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Real Estate News Oct 2007

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Real estate investors show interest in former Adelphia headquarters
COUDERSPORT (EC) — With the bid deadline just over a week away, a number of real estate investors and potential employers have shown an interest in what was once a plush $30 million headquarters for Adelphia Communications Corp., in downtown Coudersport. (Mon, 01 Oct 2007 00:27:29 GMT)

Indian Real Estate Firm Forays Into The US
At a time when the real estate players in the country are highly bullish on the sector, one developer who has dared to foray into the US, where the housing sector woes are continuing. (Mon, 01 Oct 2007 02:26:46 GMT)

INDIAN REAL ESTATE FIRM FORAYS INTO THE US
India / Nepal   At a time when the real estate players in the country are highly bullish on the sector, one developer who has dared to foray into the US, where the housing sector woes are continuing. (Mon, 01 Oct 2007 02:26:46 GMT)

Tyson: Think twice before ditching real estate holdings
My husband and I are in the process of liquidating our real estate investments. At this point, we plan to face the capital-gains tax and retire (we are in our 50s) or at least take a hiatus from employment. To do this, we will need to invest the substantial proceeds to produce income. How should we go about this? We are very conservative in nature, and this is the bulk of our nest egg for the ... (Mon, 01 Oct 2007 05:49:38 GMT)

Real estate developers capitalize on Dubai timeshare gold rush
Dubai real estate developers are benefiting from the creation of timeshare resorts and are now selling millions each month. (Mon, 01 Oct 2007 07:04:09 GMT)

S&P affirms Nomura Real Estate Office Fund ratings
Oct 1 - Standard & Poor's Ratings Services today affirmed its 'A' long-term and 'A-1' short-term corporate credit ratings on Nomura Real Estate Office Fund Inc. . (Mon, 01 Oct 2007 07:38:44 GMT)

Global launches MENA Real Estate Ijarah Fund
Global Investment House 'Global' announced today the launch of the Global Real Estate Ijarah Fund taking advantage of the Middle East & North Africa (MENA) real estate sector and Islamic financing competences. (Mon, 01 Oct 2007 08:04:44 GMT)

euro adhoc: conwert Immobilien Invest AG / other / Creating an integrated, full-service European real estate group
01.10.2007 + conwert will be change it´s strategic position into an integrated, full service European real estate group with unchanged focus on residential ... (Mon, 01 Oct 2007 09:23:07 GMT)

Global Llunches MENA real estate Ijarah Fund
Global Llunches MENA real estate Ijarah Fund (Mon, 01 Oct 2007 10:07:11 GMT)

Mauritius: Investing In French Real Estate Through A Mauritius GBL1
We would like to examine the advantages of holding French real estate (either principal residence or secondary home) through a Mauritius company and to avoid the three percent yearly tax on assessed value. Additional estate planning opportunities are also open. (Mon, 01 Oct 2007 10:32:07 GMT)

Washington Real Estate Investment Trust "outperform," estimates raised
NEW YORK, October 1 (newratings.com) - Analysts at Robert W Baird maintain their "outperform" rating on Washington Real Estate Investment Trust ( WRE.NYS ), while raising their estimates for the company. The target price is set to $47. (Mon, 01 Oct 2007 10:37:17 GMT)

Real estate transactions
Commercial real estate transactions filed with the Clark County Assessor from Aug. 1-15. The information includes seller's name, buyer's name, property location, description, price and closing date. (Mon, 01 Oct 2007 15:48:54 GMT)

Real estate sector to touch 90 bln dollar by 2015
New Delhi, Oct 1 : Industry body Assocham today expressed bullishness on the growth prospects of the real estate sector, projecting it to grow by 30 per cent by 2015 touching 90 billion dollars mark. (Mon, 01 Oct 2007 16:43:35 GMT)

REAL ESTATE AGENCIES
Becar (show on map) Becar company has been in the Russian real estate market for more than 14 years. Becar is guided by three principles in its work: reliability, standards, leadership. Reliability means a longstanding record of activities in the market together with our own business centers. (Mon, 01 Oct 2007 19:16:39 GMT)

REAL ESTATE CATALOGUE
In the nearest issue you will find the latest data on commercial, residential and trade premises in St. Petersburg. Fresh information about state of real estate market, tips from the leading consulting companies and much more! (Mon, 01 Oct 2007 19:18:46 GMT)

Real Estate Slayings Sentence
A jury has sentenced Stacey Ian Humphreys to death by lethal injection for the 2003 murder of two real estate agents, but it's unclear when he will be put to death. (Mon, 01 Oct 2007 19:33:50 GMT)

Monmouth Real Estate Sets Dividend
Monmouth Real Estate Investment Corp. on Monday announced a quarterly dividend of 15 cents per common share. The Freehold, N.J.-based company will pay the dividend Dec. 17 to shareholders of record Nov. 15. (Mon, 01 Oct 2007 19:57:00 GMT)

Real Estate Live
With a current real estate market that's unpredictable, what's in store for would-be buyers or those thinking about selling? The Post's special feature, Property Values: The Market & You, helps forecast what to expect in the coming months. (Mon, 01 Oct 2007 20:04:15 GMT)

Real estate market will touch $90 bn by 2015: report
The base of Indian real estate market, growing at 30 per cent, is likely to touch $90 billion by 2015 from $14 billion at present. This pace will help the economy sustain its growth between 9 and 10 per cent, said an Assocham report. The additional requirement of 370 million sq ft of space in urban areas by 2010 by sectors like IT, ITeS, financial services and organised retail alone has made the ... (Mon, 01 Oct 2007 21:18:10 GMT)

