Real Estate News Aug 2007

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Obituary: James Patrick Pigott / Munhall real estate agent and civic leader
With James Pigott as her real estate mentor, Mary Frances Miller learned not to inject herself into a sale, to always keep her word and to treat all buyers and sellers equally no matter the size of their home. (Thu, 16 Aug 2007 04:23:55 GMT)

Fidelity, Franklin Hit as Real Estate Funds Lose $13 Billion
Aug. 16 (Bloomberg) -- Fidelity Investments, Franklin Resources Inc. and Kensington Investment Group Inc. are the biggest losers in a decline by U.S. real estate funds that wiped out $13 billion in the past three months. (Thu, 16 Aug 2007 04:29:47 GMT)

Briefing - Asia Real Estate - Aug 16, 2007
An executive briefing on real estate for Aug 16, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. INDONESIAN PROPERTY CO PERDANA GAPURAPRIMA TO LAUNCH IPO (Thu, 16 Aug 2007 06:23:00 GMT)

Real estate still looks rosy in Utah, local experts say
With pundits around the country playing Chicken Little when it comes to the national housing market, local economists and real estate experts continue to have a more optimistic outlook for Utah's market. (Thu, 16 Aug 2007 06:26:03 GMT)

• How to Buy Commercial Property in Florida Real Estate
Are you planning to buy commercial property in Florida real estate? Definitely, you want to have the easiest way to purchase a commercial property in Florida real estate. (Thu, 16 Aug 2007 09:08:30 GMT)

Real estate suffers hangover from rate rises
All the best parties tend to conclude with painful hangovers. In real estate, the celebrations have been going on for nearly five years against the heady backdrop of strong investor demand, rising prices, cheap debt and a benign occupier market. (Thu, 16 Aug 2007 09:16:12 GMT)

A real estate agency offers much more
Manny Goncalves Cape Verde Goncalves Real Estate, Brockton Many years ago Manny Goncalves decided he wanted to start a business in Brockton that would serve the city's growing Cape Verdean population. (Thu, 16 Aug 2007 09:30:14 GMT)

DLF To Clinch Rs. 1,600 Cr. Real Estate Deal In Delhi
(RTTNews) - Thursday, the media reported that the construction major, DLF Ltd is set to clinch a real estate deal with DCM Shriram Consolidated to buy 38 acres of land belonging to Swatantra Bharat Mills located in north Delhi for a consideration of over Rs. 1,600 crores. (Thu, 16 Aug 2007 11:18:08 GMT)

SRMC's real estate assets
Medical Properties Trust Inc. paid $60 million for Shasta Regional Medical Center's real estate assets, the Alabama firm's top administrator said Wednesday. (Thu, 16 Aug 2007 11:46:18 GMT)

Kuwait Real Estate Sector - The remarkable state of real estate!
Global Investment House – Kuwait – Real Estate Sector –August 2007 - The best of times are here to remain as portended by the global oil demand forecasts. Oil price anywhere above US$50 is bound to ensure adequate liquidity in Kuwait. (Thu, 16 Aug 2007 13:49:04 GMT)

Manhattan defying real estate downturn
City thrives as rest of US markets fail Much of the country is facing the worst real estate downturn in recent memory, and the symptoms are unmistakable: High inventory, overbuilding by developers, fewer properties moving after spending more time on the market and, of course, fewer people buying. (Thu, 16 Aug 2007 13:49:25 GMT)

Fidelity, Franklin Hit as Real Estate Funds Lose $13 Billion
Aug. 16 (Bloomberg) -- Fidelity Investments, Franklin Resources Inc. and Kensington Investment Group Inc. are the biggest losers in a decline by U.S. real estate funds that wiped out $13 billion in the past three months. (Thu, 16 Aug 2007 14:55:44 GMT)

CNA offers loan commission to real estate agents
CNA Mortgage Group Inc. on Thursday announced it is expanding to Florida its realty support network that allows real estate agents to earn commissions on the loan origination process. (Thu, 16 Aug 2007 15:31:37 GMT)

July Housing Starts Raise New Concerns About the Real Estate Market
James Picerno submits: A number of dismal scientists, and market strategists have been advising for some time that the real estate market was set to stabilize. It wasn't poised to grow necessarily, but that was just fine as far as the broader economy was concerned. (Thu, 16 Aug 2007 15:55:22 GMT)

REAL ESTATE AGENCIES
NEVSKY PROSTOR (show on map) Since 1996 year "NEVSKY PROSTOR" has been in the range of the top ten real estate companies. In 1998 "NEVSKY PROSTOR" became an official member of the Real Estate Association of Saint-Petersburg and started co-operation with The St.Petersburg Times. (Thu, 16 Aug 2007 18:51:26 GMT)

Wis. real estate agent pleads not guilty to kickback scheme
Associated Press - August 16, 2007 3:15 PM ET MADISON, Wis. (AP) - A Wisconsin real estate agent has pleaded not guilty to charges that he solicited a kickback on the sale of a state office... (Thu, 16 Aug 2007 19:22:56 GMT)

Wis. real estate agent pleads not guilty to kickback scheme
A Wisconsin real estate agent has pleaded not guilty to charges that he solicited a kickback on the sale of a state office building. (Thu, 16 Aug 2007 20:44:48 GMT)

