estate Ltd. is expected to spin off its unit, China New Town Development, in the third quarter of this year, raising about HK$2 billion (US$256 million), a newspaper reported on Monday. (Mon, 07 May 2007 01:21:03 GMT)

Briefing - Asia Real Estate - May 7, 2007
An executive briefing on real estate for May 7, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Mon, 07 May 2007 06:27:00 GMT)

Dubai real estate firm announces a joint venture with Saudi businessman
KM Properties, a subsidiary of Dubai-based KM Holding and a full-fledged real estate development firm, and the prominent Saudi businessman Prince Khalid has announced a newly completed joint venture under the name of KMPK Properties with offices operating in Riyadh, Dammam and Jeddah in Kingdom of Saudi Arabia. (Mon, 07 May 2007 06:46:08 GMT)

Dubai based real estate firm inaugurates concrete ready-mix plant
ETA Star International, a division of Dubai-based ETA Ascon and Star Group of companies with interests in real estate investment and construction, has set up a concrete ready-mix plant at the Sharjah Hamriyah Free Zone in UAE. The plant has been established to cater to the company's in-house requirements for concrete troughs used in its cabling projects. Presently, ETA Star International has over ... (Mon, 07 May 2007 07:29:57 GMT)

Panel discusses ebb and flow of commercial real estate in global markets
While many Americans are worried that real estate prices have flattened and may even turn downward, some of the country's top commercial developers say there always is opportunity for those who manage their projects efficiently in a global market,... (Mon, 07 May 2007 07:52:04 GMT)

Dubai-based real estate firm announces a new development at Business Bay
Deyaar, Dubai-based fastest growing real estate company of the UAE, has unveiled its new office tower, Fifty one @ Business Bay, with a project value of over Dh300 million. (Mon, 07 May 2007 08:15:15 GMT)

Great Financial Real Estate Safely Mortgages Future With PRIME L.A.
Great Financial Real Estate , a division of Great Financial Mortgage, Inc., founded by industry expert Gavin Fenske, has inked a deal with PRIME L.A. to implement a campaign for its public relations and business communications. (Mon, 07 May 2007 09:36:00 GMT)

Prudential Real Estate welcomes 3
Darci Stubenrauch, Tara Manning and Brittany Standish have joined the Prudential Real Estate Professionals in the Salem-Keizer office. (Mon, 07 May 2007 10:14:51 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, 07 May 2007 11:01:39 GMT)

TransUnion Real Estate Services' John Duchouquette is Appointed President of the National Flood Determination ...
John Duchouquette, director of Mortgage Credit and Flood Compliance Operations for TransUnion's Real Estate Services division, was named president of the National Flood Determination Association for 2007. (Mon, 07 May 2007 12:07:00 GMT)

Where Real Estate and IT Meet
What business does IT have meddling in real estate? Plenty, if a company cares about its bottom line, says Accruent. (Mon, 07 May 2007 14:45:04 GMT)

State establishes new real estate division
West Virginia has a new division that will provide leasing, appraisal and real estate services for state spending units. On July 1, the Real Estate Division, housed under the Department of Administration, will officially begin operation. (Mon, 07 May 2007 14:58:07 GMT)

Alexandria Real Estate Equities "buy," target price raised
NEW YORK, May 7 (newratings.com) - Analyst Philip Martin of Cantor Fitzgerald maintains his "buy" rating on Alexandria Real Estate Equities ( ARE.NYS ). The target price has been raised to $128. (Mon, 07 May 2007 16:04:28 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, 07 May 2007 17:09:31 GMT)

Medical center sale reflects state capital's hefty real estate prices
Annapolis real estate is hot. (Mon, 07 May 2007 17:34:56 GMT)

NAIOP luncheon focuses on Chinese real estate
China's real estate rise will be the topic at the next National Association of Industrial & Office Properties luncheon, May 23 at the Albuquerque Marriott hotel. (Mon, 07 May 2007 18:16:14 GMT)

Central bank to redefine commercial real estate
The Reserve Bank of India is in the process of reworking the definition of commercial real estate. The revision is aimed at taking hospitals and educational institutions out of the ambit of commercial real estate. (Mon, 07 May 2007 18:33:51 GMT)

Theurer Auction/Realty in Wellington teams with United Country Real Estate
Theurer Auction/Realty LLC in Wellington now is affiliated with Kansas City, Mo.-based United Country Real Estate. (Mon, 07 May 2007 18:50:47 GMT)

Real estate prices set to cool off
Finally some realism in real estate sector, thanks to tighter regulations and crack down on flow of funds. (Mon, 07 May 2007 18:51:24 GMT)

REAL ESTATE AGENCIES
Advecs Rosstro Petrograd Agency (show on map) Member of Russian Realtors' Guild. Member of Realtors' Association of St. Petersburg and Leningrad region. 14 years on real estate market, more than 8 years on leasing market. (Mon, 07 May 2007 19:40:11 GMT)

London company in Bengal real estate
Calcutta, May 7: A UK com- pany is taking the lead role in two housing projects near Calcutta, setting the stage for fresh foreign direct investment in Bengal real estate after the Salim Group’s initiative. (Mon, 07 May 2007 21:04:53 GMT)

Equastone Exceeds Capital Raising Goal of $150 Million and Closes Second Real Estate Investment Fund
Equastone has announced the close of itssecond real estate investment fund, Equastone Value Fund II, LLC ('EVFII'). Equastone raised over $150 million of equity commitments from a mixof high-net-worth and institutional investors. Similar to Equastone'sfirst fund, EVF II was oversubscribed due to strong demand for high-qualityreal estate investments with a proven sponsor. (Mon, 07 May 2007 21:14:49 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, 08 May 2007 01:04:16 GMT)

An Irish Taste for Real Estate in Manhattan
The weak dollar has made Manhattan real estate a bargain in booming Ireland. (Tue, 08 May 2007 02:07:36 GMT)

Briefing - Asia Real Estate - May 8, 2007
An executive briefing on real estate for May 8, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Tue, 08 May 2007 05:26:00 GMT)

Area developer brokers Columbia real estate deal
Manekin LLC, a commercial real estate and residential land developer from Columbia, announced it negotiated the sale of the property at 10100 Old Columbia Road for $6.5 million. (Tue, 08 May 2007 07:20:26 GMT)

Dubai Real Estate Institute launches flagship executive education programme on real estate development
Dubai Real Estate Institute (DREI), the first specialised real estate institution in the region, launched today its first flagship executive education programme on Real Estate Development. (Tue, 08 May 2007 08:51:01 GMT)

Commercial Real Estate News Digest
COMMERCIAL REAL ESTATE NEWS DIGEST Essex raises money, spends it too: Essex Property Trust raised nearly $193 million selling 1. (Tue, 08 May 2007 09:22:50 GMT)

Green homes group offers workshop, certification for real estate workers
Real estate professionals can now be certified by Earth Advantage, a regional leader in green home certification. (Tue, 08 May 2007 10:14:43 GMT)

Dallas adopts resolution allowing real estate taxes to be paid in installments
DALLAS TWP. — Dallas School Board unanimously passed a resolution allowing district taxpayers to pay real estate taxes in installments rather than as a lump sum. (Tue, 08 May 2007 10:37:45 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, 08 May 2007 11:02:34 GMT)

Tamweel CEO says Abu Dhabi real estate market poised for enormous growth
The real estate market in Abu Dhabi is poised for significant, sustained growth, said the Chief Executive Officer of Tamweel PJSC, the UAE's largest provider of home finance. (Tue, 08 May 2007 11:21:02 GMT)

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