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Bankers writing commercial real estate loans more carefully
Finding money for a commercial real estate project was getting a lot harder even before the credit crisis came to a head this week, Wilmington area developers, builders and brokers say. Will it get worse' (Wed, 01 Oct 2008 00:52:54 GMT)
Current financial atmosphere: 'nothing quite like this,' says veteran real estate broker
Tracy Dearman has plenty of long-term perspective on the current real estate downturn. She runs a small San Francisco brokerage that was started by her grandmother on Haight Street more than 50 years ago. "We have seen many cycles in the real estate market... (Wed, 01 Oct 2008 00:53:19 GMT)
Failed Deals Replace Real Estate Boom
After seven years of nonstop construction and skyrocketing rents the credit crisis may be bringing New York?s real estate boom to an end. (Wed, 01 Oct 2008 02:18:29 GMT)
Two real estate firms battle for Starrett City
It's a David and Goliath tale - but it's hard to know which real estate investment firm to root for now that the battle for Starrett City is down to two contenders. (Wed, 01 Oct 2008 05:13:10 GMT)
The Course of Miami Condo Real Estate in our Market
Fact is told about our real estate market and the truth is, it is not looking all that well, we might think that it is on the good spot, well it can be wrong. Certain experts say that with the economic downward spiral of the country, it is hard to keep track of a market that can boast potential. (Wed, 01 Oct 2008 06:31:15 GMT)
Diversity helps S.F. real estate firm survive
Tracy Dearman has plenty of long-term perspective on the current real estate downturn. She runs a small San Francisco brokerage that was started by her grandmother on Haight Street more than 50 years ago. "We have seen many cycles in the real estate market,... (Wed, 01 Oct 2008 07:37:38 GMT)
Oxnard man faces 10 years for $3 million real estate scheme
Manuel "Manny" John Perez Jr. pleaded guilty to four felony grand-theft charges in connection with a real estate scheme that caused more than $3 million in losses, a Ventura County prosecutor said Tuesday. Perez also pleaded guilty Monday to the felony charge of insufficient funds on a closed financial account. (Wed, 01 Oct 2008 09:07:29 GMT)
Failed Deals Replace Real Estate Boom
After seven years of nonstop construction and skyrocketing rents the credit crisis may be bringing New York?s real estate boom to an end. (Wed, 01 Oct 2008 09:22:00 GMT)
Real estate market to warm up soon: experts
VietNamNet Bridge – The real estate market is expected to become warmer in the time to come as the market correction period has bottomed out, experts say. (Wed, 01 Oct 2008 10:35:01 GMT)
Failed Deals Replace Real Estate Boom
After seven years of nonstop construction, skyrocketing rents and sales prices, and a seemingly endless appetite for luxury housing that transformed gritty and glamorous neighborhoods alike, the credit crisis and the turmoil on Wall Street are bringing New York’s real estate boom to an end, The New York Times’s Charles V. Bagli reports. (Wed, 01 Oct 2008 11:15:42 GMT)
UniCredit to spin off real estate assets to boost finances
UniCredit SpA, Italy’s largest bank by assets, Wednesday pledges to shore up its finances by spinning off some of its real-estate assets. (Wed, 01 Oct 2008 11:42:58 GMT)
Two Tree.com Executives Named Among 100 Most Influential Real Estate Leaders by Inman News
Inman News this week named Doug Lebda, Tree.com chairman and CEO, and Bret Violette, president of RealEstate.com, to the '100 Most Influential Real Estate Leaders' list. (Wed, 01 Oct 2008 12:00:00 GMT)
Lakewood Real Estate Seminar to be held on Oct. 16
The Lakewood Real Estate Seminar will be held on Oct. 16 from 8:30 a.m. to 4:30 p.m. at the Woman's Club Pavillion at Lakewood Park. The annual seminar is designed to showcase Lakewood and its diverse, attractive housing stock. "Where... (Wed, 01 Oct 2008 12:10:50 GMT)
3Q UK Direct Real Estate Investment Activity Shrinks to GBP5 Billion
LONDON -(Dow Jones)- Direct real estate investment activity in the U.K. shrunk to about GBP5 billion in the third quarter as a lack of available finance impacted deals, according to Jones Lang LaSalle. (Wed, 01 Oct 2008 14:27:38 GMT)
Legal Malpractice Claims Tied to Real Estate Deals Shows Quickest Climb
Legal malpractice claims tied to real estate transactions rose faster than other top reasons for lawsuits against lawyers during the past three years, according to an American Bar Association study on lawsuits against lawyers. (Wed, 01 Oct 2008 16:15:29 GMT)
O.C. real estate's hottest job is dirty work
Yup, pruning and mopping, and zapping bugs and rodents, are real estate's lone growth niche. (Wed, 01 Oct 2008 17:12:51 GMT)
Guilty plea in $3M Oxnard real estate scheme
An Oxnard man is facing more than 10 years in prison for cheating sellers, real estate agents and lenders out of $3 million by funneling bogus transactions through businesses he owned. Read comments (Wed, 01 Oct 2008 17:48:45 GMT)
Guilty plea in $3M Oxnard real estate scheme
An Oxnard man is facing more than 10 years in prison for cheating sellers, real estate agents and lenders out of $3 million by funneling bogus transactions through businesses he owned. Manuel John Perez Jr. pleaded guilty Monday to four felony grand-theft... (Wed, 01 Oct 2008 17:53:11 GMT)
Sistema-Hals Tumbles on Russian Real-Estate Liquidity Concerns
Oct. 1 (Bloomberg) -- Sistema-Hals , the property company of billionaire Vladimir Yevtushenkov , lost half of its value in London trading on concern real-estate companies may run out of funds to finance projects amid falling property prices in Russia. (Wed, 01 Oct 2008 19:24:56 GMT)
Hawaii Real Estate Continuing Education Information Now Available Online at http://www.eHawaii.gov
The Hawaii Department of Commerce and Consumer Affairs' Real Estate Commission encourages the state's nearly 15,000 active licensed real estate professionals to access key continuing education information online. The new service is available through the state's official Web site (http://www.eHawaii.gov). (Wed, 01 Oct 2008 20:56:02 GMT)