Island Real Estate Sales See Second Quarter Gain With Few Mortgage Ills
As a widening home mortgage crisis ripples through national financial markets, positive trends in the second quarter indicate that the Vineyard real estate market has stabilized and is even showing growth.Patience and supply and demand, the ultimate self-correcting economic process, was at work in the Vineyard market during the three-month period which ended June 30. (Fri, 17 Aug 2007 00:26:39 GMT)

'Real Estate Ingenious' song a viral marketing hit
A realtor vented his frustrations on the Internet about Kern County’s funny money real estate market. Jonathan Vaughn wrote lyrics and used a music bed from a popular beer TV... (Fri, 17 Aug 2007 02:40:49 GMT)

Real-Estate Funds Are Hit Hard
Real-estate mutual funds are posting huge losses after seven years of big gains, hit by trouble in debt and property markets. (Fri, 17 Aug 2007 03:05:48 GMT)

Another big real estate auction coming
RealEstateAuctionByOwner.Com, Inc of Las Vegas, Nevada announces the August 25th Multiple Property Real Estate Auction. (Fri, 17 Aug 2007 04:07:51 GMT)

Real estate events
Aug. 20 Educational Workshop for Real Estate Investors. Educational workshop presented by a panel of experts in the area of real estate investments, structuring of 1031 exchanges, and the strategic allocation of investment assets. (Fri, 17 Aug 2007 04:25:09 GMT)

Business Objects Targets BI at Real Estate
Business Objects has expanded its OEM partnership with Accruent to help bring the beneits of business intelligence offerings to the real estate sector. (Fri, 17 Aug 2007 06:00:30 GMT)

Buyers, real estate agents scrambling for new loans
The sudden halt in business at First Magnus Financial Corp. had local customers and real estate agents sweating the possible consequences on Thursday. (Fri, 17 Aug 2007 07:07:56 GMT)

Fortis Real Estate plans international growth, 'too early' to comment on ABN
BRUSSELS (Thomson Financial) - Fortis Real Estate, a fully-owned subsidiary of Belgo-Dutch bancassurer Fortis NV plans more international expansion, said CEO of the division, Alain Devos in an interview with Belgian financial daily L'Echo. (Fri, 17 Aug 2007 08:57:03 GMT)

CREIT snaps up half of Crossing: HRM real-estate giant may be biggest landlord in metro with addition of shopping centre
One of the biggest players in the HRM real-estate market has just added half of Dartmouth Crossing to its portfolio. (Fri, 17 Aug 2007 09:42:53 GMT)

Business Objects targets BI at real estate
The two companies signed a deal this week to collaborate over the development of focused BI and analytic applications geared specially for optimizing real estate management. (Fri, 17 Aug 2007 09:58:27 GMT)

(AFX UK Focus) 2007-08-17 12:05 GMT: UK Balanced Property gets shareholders nod to sell portfolio to GE Real Estate
LONDON (Thomson Financial) - The UK Balanced Property Trust Ltd (UKBPT) said its shareholders have passed the resolution approving the proposed sale of the trust's entire property portfolio to GE Real Estate for 417.5 mln stg, at the EGM. (Fri, 17 Aug 2007 11:35:49 GMT)

Real estate prices to grow in India: Ansal
Chandigarh, Aug 17 (PTI) Real estate developer Ansal Housing and Constructions Ltd today said that real estate prices in the metropolitan cities will grow between 10-15 per cent while 20-25 per cent in small cities of the country during next 1-2 years. (Fri, 17 Aug 2007 12:10:16 GMT)

Mother Lode Real Estate Agencies Announce Merger
Sonora, CA -- There's a marriage within the Mother Lode real estate industry being announced today with Clark Segerstrom's Century 21 office merging with the three Coldwell Banker offices operated by Mark Kraft. (Fri, 17 Aug 2007 13:10:15 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. (Fri, 17 Aug 2007 14:10:59 GMT)

Real estate career conference Aug. 16
Strano & Associates, 1910 Carlyle Ave. in Belleville will host a real estate career night at 6:30 p.m., Thursday, Aug. 16. (Fri, 17 Aug 2007 17:12:55 GMT)

Washington Real Estate Buys Properties
Washington Real Estate Investment Trust said Friday it paid $15.3 million for two medical office buildings in Centreville, Va. (Fri, 17 Aug 2007 17:26:34 GMT)

Inland Western Retail Real Estate Trust, Inc. Enters into Merger Agreement to Acquire External Management Companies
OAK BROOK, Ill.----Inland Western Retail Real Estate Trust, Inc. today announced that the company has entered into a definitive agreement and plan of merger to acquire its external Business Manager/Advisor and Property Managers. (Fri, 17 Aug 2007 18:46:00 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, 17 Aug 2007 18:51:10 GMT)

Houston retail real estate market staying strong
Even though the sub-prime mortgage fallout has negatively impacted some major retailers, a report from O'Connor & Assoc. shows that the Houston retail real estate market as a whole continues to grow. (Fri, 17 Aug 2007 20:06:20 GMT)

Real Estate Not Worried About Fed Cutting Discount Rate
While the financial world is all abuzz, many in commercial real estate see little cause to stir about news that the Federal Reserve reduced its primary credit discount rate today, from 6.25 percent to 5.75 percent. (Fri, 17 Aug 2007 21:12:42 GMT)

