Real Estate News May 2009

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Judy Lowe takes over as Real Estate Commissioner
Gov. Jan Brewer named a Tucson real estate practitioner to head the state’s Department of Real Estate. Judy Lowe will assume the position of Arizona Real Estate Commissioner that was vacated in January by Sam Wercinski, an appointee of Gov. Janet Napolitano. (Thu, 14 May 2009 22:56:32 GMT)

Morgan Lane Real Estate now at 529 Broadway
After 11 years on the corner of Broadway and East Napa Streets, Morgan Lane Real Estate recently moved across the street and down the block approximately 100 feet 529 Broadway. (Thu, 14 May 2009 23:37:17 GMT)

Real estate agent admits mortgage fraud
GREENBELT, Md., May 14 (UPI) -- A Maryland real estate agent admitted Thursday to participating in a $16 million scheme that defrauded homeowners trying to fend off foreclosure. (Fri, 15 May 2009 00:28:19 GMT)

Real estate trading floors – old wine in new bottle
VietNamNet Bridge – Most real estate trading floors are still in their infancy, which explains why they remain unprofessional. A lot of real estate trading floors have been established recently, with 10 trading floors set up in the last four months alone. (Fri, 15 May 2009 01:34:08 GMT)

New calculation shows DeKalb real estate sinks $1B
The value of real estate in unincorporated DeKalb County has declined about $1 billion since April — after new calculations that include foreclosure prices. (Fri, 15 May 2009 02:05:34 GMT)

Staunton Council adopts $94.2M budget, 90-cent real estate tax rate
By a 5-2 vote, the Staunton City Council adopted on Thursday a $94.2 million fiscal year 2010 budget with a 90-cent real estate tax rate. (Fri, 15 May 2009 04:12:55 GMT)

Detroit schools probes years of real estate deals
Detroit -- Detroit Public Schools has begun investigating every lease and real estate transaction over the last several years to determine whether misspending or overcharging occurred, the district's emergency financial manager told the Detroit News this week. (Fri, 15 May 2009 05:26:51 GMT)

Commercial Real Estate: Tenant buys Hunt Valley building for $7 million
The JBG Cos. of Bethesda has reacquired this 228,020-square-foot Class A property, One Choke Cherry, in Rockville, for $43.5 million. The seller was Morgan Stanley Real Estate — which took a $12 million loss after paying $55 million to buy the building from JBG three years ago. (Fri, 15 May 2009 08:39:32 GMT)

Colliers International Ranked 12th on The 2009 Global Outsourcing 100 List The Top Ranked Commercial Real Estate ...
Colliers International, the global real estate services firm, today announced that it has been ranked 12th in The 2009 Global Outsourcing 100TM list, which recognises the world’s best outsourcing serv (Fri, 15 May 2009 10:07:12 GMT)

Investing In Tampa Real Estate Is Made Easy
Have you heard the testimonies of those people who are investing in real estate? Most of them are saying good things about investing in real estate. But of course earning a lot with the field of real estate depends on the real estate itself. (Fri, 15 May 2009 11:17:52 GMT)

Real estate sales in Wichita area flat, while traffic and contacts increase
Commercial and residential real estate transactions in Sedgwick County were flat in April, a month when many brokers said traffic and sales contacts were up. (Fri, 15 May 2009 12:03:57 GMT)

State real estate sales fall
New Hampshire's real estate sales declined in April, one month after the state's Realtors said they were seeing encouraging trends in the housing market. (Fri, 15 May 2009 12:11:29 GMT)

Agent took roundabout way to commercial real estate
Dennis DeSantis didn't take a straight path into his career as a commercial real estate agent. It's been more of a zigzag — which may be a more appropriate path for a man who includes the neighborhood yo-yo championships of his childhood in his list of his most proud achievements. (Fri, 15 May 2009 13:55:32 GMT)

Goldman Real Estate Woes Hit Investors
Goldman Sachs's investors in its largest real estate private equity fund are taking a beating, according to a report Friday. (Fri, 15 May 2009 15:18:13 GMT)

Country Heights shelves real estate trust plan (Business Times
COUNTRY Heights Holdings Bhd,( 5738 ) a property and leisure group, has shelved plans to sell up to RM500 million in real estate investment trust (REIT) due to unfavourable market conditions. (Fri, 15 May 2009 16:56:45 GMT)

Real Estate Live
Post Real Estate editor Maryann Haggerty and author Elizabeth Razzi discussed the local housing market -- from condos and investment properties to contracts and mortgages. (Fri, 15 May 2009 17:00:00 GMT)

Original Real Estate Stories This Week from Observer.com
The auction for the mansion at 11 East 74th Street is called off. Standard & Poor's delivers pessimistic news for commercial real estate; delinquencies soar. Grubb & Ellis' David Arena touts the positive in the commercial real estate market. Eighteen million might get you William F. and Pat Buckley's old 778 Park maisonette. New York's biggest commercial deals: significant shrinkage. Topshop ... (Fri, 15 May 2009 17:03:07 GMT)