Where Manhattan Real Estate Sales Are Slowing
New York luxury real estate prices have held steady in the six months since Wall Street's initial slide. But that's about to change. (Wed, 01 Oct 2008 22:22:04 GMT)
Retail Real Estate Execs Report Strong Employment Environment For Now
With the increasing number of store closings, retailers going bankrupt, and cutbacks in new stores opening, as well as the credit crunch slowing down investment sales volume and the development pipeline, retail real estate firms are feeling a strain on... (Wed, 01 Oct 2008 23:52:39 GMT)
Columbus Church Remembers Real Estate Agent
Real Estate Agent, Herta Bailey was found dead in the trunk of her car last night. She was reported missing the night before. Tonight members of the church took time out to remember the out-going church member she was. (Thu, 02 Oct 2008 04:04:34 GMT)
New Hall Real Estate Capital will work to capitalize on the real estate market
New Hall Real Estate Capital will work to capitalize on the real estate market. (Thu, 02 Oct 2008 05:17:02 GMT)
`Sex and the City' Writer Bushnell Probes Real Estate (Update1)
Oct. 2 (Bloomberg) -- Forget sex, but not the city. What concerns everyone in Candace Bushnell 's new novel, ``One Fifth Avenue,'' is real estate. As the book opens, Louise Houghton, a Brooke Astor -like society matron living in a grand triplex atop the stately pre-war tower, dies in a freak accident on her terrace. (Thu, 02 Oct 2008 07:33:50 GMT)
RenCap sees forced sales of Russian real estate
MOSCOW, Oct 2 (Reuters) - The Russian real estate sector is facing forced sales of development portfolios and small players will go bankrupt because of a lack of refinancing resources at home and abroad, Renaissance Capital said on Thursday. (Thu, 02 Oct 2008 10:05:43 GMT)
Real estate market motionless, real estate share items fluctuate
VietNamNet Bridge – While the real estate market has been dormant this year, share items of real estate firms have experienced ups and downs. (Thu, 02 Oct 2008 10:20:47 GMT)
Columbus Real Estate Agent Killed, Tenant Arrested
COLUMBUS, Ga. -- Columbus police have arrested a tenant in the strangulation death of a well-known real estate agent. Ricky Powell, 39, also of Columbus, is charged in Monday night's death of 70-year-old Herta Bailey. (Thu, 02 Oct 2008 10:40:37 GMT)
Big Real Estate Would Love Bloomberg Triplex
The story was reported by Max Abelson, Eliot Brown and Dana Rubinstein; and written by Ms. Rubinstein. New York's real estate community doesn't just love Mayor Bloomberg. It lurves him. And it's greeting the news of his third-term bid accordingly. A sampling: "Love him," said developer and landlord Alex Sapir. "Let's keep him forever." "It's the best news I've heard in years," ... (Thu, 02 Oct 2008 12:18:04 GMT)
`Sex and the City' Writer Bushnell Probes Real Estate (Update1)
Oct. 2 (Bloomberg) -- Forget sex, but not the city. What concerns everyone in Candace Bushnell 's new novel, ``One Fifth Avenue,'' is real estate. As the book opens, Louise Houghton, a Brooke Astor -like society matron living in a grand triplex atop the stately pre-war tower, dies in a freak accident on her terrace. (Thu, 02 Oct 2008 13:56:05 GMT)
Where Manhattan Real Estate Sales Are Slowing
New York luxury real estate prices have held steady in the six months since Wall Street's initial slide. But that's about to change. (Thu, 02 Oct 2008 14:25:20 GMT)
Georgia Real Estate Agent Killed, Tenant Arrested
COLUMBUS, Ga. -- Columbus police have arrested a tenant in the strangulation death of a well-known real estate agent. 39-year-old Ricky Powell, also of Columbus, is charged in Monday night's death of 70-year-old Herta Bailey. (Thu, 02 Oct 2008 15:01:58 GMT)
Hypo Real Estate Rescue May Fail Amid Bank Dispute, Welt Says
Oct. 2 (Bloomberg) -- The 35 billion-euro ($48 billion) bailout of Hypo Real Estate Holding AG may collapse should banks fail to reach agreement on their participation in the guarantees by tomorrow, Die Welt reported. (Thu, 02 Oct 2008 17:18:17 GMT)
Hall Financial Group partners with real estate execs to form Hall Real Estate Capital
Diversified investment company Hall Financial Group announced this week that its chairman is partnering with two other real estate executives to form Hall Real Estate Capital LLC. (Thu, 02 Oct 2008 20:08:02 GMT)
Emirates NBD’s EIS to Launch Third Real-estate Fund
DUBAI — An official of Emirates NBD Group’s investment arm said his company is preparing to launch a third real-estate fund as soon as the negative market sentiment dies down, as he calls for a self-regulating body for fund managers. (Thu, 02 Oct 2008 20:25:09 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, 02 Oct 2008 20:25:35 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, 02 Oct 2008 20:28:46 GMT)
Real estate market booms again in Chandigarh periphery
Number of land registration deeds at all-time high in July The real estate market is once again booming in the Chandigarh periphery, if the official figures of land registration deeds are any indication. (Thu, 02 Oct 2008 21:06:32 GMT)
EU clears Germany's bailout for Hypo Real Estate
Germany won European Union approval Thursday for a 35 billion euro bailout of Hypo Real Estate Holding AG, which on Monday became the first German blue-chip company to seek a government rescue. (Thu, 02 Oct 2008 22:11:19 GMT)
Don't panic! 5 essential real estate tips
With the economy in misery, most of us are a bit confused when it comes to real estate. Is this the time to buy, or sell, or do nothing at all? Real estate expert Barbara Corcoran addresses the top five issues that have people panicking. (Thu, 02 Oct 2008 22:46:19 GMT)
EU approves Hypo Real Estate bail-out
The European Commission has approved a €35 billion bail-out of Hypo Real Estate Holding AG. Earlier this week, the bank became the first German mortgage lender to seek a government rescue since the global financial crisis began. (Fri, 03 Oct 2008 00:26:37 GMT)
