Real Estate News Jan 2009

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2 big real estate firms merge
(By Doug Smith, dougsmith@charlotteobserver.com) Two of the enduring names in Charlotte residential real estate are combining in a 150-agent firm that will have offices in SouthPark and Eastover. Cottingham-Chalk & Associates, started in 1983, and Bissell-Hayes Realtors, founded in 1971, will now operate as Cottingham-Chalk/Bissell-Hayes with three principals: John Chalk, Dan Cottingham ... (Thu, 08 Jan 2009 21:18:03 GMT)

Real Estate Executive Harold A. Ellis Jr., 77, Dies
Harold 'Hal' A. Ellis Jr., a founder of real estate services firm Grubb & Ellis Co. and one of the best known figures in U.S. real estate, died Monday of metastatic melanoma cancer at his home in Piedmont, Calif. (Thu, 08 Jan 2009 23:51:04 GMT)

Sarasota Real Estate: How Brokers Can Lend You A Hand In Home Acquisition
Finding and acquiring a home in Sarasota real estate can be a problem if you’re new to the city. Aside from the fact that Sarasota is not a single landmass to find you a sound home without having to cross over to other isles that makes up Sarasota. (Fri, 09 Jan 2009 02:03:01 GMT)

Shenzhen may lead real estate revival in mainland
Shenzhen real estate sales are expected to see the fastest rebound among mainland cities this year, with flat prices expected to rise 3 to 5 percent. This comes after 2008 saw a 37 percent drop in Shenzhen flat purchases by Hongkongers, according to Landpower International Holdings. The city has been the most popular in recent years for Hongkongers looking to invest in mainland properties. In ... (Fri, 09 Jan 2009 02:35:54 GMT)

Florida Real Estate -- Is 2009 A Good Year For An Investment?
Homebuyers might want to take advantage of speculating with the Florida real estate market before purchasing a residential property in the region. (Fri, 09 Jan 2009 03:48:02 GMT)

Real Estate Commissioner Sam Wercinski resigns
Arizona Real Estate Commissioner Sam Wercinski announced his resignation Thursday in a written statement. (Fri, 09 Jan 2009 03:59:45 GMT)

Bitterroot real estate market suffering
Craig Siphers had a notion that the run on real estate in the Bitterroot Valley might be slowing during the summer of 2006. But the longtime local real estate agent with Hamilton’s Exit Realty couldn’t have predicted then just how far it would fall. (Fri, 09 Jan 2009 04:19:25 GMT)

Office real estate market stagnates in Salt Lake County
Salt Lake County's office real estate market in 2008 went from being one of the best in the nation to one that stagnated, according to a report released Thursday. (Fri, 09 Jan 2009 07:15:10 GMT)

Wercinski quitting real estate post
Sam Wercinski had been state real estate commissioner since January 2007. (Fri, 09 Jan 2009 07:20:34 GMT)

Learn more about real estate in classes at MJC
Three hands-on classes at Modesto Junior College will teach people how to buy, sell and invest in real estate. The courses start next week and teach real estate practices, principles and finance. (Fri, 09 Jan 2009 08:03:19 GMT)

Citi Cuts Europe Real Estate Plays On Cash Flow Fears
Citi Cuts Europe Real Estate Plays On Cash Flow Fears (Fri, 09 Jan 2009 08:27:46 GMT)

MOC suggests solutions to rescue real estate market
VietNamNet Bridge – The Ministry of Construction (MOC) thinks that the Government should allow real estate developers to mobilize capital from the public before the completion of the construction of building foundations, believing that this is the important measure to help rescue the real estate market. (Fri, 09 Jan 2009 10:19:39 GMT)

The Business of Florida Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online
MIAMI- Tere Blanca , senior managing director of Cushman & Wakefield’s local office, will leave the commercial real estate services firm at the end of February. (Fri, 09 Jan 2009 11:31:47 GMT)

Real estate dips
Local home sales have dropped for the first time in a decade. But the president of the Sarnia- Lambton Real Estate Board is confident the [...] (Fri, 09 Jan 2009 12:03:26 GMT)

Prospective buyers sue Stowe over real estate deals
STOWE -- A growing number of people who thought they would spend this winter in slopeside accommodations at Stowe Mountain Lodge are suing the resort for not closing on their real estate deals. ... - By THATCHER MOATS Times Argus Staff (Fri, 09 Jan 2009 12:41:16 GMT)

Tips on How to Efficiently Sell Your Tampa Real Estate Home
There are things that you have to make sure in selling your Tampa real estate home 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. (Fri, 09 Jan 2009 13:18:02 GMT)

Guidelines in Doing Miami Real Estate Investing
If you ask a certain person, what is Miami real estate investing, he or she can say that it is buying and selling a property. Usually, they buy a property with low amount and sell it at a high amount. (Fri, 09 Jan 2009 13:33:23 GMT)

U.S. TARP bill to help auto dealers, real estate
Legislation to add stricter conditions to the U.S. Treasury Department's $700 billion (461.7 billion pound) financial services bailout programme will also include help for municipalities, commercial real estate and auto dealers, a senior House Democrat said on Friday. (Fri, 09 Jan 2009 15:51:00 GMT)

Health-Care Exec, Real Estate Exec Named To CSU Board
Gov. Bill Ritter has reappointed an Alamosa health-care executive to the Colorado State University Board of Governors and named one new member, a Fort Collins real estate executive. (Fri, 09 Jan 2009 16:59:29 GMT)