Real estate market will touch $90 bn by 2015: report
The base of Indian real estate market, growing at 30 per cent, is likely to touch $90 billion by 2015 from $14 billion at present. (Mon, 01 Oct 2007 21:32:51 GMT)

Bloggers discuss real estate forum
While our forum on Bakersfield’s slumping real estate market offered a lot of answers, it also generated scores of questions from visitors to our website. (Tue, 02 Oct 2007 02:37:41 GMT)

SAVE THE DATE: Real estate group to honor 3 women
Industrial Commercial Real Estate Women of New Jersey will celebrate its 25th birthday with a gala event, "Past, Present & Future," on Oct. 11, from 6 p.m. to 8:30 p.m. at The Palace at Somerset Park in Somerset, Mercer County. (Tue, 02 Oct 2007 07:14:10 GMT)

Real Estate by Christie Smythe: 'Short sales' gain traction
As the number of foreclosures continues to rise in Tucson, the local real estate community is becoming increasingly interested in a foreclosure alternative: the short sale. (Tue, 02 Oct 2007 07:30:41 GMT)

Hypo Real Estate Sticking to Profitability Targets, Chief Says
Oct. 2 (Bloomberg) -- Hypo Real Estate Holding AG, which is buying Depfa Bank Plc to create one of Europe's biggest infrastructure lenders, is sticking to its profitability targets, Chief Executive Officer Georg Funke said. (Tue, 02 Oct 2007 08:15:12 GMT)

Global unveils real estate Ijarah fund
Global unveils real estate Ijarah fund (Tue, 02 Oct 2007 09:00:43 GMT)

Hypo Real Estate CEO affirms profitability targets through 2010
FRANKFURT (Thomson Financial) - Hypo Real Estate Holdings AG's chief executive officer Georg Funke affirmed the company's profitability targets and reiterated its acquisition of Depfa Bank Plc will help boost earnings per share from 2008 onwards. (Tue, 02 Oct 2007 09:38:27 GMT)

Secondary real estate market is booming in Dubai
Dubai's biggest local property show, The Resale & Rental Property Show (R&R Show), has concluded with an important revelation for the real estate industry that the era of the private landlord, most of them expats, is finally here. (Tue, 02 Oct 2007 10:22:55 GMT)

Reputed UAE real estate major launches Indigo Central in Dubai
Indigo Properties, one of the UAE's fastest growing real estate development companies, has announced the launch of Indigo Central in Dubai as the latest addition to its growing list of realty developments in the UAE. (Tue, 02 Oct 2007 10:23:10 GMT)

TRPA gives real estate company deadline to remove signs
Whether they're too mammoth, too bright or too colorful, the need for the many real estate signs sprinkled throughout Incline Village has been an issue among residents for years. (Tue, 02 Oct 2007 11:05:00 GMT)

Depfa Says Irish Court Approved Takeover by Hypo Real Estate
Oct. 2 (Bloomberg) -- Depfa Bank Plc said the High Court of Ireland approved the Dublin-based public finance provider's acquisition by Hypo Real Estate Holding AG. (Tue, 02 Oct 2007 13:00:04 GMT)

TRPA gives real estate company deadline to remove signs
Whether they're too mammoth, too bright or too colorful, the need for the many real estate signs sprinkled throughout Incline Village has been an issue among residents for years. (Tue, 02 Oct 2007 13:53:51 GMT)

Hypo Real Estate Sticking to Profitability Targets (Update2)
Oct. 2 (Bloomberg) -- Hypo Real Estate Holding AG, which is buying Depfa Bank Plc to create one of Europe's biggest infrastructure lenders, is sticking to its profitability targets, Chief Executive Officer Georg Funke said. (Tue, 02 Oct 2007 14:00:29 GMT)

Union Investment Real Estate AG: Ausbau der strategischen Geschäftsfelder
Umsetzung der Wachstumsstrategie durch neue Managementorganisation / Bündelung von Spezial-Know how in sechs Asset Management-Einheiten / Fokussiertes Geschäftsmodell als Investment-Manager für Immobilien Die Union Investment Real Estate AG will ihre Wettbewerbsposition im internationalen Immobiliengeschäft durch die Neuaufstellung der Organisation und den Ausbau ihrer Kernkompetenzfelder weiter ... (Tue, 02 Oct 2007 14:03:45 GMT)

Real Estate Taxation Changes
Taxation in the real estate market will change, when the Ministry of Economy introduces the new tax it is presently hammering out. The new tax will have 1 – 2/1000 coefficient, while first homes will be free of taxes if they are smaller than 250 square metres. (Tue, 02 Oct 2007 16:11:45 GMT)

No Surprises In Manhattan Real Estate Poll
A survey of Q3 sales by real estate firm Prudential Douglas Elliman finds that thr same old trends are continuing to shape the Manhattan real estate market: declining inventory and rising prices. The average condo sale in Manhattan now stands at a record of more than $1.6 million. (Tue, 02 Oct 2007 16:19:34 GMT)

State Senator Wants Real Estate Fraud Fee
Real estate prices could be going up by $2 if one lawmaker has his way. (Tue, 02 Oct 2007 17:26:11 GMT)