Charter Real Estate Investment Trust (TSX VENTURE:CRH.UN) Announces Distribution of $0.01333 Per Unit
TORONTO, ONTARIO--(Marketwire - May 15, 2009) - Charter Real Estate Investment Trust ("Charter REIT") (TSX VENTURE:CRH.UN) is pleased to announce a $0.01333 per unit distribution for May 2009. The distribution will be paid on June 15, 2009 to unitholders of record on May 29, 2009. Charter REIT currently has approximately 18,282,913 trust units outstanding. Distribution Reinvestment Plan Charter ... (Fri, 15 May 2009 19:05:37 GMT)

Dealership cuts to hit real estate
The decision by U.S. automakers General Motors Corp and Chrysler LLC to close over 2,300 dealerships will hurt the commercial real estate market and pressurize vehicle prices, AutoNation Chief Executive Mike Jackson said on Friday. (Fri, 15 May 2009 19:21:00 GMT)

Is lower county real estate recovering?
Lower Kittitas County — Watchers of the Lower Kittitas County real estate market see the same sales figures and disagree only in timing — for some the recovery has already begun, but others say it’s down the road a bit. (Fri, 15 May 2009 20:04:49 GMT)

Scope out overseas real estate on the Web
Casa, maison, hause. Even for veteran homeowners, buying a home overseas can be a daunting prospect. Fortunately, everything from property listings to details about potential red tape are increasingly available online, if not all in one place. Experts are... Related: Real estate - World Wide Web - Red tape - Business and Economy - United States (Fri, 15 May 2009 21:08:38 GMT)

First Case Of Predatory Lending In Commercial Real Estate?
Is this the first official allegation of predatory lending in the commercial real estate space? A reader passes on a recently filed lawsuit brought by a Long Island retail outlet developer against the institutions that loaned him money. (Fri, 15 May 2009 21:20:53 GMT)

Inland Real Estate closes public offering
Inland Real Estate Corp. said Friday it raised $106.4 million from a public offering of common stock. The offering of 16 million shares was priced at $6.50 per share, with an overallotment option of 1.1 million shares. (Fri, 15 May 2009 21:39:07 GMT)

Twitter Takes Real Estate Sales by Storm
The real estate market is heading into cyberspace as agents search for creative ways to reach home buyers. (Fri, 15 May 2009 23:33:28 GMT)

REAL ESTATE
Will Hudson has joined the Transaction Services Group of Grubb & Ellis | Wilson Kibler, a real estate services and investment firm. Hudson specializes in merchant recruitment, strategic planning, market analysis, site selection and tenant representation. (Sat, 16 May 2009 02:26:44 GMT)

Commercial real estate values slump again in 1st quarter
Report by the MIT Center for Real Estate says values fell another 5.8 percent in the first quarter, meaning a fourth consecutive quarter of decline. (Sat, 16 May 2009 05:13:39 GMT)

Real estate seminars
Learn about first-time home buyer options, buying a home in a senior community, getting a loan for rehabilitation of your home or a career in real estate. (Sat, 16 May 2009 07:15:57 GMT)

NV real estate pros discuss market
Saturday update On April 20 , the Register met with five local real estate professionals to discuss the current market. Topics ranged from bank-owned properties to Upvalley sales and comparisons with other parts of the region. (Sat, 16 May 2009 07:19:13 GMT)

A roundup of real estate personnel items
Weichert, Realtors–On The Gulf Victoria Koga has joined the sales team. Specializing in residential sales and rentals, she serves clients in Collier and Lee counties and is a member of the Naples Area Board of Realtors. Koga is a 20-year area resident. She holds a degree in architecture and worked in that field prior to real estate. Pulte Homes Angela F. Garzone has been named the April sales ... (Sat, 16 May 2009 10:16:31 GMT)

CSU real estate chief leaves post
The head of CSU's real estate office has been "separated" from his post and paid nearly $70,000 in severance after his bosses decided to reorganize the office. (Sat, 16 May 2009 11:08:05 GMT)

Is lower county real estate recovering?
Lower Kittitas County — Watchers of the Lower Kittitas County real estate market see the same sales figures and disagree only in timing — for some the recovery has already begun, but others say it’s down the road a bit. (Sat, 16 May 2009 11:34:48 GMT)

Merger to impact local real estate scene
The merger of two of Denver’s largest real estate brokerages is expected to have major implications for the South Metro area. (Sat, 16 May 2009 13:10:26 GMT)

Is lower county real estate recovering?
Lower Kittitas County — Watchers of the Lower Kittitas County real estate market see the same sales figures and disagree only in timing — for some the recovery has already begun, but others say it’s down the road a bit. (Sat, 16 May 2009 17:34:49 GMT)

Posts from The Chronicle's real estate blog
Many homeowners face facts Reality has finally hit: Most homeowners have come around to the conclusion that their homes aren't worth as much as they were last year. While many are in denial, 60 percent of those surveyed by Zillow, a real estate Web site, said... Related: Real estate - Zillow - Chronicle - Website - United States (Sat, 16 May 2009 22:24:39 GMT)

Morgan Lane Real Estate now at 529 Broadway
After 11 years on the corner of Broadway and East Napa Streets, Morgan Lane Real Estate recently moved across the street and down the block approximately 100 feet 529 Broadway. (Sun, 17 May 2009 03:01:00 GMT)