Feds' poor real estate planning could cost millions: consultant
The federal government will spend millions more taxpayer dollars to move thousands of employees out of aging buildings and into new ones than if the move had been planned better, says a local real estate consultant. (Fri, 09 Jan 2009 18:57:36 GMT)

Real estate dips
Local home sales have dropped for the first time in a decade. But the president of the Sarnia- Lambton Real Estate Board is confident the [...] (Fri, 09 Jan 2009 19:03:47 GMT)

Confidence low for '09 real estate rebound
A majority of Daily Journal readers said they don’t expect the Lowcountry’s real estate market to make a comeback in 2009. But comments showed that sentiment could change — up or down — depending on what happens early in the year. (Fri, 09 Jan 2009 19:21:58 GMT)

Coral Springs Real Estate: Market Trends For 2009
The recession that hit the United States has scared most of the real estate investors into hiding. The market is declining and not much can actually be done to rectify the situation. (Fri, 09 Jan 2009 20:03:02 GMT)

Advance helps support community through donation of commercial real estate space
BEDMINSTER -- Advance Realty, owner and developer of Class A office properties and mixed-use developments, announced that its holiday donations of commercial real estate space helped several organizations collect more than 18,000 pounds of care package items for American soldiers... (Fri, 09 Jan 2009 22:08:26 GMT)

Real Estate Close-Up: Miami
Despite record foreclosures, despite double-digit home price declines, and despite scary job losses, Miami's commercial real estate market has rolled with the punches _ until now. "We're in a better place than where people thought we would be because of the... (Fri, 09 Jan 2009 22:36:17 GMT)

Real Estate Close-Up: Miami
Despite record foreclosures, despite double-digit home price declines, and despite scary job losses, Miami's commercial real estate market has rolled with the punches — until now. (Fri, 09 Jan 2009 22:49:47 GMT)

Can Real Estate Stabilize Your Portfolio?
Real estate can provide diversification and a hedge against inflation. Find out why it works. (Fri, 09 Jan 2009 23:50:11 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 author Elizabeth Razzi. (Sat, 10 Jan 2009 00:31:49 GMT)

Former Henderson real estate broker sentenced
A former real estate broker who admitted that he avoided paying his federal income taxes for five years and impersonated an IRS agent was sentenced Friday to one year and one day in federal prison. (Sat, 10 Jan 2009 01:14:29 GMT)

Real estate community mourns loss of Steve Sllop
Steve Sloop, an Irmo stalwart whom friends called “a tribute to the real estate business,” was buried Friday. His funeral at First Baptist Church in Columbia drew more than 400 people and prompted Coldwell Banker United, Realtors, to cancel a regional managers meeting in Charlotte planned for the same day. “This business can get sometimes bitter and petty,” said Whit Suber, a Columbia real ... (Sat, 10 Jan 2009 05:16:19 GMT)

Business in the Burbs: A real loser last year in real estate
Real estate companies in the Lower Hudson Valley followed the national trend in recording sharp stock price declines last year and struggling to navigate a slowing economy, rising vacancies and a credit crisis. (Sat, 10 Jan 2009 07:47:45 GMT)

Miami Beach Real Estate Attorney Announces Specialized Legal and Realty Services for Clients Buying Bank-Owned Luxury ...
Luxury Miami Beach Condo Buyers from Canada, United States, and Europe seek out the professional and confidential services of Board Certified Miami Real Estate Attorney and Licensed Realtor Christian N. Folland, Esq. The huge increase in REO, or foreclosed bank-owned, Miami Beach condos, Miami Beach real estate and hot South Beach condos, has second home buyers and investors looking for great ... (Sat, 10 Jan 2009 08:17:50 GMT)

New name, agents for real estate firm
A family-owned commercial real estate brokerage has a new name, a new address and new agents. Crunkleton & Associates - formerly Ahearn & Crunkleton - recently moved to 201 Williams Ave. and added agent associates Mike Ellis and Joe Jefferson. (Sat, 10 Jan 2009 10:17:19 GMT)

Bad new in real estate, but there's hope in 2009
PORTSMOUTH and#8212; Last year was bad for real estate in New Hampshire, but the state's relatively low unemployment rate may be reason for optimism in 2009. (Sat, 10 Jan 2009 11:13:07 GMT)

Seacoast real estate news briefs
Better Homes and Gardens Real Estate The Masiello Group entered an affiliation with the Cartus Relocation and Broker to Broker Network. Cartus is the largest referral and relocation network in the United States, controlling up to 70 percent of all... (Sat, 10 Jan 2009 11:13:17 GMT)

QNB Al Islami special sponsor of Sudan Real Estate and Agriculture Investment Horizons Exhibition
QNB Al Islami, the Islamic branch of Qatar National Bank (QNB), announced its sponsorship of the upcoming Sudan Real Estate and Agriculture Investment Horizons Exhibition which will be inaugurated by the Vice President of Sudan, Dr. Mustafa Othman Ismail, from 11 to 13 January 2009 at the Sheraton Doha Hotel. (Sat, 10 Jan 2009 12:58:47 GMT)

Evergreen Real Estate Company announces national sponsorship with ‘This Old House’
BLUFFTON — ERA Evergreen Real Estate Company in Bluffton has announced that it is part of a yearlong national sponsorship campaign with “do-it-yourself,” home improvement icon, Ask This Old House. (Sat, 10 Jan 2009 14:12:01 GMT)