Hypo Real Estate Group schließt Übernahme der Depfa ab
MÜNCHEN (Dow Jones)--Die Hypo Real Estate Group (HRE) hat die Übernahme der Depfa Bank plc nach Billigung durch das zuständige irische Gericht abgeschlossen. (Tue, 02 Oct 2007 18:19:08 GMT)

Spain Real-Estate Co Grupo Llanera Seeks Creditor Protection
MADRID -(Dow Jones)- Unlisted Spanish real-estate developer Grupo Llanera said Tuesday it filed for creditor protection after it failed to make good on loans, signaling the weak state of the Spanish real-estate sector. (Tue, 02 Oct 2007 19:21:33 GMT)

Knocking on doors... A slow real estate market pushes agents harder
Some Naples real estate agents have been knocking on doors in an effort to drum up more business. (Tue, 02 Oct 2007 21:22:28 GMT)

Manhattan real estate bubble hasn't burst
Whether it was square footage or median prices, the housing bubble has not burst for Manhattan as it has for the rest of the region, according to third-quarter reports compiled separately by three big-name real estate firms. (Tue, 02 Oct 2007 21:33:46 GMT)

Collateral Real Estate Capital Finances Construction of Affordable Apartments
Atlanta—In 2006, Collateral Real Estate Capital LLC, a Fannie Mae Delegated Underwriting and Servicing (DUS) lender, funded a $3.5-million construction loan, at a low seven-percent fixed-interest rate based on the 10-year U.S. Treasury, for the development of the Columbia Crest Apartments, a 152-unit complex located in Atlanta. (Tue, 02 Oct 2007 23:06:34 GMT)

Real estate company faces disrepute charge
Real estate company the Joneses is today facing charges that it brought the real estate industry into disrepute. (Wed, 03 Oct 2007 00:01:28 GMT)

Real estate agents look to supplement income
Southwest Florida's struggling housing market is showing few signs of turning around. Last month, the city of Cape Coral hit a new low in housing permits. Now, some Cape real estate agents are being forced to find alternatives to make ends meet. (Wed, 03 Oct 2007 04:22:35 GMT)

City drawn in lawsuit regarding downtown real estate
A La Crosse company owned by the Cleary family has filed suit against the city and its Redevelopment Authority to settle a tug of war over a piece of downtown real estate. (Wed, 03 Oct 2007 04:52:09 GMT)

Real estate bust: distressed properties on block
Even during a drenching rainstorm two weeks ago, more than 30 groups of potential buyers toured an 814-square-foot condominium in West San Jose, seemingly defying conventional wisdom about the sluggish real estate market. (Wed, 03 Oct 2007 08:40:13 GMT)

Miscella Real Estate
Thirteen years ago, Patti and Steve Rambo bought their second home in Geneva. Patti was so impressed with her Realtor, legendary Jamie Daniel of Miscella Real Estate, she said, "If ever I want to go into real estate, I'm going to look you up." (Wed, 03 Oct 2007 09:08:37 GMT)

BNP Paribas's Prot Sees `Limited' Real Estate Risks (Update1)
Oct. 3 (Bloomberg) -- BNP Paribas SA Chief Executive Officer Baudouin Prot said France's biggest bank has ``limited'' risk tied to real estate in Europe and the U.S. (Wed, 03 Oct 2007 09:42:12 GMT)

Ajman Holding to invest over $408m in real estate projects
Ajman Holding to invest over $408m in real estate projects (Wed, 03 Oct 2007 11:02:26 GMT)

City man indicted for ‘flipping’ real estate
The former owner of a Springfield mortgage company was indicted by a federal grand jury Tuesday for allegedly providing fraudulent financing in a real estate “flipping” scheme in Springfield and Decatur that involved more than $8 million worth of transactions. (Wed, 03 Oct 2007 11:49:52 GMT)

Wells Fargo Executive Doreen Woo Ho Honored as Asian Real Estate Association of America's Person of the Year
Doreen Woo Ho, president of Wells Fargo Consumer Credit Group, will be honored as 2007 Person of the Year at the Asian Real Estate Association of America Annual Gala and Convention to be held Nov. 11-13 at the Bellagio, in Las Vegas, NV. (Wed, 03 Oct 2007 12:00:00 GMT)

TRPA gives Intero Real Estate deadline to remove signs
Whether they're too mammoth, too bright or too colorful, the need for the many real estate signs sprinkled throughout Incline Village has been an issue among residents for years. (Wed, 03 Oct 2007 13:09:39 GMT)

Real estate developer to launch Mabolo project in December
THE real estate development arm of the Aboitiz Group plans to launch this December a residential condominium and commercial complex in Barangay Mabolo, Cebu City. (Wed, 03 Oct 2007 16:26:22 GMT)

Real estate body's move 'bizarre'
A Government minister has slammed the Real Estate Institute for taking action against a low-commission agency while customer complaints against its members go unheeded. (Wed, 03 Oct 2007 17:57:14 GMT)

Real estate row heats up
The government is slamming the Real Estate Institute over its charges against a real estate company, calling the action bizarre. The institute has alleged Joneses Real Estate has outwardly criticised other agents and agencies, but they have not been able to back up their claims. (Wed, 03 Oct 2007 18:39:11 GMT)

Brothers sentenced for stalking real estate agent
SHEBOYGAN -- A 53-year-old Sheboygan man convicted of stalking a real estate agent and threatening to kill her and her clients was sentenced this morning to 18 months in prison. (Wed, 03 Oct 2007 18:39:52 GMT)

