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Real Estate News Feb 2009

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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 real estate items as soon as possible, in the order in which they were received. (Sun, 01 Feb 2009 05:28:44 GMT)

Keely joins Coldwell Banker Real Estate
Susan Keely, formerly of M Realty, has joined the offices of Coldwell Banker Phyllis Rubin Real Estate. (Sun, 01 Feb 2009 05:38:36 GMT)

Real estate sector likely to see consolidation this year
01 February 2009 This year is likely to see consolidation among real estate brokers and the sector will inevitably shrink because of the slowdown in the market, say UAE-based agents. (Sun, 01 Feb 2009 07:19:35 GMT)

Real Estate calendar 2/1
Real estate classes for buyers, sellers and homeowners. (Sun, 01 Feb 2009 08:22:14 GMT)

Vallejo real estate investor markets rent-to-own homes
Jamai Demery of Vallejo didn't think she'd ever own a home. But the single mother of two moved into her own place in December thanks to a project conceived by a Vallejo real estate investor. (Sun, 01 Feb 2009 08:22:34 GMT)

Real estate agents sell the open house
Real estate agents create lavish open houses in tough market N ot everybody who might stop at a real estate open house would commit a Sunday afternoon during football season to the trip, or get in the car on a snowy afternoon just to see a house devoid of furniture. (Sun, 01 Feb 2009 08:38:38 GMT)

Is real estate still a good bet?
The real estate industry has struggled since the bubble burst in 2006. The so-called subprime mortgage "meltdown" of 2008 made matters worse, with investment banks, insurance companies, developers and other related businesses feeling the effects of a global economy in crisis. (Sun, 01 Feb 2009 09:16:30 GMT)

Commercial real estate pros gather for quarterly forecast
Commercial real estate professionals are optimists by nature and probably by necessity. (Sun, 01 Feb 2009 10:40:07 GMT)

ٍٍSorouh real estate pjsc reports full year growth despite toughening market conditions
Sorouh Real Estate PJSC, one of Abu Dhabi’s leading master-planners and developers, today announced a 42 per cent rise in net profits to AED 1,784 million (AED 1,257 million) for the year to 31 December 2008, on revenue up from AED 2,321 million to AED 3,723 million. (Sun, 01 Feb 2009 11:10:05 GMT)

UAE real estate growth slows down; Report
UAE real estate growth slows down; Report (Sun, 01 Feb 2009 11:57:09 GMT)

Durango Colorado Real Estate
Durango's oldest real estate firm, Prudential Triple S Realty, offers successful professionals and the tools needed to help clients in every aspect of real estate. (Sun, 01 Feb 2009 15:40:13 GMT)

Beginner's Investment Guide In Fisher Island Real Estate
Investing in a residential property in Fisher Island real estate is a sound idea. They can be used as your vacation home every time you visit the area or you can sell it for profit when the prices are at its peak. (Sun, 01 Feb 2009 18:16:22 GMT)

Is real estate still a good bet?
The real estate industry has struggled since the bubble burst in 2006. The so-called subprime mortgage "meltdown" of 2008 made matters worse, with investment banks, insurance companies, developers and other related businesses feeling the effects of a global economy in crisis. (Sun, 01 Feb 2009 20:09:22 GMT)

Dubai delays, cancels $75bn real estate projects: HSBC
DUBAI : Dubai is delaying or cancelling almost 60 real estate projects worth $75bn as the ongoing financial slowdown hits the emirate’s construction boom, according to a new report by HSBC. (Sun, 01 Feb 2009 21:45:19 GMT)

Real estate sales drop from 2007 to 2008, but prices hold
The number of real estate sales in Okanogan County dropped from 368 in 2007 to 253 in 2008, but prices haven't seen a dramatic drop. The average sale price for 2008 was $204,470. In 2007, it was $207,812, according to the Northwest Multiple Listings Service. (Sun, 01 Feb 2009 23:36:53 GMT)

Commercial real estate feels pinch
What impact do you see the recession having on area commercial real estate and construction during the year? (Mon, 02 Feb 2009 05:09:55 GMT)

Real estate insiders offer takes on survival strategy
As the slowdown continues in the real estate industry, the Business Journal asked experts from all market segments what companies could do to survive the downturn. Here are some of their answers: (Mon, 02 Feb 2009 05:26:35 GMT)

Cross & Co. partners with global real-estate player
One of the city’s most well-known homegrown real-estate firms has joined forces with a privately held powerhouse with a global presence. (Mon, 02 Feb 2009 05:35:16 GMT)

Commercial real estate transactions
Commercial real estate transactions in the Houston area. (Mon, 02 Feb 2009 06:53:05 GMT)

Foreign investors may help local real estate market
Some of the biggest commercial real estate deals of 2008 came from outside the United States: Nakheel Hotels, managed by the Dubai government, bought 50 percent of the Fontainebleau Miami Beach hotel for $375 million. A subsidiary of Japanese investment firm Sumitomo paid $260 million for the Miami Center office tower. Hong Kong-based Swire Properties, which developed most of Brickell Key, paid ... (Mon, 02 Feb 2009 08:22:17 GMT)

Making Money In Residential Real Estate
Many excited real estate investors think they can get rich by using a bank loan to purchase and upgrade local fixer-uppers. (Mon, 02 Feb 2009 09:13:29 GMT)

