Real estate News 12/2012
The women helping shape Austin's commercial real estate scene
When Diana Zuniga recently stepped onto the stage at the Austin Country Club, it was to accept the first-ever award by CREW Austin as the top woman in commercial real estate for 2002-2012. The inaugural event marked the 10-year anniversary of CREW ... (Nov 30, 2012, Austin American-Statesman)
Vail Valley real estate continues slow recovery
Land Title Guarantee Co. this week released a year-to-date summary of real estate in a six-county region that includes Eagle County shows that through the first three quarters of year, sales were up 18 percent over the same period in 2011. With the ... (Nov 30, 2012, Vail Daily News)
Real estate agents see brighter tomorrow for home values and sales
JOLIET — Jim Karges believes the local real estate market has hit rock bottom and it appears to be on the upswing. He should know. Karges has been a real estate agent for 35 years and his office is No. 1 for sales in Joliet and Shorewood. Karges said ... (Dec 1, 2012, Chicago Sun-Times)
REMI Releases Real Estate Marketing Tips After Zillow's Purchase of HotPads
The Real Estate Marketing Insider released its statement on NASDAQ's news that Zillow, the online real estate database and listing site, will purchase HotPads, a San Francisco-based real estate rental listing site, for $16 million. REMI congratulated ... (Dec 1, 2012, Equities.com)
Building your real estate Dream Team
Now that the NBA season is in full gear, our thoughts turn to basketball, and of course, real estate. What does basketball have to do with real estate? If you want to win the home of your dreams, you need to make sure you have built a “dream team” for ... (Dec 1, 2012, Fox News)
Commercial real estate agents challenged to find best matches of properties ...
Commercial real estate agents challenged to find best matches of properties ... (Dec 1, 2012, Press of Atlantic City)
Real Estate Mogul Preston Ely Spreads The Word About The Death Of Real ...
Real Estate Mogul Preston Ely Spreads The Word About The Death Of Real ... (Dec 1, 2012, San Francisco Chronicle)
Limiting real estate deductions could affect home values
WASHINGTON — What would happen to home values in the event that popular real estate deductions for mortgage interest and local property taxes were cut significantly? It's an issue you're likely to hear more about as Congress and the Obama ... (Dec 2, 2012, Los Angeles Times)
Real estate transactions for Hampden, Hampshire and Franklin counties, Dec. 2 ...
Real estate transactions for Hampden, Hampshire and Franklin counties, Dec. 2 ... (Dec 2, 2012, MassLive.com)
Affiliate of Blackstone Real Estate Partners to buy Apple REIT Six for $1.2 ...
Affiliate of Blackstone Real Estate Partners to buy Apple REIT Six for $1.2 ... (Dec 2, 2012, Virginia Business Magazine)
Mixed-use commercial real estate fares better
Gregg Riva, a senior vice president with Colliers International who represented Majestic Glove in real-estate transactions for a new headquarters, said most landlords with local industrial space weathered the past few years much better than property ... (Dec 3, 2012, HeraldNet)
Hong Kong stocks rise, with real-estate strong
LOS ANGELES (MarketWatch) -- Hong Kong stocks rose Monday, with financial shares mixed but with gains for real-estate names helping support the market. The Hang Seng Index (HK:HSI) rose 0.3% to 22,101.62, while among mainland Chinese firms, ... (Dec 3, 2012, MarketWatch)
Real Estate Fuels 'Black Money' Racket in India
Black money involves owners and investors in industries other than real estate but real estate has been the biggest and most visible source because it has never been regulated in India. The government says black money can be present in every stage of a ... (Dec 3, 2012, World Property Channel)
Wheeler Real Estate Investment Trust, Inc. Announces Initial Cash Dividend of ...
Wheeler Real Estate Investment Trust, Inc. Announces Initial Cash Dividend of ... (Dec 3, 2012, iStockAnalyst)
Monmouth Real Estate Investment Corporation Announces Redemption Of ...
Monmouth Real Estate Investment Corporation Announces Redemption Of ... (Dec 3, 2012, Sacramento Bee)
Grandbridge Real Estate Capital completes purchase of California commercial ...
Grandbridge Real Estate Capital completes purchase of California commercial ... (Dec 3, 2012, Sacramento Bee)
Retail real estate market may be heating up
The retail real estate market is at the tipping point where rents and prices will rise, and vacancy rates will drop, so those who hesitate will lose, the keynote speaker at the International Council of Shopping Centers leasing convention said Monday ... (Dec 3, 2012, NorthJersey.com)
Real Estate News: Corporate Retreats as an Art Form
The Commish: Retreats as an Art Form: Many commercial real-estate firms reward their top brokers by flying them off for a weekend to Las Vegas or Palm Springs. At Studley, though, the firm has turned the corporate retreat into an art form. What's the ... (Dec 3, 2012, Wall Street Journal (blog))
Real Estate Underwriting Needs To Change
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 which free ... (Dec 3, 2012, GlobeSt.com (blog))
One Woodward Detroit: Dan Gilbert Adds Downtown Skyscraper To Downtown ...