Real estate buyout funds still bullish
The private equity party may be over, but that news hasn't yet made it to the real estate buyout funds, which are currently seeking $105-billion (U.S.) in new capital, a six-fold increase from January, 2006. (Wed, 03 Oct 2007 19:37:23 GMT)

Real estate buyout funds still bullish
Rest of private equity market in decline, but real estate funds looking to raise $105-billion in new capital (Wed, 03 Oct 2007 19:38:15 GMT)

Real Estate Institute criticised over action
The Real Estate Institute is under fire for taking one of its members to the disciplinary tribunal for criticising the industry. (Wed, 03 Oct 2007 19:44:35 GMT)

Corcoran creates commercial real estate division
The Corcoran Group has created its first commercial division, aimed at tapping into East End opportunities that have been "exponentially increasing," the real estate firm said. (Wed, 03 Oct 2007 20:18:43 GMT)

Families Of Slain Real Estate Agents Want Changes
The parents of a real estate agent whose murderer was sentenced to death ask for changes in laws. (Wed, 03 Oct 2007 22:10:39 GMT)

2 Brothers Sentenced For Stalking Sheboygan Real Estate Agent
Two Sheboygan brothers found guilty of stalking a real estate agent learned their punishments Wednesday. (Wed, 03 Oct 2007 22:25:05 GMT)

Wife charged along with husband in real estate scheme
PLEASANTON — Additional grand theft charges have been filed against a Hayward man in connection with an alleged real estate scam. (Thu, 04 Oct 2007 01:27:09 GMT)

Are real estate agents out of touch with consumers?
A Government minister has slammed the Real Estate Institute for taking action against a low-commission agency while customer complaints against its members go unheeded. (Thu, 04 Oct 2007 01:56:20 GMT)

Real estate (residential and commercial) can fall more than 20% in one year
The route in residential real estate has just started. The market place can fall approximately 20% from here according to many realtors and economists. (Thu, 04 Oct 2007 04:27:33 GMT)

UAE-BASED AJMAN HOLDING TO INVEST US$408.5 MLN IN REAL ESTATE
Infrastructure   Ajman Holding, a diversified group of companies, yesterday said it plans to invest more than Dh1.5 billion (US$408.5 million) over the next five years in real estate projects, a hotel, malls and other infrastructure related businesses in the UAE emirate of Ajman. (Thu, 04 Oct 2007 07:00:51 GMT)

UAE-Based Ajman Holding To Invest US$408.5 MLN In Real Estate
Ajman Holding, a diversified group of companies, yesterday said it plans to invest more than Dh1.5 billion (US$408.5 million) over the next five years in real estate projects, a hotel, malls and other infrastructure related businesses in the UAE emirate of Ajman. (Thu, 04 Oct 2007 07:00:51 GMT)

RSS feed: Real estate auctions, pure Digital camcorder
Real estate auctions Square Feet, Wednesday, Oct. 3. Posted by Sue McAllister: I have an anecdote to add to my article about an upcoming auction of REO ("real estate owned") Bay Area properties. (Thu, 04 Oct 2007 08:51:17 GMT)

Ajman Holding plans Dhs1.5bn real estate projects
Ajman Holding, a diversified group of companies based in Ajman, has announced its plans to invest over Dhs1.5bn over the next five years in real estate projects, hotel, malls and other infrastructure related businesses in Ajman, through its real estate arm, aaproperty.ae. (Thu, 04 Oct 2007 09:34:07 GMT)

Duo face charges in real estate scam
PLEASANTON — Additional grand theft charges have been filed against a Hayward man in connection with an alleged real estate scam. (Thu, 04 Oct 2007 09:55:45 GMT)

• Precise Plan is what it takes to Be Rich in Miami Real Estate Investing
Many people start out in Miami real estate investing with great determination, only to become dishearten after few months when they didn’t attain instant fortune. (Thu, 04 Oct 2007 10:12:06 GMT)

Office, industrial real estate lose steam
The commercial real-estate market in the Orlando area has been stronger than the residential sector during the past year. But in the third quarter, office and industrial leasing in the region continued to weaken, foreshadowing a potentially broader downturn in the months ahead. (Thu, 04 Oct 2007 10:35:08 GMT)

Hungarian real estate fund Europa to start HUF 3 bln luxury residentialproject in Budapest
BUDAPEST. OCTOBER 4. INTERFAX CENTRAL EUROPE - Hungarian real estate fund Europa Ingatlanbefektetesi Alap, owned by Italy-based UniCredit Group, has started the construction and sales of a HUF 3 bln luxury residential project in Hungarian capital city Budapest, Chairman Miklos Toth-Deme told a press conference on Thursday. (Thu, 04 Oct 2007 10:47:47 GMT)

Ajman Holding plans AED1.5b real estate projects
Ajman, UAE, 4 th October 2007: Ajman Holding, a diversified group of companies based in Ajman, has announced its plans to invest over AED 1.5 billion over the next five years in real estate projects, hotel, malls and other infrastructure related businesses in Ajman, through its real estate arm, aaproperty.ae. (Thu, 04 Oct 2007 11:01:34 GMT)

Kotak India Real Estate Fund Buys 11.11% In Pride Hotels
NEW DELHI -(Dow Jones)- India's Pride Hotel Group, which operates four five- star hotels, Thursday said it sold a 11.11% stake to Kotak India Real Estate Fund for INR450 million to build new hotels and expand existing hotels. (Thu, 04 Oct 2007 12:34:56 GMT)