EU clears €35B bailout for Hypo Real Estate
BRUSSELS, Belgium (AP) -- Germany has won European Union approval for a €35 billion ($51.2 billion) bailout of Hypo Real Estate Holding AG. (Fri, 03 Oct 2008 01:54:54 GMT)
Banks reach agreement on Hypo Real Estate deal
Frankfurt, Oct 3 (DPA) A group of banks reached agreement early Friday on the details of a planned multibillion-euro bail-out for Germany's ailing mortgage lender Hypo Real Estate, sources told DPA. (Fri, 03 Oct 2008 03:19:00 GMT)
New York's real estate hothouse feels a draft
New York City's famously overheated real estate market is shivering as the number of homes on the market reaches an eight-year peak and sales activity falls to its lowest level in five years. (Fri, 03 Oct 2008 04:08:23 GMT)
Concern for 2009 as Manhattan Real Estate Market Slows
While Manhattan real estate prices are higher than they were a year ago, there are signs that the market nonetheless has slowed. (Fri, 03 Oct 2008 04:21:58 GMT)
Manhattan real estate: Pricey but headed for a fall
The crisis on Wall Street hasn't hit the high cost of Manhattan real estate, but the economic slowdown has curbed the number of deals in the Big Apple, according to reports out Friday. (Fri, 03 Oct 2008 08:39:09 GMT)
Selling Your Property At Siesta Key Real Estate Market: Tips and Guides
In selling your property at Siesta Key real estate market, there are lots of options to increase the market value of your property and aside from increasing the market value, you need to think some strategies how to market your home. (Fri, 03 Oct 2008 11:01:35 GMT)
Concern for 2009 as Manhattan Real Estate Market Slows
While Manhattan real estate prices are higher than they were a year ago, there are signs that the market nonetheless has slowed. (Fri, 03 Oct 2008 11:06:57 GMT)
Hypo Real Estate Advances on Report That Bailout Deal Reached
Oct. 3 (Bloomberg) -- Hypo Real Estate Holding AG rose in Frankfurt trading on a report that banks and insurers reached an agreement overnight on details for a bailout package to save the struggling German commercial property lender. (Fri, 03 Oct 2008 11:12:42 GMT)
(AFX UK Focus) 2008-10-03 12:16 Banks agree Hypo Real Estate guarantees -sources
FRANKFURT, Oct 3 (Reuters) - German banks and insurers have reached agreement on how to apportion credit guarantees among themselves aimed at propping up financier Hypo Real Estate , sources familiar with the situation said on Friday. (Fri, 03 Oct 2008 11:48:04 GMT)
Busting Six Common Real Estate Myths
Everyone knows someone who has made a small fortune in real estate. From buying houses and condos to purchasing commercial buildings, there is money to be made in the real estate market. (Fri, 03 Oct 2008 12:00:00 GMT)
Cerberus to Invest $1.05 Billion in CIBC Real Estate (Update1)
Oct. 3 (Bloomberg) -- Canadian Imperial Bank of Commerce , Canada's fifth-biggest bank, said U.S. buyout fund Cerberus Capital Management LP will invest $1.05 billion in its U.S. residential real estate portfolio. (Fri, 03 Oct 2008 13:43:30 GMT)
Hypo Real Estate Shares Surge as Banks Agree on Bailout Plan
Oct. 3 (Bloomberg) -- Hypo Real Estate Holding AG gained the most ever in Frankfurt trading after banks reached an agreement on the details of a bailout package to prop up the struggling German commercial property lender. (Fri, 03 Oct 2008 13:49:30 GMT)
Shearman Takes Lead on Germany's First Big Bailout -- $48B for Hypo Real Estate
Shearman & Sterling has taken the lead role on Germany's first high-profile rescue deal -- advising on the $48 billion bailout of commercial lender Hypo Real Estate. The loan, which the European Commission cleared on Thursday night, has also generated roles for Hengeler Mueller and Linklaters. The German bailout comes in the same week that local governments were forced to bailout Dexia and ... (Fri, 03 Oct 2008 17:45:48 GMT)
Real Estate Weekly: Those who don't own homes still dream of doing so -- but not soon
More than half of all nonhomeowners said they still believe homeownership is a part of achieving their own American dream, according to results of a recent survey from real-estate Web site Trulia.com. Still, most aren’t planning to make that dream come true in the next year. (Fri, 03 Oct 2008 18:20:41 GMT)
Cerberus to Invest $1.05 Billion in CIBC Real Estate (Update5)
Oct. 3 (Bloomberg) -- Canadian Imperial Bank of Commerce , which has taken more writedowns than any Canadian lender during the financial crisis, said Cerberus Capital Management LP will invest $1.05 billion in its U.S. real estate portfolio, helping the bank reduce risk. (Fri, 03 Oct 2008 19:31:57 GMT)
Cerberus to Invest $1.05 Billion in CIBC Real Estate (Update6)
Oct. 3 (Bloomberg) -- Canadian Imperial Bank of Commerce , which has taken more writedowns than any Canadian lender during the financial crisis, said Cerberus Capital Management LP will invest $1.05 billion in its U.S. real estate portfolio, helping the bank reduce risk. (Fri, 03 Oct 2008 20:31:43 GMT)
Cerberus to Invest $1.05 Billion in CIBC Real Estate (Update6)
Oct. 3 (Bloomberg) -- Canadian Imperial Bank of Commerce , which has taken more writedowns than any Canadian lender during the financial crisis, said Cerberus Capital Management LP will invest $1.05 billion in its U.S. real estate portfolio, helping the bank reduce risk. (Fri, 03 Oct 2008 20:34:05 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 and columnist Elizabeth Razzi. (Fri, 03 Oct 2008 20:57:46 GMT)
Mastermind in one of California's largest real estate scams gets 14 years
Charles Elliott Fitzgerald, 48, pleaded guilty in May to charges of bilking mortgage lenders of more than $40 million. He is the first of 11 defendants to be sentenced in the case. Charles Elliott Fitzgerald, an admitted architect of one of the largest real estate frauds in California history, was sentenced Friday to 14 years in federal prison for his part in bilking mortgage lenders of more ... (Sat, 04 Oct 2008 00:18:49 GMT)
Real estate loans in Vietnam “safe”: expert
