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Japan Econ Min Ota:BOJ Muto Says Real Estate Bubble Unlikely
TOKYO -(Dow Jones)- Japanese Economy Minister Hiroko Ota said Tuesday that the Bank of Japan believes real estate prices are stable and that a bubble-bursting event is unlikely. (Tue, 08 May 2007 12:02:23 GMT)
Luxury Real Estate Development showcases Mangrove Place
Private Abu Dhabi property developer, Luxury Real Estate Development L.L.C. (LRED) is showcasing its first development - Mangrove Place, at Cityscape Abu Dhabi. (Tue, 08 May 2007 12:06:11 GMT)
Al Qudra Real Estate announces the sales launch of Phase One for Ain Al Emarat
Al Qudra Real Estate (AQRE), the real arm of Al Qudra Holding, announced the sales launch of the first phase of the Ain Al Emarat project during their participation at Cityscape Abu Dhabi, the premier property development and investment exhibition taking place at the Abu Dhabi National Exhibition Centre from 8-10 May 2007. (Tue, 08 May 2007 13:06:21 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 13:11:58 GMT)
Colliers International Advanced Technology Real Estate Group ATREG Closes Sales on Two Semiconductor Facilities of Over ...
Colliers Advanced Technology Real Estate Group (ATREG) announced they represented Maxim Integrated Products, Inc. in the purchase of Atmel(R) Corporation's 200mm semiconductor manufacturing facility. The 624,000 square foot facility is located in Irving, Texas on a 39-acre campus. (Tue, 08 May 2007 14:01:52 GMT)
The Irish Are Coming, Buying NYC Real Estate
The Irish are rushing to buy up Manhattan condominiums, entire buildings and even large blocks of apartments in unfinished high-rises. Drawn to Manhattan by a weak dollar that makes New York a bargain compared to Ireland and Britian -- and armed with an infusion of cash from a long economic boom back home -- real estate experts say the Irish are clamoring for a piece of the city, The New York ... (Tue, 08 May 2007 14:06:00 GMT)
Real Estate Agent Accused Of Stealing Thousands
A licensed Miami Dade real estate broker is accused of bilking a South Florida couple out of more than $100-thousand by acting as a mortgage broker. (Tue, 08 May 2007 14:15:00 GMT)
Real estate group downgrades 2007 home sales, pricing forecast
NEW YORK -- A national trade organization for real estate agents is lowering its expectations for the housing market this year to reflect stricter lending standards and the decline in mortgage originations to borrowers with poor credit. (Tue, 08 May 2007 16:04:22 GMT)
Tue: Real estate drags TASE down
The Tel Aviv 25 index fell 1% led by real estate stocks, offset by a strong performance by the banks. The shekel-dollar rate fell another 0.2%. (Tue, 08 May 2007 16:12:33 GMT)
Real estate agent sues bar for refusing him entry
A REAL estate agent who was denied entry to a trendy bar claims the refusal left him psychologically damaged, and unable to socialise with clients for his work. (Tue, 08 May 2007 20:17:00 GMT)
Real estate agent sues bar for refusing him entry
A REAL estate agent who was denied entry to one of Sydney's trendiest bars claims the refusal left him psychologically damaged and unable to socialise with clients. (Tue, 08 May 2007 20:17:00 GMT)
Leading Executives 'Exuberant' About Commercial Real Estate, Says Study
MAY 08, 2007 -- Chicago -- Real estate industry executives are strongly optimistic about the outlook for commercial real estate, and view multifamily as the most attractive real estate investment opportunity, according to findings of DLA Piper’s 2007 State of the Market Real Estate Survey, recently released at the Global Real Estate Summit in Chicago. (Tue, 08 May 2007 22:00:57 GMT)
GE Real Estate, AMB JV Invest $229M in 3 Development Sites
GE Real Estate said today it had closed on three land sites in Los Angeles, Chicago and San Diego purchased as the first acquisitions in a joint venture with a wholly-owned subsidiary of AMB Property Corp. (Tue, 08 May 2007 23:04:07 GMT)
Report: State laws stifle competition in real estate market
Realtors, state laws keep consumers from getting the full benefit that the Internet was expected to bring to the real estate market despite tech gains, regulators say (Tue, 08 May 2007 23:16:45 GMT)
Real Estate Competition Limited
State laws and real estate agents' business practices are preventing consumers from getting the full benefit of the competition that the Internet was expected to bring to the real estate industry, federal regulators said Tuesday. (Tue, 08 May 2007 23:59:25 GMT)
The Westaim Corporation sells Fort Saskatchewan real estate holdings for $13.5M