The real deal: real estate
MARIETTA - If the increased activity of agents at the Keller Williams office on Dallas Highway is any indication of the real estate market, Ricky Nally, an associate broker, said things are starting to swing toward the positive side. (Sun, 17 May 2009 03:10:00 GMT)

Real estate, bank officials lead discussion on market at Kennesaw State University
KENNESAW - What do two bankers, a real estate agent and a builder have in common? (Sun, 17 May 2009 03:10:09 GMT)

REAL ESTATE TRANSACTIONS
The following real estate transactions were filed at the Onondaga County clerk's office. 239 Arlington Ave. $55,000 Secretary of Housing and Urban Development to Gregory W. Zalizniak on April 27. (Sun, 17 May 2009 04:15:33 GMT)

Sold: City a real estate leader
The real estate ceiling collapsed and 134 of 152 metropolitan areas are finding their median sales prices have decreased compared to last year’s numbers, but not here. (Sun, 17 May 2009 04:27:10 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, 17 May 2009 04:27:18 GMT)

Buying opportunities available in commercial real estate market
As commercial real estate property values sink nationwide and foreclosures continue to rise, many analysts say this is the next anvil about to drop on the struggling economy. (Sun, 17 May 2009 05:14:08 GMT)

Real Estate Notes
News, transactions and personnel moves in the real estate industry. (Sun, 17 May 2009 07:03:04 GMT)

Merger to impact local real estate scene
The merger of two of Denver’s largest real estate brokerages is expected to have major implications for the South Metro area. (Sun, 17 May 2009 07:08:11 GMT)

Commercial real estate to crash?
Even as banks grapple with rising foreclosures, many lenders have something else to worry about: a rising tide of potential losses from commercial real estate loans that could reach into the billions. (Sun, 17 May 2009 07:15:17 GMT)

Posts from The Chronicle's real estate blog
Many homeowners face facts Reality has finally hit: Most homeowners have come around to the conclusion that their homes aren't worth as much as they were last year. While many are in denial, 60 percent of those surveyed by Zillow, a real estate Web site, said... Related: Real estate - Zillow - Chronicle - Website - United States (Sun, 17 May 2009 07:49:07 GMT)

New rules mean an increase in real estate appraisal fees
WASHINGTON – How about this scenario the next time you refinance or apply for a new mortgage: The real estate appraisal that used to cost you $325 now costs $450, even though the appraiser doing the work is only getting $175 or $200. (Sun, 17 May 2009 09:20:39 GMT)

CCDC engages leading real estate advisory company Schonbraun MCCANN group SMG-FTI
City Center Development Company, exclusive developer of the Jeddah Central Development Project, has engaged the services of the New York based real estate advisory company the Schonbraun McCann Group, an FTI Company. (Sun, 17 May 2009 10:19:47 GMT)

Real estate experts: It's an excellent time to buy a home
Simultaneous falling home prices and mortgage rates have made 2009 an historic year, according to real estate experts. (Sun, 17 May 2009 12:27:45 GMT)

World's Largest collection of Real Estate Domain names to sell
San Francisco , CA. – May 14, 2009 – The virtual world of the Internet has become a valuable real estate commodity. What would over half a billion annual keyword searches for a $25 trillion asset class be worth? What if these searches included over 2,300 USA major cities? (Sun, 17 May 2009 13:48:07 GMT)

3 Factors Why to Choose Tampa Real Estate
It’s great to look and see what kind of potential we can see in the big sea of real estate nowadays, although we are in a proverbial downturn on our economy, it isn’t as bad as an idea to have everything all in a good point, especially when we talk about Florida real estate in which we all know can be one of the best real estate hot spots in the entire United States. (Sun, 17 May 2009 15:17:57 GMT)

Bulgaria Capital Real Estate Prices to Fall 12% in 2009 - Jones Lang Lasalle
Real estate prices Bulgaria's capital Sofia will drop by 12% in 2009, while those in the capital of neighboring Romania will see a 20% plunge, according to a report of Jones Lang Lasalle consultancy. (Sun, 17 May 2009 15:18:06 GMT)

Real estate experts: It's an excellent time to buy a home
Simultaneous falling home prices and mortgage rates have made 2009 an historic year, according to real estate experts. (Sun, 17 May 2009 18:17:51 GMT)

Merger to impact local real estate scene
The merger of two of Denver’s largest real estate brokerages is expected to have major implications for the South Metro area. (Sun, 17 May 2009 22:05:01 GMT)

Real estate experts: It's an excellent time to buy a home
Simultaneous falling home prices and mortgage rates have made 2009 an historic year, according to real estate experts. (Sun, 17 May 2009 23:51:15 GMT)

BYU-I housing notice irks real estate agents
Associated Press - May 17, 2009 8:24 PM ET REXBURG, Idaho (AP) - Real estate agents in eastern Idaho say proposed changes to a student housing policy at Brigham Young University-Idaho could be... (Mon, 18 May 2009 00:37:48 GMT)

New BYU-I policy has real estate agents up in arms
REXBURG - Real estate agents in eastern Idaho say proposed changes to a student housing policy at Brigham Young University-Idaho could be bad for business. (Mon, 18 May 2009 00:49:02 GMT)