VietNamNet Bridge – Le Xuan Nghia, Director of the Banking Development Strategy Department under the State Bank of Vietnam, has called for commercial banks to have a ‘more friendly view’ on real estate loaning. (Sat, 04 Oct 2008 01:35:01 GMT)
Slow economy impacting Hawaii real estate sales
KAIMUKI (KHNL) - Thousands of Oahu real estate agents feel the impact of our slowing economy as deeply or more deeply than anyone. The good news is Hawaii's real estate, depending on your neighborhood is not in the kind of trouble seen in many mainland markets. (Sat, 04 Oct 2008 02:58:31 GMT)
Emaar Properties wins Best Developer in MENA region at Euromoney Liquid Real Estate Awards
Emaar Properties, the global property developer, has been adjudged Best Developer in the Middle East and North Africa (MENA) region at the Euromoney Liquid Real Estate Awards. (Sat, 04 Oct 2008 06:42:19 GMT)
Learn the real-estate lingo
A favorite "Simpsons" episode of mine is "Realty Bites," which features Marge as a real-estate agent who is chided by Red Jacket Realty... (Sat, 04 Oct 2008 09:10:57 GMT)
Dubai Real Estate Institute to showcase 2009 academic plan at Cityscape Dubai 2008
The Dubai Real Estate Institute (DREI), the first specialised real estate academic institution in the region, today announced it will introduce its educational plan for 2009 at Cityscape Dubai 2008, the region's premier property investment and development event. (Sat, 04 Oct 2008 13:12:39 GMT)
Commercial Real Estate Faces `Reckoning,' Green Street Says
Oct. 3 (Bloomberg) -- U.S. commercial real estate owners will face rising delinquencies and defaults resulting from the lending bubble of 2005 to 2007 and the turmoil could last longer than the housing slump, Green Street Advisors Inc. (Sat, 04 Oct 2008 13:33:35 GMT)
DJ DGAP-Adhoc: Hypo Real Estate Holding AG:Rescue package currently withdrawn
Hypo Real Estate Holding AG / Liquidity Problem 04.10.2008 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. (Sat, 04 Oct 2008 18:29:51 GMT)
Hypo Real Estate Says Banks Withdrew Support for Rescue Package
Oct. 4 (Bloomberg) -- Hypo Real Estate Holding AG , the troubled German property lender, said private banks withdrew their support for a 35 billion-euro ($49 billion) rescue package. (Sat, 04 Oct 2008 19:18:35 GMT)
Hypo Real Estate Says Banks Withdrew Support for Rescue Package
Oct. 4 (Bloomberg) -- Hypo Real Estate Holding AG , the troubled German property lender, said private banks withdrew their support for a 35 billion-euro ($49 billion) rescue package. (Sat, 04 Oct 2008 19:28:23 GMT)
DIFC To Launch Multi-Billion Dirham Real Estate Fund
dubai –DIFC Investments, the investment arm of the Dubai International Financial Centre (DIFC), said on Saturday it is launching a multi-billion dirham real estate fund that will invest in Dubai and the UAE’s real estate sector. (Sat, 04 Oct 2008 20:17:27 GMT)
Hypo Real Estate Says Banks Withdrew Rescue Support (Update1)
Oct. 4 (Bloomberg) -- Hypo Real Estate Holding AG , the ailing German property lender, said a 35 billion-euro ($49 billion) government-backed bailout plan collapsed as commercial banks withdrew their support. (Sat, 04 Oct 2008 20:24:57 GMT)
Dallas Cowboys' Owens also collecting real estate
Throughout his NFL career, Cowboys receiver Terrell Owens has collected touchdown passes, including four this season. Now, he's also collecting Dallas real estate. (Sat, 04 Oct 2008 21:33:06 GMT)
Hypo Real Estate Rescue at Risk as Banks Withdraw Their Support
Oct. 5 (Bloomberg) -- Hypo Real Estate Holding AG, the ailing German property lender, said a 35 billion-euro ($49 billion) government-backed bailout plan collapsed as commercial banks withdrew their support. (Sat, 04 Oct 2008 22:18:27 GMT)
Hypo Real Estate Rescue at Risk as Banks Withdraw Their Support
Oct. 5 (Bloomberg) -- Hypo Real Estate Holding AG, the ailing German property lender, said a 35 billion-euro ($49 billion) government-backed bailout plan collapsed as commercial banks withdrew their support. (Sat, 04 Oct 2008 22:34:28 GMT)
Hypo Real Estate fights for life after rescue collapses
FRANKFURT — Property lender Hypo Real Estate fought for its life on Saturday after German banks and insurers pulled out of a state-led 35 billion euro ($48.5-billion) rescue program stitched together only days ago. (Sat, 04 Oct 2008 23:30:03 GMT)
Hypo Real Estate rescue plan collapses
A 35 billion euro package to rescue the German mortgage lender Hypo Real Estate has collapsed after a a consortium of German banks pulled out. The German government would have provided 27 billion euros towards the rescue plan that would have been the biggest in German history. (Sun, 05 Oct 2008 03:14:14 GMT)
DIFC Announces Launch of Fund targeting Investment in UAE's Real Estate Sector
Dubai: DIFC Investments DIFC Investments , the investment arm of the Dubai International Financial Centre (DIFC), announced today it is launching, through its real estate arm, a real estate fund that will invest in Dubai and the UAE's real estate sector. (Sun, 05 Oct 2008 03:55:39 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, 05 Oct 2008 04:26:56 GMT)
Flory: Credit crunch could squeeze commercial real estate
Toxic home loans may be hogging the spotlight, but commercial real estate has a big stake in efforts to stanch the country’s economic bleeding. (Sun, 05 Oct 2008 04:27:40 GMT)
DIFC announces launch of fund targeting investment in uae's real estate sector
DIFC Investments, the investment arm of the Dubai International Financial Centre (DIFC), announced today it is launching, through its real estate arm, a real estate fund that will invest in Dubai and the UAE's real estate sector. (Sun, 05 Oct 2008 06:43:21 GMT)
Cityscape Dubai the world's largest business-to-business real estate investment and development event opens tomorrow
Equity-rich Middle East property developers see increasing real estate opportunities in spite of uncertainty in the global markets, say the organisers of Cityscape Dubai 2008 which opens tomorrow at the Dubai International Convention and Exhibition Centre. (Sun, 05 Oct 2008 06:43:31 GMT)
