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Wilbur Ross: Looking To Invest In Indian Real Estate
NEW YORK -(Dow Jones)- A rapidly growing Indian middle class and the subsequent increase in demand for property makes India's real estate market a compelling investment opportunity, investor Wilbur Ross said Tuesday. (Tue, 23 Sep 2008 15:58:32 GMT)
Sara Bonert: Real Estate Spotlight On Obama's Neighborhood
Among all the negative news you have heard about the real estate market lately, home values have actually increased in Kenwood by 13.7% over the last year, with the average home in the neighborhood having a value of approximately $320,000. (Tue, 23 Sep 2008 16:36:36 GMT)
Brookfield buys GMAC real estate unit
A unit of Brookfield Asset Management Inc. said Tuesday it is buying the real estate arm of GMAC Financial Services for undisclosed terms. (Tue, 23 Sep 2008 17:07:17 GMT)
Brookfield buys U.S. real estate services firm
One week after telling investors it was readying to take advantage of investment opportunities created by adverse market conditions in the United States, Brookfield Asset Management Inc. is executing on its strategy with the acquisition of a U.S.-based real estate services firm. (Tue, 23 Sep 2008 17:19:37 GMT)
Another guilty plea in real estate scam
A paralegal who worked for a Cranford attorney pleaded guilty to criminal charges in federal court this afternoon, the latest person to acknowledge their participation in an $80 million real estate fraud authorities say was carried out through NJ Affordable... (Tue, 23 Sep 2008 18:37:59 GMT)
FCEB proceeds cant be utilised in capital markets & real estate: RBI
Issuing the final set of guidelines to operationalise the issuance of FCEB immediately, the RBI has said the promoter group company receiving such investments will not be permitted to utilise the proceeds for investments in the capital market or in real estate in India. (Tue, 23 Sep 2008 20:17:26 GMT)
Real Estate Heavies Pick '08 Favorites
Finally, the dithering has stopped! New York City’s real estate deciders are at last grappling with the monumental decision at hand come November: Do we want an Illinoisan or an Arizonan in the White House? It’s taken them a while. Last we checked, in mid-July, campaign finance records showed few developers and landlords had contributed to either McCain or Obama (though plenty had donated to ... (Tue, 23 Sep 2008 22:48:29 GMT)
Credit Suisse hires new head of distribution for real estate products group
Zurich-based financial services company Credit Suisse has announced that Susan Swanezy has joined the alternative investments business as the new head of distribution for the real estate products group in the US. (Wed, 24 Sep 2008 00:42:19 GMT)
Two Greeley real estate firms join forces
RE/MAX Optimum Group, LLC, one of Greeley's leading real estate firms, has joined forces with RE/MAX Alliance of Greeley. (Wed, 24 Sep 2008 02:41:58 GMT)
Commercial real estate agents see silver lining in market's dark cloud
Yes, the commercial real estate market is way off. But there are still opportunities to be had. That’s according to three area experts who spoke to about 150 people at the International Council of Shopping Center s’ “Kansas City Next Generation” program last week in the Kansas City Power & Light District. (Wed, 24 Sep 2008 03:29:55 GMT)
Work With A Real Estate Agent: Buying A Home In Miami Real Estate Market
If you are worn-out of paying rents to your landlord every month, purchasing your own home at Miami real estate in a good thing to do. But of course, this is not a simple quest. There are some factors to be considered and done in your quest of buying a home in Miami real estate. (Wed, 24 Sep 2008 03:57:12 GMT)
County close to receiving real estate data
With the signing of an agreement by the Sawtooth Board of Realtors last week, Blaine County Assessor Valdi Pace is one step away from finally receiving local real estate sales data. (Wed, 24 Sep 2008 04:20:29 GMT)
Real estate kickback trial stalls as attorney claims political motivation
The federal trial of a Brookfield real estate agent charged with seeking a $75,000 kickback on the sale of a $30 million state office building stalled again Monday as his attorney argued that the case was brought for political purposes. (Wed, 24 Sep 2008 05:51:18 GMT)
Local real estate, mortgage experts puzzled about foreclosure bailout
News that the $700-billion financial industry bailout could include help for those facing foreclosure was met with confusion among local real estate and mortgage industry experts today. (Wed, 24 Sep 2008 09:04:46 GMT)
Developers appreciates Vietnam’s real estate market
VietNamNet Bridge - Vietnam is one of the most attractive markets for real estate developers in Asia, foreign and local investors have said. (Wed, 24 Sep 2008 10:35:41 GMT)
Selling a Home in Miami Real Estate Market Takes Planning and Preparation
As you decide to sell your home in Miami real estate market, you desire to get the best deal out of your home, but that is not that simple…you have to do home improvements in order to get the best deal you want. The main goal in here is to attract buyers. (Wed, 24 Sep 2008 11:04:50 GMT)
90% of IREIS 2009 space reserved by real estate companies
Real estate giants from the UAE and other countries will gather in Abu Dhabi in January for a major property show and organizers said nearly 90% of the exhibition's area has already been booked. (Wed, 24 Sep 2008 11:24:27 GMT)