Bank of the West lays off commercial real estate lenders
Bank of the West laid off its only two Kansas City-area employees handling commercial real estate lending as part of a plan to cut 300 to 400 jobs throughout the bank’s 19-state region. (Mon, 18 May 2009 04:49:10 GMT)

BYU-I proposed housing changes irk real estate agents
Real estate agents in eastern Idaho say proposed changes to a student housing policy at Brigham Young University-Idaho could... (Mon, 18 May 2009 05:07:49 GMT)

Industrial real estate market dries up
The recession finally is taking its toll on industrial real estate. (Mon, 18 May 2009 05:13:56 GMT)

Commercial real estate industry gets smaller
As the commercial real estate industry begins to follow residential’s downward slide, local experts are wondering just how much smaller the industry could get. (Mon, 18 May 2009 05:15:27 GMT)

Medical real estate moving at healthy clip
Brokers, contractors and landlords are hot on the trail of one of the few bright spots in a languishing commercial real estate market — medical tenants. (Mon, 18 May 2009 05:20:28 GMT)

Hypo Real Estate Appoints DAB Bank’s Von Uslar as CFO (Update1)
May 18 (Bloomberg) -- Hypo Real Estate Holding AG , the lender bailed out by the German government, appointed DAB Bank AG’s Alexander von Uslar as chief financial officer. (Mon, 18 May 2009 10:52:18 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 April 3. (Mon, 18 May 2009 11:13:12 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 April 3. (Mon, 18 May 2009 11:13:22 GMT)

Abu Dhabi market lifted by energy, real estate firms
The comeback of leading energy and real estate shares lifted the Abu Dhabi Securities Exchange General Index( ADXGI) by 1.04%, closing at 2,592.57 points. (Mon, 18 May 2009 11:35:17 GMT)

Florida Commercial Real Estate Property: A Must in Starting Up Your Own Business
Recent reports show that there is a continuous increase when it comes in the commercial real estate. The reports actually reported that the figures that totals the sale of industrial, retail, hotel apartment and land sales in the year has been up for 1.04 US dollars. (Mon, 18 May 2009 11:48:13 GMT)

Credit flow warming real estate market
VietNamNet Bridge – It is still too early to talk about the recovery of the real estate market. However, experts say that the stronger credit flow is warming up the market. (Mon, 18 May 2009 12:34:08 GMT)

Michigan Termite Case Could Hike Liability for Real Estate Sellers
A dispute over termites now before the Michigan Supreme Court could affect the liability of sellers of real estate. When Richard and Stacey Roberts bought an old house for $475,000 on ... (Mon, 18 May 2009 14:16:12 GMT)

Miami Real Estate - What A Homebuyer Can Do To Get A Cheap Home Deal In The City
Modern homebuyers are always on the look-out for the cheapest home to buy in the Miami real estate market. The city is a great place to relocate -- good economy, scenic views, modern facilities and conveniences, and not to mention the opportunities to be had in both income and profit. (Mon, 18 May 2009 15:47:51 GMT)

Homebuyer's Guide To A Tampa Real Estate Home Purchase
Nothing can make us happy than getting a quality home at a price at fits our budget in Tampa real estate. The city is a well-known haven for homebuyers who are looking for residential properties sold below the market value -- and in good condition too. (Mon, 18 May 2009 16:02:56 GMT)

Nigeria: UPDC Braces for Bleak Real Estate Scene - Posts Impressive Results
UACN Property Development Company Plc (UPDC) is bracing up for the challenges expected from a declining Nigerian real estate market occasioned by the global financial recession and the subsequent liquidity squeeze in the local banking sector thereby restricting access to credit facilities from banks. (Mon, 18 May 2009 16:06:09 GMT)

Indiabulls Real Estate Said to Be Selling $378 Million of Stock
May 18 (Bloomberg) -- Indiabulls Real Estate Ltd. , India’s third biggest developer, is offering to sell 97.9 million shares to investors at 185 rupees apiece, a person familiar with the share sale said. (Mon, 18 May 2009 17:27:26 GMT)

Commercial real estate falls off the cliff
To get a sense of just how steeply the commercial real estate market has plunged in recent months, take a look at this data just published by real estate tracking service LoopNet. (Mon, 18 May 2009 18:25:37 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, 18 May 2009 21:27:37 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, 18 May 2009 21:29:49 GMT)

(AFX UK Focus) 2009-05-18 23:22 UPDATE 1-Simon says owning real estate is best for Target
LOS ANGELES, May 18 (Reuters) - Simon Property Group Inc told Target Corp the discount retailer would be better served by maintaining ownership of its real estate rather than transferring it to a separate company. Pershing Square Capital Management, the hedge fund engaged in a proxy battle with Target for weeks, has proposed that the retailer transfer its real estate into a new independently ... (Mon, 18 May 2009 22:47:35 GMT)

Real estate transactions: FBR may allocate electronic TRNs to buyers and sellers
ISLAMABAD (May 19 2009): The Federal Bureau of Revenue (FBR) may include electronic allocation of Trial Registration Numbers (TRNs) to buyers and sellers of property with the objective of evaluating the number of real estate transactions for tax purposes. (Mon, 18 May 2009 23:05:55 GMT)