Hypo Real Estate rescue plan collapses
A 35 billion euro package to rescue the German mortgage lender Hypo Real Estate has collapsed after a consortium of German banks pulled out. The German government was to provide 27 billion euros towards the rescue plan that would have been the biggest in German history. (Sun, 05 Oct 2008 07:10:38 GMT)
Dubai International Financial Centre to Buy Dubai Real Estate
Oct. 5 (Bloomberg) -- DIFC Investments, a unit of Dubai International Financial Centre that owns stakes in firms including Deutsche Bank AG, said it will start a fund to invest in real estate in Dubai and the United Arab Emirates. (Sun, 05 Oct 2008 07:40:01 GMT)
Hypo Real Estate's €35 bln bailout collapses after banks backed out from lending
(RTTNews) - Hypo Real Estate Group (HREHY.PK, HREHF.PK), a German-based property lender, said that a €35 billion government-backed rescue plan had fallen apart after private lenders withdrew support. (Sun, 05 Oct 2008 08:13:01 GMT)
Hypo Real Estate's €35 bln bailout collapses after banks backed out from lending
(RTTNews) - Hypo Real Estate Group (HREHY.PK, HREHF.PK), a German-based property lender, said that a €35 billion government-backed rescue plan had fallen apart after private lenders withdrew support. (Sun, 05 Oct 2008 08:13:01 GMT)
Tamdeen Real Estate Company wins highly prestigious property awards from CNBC
Kuwait based Tamdeen Real Estate Company, a leading Kuwaiti real estate company was awarded today the coveted Best Architecture and Best Development Awards for Madinat Al Fahaheel, and the Best High-Rise Development Award for Al Manshar Rotana Hotel, from the CNBC Arabian Property Awards. (Sun, 05 Oct 2008 09:12:26 GMT)
E-Real Estate presents expands portfolio of advanced services with green technologies at CityScape Dubai 2008
e-Real Estate today announced that it is to participate in CityScape Dubai 2008, from 6th - 9th October 2008, presenting its services for real estate developers and in particular, specialists in the rationalization of energy usage and environmental conservation. (Sun, 05 Oct 2008 09:27:49 GMT)
Bronze statue stolen from SoCal real estate firm
A bronze statue worth about $35,000 was stolen from a real estate firm here that had another statue taken in June. Read comments (Sun, 05 Oct 2008 10:03:51 GMT)
German Government Leads Talks for Hypo Real Estate Bailout
Oct. 5 (Bloomberg) -- The German government led talks to salvage a 35 billion-euro ($49 billion) bailout plan for Hypo Real Estate Holding AG today after the ailing property lender said commercial banks withdrew their support. (Sun, 05 Oct 2008 12:25:43 GMT)
The Realities of Real Estate: Each situation unique when buying or selling
Ask just about any real estate agent if it's a good time to buy or sell, and regardless of current market conditions, they'll tell you it's a great time. (Sun, 05 Oct 2008 15:14:31 GMT)
German Government Leads Hypo Real Estate Rescue Talks (Update1)
Oct. 5 (Bloomberg) -- The German government led talks to salvage a 35 billion-euro ($49 billion) bailout plan for Hypo Real Estate Holding AG today after the ailing property lender said commercial banks withdrew their support. (Sun, 05 Oct 2008 15:25:17 GMT)
German Government Leads Hypo Real Estate Rescue Talks (Update1)
Oct. 5 (Bloomberg) -- The German government led talks to salvage a 35 billion-euro ($49 billion) bailout plan for Hypo Real Estate Holding AG today after the ailing property lender said commercial banks withdrew their support. (Sun, 05 Oct 2008 15:33:24 GMT)
German Government Leads Hypo Real Estate Rescue Talks (Update2)
Oct. 5 (Bloomberg) -- The German government led talks to salvage a 35 billion-euro ($49 billion) bailout plan for Hypo Real Estate Holding AG after the ailing property lender said commercial banks withdrew their support late yesterday. (Sun, 05 Oct 2008 19:06:32 GMT)
German Government Leads Hypo Real Estate Rescue Talks (Update2)
Oct. 5 (Bloomberg) -- The German government led talks to salvage a 35 billion-euro ($49 billion) bailout plan for Hypo Real Estate Holding AG after the ailing property lender said commercial banks withdrew their support late yesterday. (Sun, 05 Oct 2008 19:07:04 GMT)
German Government Leads Hypo Real Estate Rescue Talks (Update2)
Oct. 5 (Bloomberg) -- The German government led talks to salvage a 35 billion-euro ($49 billion) bailout plan for Hypo Real Estate Holding AG after the ailing property lender said commercial banks withdrew their support late yesterday. (Sun, 05 Oct 2008 19:07:45 GMT)
$35K Statue Stolen From SoCal Real Estate Firm
A bronze statue worth about $35,000 is stolen from a real estate firm that had another statue taken in June. (Sun, 05 Oct 2008 19:59:41 GMT)
German government leads talks for Hypo Real Estate bailout
The German government led talks to salvage a ¤35 billion ($49 billion) bailout plan for Hypo Real Estate Holding AG today after the ailing property lender said commercial banks withdrew their support. (Sun, 05 Oct 2008 20:02:45 GMT)
German officials in talks to save Hypo Real Estate: report
NEW YORK (MarketWatch) -- The German government was in emergency talks Sunday to save Hypo Real Estate after the troubled property lender said yesterday that a consortium of private banks had withdrawn a $49-billion rescue package, according to media reports. (Sun, 05 Oct 2008 20:12:47 GMT)
German govt, banks agree on Hypo Real Estate rescue
The German government and banks on Sunday agreed a new rescue package for Hypo Real Estate that addresses additional liquidity needs that surfaced at the troubled German lender in recent days, the Finance Ministry said. (Sun, 05 Oct 2008 21:26:29 GMT)
Hypo Real Estate Gets 50 Billion-Euro Government-Led Bailout
Oct. 5 (Bloomberg) -- The German government and the country's banks and insurers agreed on a 50 billion euro ($68 billion) rescue package for commercial property lender Hypo Real Estate Holding AG after an earlier bailout faltered. (Sun, 05 Oct 2008 21:58:13 GMT)
Hypo Real Estate Gets 50 Billion-Euro Government-Led Bailout