The Westaim Corporation announced today it has sold its real estate holdings in Fort Saskatchewan, Alberta, for net proceeds of $13.5 million. The company will record a book gain of approximately $7.5 million on the transaction. (Wed, 09 May 2007 01:15:30 GMT)
Patel Engg to float real estate arm - paper
MUMBAI, May 9 (Reuters) - Construction and civil engineering firm Patel Engineering Ltd. has floated a real estate arm into which it will transfer all its property assets, a newspaper report said on Wednesday. (Wed, 09 May 2007 04:21:06 GMT)
Briefing - Asia Real Estate - May 9, 2007
An executive briefing on real estate for May 9, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Wed, 09 May 2007 05:21:00 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, 09 May 2007 05:29:10 GMT)
Net's real-estate benefits unrealized, panel says
State laws and real-estate agents' business practices are preventing consumers from getting the full benefit of the competition that the... (Wed, 09 May 2007 07:16:03 GMT)
Real estate trade group lowers forecast for '07 housing market
NEW YORK - A national trade organization for real estate agents is lowering its expectations for the housing market this year to reflect stricter lending standards and the decline in mortgage originations to borrowers with poor credit. (Wed, 09 May 2007 08:02:55 GMT)
SEBA Real Estate announces completion of Mangrove Village in Abu Dhabi
SEBA, a leading Abu Dhabi based Real Estate Company, announced today the completion of one of its major projects Mangrove Village in Abu Dhabi. (Wed, 09 May 2007 09:06:12 GMT)
Cityscape Abu Dhabi honours real estate excellence
Cityscape Abu Dhabi presented the eagerly anticipated Cityscape Real Estate Awards last night during a glittering gala dinner at the Emirates Palace Hotel in Abu Dhabi. (Wed, 09 May 2007 10:21:33 GMT)
(AFX UK Focus) 2007-05-09 11:40 GMT: Greeces GEK and unit Terna to invest 300 mln eur in real estate between 2007-09
ATHENS (Thomson Financial) - Greek construction, real estate and energy group Gek with its unit Terna said at an analysts' presentation that they plan total real estate investments of about 300 mln eur between 2007 to 2009. (Wed, 09 May 2007 10:48:50 GMT)
Etisalat sponsors Cityscape Real Estate Awards, Abu Dhabi
Etisalat again demonstrated its commitment to the UAE and real estate sector by sponsoring the Cityscape Real Estate Awards. (Wed, 09 May 2007 13:06:02 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, 09 May 2007 16:18:39 GMT)
Across America Real Estate Secures Additional $25 Million Senior Credit Facility
Across America Real Estate Corp. (OTCBB: AARD) aprovider of 100% construction financing to retail developers andfranchisors announced the completion of a $25 million senior creditfacility with United Western Bank, based in Denver, CO. Combined with theCompany's existing $10 million senior credit facility and its $26 millionin equity and subordinated debt lines, Across America Real Estate has ... (Wed, 09 May 2007 16:50:01 GMT)
Real estate transactions
Residential real estate transactions over $200,000 filed with the Clark County Assessor from March 16-31. The information includes seller's name, buyer's name, property location, description, price and closing date. Listed below are some of the 771 home sales recorded in March. (Wed, 09 May 2007 17:18:47 GMT)
Timing the Real Estate Market With iShares New 'Sector' REITs
Different parts of the real estate market operate on vastly different cycles, with a performance gap of 39% over the last year alone. (Wed, 09 May 2007 17:19:18 GMT)
Birmingham real estate firm invests $50M in San Diego hospital
Birmingham's Medical Properties Trust Inc. is investing $50 million in health care real estate in the San Diego market, boosting the real estate investment firm's 2007 investments to $141 million. (Wed, 09 May 2007 19:34:11 GMT)
Malibu Real Estate Report
Are we in Victorville yet? The theme of many recent sour real estate reports highlights the crisis in the sub-prime lending market. (Wed, 09 May 2007 20:51:07 GMT)
Medical Properties Trust Announces $50 Million Healthcare Real Estate Investment
Medical Properties Trust, Inc. (NYSE: MPW) announced today that it is investing $50 million in healthcare real estate in the San Diego, California market. With the investment announced today, MPT has invested $141 million in 2007. (Wed, 09 May 2007 22:18:57 GMT)
Changing the Use of Comprehensive Real Estate Tax
The government has decided to change its existing standard allocation of comprehensive real estate tax, which local governments have used with discretion so far, so that some of the tax revenue can be spent entirely on social welfare and education. (Wed, 09 May 2007 23:36:55 GMT)
American Real Estate Partners, L.P. Reports First-Quarter Financial Results and a 50% Increase in its Quarterly ...