The Business of New York Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online
NEW YORK CITY-Hypo Real Estate Capital Corp. closed a $130 million loan for 681 Fifth Ave. The building, located between 53rd and 54th streets in the Plaza District submarket of Manhattan, is currently undergoing a total renovation of all building systems. (Wed, 24 Sep 2008 11:32:10 GMT)
NY court rules against real estate company
A court has blocked a New York City real estate company from redeveloping two historic tenement buildings. The tenements, on Manhattan's Upper East Side, were built in 1915 as part of a model complex that aimed to improve the quality of affordable housing. (Wed, 24 Sep 2008 14:22:51 GMT)
NY court rules against real estate company
Associated Press - September 24, 2008 10:33 AM ET NEW YORK (AP) - A court has blocked a New York City real estate company from redeveloping two historic tenement buildings. (Wed, 24 Sep 2008 14:47:19 GMT)
Wed: Real estate stocks up; Teva stands out
The TASE rose today despite yesterday's falls in New York. Africa-Israel led a real estate revival. (Wed, 24 Sep 2008 16:13:29 GMT)
Local Real Estate Market Remains Soft
The local real estate market remained soft in the month of August, according to the latest figures released by the Multiple Listing Service (MLS) of the Chattanooga Association of Realtors. (Wed, 24 Sep 2008 17:13:25 GMT)
Sex offender: I can't move because of bad real estate market
FRANKLIN, Wis. — A registered sex offender ordered out of his home in Franklin is expected in court Thursday to ask for more time to move because the faltering real estate market has kept him from selling his house. (Wed, 24 Sep 2008 18:06:57 GMT)
Buying or Selling in Today's Market? Internet Paves the Path to Real Estate Success
(ARA) - Home buyers and sellers - the relationship may seem like it should be more adversarial than ever, given the current market. Coming at the real estate equation from opposite sides, buyers and sellers may feel they have little in common. (Wed, 24 Sep 2008 18:32:43 GMT)
New Century 21 building banks on Midland's real estate future
It's one thing to wax enthusiastic about Midland's hopeful real estate future in the midst of economic doldrums. It's another to put your money -- lots of it -- where your mouth is. (Wed, 24 Sep 2008 19:07:02 GMT)
GoldenTree InSite Invests $222M in Brazilian Real Estate JV
New York City-headquartered GoldenTree InSite Partners has signed on to invest as much as $222 million of equity in a joint venture with São Paulo, Brazil-based LDI - Inteligencia Urbana Completa, for the development of real estate projects in the São Paulo, Brazil region. (Wed, 24 Sep 2008 20:15:21 GMT)
UA To Offer Free Real Estate Seminar
The University of Arkansas' Students in Free Enterprise are offering a free entrepreneurship program for local real estate agents. (Wed, 24 Sep 2008 21:31:19 GMT)
New real estate fund to asquire, redevelop distressed properties
Affiliates of Tyler – Donegan Real Estate have formed the Mid-Atlantic Capital Fund LLC to invest in and develop distressed properties with a high potential for return on investments. (Wed, 24 Sep 2008 22:30:18 GMT)
Bearish Real Estate Execs Try to Digest Bad News from Wall Street
It doesn’t get much gloomier than this. A record 90% of executives polled for DLA Piper’s annual real estate outlook survey described their outlook as bearish. Most now say the potential impact of the Wall Street financial crisis eclipses the savings... (Wed, 24 Sep 2008 23:41:51 GMT)
Candidates and Financial, Real Estate Contributions
I checked OpenSecrets to determine how much money presidential candidates have received from "commercial banks," "insurance," the "real estate" sector, the "securities and investment" sector, and the "misc. finance"... (Thu, 25 Sep 2008 02:24:52 GMT)
Developers Look to Vietnam's Real Estate Market
HANOI, Sept 25 Asia Pulse - Vietnam is one of the most attractive markets for real estate developers in Asia, foreign and local investors have said. (Thu, 25 Sep 2008 04:50:40 GMT)
Real estate demand to cross 1,000-mn sq ft mark by 2012
"Indian demand for real estate across office, retail, residential and hospitality sectors is expected to cross 1,000 million sq ft by 2012," said Cushman & Wakefield and GRI in The Metamorphosis, a report on India Real Estate Investment for 2008. The residential segment continues to drive real estate demand with 687 million sq ft, contributing 63 per cent throughout the term under consideration, ... (Thu, 25 Sep 2008 06:29:08 GMT)
County real estate agents organize
Brian Austin, a broker and co-owner of Royal Realty in Mitchellville, speaks at last week's meeting of the Prince George's Real Estate Agents for Change at Prince George's Community College in Largo. (Thu, 25 Sep 2008 07:28:01 GMT)
UA To Offer Free Real Estate Seminar
The University of Arkansas' Students in Free Enterprise are offering a free entrepreneurship program for local real estate agents. (Thu, 25 Sep 2008 07:46:19 GMT)
Real estate offices closing to cut costs
Two prominent Roaring Fork Valley real estate agencies are closing their Basalt branches, indicating an apparent belt-tightening and a chink in the armor of the seemingly invincible local real estate trade. (Thu, 25 Sep 2008 10:18:12 GMT)
Under Contract (Sept. 21-27): Lehman, Barclays Cut Price for Lehman Real Estate
In this week’s issue: Lehman Bros. and Barclays come to terms on real estate purchase. Younan. agrees to buy another Chicago skyscraper. Plus we give you the latest properties Under Contract in: Arizona, California, Colorado, Florida, Illinois, Kansas... (Thu, 25 Sep 2008 10:21:30 GMT)