Commercial real estate pros gather for quarterly forecast
Commercial real estate professionals are optimists by nature and probably by necessity. (Mon, 02 Feb 2009 11:06:08 GMT)

Limited capital for real estate in '09 - survey
LONDON, Feb 2 (Reuters) - Equity and debt capital for real estate investments will continue to be in short supply in 2009, and market players remain uncertain when this trend will reverse, a survey showed on Monday. (Mon, 02 Feb 2009 11:25:03 GMT)

Tunisia: Country's Real Estate Group Wins Prestigious Monte Carlo Travel Market Five Star Diamond Award
Tunis — The real estate group "Kelibia La Blanche", sponsor of Kelibia's main tourist resort won the five star Diamond Award granted by the American Academy of Hospitality Sciences for the best real estate site development in 2009. (Mon, 02 Feb 2009 11:28:55 GMT)

HCC offering real estate course
Hagerstown Community College's Center for Continuing Education is offering "Principles and Practices of Real Estate for Maryland" on Tuesdays and Thursdays through April 16. (Mon, 02 Feb 2009 12:49:19 GMT)

Replay chat with Wade Ragas on local real estate prices
Missed our live chat with real estate consultant Wade Ragas? No problem. Just watch the replay below. Ragas formerly served as professor of finance and director of the University of New Orleans Real Estate Market Data Center. He now... (Mon, 02 Feb 2009 16:13:19 GMT)

Recession bites on housing sales, prices: B.C. real estate body
The recession will weigh a little more heavily on British Columbia's real estate markets in 2009 than initially forecast, pulling down sales and average prices, the B.C. Real Estate Association said Monday. (Mon, 02 Feb 2009 20:02:46 GMT)

Recession bites on housing sales, prices: B.C. real estate body
The recession will weigh a little more heavily on British Columbia's real estate markets in 2009 than initially forecast, pulling down sales and average prices, the B.C. Real Estate Association said Monday. Housing sales will decline to 62,650 over 2009 from 68,923 units in 2008 and prices will decline 13 per cent in 2009 to an average $396,600, a bit deeper than the nine-per-cent decline ... (Mon, 02 Feb 2009 20:08:33 GMT)

Fort Lauderdale Real Estate - Find The Perfect Home And Live In Luxury
Finding the perfect home in Fort Lauderdale real estate is not a dream. There are dozens of luxurious and elegant residential properties available in the city that you will surely find ideal for your stay. (Mon, 02 Feb 2009 20:31:22 GMT)

Florida Real Estate - Home Purchase Needs Not Be Expensive
The perfect home in Florida real estate needs not become an expensive purchase on your end. (Mon, 02 Feb 2009 20:46:21 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, 02 Feb 2009 20:52:27 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, 02 Feb 2009 20:54:37 GMT)

Real estate investor grabs loan note for two hotels
Opportunistic real estate investment firm PCCP has acquired the A note of a loan secured by two Bay Area hotels, the Crowne Plaza at San Francisco International Airport in Burlingame and a Holiday Inn Express in Walnut Creek. (Mon, 02 Feb 2009 21:46:04 GMT)

Aventura Real Estate: Grabbing The Right Realtor For Your Home Purchase
A realtor would be a good choice for a home purchase project in Aventura real estate . Novice homebuyers might find it a challenge to a quality home in the city if it's your first time at it. (Mon, 02 Feb 2009 21:46:21 GMT)

Real estate agent attacked
Authorities are seeking the public's help in finding a man who attacked a real estate agent at a model home in Liberty Township. (Mon, 02 Feb 2009 22:26:32 GMT)

A Rare Piece of Good News for PDX Real Estate Market
When the Port of Portland decided in 2007 to move its headquarters staff from Chinatown to Portland International Airport, the decision removed one of the neighborhood’s anchor tenants and biggest sources of spending for the shops and restaurants struggling to survive nearby. But here’s a ray of sunshine today in an otherwise gloomy real estate situation. February [...] (Mon, 02 Feb 2009 23:37:33 GMT)

Key changes proposed in real estate law
SHURA Council members yesterday refused to give the government the right to close real estate brokerage agencies and revoke their licenses if they break the law. (Tue, 03 Feb 2009 00:24:59 GMT)

New member for Landmark Real Estate Team
Landmark in Euroa is very pleased to announce the addition to their national-award-winning real estate team of Steven Jeffery. Steven has been with Landmark Benalla for the past twelve months and is extremely excited about the move. (Tue, 03 Feb 2009 01:16:35 GMT)

Uganda: Real Estate Developers to Get Incentives
Kampala — THE Government is negotiating with real estate developers in order to give them incentives. Michael Werikhe, the housing state minister, said the Government had realised that the housing sector was too important to be ignored. (Tue, 03 Feb 2009 07:32:22 GMT)

Real estate
Are real estate prices expected to come down across India in the wake of problems in the US housing sector and the Indian real estate sector? Or are they likely to come down in a few pockets across India and remain stable or increase in some other pockets? (Tue, 03 Feb 2009 08:41:47 GMT)

Commercial real estate pros gather for quarterly forecast
Commercial real estate professionals are optimists by nature and probably by necessity. (Tue, 03 Feb 2009 09:55:12 GMT)

