Real estate News 05/2012
Pure Industrial Real Estate Trust Announces Agreement to Acquire a Fully ...
Pure Industrial Real Estate Trust Announces Agreement to Acquire a Fully ... (May 1, 2012, Sacramento Bee)
John Hancock Real Estate acquires landmark 150 North Michigan Avenue office ...
John Hancock Real Estate acquires landmark 150 North Michigan Avenue office ... (May 1, 2012, Sacramento Bee)
LMP Real Estate Income Fund Inc. as of March 31, 2012
NEW YORK, May 01, 2012 (BUSINESS WIRE) -- LMP Real Estate Income Fund Inc. (NYSE:RIT) announces its portfolio composition as of March 31, 2012. Investment Objective: The Fund seeks high current income as a primary objective and capital appreciation as ... (May 1, 2012, MarketWatch (press release))
iBuilding Realty Partners Launches with High-Tech Blueprint for Real Estate ...
iBuilding Realty Partners Launches with High-Tech Blueprint for Real Estate ... (May 1, 2012, MarketWatch (press release))
Alexandria Real Estate Equities, Inc. Launches New Website
PASADENA, Calif., May 1, 2012 /PRNewswire via COMTEX/ -- Alexandria Real Estate Equities, Inc. (NYSE:ARE) , the leading owner, operator, and developer of high-quality, sustainable real estate and technical infrastructure for the broad and diverse life ... (May 1, 2012, MarketWatch (press release))
Commercial Real Estate Loan Prices Climb in March
BOSTON, May 01, 2012 (BUSINESS WIRE) -- The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS rose to 87.3% as of March 31, 2012 from 86.9% as of February 29, 2012. Loan values were 79.8% as of March 31, ... (May 1, 2012, MarketWatch (press release))
Commercial Real Estate Development and Construction Rebounds in 2011
Development and construction of commercial real estate - office, industrial and retail buildings - rebounded in 2011, the first year to post gains since the recession began in 2007, according to a report, How Office, Industrial and Retail Development ... (May 1, 2012, MarketWatch (press release))
Stuart M. Saft Joins Holland & Knight as Partner & Co-Chair of NY Real Estate ...
Stuart M. Saft Joins Holland & Knight as Partner & Co-Chair of NY Real Estate ... (May 1, 2012, MarketWatch (press release))
Increases in home sales volume, price indicate momentum for Texas real estate ...
Increases in home sales volume, price indicate momentum for Texas real estate ... (May 1, 2012, MarketWatch (press release))
Alexandria Real Estate Equities, Inc. Reports First Quarter Ended March 31 ...
Alexandria Real Estate Equities, Inc. Reports First Quarter Ended March 31 ... (May 1, 2012, MarketWatch (press release))
Ares Commercial Real Estate Corporation Announces Closing of Initial Public ...
Ares Commercial Real Estate Corporation Announces Closing of Initial Public ... (May 1, 2012, MarketWatch (press release))
Cole Real Estate Investments Crosses Milestone of $10 Billion Total Assets ...
Cole Real Estate Investments Crosses Milestone of $10 Billion Total Assets ... (May 1, 2012, San Francisco Chronicle (press release))
High Demand for High-End Real Estate in Paris
By NOÉMIE BISSERBE PARIS—Storied French mutual insurer Groupama, battered by Europe's sovereign-debt crisis, has put some prime Paris commercial real estate on the block. Fortunately for the firm, demand for top properties has stayed strong even as ... (May 1, 2012, Wall Street Journal)
CoreNet Global Unveils Corporate Real Estate 2020 Transformational Research ...
CoreNet Global Unveils Corporate Real Estate 2020 Transformational Research ... (May 1, 2012, MarketWatch (press release))
China Commercial Property Deals Fueled by Cash-Poor Developers
Chinese real estate companies are selling commercial buildings for funds to complete apartment projects after the government's two-year effort to curb home prices tightened credit. The cash ratio, a measure of liquidity, for developers fell to the ... (May 1, 2012, Bloomberg)
Real estate profile, May 1, 2012
By AUBREY COHEN, SEATTLEPI.COM STAFF Queen Anne is one of Seattle's older neighborhoods but features some fancy contemporary homes. Here are a few for between $777000 and $850000, starting with 2107 2nd Ave. N. The 2537-square-foot house, built in 2012 ... (May 1, 2012, Seattle Post Intelligencer)
Best US Real Estate? Self-Storage Units
By Hui-yong Yu on May 02, 2012 The best real estate investment in the past decade was found at the opposite end from trophy resorts and office towers, in 5-foot-by-5-foot lockers. Self-storage companies, which rent units to small businesses and ... (May 1, 2012, BusinessWeek)
European Property Sales Slide as Funding Shortage Deters Buyers
European real estate sales fell to the lowest in 18 months in the first quarter as reduced debt funding and concerns about slowing growth deterred investors, according to Real Capital Analytics Inc. Sales of commercial real estate, hotels, ... (May 2, 2012, Bloomberg)
Real Estate Industry Exec Brett Miller to Lead Jones Lang LaSalle in Canada
Miller began his career with real estate developer and manager Canderel Limited in Montreal in 1986, where he gained experience in finance, leasing and development. "Jones Lang LaSalle has a strong brand and global platform plus outstanding industry ... (May 2, 2012, MarketWatch (press release))
Macerich posts 1Q loss, but real estate measure up
But a profit measure important to real estate companies improved as it received more rent. The real estate investment trust reported a loss of $14.1 million, or 11 cents per share, for the January-March quarter. That compares with a profit of $34 ... (May 2, 2012, CBS News)
LeClairRyan Adds Significant Commercial Real Estate Team, Bolsters New York ...