Bank to sponsor real estate show
QNB Al Islami, the Islamic branch of Qatar National Bank (QNB), has announced its sponsorship of the upcoming Sudan Real Estate and Agriculture Investment Horizons Exhibition which will start today and will continue until January 13 at the Doha Sheraton hotel. (Sat, 10 Jan 2009 21:44:34 GMT)

Real estate transactions
Real estate transactions in Pottawatomie County Dec. 1 through Jan. 5: David A. and Lisa Duszynski to Joseph and Lori Ann Florence, legal description: sec. 11, tswp. 6N, range 3E. $68,000. Wachovia Bank National Trust and Long Beach Mortgage Loan Trust to Denese Faye Demetry Family Living Trust, legal description: sec. 35, twsp. 11N, range 4E. $17,500. Margaret L. Thompson to Silverio ... (Sun, 11 Jan 2009 01:35:24 GMT)

Tecumseh real estate group joins home improvements sponsorship
ERA Branson-McKiddy Real Estate in Tecumseh has announced it is part of a yearlong national sponsorship with “do-it-yourself” home improvements icon “Ask This Old House.” The sponsorship gives the real estate agency the ability to provide their consumers with information to guide them through all stages of home ownership, from buying and maintaining to selling. (Sun, 11 Jan 2009 01:35:45 GMT)

2009 could prove to be an endurance race for commercial real estate
Those in the business of commercial real estate are buckled up for an endurance ride in 2009 while insisting signs of better times could appear by year's end. (Sun, 11 Jan 2009 03:48:40 GMT)

REAL ESTATE TRANSACTIONS
The following real estate transactions were filed at the Onondaga County clerk's office. 222 Englewood Ave. $47,000 Dominick and Shirley A. Danna to Jessica M. Miller on Dec. 30. (Sun, 11 Jan 2009 05:12:27 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. (Sun, 11 Jan 2009 05:29:39 GMT)

Real Estate Professionals to meet
The Real Estate Professionals will hold its first meeting of the year at 11:30 a.m. Friday at the Muskogee Public Library, second floor. Attorney Ron Wright is the guest and he will speak on trust. (Sun, 11 Jan 2009 07:03:11 GMT)

Real Estate by Josh Brodesky: Future of big-box stores may be iffy
Editor's Note: Starting today, the weekly real estate column will run on Sundays. Find a weekly listing of commercial sales and leases on Tuesdays in Business. (Sun, 11 Jan 2009 07:17:40 GMT)

Weichert, Realtors®- Ruffino Real Estate team meets ‘the original’
Milford — Members of Weichert, Realtors® Ruffino Real Estate recently traveled from Milford to Morris Plains, N.J,, to tour the Weichert® campus. (Sun, 11 Jan 2009 07:37:25 GMT)

Real Estate calendar 1/11
Real estate classes for buyers, sellers and homeowners. (Sun, 11 Jan 2009 08:07:53 GMT)

Pessimism hard to find from Rochester commercial real estate brokers
An influx of new investment from New York City and national consolidations could blend to make 2009 a better year for Rochester's commercial real estate business. (Sun, 11 Jan 2009 08:19:02 GMT)

Reef Real Estate begins the year on a buoyant note
An impressive ground-breaking ceremony marked the start of Reef Real Estate Investment's two fabulous projects. (Sun, 11 Jan 2009 09:58:47 GMT)

Al Futtaim Group Real Estate appoints new senior general manager in Egypt
Al Futtaim Group Real Estate (AFGRE) is pleased to announce the appointment of Cairo Festival City's new Senior General Manager Mohamed El Mikawi, who started earlier this month. (Sun, 11 Jan 2009 11:58:47 GMT)

Real Estate:
Now that 2008 is in the history books, we thought we'd take a look at how that year in real estate compared to years gone by. Generally, 2008 could best be characterized as a lousy year for real estate. But, for our local market, the news isn't all bad. (Sun, 11 Jan 2009 13:26:25 GMT)

2009 could prove to be an endurance race for commercial real estate
Those in the business of commercial real estate are buckled up for an endurance ride in 2009 while insisting signs of better times could appear by year's end. (Sun, 11 Jan 2009 17:03:41 GMT)

Israel Stocks: Tel Aviv shares move higher, led by Teva and real estate
Israeli stocks close sharply and broadly higher, helped by a double-digit increase in the benchmark real-estate index, as well as rises in the major banks, Teva Pharmaceutical and Israel Chemicals. (Sun, 11 Jan 2009 17:06:48 GMT)

Better Homes and Gardens Real Estate Unveils Division for Upper Tier Properties
NEW YORK -- Better Homes and Gardens Real Estate has launched Premier Selection, a division specifically designed to connect buyers, sellers and real estate sales professionals with properties in the upper-tier real estate market. (Sun, 11 Jan 2009 18:11:21 GMT)

Sarasota Real Estate - How To Check If The Home Fits Your Needs
Sarasota real estate offers thousands of homes for homebuyers to choose from when they plan to settle down in the area. (Sun, 11 Jan 2009 19:48:02 GMT)

Get A Home In Florida Real Estate At The Right Price
You don’t necessarily have to dish out millions of dollars for a quality home in Florida real estate. There are thousands of available residential units in the region that will surely fit perfectly with your home purchase budget. (Sun, 11 Jan 2009 19:48:14 GMT)

Kolkata real estate players project 40% growth by April
The real estate market in Kolkata is likely to pick up from April after bookings for residential properties went down by as much as 80% in some areas in the last couple of months owing to financial crisis coupled with hard interest rates and increase in real estate prices. (Sun, 11 Jan 2009 20:44:39 GMT)