Sheboygan brothers sentenced for stalking real estate agent
A 53-year-old Sheboygan man who enlisted his mentally disabled younger brother to help stalk and threaten a real estate agent and her sister was sentenced Wednesday to 18 months in prison. (Thu, 04 Oct 2007 12:50:00 GMT)

CORRECTING and REPLACING Webcast Alert: Simon Property Group Announces Its REIT/Real Estate On-line Forum Presentation
The first graph of the release dated October 3, 2007 should read: Simon Property Group, Inc. (NYSE: SPG) today announced that Stephen E. Sterrett, Chief Financial Officer, will provide an overview of the Company's business and strategies as part of the REIT/Real Estate On-line Forum on October 4, 2007 at 10:00 a.m. Eastern time (sted Simon Property Group, Inc. (NYSE: SPG) today announced that ... (Thu, 04 Oct 2007 13:54:00 GMT)

Wall St. vs. Front St. Stocks outpace real estate in tight race
The erratic U.S. stock market seems to be beating out a soft northern Michigan real estate market as a long-term investment option. (Thu, 04 Oct 2007 14:33:15 GMT)

Real estate transactions
Land real estate transactions filed with the Clark County Assessor from Aug. 1-15. The information includes seller's name, buyer's name, city or street address, ZIP code, price and closing date. (Thu, 04 Oct 2007 16:33:38 GMT)

Queens Real Estate Expo
Just a day after the September 30 Queens Real Estate Expo (QREE), QREE founder Anthony Kazazis already had his sights set on 2008’s event. (Thu, 04 Oct 2007 16:58:08 GMT)

bState briefs:/b Sheboygan brothers sentenced for stalking real estate agent
SHEBOYGAN One brother received an 18-month prison term and the other probation on charges that they stalked a Sheboygan real estate agent for nearly a year and sent letters to her and her clients with increasingly violent threats. (Thu, 04 Oct 2007 19:44:44 GMT)

REAL ESTATE AGENCIES
Central Real Estate Agency (show on map) Dear Clients, We produce professional solutions for you needs in Real Estate Rental market in St. Petersburg. (Thu, 04 Oct 2007 21:16:39 GMT)

REAL ESTATE CATALOGUE
In the nearest issue you will find the latest data on commercial, residential and trade premises in St. Petersburg. Fresh information about state of real estate market, tips from the leading consulting companies and much more! (Thu, 04 Oct 2007 21:18:48 GMT)

Former CB Richard Ellis Exec Pioneers Online Commercial Real Estate Portal for Texas Residents
DALLAS----Ray Wirta, former CEO and current vice chairman of CB Richard Ellis , the world's largest real estate services company, announces the creation of a proprietary new web-based system through which smaller investors in Texas can own commercial real estate property. (Thu, 04 Oct 2007 21:46:00 GMT)

Former CB Richard Ellis Exec Pioneers Online Commercial Real Estate Portal for Texas Residents
Ray Wirta, former CEO and current vice chairman of CB Richard Ellis ( Nachrichten ) (NYSE:CBG), the world ' s largest real estate services company, announces the creation of a proprietary new web-based system through which smaller investors in Texas can own commercial real estate property. (Thu, 04 Oct 2007 22:05:05 GMT)

Real estate ills expected to spread to offices
The white-hot growth in some of the Valley's commercial real estate markets will likely cool down in the coming years as result of residential implosion, a Valley economist said Thursday. (Fri, 05 Oct 2007 00:55:28 GMT)

Local real estate sales database
This database features searchable real estate transactions for Sandusky and Ottawa counties. Other counties served by centralohio.com also may be available. You may search with the parameters below. (Fri, 05 Oct 2007 01:56:42 GMT)

Hume: ex-ski racer turns to real estate
Do you ever wonder what happens to elite athletes after they retire from their respective sports? It’s simple. They become real estate agents. That’s what former Canadian Alpine Ski Team member Jeff Hume did. (Fri, 05 Oct 2007 01:58:37 GMT)

Tours put Baltimore on display for 200 real estate developers
About 200 local, regional and national real estate developers saw Baltimore's many faces Thursday during a comprehensive tour of the city's available development and leasing opportunities. (Fri, 05 Oct 2007 07:16:54 GMT)

State appoints real estate administrator
The Nevada Department of Business and Industry this week named Ann McDermott administrator of the department's Real Estate Division. (Fri, 05 Oct 2007 08:51:25 GMT)

Well-known real estate broker dies
Longtime Cedar Rapids real estate broker Don Pfeiler, who has been involved in the development of many of the city's large retail projects, was found dead Thursday morning at a property he was selling. (Fri, 05 Oct 2007 09:33:57 GMT)

Foreign Funds, Institutions To Invest $30 Bln. In Indian Real Estate
(RTTNews) - Friday, the media reported that foreign funds and institutions are ready to invest $30 billion in India in the flourishing real estate sector. (Fri, 05 Oct 2007 09:41:17 GMT)

Real estate agent sued over home transaction
An area real estate agent is being sued for questionable practices in the sale of a Warrenville townhome. (Fri, 05 Oct 2007 09:44:54 GMT)

Bulgarian Woman Masterminded Real Estate Fraud Ring in US
Officials at the US state of Illinois have busted a real estate fraud ring, masterminded by a Bulgarian woman, Daily Herald newspaper reported. (Fri, 05 Oct 2007 10:04:28 GMT)