Real estate agent attacked
Authorities are seeking the public's help in finding a man who attacked a real estate agent at a model home in Liberty Township. (Tue, 03 Feb 2009 10:36:16 GMT)

The Business of Florida Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online
MIAMI-A partnership between Philadelphia-based Guggenheim Real Estate LLC and Fort Lauderdale-based Stiles Corp. has secured a five-year, fixed-rate $47.5-million loan for its SunTrust International Center. (Tue, 03 Feb 2009 11:03:23 GMT)

New Real Estate Complex under Construction in Sofia's Suburbs despite Crisis
The construction of a new closed-type detached-house complex in Sofia's Malinova Dolina ("Raspberry Valley") Quarter was formally started on Tuesday despite the downturn in the real estate market caused by the effects of the global financial crisis. (Tue, 03 Feb 2009 11:24:48 GMT)

Benson Elliot Caps Third Real Estate Fund
Benson Elliot Capital Management said Monday that it has raised its latest pan-European private equity real estate fund at $653.5 million (€510 million). (Tue, 03 Feb 2009 12:40:15 GMT)

Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey Reveals California Office Markets will ...
LOS ANGELES----In the wake of the recession and the freezing up of financial markets for office space development, developers and investors believe that office markets will worsen between now and 2011, according to the latest Allen Matkins/ UCLA Anderson Forecast Commercial Real Estate Survey and Index Research Project. (Tue, 03 Feb 2009 13:00:00 GMT)

Real Estate Report Card helps Sellers Monitor their Property on the Web
Over the past few years, the Web has given rise to numerous real estate sites and portals that have in the main been designed to help buyers find the perfect property. Until now there has been no service offered with sellers in mind and right now with the property market in turmoil, sellers need all the help they can get. Today, the Real Estate Marketing Report Card is being launched in an ... (Tue, 03 Feb 2009 13:04:19 GMT)

Real estate expert says now's time to buy home
The U.S. real estate sector sorely needs a $100 billion shot in the arm to help pull the country out of its recession, the chief executive of Coldwell Banker said Monday during a stop in Columbus. (Tue, 03 Feb 2009 13:06:56 GMT)

A Real Estate Play That Pays
Lavish yields on preferred stocks of real estate trusts are too tempting to ignore. (Tue, 03 Feb 2009 14:11:40 GMT)

Outlook for Real Estate Investment Trusts Discussed in Wall Street Transcript Report
67 WALL STREET, New York - February 03, 2009 - The Wall Street Transcript has just published its Real Estate Investment Trusts issue, a report offering a timely review of the sector to serious investors and industry executives. This 57-page feature contains a roundtable forum and industry commentary through in-depth interviews with top management from 11 firms and 1 analyst. The full issue is ... (Tue, 03 Feb 2009 16:13:00 GMT)

Experts predict tougher times ahead of commercial real estate market
On a gray and snowy day in Washington, the discussion of how the commercial real estate market could return to normal was no sunnier. (FNM) (FRE) (Tue, 03 Feb 2009 17:43:28 GMT)

Zillow: Portland took a $23 billion real estate hit in 2008
Plunging home values drained $23 billion from Portland area real estate values in 2008, according to Zillow, an on-line valuation service. (Tue, 03 Feb 2009 17:54:08 GMT)

MetLife Net Falls 12% on Losses From Hedge Funds, Real Estate
Feb. 3 (Bloomberg) -- MetLife Inc., the largest U.S. life insurer, said fourth-quarter profit declined 12 percent on losses from hedge funds and real estate ventures. Shares gained in extended trading as the company beat analysts’ estimates. (Tue, 03 Feb 2009 21:59:58 GMT)

MetLife Net Falls 12% on Losses From Hedge Funds, Real Estate
Feb. 3 (Bloomberg) -- MetLife Inc., the largest U.S. life insurer, said fourth-quarter profit declined 12 percent on losses from hedge funds and real estate ventures. Shares gained in extended trading as the company beat analysts’ estimates. (Tue, 03 Feb 2009 22:09:54 GMT)

Sideswipe: Listing takes the 'real' out of 'real estate'
Trying to pretty up their listed properties for sale, Real Estate outfit Harrisonburg Homes in Virginia has decided to make their properties seem more appealing by adding special touches with Photoshop, such as flowers, oversized Russian dolls and a fruity boarder. Subtle enhancements indeed. (Tue, 03 Feb 2009 23:52:27 GMT)

DFW Still Bright Amid Nationwide Real Estate Slump
A new Zillow report, a company that tracks real estate trends, says home prices fell 12% nationwide last year, but only fell by 1.8% in North Texas. (Wed, 04 Feb 2009 00:02:24 GMT)

Auckland real estate listings drop, price stabilises
The number of houses listed for sale in Auckland during January dropped to their lowest level for that month since 1999, according to real estate firm Barfoot & Thompson. (Wed, 04 Feb 2009 01:50:28 GMT)

Angelo Gordon Seeks Up to $1 Billion for Asia Real Estate Fund
Feb. 4 (Bloomberg) -- Angelo, Gordon & Co. , a real estate, private equity, distressed and hedge fund asset manager founded by two former L.F. Rothschild bankers, is seeking as much as $1 billion for its second Asia-focused property fund. (Wed, 04 Feb 2009 04:11:53 GMT)