Real estate market poised to stay strong
NOTWITHSTANDING the global economic slowdown, Qatar’s real estate market is poised to retain its strong position, a cross-section of key players said yesterday. (Sun, 11 Jan 2009 22:45:35 GMT)

Taiwan Mulls Real Estate Guarantee Fund, Economic Daily Says
Jan. 12 (Bloomberg) -- Taiwan government officials and property developers will meet today to discuss setting up a real estate credit guarantee fund to boost mortgage lending, the Economic Daily News reported, citing an industry association. (Mon, 12 Jan 2009 04:24:06 GMT)

Bitterroot real estate market suffering
Craig Siphers had a notion that the run on real estate in the Bitterroot Valley might be slowing during the summer of 2006. But the longtime local real estate agent with Hamilton’s Exit Realty couldn’t have predicted then just how far it would fall. (Mon, 12 Jan 2009 04:35:57 GMT)

Real estate center to present 2 forums
The College of Charleston's Carter Real Estate Center will present two forums in the weeks ahead to discuss conditions in the credit markets and their impact on the nation's commercial real estate industry. (Mon, 12 Jan 2009 05:15:15 GMT)

Space Alliance blasts off with real estate evaluation process
The United Space Alliance has tapped CresaPartners LLC to create a plan for the space operation company’s 1.3 million square feet of real estate space after the shuttle program winds down. (Mon, 12 Jan 2009 05:17:22 GMT)

Wells Fargo’s shift to affect local real estate credit market
Wells Fargo & Co. expects to scale back the commercial real estate lending business it acquired from Wachovia Corp. when the two banking giants merged on Dec. 31 — a move that will have repercussions throughout ­Central Florida. (WFC) (BAC) (Mon, 12 Jan 2009 05:24:33 GMT)

Real estate investment sales take a deep dive
Atlanta commercial real estate sales fell 36 percent to $1.83 billion in 2008 — a year marked by the evaporation of credit amid the global financial meltdown. (Mon, 12 Jan 2009 05:27:24 GMT)

Commercial real estate broker John Hoagland stays the course with career, faith and a freewheeling hobby
Staying on the right path is a familiar theme for local commercial real estate broker John Hoagland. (Mon, 12 Jan 2009 05:29:04 GMT)

Commercial real estate braces for toughest year
If real estate has always been about “location, location, location,” 2009 may be the year that commercial real estate becomes about “frustration, frustration, frustration.” (Mon, 12 Jan 2009 05:32:26 GMT)

Can Real Estate Stabilize Your Portfolio?
Historically used as a more tactical investment or for providing portfolio alpha , real estate is increasingly being used as part of a long-term core strategy due to increased market efficiency and increasing concerns about the future long-term variability of stock and bond returns. (Mon, 12 Jan 2009 09:00:45 GMT)

ECM Real Estate Gets $100 Million for China Project (Update1)
Jan. 12 (Bloomberg) -- ECM Real Estate Investment AG , a developer with most of its business in the Czech Republic, secured financing from lenders for its project in China worth 75.2 million euro ($100 million). (Mon, 12 Jan 2009 09:10:40 GMT)

Real estate and insurance sectors constitute just 12% of pan- Arab advertising spend
The global financial crisis will not seriously affect the pan-Arab advertising industry, as the affected insurance and real estate sectors constitute only 12% of the total advertising spend, according to a regional expert. (Mon, 12 Jan 2009 10:14:07 GMT)

Real Estate
As a result of the current economic downturn and global economic credit crisis, some investors find themselves over-allocated to investments in private real estate funds because their private real estate investments have not been written down in value to the same degree as their public investments (the so-called "denominator effect"). (Mon, 12 Jan 2009 11:28:47 GMT)

Niagara County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Niagara County clerk's office for the week ending Nov. 28. (Mon, 12 Jan 2009 11:48:28 GMT)

Erie County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending Nov. 28. (Mon, 12 Jan 2009 11:48:38 GMT)

Holly Real Estate exits Jacksonville market
A South Florida-based commercial real estate brokerage and development firm is closing its offices in Jacksonville and Macon, Ga. (Mon, 12 Jan 2009 15:29:18 GMT)

Spotlight on real estate
Clearly, news about the real estate market has mostly been bad, but those on the inside see a much different picture. The real estate market is in a slump. Home prices are declining and houses, especially those that are higher priced, can linger on the market for months. (Mon, 12 Jan 2009 15:55:14 GMT)

Brown Rudnick taps real estate partner
Law firm Brown Rudnick LLP has hired Kevin P. Joyce as a partner in the Boston office’s real estate group, the law firm said on Monday. (Mon, 12 Jan 2009 18:20:15 GMT)

Ex-bookkeeper accused of stealing $619,000 from S.F. real-estate firm
The former bookkeeper of a San Francisco real-estate development company has been indicted by a federal grand jury on charges that she stole $619,000 by using corporate credit cards to make personal purchases, court records show. Shelly Banks, who managed... (Mon, 12 Jan 2009 19:35:40 GMT)

Real estate market took a slight hit in 2008
The Iowa City area was mostly insulated from the poor real estate market home owners and buyers suffered from nationwide last year, according to the Iowa City Area Association of REALTORS or ICAAR. (Mon, 12 Jan 2009 19:53:18 GMT)