American Real Estate Partners, L.P. today reported (Thu, 10 May 2007 00:38:00 GMT)
5 arrested in alleged Alameda County real estate fraud
The husband-and-wife owners of a Vallejo mortgage company and three other people were arrested today for their roles in an alleged $3.5 million real-estate fraud in Alameda County, authorities said. Amy Schloemann, 30, and her husband, Karim Akil, 40,... (Thu, 10 May 2007 01:01:45 GMT)
S.Korea real estate price growth slowing - c.bank
SEOUL, May 10 (Reuters) - The slowing pattern in South Korean real estate prices is becoming more visible while liquidity in the financial system remains "favourable", the central bank said on Thursday in explaining why it held interest rates steady. (Thu, 10 May 2007 02:08:53 GMT)
Norfolk City Council proposes lower real estate taxes
A Norfolk anti-tax group pushing for lower real estate taxes is happy with an agreement reached late on Wednesday. "It's amazing what they can do when they need to and they listen to the citizens," said Vic Yurkovic, an anti-tax activist. (Thu, 10 May 2007 03:27:18 GMT)
Hypo Real Estate Quarterly Profit Rises 25% on Interest Income
May 10 (Bloomberg) -- Hypo Real Estate Holding AG, Germany's second-biggest commercial-property lender, said first-quarter profit rose 25 percent on higher interest income. (Thu, 10 May 2007 07:58:36 GMT)
German Stocks Including E.ON Fall; BMW, Hypo Real Estate Gain
May 10 (Bloomberg) -- German stocks including E.ON AG retreated. Bayerische Motoren Werke AG paced rising shares after Goldman, Sachs & Co. recommended the stock. Hypo Real Estate AG climbed after Germany's second-largest commercial-property lender posted higher-than-expected earnings. (Thu, 10 May 2007 08:43:38 GMT)
Al Basel Real Estate Broker commences operations in UAE
Al Basel Real Estate Broker, a leading property sales intermediary, has recently introduced a portfolio of innovative brokerage services in a move predicted to encourage higher quality standards of residential and commercial property transactions. (Thu, 10 May 2007 09:06:11 GMT)
DGAP-News: Colonia Real Estate AG: Colonia Real Estate AG raises approx. EUR 179mn new capital - successful completion ...
DGAP-News: Colonia Real Estate AG: Colonia Real Estate AG raises approx. EUR 179mn new capital - successful completion of rights offering as basis for further expansion - take-up quota of new shares at 99.71% (Thu, 10 May 2007 10:34:48 GMT)
Sector movers: Real Estate builds gains, Mining suffers
LONDON (SHARECAST) - Bid chat had Real Estate marching higher, with property firm Hammerson up 8% on rumours that private equity group Kohlberg Kravis Roberts is stalking. (Thu, 10 May 2007 10:38:41 GMT)
OAKLAND / Couple, 3 others held in real estate scheme
The husband-and-wife owners of a Vallejo mortgage company and three other people were arrested Wednesday for their roles in an alleged $3.5 million real estate fraud in Alameda County, authorities said. Amy Schloemann, 30, and her husband, Karim Akil,... (Thu, 10 May 2007 10:41:53 GMT)
Colonia Real Estate AG Raises Approx. EUR 179mn New Capital
THIS ANNOUNCEMENT IS NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA. Colonia Real Estate AG ( Nachrichten / Aktienkurs ) (ISIN: DE0006338007, WKN 633800) has concluded its share capital from EUR 15,704,000 to EUR 21,985,600 by issuing 6,281,600 new ordinary shares from authorized capital. (Thu, 10 May 2007 10:52:12 GMT)
Brazil Real Estate Co Agra Raises BRL786 Million From IPO
SAO PAULO -(Dow Jones)- Brazilian real estate company Agra Empreendimentos Imobiliarios SA (AGIN3.BR) raised a total of 786 million Brazilian reals ($390 million) from its initial public offering of shares, more than the BRL698 million initially announced, the company said Wednesday. (Thu, 10 May 2007 11:01:44 GMT)
The Danger of Real Estate Incentives
Real estate agent Chris Elizabeth Griffith tells her clients they need to be creative to lure buyers. In Bonita Springs, Fla., a Gulf Coast community crowded with vacation homes and newly built condos, she suggests her sellers offer to pay a year's worth of association fees, annual property taxes, or closing costs. Her favorite tease to put in home listings: "Call for the latest juicy ... (Thu, 10 May 2007 12:08:41 GMT)
Downtown Baltimore real estate remains hot commodity
The recent sale of the 21-story Mercantile Bank and Trust Building and the 16-story W.R. Grace Building to USA Realty Fund for $78.9 million reinforces that despite national market declines, downtown Baltimore real estate is still a hot market for investors. (Thu, 10 May 2007 13:19:56 GMT)
Hand grenades discovered by real estate agent
A real estate agent getting a house ready to sell at 1119 E. Ninth St., in Des Moines got a surprise when he checked the residence on Wednesday. He... (Thu, 10 May 2007 14:10:11 GMT)
Hungary Real Estate Cos Say 0.25% Real-Estate Tax Realistic