Global Economic Downturn's Impact On Real Estate
Los Angeles – May 18 – The Global Economic Downturn: Its Impact on Real Estate, a new Global MarketView just issued by CB Richard Ellis (CBRE) Research, analyzes global economic trends and their impact on commercial real estate. (Tue, 19 May 2009 01:55:55 GMT)

Jon Altschuler to open his own real estate services firm
After working for big Dallas real estate firms for nearly 15 years, well-known executive Jon Altschuler is striking out on his own. (Tue, 19 May 2009 03:17:39 GMT)

Appomattox County supervisors OK real estate tax rate hike
APPOMATTOX — The real estate tax rate in Appomattox County will increase by four cents, a much lower increase than the Board of Supervisors advertised for its budget public hearing held last week. (Tue, 19 May 2009 04:13:32 GMT)

NV real estate pros discuss market
Saturday update On April 20 , the Register met with five local real estate professionals to discuss the current market. Topics ranged from bank-owned properties to Upvalley sales and comparisons with other parts of the region. (Tue, 19 May 2009 07:19:19 GMT)

City requires higher tax-data accuracy in real estate ads
A new Baltimore city ordinance requires the disclosure of more-accurate information about property taxes in real estate advertisements - an effort to clamp down on misleadingly low figures that can cause panic for buyers when they realize they have to pay far higher taxes than the previous owner. (Tue, 19 May 2009 07:35:50 GMT)

US real estate market 'a good buy', US expert tells Saudi investors
19 May 2009 JEDDAH - The recent developments brought about by global economic downturn and weak US currency transformed the US real estate sector into a very attractive buy for investors in the Gulf, especially in Saudi Arabia, as the regional economy remains buoyant. (Tue, 19 May 2009 08:55:03 GMT)

Tampa Real Estate A Place Of Great Homes
There are lots of properties that you can choose if you are planning to relocate in Tampa real estate. There are single-family home, condo units, residential home and a lot more. (Tue, 19 May 2009 10:47:51 GMT)

Research and Markets: 2009 U.S. Real Estate Credit Industry Report
DUBLIN----Research and Markets has announced the addition of the "2009 U.S. Real Estate Credit Industry Report" report to their offering. (Tue, 19 May 2009 11:14:00 GMT)

Five percent of real estate assessments to be higher, Greene County assessor says
About five-and-one-half percent of Greene County's 119,425 real estate parcels will see higher assessments for the past two years in the latest assessment process, according to Greene County Assessor Rick Kessinger. (Tue, 19 May 2009 13:00:18 GMT)

Commercial Real Estate Defaults: 2010 To 2013 Will Be Worst, With $67 Billion "Lost"
nd the most dangerous time for banks will be 2010 to 2013 when $1 trillion in commercial real estate loans will mature and -- like homeowners before them -- owners of commercial properties will need to refinance. (Tue, 19 May 2009 13:23:06 GMT)

Real estate investors see opportunities in Asian markets
SINGAPORE: Global real estate investors are looking to tap on to growing opportunities in Asian markets. Experts speaking at an industry event, Cityscape Asia 2009, in Singapore on Tuesday said China currently offers the most potential. (Tue, 19 May 2009 14:03:52 GMT)

Properly Selling A Home In Tampa Real Estate - Some Tips For Beginners
Keep in mind that it is much easier to buy a home in Tampa real estate then selling it out to the general public. You can easily ask a realtor to buy you a property in the city, but it would be more profitable for you to sell one on your own if you want to get all the profit out of the project. (Tue, 19 May 2009 16:14:25 GMT)

Real estate prices show upward trend in April
An uptick in real estate prices and more home sales in April are fresh evidence the Lower Mainland housing market may have found its footing after a steep recession-driven drop. (Tue, 19 May 2009 17:38:14 GMT)

Fed Broadens Efforts To Revive Commercial Real Estate Market
WASHINGTON -(Dow Jones)- The Federal Reserve is broadening efforts to get credit flowing to the commercial real estate market, announcing Tuesday that it will soon accept so-called legacy bonds as collateral under its Term Asset- Backed Securities Loan Facility. (Tue, 19 May 2009 18:22:43 GMT)

Federal Reserve to Widen Commercial Real Estate Lending Program
The Federal Reserve said today that it will expand a key lending program to support existing commercial real estate loans, broadening the central bank's rescue of the financial system to deal directly with some of the assets weighing down banks. (Tue, 19 May 2009 18:31:00 GMT)

Federal Reserve to include wider variety of commercial real-estate securities in TALF program
WASHINGTON - The Federal Reserve starting in July will include a wider variety of commercial real estate securities in a program aimed at sparking consumer and business lending. (Tue, 19 May 2009 18:44:01 GMT)

Indiabulls Real Estate raises $550 mn through QIP
Indiabulls Real Estate (Ibrel), a major property developer, has raised $550 million (Rs 2,585 crore) by selling shares at a discount to overseas investors on Monday, a person involved with the share sale said. (Tue, 19 May 2009 18:54:13 GMT)