Oct. 5 (Bloomberg) -- The German government and the country's banks and insurers agreed on a 50 billion euro ($68 billion) rescue package for commercial property lender Hypo Real Estate Holding AG after an earlier bailout faltered. (Sun, 05 Oct 2008 22:03:04 GMT)
Japan Stocks Fall on Hypo Real Estate Bailout, U.S. Job Losses
Oct. 6 (Bloomberg) -- Japan's stocks fell as the biggest U.S. loss of jobs in five years and a bailout of Hypo Real Estate Holding AG fueled concern that a $700 billion bank rescue plan will fail to stem the global credit crisis. (Mon, 06 Oct 2008 00:48:06 GMT)
German government, banks agree to $69B bailout for Hypo Real Estate
Germany on Sunday guaranteed all private bank accounts and negotiated a 50 billion euro ($69 billion) bailout deal for Hypo Real Estate AG as Europe's second largest economy sought to ward off financial crisis. (Mon, 06 Oct 2008 01:22:49 GMT)
Hypo Real Estate Group receives deal on credit lines - Quick Facts
(RTTNews) - Hypo Real Estate Holding AG announced that it has welcomed the deal between German Government and banks regarding credit lines for Hypo Real Estate Group (HREHF.PK, HREHY.PK). (Mon, 06 Oct 2008 02:42:17 GMT)
Germany's Hypo Real Estate to receive 50 bln. Euro bail-out package - Update
(RTTNews) - Hammering out a new deal, troubled German commercial property lender Hypo Real Estate Group (HREHF.PK, HREHY.PK) late Sunday announced that the German government and leading private banks have agreed to offer it a 50 billion euro credit line as a bail-out package. (Mon, 06 Oct 2008 04:11:51 GMT)
Real estate firm falls to earth
Heaven Investments Holding Corp., a Sacramento company that promised its investors strong returns with fractional investments into real estate, is seeking bankruptcy court protection while it reorganizes. (Mon, 06 Oct 2008 04:16:14 GMT)
Real estate firm changes moniker, but not its focus
One of the oldest names in the local real estate game is no more. (Mon, 06 Oct 2008 07:10:47 GMT)
Hypo Real Estate rescued as Germany issues guarantee
The German government, together with a number of banks and insurers, agreed a last-minute rescue of Hypo Real Estate, one of its largest lenders. (Mon, 06 Oct 2008 07:58:00 GMT)
German Stocks Fall to Lowest Since 2006; Hypo Real Estate Drops
Oct. 6 (Bloomberg) -- German stocks fell the most in eight months, sending the DAX Index to the lowest since July 2006, as the deepening credit crunch forced the country's financial industry to double a credit line for Hypo Real Estate Holding AG and the government to guarantee personal savings accounts. (Mon, 06 Oct 2008 10:18:36 GMT)
Hypo Real Estate Slides as Analysts Say Bailout Won't Be Enough
Oct. 6 (Bloomberg) -- Hypo Real Estate Holding AG slumped as much as 54 percent in German trading as analysts said the 50 billion-euro ($68 billion) government-led bailout agreed at the weekend will fail to salvage the commercial property lender. (Mon, 06 Oct 2008 10:28:45 GMT)
Hypo Real Estate Slides as Analysts Say Bailout Won't Be Enough
Oct. 6 (Bloomberg) -- Hypo Real Estate Holding AG slumped as much as 54 percent in German trading as analysts said the 50 billion-euro ($68 billion) government-led bailout agreed at the weekend will fail to salvage the commercial property lender. (Mon, 06 Oct 2008 10:34:44 GMT)
Hypo Real Estate tripped by funding strategy in Depfa unit
Hypo Real Estate, the troubled commercial property lender rescued by the German government Sunday, pays a hefty price for a risky funding strategy in Depfa, its public finance unit. (Mon, 06 Oct 2008 12:13:37 GMT)
Real estate loans spur Irish recession
DUBLIN, Ireland, Oct. 6 (UPI) -- A move by the Irish government to guarantee all $550 billion of the country's bank deposits is a consequence of reckless real estate lending, analysts say. (Mon, 06 Oct 2008 13:20:44 GMT)
German Stocks Fall to Lowest Since 2006; Hypo Real Estate Drops
Oct. 6 (Bloomberg) -- German stocks fell the most in eight months, sending the DAX Index to the lowest since July 2006, as the deepening credit crunch forced the country's financial industry to double a credit line for Hypo Real Estate Holding AG and the government to guarantee personal savings accounts. (Mon, 06 Oct 2008 14:10:03 GMT)
Analysts cautious commercial real estate outlook
-- A prolonged downturn in commercial real estate appears more likely due to the national credit crunch and higher funding costs and equity requirements for real estate investment trusts, Goldman Sachs analysts said Monday. (Mon, 06 Oct 2008 14:55:40 GMT)
German Stocks Fall Most Since January; Hypo Real Estate Slumps
Oct. 6 (Bloomberg) -- German stocks fell the most in eight months, sending the DAX Index to the lowest since June 2006, as the yearlong debt-market seizure forced the country's financial industry to double a credit line for Hypo Real Estate Holding AG and the government to guarantee personal savings accounts. (Mon, 06 Oct 2008 16:23:28 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, 06 Oct 2008 19:57:29 GMT)
Bank exposure to real estate sector climbs by 5.2% in June
MANILA, Philippines - Bank's exposure to the real estate sector in the form of loans and investments continued to grow as of June, indicating the property market remained upbeat despite the gloomy economic conditions. (Mon, 06 Oct 2008 20:17:07 GMT)
Real estate mogul bailed out of big house after drug bust
A Manhattan real estate mogul was sprung from a Westchester County jail yesterday after being busted with pills and cocaine. Five lawyers flanked Eric Hadar, 43, of Mount Kisco, as he appeared in Westchester County Court. (Tue, 07 Oct 2008 03:00:11 GMT)
Real estate people
Charlie Browning, who has worked in the real-estate business for 35 years -- as an agent, broker and auctioneer -- recently joined Keller Williams Realty of Greater Manatee. (Tue, 07 Oct 2008 03:19:02 GMT)
Real estate agents give mixed report