BUDAPEST -(Dow Jones)- Hungarian real-estate firms said Thursday that a value-based real-estate tax rate of around 0.25% would be realistic under government plans to levy such a tax from the start of next year. (Thu, 10 May 2007 14:33:14 GMT)
Vrdolyak indicted in real estate case
Edward R. Vrdolyak, the former powerful Chicago alderman and polarizing politician who has been under federal scrutiny in connection with a multimillion-dollar real estate deal, has been indicted by a federal grand jury on fraud and bribery charges, authorities announced today. (Thu, 10 May 2007 18:19:15 GMT)
Ellis joins Heritage NW Real Estate
Sherri Ellis has joined Heritage NW Real Estate as a licensed real estate broker. Ellis grew up in the Lebanon/Albany area. She owned her own manicuring salon for 15 years and recently worked as a manicurist at Kona Coast. (Thu, 10 May 2007 20:02:32 GMT)
A Real Estate Bull Has a Change of Heart
Once a serious booster for real-estate investment, David Lereah, chief economist of the National Association of Realtors, is now sounding a note of pessism. In 2005, he wrote Are You Missing the Real Estate Boom, which suggested profits would "climb through the end of the decade." Robert Siegel talks with Lereah. (Thu, 10 May 2007 22:17:35 GMT)
Real estate sector needs more reform measures
Despite cooling measures, in the year's first quarter real estate investment increased 26.9 percent year-on-year, while housing prices continuously rose, although by smaller margins. (Fri, 11 May 2007 00:54:02 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, 11 May 2007 02:08:51 GMT)
Real Estate Agent Accused Of Seeking Kickbacks In Sale Of State Building
A real estate agent faces charges of soliciting a kickback and revealing bidding information in relation to the sale of a state-owned building in downtown Madison, according to federal and state authorities. (Fri, 11 May 2007 02:11:00 GMT)
Real estate agent accused of seeking kickback
A Brookfield real estate agent was charged Thursday in federal court with trying to get a $75,000 kickback in exchange... (Fri, 11 May 2007 02:28:14 GMT)
Normandy Real Estate Takes Boston Buildings for $73M
Normandy Real Estate Partners has bought a pair of buildings in Boston totaling 257,700 square feet for about $73 million. The two structures, 281 and 321 Summer Street, are office and retail buildings in the South Boston Waterfront District of Boston. (Fri, 11 May 2007 03:03:48 GMT)
SEMATECH's move could impact local real estate
ALBANY SEMATECH is coming to Albany and bringing 450 high-tech jobs along. All those new employees -- and people in related job fields -- will have to find places to live. Our Ken Jubie has more on how SEMATECH's move to the Capital Region could impact area real estate. (Fri, 11 May 2007 03:39:54 GMT)
Al Basel Real Estate Broker Commences Operations in Uae
DUBAI, May 11 Asia Pulse - Al Basel Real Estate Broker, has recently introduced a portfolio of innovative brokerage services in a move predicted to encourage higher quality standards of residential and commercial property transactions. (Fri, 11 May 2007 03:53:00 GMT)
Qatari Diar signs real estate deal in Yemen
Sanaa • An investment agreement for carrying out a real estate project in Yemen was signed here. The agreement was signed signed for Diar by the comapany’s Chief Executive Officer Nasir Hassan Al Ansari and for the Yemeni investment authority by its chairman Saleh Mohammed Said Al Attar. (Fri, 11 May 2007 04:00:01 GMT)
Ent plans educational programs on real estate
Ent Federal Credit Union will host a series of educational programs on real estate during its third annual Real Estate Week beginning Saturday. (Fri, 11 May 2007 04:16:00 GMT)
Briefing - Asia Real Estate - May 11, 2007
An executive briefing on real estate for May 11, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Fri, 11 May 2007 05:41:00 GMT)
High-End Real Estate Sizzles in Hanoi: Richard Ellis Vietnam MD
HANOI, May 11 Asia Pulse - "The Hanoi property market is now red hot," said CB Richard Ellis (CBRE) Vietnam managing director Marc Townsend in a seminar held yesterday to review the capital city real estate market during the first quarter of the year. (Fri, 11 May 2007 05:47:00 GMT)
Mortgage Brokers Association Condemns Real Estate Scheme
The California Association of Mortgage Brokers is condemning a local real estate scheme that has left several investors nearly broke and many Elk Grove homes in foreclosure. (Fri, 11 May 2007 06:22:55 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. (Fri, 11 May 2007 08:12:20 GMT)
Westpoint head seeks real estate return
The head of the collapsed property group Westpoint is fighting to resurrect his career as a real estate agent and regain control of his company Westpoint Realty. (Fri, 11 May 2007 09:24:29 GMT)
Ultimate Resort completes $100M real estate assets purchase
Ultimate Resort LLC has finalized the acquisition of Tanner & Haley Resorts' real estate assets. (Fri, 11 May 2007 13:52:15 GMT)
Trulia.com Answers Real Estate Questions With 'Trulia Voices' and Alerts Home Buyers When Their Dream Home Hits the ...