What Do You Think About The Real Estate Ingenious Song?
If you haven't heard the "Real Estate Ingenious" song, now is your chance to listen. Check it out on our sidebar and then take part in our survey. We'll be airing results on ABC23 tonight at 6 p.m. The survey is below: (Fri, 17 Aug 2007 22:54:43 GMT)

GE Real Estate Makes $120M Investment with Muller Co.
The Muller Co. will acquire 30 properties in Southern California and Arizona submarkets, with a significant equity investment from GE Real Estate, the companies said. The acquisition, which closed yesterday, includes 30 buildings comprising 19 assets in what is known as the SDM Portfolio. (Sat, 18 Aug 2007 00:12:22 GMT)

Local real estate appraiser disputes RealtyTrac's numbers
The mortgage picture isn’t pretty, but local real estate appraiser Gary Crabtree said Bakersfield isn’t as bad off as a recent report has indicated. (Sat, 18 Aug 2007 02:25:49 GMT)

China to amend real estate management law in line with Property Law
China''s legislature is to amend the urban real estate administration law in line with the Property Law, which is to come into effect in October, during an upcoming session. The 29th session of the Standing Committee of the National Pe ... (Sat, 18 Aug 2007 03:46:02 GMT)

Real Estate People & Places
Real estate news in brief. (Sat, 18 Aug 2007 04:20:11 GMT)

Real estate group toughens fist
Aiming to prevent and root out real estate fraud, the area's largest association of agents is preparing to put new pressure on law-enforcement agencies and new rules on its own members, directors said this week. (Sat, 18 Aug 2007 06:46:33 GMT)

Real Estate Transfers
Real Estate Transfers (Sat, 18 Aug 2007 07:07:10 GMT)

Transactions set off hot South Florida commercial real estate market
Transactions set off hot commercial real estate market At a time when South Florida home values are falling, commercial real estate properties are fetching big bucks. (Sat, 18 Aug 2007 07:18:56 GMT)

• How to Make Sarasota Real Estate Investing Work
Real estate investing is one of the most money-spinning types of investing today. There are lots of people who realize that, so more and more people are venturing to such business. (Sat, 18 Aug 2007 08:08:19 GMT)

Real estate events
Aug. 20 Educational Workshop for Real Estate Investors. Educational workshop presented by a panel of experts in the area of real estate investments, structuring of 1031 exchanges, and the strategic allocation of investment assets. (Sat, 18 Aug 2007 08:55:35 GMT)

Pizarro: Real estate giants dress the part
One of the fun puzzles Thursday at the annual bash thrown by real estate broker Mark Ritchie and developer Barry Swenson was guessing what the pair would wear this year. (Sat, 18 Aug 2007 09:04:38 GMT)

Rushing Real Estate adds new clients
Bo Rushing-Barnes and Liz Beaty of Rushing Real Estate have added two restaurant chains to their list of real estate clients, said officials with the Salem company. (Sat, 18 Aug 2007 10:12:31 GMT)

Real estate agents focusing on 'pet-friendly' niche
Developers begin to tout amenities for animals. CHICAGO — In today's real estate market, going to the dogs is not necessarily a bad thing. Linda Lamb, in fact, is sure it's a smart thing. (Sat, 18 Aug 2007 12:51:50 GMT)

''Real estate prices set to grow''
Real estate developer Ansal Housing and Constructions Ltd., on Friday said that real estate prices in the metropolitan cities will grow between 10-15 per cent while 20-25 per cent in small cities of the country during next 1-2 years. (Sat, 18 Aug 2007 14:42:06 GMT)

Real estate career conference Aug. 16
Strano & Associates, 1910 Carlyle Ave. in Belleville will host a real estate career night at 6:30 p.m., Thursday, Aug. 16. (Sat, 18 Aug 2007 15:45:45 GMT)

Real estate woes put new agents through the wringer
Some might call Brian O'Neal a glutton for punishment. The former Ford Motor Co. union representative jumped into the volatile real estate market shortly after the automaker closed its Hapeville plant last fall. "It's a tough market. You've got [real estate] people talking about getting side jobs," said the 34-year-old Realtor who works out of the McDonough office of Coldwell Banker Bullard ... (Sat, 18 Aug 2007 19:43:03 GMT)

Suspect wanted in real estate fraud case
Austin police issued a felony arrest warrant for Francisco David Garza, who they say is making fake real estate listings and taking off with the client's money. (Sun, 19 Aug 2007 01:22:31 GMT)

Suspect wanted in real estate fraud case
Real estate listings on popular websites like Craig's List are being used to make fake deals in the Austin area. Austin police issued a felony arrest warrant for Francisco David Garza. (Sun, 19 Aug 2007 01:36:54 GMT)

Real estate group toughens fist
Aiming to prevent and root out real estate fraud, the area's largest association of agents is preparing to put new pressure on law-enforcement agencies and new rules on its own members, directors said this week. (Sun, 19 Aug 2007 02:46:34 GMT)

Real estate career conference Aug. 16
Strano & Associates, 1910 Carlyle Ave. in Belleville will host a real estate career night at 6:30 p.m., Thursday, Aug. 16. (Sun, 19 Aug 2007 03:12:42 GMT)

Real estate transactions
The following real estate transactions were filed at the Onondaga County clerk's office. Syracuse 4390 Bellevue Ave.- $39,000 - Nancy Mallette Wart to Mary Lee Detwiler on Aug. 2. (Sun, 19 Aug 2007 04:04:40 GMT)