Mary Davenport, a real estate agent in Kitty Hawk, said Monday a falling stock market has brought a wave of second-home clients to her business. In the last 30 days, the Re/Max Realtor said between sessions at the N.C. Association of Realtors convention in Charlotte, she's closed two sales, put three homes under contract and listed five new ones. The reason: Clients discouraged with the stock ... (Tue, 07 Oct 2008 04:06:11 GMT)
Berlin, private banks bail out Hypo Real Estate
The German government has reached a revised plan to bail out one of the nation's biggest mortgage lenders, Hypo Real Estate. Commercial banks and insurers are to inject a further 15 billion euros in liquidity on top of an initial pledge of 35 billion euros. (Tue, 07 Oct 2008 04:26:08 GMT)
Real estate markets of the Middle East will outperform all other regions
The real estate markets of the Middle East will outperform all other regions, according to findings from the Investor Sentiment Survey, an in depth study of real estate professionals market views conducted by Jones Lang LaSalle in association with Cityscape Dubai, the world's largest real estate conference and exhibition. (Tue, 07 Oct 2008 08:42:29 GMT)
Real estate mogul released on bail on drug charges
YONKERS - Multimillionaire real estate businessman Eric Hadar was freed on $50,000 bail yesterday after spending four days in jail on charges that police found cocaine, Xanax and Oxycontin in his car when he was pulled over on a county parkway. (Tue, 07 Oct 2008 08:54:17 GMT)
Al Qudra Real Estate experiences unprecedented success after sales launch of Ain Al Fayda
Al Qudra Real Estate (AQRE), a leading Abu Dhabi-based real estate company in the UAE, experienced unprecedented success after the sales launch of the Ain Al Fayda project during the first day at Cityscape Dubai 2008. (Tue, 07 Oct 2008 09:27:29 GMT)
'Sustainability is best insurance for region's real estate sector,' says Hyder Consulting
The real estate industry in the Middle East is progressively pursuing sustainability and this will lead to substantial benefits in terms of cost, value and quality of real estate, according to Stephen Oehme, Regional Director - Value Management & Sustainability of Hyder Consulting Middle East, the award winning international advisory and design consultancy. (Tue, 07 Oct 2008 09:42:39 GMT)
VND115tril in real estate loans disbursed
VietNamNet Bridge – The outstanding real estate loans of the whole banking system had reached VND115,500bil ($975mil) by September 2008, accounting for 9.15% of total outstanding loans, according to the State Bank of Vietnam. (Tue, 07 Oct 2008 10:05:11 GMT)
Dar Al Dhabi Real Estate announces the unveiling of the 1st phase of The Wings
Soaring 300 metres, The Wings are positioned to redefine the Abu Dhabi skyline. Dar Al-Dhabi Real Estate unveiled the first phase of the stunning residential and commercial development at Cityscape Dubai 2008. (Tue, 07 Oct 2008 10:57:24 GMT)
Rakaa Properties discusses real estate matters in preparation for projects' launch
Rakaa Properties, the real estate arm of Saudi Rakaa Holdings, has astounded visitors during its participation in Cityscape Dubai 2008. (Tue, 07 Oct 2008 11:58:16 GMT)
International Real Estate Investment and Development Conference open at Cityscape Dubai
Mr. Kamel Lazaar, Chairman and CEO of Swicorp, the Saudi Arabian Financial Advisory, Private Equity and Principal Investment firm, and Chairman of the International Real Estate Investment and Development Conference at Cityscape Dubai, opened the long awaited conference this morning addressing the positive trends the region continues to experience, despite the global downturn and urging people to ... (Tue, 07 Oct 2008 12:12:19 GMT)
Boss of German bank Hypo Real Estate resigns: statement
The head of the troubled German mortgage lender Hypo Real Estate, Georg Funke, has resigned, the fourth biggest German bank said in a statement. — AFP (Tue, 07 Oct 2008 12:26:40 GMT)
CEO of embattled Hypo Real Estate to step down
The embattled German lender Hypo Real Estate AG announced Tuesday that its chief executive, Georg Funke, was stepping down, following intense pressure from Chancellor Angela Merkel's government. (Tue, 07 Oct 2008 13:17:37 GMT)
Hypo Real Estate quits following 50-billion-euro gov't bailout
Germany - Economy - Resignation The embattled head of German mortgage lender Hypo Real Estate (HRE), Georg Funke resigned from his post in the aftermath of a government-led 50-billion-euro bailout, an official said Tuesday. (Tue, 07 Oct 2008 13:44:14 GMT)
Hypo Real Estate Chief Executive Funke Steps Down (Update1)
Oct. 7 (Bloomberg) -- Hypo Real Estate Holding AG , the commercial property lender that needed a 50 billion-euro ($68 billion) bailout, said Chief Executive Officer Georg Funke will step down. (Tue, 07 Oct 2008 14:35:08 GMT)
Lehman Investigation To Cover Commercial Real Estate Investing
The investigations of at least three U.S. Attorneys into whether Lehman Brothers misled investors before its fall could include parsing the former investment bank's vast commercial real estate investing operation. From the Wall Street Journal this morning : The U.S. attorney's office for New York's Southern District, in Manhattan, is investigating whether Lehman valued its assets at ... (Tue, 07 Oct 2008 15:33:00 GMT)
Personal Property & Real Estate Tax Deadine Is Oct. 10
Arkansans have until October 10th to pay their personal property and real estate taxes. Online services are now available to residents of 26 Arkansas counties. (Tue, 07 Oct 2008 17:06:59 GMT)
Police interviews admissible in trial of real estate agent's alleged killer
JEFFERSON -- An Illinois suspect's statements to police will be admissible in court when he is tried next month on charges of killing a Cambridge real estate agent. The ruling by a Jefferson County judge Tuesday means prosecutors can use at least three police interviews with the 35-year-old defendant, James Hole of Brookfield, Ill. He's accused of killing 71-year-old Ann Nelson when she showed ... (Tue, 07 Oct 2008 17:41:02 GMT)
DJ DGAP-Adhoc: Hypo Real Estate Holding AG: Supervisory Board appoints new Members to the Management Board of Hypo ...