For the 80% of home buyers turning toward the Internet to help make an informed real estate purchasing decision, Trulia.com, the national residential real estate search engine, today emerged from beta phase to announce new services and a significant site upgrade. Trulia Voices, Trulia Alerts and new smart filtering features now make it easier than ever for consumers to search the site's more than ... (Fri, 11 May 2007 16:47:20 GMT)
Suburban offers a glimpse at new real-estate tax bill
York Suburban taxpayers can find out exactly how the district's proposal to replace a portion of the real estate tax with a personal income tax will affect them by going online. (Fri, 11 May 2007 17:16:47 GMT)
Real estate agent found not guilty of theft from home he represented
FRANKLIN - A real estate agent accused of stealing from clients has been found not guilty by a jury. (Fri, 11 May 2007 17:20:47 GMT)
Real Estate Live
Welcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty. (Fri, 11 May 2007 18:23:32 GMT)
Real Estate Weekly -- May 11
A federal report released this week concluded that some state laws and real-estate industry practices have hindered competition. (Fri, 11 May 2007 18:37:38 GMT)
Charter Realty Holdings Ltd. (TSX-V: CRH) Completes Conversion to a Real Estate Investment Trust
Charter Realty Holdings Ltd. (the 'Company' or 'Charter') (TSX VENTURE: CRH) is pleased to announce that the plan of arrangement to convert the Company into a real estate investment trust was completed on May 10, 2007, and the final approval of the conversion has been granted by the TSX Venture Exchange. (Fri, 11 May 2007 19:15:00 GMT)
Nomura Real Estate profit doubles to Y26 bil
TOKYO — Nomura Real Estate Holdings Inc said Friday its group net profit for fiscal 2006 more than doubled from a year earlier to 26.30 billion yen as it enjoyed robust demand for housing and office buildings amid Japan's stable economic recovery. (Fri, 11 May 2007 20:07:51 GMT)
Nomura Real Estate's Net Profit Doubles to 26 Bil. Yen in FY 2006
By Kyodo News International, Tokyo May 11--TOKYO -- Nomura Real Estate Holdings Inc. (Fri, 11 May 2007 22:11:41 GMT)
Malibu Real Estate Report
Are we in Victorville yet? The theme of many recent sour real estate reports highlights the crisis in the sub-prime lending market. (Fri, 11 May 2007 23:51:06 GMT)
Oahu real estate market firming up
Sales are up, prices are up and the number of days homes on Oahu are staying on the market are down, all signs that the state's largest real estate market may be gaining strength, according to a new report from Prudential Locations. (Sat, 12 May 2007 00:28:37 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, 12 May 2007 01:03:35 GMT)
Real estate transfer tax misses mark by 21 percent
The state real estate transfer tax revenue from January through April shows that the planned $149.6 million in the coffers for the first quarter never materialized. (Sat, 12 May 2007 04:07:23 GMT)
City's budget keeps real estate tax rate stable
Williamsburg City Council approved its 2008 budget Thursday, keeping the city's real estate tax rate at 54 cents per $100 of assessed value. (Sat, 12 May 2007 07:03:26 GMT)
Real Estate Transfers
Real Estate Transfers (Sat, 12 May 2007 07:07:27 GMT)
Former Equity One execs form real estate investment firm
Real estate executive Doron Valero is going back to his entrepreneurial roots. (Sat, 12 May 2007 07:19:07 GMT)
Sotheby's eyes Valley's real estate
Arizona's reputation as a destination for resorts, golf courses and plush vacation homes has caught the attention of a prestigious real estate company that caters to the global wealthy elite. (Sat, 12 May 2007 10:50:03 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, 12 May 2007 11:24:00 GMT)
Sharia'a compliant real estate fund acquires Pound 58.8 million UK portfolio
A Pan-European Islamic Real Estate Fund, sponsored by European Islamic Investment Bank plc (EIIB), today announced the purchase of a Pound 58.8 million portfolio of five UK commercial properties. (Sat, 12 May 2007 11:51:01 GMT)
• Miami Real Estate Agent Faces Charges For Bilking $100,000
Miami Dade real estate broker James Warmington has been charged with fraud after a couple in South Florida accused him of bilking them of over $100,000. (Sat, 12 May 2007 13:53:34 GMT)
Real Estate 101
This week on Real Estate 101 we're opening up some viewer mail to find out what's on the minds of buyers and sellers in the Capital Region. Here to provide us with the answers to your questions is Jim Pugliese. Jim is a senior instructor with the New York State Association of Realtors. (Sat, 12 May 2007 17:00:51 GMT)
Taxpayers Paid Millions For Underwater Real Estate
Two Miami developers were selling, and buying, six acres of underwater real estate off the Coral Gables shoreline. Taxpayers eventually bought the property. (Sat, 12 May 2007 18:22:00 GMT)
Johnson Controls Acquires U.K.-Based Fulcrum to Expand European Real Estate Services
Johnson Controls Inc. is continuing to expand its commercial real estate offerings to its multinational clients with the acquisition of U.K.-based Fulcrum Corporate Real Estate Ltd.. Terms of the purchase were not released today. (Sat, 12 May 2007 19:03:49 GMT)
County real estate booming; But Fewer properties selling in Sarnia
Local home sales are skyrocketing, but much of the action is taking place outside the city. Michelle Timmers, president of the Sarnia-Lambton Real Estate Board, said Thursday that sales for April almost reached the $32-million mark. During the same month a year ago, the figure was just $25 million. (Sat, 12 May 2007 20:03:12 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, 13 May 2007 03:01:27 GMT)
Real estate news in brief: Construction rates, sales rates
A list of recent real estate construction rates and sales rates. (Sun, 13 May 2007 04:09:55 GMT)
Real estate news in brief: Staff appointments, sales leaders
A list of recent real estate staff appointments and sales leaders. (Sun, 13 May 2007 04:10:05 GMT)
Real Estate Briefs: May 13, 2007
A list of real estate related news items. (Sun, 13 May 2007 04:10:25 GMT)
Real estate siesta for Spain?