Real estate developers in Bangalore hit by recession
Bangalore, Feb 3: Real estate developers in Bangalore are facing a queer situation. (Wed, 04 Feb 2009 04:47:50 GMT)

A Real Estate Play That Pays
A shrinking economy and frozen credit markets are a lethal combination for real estate investment trusts. The Dow Jones Wilshire REIT index lost 4439% over the past year through February 62, as investors concluded that these toxic conditions would force many REITs to pare back generous common-stock dividends. REIT preferred shares did just as poorly. (Wed, 04 Feb 2009 05:00:00 GMT)

Angelo Gordon Seeks Up to $1 Billion for Asia Real Estate Fund
Feb. 4 (Bloomberg) -- Angelo, Gordon & Co. , a real estate, private equity, distressed and hedge fund asset manager founded by two former L.F. Rothschild bankers, is seeking as much as $1 billion for its second Asia-focused property fund. (Wed, 04 Feb 2009 05:29:28 GMT)

Fitch ratings sees real estate outlook negative for 2009
Mumbai, Feb 04 : Fitch Ratings' outlook for the Indian real estate sector, in 2009 continues to remain negative with the sector expected to look for a postive growth only during the later part of the year. (Wed, 04 Feb 2009 08:41:13 GMT)

Transwestern forms firm with veteran real estate execs
Texas-based real estate service firm Transwestern is forming a new partnership with a group of veteran commercial property execs. (Wed, 04 Feb 2009 08:51:09 GMT)

Overseas Indians invest in real estate despite recessionary trends
By Ami Sharma, Mehsana (Gujarat), Feb 4 : Non-Resident Indians (NRIs) and overseas Indians feel that with the property rates heading southwards, time is ripe to invest in India's real estate industry. (Wed, 04 Feb 2009 09:40:44 GMT)

Commercial real estate pros gather for quarterly forecast
Commercial real estate professionals are optimists by nature and probably by necessity. (Wed, 04 Feb 2009 10:42:09 GMT)

Commercial real-estate forecast to remain grim
The chief economist for CB Richard Ellis, the big commercial real-estate brokerage, brought more bad news with him to Orlando this week as he warned that the nation's commercial real-estate downturn is already worse than the 1990-91 collapse and still shows no sign of abating. (Wed, 04 Feb 2009 11:00:22 GMT)

Real estate sales drop 23 per cent
Real estate sales in the Georgian Triangle dropped 23 per cent from the previous year in 2008, a result of unsettled economic conditions says the [...] (Wed, 04 Feb 2009 13:10:06 GMT)

Gaining ground : Despite economic conditions, Crye-Leike has forged ahead in the mid-South real-estate market with ...
ROGERS — When it comes to real-estate companies in northwest Arkansas, the names at the top of the list include the likes of Lindsey and Associates, Coldwell Banker and Harris-McHaney. But there's another that, despite having put down roots here just two years ago during one of the most turbulent economic times in history, has been climbing that ladder. (Benton County Daily Record) (Wed, 04 Feb 2009 13:26:46 GMT)

Lutherville real estate broker convicted of tax evasion
A federal jury has convicted local commercial real estate broker Henry Cole of three counts of tax evasion and filing three false federal tax returns, the Maryland U.S. Attorney’s Office said Wednesday. (Wed, 04 Feb 2009 19:20:25 GMT)

New Jersey pair admit roles in real estate scam
An executive with a purported real estate investment firm and a lawyer who did work for the company admit their roles in a conspiracy which defrauded hundreds of investors and mortgage lenders of more than $20 million. (Wed, 04 Feb 2009 22:19:36 GMT)

System and method of researching real estate
A method of researching real estate properties online uses a local Rich Internet Application (RIA) to perform an online search through a real estate web service and stores the results of the search locally (Wed, 04 Feb 2009 22:38:34 GMT)

Pair admit roles in real estate scam
An executive with a purported real estate investment firm and a lawyer who did work for the company admit their roles in a conspiracy which defrauded hundreds of investors and mortgage lenders of more than $20 million. Kenneth Lagonia, a former East Brunswick resident, and Anthony Natale, a Cranford-based attorney who lives in Neshanic Station, each pleaded guilty today to federal charges of ... (Wed, 04 Feb 2009 22:51:21 GMT)

Two N.J. men admit roles in $20M real estate Ponzi scam
A lawyer from Somerset County and a businessman formerly from East Brunswick pleaded guilty today in connection to an alleged $20 million real estate Ponzi scam. Anthony Natale, 44, of Neshanic Station, and Kenneth Lagonia, 58, who now lives in... (Wed, 04 Feb 2009 23:26:13 GMT)

Bill would eliminate 'point of sale' boost in real estate taxes
A rule that local Realtors say is slowing an already slow housing market would be eliminated under a bill discussed Wednesday by a state legislative panel that would change the way counties collect property taxes after real estate sales. (Thu, 05 Feb 2009 02:03:15 GMT)

Real estate agents have new affiliation
Portales real estate agents Charles and Beverly Bennett have become affiliated with United Country Real Estate. Located at 708 S. Avenue C, their office is now called United Country–Vista Nueva Inc. (Thu, 05 Feb 2009 04:13:55 GMT)