Tight credit undermining commercial real estate in area
The Baltimore area is more resistant than most, but as vacancies rise, tight credit is starting to undermine commercial real estate Commercial real estate has battled the nationwide credit crunch better than other industries, but that could be coming to an end. (Thu, 25 Sep 2008 10:30:23 GMT)
Some investors remain 'lyrical' over real estate
CURRENT market conditions may not make residential real estate the investment of choice for many people, but a local businessman of some considerable experience tells DistrictMail property will always remain important in his portfolio. (Thu, 25 Sep 2008 11:22:25 GMT)
U.S. real estate's latest game of chance: Raffles
As the economy has worsened and the real estate market has continued to slump, Americans have been using raffles and competitions in a last-ditch effort to raise money and unload a house. (Thu, 25 Sep 2008 12:15:44 GMT)
Real Estate News & Notes - WSL
SUMMIT COUNTY — Summit County Fiscal Officer John Donofrio will offer real estate tax relief to property owners throughout Summit County who sustained wind storm damage to their property in the wake of the recent September storms. (Thu, 25 Sep 2008 12:25:00 GMT)
Real estate’s silver lining
It could be worse. With the real estate market crashing nationally, credit in short supply and investment firms, banks and insurers crumbling under bad debt, there’s a silver lining in the Portland metro area. That’s according to Ken Perry, president and CEO of Broker Knowledge Group ... (Thu, 25 Sep 2008 14:30:38 GMT)
AIG's $16 Billion in Real Estate May Be Cash Source (Update2)
Sept. 23 (Bloomberg) -- American International Group Inc. , selling assets to repay a U.S. government loan, may seek buyers for some of its $16 billion in global real estate holdings. (Thu, 25 Sep 2008 17:12:40 GMT)
Treasure Coast real estate market still faces challenges
The Treasure Coast real estate faces a long road to recovery, industry watchers said Thursday at a conference on regional trends (Thu, 25 Sep 2008 17:57:12 GMT)
RCF plans chemical park, comex to unlock real estate value
Rashtriya Chemicals and Fertliizers (RCF), one of the largest fertiliser companies in India, plans to unlock value from its real estate assets by venturing into related chemical businesses. It plans to set up a chemical park and a first-of-its-kind chemical commodity exchange on its premises. (Thu, 25 Sep 2008 18:49:00 GMT)
Should the Government Invest in Real Estate Mortgage Debt? Glacier Concept's Leverage Personal Edition Software Makes ...
Congress and the House are meeting to determine its role to aid financial institutions in the current credit crisis. The decision makers in Washington DC must find out the mortgage debt's worth. Leverage Personal Edition free trial software by Glacier Concept enables the user to go through financing scenarios to determine the value, return, and profitability of the real estate investments and ... (Thu, 25 Sep 2008 19:06:36 GMT)
REAL ESTATE
Residential real estate In this section you can find different offers on residential real estate from the leading real estate agencies: Apartments for all tastes: standard to luxurious, short or long terms. (Thu, 25 Sep 2008 20:25:09 GMT)
Real estate demand to cross 1,000-mn sq ft mark by 2012
MUMBAI- The real estate demand in various segments in the country would cross the 1,000-million sq ft mark by 2012, a real estate investment report said. (Thu, 25 Sep 2008 20:25:12 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, 25 Sep 2008 20:28:05 GMT)
Local real estate company lays off workers
BOSIE -- The Boise-based real estate investment company DBSI began layoffs today. A total of 70 people will be let go between the Boise and Meridian offices, while 143 people will be released nationwide. (Fri, 26 Sep 2008 00:46:47 GMT)
Longtime broker honored for contribution to real estate
Jay Kirk, a longtime real estate broker in Tooele County, was recently given a Distinguished Service Award by the Tooele County Board of Realtors for his contributions to the local real estate industry. (Fri, 26 Sep 2008 02:08:09 GMT)
Real estate recovery in 2009 seen as doubtful
Two years into the region's real estate slump, it's still not clear when the market will rebound - but 2009 probably won't bring a recovery, local and national real estate experts said Thursday. (Fri, 26 Sep 2008 02:57:50 GMT)
Hall, Weitzman team up with new Hall Real Estate Capital
Two of Dallas' most experienced commercial real estate market players are teaming up with a new company to take advantage of tumultuous financial times. (Fri, 26 Sep 2008 03:35:26 GMT)
Future of commercial real estate lending remains unclear
An already difficult financing market for commercial real estate has become worse in the immediate wake of last week's credit crisis. It's unclear how much that might change with a $700 billion federal government bailout of bad housing debt at financial institutions. (Fri, 26 Sep 2008 04:05:07 GMT)
Millions of dollars in real estate activity adjacent to new hospital site
Millions of dollars worth of real estate activity has taken place on property adjacent to the future home of the Niagara Health System health-care complex in west St. Catharines since the NHS announced it had selected the site to be home to the project that will likely cost hundreds of millions of dollars. (Fri, 26 Sep 2008 04:27:36 GMT)