Real estate appraisal firm opens
Loren A. Wright has started a new business, Ameritus Appraisal & Consulting. The firm serves Oregon and southwest Washington with commercial, industrial, multi-family and complex real estate appraisal and consulting services for collateral valuation, estates and business planning. Wright was the senior lead appraiser with Capital Valuation Group for 10 years. (Fri, 05 Oct 2007 10:20:47 GMT)

JM fund to invest $50 mln in real estate firm
KOLKATA, Oct 5 - Infinite India, a real estate fund co-promoted by JM Financial Ltd , will invest $50 million in unlisted Shrachi Developers Ltd, a senior JM official said on Friday. (Fri, 05 Oct 2007 11:30:23 GMT)

JM fund to invest $50 mln in real estate firm
KOLKATA, Oct 5 - Infinite India, a real estate fund co-promoted by JM Financial Ltd , will invest $50 million in unlisted Shrachi Developers Ltd, a senior JM official said on Friday. (Fri, 05 Oct 2007 11:30:23 GMT)

Former CB Richard Ellis Exec Debuts Commercial Real Estate Portal
A former CB Richard Ellis executive has launched a commercial real estate portal designed to enable smaller Texas investors to own property. (Fri, 05 Oct 2007 14:12:20 GMT)

Economy.com co-founder to headline VCU real estate conference
Richmond.com Friday, October 05, 2007 Mark Zandi , chief economist and co-founder of Moody's Economy.com, will be the opening speaker at the 17th annual Virginia Commonwealth University Real Estate Trends Conference on Oct. 9 at the Greater Richmond Convention Center. (Fri, 05 Oct 2007 15:38:37 GMT)

Real estate figures 'misleading'
The Real Estate Institute appears to have misled the Government over the number of complaints it gets about real estate agents. (Fri, 05 Oct 2007 16:11:52 GMT)

North Shore real estate transactions
The following real estate transactions took place in North Shore towns recently: (Fri, 05 Oct 2007 16:13:07 GMT)

Higher Ed to offer real estate courses
Cook County Higher Education will offer courses for property owners through a Real Estate Continuing Education, Land and Property Development series. “Fundamentals of Home Inspection and Residential Building Analysis,” Nov. 7, will be conducted by Betsy Zavoral, a certified home inspector. (Fri, 05 Oct 2007 16:34:34 GMT)

Real estate hurts Nevada but no crisis: governor
A sharp slowdown in the real estate market is hurting Nevada's economy and revenue, but strong development in Las Vegas and other factors should help avert a crisis, the state's governor said in a rare interview. (Fri, 05 Oct 2007 17:30:36 GMT)

Carroll & Green Group closes its doors, blames slow real estate market
The financial strain of a difficult real estate market has caused Birmingham construction company Carroll & Green Group Inc. to close its doors this week. (Fri, 05 Oct 2007 19:06:07 GMT)

County real estate
Real Estate Sales of $100,000 and above, as recorded by the office of Cleveland County Clerk, Tammy Howard.... (Fri, 05 Oct 2007 20:38:14 GMT)

Discount Real Estate Co. Closing
Discount real estate broker Foxtons said this week it is filing for bankruptcy, citing the recent slump in the housing market. (Fri, 05 Oct 2007 21:15:50 GMT)

Alexandria Real Estate Equities, Inc. Reports Exercise of Over-Allotment Option by Underwriters
PASADENA, Calif., Oct. 5 /PRNewswire/ -- Alexandria Real Estate Equities, ( Nachrichten ) Inc. announced today that the underwriters of its recent follow- on public offering of 2,000,000 shares of common stock have fully exercised their over-allotment option to purchase an additional 300,000 shares of common stock, bringing the total net proceeds to approximately $217 million, after payment of ... (Fri, 05 Oct 2007 21:52:55 GMT)

Baltimore Real Estate Developer Considers Trump Purchase
A Baltimore real estate developer is reportedly eyeing at least one of the three Trump casinos in Atlantic City. (Fri, 05 Oct 2007 22:32:32 GMT)

Stephan E. Lauzier is named director of Cornell Real Estate
Stephan E. Lauzier, who is in charge of real estate development for the sprawling, 1,450-acre California State Polytechnic University-Pomona campus, has been named director of Cornell Real Estate. He will begin his duties Nov. 5. (Fri, 05 Oct 2007 23:35:22 GMT)

Sink has faith in Florida real estate
Florida is a resilient state that will bounce back from the real estate downturn, Alex Sink, the state's chief financial officer, said Friday at the Real Estate Trends and Networking Conference. (Sat, 06 Oct 2007 06:05:13 GMT)

County remains full of real estate projects L
ike the river of life, real estate and development is an ever-changing, evolving thing in Manatee County. (Sat, 06 Oct 2007 07:08:50 GMT)

Dubai Islamic Bank wins Real Estate 'Best Investment Management' Bank Award
Dubai Islamic Bank (DIB) was awarded UAE's Best Real Estate Investment Management Bank. (Sat, 06 Oct 2007 07:34:17 GMT)

Emaar to exhibit renowned real estate projects at Expo Real 2007, Germany
Emaar Properties, a global real estate developer with significant presence in 36 realty markets of the world, has decided to exhibit its international and flagship real estate development projects at EXPO REAL 2007, a global trade exhibition to be held at the New Munich Trade Fair Centre, Munich, Germany from October 8 to 10, 2007. (Sat, 06 Oct 2007 07:52:39 GMT)