Real estate transactions
There are a few soft spots this year in the Central New York real estate market. New houses, for example, are selling slowly. And Realtors say there is an oversupply of existing homes for sale in the $400,000-plus range, especially in certain neighborhoods such as the eastern suburbs of Syracuse. (Sun, 19 Aug 2007 04:05:01 GMT)

Transactions set off hot South Florida commercial real estate market
Transactions set off hot commercial real estate market At a time when South Florida home values are falling, commercial real estate properties are fetching big bucks. (Sun, 19 Aug 2007 04:48:58 GMT)

Sky not falling in local real estate market
Recently I was asked to analyze our residential real estate market. (Sun, 19 Aug 2007 05:15:20 GMT)

Real estate bigwigs' loophole may become burden
Some big real estate players are taking advantage of a legal maneuver that can save them thousands in fees on a major sale — but experts say it... (Sun, 19 Aug 2007 05:16:10 GMT)

Real estate producing winners and losers
Jeff and Amy Holloway took a chance. Against their real estate agent's advice, the couple purchased a new house before finding a buyer for the small starter home they were ready to leave behind. (Sun, 19 Aug 2007 06:52:44 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, 19 Aug 2007 07:29:56 GMT)

Thoughts about real estate investment
You may have heard that "real estate is always a good investment." However, that's a "blanket" statement and not terribly useful. In fact, it raises many questions: Does real estate really go up in value all the time? What type of real estate should I invest in? (Sun, 19 Aug 2007 07:52:13 GMT)

Commercial real estate performing well: Rent prospects help sales
WALNUT CREEK -- Investment in commercial real estate is gaining strength in the East Bay, experts say. "Commercial is doing well, with rates rising in all areas except small pockets in the East Bay and Central Valley," said Edward Del Beccaro, managing partner with Colliers International in (Sun, 19 Aug 2007 10:45:28 GMT)

KSE real estate nets KD 211 mln in first half profit
KSE real estate nets KD 211 mln in first half profit (Sun, 19 Aug 2007 11:03:51 GMT)

Boutique German developer Bavaria Gulf set to add new dimension to Dubai Real Estate
German boutique real estate developer Bavaria Gulf today unveiled plans to launch its first project in Dubai at Jumeirah Village South. (Sun, 19 Aug 2007 11:06:21 GMT)

SR 600 Million real estate company approved - KSA
SR 600 Million real estate company approved - KSA (Sun, 19 Aug 2007 15:10:07 GMT)

As U.S. real estate stocks weaken, new ETFs look overseas
BOSTON (MarketWatch) -- Now that U.S. commercial real estate stocks have followed the residential housing market into the gutter as mortgage woes spread, more investors are looking to put overseas properties in their portfolios. (Sun, 19 Aug 2007 19:49:37 GMT)

Settlement w real estate company, agent, developer
The Commerce Commission has reached a settlement with Auckland-based Country Life Real Estate Limited, agent and shareholder Miles Wallace, and Avanti Developments Limited, after they admitted breaching the Fair Trading Act by incorrectly marketing and selling a property as a four bedroom home when building consent had only been obtained for a three bedroom home. (Sun, 19 Aug 2007 22:24:19 GMT)

As U.S. real estate stocks weaken, new ETFs look overseas
As U.S. real estate stocks weaken, new ETFs look overseas (Mon, 20 Aug 2007 03:07:39 GMT)

Development firm sells interests in local real estate assets
A San Antonio real estate firm that owns several large-scale industrial properties in San Antonio has decided to sell off its local portfolio. (Mon, 20 Aug 2007 04:58:33 GMT)

China July Real Estate Climate Index Rises
(RTTNews) - China's national Real Estate Index rose 0.37 points from the previous month to 104, the National Bureau of Statistics said Monday. Annually, the index gained 0.49 points in July. (Mon, 20 Aug 2007 05:16:52 GMT)

Briefing - Asia Real Estate - Aug 20, 2007
An executive briefing on real estate for Aug 20, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Mon, 20 Aug 2007 05:59:00 GMT)

Real estate agent denies wrongdoing
There are calls for the real estate industry to take complaints more seriously after concerns have been raised about an Ashburton real estate agent. Former clients say the agent has been acting unprofessionally and they are unhappy with how the company she worked for has handled the matter. (Mon, 20 Aug 2007 07:08:13 GMT)

German Stocks Advance, Led by Hypo Real Estate, Siemens, MAN
Aug. 20 (Bloomberg) -- German stocks gained, led by Hypo Real Estate Holding AG, the mortgage bank spun off from HVB Group. Siemens AG and MAN AG also advanced. (Mon, 20 Aug 2007 07:22:59 GMT)

Dumping the Real-Estate Agent Can Spur Home Sale: John F. Wasik
Aug. 20 (Bloomberg) -- If you are selling property now in a market bedeviled by huge inventories of homes and a credit crunch, you could do better if you dumped your real-estate agent. (Mon, 20 Aug 2007 07:58:34 GMT)

Real Estate Regulatory Agency outlines its rolls and objectives at Dubai Property Group meeting
Dubai Property Group (DPG), Dubai's only real estate professional association, today hosted Dubai's recently established Real Estate Regulatory Agency (RERA), at its monthly networking event. (Mon, 20 Aug 2007 10:36:01 GMT)