Real Estate Transactions
The following real estate transactions were provided by the City of Hibbing Assessor’s office. • 1114 12th Avenue East, Hibbing; sold by US Bank National Association as trustee to Shelley and Keith Johnson on Dec. 26, 2008. (Thu, 05 Feb 2009 04:40:35 GMT)

D.C. real estate board member quits, blasts Fenty appointee
A member of D.C.’s powerful real estate board has resigned in protest, claiming the board is becoming too politicized. (Thu, 05 Feb 2009 06:03:39 GMT)

Nigeria: Real Estate Developers Can Solve Housing Problems -Expert
Abuja — Chief Olabode Afolayan is the Chief Executive Officer of International Business Bureau Limited (IBBL), a real estate expert of over twenty years. (Thu, 05 Feb 2009 08:59:20 GMT)

Commercial real estate course offered
An intensive, two-day course on the fundamentals of commercial real estate will be offered by the CCIM Institute Feb. 26 and 27 at the Iowa City Association of Realtors, 438 Highway 1 W. (Thu, 05 Feb 2009 09:35:44 GMT)

Sales drop in real estate last month
WATERLOO REGION (Feb 5, 2009) -- Real estate sales declined substantially in Waterloo Region in January compared to the same month last year. (Thu, 05 Feb 2009 09:49:38 GMT)

Commercial real estate pros gather for quarterly forecast
Commercial real estate professionals are optimists by nature and probably by necessity. (Thu, 05 Feb 2009 11:14:16 GMT)

Investor interest in Abu Dhabi real estate begins to slow
Although still attracting more positive attention than Dubai, the real estate sector in Abu Dhabi is itself suffering from a crisis of investor confidence. (Thu, 05 Feb 2009 11:30:38 GMT)

Regional real estate firms merge
Two of the region's largest independent real estate firms have merged to form a company that last year combined to account for about $70 million (Thu, 05 Feb 2009 11:34:44 GMT)

NAI Bluestone Real Estate Capital Secures $2.8M Acquisition Loan for Assisted Living Facility in Punta Gorda, FL
PHILADELPHIA----NAI Bluestone Real Estate Capital, a Philadelphia based real estate investment bank and advisory firm, has secured a $2.8M acquisition loan for Punta Gorda Elderly Care Center on behalf of Punta Gorda Acquisitions Associates, LLC, a subsidiary of Evergreen Realty Group. (Thu, 05 Feb 2009 13:00:00 GMT)

Weighing in on the real estate market -- South Shore home sales, prices continue to dip
According to real estate analyst Walter Hall, a drop in average sale price indicates that buyers are purchasing homes at prices that, on average, are less than they were previously. (Thu, 05 Feb 2009 13:13:01 GMT)

Weathering, or not, the downturn in real estate markets
What do analysts for two of the world's largest real estate agencies - one in Europe and one in Asia - think about the state of the property industry? (Thu, 05 Feb 2009 14:44:16 GMT)

Associated Estates post solid Q4 earnings despite rough times for real estate
Updated at 4:22 p.m. Associated Estates Realty Corp. (NYSE and NASDAQ: AEC), which owns and manages apartments, saw funds from operations rise and revenues hold steady during the fourth quarter. But the real estate investment trust, based in Richmond Heights,... (Thu, 05 Feb 2009 16:14:10 GMT)

The Business of New York Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online
NEW YORK CITY-On a cold night in late January at Columbia University’s Avery Hall, William Procida--founder of the company that bears his name--stood before an audience of architecture students, investors and other real estate players to present his idea for thawing the nation’s frozen economy and solving its real estate woes. (Thu, 05 Feb 2009 17:07:58 GMT)

The Business of New York Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online
NEW YORK CITY-The trustee liquidating accused fraudster Bernard Madoff's investment company has released a list of presumed victims that number in the thousands--and include well-known names from the real estate community, politics and the sports and entertainment industries. (Thu, 05 Feb 2009 17:53:00 GMT)

Fort Lauderdale Real Estate - Residential Properties Worth Your Investment
Fort Lauderdale real estate offers quality residential properties that homebuyers might find appealing. The city is a well-known tourist attraction and dubbed lovingly by vacationers as the Venice of America. (Thu, 05 Feb 2009 18:08:49 GMT)

Trial to begin Wednesday for Grand Blanc real estate broker Kurt W. Heintz
DETROIT, Michigan -- A trial for a Grand Blanc Township real estate broker accused in a massive mortgage scam is expected to begin Wednesday in U.S. District Court. Kurt W. Heintz is charged with bank fraud in an alleged $20-million... (Thu, 05 Feb 2009 20:00:15 GMT)

Financial District Real Estate Thrives During Recession
In Manhattan’s Financial District, landlords have taken stock of the real estate market and are banking on incentives to keep inventory moving. NY1's Tara Lynn Wagner filed the following report. (Thu, 05 Feb 2009 20:12:06 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, 05 Feb 2009 20:44:21 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, 05 Feb 2009 20:46:38 GMT)