Real estate firm sells property abroad
Frank Salt Real Estate and Homes of Quality have just launched Vepri, a new development offering the public the opportunity to purchase a holiday home or invest in property in Tuscany. (Sat, 06 Oct 2007 07:57:50 GMT)

Coldwell real estate magazine debuts
Coldwell Banker Pacific Properties and the Honolulu Star-Bulletin/MidWeek advertising depart- ment have teamed up to produce a full-color glossy real estate magazine, which will be available at 143 locations and circulate to 35,000 readers. (Sat, 06 Oct 2007 11:47:48 GMT)

Real estate events
Oct. 8 and Oct. 11 Real Estate Seminar. Presented by AtHome Consulting Group, listen and learn about a revolutionary new way of looking at the real estate business. (Sat, 06 Oct 2007 13:54:48 GMT)

Seizing a real estate chance
A phone call to a Yarrawonga real estate agency earlier this year - inquiring about the price of waterfront land - turned around the lives of Australand executive Andrew Shell and his wife Mandy. (Sat, 06 Oct 2007 14:14:09 GMT)

Real estate bust and foreclosure boom comes home to a neighborhood built on easy credit
This is the tale of how America's real estate boom came to a seemingly ordinary subdivision called the Villages at Queen Creek in Arizona, where the whipsaw of easy credit has led to some extraordinary times. T (Sat, 06 Oct 2007 19:49:01 GMT)

Number of real estate agents steady
The area's relatively stable housing market is keeping real estate agents employed. (Sun, 07 Oct 2007 04:18:06 GMT)

Real estate people
Do you have real estate news? Send it to business@citizen-times.com. We will publish items as soon as possible, in the order in which they were received. (Sun, 07 Oct 2007 05:12:29 GMT)

Real Estate Briefs
A list of real estate related news briefs. (Sun, 07 Oct 2007 05:15:50 GMT)

REAL ESTATE TRANSACTIONS
Real estate transactions recorded at the Manatee County Courthouse: (Sun, 07 Oct 2007 07:09:58 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, 07 Oct 2007 07:18:40 GMT)

Zenath Real Estate and Western Auto to jointly develop auto showroom complex in Dubai Investments Park
Zenath Real Estate, one of UAE’s leading property development companies and a part of the Khalid Abdullah Al Ghurair Group, has recently announced it has commenced construction of an AED 50 million auto showroom complex in Dubai Investments Park in partnership with Western Auto, a leading automobile trading company in the UAE, and part of the ETA-Star Group. (Sun, 07 Oct 2007 07:59:27 GMT)

Real estate intelligence at your fingertips
Real estate intelligence at your fingertips (Sun, 07 Oct 2007 09:01:43 GMT)

Abyaar Real Estate posts $32m profits in H1
Abyaar Real Estate posts $32m profits in H1 (Sun, 07 Oct 2007 09:02:04 GMT)

Real estate intelligence at your fingertips Cityscape service aims to overcome lack of transparency in emerging markets
A new dedicated information service aimed at real estate professionals and focused on emerging markets is to be launched next month at Cityscape Dubai, the world’s largest business-to-business property investment and development event. (Sun, 07 Oct 2007 09:41:45 GMT)

DIC Asset acquires AXA, DBV Winterthur real estate portfolio for 320 mln eur
FRANKFURT (Thomson Financial) - DIC Asset AG ( Nachrichten / Aktienkurs ) acquired a real estate portfolio for 320 mln eur from AXA Group ( Nachrichten / Aktienkurs ) Germany and DBV Winterthur Holding AG ( Nachrichten ) with a total area of about 182,000 square metres. (Sun, 07 Oct 2007 13:50:07 GMT)

Real Estate Summit Brings Attention to Africa
The Retail Real Estate World Summit, which began in Cape Town on Tuesday and wraps up today, is bringing heightened attention to real estate in Africa. An estimated 1500 delegates have attended, making the summit the largest commercial property convention ever held in South Africa. (Sun, 07 Oct 2007 14:12:10 GMT)

5 Reasons Why Miami Beach Real Estate Sells
Miami Beach, beautifully located on the shores of the Atlantic Ocean in Miami-Dade County, Florida, is world-famous for its long stretches of powdery-white sandy beaches, vibrant nightlife, classy art-deco districts and wonderful real estate choices. (Sun, 07 Oct 2007 14:42:24 GMT)

Forecast dim for Vegas real estate
The price s of new and existing homes have been steadily dropping in Las Vegas since mid-2006 - and likely will continue to plummet. That, at least, is what professional traders and national economists monitoring the valley's real estate market are betting. (Sun, 07 Oct 2007 15:02:33 GMT)

Let's make a deal; Complex real estate transaction would bring CVS to Broadway
LAWRENCE - It's like the real estate version of a Rubik's cube. CVS wants to build a new pharmacy on a downtown block bordered by Broadway, Haverhill and Tremont streets. (Sun, 07 Oct 2007 16:17:46 GMT)

Arcandor receives 5 binding offers for real estate jv Highstreet
FRANKFURT (Thomson Financial) - Arcandor AG has received five binding offers for Highstreet, its real estate joint venture with Whitehall. Three of the bidders also have an interest in a stake in the operating business of the Karstadt stores, spokesman for the company Joerg Howe said. (Sun, 07 Oct 2007 16:53:27 GMT)