Gagfah expects continuing growth despite US real estate, credit crisis - CEO
FRANKFURT (Thomson Financial) - Real Estate group Gagfah SA expects to continue growing despite the current crisis of the US real estate and credit markets, chief executive Burkhard Drescher said in an interview with weekly Euro am Sonntag that was pre-released today. (Mon, 20 Aug 2007 11:55:08 GMT)

Herkimer County real estate transfers
These real estate transactions were recently filed with the Herkimer County Clerk's Office. Route 8. County of Herkimer to Robert Schrader, $16,500. (Mon, 20 Aug 2007 11:58:38 GMT)

Protego Real Estate Appoints McGhee
LONDON -(Dow Jones)- Protego Real Estate Investors, the European property fund and asset management business, said Monday that it has appointed Alexandra McGhee as Associate - Business Development. (Mon, 20 Aug 2007 13:17:42 GMT)

Kuwait Real Estate Sector - The remarkable state of real estate!
Global Investment House – Kuwait – Real Estate Sector –August 2007 - The best of times are here to remain as portended by the global oil demand forecasts. Oil price anywhere above US$50 is bound to ensure adequate liquidity in Kuwait. (Mon, 20 Aug 2007 14:20:50 GMT)

Al Burj Real Estate announces land handover in Madinat Al Arab
Al Burj Real Estate Ltd., a Dubai-based strategic investor, developer and real estate solutions provider, today announced the handover of the first plots of land at Madinat Al Arab, Dubai Waterfront. The handover will take place in August this year as informed by the master developer, Nakheel. (Mon, 20 Aug 2007 14:22:41 GMT)

Leona Helmsley, Real Estate Developer and Hotel Owner, Dies
Aug. 20 (Bloomberg) -- Leona Helmsley, the real estate developer and hotel operator who took over her husband's property empire and was imprisoned for tax evasion, died today. She was 87. (Mon, 20 Aug 2007 15:29:47 GMT)

Real estate firm to put up leisure, industrial projects in Balamban
ABOITIZLAND, the real estate arm of the Aboitiz Group of Companies, has mulled plans to work on an urban planning development for Balamban in coordination with the local government. (Mon, 20 Aug 2007 16:26:23 GMT)

Real estate forecast calls for record sales, prices in 2007
Real estate prices and sales volumes are on track to set records this year, the Canadian Real Estate Association said Monday. (Mon, 20 Aug 2007 19:11:03 GMT)

Leona Helmsley, Hotelier and Real Estate Icon, Dies (Update2)
Aug. 20 (Bloomberg) -- Leona Helmsley, the real estate developer and hotel operator convicted of tax evasion and dubbed ``The Queen of Mean,'' died today. She was 87. (Mon, 20 Aug 2007 19:29:49 GMT)

REAL ESTATE AGENCIES
Advecs Real Estate Corporate (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, 20 Aug 2007 19:37:15 GMT)

Global-real-estate-funds-to-partner-developers-for-highrise-buildings
With land getting more and more scarce in Tier I and Tier II cities, international real estate funds, jointly with domestic property developers and real estate companies, are setting up high rise buildings in these cities. (Mon, 20 Aug 2007 20:48:50 GMT)

Gloucester real estate transactions
Among the recent real estate transactions in Gloucester are: (Mon, 20 Aug 2007 21:12:42 GMT)

Dumping the Real-Estate Agent Can Spur Home Sale: John F. Wasik
Aug. 20 (Bloomberg) -- If you are selling property now in a market bedeviled by huge inventories of homes and a credit crunch, you could do better if you dumped your real-estate agent. (Mon, 20 Aug 2007 21:40:54 GMT)

Despite paralysis, real estate agent goes back on job
LeROY — Closing a home sale typically is a highlight of a real estate agent’s work, and for one local agent, a recent closing was truly cause for celebration. (Tue, 21 Aug 2007 02:58:25 GMT)

RERA to license and rank real estate brokers in Dubai
DUBAI — Real estate brokers operating in Dubai will not only have to be registered and certified but they will also be ranked according to a new database that will be introduced by the newly created Real Estate Regulatory Agency (RERA), its CEO Marwan bin Ghalita said yesterday. (Tue, 21 Aug 2007 03:21:06 GMT)

Briefing - Asia Real Estate - Aug 21, 2007
An executive briefing on real estate for Aug 21, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. SOUTH KOREA'S OVERSEAS PROPERTY PURCHASES BRISK IN JULY (Tue, 21 Aug 2007 05:21:00 GMT)

BRIEFING - ASIA REAL ESTATE - AUG 21, 2007
South Korea's overseas real estate purchases amounted to US$112 million in July thanks to the government's deregulation aimed at spurring purchases, a government report said Tuesday. (Tue, 21 Aug 2007 06:03:32 GMT)

RERA to license and rank real estate brokers in Dubai
RERA to license and rank real estate brokers in Dubai (Tue, 21 Aug 2007 07:16:39 GMT)

Real estate empress Leona Helmsley dies at 87
NEW YORK -- Leona Helmsley, who ran a $5 billion hotel and real estate empire with her husband but sealed her reputation as the "queen of mean" during her 1989 trial for tax evasion, died Monday in Greenwich, Conn. She was 87. (Tue, 21 Aug 2007 07:19:50 GMT)