» DJ DGAP-Adhoc: Hypo Real Estate Holding AG: Supervisory Board appoints new Members to the Management Board of Hypo Real Estate Holding AG, Dr. Axel Wieandt appointed Chief Executive Officer. (Tue, 07 Oct 2008 18:01:52 GMT)
U.S. Stocks Drop, Led by Banks, Real-Estate Investment Trusts
Oct. 7 (Bloomberg) -- U.S. stocks fell for a fifth day, the longest losing streak since January, after Bank of America Corp. slashed its dividend to shore up capital and concern grew that real-estate companies will default on debt. (Tue, 07 Oct 2008 18:43:00 GMT)
Real estate agent tied up, robbed
GREENSBORO — A real estate agent was robbed and tied up by two men this past weekend. The Guilford County Sheriff's Office said a man entered the Allen Tate real estate office at 954 Golf House Road West in eastern Guilford County at 11:30 a.m. Saturday. The man inquired about homes in the Stoney Creek area, then became loud and tried to grab the agent by the arm. The man pulled out a gun, ... (Tue, 07 Oct 2008 18:45:30 GMT)
U.S. Stocks Drop, Led by Banks, Real-Estate Investment Trusts
Oct. 7 (Bloomberg) -- U.S. stocks fell for a fifth day, the longest losing streak since January, after Bank of America Corp. slashed its dividend to shore up capital and concern grew that real-estate companies will default on debt. (Tue, 07 Oct 2008 18:49:30 GMT)
Real estate mogul released on bail on drug charges
YONKERS - Multimillionaire real estate businessman Eric Hadar was freed on $50,000 bail yesterday after spending four days in jail on charges that police found cocaine, Xanax and Oxycontin in his car when he was pulled over on a county parkway. (Tue, 07 Oct 2008 20:20:59 GMT)
CEO of embattled Hypo Real Estate to step down
The embattled German lender Hypo Real Estate AG announced Tuesday that its chief executive, Georg Funke, was stepping down, following intense pressure from Chancellor Angela Merkel's government. (Tue, 07 Oct 2008 20:34:42 GMT)
ING Clarion Global Real Estate Income Fund and ING Clarion Real Estate Income Fund Announce Intended Redemption for ...
The Board of Trustees of ING Clarion Global Real Estate Income Fund (NYSE:IGR) and ING Clarion Real (Tue, 07 Oct 2008 21:21:34 GMT)
Real estate company to hold ribbon-cutting in Palm Springs
Tahiti Partners Real Estate and Oceo-East will have a ribbon-cutting and sculpture dedication at 5 p.m. Thursday at 1700 S. Camino Real. The event is hosted by the Palm Springs Chamber of Commerce. (Tue, 07 Oct 2008 22:17:53 GMT)
Study gives high rating to real estate
DOHA • Qatar has been rated as the next emerging real estate market in the GCC, according to a study by financial and professional services firm Jones Lang LaSalle (JLL) in association with Cityscape Dubai. (Wed, 08 Oct 2008 00:52:51 GMT)
Hypo Real Estate changes its CEO
Axel Wieandt Tuesday replaced Georg Funke to became the CEO of Hypo Real Estate (HRE) that has recently received huge fund from the German government's bailout plan. HRE confirmed Axel Wieandt as its new chief executive officer after a supervisory board meeting on Tuesday evening. Earlier that day its former CEO Georg Funke resigned for the sake of 50 billion-euro (68 billion U.S. dollars) ... (Wed, 08 Oct 2008 02:26:21 GMT)
Area real estate transactions
Published: Sunday, August 17, 2008 at 3:15 a.m. Last Modified: Friday, August 15, 2008 at 8:50 p.m. The following real estate transactions occurred in Spartanburg County from July 16-28, 2008. (Wed, 08 Oct 2008 04:27:23 GMT)
Indiabulls Real Estate Q2 Consolidated Net Dips
(RTTNews) - Indiabulls Real Estate announced that consolidated net profit after minority interest for the second quarter ended September 30, 2008 dipped to Rs.7.99 crore from Rs.34.15 crore in the corresponding quarter of last year. (Wed, 08 Oct 2008 05:27:22 GMT)
Indiabulls Real Estate Q2 Consolidated Net Profit Drops Despite Higher Revenues
(RTTNews) - Indiabulls Real Estate Ltd., one of the largest listed real estate companies in India, reported a dip in its consolidated net profit for the second-quarter ended September 30, 2008, despite an increase in revenue. (Wed, 08 Oct 2008 06:41:37 GMT)
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