Buying or Selling in Today's Market? Internet Paves the Path to Real Estate Success
(ARA) - Home buyers and sellers - the relationship may seem like it should be more adversarial than ever, given the current market. Coming at the real estate equation from opposite sides, buyers and sellers may feel they have little in common. (Fri, 26 Sep 2008 11:01:44 GMT)
Buying a Home in Miami Real Estate Market: Exciting Event
Indeed, buying a home in Miami real estate market is a thrilling event of your life. Knowing that there are arrays of homes in the market, it is an exciting time for you to go out and search for what you need. (Fri, 26 Sep 2008 11:31:27 GMT)
Good Features and Facilities: Selling A Sarasota Real Estate Property
House selling is one of the hardest tasks that an individual can have. You need to have a good convincing power to sell you home in a faster way. But of course good convincing power is not enough when selling a Sarasota real estate property. You should have at least strategy in selling the property. (Fri, 26 Sep 2008 11:46:13 GMT)
Real Estate Boosted By OKC's NBA Team
The buzz surrounding the NBA moving to Oklahoma generated real estate interest early on, but brokers said the name announcement has taken it to a whole new level. (Fri, 26 Sep 2008 11:46:46 GMT)
Rochester Real Estate Market Stable
Pittsford, N.Y. -- While the bottom has dropped out of the real estate market in many large metropolitan areas, realtors say the housing market in Rochester remains stable. (Fri, 26 Sep 2008 11:54:51 GMT)
Real-estate agents want more signs in Breckenridge
BRECKENRIDGE - A group of Breckenridge real-estate agents asked the town council this week to allow more open-house signs, furthering a trend toward grass-roots democracy at town hall. (Fri, 26 Sep 2008 13:11:55 GMT)
Washington Real Estate Investment Trust Prices Public Offering of 1.5 Million Common Shares
Washington Real Estate Investment Trust (WRIT) (NYSE:WRE) announced today that an underwritten public offering of 1,500,000 common shares of beneficial interest under its shelf registration statement filed with the Securities and Exchange Commission was priced at $35.00 per share and is expected to close on October 1, 2008. WRIT has granted the underwriters a 30-day option to purchase an ... (Fri, 26 Sep 2008 13:31:22 GMT)
Dig In with Potential on Miami Pre-construction Real Estate
As people know there are really a lot to be considered when looking up to real estate, there are certain factors that we all have to know, there are also certain categories that we all should look at. Right now there are a lot of things to be noted. (Fri, 26 Sep 2008 15:46:05 GMT)
Real estate market unstable through 2010, execs say
Sixty percent of real estate executives say the current credit crisis is having the single greatest impact on the commercial real estate industry than any event during the past 20 years, according to a national survey conducted by global law firm DLA Piper. (Fri, 26 Sep 2008 16:50:04 GMT)
Most real estate insiders don’t see market stabilizing until 2010
The majority of real estate execs -- 60 percent -- say the current credit crisis is the event with the single-greatest impact on the commercial real estate industry during the past 20 years, according to a national survey conducted by international law firm DLA Piper. (Fri, 26 Sep 2008 17:05:06 GMT)
DJ DGAP-PVR: Colonia Real Estate AG: Release according to Article 26, Section 1 of the WpHG [the German Securities ...
Colonia Real Estate AG / Release of an announcement according to Article 21, Section 1 of the WpHG [the German Securities Trading Act] (share) 26.09.2008 Release of a Voting Rights announcement, transmitted by DGAP - a company of EquityStory AG. (Fri, 26 Sep 2008 17:16:17 GMT)
Real estate execs don’t see market stabilizing until 2010
The majority of real estate execs -- 60 percent -- say the current credit crisis is the event with the single-greatest impact on the commercial real estate industry during the past 20 years, according to a national survey conducted by law firm DLA Piper. (Fri, 26 Sep 2008 18:03:38 GMT)
Chase-WaMu deal watched closely in real estate circles
The impact of the government-orchestrated sale of Washington Mutual to J.P. Morgan Chase will ripple through the Bay Area commercial real estate market from San Francisco to Pleasanton. (WM) (JPM) (Fri, 26 Sep 2008 19:03:50 GMT)
Real estate investors invade Orillia
Don Campbell, left, director of Real Estate Investment Network (REIN) stands with Dan Stoutt, chair of the Orillia Real Estate Board and Robert Lamb, manager [...] (Fri, 26 Sep 2008 19:31:18 GMT)
House swapping a growing niche in real estate market
"I'll buy your house if you'll buy mine" is the latest real estate marketing tactic. (Fri, 26 Sep 2008 19:34:28 GMT)
State revokes real estate licenses of Crisp, Cole
State regulators revoked real estate licenses of Carl Cole and David Crisp, a decision released Friday shows. "We do plan to file an appeal," Cole said Friday. "I just talked to my attorney." The revocation, which takes effect Oct. 15, ends the smaller portion of an investigative drama that unfolded a year ago. State regulators filed a mortgage fraud accusation against Cole, Crisp and several ... (Fri, 26 Sep 2008 19:51:04 GMT)
State revokes real estate licenses of Crisp, Cole
State regulators have revoked the real estate licenses of Carl Cole and David Crisp, a decision released Friday shows. But the pair, former principals of Bakersfield's now-defunct Crisp & Cole Real Estate whom regulators accused of mortgage fraud, could continue selling homes for months or longer. "We do plan to file an appeal," Cole said Friday. "I just talked to my attorney." (Fri, 26 Sep 2008 19:51:21 GMT)