Real estate developer has run-in with cops
Prominent Merrillville real estate developer and Old Mill Pizzeria owner Scott Reder was caught drinking and driving early Sunday, his second alcohol related offense of the year, according to police. (Tue, 21 Aug 2007 09:02:31 GMT)

Despite paralysis, real estate agent goes back on job
LeROY — Closing a home sale typically is a highlight of a real estate agent’s work, and for one local agent, a recent closing was truly cause for celebration. (Tue, 21 Aug 2007 09:03:17 GMT)

Getting the Real Estate Crisis Right
Jim Wiandt submits: 30%, 40%, 50% drops sound a bit chicken littleish to me, but I do think that real estate is primed for more fall - particularly if the economy softens. You posted some very startling numbers there, though they're numbers I think most of us are at least vaguely aware of. [... ] (Tue, 21 Aug 2007 10:43:48 GMT)

Real Estate Brokers and Agents Can Now Route and Assign Sales Leads on Their iPhones(TM) With a la mode
a la mode , one of the real estate industry's most mission critical and innovative technology companies, announced the release of lead routing tools built for the Apple® iPhone. (Tue, 21 Aug 2007 12:25:00 GMT)

Commercial Real Estate Outlook Improving
In contrast to housing market turmoil, an index of future commercial real estate activity posted its ninth consecutive quarter of improvement, a trade group said Tuesday. (Tue, 21 Aug 2007 14:30:27 GMT)

Manchester real estate transactions
Among the recent real estate transactions in Manchester are: (Tue, 21 Aug 2007 16:13:29 GMT)

Adding real estate to your portfolio: How much? What type?
You may have heard that “real estate is always a good investment.” However, that’s a “blanket” statement and not terribly useful. In fact, it raises many questions: Does real estate really go up in value all the time? What type of real estate should I invest in? (Tue, 21 Aug 2007 18:13:18 GMT)

Miami Beach Real Estate Market Still Going Strong
Weichert Realtors - Best Beach Real Estate posted its numbers for June 2007 as the highest ever for the company. The Miami Beach firm, established in 1996 and currently with over 120 agents, has seen its numbers improve in the first half of 2007 suggesting the real estate market in Miami Beach is stronger than in other areas of Southeast Florida. (Tue, 21 Aug 2007 19:41:00 GMT)

Real estate career conference Aug. 16
Strano & Associates, 1910 Carlyle Ave. in Belleville will host a real estate career night at 6:30 p.m., Thursday, Aug. 16. (Tue, 21 Aug 2007 19:46:54 GMT)

GE Real Estate Makes $18.2M Equity Investment for Acquisition of 856-Unit Multifamily Property
Phoenix—GE Real Estate has made an $18.2-million equity investment with Greystar Real Estate Partners to acquire Saratoga Ridge, an 856-unit apartment complex in the Deer Valley submarket of Phoenix. (Tue, 21 Aug 2007 20:12:33 GMT)

Real estate experts see no quick fix
Dubai: There are no easy solutions to the problem of rising house rents as the economy continues to grow and more expatriates arrive in the country to take up new jobs, real estate experts said. (Tue, 21 Aug 2007 21:19:05 GMT)

The Real Estate Summers!
The Real Estate will be publishing sporadically from Aug. 22 through Aug. 28. Regular publishing will resume Wednesday, Aug. 29. (Tue, 21 Aug 2007 22:39:09 GMT)

Wall Street Turns to Carlton to Dispose of $1B in Troubled Real Estate Loans
Seeking to dump a series of problem real estate loans, several unnamed Wall Street investment and commercial banks have called on Carlton Advisory Services Inc. for assistance. (Tue, 21 Aug 2007 23:12:42 GMT)

Real Estate Agents Act 2006 approved
Fiji's real estate industry will soon be properly regulated following the commencement of the Real Estate Agents Act 2006 at the end of the month. Cabinet today approved that some provisions of the Real Estate Act 2006 will start on the 31st of August, 2007. (Wed, 22 Aug 2007 04:50:49 GMT)

Location is key for an empress of real estate even in death
The Queen of Mean's last property is fit for a king. Leona Helmsley, for years the imperious head of a multibillion-dollar real estate and hotel empire, will spend eternity in a $1.4 million suburban mausoleum with a magnificent view, alongside her beloved husband, Harry. (Wed, 22 Aug 2007 06:33:47 GMT)

New Phoenix Real Estate Market Analysis Just Released -- Shows Strong Fundamentals
Justin Lombard, MBA, e-PRO, announces the release of a white paper on the state of the Phoenix real estate market. This market analysis concludes that the current woes faced by many owners of Phoenix real estate will be short lived as strong economic fundamentals will continue to support the local market. (Wed, 22 Aug 2007 07:01:00 GMT)

New Phoenix Real Estate Market Analysis Just Released -- Shows Strong Fundamentals
Justin Lombard, MBA, e-PRO, announces the release of a white paper on the state of the Phoenix real estate market. This market analysis concludes that the current woes faced by many owners of Phoenix real estate will be short lived as strong economic fundamentals will continue to support the local market. (PRWeb Aug 22, 2007) Post Comment:Trackback URL: ... (Wed, 22 Aug 2007 07:35:55 GMT)

Clarkson Valley decreases real estate tax
The Clarkson Valley Board of Aldermen Aug. 7 approved the city's 2007 real estate tax rates. The rate for residential real estate will be 10.3 cents per 100 assessed valuation, down from 12.9 cents in 2006. (Wed, 22 Aug 2007 08:21:28 GMT)