Miami Real Estate Homebuying Tips
A homebuyer's paramount concern is to buy the perfect home in Miami real estate at a price that fits their budget for the investment. There are thousands of properties you can buy in the city -- previously-owned properties, new homes, bank-owned or foreclosed units, and more. (Tue, 19 May 2009 19:22:11 GMT)

UPDATE: Fed Boosts Efforts To Aid Commercial Real Estate
(Updates with more details on new TALF terms.) WASHINGTON -(Dow Jones)- The Federal Reserve is broadening efforts to get credit flowing to the commercial real estate market, announcing Tuesday that it will soon accept older bonds as collateral under its Term Asset-Backed Securities Loan Facility. (Tue, 19 May 2009 19:53:08 GMT)

QFIB picking up 12% in Dubai real estate firm
Qatar First Investment Bank (QFIB) is picking up a 12% stake in Dubai-based Nobles Properties and will explore investment avenues in real estate in the country and abroad. (Tue, 19 May 2009 19:55:18 GMT)

Receiver in Stanford Case Files Motion to Sell Real Estate
The receiver in the Stanford case has filed a motion that, if granted, would allow the sale of company-owned real estate. (Tue, 19 May 2009 20:34:18 GMT)

Morgan Lane Real Estate now at 529 Broadway
After 11 years on the corner of Broadway and East Napa Streets, Morgan Lane Real Estate recently moved across the street and down the block approximately 100 feet 529 Broadway. (Tue, 19 May 2009 21:33:36 GMT)

Denver tops on 'Today' show list of cities poised for real-estate rebound
Denver was named America's No. 1 city on the verge of recovery from the real-estate slump in a segment Tuesday on NBC's "Today" show. (Wed, 20 May 2009 00:14:44 GMT)

Coastal Bank to present free real-estate tax-credit seminar
RINCON - The Coastal Bank is sponsoring a free real estate tax credit seminar June 2 for first-time homebuyers who may qualify for the federal tax credit this year. (Wed, 20 May 2009 01:52:04 GMT)

Fed expands real estate securities
The Federal Reserve starting in July will include a wider variety of commercial real estate securities in a program that's... (Wed, 20 May 2009 03:28:22 GMT)

Indiabulls Real Estate sells $556 mln in shares
MUMBAI, May 20 (Reuters) - Indiabulls Real Estate Ltd said on Wednesday it raised 26.56 billion rupees ($555.6 million) by selling shares to institutional investors at 185 rupees each. (Wed, 20 May 2009 04:03:51 GMT)

Kauai real estate executive pleads not guilty to theft charges
A Kauai real estate executive pled not guilty to charges that he stole more than $1 million from four different victims, the state Attorney General's Office announced today. (Wed, 20 May 2009 04:10:47 GMT)

Indiabulls Real Estate raises Rs 2,656 cr via QIP
MUMBAI: Indiabulls Real Estate on Wednesday said it has raised Rs 2,656.50 crore through issue of shares on institutional placement basis at a price of Rs 185 a share. (Wed, 20 May 2009 06:36:52 GMT)

Real estate and construction industry is looking for best practice to face future
The real estate and construction industry is currently focusing on possible savings and managing efficiencies, especially with and through facilities management. (Wed, 20 May 2009 08:04:57 GMT)

Indiabulls Real Estate raises Rs 2,656 cr via QIP
Indiabulls Real Estate today said it has raised Rs 2,656.50 crore through issue of shares on institutional placement basis at a price of Rs 185 per share. (Wed, 20 May 2009 08:28:28 GMT)

Guidelines In Acquiring Property In Fort Lauderdale Real Estate
Everybody wants to have a successful acquisition of property in Fort Lauderdale real estate. There are things that you have to keep in mind in order to make a successful purchase and will not regret it in the future. (Wed, 20 May 2009 11:18:11 GMT)

Selling Your Home In Tampa Real Estate
Selling your Tampa real estate home is not easy. You do not go to the market and just put a sign “For Sale” and everything will come easily. You have to do something in order to assure you can sell your home quickly and not to let it stay in the market for a long time. (Wed, 20 May 2009 11:18:21 GMT)

Real estate complaints double
REAL estate complaints have more than doubled in a year, figures show. (Wed, 20 May 2009 12:59:29 GMT)

Commercial Real Estate Hurt by Credit Crunch and Weak Economy
WASHINGTON, DC--(Marketwire - May 20, 2009) - The general economic downturn, complicated by a severe credit crunch in commercial real estate, is dampening commercial real estate activity. In addition, a forward-looking index shows the forecast for commercial real estate sectors will remain weak for the remainder of the year, according to the National Association of Realtors®. Lawrence Yun , NAR ... (Wed, 20 May 2009 14:06:10 GMT)

Commercial Real Estate To Remain Weak, NAR Says
Commercial Real Estate To Remain Weak, NAR Says (Wed, 20 May 2009 15:03:48 GMT)

Real estate website features home-sales map, virtual tours
A home on S. Rengstorff Avenue in Mountain View sold for $258,000 on April 30, 2009. The home previously sold for $420,000 in November 2005. Palo Alto Online's real estate website features a listing of homes sold in Palo Alto and surrounding cities. Visit [http://www.paloaltoonline.com/re PaloAltoOnline.com/real_estate] for a map of homes for sale, real estate stories, neighborhood ... (Wed, 20 May 2009 16:27:30 GMT)