LeClairRyan Adds Significant Commercial Real Estate Team, Bolsters New York ... (May 2, 2012, MarketWatch (press release))
Pembrook Completes Four Separate Real Estate Loan Transactions for a Combined ...
Pembrook Completes Four Separate Real Estate Loan Transactions for a Combined ... (May 2, 2012, MarketWatch (press release))
Broadstone Real Estate Announces Promotions And New Hire
ROCHESTER, NY, May 2, 2012 /PRNewswire via COMTEX/ -- Broadstone Real Estate, LLC (BRE) today announced a number of promotions and a new hire. At its annual meeting for Broadstone Net Lease, the company announced that Amy Tait has added the role of ... (May 2, 2012, MarketWatch (press release))
Real Estate News: Getting Away—but Not Too Far
In Paris, High Demand for High-End Real Estate: Storied French mutual insurer Groupama, battered by Europe's sovereign-debt crisis, has put some prime Paris commercial real estate on the block. Fortunately for the firm, demand for top properties has ... (May 2, 2012, Wall Street Journal (blog))
TR Lawing Realty, Inc. Property Managers Earn Top National Real Estate Recognition
CHARLOTTE, NC, May 2, 2012 (GlobeNewswire via COMTEX) -- Three property managers at TR Lawing have earned the highest designation available from the Institute of Real Estate Management (IREM(R)). The Certified Property Manager (CPM(R)) title was ... (May 2, 2012, MarketWatch (press release))
Profits? With Real Estate, It's Not That Flippin' Easy
And if it's a decent property, you're probably going to be fighting many other individuals trying to buy the same house. And when lots of people are vying for one piece of real estate, the price gets bid up and you probably are going to pay market ... (May 2, 2012, Forbes)
Real Estate Investing Education Company, Renatus, Ensures Up-to-Date Course ...
Real Estate Investing Education Company, Renatus, Ensures Up-to-Date Course ... (May 2, 2012, San Francisco Chronicle (press release))
RioCan Real Estate Investment Trust Announces 14% Gain in Operating FFO for ...
RioCan Real Estate Investment Trust Announces 14% Gain in Operating FFO for ... (May 3, 2012, MarketWatch (press release))
LMP Real Estate Income Fund Inc. Announces Results of Annual Meeting of ...
LMP Real Estate Income Fund Inc. Announces Results of Annual Meeting of ... (May 3, 2012, MarketWatch (press release))
Inland Real Estate Corporation Reports First Quarter 2012 Results
OAK BROOK, Ill., May 03, 2012 (BUSINESS WIRE) -- Inland Real Estate Corporation (NYSE:IRC) today announced financial and operational results for the three months ended March 31, 2012. -- Funds From Operations (FFO) per common share was $0.20 for the ... (May 3, 2012, MarketWatch (press release))
Real estate Q&A: If you can afford your mortgage, don't expect a break
Gary M. Singer is a Florida attorney and board-certified as an expert in real estate law by the Florida Bar. He is the chairperson of the Real Estate Section of the Broward County Bar Association and is an adjunct professor for the Nova Southeastern ... (May 3, 2012, Kansas City Star)
Midwest Real Estate Data (MRED) Is Getting Out the Vote
LISLE, IL, May 03, 2012 (MARKETWIRE via COMTEX) -- Midwest Real Estate Data (MRED), the Chicagoland multiple listing service (MLS), announced that it is a finalist for the 2012 "Deliver Customer Satisfaction via Social Media" award from Useful Social ... (May 3, 2012, MarketWatch (press release))
Azeri Oil Fund to Start Property Investment: Dasinmaz
Azerbaijan's State Oil Fund, also known as Sofaz, will start investing in real estate in three to four months as it seeks to increase returns and diversify its holdings, Dasinmaz Amlak magazine reported. Sofaz will initially invest in commercial real ... (May 3, 2012, Bloomberg)
Real Trends 500 Ranks Realogy Subsidiary NRT as No. 1 Residential Real Estate ...