In the heyday of Spain’s real estate boom a few years ago, homes were going up so fast brick-makers literally could not bake the things fast enough, and had to import. The locomotive driving Europe’s fastest-growing economy was red hot. (Sun, 13 May 2007 04:20:07 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, 13 May 2007 07:13:19 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, 13 May 2007 07:29:54 GMT)
Real estate council looking into realtor’s role in Riverbend sales
The realtor who sold Riverbend home-buyers their townhouses is under investigation by the Real Estate Council of BC. (Sun, 13 May 2007 08:08:14 GMT)
Real estate event, Cityscape Abu Dhabi, concludes on a successful note
Cityscape Abu Dhabi, the real estate development and investment event, came to an end on Thursday, May 10, 2007 amidst the praises of both exhibitors and visitors who claimed that the event's location in the UAE's capital city attracted high-net-worth visitors resulting in a large volume of business transactions. (Sun, 13 May 2007 08:29:57 GMT)
Dubai's leading real estate firm introduces innovative brokerage service
Al Basel Real Estate Broker, a leading Dubai-based real estate sales intermediary, has introduced a portfolio of innovative brokerage services in a move to encourage higher quality standards of residential and commercial property transactions. (Sun, 13 May 2007 08:30:07 GMT)
Real estate boom transfers to the Internet
Daniel Nussbaum is making what seems to be a painless transition from the real estate boom into what he hopes will be the next Internet boom. The former dentist, who grew up in Long Beach, N.Y., has spent the last four years buying up Web domain names by the virtual truckload. (Sun, 13 May 2007 09:15:52 GMT)
Berlin's zeitgeist driving a hyperactive real estate market
BERLIN -- A glimpse of this city's real estate pages suggests that just about anything is for sale: A Brit is turning a former Hitler Youth headquarters into a luxury club, Americans have bought up swaths of former Communist-era apartment buildings, a German company has transformed a red-brick prison into condominiums, and owners of rooftop flats have never been coyer. (Sun, 13 May 2007 09:41:22 GMT)
Real Estate
Chris Wachholz pulls apart an old bathroom from the Southern States building, also shown at top. The HIllsborough building is being deconstructed by Wachholz and his company, Cabins, Cottages and Bungalows. The materials will be recycled for other real estate development projects. (Sun, 13 May 2007 13:13:36 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, 13 May 2007 14:04:06 GMT)
Real estate notes
* Commercial Real Estate Women of Pittsburgh gave its "Most Creative Deal of the Year" award to three agents. They are Cynthia Kamin of CB Richard Ellis/Pittsburgh, Michelle Slater of Union Real Estate and Elizabeth Krichten of CBRE/Melody. (Sun, 13 May 2007 14:11:40 GMT)
Real estate professionals give back to the community
Mary Lou Woolard and others make a living selling real estate. She also knows there comes a time to give back. Saturday was one of those times. (Sun, 13 May 2007 14:16:09 GMT)
RBI seeks ECB details from real estate firms
After cautioning over an asset bubble in the real estate sector, the Reserve Bank of India (RBI) has cracked the whip. The apex bank has sought clarification from six real estate companies on their proposal to raise external commercial borrowings (ECBs). (Sun, 13 May 2007 19:03:19 GMT)
Real Estate Agent Found Murdered Inside Home
JEDDAH, 14 May 2007 — A number of thieves broke into the home of a Saudi real estate agent and killed him by hitting him with an iron object after tying him up. The attackers then smashed the home robbing it of money and other valuables. (Sun, 13 May 2007 23:08:23 GMT)
S. Korea's Overseas Real Estate Purchases Hit Record High
SEOUL, May 14 Asia Pulse - South Korea's overseas real estate purchases hit a monthly high in April on the back of the government's deregulation of buying property abroad, the Ministry of Finance and Economy said Monday. (Mon, 14 May 2007 03:08:00 GMT)
Booming real estate market
In these heady real estate times laden with new development projects and an ever-expanding number of property sales, the title business is just as busy, and industry veteran A.J. Waight believes the current landscape is just right to bring a new title company to the market. (Mon, 14 May 2007 04:51:03 GMT)
Chicago-based real estate powerhouse coming to S.A.