Real estate insiders see market upheaval into 2010
The majority of real estate execs -- 60 percent -- say the current credit crisis is the event with the single-greatest impact on the commercial real estate industry during the past 20 years, according to a national survey conducted by law firm DLA Piper. (Fri, 26 Sep 2008 20:49:48 GMT)
With new sites, real estate search dials into mobile phones
Even as home sales remain in a prolonged skid, there's something of a Gold Rush to develop software and Web sites designed to turn mobile phones into divining rods for real estate listings and neighborhood information. (Fri, 26 Sep 2008 22:20:31 GMT)
Experts: Financial bailout could prolong real estate hitting bottom
The financial bailout being negotiated by Congress and George Bush’s administration may prolong real estate’s bottoming out, said land buying experts at a Miami Beach conference Friday. (Fri, 26 Sep 2008 23:07:22 GMT)
Inclusion of Minority Real Estate Professionals and Asset Managers Urged as Congress Considers $700 Billion Bailout Plan
Maria Kong, President of the National Association of Real Estate Brokers today urged Congressional leadership, President Bush and Secretary of the Treasury Paulson, to act fairly and responsibly to ensure that minority-owned real estate, finance and legal professionals are included among the firms tapped to manage the multi-billion dollar asset portfolio the government plans to purchase from ... (Sat, 27 Sep 2008 00:41:00 GMT)
Briefs: HUD offers real-estate counseling services
How about some counseling to help you resolve some of your deep-rooted real-estate issues? (Sat, 27 Sep 2008 04:26:20 GMT)
Real estate office move suits owner
WARR ACRES — A year after moving his real estate office, A-OK Realty, broker-owner Everett Ellis said he plans to stay put "forever.” A-OK Realty relocated to 3856 N MacArthur from another location in Warr Acres. He said people still have a hard time finding him. Ellis said he has been in the real estate business, residential and commercial, for 34 years. The move "worked out great,” he said. ... (Sat, 27 Sep 2008 05:08:15 GMT)
Edmond real estate office gets new managing broker
EDMOND — Bo Martin has joined EXIT Bob Linn Real Estate as managing broker of its Edmond office. Martin is a Guthrie native and grandson of Duffy Martin, founder of Cedar Valley and Cimarron golf course clubs. Martin has worked with Linn since his start in real estate six years ago. read more (Sat, 27 Sep 2008 05:08:22 GMT)
Rock Island real estate will be sold
Rock Island County will hold a public auction for 52 real estate properties and 13 mobile homes at 7 p.m. Oct. 7 at Holiday Inn-Airport convention center, 6902 27th St., Moline. Real estate properties for sale are delinquent for 2004 property taxes and mobile homes are delinquent for 2005 and prior taxes. (Sat, 27 Sep 2008 05:47:27 GMT)
Buying or Selling in Today's Market? Internet Paves the Path to Real Estate Success
(ARA) - Home buyers and sellers - the relationship may seem like it should be more adversarial than ever, given the current market. Coming at the real estate equation from opposite sides, buyers and sellers may feel they have little in common. (Sat, 27 Sep 2008 05:52:29 GMT)
Digging Thoughts on Miami Pre-Construction Real Estate
Thinking of a good real estate investment for the long run is something that most investors keep their minds stuck on. (Sat, 27 Sep 2008 10:01:07 GMT)
Relying Good Investment with Miami Commercial Real Estate
There are so much that people have put so much thought when it comes to investing especially in real estate, as we all know real estate tackles so much and its market, well, it’s pretty much broad, I know that with the emergence of different markets it affects a lot and the reality of it is that people knows what type of market they should be investing with, it is called business instinct. (Sat, 27 Sep 2008 10:01:17 GMT)
Smith takes long way around to Clarksville real estate
Barbara Jo Smith, agent with Byers & Harvey Real Estate, says while Clarksville is feeling some of the pinch of the downturn in the nation's housing market, the impact here is diluted. (Sat, 27 Sep 2008 13:34:09 GMT)
Four members join Clemson University Real Estate Foundation board
Frank A. McLeod III, Roy Abercrombie, George E. Biediger and Neil C. Robinson have joined the Clemson University Real Estate Foundation board of directors (Sat, 27 Sep 2008 23:48:59 GMT)
Real Estate Transactions
AMERICUS — The following real estate transactions were recently filed with the Clerk of Superior and State Court’s Office in Sumter County. • Kenneth M. HInes sold to Nirmal Singh property at 1508-167-28 and 1508-167-55 for $200,000. (Sun, 28 Sep 2008 03:34:02 GMT)
Real estate people
Do you have real estate news? Send it to business@citizen-times.com, with “real estate people” in the subject line. We will publish items as soon as possible, in the order in which they were received. (Sun, 28 Sep 2008 04:30:49 GMT)
Real estate search dials into mobile phones
LOS ANGELES — Even as home sales remain in a prolonged skid, there’s something of a Gold Rush to develop software and Web sites designed to turn mobile phones into divining rods for real estate listings and neighborhood information. (Sun, 28 Sep 2008 04:31:09 GMT)
Real estate market strong in C.B.