Valley Area Real Estate Transactions
Old Republic Title documented a flurry of real estate transactions at the end of 2008 in its most recent commercial activity report. There were 13 apartment sales, 3 industrial and 13 retail/office sales in the San Fernando, Santa Clarita and Conejo Valleys in December. (Thu, 05 Feb 2009 21:28:14 GMT)

Tunisia: Real Estate Group Wins Prestigious Monte Carlo Travel Market Five Star Diamond Award
Tunis — The real estate group "Kelibia La Blanche", sponsor of Kelibia's main tourist resort won the five star Diamond Award granted by the American Academy of Hospitality Sciences for the best real estate site development in 2009. (Thu, 05 Feb 2009 21:41:30 GMT)

Sacramento ranks high in list of distressed retail real estate
Sacramento ranks No. 9 on a list released Thursday of the metropolitan markets with the largest potential for distressed retail real estate assets. (Thu, 05 Feb 2009 22:53:40 GMT)

Valley Area Real Estate Transactions
Old Republic Title documented a flurry of real estate transactions at the end of 2008 in its most recent commercial activity report. There were 13 apartment sales, 3 industrial and 13 retail/office sales in the San Fernando, Santa Clarita and Conejo Valleys in December. (Thu, 05 Feb 2009 22:57:38 GMT)

Filings Show Real Estate Families’ Madoff Losses
New York’s real estate industry is not only coping with a troubled market that shows few signs of life in the coming months and even years. Now some of the city’s most prominent real estate figures have been hit with a double whammy. (Thu, 05 Feb 2009 23:54:27 GMT)

REAL ESTATE: Couple known for high-end real estate fall into bankruptcy
A couple who made a name and fortune in high-class coastal real estate have crashed into bankruptcy and are asking a court to erase more than $40 million in debt, including $625,000 that stemmed from alleged misuse of a helicopter loan. (Fri, 06 Feb 2009 04:05:19 GMT)

Ideal interest rates will heat up the real estate market in June
VietNamNet Bridge – Analysts believe that the bank interest rates, which have decreased to reasonable levels, will help reactivate the real estate market, making it bounce back in June 2009. (Fri, 06 Feb 2009 07:33:16 GMT)

Lithuanian Demand for Real Estate Fell 70% in January, VZ Says
Feb. 6 (Bloomberg) -- Lithuanian January demand for real estate fell about 70 percent in the year after banks tightened lending, Verslo Zinios reported, citing the registry office. (Fri, 06 Feb 2009 08:04:53 GMT)

REAL ESTATE: Couple known for high-end real estate fall into bankruptcy
A couple who made a name and fortune in high-class coastal real estate have crashed into bankruptcy and are asking a court to erase more than $40 million in debt, including $625,000 that stemmed from alleged misuse of a helicopter loan. (Fri, 06 Feb 2009 08:36:18 GMT)

How to Easily Buy a Fort Lauderdale Real Estate
There are many advantages possible if you want to have a home in Fort Lauderdale. This is why many people want to buy a Fort Lauderdale Real Estate and stay there. For some, it can be their retirement place while there are others who would want to start a family in Fort Lauderdale. (Fri, 06 Feb 2009 09:16:22 GMT)

Commercial real estate values taking heavy hit
The retail industry’s lagging fortunes are hurting some commercial real estate values. (Fri, 06 Feb 2009 09:39:45 GMT)

Real estate sales drop
Real estate sales are down almost 50 per cent, from 176 in January 2008 to 84 in January of this year. Barbara Criegern, president [...] (Fri, 06 Feb 2009 10:35:10 GMT)

CS real estate agent indicted
A College Station real estate agent was indicted Thursday on felony charges of scamming a Hearne couple out of $60,000. According to court documents, Greg Vasut ... (Fri, 06 Feb 2009 12:31:52 GMT)

The Business of New York Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online
NEW YORK CITY-Incisive Media’s Real Estate Group--publisher of GlobeSt.com--has revealed that one of the most trusted journalists covering the commercial real estate market today--Maria Wood--has been named editor of Real Estate New Jersey . Wood, a 16-year veteran of the firm, formerly served as senior editor of Real Estate Forum and managing editor of Real Estate Southern California . The ... (Fri, 06 Feb 2009 12:33:23 GMT)

Isle commercial real estate tanks
The freeze-up in real estate lending last year hit buyers of Hawai'i commercial property hard, according to a new report that said purchases of hotels, shopping centers, office buildings and other commercial real estate plunged from $3 billion in 2007 to (Fri, 06 Feb 2009 12:44:18 GMT)

Three People Charged In Connection With Real Estate Deal In Saratoga Springs
A Utah couple and their agent are charged with several counts of mortgage fraud and forgery for bilking investors of millions of dollars in a real estate development deal gone... (Fri, 06 Feb 2009 13:52:45 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. (Fri, 06 Feb 2009 18:00:00 GMT)

Miami Real Estate -- 3 Tips To Finding The Ideal Home Without Stress
Homebuyers are always on the lookout for the perfect home in Miami real estate . The thousands of available residential units available in the city make it almost impossible to find one without stressing yourself out. (Fri, 06 Feb 2009 18:31:21 GMT)

February Figures Of The Florida Real Estate Market
Almost half a million homes are available for purchase in Florida real estate. Quality residential properties in popular cities, like Miami, Coral Springs, Aventura, and Fort Lauderdale ensure a comfortable and convenient stay in the location of your choice. (Fri, 06 Feb 2009 19:31:51 GMT)