Reef Real Estate Starts Work on Two Projects
DUBAI - Reef Real Estate Investment, starts new year on a buoyant note by ground breaking on two of its fabulous projects — Baynonah Business Towers in Jumeirah Village and Park Residence in down town Jebel Ali. (Mon, 12 Jan 2009 20:06:59 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. (Mon, 12 Jan 2009 21:08:39 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, 12 Jan 2009 21:10:46 GMT)

3 indicted in fraudulent real estate deal
A Cook County grand jury has indicted two suburban Chicago men and a former area resident for allegedly forging documents as part of a fraudulent real estate transaction in Chicago in 2005, according to the Illinois attorney general's office.Warren Nickel, 59, of Tinley Park, Adrian Garner, 37, of Calumet Park, and Chiffon Mars, 38, formerly of the Chicago area, each face four counts of theft ... (Tue, 13 Jan 2009 00:22:46 GMT)

Real estate developer to sue consultant
VietNamNet Bridge – Daewon Hoan Cau, the real estate developer is planning to take legal proceedings against CB Richard Ellis (CBRE), the real estate broker and consultant for the latter’s wrong quotations of the former’ real estate prices. (Tue, 13 Jan 2009 01:48:41 GMT)

Valley sees new real estate trends in 2009
With a down economy, poor housing market and people looking to save money, some real estate agents may soon hear the same key words from potential home buyers. (Tue, 13 Jan 2009 04:43:14 GMT)

Bitterroot real estate market suffering
Craig Siphers had a notion that the run on real estate in the Bitterroot Valley might be slowing during the summer of 2006. But the longtime local real estate agent with Hamilton’s Exit Realty couldn’t have predicted then just how far it would fall. (Tue, 13 Jan 2009 04:50:56 GMT)

Stabilizing real estate is key
Stabilizing the real estate market is key to ending this financial crisis, a banking executive told the World Affairs Council of Greater Richmond. John A. Allison IV, chairman of BB&T Corp., spoke to about 200 people at the Omni Richmond Hotel last night. Allison, 60, spoke about the financial crisis, its causes and possible cures. (Tue, 13 Jan 2009 05:08:01 GMT)

Real estate lawyer charged with defrauding class-action lawsuit settlement funds
Class-action settlement funds targeted, indictment says A South Florida real estate attorney helped defraud three major class-action settlement funds out of more than $40 million by filing claims in the names of imaginary companies, federal prosecutors alleged in a 35-page indictment. (Tue, 13 Jan 2009 05:15:09 GMT)

Synovus, Comerica Brace for Commercial Real Estate Loan Bust
Jan. 13 (Bloomberg) -- Synovus Financial Corp., Comerica Inc. and Huntington Bancshares Inc. are among regional banks that may face a second wave of real-estate loan losses, this time for shopping centers and residential construction projects. (Tue, 13 Jan 2009 06:30:14 GMT)

Hypo Real Estate Gets Extension on EU30 Billion Aid (Update1)
Jan. 12 (Bloomberg) -- Hypo Real Estate Holding AG, the property lender bailed out by the German government, received an extension on 30 billion euros ($40.1 billion) of government aid. (Tue, 13 Jan 2009 06:34:24 GMT)

Cole tries to get real estate license back -- again
Former Bakersfield real estate broker Carl Cole took the next step to get back the license that was stripped from him, this time appealing to the Kern County Superior Court. His reasoning, contained in a court filing: The ruling that led the Department of Real Estate to revoke his license in September isn't backed up by evidence. Cole tried to get his license back before, but the state agency ... (Tue, 13 Jan 2009 07:34:36 GMT)

Real estate sustainability requires change of mindsets, DPS' panelists agree
Although a huge question mark looms over the future of real estate amid the global financial crisis, with many forecasters expecting an even bleaker 2009, Dubai Property Society's (DPS) panelists agreed today that Dubai's real estate landscape is positively changing. (Tue, 13 Jan 2009 09:28:47 GMT)

Tinley man indicted on real estate fraud
A disbarred Tinley Park lawyer has been charged with theft and impersonating an attorney in connection with a fraudulent real estate transaction, Illinois Attorney General Lisa Madigan said Monday. (Tue, 13 Jan 2009 10:17:51 GMT)

Real Estate Sustainability Requires Change of Mindsets, Panelists Agree
Dubai, January 12 th 2009- Although a huge question mark looms over the future of real estate amid the global financial crisis, with many forecasters expecting an even bleaker 2009, Dubai Property Society's (DPS) Dubai Property Society's (DPS) panelists agreed today that Dubai's real estate landscape is positively changing. (Tue, 13 Jan 2009 10:21:22 GMT)

Synovus, Comerica May See Commercial Real Estate Bust (Update1)
Jan. 13 (Bloomberg) -- Synovus Financial Corp., Comerica Inc. and Huntington Bancshares Inc. are among regional banks that may face a second wave of real-estate loan losses, this time for shopping centers and residential construction projects. (Tue, 13 Jan 2009 16:13:15 GMT)

Synovus, Comerica May See Commercial Real Estate Bust (Update1)
Jan. 13 (Bloomberg) -- Synovus Financial Corp., Comerica Inc. and Huntington Bancshares Inc. are among regional banks that may face a second wave of real-estate loan losses, this time for shopping centers and residential construction projects. (Tue, 13 Jan 2009 16:43:44 GMT)

Commercial Real Estate Sector Pushes For $20 Billion Of TARP Funds
WASHINGTON -(Dow Jones)- Stakeholders in the commercial real estate market are pushing lawmakers to devote at least $20 billion of financial rescue funds to a new Federal Reserve facility to unfreeze lending to the sector. (Tue, 13 Jan 2009 16:52:42 GMT)