While the real estate market remains depressed in many sections of the country, the market remains relatively strong in Council Bluffs. (Sun, 28 Sep 2008 05:12:16 GMT)
Simsari announces strategic partnership with Real Estate Regulatory Agency in Dubai
Simsari.com, the Middle East's largest and smartest online marketplace that specializes in property and real estate transactions, has announced a strategic joint venture with Real Estate Regulatory Agency (RERA), the authority that formulates, regulates, manages and licenses real estate activities in Dubai. (Sun, 28 Sep 2008 09:12:29 GMT)
Dar Al Dhabi Real Estate participates at Cityscape Dubai 2008
Dar Al-Dhabi Real Estate, a Kuwaiti shareholding closed company and a subsidiary of Dar Al-Dhabi Holding, will be exhibiting the landmark Dar Al-Dhabi Project and 300m towers The Wings at Cityscape Dubai on the 6th - 9th of October. (Sun, 28 Sep 2008 09:27:49 GMT)
UAE- Al Benaa Real Estate signs JV agreement with HCT
UAE- Al Benaa Real Estate signs JV agreement with HCT (Sun, 28 Sep 2008 10:12:24 GMT)
Complaints against Ohio real-estate agents rise
Complaints against real-estate agents and brokers are climbing in Ohio as a lackluster housing market leads to fewer sales and more frustration, state government figures showed. (Sun, 28 Sep 2008 10:21:24 GMT)
Dubai Group acquires 51% stake in Bahrain's Acacia Real Estate
Dubai Group, a leading diversified financial services company of Dubai Holding, today announced it has acquired 51% of Acacia Real Estate Limited BVI (Acacia), the real estate investment company of which Bahrain's TAIB Bank is the principal founding shareholder, through a capital increase. (Sun, 28 Sep 2008 11:57:21 GMT)
Miami Real Estate: Preparing Your Home For Sale
If you are selling your home in Miami real estate market, there are things you have make sure of such as, you need to price your home correctly, hire the expertise of a professional real estate agent, you have to market you home on the internet and of course you have to make sure that your home looks good and attractive inside and out. (Sun, 28 Sep 2008 14:31:06 GMT)
Moving to Sarasota Real Estate Market: Tips
If you have to move in Sarasota, you have to think about all the vital factors to make it an enjoyable real estate experience. Certainly, you have to pick a specific neighborhood in Sarasota real estate that you could want to buy a home. (Sun, 28 Sep 2008 14:46:05 GMT)
Florida Real Estate: Improve Your Home For Better Profit
Florida real estate offers tons of opportunities for investor to earn a large profit in selling residential properties in the region. (Sun, 28 Sep 2008 18:01:04 GMT)
DJ DGAP-Adhoc: Hypo Real Estate Bank AG:Credit facility for Hypo Real Estate Group
Hypo Real Estate Bank AG / Agreement 29.09.2008 Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. (Mon, 29 Sep 2008 01:45:25 GMT)
Hypo Real Estate Gets Credit Facility; Expects No 2008 Dividend
Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, has been provided with a credit facility by a grouping from the German financial industry. (Mon, 29 Sep 2008 01:47:30 GMT)
Real estate agents catch the bicycling bug and share it with their clients
PORTLAND -- With gas prices high, bicycles flying out of stores and a buyer's market for houses, several real estate agents around the country are touting the two-wheeled appeal of their listings. (Mon, 29 Sep 2008 01:55:12 GMT)
DJ DGAP-Adhoc: Hypo Real Estate Holding AG:Credit facility for Hypo Real Estate Group
Hypo Real Estate Holding AG / Agreement 29.09.2008 Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. (Mon, 29 Sep 2008 02:15:41 GMT)
Wells Real Estate Funds
At Wells Real Estate Funds, employees are viewed, treated and valued as the company’s greatest asset. They’re also rewarded as if they’re the company’s greatest asset: Early last year Wells, a real estate investment firm, spun off a $175 million Wells-sponsored investment program from its portfolio. At that time, Leo Wells, president and founder of Wells Real Estate, set aside $81 million in ... (Mon, 29 Sep 2008 04:03:26 GMT)
Some real estate agents avoiding turbulent market
Rookie real estate agent Evin Alcindor has heard this isn’t your typical housing market. (Mon, 29 Sep 2008 04:09:31 GMT)
Bryant Commercial Real Estate Partners LLC
T. Richard “Dick” Bryant has been in real estate for 30 years and he’s been through rough patches before. As president and CEO of Bryant Commercial Real Estate Partners LLC, he realizes it’s easy to get down in a market like this. He’s also savvy enough to see the silver lining. (Mon, 29 Sep 2008 04:10:43 GMT)
Hypo Real Estate Group Has Secured Major New Funding Facility
Hypo Real Estate Group has secured a major new credit facility which is designed to shield the company from the impact of the current malfunctioning of the international money markets. A consortium from the German financial sector has provided Hypo Real Estate Holding AG, together with its subsidiaries DEPFA Bank Plc, Hypo Real Estate Bank AG and Hypo Real Estate Bank International AG with a ... (Mon, 29 Sep 2008 04:15:26 GMT)
In commercial real estate, 1031 exchange remains popular
Despite sputtering real estate sales, the tax advantages of a 1031 exchange are as attractive as ever. (Mon, 29 Sep 2008 04:16:23 GMT)