The return of 'gazump,' for real (estate)
LONDON, Feb. 6 (UPI) -- "Gazumping" is back -- a sign there is life, even, well, ferocity in the British housing market, two London real estate brokers said. (Fri, 06 Feb 2009 20:19:20 GMT)

ProLogis puts chunk of Houston real estate on sales block
Real estate titan ProLogis is selling off nearly 25 percent of its Houston portfolio as part of a 33.2 million-square-foot sale nationwide. (PLD) (Fri, 06 Feb 2009 20:58:58 GMT)

Aventura Real Estate - Home Selling Tips For Profit
You need to take into consideration some details to guarantee a profit when selling your profit in Aventura real estate. (Fri, 06 Feb 2009 21:01:21 GMT)

Sarasota Real Estate - Steps In Finding The Right Realtor For The Job
A successful home purchase project in Sarasota real estate requires the right realtors to find you a home and to process all requirements to put it under your name. (Fri, 06 Feb 2009 21:16:21 GMT)

Real-estate agent gets 41 months in prison in mortgage-fraud case
Real estate agent Linda Edwards was sentenced Friday to up to three years and five months in federal prison and ordered to pay nearly $800,000 after her conviction in a mortgage fraud case. (Fri, 06 Feb 2009 23:08:06 GMT)

Real Estate Agents Push For Home-Buying Credit
A proposal in the federal stimulus package being considered could breathe life into the ailing housing market, New Hampshire real estate agents said. (Fri, 06 Feb 2009 23:34:06 GMT)

Real estate: sales way down, prices holding
Over $1 billion in real estate was sold in 2008, according to the year-end report from the Park City Board of Realtors. (Fri, 06 Feb 2009 23:36:59 GMT)

Real estate agent sentenced for mortgage fraud
DENVER - A real estate agent was sentenced to three-and-a-half years in prison on Friday for mortgage fraud. (Sat, 07 Feb 2009 03:29:00 GMT)

Barnett merges with Real Estate III
Barnett Real Estate, which employed six people, is joining Real Estate III, according to an announcement Friday. (Sat, 07 Feb 2009 05:04:23 GMT)

Tribute: Allen Block was a successful real estate man for decades
Who: Allen Block, 93, of Prairie Village. When and how he died: Jan. 19, from cancer. A head for business: Many in the Kansas City area community knew of Allen Block as a successful real estate businessman who was the founder and chairman of the board of Block & Co. Inc. Realtors. A Kansas City native, Block first went into the real estate business in 1936 with the Werby Realty & Investment Co.; ... (Sat, 07 Feb 2009 07:04:03 GMT)

REAL ESTATE: Couple known for high-end real estate fall into bankruptcy
A couple who made a name and fortune in high-class coastal real estate have crashed into bankruptcy and are asking a court to erase more than $40 million in debt, including $625,000 that stemmed from alleged misuse of a helicopter loan. (Sat, 07 Feb 2009 08:19:48 GMT)

Real estate council freezes more bank accounts
For the second time this week, the Real Estate Council of Ontario has frozen bank accounts of a local real estate office. (Sat, 07 Feb 2009 09:45:24 GMT)

Haas earns real estate license
Nineteen-year-old Pearlander Joe Haas, a Realtor with Pathway Real Estate Advisors, has earned his Texas real estate agent’s license. (Sat, 07 Feb 2009 10:54:35 GMT)

Jenan Real Estate Company appoints GRMC as consultants
The Eastern Province's newest player into the real estate development sector, Jenan Real Estate Company, has announced the appointment of GRMC to conduct a market and best-use study for a large scale mixed use project in Al-Khobar. (Sat, 07 Feb 2009 11:45:24 GMT)

Real estate: How to read the chart
Our local multilist service is supplied by Information and Real Estate Services (IRES). (Sat, 07 Feb 2009 12:09:52 GMT)

Jenan Real Estate Company appoints GRMC as consultants.
07 February 2009 Al Khobar, Saudi Arabia: The Eastern Province's newest player into the real estate development sector, Jenan Real Estate Company, has announced the appointment of GRMC to conduct a market and best-use study for a large scale mixed use project in Al-Khobar. (Sat, 07 Feb 2009 12:19:29 GMT)

Mort Zuckerman Stuck with $980 Million Hole in the Ground [Real Estate]
Lawyers vs. real-estate developers? It's a fight almost everyone else wins. Boston Properties, the real-estate empire of U.S. News publisher Mort Zuckerman, has given up on a 39-story tower in Hell's... (Sat, 07 Feb 2009 19:57:30 GMT)

Your Real Estate Budget in Boston
A look at how far your real estate dollar will stretch in Beantown (Sun, 08 Feb 2009 00:18:33 GMT)

Real Estate Transactions
The following real estate transactions were recently recorded at the Sumter County Courthouse. • Southern Pine Plantations of Georgia Inc. gave a deed of correction on 260 acres of land in Sumter County to Joseph G. Dupree. (Sun, 08 Feb 2009 03:01:48 GMT)