Commercial, residential real estate could worsen this year
The commercial and residential real estate markets will likely face deeper losses in 2009 as disappearing jobs and lingering credit problems work their way through the U.S. economy, Wall Street analysts say. (Tue, 13 Jan 2009 17:22:16 GMT)

UPDATE: Comml Real Estate Sector Seeks $20 Billion Of TARP Funds
(Updated with more details and quotes from coalition letter.) WASHINGTON -(Dow Jones)- Stakeholders in the commercial real estate market are pushing lawmakers to devote at least $20 billion of financial rescue funds to a new Federal Reserve facility aimed at unfreezing lending to the sector. (Tue, 13 Jan 2009 17:22:44 GMT)

Real estate agents top complaints list
New figures showed problems with real estate sales and rentals scored among the most number of complaints in Queensland last year. (Tue, 13 Jan 2009 17:55:46 GMT)

Local Commercial Real Estate firms join to offer world-wide services
DiLeo Realty Associates, a 71 year old Piscataway based commercial real estate brokerage firm, today announced a merger with NAI Eric Bram & Co, a 40 year old firm based out of North Brunswick, NJ, to create NAI DiLeo-Bram & Co. (Tue, 13 Jan 2009 18:32:34 GMT)

Residential real estate sales up 32 percent for December, 19.1 percent for year
Residential real estate sales in metro Detroit had a strong finish in 2008, with December showing the largest year-over-year increase in sales for the year at 32 percent compared with December 2007, according to new figures by the Farmington... (Tue, 13 Jan 2009 19:43:52 GMT)

Real estate bigwig from Bedford indicted on felony drug charges
WHITE PLAINS - A multimillionaire real estate developer from Bedford was indicted today on multiple felonies after police found cocaine, Xanax, Valium and Oxycontin in his car when he was pulled over on the Saw Mill River Parkway, authorities announced. (Tue, 13 Jan 2009 20:37:21 GMT)

Cape real estate market continues to lag
The Cape Cod and Islands real estate market has entered its fifth calendar year of slumping sales, according to data released today by the Cape Cod and Islands Multiple Listing Service. (Tue, 13 Jan 2009 21:01:58 GMT)

Seniors must apply by March 1 for real estate tax deferral
All senior citizens interested in deferring their real estate taxes must have the required forms filed with the Grundy County Treasurer's office by March 1. (Wed, 14 Jan 2009 03:10:28 GMT)

Florida Real Estate: Home Purchase Planning 101
You have a big ground to cover if you're planning to buy a home in Florida real estate. (Wed, 14 Jan 2009 03:48:03 GMT)

Bitterroot real estate market suffering
Craig Siphers had a notion that the run on real estate in the Bitterroot Valley might be slowing during the summer of 2006. But the longtime local real estate agent with Hamilton’s Exit Realty couldn’t have predicted then just how far it would fall. (Wed, 14 Jan 2009 05:06:36 GMT)

Flory: Businesses vacate real estate space
The collapse of two prominent Knoxville companies has sparked turmoil for hundreds of employees, but the news also leaves a big hole in the commercial real estate market. (Wed, 14 Jan 2009 05:12:24 GMT)

REAL ESTATE: Office vacancies soar in fourth quarter
More office buildings across the region are standing empty as a recession forces businesses to downsize, creating the worst commercial real estate market in a decade. (Wed, 14 Jan 2009 08:35:52 GMT)

COMMERCIAL REAL ESTATE FOR RENT
ILISSIA, Athens Concert Hall area, 170 sq.m. and 90 sq.m. in an office building, open space, new, modern, with garage, 1,700 euros and 900 euros respectively. HELENΥS REAL ESTATE, tel 210.77.96.536, www.helens.gr. (Wed, 14 Jan 2009 09:10:35 GMT)

Economy puts tough commerical real estate market to test
Calgary's commercial real estate market proved remarkably resilient in 2008, but will face difficulties in the coming year, says a report released yesterday by real estate consulting firm Avison Young. (Wed, 14 Jan 2009 09:11:28 GMT)

U.K. Real-Estate Companies Need to Raise $20 Billion (Update1)
Jan. 14 (Bloomberg) -- U.K. real-estate companies may need to be rescued by shareholders this year to stay afloat. The largest commercial-property firms need to raise as much as $20 billion this year to restore their balance sheets at a time when financing is scarce, according to estimates by Bernd Stahli, an analyst at Merrill Lynch & Co. (Wed, 14 Jan 2009 11:10:22 GMT)

Real estate slump hits home in new data
Home prices are sinking, fewer people are buying, and new construction has slowed to a crawl. Preliminary year-end statistics from the Willamette Valley Multiple Listing Service and building permit numbers, show the residential real estate market struggled in 2008: (Wed, 14 Jan 2009 11:21:05 GMT)

The Business of Florida Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online
MIAMI-The playing field for investors and lenders has been redefined over the past 12 to 18 months, commercial real estate experts purport. (Wed, 14 Jan 2009 11:30:37 GMT)

PRESS RELEASE:Fitch Affirms Turkey's Is Real Estate AA+(tur)
Fitch Ratings-London/Istanbul-14 January 2009: Fitch Ratings has today affirmed Turkey-based Is Real Estate Company's (IS REIC) National Long-term rating at 'AA+(tur)'. The Outlook is Stable. (Wed, 14 Jan 2009 12:22:42 GMT)