Vipul To Invest Rs. 2,000 Cr. For Real Estate Expansion In Tier-II Cities
(RTTNews) - The media reported that Vipul Ltd, the real estate company, plans to invest Rs. 2,000 crores over the next two years in expanding its operations to smaller cities in the country. (Wed, 22 Aug 2007 08:46:32 GMT)

OSK-UOB offers Asian real estate fund
KUALA LUMPUR : OSK-UOB Unit Trust Management Bhd expects its latest product, OSK-UOB Asian Real Estate Fund, to deliver an annualised return between 12% and 15% over the next three to five years. (Wed, 22 Aug 2007 08:52:06 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, 22 Aug 2007 10:08:06 GMT)

Banks' troubled real estate loans up 36 percent
Banks' troubled real estate loans rose for the fifth consecutive quarter to a total $66.9 billion at the end of the second quarter, the U.S. Federal Deposit Insurance Corporation said on Wednesday. (Wed, 22 Aug 2007 14:44:10 GMT)

Hungarian real estate firm Wallis to open HUF 10 bln shopping mall inEger in March 2008
BUDAPEST. AUGUST 22. INTERFAX CENTRAL EUROPE - Hungarian-owned real estate developer Wallis Ingatlan is planning to open a HUF 10 bln shopping and entertainment mall in the Northeastern Hungarian city of Eger in March 2008, according to Hungarian state news agency MTI. (Wed, 22 Aug 2007 14:56:01 GMT)

Delek Global Real Estate "buy"
LONDON, August 22 (newratings.com) - Analysts at Panmure Gordon maintain their "buy" rating on Delek Global Real Estate (ticker: DGRE). The target price is set to 248p. (Wed, 22 Aug 2007 14:58:50 GMT)

Overdue real-estate loans jump at U.S. banks
Troubled real-estate loans rise for fifth straight quarter; FDIC says it's 'closely monitoring' credit markets and the biggest banks' balance sheets. (Wed, 22 Aug 2007 16:16:29 GMT)

Real Estate and Hotel Magnate Leona Helmsley To Be Laid To Rest
Billionaire hotel and real estate icon Leona Helmsley will be laid to rest later today inside a $1.4 million mausoleum in the Sleepy Hollow Cemetery. The granite mausoleum is 1,300 square feet, with a dozen columns and stained glass windows that recreate the Manhattan skyline. (Wed, 22 Aug 2007 16:34:02 GMT)

10:31 a.m. -- Online listing service to help local real estate agents connect with homebuyers
The Intermountain Multiple Listing Service said this week that it is adding a new tool to help area real estate agents connect with homebuyers. (Wed, 22 Aug 2007 16:56:34 GMT)

Realtors Decrease as Real Estate Prices Go Down
The ripple effect of home sales falling could come full circle and will most likely effect the real estate profession. (Wed, 22 Aug 2007 17:00:39 GMT)

New real estate business opens
Frontier Home and Land, a new, full-service residential and commercial real estate company located at the Venture Commerce Center on Snoqualmie Ridge, is open for business. (Wed, 22 Aug 2007 17:32:38 GMT)

Residential real estate flattens out
After years of relentless price growth on the Ukrainian commercial and residential real estate markets, the last half year on the secondary residential market in the capital Kyiv saw a sudden reversal of the trend, as a growing number of homebuyers have refused to enter the market due to what they view as over-inflated prices, according to experts. (Wed, 22 Aug 2007 19:59:37 GMT)

Real Estate Professionals Scrutinized in Mortgage Fraud Scheme
The FBI has questioned a number of real estate professionals linked to alleged fraudulent transactions involving a Stockton man arrested last week. (Wed, 22 Aug 2007 20:21:32 GMT)

Real estate, another shooting, the Inbox
A real estate deal, a shooting at a midget football game, and some reader comments. (Wed, 22 Aug 2007 22:19:26 GMT)

US banks' troubled real estate loans up 36pc
US banks' troubled real estate loans rose for the fifth consecutive quarter to a total $US66.9 billion ($NZ97.53 billion) at the end of the second quarter, the US Federal Deposit Insurance Corporation has said. (Wed, 22 Aug 2007 23:40:29 GMT)

Coalition fights property tax hike - Development, real estate professionals fear impact of increase
A large property tax increase in Washington County could backfire by hindering new development and investment, a loose coalition that includes development and real estate professionals contends. (Thu, 23 Aug 2007 02:47:50 GMT)

Real Estate Record Hits Hurdle
When the private equity firm Somerset Partners announced last month it was acquiring 450 Park Ave. for $1,589 a square foot, a record for a Manhattan office building, it was hailed nationwide as a sign of the historic strength and high demand in the city's commercial real estate market. Now, just weeks later, the firm is struggling to close the $510 million deal, beset by the rising cost of debt. ... (Thu, 23 Aug 2007 03:31:51 GMT)

• How to Have the Perfect Home You Want in Miami Real Estate
Thinking of buying a home in Miami real estate? In terms of buying a home in Miami real estate, it is not as simple as looking for home and buys it. There are things that you need to look up and consider in order to make the buying process a success. (Thu, 23 Aug 2007 04:08:22 GMT)