One of the nation's largest real estate houses has set its sights on San Antonio. (Mon, 14 May 2007 04:52:54 GMT)
Partners form new real estate agency to market Real Development properties
A new real estate firm has opened its doors targeting downtown Wichita. (Mon, 14 May 2007 04:56:14 GMT)
Briefing - Asia Real Estate - May 14, 2007
An executive briefing on real estate for May 14, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Mon, 14 May 2007 05:45:00 GMT)
Area's an easy sell when it comes to retail real estate
With assertiveness and a few good breaks, Thomas English, 36, started his real estate and development company fewer than three years ago. (Mon, 14 May 2007 06:59:02 GMT)
Zenath Real Estate to develop AED 2 billion worth of hotel, commercial and residential projects in UAE
In line with its strategic growth and expansion strategy, Zenath Real Estate, one of UAE's leading property development companies and a part of the Khalid Abdullah Al Ghurair Group, has announced the launch of a string of new hotel, residential and commercial projects in the UAE worth AED 2 billion. (Mon, 14 May 2007 07:21:11 GMT)
Real estate funds solid despite industry woes
NEW YORK -- If location is the golden rule of real estate, then many who invest in real estate mutual funds might at times feel as if they've stumbled upon a great deal in the fanciest building in town. (Mon, 14 May 2007 09:02:19 GMT)
Renewed interest in real estate investment in Russia and new legislation governing town planning is seeing the market – ...
It is not news that Russia is still topping the polls as the most attractive destination for real estate investment funds in Europe. Real estate investment in Russia increased by more than 1,000 per cent last year, according to real estate management company Jones Lang LaSalle. (Mon, 14 May 2007 10:06:19 GMT)
Real estate boom transfers to the Internet
Daniel Nussbaum is making what seems to be a painless transition from the real estate boom into what he hopes will be the next Internet boom. The former dentist, who grew up in Long Beach, N.Y., has spent the last four years buying up Web domain names by the virtual truckload. (Mon, 14 May 2007 10:45:59 GMT)
EOP Buyout Triggers Speculation Of Higher Real Estate Demand
Blackstone Group's $23bn takeover of Equity Office Properties in February has resulted in speculation that the real estate market will see demand skyrocket. (Mon, 14 May 2007 12:23:40 GMT)
Real estate transactions
Residential real estate transactions over $200,000 filed with the Clark County Assessor from March 16-31. The information includes seller's name, buyer's name, property location, description, price and closing date. Listed below are some of the 771 home sales recorded in March. (Mon, 14 May 2007 16:17:57 GMT)
Clark County real estate roundup
Recent commercial real estate transactions as reported by area brokerage firms. Northwest Tileworks has leased 1,000 square feet of industrial space from the Bennett Family Trust II, LLC in the Vancouver Business Park, 3315 N.E. 112th Ave., Vancouver. (Mon, 14 May 2007 16:31:24 GMT)
The Global Real Estate Market is Forecast to Reach a Value of about $450 Billion by 2008
DUBLIN, Ireland----Research and Markets has announced the addition of Investing in the Global Real Estate Sector to their offering (Mon, 14 May 2007 16:45:00 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. (Mon, 14 May 2007 18:54:21 GMT)
New Attorney General sues real estate guru, claiming fraud
A Crystal Lake real estate broker has been accused of making false promises of success to consumers who paid $3,500 each to attend three-day seminars to learn "insider secrets." (Mon, 14 May 2007 19:55:33 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, 14 May 2007 20:25:06 GMT)
Chrysler's Real Estate Future Uncertain
In late 1998, it was a behemoth among international mergers, with the German Daimler wedding the American Chrysler. Now its time for parting, and the ramifications for Detroit-area real estate in particular--or real estate in any of the other U.S. markets the company operates in--aren't clear yet. (Mon, 14 May 2007 22:03:48 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. (Mon, 14 May 2007 23:56:21 GMT)
Commercial real estate group eyed
An organization for those connected with the commercial real estate profession wants to launch a Southwest Florida chapter. (Tue, 15 May 2007 00:19:41 GMT)
Chicago real estate financing firm expands to Phoenix
Commercial real estate veteran Gregory K. Miskovsky was named managing director of Cohen Financial's new Phoenix office, where he he will introduce the Chicago company's commercial real estate financing, investment banking and capital services to the Southwest market. (Tue, 15 May 2007 04:10:35 GMT)
Real estate agent raped waiting to show home
A Rock Hill real estate agent was raped over the weekend in a home she planned to show to a friend, according to the Rock Hill police. The incident happened around 9:30 a.m. Saturday at a house in the 300 block of South Jones Avenue, a police report stated. (Tue, 15 May 2007 04:25:30 GMT)
Briefing - Asia Real Estate - May 15, 2007
An executive briefing on real estate for May 15, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. AUSTRALIAN RATE RISE POSSIBLE WITH STRONG HOUSING FINANCE DATA (Tue, 15 May 2007 05:31:00 GMT)
Commercial Real Estate News Digest