Commercial real estate might be next in line to fall
MITCHELL SCHNURMAN Is commercial real estate next? First came the housing bust. Then financial services, commodities and the job market went south. Now it’s commercial real estate in trouble — overbuilt, overleveraged and on the verge of a shakeout. The Urban Land Institute, a Washington think tank, says the sector "faces its worst year since the wrenching 1991-92 industry depression." A ... (Wed, 14 Jan 2009 13:46:21 GMT)

Real estate firm goes online with auctions
A Murfreesboro-based real estate company is now offering online-only auctions, making it possible buyers to bid on homes, properties and estate items from home. (Wed, 14 Jan 2009 13:53:00 GMT)

Germany Considers Taking a Stake in Hypo Real Estate (Update1)
Jan. 14 (Bloomberg) -- German Chancellor Angela Merkel ’s government is considering taking a stake in Hypo Real Estate Holding AG to shore up the balance sheet of the commercial- property lender it had to bail out last year. (Wed, 14 Jan 2009 14:19:09 GMT)

U.K. Real-Estate Companies Need to Raise $20 Billion (Update2)
Jan. 14 (Bloomberg) -- U.K. real-estate companies may need to be rescued by shareholders this year to stay afloat. The largest commercial-property firms need to raise as much as $20 billion this year to restore their balance sheets at a time when financing is scarce, according to estimates by Bernd Stahli, an analyst at Merrill Lynch & Co. (Wed, 14 Jan 2009 18:32:44 GMT)

VCU’s real estate foundation buys former Ukrop’s site
Virginia Commonwealth University’s real estate foundation has purchased the property at Grace and Harrison streets where Ukrop’s operated a store until last spring. The foundation bought the property last month for $9 million from BET Investments Inc., a Pennsylvania-based development company. But plans for development are on hold for now because Ukrop’s Super Markets Inc. holds a lease on the ... (Wed, 14 Jan 2009 19:05:21 GMT)

City looking for real estate guru
The City of Hood River is seeking a real estate specialist who can field questions about potential property sales and purchases. Although the liaison position doesn’t come with a paycheck, there could be a healthy commission down the road, according to Bob Francis, city manager. (Wed, 14 Jan 2009 19:25:30 GMT)

A bubble burst: the downfall of Latvian real estate
RIGA - The real estate market in Latvia has ground to a standstill with little buying or development activity predicted in the coming year. (Wed, 14 Jan 2009 20:02:21 GMT)

Maui real estate sales down dramatically in '08
In 2008, the term "short sale" entered the vocabulary of the Maui real estate business, something that Bob Lightbourn, president of the Realtors Association of Maui, said he hasn't seen in years. (Wed, 14 Jan 2009 21:04:39 GMT)

Networking event targets young real estate professionals
The current state of the economy has prompted an unusual networking event that will bring together young professionals from a variety of commercial real estate fields. (Wed, 14 Jan 2009 21:06:22 GMT)

USC Lusk Center Says Commercial Real Estate Will Continue to Weaken and Markets Won’t Grow for Two Years
A lack of liquidity remains the major obstacle to a recovery in the commercial real estate markets at least until the end of this year, according to real estate finance expert Stan Ross, chair of the USC Lusk Center for Real Estate . “We will also see a curtailed supply of new construction, more focus on cash flow, new incentives for tenants, greater equity required of borrowers and increased ... (Wed, 14 Jan 2009 21:19:40 GMT)

Foreign investors more confident about the U.S. real estate market
Foreign investors are more confident about the U.S. real estate market and expect to spend significantly more this year than in 2008, according to survey results released this week by the Association of Foreign Investors in Real Estate. (Wed, 14 Jan 2009 22:50:28 GMT)

On sale: $350M of real estate in Lower Mainland
A Vancouver real estate developer is making an unprecedented move to offer a liquidation sale of $350 million worth of its condominiums throughout the Lower Mainland. (Wed, 14 Jan 2009 23:08:58 GMT)

Real Estate Professionals Predict Strong Tri-Cities Market in 2009
Two weeks into the new year, and real estate professionals say the market is looking better. (Thu, 15 Jan 2009 02:34:14 GMT)

Real estate industry of region improves: exec
The Securities and Exchange Commission noted a significant improvement in real estate industry of the Davao Region last year. Atty. Jayvee Paul Francisco, SEC officer-in-charge, said the region recorded fresh investment of P47.8 million, with corporations taking up the bulk of investment of P43.4 million while the remaining P3.4 million was cornered by partnerships. (Thu, 15 Jan 2009 02:37:25 GMT)

Bitterroot real estate market suffering
Craig Siphers had a notion that the run on real estate in the Bitterroot Valley might be slowing during the summer of 2006. But the longtime local real estate agent with Hamilton’s Exit Realty couldn’t have predicted then just how far it would fall. (Thu, 15 Jan 2009 03:22:16 GMT)

Real estate investments up
INVESTMENTS in the real estate industry increased last year, overtaking the agriculture sector, which ranked second in 2007 next to the wholesale and retail sector, the Securities and Exchange Commission (SEC) reported. (Thu, 15 Jan 2009 04:49:19 GMT)

Hub commercial real estate 'grim'
The local commercial real-estate industry is going through a "grim and depressing" period as the rest of the regional economy reels from the economic downturn, according... (Thu, 15 Jan 2009 05:06:45 GMT)