Real Trends 500 Ranks Realogy Subsidiary NRT as No. 1 Residential Real Estate ... (May 3, 2012, MarketWatch (press release))
Tackling Tech in Commercial Real Estate
By Ian Ritter Membership is FREE and provides access to a world of timely information, expert insight and analysis, and an unparalleled array of resources not available from other commercial real estate media outlets. SIGN UP today by simply selecting ... (May 3, 2012, GlobeSt.com)
Commercial Real Estate Hindered by Tight Credit, Realtors Say
A “major portion” of small commercial-property deals in the US have fallen through because of stricter lending standards, according to a National Association of Realtors survey. While the commercial real estate market showed signs of recovery in 2011, ... (May 3, 2012, Bloomberg)
Landmark Real Estate Transaction Completed in Inland Empire
Spearheaded by The KPC Group, the transaction is one of Riverside County's largest and most significant commercial real estate acquisitions in recent years. The buildings at Corona Summit were completed in 2009, however, none of the space was ever ... (May 3, 2012, MarketWatch (press release))
Spain to Set Rules for Banks to Offload Real Estate
Spain will set rules in the coming weeks allowing banks to offload real estate, whose valuations on lenders' books are in line with market prices, Economy Minister Luis de Guindos said. De Guindos said the plan will be voluntary and each bank may set ... (May 3, 2012, Bloomberg)
Marin Modern Real Estate Opens New Agent & Client-centric Office, Expands ...
Marin Modern Real Estate Opens New Agent & Client-centric Office, Expands ... (May 3, 2012, San Francisco Chronicle (press release))
Real Estate Tours The World, Itches To Get Back To The Drawing Board
After many months of performing with his band all over the world, Real Estate frontman Martin Courtney eagerly wants to get back to writing songs. "I think we're all itching to be creative again," Courtney told me backstage before his band opened for ... (May 3, 2012, Huffington Post)
USAA Real Estate Company Announces Plans to Develop Fulfillment Center for ...
USAA Real Estate Company Announces Plans to Develop Fulfillment Center for ... (May 3, 2012, MarketWatch (press release))
Apollo Commercial Real Estate Finance, Inc. Announces First Quarter 2012 ...
Apollo Commercial Real Estate Finance, Inc. Announces First Quarter 2012 ... (May 3, 2012, MarketWatch (press release))
U.K. Commercial Real Estate Falls for Second Straight Quarter
To contact the editor responsible for this story: Ross Larsen in London at [email protected] More News: Europe · UK & Ireland · Real Estate Facebook Share LinkedIn Google +1 COMMENTS Print QUEUE Please enable JavaScript to view the comments ... (May 3, 2012, Bloomberg)
Helping retirees battle the real estate bust
After the real estate market collapsed, retirees were hit especially hard – if they aren't able to find a buyer for their home, they can't move into a retirement community. But one nonprofit is helping senior citizens make the transition, by assisting ... (May 3, 2012, msnbc.com)
Local commercial real estate looking up
The clouds are beginning to lift a little on Wichita's largely stagnant commercial real estate market, with retail growth leading the way. But the city's brokers are clear about this: We're a long way from the skies clearing, thanks to flat job growth ... (May 4, 2012, Chicago Tribune)
Canadian Real Estate Investment Trust Announces First Quarter 2012 Results and ...
Canadian Real Estate Investment Trust Announces First Quarter 2012 Results and ... (May 4, 2012, MarketWatch (press release))
Marathon County real estate transactions
These are the Marathon County real estate transactions for March 26 to March 30. Totals as of March 30 are 433 transactions valued at $58419100. » Smith Trust, William C. Hess, trustee to Alma E. Haroldson, Clyde E. Sidebottom, section 26, town 28N, ... (May 4, 2012, Wisconsin Rapids Tribune)
Celebrity real estate: Manilow and Seacrest re-list
By Zillow staff This week in celebrity real estate, Barry Manilow and Ryan Seacrest re-list their homes, and the home that billionaire Howard Hughes crashed his plane into is on the market. Barry Manilow is back in the game -- at Radio City Music Hall ... (May 4, 2012, msnbc.com)
Best sites to determine your home's value
By Kim Komando Real estate websites can help you analyze where you stand with your home's value. Real estate websites can help you analyze where you stand with your home's value. Nationally, the median list price of a single family home is $189900, ... (May 4, 2012, USA TODAY)
Xinyuan Real Estate Co., Ltd. to Report First Quarter 2012 Financial Results ...
Xinyuan Real Estate Co., Ltd. to Report First Quarter 2012 Financial Results ... (May 4, 2012, MarketWatch (press release))