Financial fallout affecting local real estate financing
The collapse of Lehman Brothers Holdings Inc., the bailout of mortgage guarantors such as Fannie Mae, and further erosion of capital markets already reeling from subprime fallout could hurt Denver-area real estate development and investment into 2010, local real estate experts predict. (Mon, 29 Sep 2008 04:24:08 GMT)
Hypo Real Estate shares tumble after consortium's lifeline
Shares in Germany’s Hypo Real Estate tumble more than 60% Monday after the commercial property lender has to be rescued by a consortium of local financial institutions. (Mon, 29 Sep 2008 09:42:47 GMT)
Hypo Real Estate Secures Credit, Plans Dividend Cut (Update2)
Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, plans to scrap its 2008 dividend after securing a ``multi-billion-euro'' credit line to shield itself from turmoil on financial markets. (Mon, 29 Sep 2008 10:29:06 GMT)
Secured to Raise $1 Billion for Real Estate in Japan (Update2)
Sept. 29 (Bloomberg) -- Secured Capital Japan Co. , backed by clients including the California Public Employees' Retirement System, is raising $1 billion to buy properties from distressed sellers as Japan's real-estate market weakens. (Mon, 29 Sep 2008 10:51:40 GMT)
Hypo Real Estate Posts Record Drop After Securing Credit Line
Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, had a record drop in German trading after saying it secured a ``multi-billion-euro'' credit line to shield itself from turmoil on financial markets. (Mon, 29 Sep 2008 10:55:03 GMT)
Hypo Real Estate Posts Record Drop After Securing Credit Line
Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, had a record drop in German trading after saying it secured a ``multi-billion-euro'' credit line to shield itself from turmoil on financial markets. (Mon, 29 Sep 2008 10:56:17 GMT)
Hypo Real Estate Posts Record Drop After Credit Line (Update1)
Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, fell the most in five years after saying it secured a ``multi-billion-euro'' credit line to shield itself from financial-markets turmoil. (Mon, 29 Sep 2008 11:11:28 GMT)
Hypo Real Estate Posts Record Drop After Credit Line (Update1)
Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, fell the most in five years after saying it secured a ``multi-billion-euro'' credit line to shield itself from financial-markets turmoil. (Mon, 29 Sep 2008 11:14:59 GMT)
Hypo Real Estate Posts Record Drop After Credit Line (Update1)
Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, fell the most in five years after saying it secured a ``multi-billion-euro'' credit line to shield itself from financial-markets turmoil. (Mon, 29 Sep 2008 11:21:37 GMT)
Commerzbank Says Funding Secure After Hypo Real Estate Rescue
Sept. 29 (Bloomberg) -- Commerzbank AG , the owner of Germany's biggest commercial-property lender, said its funding is secure after rival Hypo Real Estate Holding AG received an emergency credit line to shield itself from financial-market turmoil. (Mon, 29 Sep 2008 11:27:16 GMT)
German Stocks Slump; Hypo Real Estate, Commerzbank Lead Decline
Sept. 29 (Bloomberg) -- German stocks sank the most in six months after the government and banks bailed out Hypo Real Estate Holding AG with a 35 billion-euro ($50 billion) guarantee. (Mon, 29 Sep 2008 12:05:14 GMT)
JPMorgan Says `Steer Clear' of Russian Real-Estate Stocks
Sept. 29 (Bloomberg) -- Investors should ``steer clear'' of Russian real-estate stocks because the industry will be the country's ``hardest hit'' in the event of a global economic recession, JPMorgan Chase & Co. said. (Mon, 29 Sep 2008 12:14:16 GMT)
Hypo Real Estate to Get EU35 Billion Bailout From State, Banks
Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, will receive a 35 billion-euro ($50 billion) guarantee from the government and private banks to save it from potential collapse. (Mon, 29 Sep 2008 12:21:30 GMT)
German Stocks Slump; Hypo Real Estate, Commerzbank Lead Decline
Sept. 29 (Bloomberg) -- German stocks dropped for a second day after the government and banks bailed out Hypo Real Estate Holding AG with a 35 billion-euro ($50 billion) guarantee. (Mon, 29 Sep 2008 13:40:34 GMT)
Hypo Real Estate Gets $50 Billion in Emergency Credit (Update1)
Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, will receive a 35 billion-euro ($50 billion) loan guarantee from the government and a group of banks to save it from potential collapse. (Mon, 29 Sep 2008 16:13:21 GMT)
Hypo Real Estate secures major credit line
Hypo Real Estate Holding AG became the first German blue-chip company to seek a bailout in the global financial crisis, securing a line of credit of up to $51.2 billion aimed at shielding Germany's No. 2 commercial property lender as the financial crisis expanded to Europe. (Mon, 29 Sep 2008 16:38:31 GMT)
German Stocks Drop Most in Eight Months; Hypo Real Estate Sinks
Sept. 29 (Bloomberg) -- German stocks fell the most in eight months after the government and a group of banks had to bail out Hypo Real Estate Holding AG with a 35 billion-euro ($50 billion) loan guarantee. (Mon, 29 Sep 2008 17:30:45 GMT)
Around Town: In the real estate typhoon, Pittsburgh holds steady