Arlington Web site helps commercial real estate searches go high-tech
This month, Arlington became the first Texas city to offer a Web site for commercial real estate listings with Google Earth mapping technology. (Sun, 08 Feb 2009 03:19:41 GMT)

Arlington Web site helps commercial real estate searches go high-tech
By SUSAN SCHROCK ARLINGTON -- Businesses looking to relocate or establish themselves in Arlington have a free high-tech search tool to find the perfect property. This month, Arlington became the first Texas city to offer a Web site for commercial real estate listings with Google Earth mapping technology, which provides detailed satellite views of a property and its surroundings. The free ... (Sun, 08 Feb 2009 03:21:50 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 real estate items as soon as possible, in the order in which they were received. (Sun, 08 Feb 2009 05:28:51 GMT)

Arlington Web site helps commercial real estate searches go high-tech
By SUSAN SCHROCK ARLINGTON — Businesses looking to relocate or establish themselves in Arlington have a free high-tech search tool to find the perfect property. This month, Arlington became the first Texas city to offer a Web site for commercial real estate listings with Google Earth mapping technology, which provides detailed satellite views of a property and its surroundings. The free ... (Sun, 08 Feb 2009 06:07:50 GMT)

Real estate market looking up
The Douglas County real estate market experienced a decline in sales last year, but there were signs of an upturn in December. “Lawrence never really went into the tank, although it did slow down in the fall,” was how the 2008 market was described by Randy Barnes, Lawrence Board of Realtors president. (Sun, 08 Feb 2009 06:08:54 GMT)

Real estate briefs: Management group sees staff growth
Real estate marketing and property management company Management Group 1 had a 25 percent growth in staff during the fourth quarter of 2008 and... (Sun, 08 Feb 2009 06:14:14 GMT)

Commercial connection: Troubled real estate market has a silver lining
Admittedly, my timing was lousy. I started my commercial real estate company in 1991 ... right at the beginning of a nasty recession. (Sun, 08 Feb 2009 06:14:24 GMT)

Real estate investors at home on website
Social networking isn't just for teens keeping in touch via Facebook or MySpace. A Denver entrepreneur is helping real estate investors connect and share ideas through a social-networking site called BiggerPockets.com . (Sun, 08 Feb 2009 07:59:17 GMT)

Haas earns real estate license
Nineteen-year-old Pearlander Joe Haas, a Realtor with Pathway Real Estate Advisors, has earned his Texas real estate agent’s license. (Sun, 08 Feb 2009 08:45:26 GMT)

On the House: Readers tell how they'd revive real estate
What will get the real estate market moving again? That's the question I posed a couple of weeks ago, and once again readers seem to have better ideas than the experts do. (Sun, 08 Feb 2009 11:00:52 GMT)

DESPITE ECONOMY, FIFTH AVE REAL ESTATE REMAINS ROBUST
While the recession is pinching consumer budgets and crushing most of retail, Fifth Avenue's fashionable real estate has remained surprisingly robust, according to vacancy rates and interviews with industry insiders. Vacancy rates along Fifth... (Sun, 08 Feb 2009 11:45:28 GMT)

Real estate: Different indexes track home sales
Our local multilist service is supplied by Information and Real Estate Services (IRES). (Sun, 08 Feb 2009 12:10:25 GMT)

Miami Real Estate -- What It Takes To Own A Quality Home
Having your own residential property in Miami real estate is a worthwhile investment. There are thousands of quality homes in the city that will surely catch your fancy. Getting the best deals in the market is not easy and it will take a whole lot more than having a lot of money in your savings. (Sun, 08 Feb 2009 16:46:21 GMT)

Lisberg: Real estate board is hammerin' for old tax breaks
The Real Estate Board of New York is talking to city and state leaders about jump-starting the market by reopening a once-lucrative tax break known as 421-a. (Sun, 08 Feb 2009 17:13:02 GMT)

WPB commissioner, real estate lawyer say relationship over condo project not unethical
She's a city commissioner and a real estate sales associate. (Sun, 08 Feb 2009 18:29:17 GMT)

(AFX UK Focus) 2009-02-08 18:47 Hypo Real Estate to focus on covered bonds-Spiegel
MUNICH, Feb 8 (Reuters) - German lender Hypo Real Estate , recipient of 92 billion euros ($117.8 billion) in state aid, plans to shrink itself into a pure play German covered bond bank, Der Spiegel reported on Sunday. Roughly 200 billion to 250 billion of the company's near 400 billion euros in total assets on its balance sheet will be affected by the move, it wrote. A portion of the securities ... (Sun, 08 Feb 2009 19:03:22 GMT)

(AFX UK Focus) 2009-02-08 18:47 Hypo Real Estate to focus on covered bonds-Spiegel
MUNICH, Feb 8 (Reuters) - German lender Hypo Real Estate , recipient of 92 billion euros ($117.8 billion) in state aid, plans to shrink itself into a pure play German covered bond bank, Der Spiegel reported on Sunday. Roughly 200 billion to 250 billion of the company's near 400 billion euros in total assets on its balance sheet will be affected by the move, it wrote. A portion of the securities ... (Sun, 08 Feb 2009 19:18:57 GMT)

Real estate prices remain as an X factor
Banks must boost lending and real estate companies reduce prices (Sun, 08 Feb 2009 19:51:58 GMT)

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