Beach books: Real estate turmoil provides good reading
By Joseph Finora Jr. Ever since the 1620s, when Dutch colonial leader Peter Minuit bought Manhattan island from the local Native Americans for about $24 in trinkets, it seems that people have been obsessed with making fast money in real estate. (Wed, 20 May 2009 16:50:08 GMT)

Real estate questions? Here are some answers from a local pro
McAlester’s Victoria Crowl, owner of House Real Estate of Oklahoma L.L.C., answers some important questions about the McAlester real estate climate. Crowl provided these answers to the News-Capital and they represent her views only and not necessarily those of the newspaper or its staff. (Wed, 20 May 2009 16:51:31 GMT)

Foreign investors pick 10% in Indiabulls Real Estate
Foreign investors are aggressively renewing their interest in the Indian real estate sector. Overseas investors such as Fidelity, HSBC, TPG and Moor Capital on Monday lapped up the entire $553-million (Rs 2,656 crore) share sale issue of Indiabulls Real Estate (Ibrel). (Wed, 20 May 2009 18:57:18 GMT)

Commercial Real Estate Owners Find Silver Lining in Economic Downturn
ORLANDO, FL--(Marketwire - May 20, 2009) - Amidst the rising amount of foreclosures and bankruptcies distressing real estate owners nationwide, a new trend has developed to help landlords generate revenue in an unsuspecting place, a vacant storefront. U.S. commercial real estate values were down another six percent in the first quarter, and the Mortgage Bankers Association recently reported that ... (Wed, 20 May 2009 19:04:35 GMT)

3 Tips In Getting The Perfect Vacation Home In Miami Real Estate
A vacation in Miami is what the doctor ordered if you just want to get away from it all -- work, stress, problems, and the like. But if you want to make the most out of your vacation then you need the perfect home in Miami real estate that would serve as the foundation of your stay in the city. (Wed, 20 May 2009 19:25:37 GMT)

Commercial Real Estate Activity Expected To Remain Weak Through 2009
(RTTNews) - The commercial real estate market fell nearly 5 percent in the first quarter of 2009, the National Association of Realtors revealed Wednesday. The report urged the Federal Reserve to take action to boost activity in the sector, which is down nearly 13 percent from a year ago. (Wed, 20 May 2009 21:05:59 GMT)

Chang’s Redwood Real Estate Starts Residential Fund (Update1)
May 20 (Bloomberg) -- Redwood Real Estate Partners Inc. , the real-estate firm founded by the brother and former coach of tennis player Michael Chang , plans to buy $500 million of residential properties with its first fund focused on distressed housing, as it seeks to capitalize on soaring foreclosures. (Wed, 20 May 2009 21:52:22 GMT)

REAL ESTATE: If your life is stable, it's time to buy
Today's market for residential real estate is made up of deals arising from broken loan modifications, short sales, foreclosures, bank owned properties, distressed sellers, receiverships and bankruptcy trustees. (Thu, 21 May 2009 01:19:26 GMT)

REAL ESTATE: Detail your house for fast sale
To get the most money for your home with the least expense and work, real estate experts say these items should be at the top of your to-do list: (Thu, 21 May 2009 01:19:36 GMT)

REAL ESTATE: Foreclosures, booming sales make predictions difficult
In a January story previewing the real estate market in 2009, the North County Times painted a murky picture of increasing sales mixed with falling prices and a disconcerting level of foreclosures. (Thu, 21 May 2009 01:19:56 GMT)

REAL ESTATE: Buyers market, with a caveat
Though real estate prices have been tumbling for three years, some residents say the homebuying process is surprisingly competitive. (Thu, 21 May 2009 01:20:16 GMT)

REAL ESTATE: Investors are back, but cautious
Investors have returned to the regional housing market, sometimes scooping up dozens of houses from distressed banks in all-cash deals, according to sales data and real estate agents. (Thu, 21 May 2009 01:20:37 GMT)

Commercial real estate now in the TARP mix
Commercial real estate lending has become another key process in US Federal Reserve stimulus plans. (Thu, 21 May 2009 01:31:45 GMT)

El Pasoan appointed to real estate board
AUSTIN -- El Pasoan Dona Scurry was appointed to the Texas Real Estate Commission, Gov. Rick Perry announced Wednesday. (Thu, 21 May 2009 06:18:34 GMT)

REAL ESTATE: If your life is stable, it's time to buy
Today's market for residential real estate is made up of deals arising from broken loan modifications, short sales, foreclosures, bank owned properties, distressed sellers, receiverships and bankruptcy trustees. (Thu, 21 May 2009 07:19:34 GMT)

Billionaire Li Ka-shing Says Real Estate Is Good Investment
May 21 (Bloomberg) -- Hong Kong billionaire Li Ka-shing said real estate is a good investment. (Thu, 21 May 2009 08:10:17 GMT)

Real estate panel to meet Friday
The Alabama Real Estate Commission will meet at 9 a.m. Friday. (Thu, 21 May 2009 09:11:24 GMT)