Briefing - Asia Real Estate - Aug 23, 2007
An executive briefing on real estate for Aug 23, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. REAL ESTATE FIRM GEMDALE FIRST TO ISSUE CORPORATE BONDS IN CHINA (Thu, 23 Aug 2007 05:26:00 GMT)

BRIEFING - ASIA REAL ESTATE - AUG 23, 2007
Shanghai-listed Gemdale (SSX:600383), one of China's leading real estate firms, announced Wednesday that it plans to issue up to 1.2 billion yuan (US$158 million) in corporate bonds. (Thu, 23 Aug 2007 05:30:21 GMT)

Prudential Montana Real Estate
Spotlight on: Prudential Montana Real Estate Location: 106 N. Main St., P.O. Box 400, Twin Bridges, MT 59754 and 118 S. Main St., P.O. Box 737, Sheridan, MT 59749 Phone: 684-5686 / 842-5650 Website: www.prumt.com Motto: Local Expertise, National Strength Brokers: Frank and Kay Colwell Associates: Michelle Van Dyke, Broker; Rand Bradley, Sales; Suzanne Powers, Sales; and Jack Leber, Administrative ... (Thu, 23 Aug 2007 06:56:48 GMT)

Macquarie looks to Chinese real estate market
The Australian securities firm is seeking to develop real estate trusts in China, even though financial markets are being roiled by a credit crunch and China is clamping down on property speculators. (Thu, 23 Aug 2007 07:11:42 GMT)

The Emergence Of Global Real Estate
Real estate plays an important role in investment portfolios. The risk-adjusted return properties of real estate-related securities and their low correlation with equities and fixed income make real estate attractive as an alternative asset class. (Thu, 23 Aug 2007 08:31:30 GMT)

Real-estate exam course
UNION COUNTY — THE DIVISION of Economic Development and Continuing Education at Union County College will be offering a review course for the State Real Estate Examination from Friday through Sept. 21. (Thu, 23 Aug 2007 08:32:03 GMT)

Pennichuck puts office park, real estate on the market
While it says it’s not looking to get out of the real estate business, Pennichuck Corporation has put up for sale its one developed property, Heron Cove Office Park in Merrimack, which houses such tenants as Fidelity Investments and Raymarine Inc., the water utility disclosed in a Securities and Exchange Commission filing. (Thu, 23 Aug 2007 10:10:33 GMT)

North Carolina financial giant to buy Birmingham's Collateral Real Estate
Banking giant BB&T Corp. is buying Birmingham's Collateral Real Estate Capital LLC and plans to combine it with its Laureate Capital LLC, making it one of the largest commercial mortgage banking companies in the nation. (Thu, 23 Aug 2007 14:41:56 GMT)

BB&T to acquire Collateral Real Estate Capital
A subsidiary of BB&T Corp. plans to buy a commercial real estate finance company and create a real estate servicing portfolio of more than $20 billion. (Thu, 23 Aug 2007 16:09:37 GMT)

REAL ESTATE HOT SHEETS, Inc. Launches Internet and Print Properties
REAL ESTATE HOT SHEETS Inc. today announced it launched two new "printernet" products, www.realestatehotsheets.com and REAL ESTATE HOT SHEETS, a weekly newspaper. The REAL ESTATE HOT SHEETS newspaper will be available in more than 425 locations in Collier and Lee counties Florida, as well as online. (Thu, 23 Aug 2007 18:00:00 GMT)

REAL ESTATE HOT SHEETS, Inc. Launches Internet and Print Properties
ESTERO, Fla.----REAL ESTATE HOT SHEETS Inc. today announced it launched two new "printernet" products, www.realestatehotsheets.com and REAL ESTATE HOT SHEETS, a weekly newspaper. The REAL ESTATE HOT SHEETS newspaper will be available in more than 425 locations in Collier and Lee counties Florida, as well as online. (Thu, 23 Aug 2007 18:00:00 GMT)

REAL ESTATE HOT SHEETS, Inc. Launches Internet and Print Properties: New Low Cost Real Estate Advertising Helps to ...
REAL ESTATE HOT SHEETS Inc. today announced it launched two new "printernet" products, www.realestatehotsheets.com and REAL ESTATE HOT SHEETS, a weekly newspaper. The REAL ESTATE HOT SHEETS newspaper will be available in more than 425 locations in Collier and Lee counties Florida, as well as online. (PRWeb Aug 23, 2007) Post Comment:Trackback URL: ... (Thu, 23 Aug 2007 18:08:41 GMT)

REAL ESTATE AGENCIES
NEVSKY PROSTOR (show on map) Since 1996 year "NEVSKY PROSTOR" has been in the range of the top ten real estate companies. In 1998 "NEVSKY PROSTOR" became an official member of the Real Estate Association of Saint-Petersburg and started co-operation with The St.Petersburg Times. (Thu, 23 Aug 2007 19:36:46 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, 23 Aug 2007 20:39:29 GMT)

Real estate fraud suspect caught
A man wanted for real estate fraud through the Internet is now in police custody. Francisco David Garza, 23, was arrested Wednesday night on the felony charge of burglary of habitation. (Thu, 23 Aug 2007 21:36:54 GMT)

City removing garage sale, real estate signs
Edmonton's sign police are cracking down on errant ones, removing thousands of garage sale and real estate advertisements from city property. (Thu, 23 Aug 2007 21:40:43 GMT)

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