COMMERCIAL REAL ESTATE NEWS DIGEST Real estate law practice adds six lawyers to its S. (Tue, 15 May 2007 08:50:05 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. (Tue, 15 May 2007 09:23:48 GMT)
• Dabbling Into The Miami Commercial Real Estate Market: A Beginner's Guide
If the terms "commercial real estate" is alien to you, then this article will serve as a good jump-off point, should you consider dabbling into the colorful world of Miami commercial real estate. Truth be told, commercial real estate is both a simple and complicated concept. (Tue, 15 May 2007 10:38:20 GMT)
Real estate agent sexually assaulted
A Rock Hill real estate agent was sexually assaulted over the weekend in a home she planned to show to a friend, according to the Rock Hill police. (Tue, 15 May 2007 10:47:24 GMT)
DAILY DIGEST / Coldwell Banker buys Droubi Real Estate
Coldwell Banker Residential Brokerage, the largest real estate brokerage in Northern California, has acquired San Francisco's Droubi Real Estate Inc., a boutique brokerage with 40 sales associates. Droubi will operate under the Coldwell name at its upper... (Tue, 15 May 2007 10:54:38 GMT)
Real Estate Executive Fights Charges
A real estate executive is fighting charges based on the sale of a state government building. (Tue, 15 May 2007 11:07:16 GMT)
DAILY DIGEST / Coldwell Banker buys Droubi Real Estate
Coldwell Banker Residential Brokerage, the largest real estate brokerage in Northern California, has acquired San Francisco's Droubi Real Estate Inc., a boutique brokerage with 40 sales associates. (Tue, 15 May 2007 11:29:44 GMT)
FGB Real Estate Dept launches Westburry Square
First Gulf Bank Real Estate Department has launched today Westburry Square, a twin tower community which will encompass residential, retail and commercial units and will have a construction area of over 900,000 square feet. (Tue, 15 May 2007 12:06:01 GMT)
White & Case scoops Russian real estate IPO
White & Case has secured a lead role advising on the largest Russian real estate IPO to date. (Tue, 15 May 2007 14:36:31 GMT)
HotPads.com Launches Next Generation Real Estate Search Site With Satellite Imagery, Expanded Demographic and ...
HotPads.com, a real estate search and listing service, today launched its next generation site, http://hotpads.com/, a more interactive, intuitive, and visually compelling destination that makes listing rental properties or finding a new home easier than ever before. Features including satellite imagery provide house-hunters with a bird's eye view of the neighborhoods that most interest them, and ... (Tue, 15 May 2007 16:09:54 GMT)
Delta re-hires Boatright as real estate VP
Delta Air Lines said it has re-hired John Boatright as vice president of corporate real estate, following his 2003 early retirement and a job overseeing construction of the Atlanta Airports fifth runway. Citing Boatrights 35-year aviation career, Delta said Tuesday that he will return to his old post to oversee the carrier's dealings with more than 300 airports around the globe. Delta Chief ... (Tue, 15 May 2007 16:39:56 GMT)
Agency will get new real estate
One of the fastest-growing real estate firms in the Midlands is planning a new headquarters on Colonial Life Boulevard in Columbia. (Tue, 15 May 2007 16:47:03 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. (Tue, 15 May 2007 17:44:01 GMT)
Commercial Real Estate Development Keeps Economy from Stalling Despite Housing Slowdown
There's a safety net for the country's slowing housing market, after all. It's the commercial real estate market. (Tue, 15 May 2007 18:44:28 GMT)
Jenny Pruitt sued by real estate firm she founded
Now it's Pruitt vs. Pruitt. Jenny Pruitt & Associates filed suit in Fulton County Superior Court on Tuesday against the real estate company's namesake and founder, in a dispute that company President and CEO Dan Parmer described as "a little like a divorce." The suit alleges that Jenny Pruitt, who left the company in January and annnounced earlier this month her intention to open a competing ... (Tue, 15 May 2007 19:54:57 GMT)
Real estate, venture capital groups fight to keep tax preferences
The real estate and venture capital industries fear they will be ensnared by a Senate proposal, still in its embryonic stages, that would raise taxes on private equity and hedge fund managers. (Tue, 15 May 2007 23:41:27 GMT)
One billion real estate finance to Egyptians this year
Egypt's Minister of Investment Mahmoud Mohi Eddin said the real estate finance achieved a remarkable increase during the last two years. (Wed, 16 May 2007 02:28:55 GMT)
One billion real estate finance to Egyptians this year
Egypt's Minister of Investment Mahmoud Mohi Eddin said the real estate finance achieved a remarkable increase during the last two years. Mohie Eddin estimated the real estate finance provided by the companies and banks operating in this field at more than L.E. one billion till March 2007. (Wed, 16 May 2007 02:36:38 GMT)
CORR: SAUDI, UAE FIRMS TO INVEST US$2.7 BLN IN UAE REAL ESTATE
Middle East Saudi Arabia's Zahran Group and Ishraqah of the UAE have announced that they plan to invest over Dhs10 billion (US$2.7 billion) in the UAE's real estate market in the next couple of years to develop mutiple property projects. (Wed, 16 May 2007 05:27:29 GMT)
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