Arcandor receives 5 binding offers for real estate jv Highstreet
FRANKFURT (Thomson Financial) - Arcandor AG ( Nachrichten / Aktienkurs ) has received five binding offers for Highstreet, its real estate joint venture with Whitehall. (Sun, 07 Oct 2007 17:16:02 GMT)

Sun: Real estate leads TASE to record high
The Real Estate Index rose 3.7% today, while Israel Chemicals was the heaviest traded stock. (Sun, 07 Oct 2007 17:18:28 GMT)

(AFX UK Focus) 2007-10-07 17:53 GMT: Arcandor receives 5 binding offers for real estate jv Highstreet
FRANKFURT (Thomson Financial) - Arcandor AG has received five binding offers for Highstreet, its real estate joint venture with Whitehall. (Sun, 07 Oct 2007 17:20:42 GMT)

Fewer real estate agents jumping in as housing slump continues
Real estate agents and the people who train them predict that the storm that's hit the housing market will do more than keep "For Sale" signs on front lawns longer than in recent years. (Sun, 07 Oct 2007 21:40:06 GMT)

Discount real-estate broker files for bankruptcy protection
New York _ Foxtons, a discount real-estate agency that pioneered selling homes at a 3% commission, joined mortgage lenders as a victim of the declining US housing market and filed for bankruptcy protection. (Mon, 08 Oct 2007 01:06:19 GMT)

Use guides to understand trends in commercial real estate market
The commercial real estate industry is more complex than ever. Agents, brokers and tenants, as well as developers must be intimately knowledgeable about all aspects of the changing landscape of this highly competitive market. (Mon, 08 Oct 2007 04:14:33 GMT)

Healthy market spurs hospitals to sell real estate
With last week's announcement that it would put the landmark O'Quinn Medical Tower up for sale, St. Luke's Episcopal Health System became the latest player in the hospital real estate divestiture game. It's part of a trend that has health care institutions rushing to take advantage of a strong market and to gain access to cash. (Mon, 08 Oct 2007 04:17:34 GMT)

Beaches real estate company expects $15M by year-end
JACKSONVILLE BEACH -- What started a year and a half ago as a part-time business is now a full-time, full-service commercial real estate company that expects to report $15 million in sales and leases in its first year. (Mon, 08 Oct 2007 04:19:15 GMT)

Job losses mount as real estate declines
NORTH COUNTY ---- San Diego County's economy hit an unfortunate milestone this summer: job losses in construction and real estate pushed the local unemployment rate above the national rate for the first time in seven years. (Mon, 08 Oct 2007 04:24:59 GMT)

Real Estate Info Service To Be Launched At Cityscape Dubai
DUBAI, Oct 8 (Bernama) -- A new dedicated information service aimed at real estate professionals and focused on emerging markets will be launched at this month's Cityscape Dubai, the world's largest business-to-business property investment and development event. (Mon, 08 Oct 2007 06:17:06 GMT)

Real estate information service to launch at Cityscape Dubai
A new dedicated information service aimed at real estate professionals and focused on emerging markets will be launched at the Cityscape Dubai, the world's largest business-to-business property investment and development event. (Mon, 08 Oct 2007 07:19:07 GMT)

Real estate market losing steam
After many years of sizeable price gains, the Greek residential real estate sector appears to be entering a new phase characterized by much slower growth. (Mon, 08 Oct 2007 08:23:05 GMT)

Realogy Corporation to License Better Homes and Gardens(R) Real Estate Brand under a Long-Term Agreement with Meredith ...
Realogy Corporation, a global provider of real estate and relocation services, announced today that it has entered into a long-term agreement to license the Better Homes and Gardens ® Real Estate brand from Meredith Corporation ( Nachrichten ) (NYSE: MDP), one of the nation's leading media and marketing companies. (Mon, 08 Oct 2007 10:25:20 GMT)

Da Nang: 96.5% of FDI pours into real estate
VietNamNet Bridge – The foreign direct investment (FDI) in real estate projects in the central city of Da Nang accounts for 96.5% of the total FDI licenced in the last nine months, according to the Da Nang Investment Promotion Centre (IPC). (Mon, 08 Oct 2007 10:31:40 GMT)

Omniyat Properties reveals new generation of premium real estate
The multi-award-winner Omniyat Properties, the real estate development arm of UAE-based Omniyat Holdings, has revealed three new projects unique to the region, which will treble the company's initial investment in 2006 to Dhs10bn by first quarter of 2008. (Mon, 08 Oct 2007 11:34:07 GMT)

Real estate in China drives an IPO boom
Soho China rose 15 percent Monday on its first day of trade in Hong Kong - the latest hot public stock offering that is creating a new class of Chinese real estate tycoons. (Mon, 08 Oct 2007 12:53:02 GMT)

Real estate in China drives an IPO boom
Soho China, the largest real estate developer in central Beijing, rose 15 percent Monday on its first day of trading - the latest hot public stock offering that is creating a new class of Chinese real estate tycoons. (Mon, 08 Oct 2007 13:29:39 GMT)

Finnish real estate firm Sato says mulling IPO
HELSINKI, Oct 8 - Indebted Finnish real estate firm Sato said on Monday it was seeking new capital to expand in Finland and was mulling listing its shares on the Helsinki bourse . Sato said it has started a review of its financing options as it needs additional capital for expanding operations in Finland and also for housing investments in St Petersburg, Russia. (Mon, 08 Oct 2007 13:39:32 GMT)

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