Li Ka-shing Says Real Estate Is Still Good Investment (Update2)
May 21 (Bloomberg) -- Hong Kong billionaire Li Ka-shing , who controls Hong Kong’s second-largest developer by market value, said real estate is a good investment. (Thu, 21 May 2009 09:54:01 GMT)

Real estate agent held in DDA scam
New Delhi, May 21 : Delhi Police Thursday said they have arrested a real estate agent for selling one of the flats, allotted in the name of one of the fake applicants, in the multi-million Delhi Development Authority (DDA) housing scam. (Thu, 21 May 2009 11:14:04 GMT)

Insurers: Pain from Commercial Real Estate?
America's deteriorating commercial real estate picture has a special resonance for U.S. life insurers because of the approximately $310 billion, industrywide, that they've invested in commercial and multifamily mortgages. (Thu, 21 May 2009 12:08:41 GMT)

Century 21 opens local real-estate franchise
US-based residential real-estate sales organisation Century 21 International has opened a franchise in Thailand. (Thu, 21 May 2009 14:14:05 GMT)

Real estate economist Lawrence Yun coming to Tampa
Tampa real estate practitioners will have a chance to meet with Lawrence Yun, the chief economist for the National Association of Realtors. (Thu, 21 May 2009 14:49:13 GMT)

Real estate panel to meet Friday
The Alabama Real Estate Commission will meet at 9 a.m. Friday. (Thu, 21 May 2009 15:42:15 GMT)

Developers Get Word Out On Real Estate Project
The developers of an unprecedented real estate project in northwest Bakersfield are doing whatever it takes to get the word out. (Thu, 21 May 2009 18:00:05 GMT)

Real estate showing some signs of life
in Greenville By CHEYENNE HARTY - For the Delta Democrat Times GREENVILLE — The real estate market is showing signs of life here. But while local agents report an increase in activity, new federal appraisal regulations, some say, are making it harder to close the deal. (Thu, 21 May 2009 18:41:42 GMT)

Li: Real estate good but be careful on stocks (Business Times
HONG KONG: Billionaire Li Ka-shing said real estate is a good investment. “Inflation will come and when that comes, it will increase the cost for home financing,” he told reporters after the annual shareholder meeting of Cheung Kong (Holdings) Ltd yesterday. (Thu, 21 May 2009 18:59:10 GMT)

Carl Icahn Buys UltraShort Real Estate ProShares, sells Anadarko Petroleum Corp. ...
This is the Q1 portfolio update of Carl Icahn 's Icahn Capital Management LP. Carl Icahn likes to buy distressed situations. He is also a famed active investor, buy shares in a company and push for change. , he must see a lot of them these days. Carl Icahn owns 20 stocks with a total value of $2.3 billion. These are the details of the buys and sells. Carl Icahn buys UltraShort Real Estate ... (Thu, 21 May 2009 19:04:21 GMT)

Amber Alerts to be issued to Winnipeg real estate agents
Winnipeg real estate agents have become part of the Amber Alert emergency chain. (Thu, 21 May 2009 20:33:36 GMT)

REAL ESTATE
Residential real estate In this section you can find different offers on residential real estate from the leading real estate agencies: Apartments for all tastes: standard to luxurious, short or long terms. (Thu, 21 May 2009 23:27:32 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, 21 May 2009 23:29:42 GMT)

New law exempts real estate professionals
Gov. Linda Lingle has signed into law a bill that excludes real estate professionals from the definition of a distressed property consultant under a law passed last year. (Fri, 22 May 2009 00:19:12 GMT)

Lufkin Realtor a new appointment to state real estate commission
Gov. Rick Perry recently has appointed Lufkin Realtor Jaime Blevins-Hensley as one of three new members to the Texas Real Estate Commission. (Fri, 22 May 2009 03:28:28 GMT)

Asian Real Estate Shares Gain on Li Recommendation; Sony Falls
May 22 (Bloomberg) -- Asian financial and real estate stocks rose after billionaire Li Ka-shing recommended property investments, countering slumps by electronics and mining shares. (Fri, 22 May 2009 04:08:57 GMT)

Signs of real estate recovery an illusion?
While a recent surge of pending home sales signaled a possible recovery of the Seattle area's real estate market, many of those deals have not actually closed. (Fri, 22 May 2009 06:37:13 GMT)

REAL ESTATE INDUSTRY IN PERAK NOT AFFECTED BY POLITICAL CRISIS
IPOH, May 22 (Bernama) -- The real estate industry in Perak has not experienced any negative impact even though the political crisis in the state has disrupted the state's administration. (Fri, 22 May 2009 07:46:57 GMT)

Real estate buyer's market extends to New York's well-heeled Hamptons
BRIDGEHAMPTON, N.Y. -- The good news is there are bargains to be had in the Hamptons real estate market. The bad news as Memorial Day beckons, is you will still need deep pockets, aka millions, to get in the game. (Fri, 22 May 2009 08:23:01 GMT)

The Need for a Competent Agent When Selling Your Fort Lauderdale Real Estate
Once you finally decide to put your house for sale in the market there are few things that you have to know about the process of selling your home in Fort Lauderdale real estate. Every buyer does inspection for whatever they purchase. (Fri, 22 May 2009 11:33:26 GMT)

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