Real estate market hits 10-year low
Amid the economic turmoil of 2008, the residential real estate market in the Nashua area took its sharpest decline in a decade, according to data released Wednesday by the New Hampshire Association of Realtors. ... - By ASHLEY SMITH Staff Writer (Thu, 15 Jan 2009 06:25:23 GMT)

COMMERCIAL REAL ESTATE FOR RENT
ILISSIA, Athens Concert Hall area, 170 sq.m. and 90 sq.m. in an office building, open space, new, modern, with garage, 1,700 euros and 900 euros respectively. HELENΥS REAL ESTATE, tel 210.77.96.536, www.helens.gr. (Thu, 15 Jan 2009 09:09:49 GMT)

Gulf Shares Fall on Real-Estate Concern; Arabtec Leads Retreat
Jan. 15 (Bloomberg) -- Persian Gulf shares fell, pushing Dubai’s index lower for a third day, on concern that earnings at real-estate companies will drop. (Thu, 15 Jan 2009 09:23:25 GMT)

(AFX UK Focus) 2009-01-15 10:50 Dutch house prices dip 1.8% in 2008-real estate body
AMSTERDAM, Jan 15 (Reuters) - Dutch house prices posted their first full-year drop since 1990, falling by 1.8 percent in 2008 as the credit crisis took its toll on the real estate market, a real estate body said on Thursday. The average price of a home in the Netherlands, which had enjoyed steadily rising home prices supporting the construction of new homes, fell to 233,000 euros, the Dutch ... (Thu, 15 Jan 2009 10:59:00 GMT)

The Business of New York Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online
NEW YORK CITY-The year "2009 is shaping up to be one of the most challenging years that we’ve had in real estate over the past three decades," Robert Alexander, chairman of CB Richard Ellis’ New York tri-state, region said on Wednesday. (Thu, 15 Jan 2009 11:30:27 GMT)

EXECUTIVES TURN TO REAL ESTATE JOBS
DESPITE some brokerage job losses, some sectors of the real estate business still have openings. "Real estate is a tangible investment class - even in bad times it needs to be maintained, leased, managed and worked-out," said Eric Goldstein, a... (Thu, 15 Jan 2009 11:35:32 GMT)

Gulf Shares Fall on Real-Estate Concern; Arabtec Leads Retreat
Jan. 15 (Bloomberg) -- Persian Gulf shares fell, pushing Dubai’s index lower for a third day, on concern that earnings at real-estate companies will drop. (Thu, 15 Jan 2009 11:37:30 GMT)

Experts analyze residential real estate
ST. GEORGE - A panel of experts presented their unique interpretations of the residential real estate market, Wednesday, at the Washington County Economic Summit. (Thu, 15 Jan 2009 12:00:31 GMT)

Seniors must apply by March 1 for real estate tax deferral
All senior citizens interested in deferring their real estate taxes must have the required forms filed with the Grundy County Treasurer's office by March 1. (Thu, 15 Jan 2009 12:16:40 GMT)

Fed: Commercial real estate is weakening in region including N.C.
Commercial real estate activity is slumping in the Federal Reserve district that includes North Carolina – a sign that the faltering economy has taken full hold of what’s usually is one of the last industries to feel the pain of a downturn. (Thu, 15 Jan 2009 15:53:13 GMT)

Real Estate Developer Trammell Crow Dead at 94
Trammell Crow, the Dallas-based commercial real estate developer and the founder of the Trammell Crow Company died Wednesday at the family farm in East Texas. (Thu, 15 Jan 2009 15:59:49 GMT)

Dallas real estate pioneer Trammell Crow dies at 94
By LINDA STEWART BALL Trammell Crow, a one-time accountant with no real estate experience who built one of the largest real estate development companies in the nation, has died. He was 94. Spokeswoman Cynthia Pharr Lee said Thursday that Crow died Wednesday at a family farm near Tyler in East Texas. The cause of death wasn't immediately released. In 2002, Crow's wife disclosed that the ... (Thu, 15 Jan 2009 16:31:31 GMT)

Real estate pioneer Trammell Crow dies at 94
Trammell Crow, a one-time accountant with no real estate experience who built one of the largest real estate development companies in the nation, has died. He was 94. (Thu, 15 Jan 2009 18:34:28 GMT)

Commercial real estate weathers storm
Area commercial real estate insiders Thursday heard what many already knew — namely, while the impact of the national recession is being felt locally, it is not as severe in Buffalo as it is elsewhere. (Thu, 15 Jan 2009 19:25:43 GMT)

Texas real estate developer Trammell Crow dies
A spokeswoman says prominent Texas real estate developer Trammell Crow has died at 94. Spokeswoman Cynthia Pharr Lee said Thursday that Crow died Wednesday at a family farm near Tyler in East Texas. The cause of death wasn't immediately released. (Thu, 15 Jan 2009 20:07:46 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, 15 Jan 2009 21:08:50 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, 15 Jan 2009 21:10:58 GMT)

Housing market steady, commercial property soft: real estate group
The commercial real estate market in Whitehorse may have reached its saturation point, but the city's housing market remains solid, says the head of the Yukon's real estate association. (Thu, 15 Jan 2009 23:57:59 GMT)

Texas real estate pioneer Trammell Crow dead at 94
Trammell Crow, a one-time accountant who built one of the largest real estate development companies in the nation, has died. He was 94. (Fri, 16 Jan 2009 02:33:54 GMT)

Real estate scammers prey on the naive
Common sense may be the best defense for investors to avoid getting into commercial real estate deals that crash and burn. (Fri, 16 Jan 2009 03:10:40 GMT)

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