The Pittsburgh real estate market is tough to pigeonhole. (Tue, 30 Sep 2008 04:25:19 GMT)
MU faces lawsuit by real estate group
A real estate investors group is suing Marquette University, claiming it interfered with the group's attempt to sell... (Tue, 30 Sep 2008 05:23:14 GMT)
Coldwell Banker Sets Up Vietnam Real Estate Company
HANOI -(Dow Jones)- Coldwell Banker, a unit of U.S.-based real estate franchisor Realogy Corp., said it has established a company in Vietnam's Ho Chi Minh City to provide real estate brokerage and management services. (Tue, 30 Sep 2008 08:27:16 GMT)
Merkel throws weight behind Hypo Real Estate rescue
Berlin - Chancellor Angela Merkel threw her weight Tuesday behind a government guarantee for troubled German mortgage lender Hypo Real Estate (HRE), saying she assumed the lifeline would be extended this week. She said the package was a confidence-b... (Tue, 30 Sep 2008 11:39:08 GMT)
The Business of New York Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online
NEW YORK CITY-It wasn’t so long ago, recalled John Salustri, when all anybody in commercial real estate had to worry about was "a bad market." Salustri, editorial director of Incisive Media’s real estate group, observed, "the main question in those simpler days was if we were headed for a recession. (Tue, 30 Sep 2008 11:44:10 GMT)
Strategy You Need To Learn In Selling Your Sarasota Real Estate Property
If you are planning to sell your home at Sarasota real estate market, you need to be competitive enough so that you can have a good deal selling your home. There are a lot of people who are selling their home and you should take note of the competition and learn how to survive and get good deals. (Tue, 30 Sep 2008 12:57:43 GMT)
Muccio sues Israel over failed real estate projects
A retired Procter & Gamble executive who is one of the largest investors in Fayetteville developer Ben Israel’s real estate projects filed three lawsuits against Israel and his companies Monday. (Northwest Arkansas Times) (Tue, 30 Sep 2008 13:25:54 GMT)
US credit crisis affecting real estate market
The wheels are in motion to peddle Bahamian real estate around the world, with local Realtors bracing for an even greater slowdown in the market stemming from the current credit crisis, Guardian Business has learned. (Tue, 30 Sep 2008 16:14:27 GMT)
Captain: Real estate sales to fall
Guam last year saw about $686.8 million in real estate transactions, but 'the party's over, at least for now,' according to real estate expert Nick Captain. (Tue, 30 Sep 2008 17:02:49 GMT)
PRESS RELEASE: Fitch Downgrades Hypo Real Estate Group To A-
Fitch Ratings-London/Frankfurt-30 September 2008: Fitch Ratings has today downgraded Hypo Real Estate Holding AG's (HRE Group) Long-term Issuer Default Rating (IDR) to 'A-' (A minus) from 'A'. The Outlook remains Stable. (Tue, 30 Sep 2008 17:13:18 GMT)
Real estate buyers told to be careful
BUYERS of real-estate properties are warned to be wary doing transactions because they might be dealing with brokers who do not have licenses to sell issued by the Housing and Land Use Regulatory Board (HLURB). (Tue, 30 Sep 2008 17:14:27 GMT)
Virtual tours of real estate helps sell homes
When real estate agencies first began offering virtual tours of properties on their Web sites in the mid-1990s, they knew they were onto something big. (Tue, 30 Sep 2008 17:41:56 GMT)
Neuberger Berman Real Estate Securities Income Fund Announces Monthly Distributions
NEW YORK----The Board of Directors of Neuberger Berman Real Estate Securities Income Fund Inc. , which trades on the American Stock Exchange under ticker symbol NRO, has declared monthly distributions of $0.153080 per share for the dates below. (Tue, 30 Sep 2008 20:07:00 GMT)
Neuberger Berman Real Estate Securities Income Fund Announces Monthly Distributions
The Board of Directors of Neuberger Berman Real Estate Securities Income Fund Inc. (the "Fund"), which trades on the American Stock Exchange under ticker symbol NRO, has declared monthly distributions of $0.153080 per share for the dates below. (Tue, 30 Sep 2008 20:30:45 GMT)
Fitch Affirms & Withdraws Ratings of Pennsylvania Real Estate Investment Trust
Fitch Ratings affirms and simultaneously withdraws the ratings of Pennsylvania Real Estate Investment (Tue, 30 Sep 2008 22:06:28 GMT)
Fitch Affirms & Withdraws Ratings of Pennsylvania Real Estate Investment Trust
Fitch Ratings affirms and simultaneously withdraws the ratings of Pennsylvania Real Estate Investment Trust as follows: (Tue, 30 Sep 2008 22:16:11 GMT)
American real-estate market hit by sharpest ever annual drop in prices
An end to the American housing recession, something that many observers regard as essential to ending the credit crunch, seemed little closer yesterday, with US real estate prices falling by the sharpest annual rate ever in July, though the monthly rate of decline is slowing. (Tue, 30 Sep 2008 23:06:52 GMT)
Longtime broker honored for contribution to real estate
Jay Kirk, a longtime real estate broker in Tooele County, was recently given a Distinguished Service Award by the Tooele County Board of Realtors for his contributions to the local real estate industry. (Tue, 30 Sep 2008 23:59:59 GMT)
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