One Woodward Detroit: Dan Gilbert Adds Downtown Skyscraper To Downtown ... (Dec 3, 2012, Huffington Post)
Helen Carey, real estate broker
Mrs. Carey began her real estate career in the early 1960s as the property manager of alley dwellings in Foggy Bottom. She obtained a real estate broker's license in 1964 and subsequently opened a real estate office in Capitol Hill. She was a founding ... (Dec 3, 2012, Washington Post)
VLP Expands Real Estate Practice with Addition of Tarun Chandran
PALO ALTO, Calif., Dec. 3, 2012 (SEND2PRESS NEWSWIRE) — VLP Law Group LLP is pleased to announce the expansion of its real estate practice with the addition of Tarun Chandran, who joins as a partner based in Chicago. Mr. Chandran brings ... (Dec 3, 2012, TippNews DAILY)
Marin County psychiatrist disciplined over alleged real-estate talks with patient
MARIN COUNTY -- A Kentfield psychiatrist was reprimanded by state regulators on allegations he used a patient's therapy sessions to talk about the real estate business, the state medical board said. Dr. Stephen Merritt Raffle was "grossly negligent ... (Dec 3, 2012, San Jose Mercury News)
Real estate: Find opportunity next year
Home prices are expected to rise a modest 1% from the fourth quarter of this year to the end of 2013, according to the real estate research firm Fiserv. David Stiff, Fiserv's chief economist, notes that after some choppiness early on, prices should ... (Dec 3, 2012, CNN)
Real estate courses teach Realtors to do business 'glocally'
Thirty-four real es-tate professionals attended the National Association of Realtors Certified International Property Specialist Institute offered at the Silicon Valley Association of Realtors on Nov. 26-30. Attendees included members from the local ... (Dec 3, 2012, San Jose Mercury News)
Real estate recovery sounds familiar
Residential real estate activity is expected to account for more than half of the nation's admittedly weak economic growth over the final three months of this year, according to Pat Newport, an economist at IHS Global Insight in Lexington. The housing ... (Dec 3, 2012, Boston Globe)
Dan Gilbert's Rock Ventures buys One Woodward Building
Quicken Loans Inc. founder Dan Gilbert's downtown real estate portfolio has expanded another 333,000 square feet with the purchase of downtown's One Woodward Building. Rock Ventures LLC, announced the purchase of the building, confirming previous ... (Dec 4, 2012, Crain's Detroit Business)
Two Principal Real Estate Investors' Funds Achieve High Sustainability Ranking
Principal Real Estate Investors, one of the largest institutional real estate managers in the United States, has two funds ranked top three by category in the 2012 Global Real Estate Sustainability Benchmark (GRESB) survey. The CorePlus Real Estate ... (Dec 4, 2012, Equities.com)
Experienced Anoka County Real Estate Agent Receives Chairman's Award ...
Experienced Anoka County Real Estate Agent Receives Chairman's Award ... (Dec 4, 2012, Equities.com)
Re/Max real estate agents to sport Passbook business cards on Apple's iPhone
Mobile business card maker Vizibility announced on Tuesday that Re/Max Regional Services, one of the real estate organization's largest franchisors in the U.S., is now offering digital business cards to its 4,500 real estate brokers and agents. Those ... (Dec 4, 2012, Apple Insider)
Farm real estate in Missouri sells for as much as $7000 an acre
In another indication of rising interest in farm real estate, United Country – Nelson Real Estate & Auction Co. of Bethany, Mo., on Tuesday said about 433 acres of Missouri crop land sold in four separate tracts at a recent auction. The land sold for ... (Dec 4, 2012, Kansas City Star)
Saudi Real Estate Rises on Labor Requirement Bets: Riyadh Mover
Saudi Real Estate Co. (SRECO) rose to the highest level in eight months on speculation construction companies may be exempt from penalties on businesses where the majority of workers are non-Saudis. The shares advanced 2.8 percent to 29 riyals, the ... (Dec 4, 2012, Bloomberg)
Real Estate, Poker and the Humanities
Growing up, my father was in the casino business -- on the real estate side of it. I became fascinated with poker. My dad, stuck in meetings all day, would give me a hundred bucks, and I would sneak into a poker room somewhere, put my headphones on ... (Dec 4, 2012, Huffington Post (blog))
Houston real estate market likely to survive fiscal cliff
For the Houston housing market, there are fewer reasons to be concerned, according to a report from RealtyPin.com, a real estate listing service. The group asked economists from the Texas A&M Real Estate Center to weigh in on why this area may not feel ... (Dec 4, 2012, Houston Chronicle (blog))
Real-Estate Investors Try New Tack in India
In the largest commercial real-estate deal in India this year, private-equity firm Blackstone Group made an equity investment of $170 million in a portfolio of three office complexes. That followed a $200 million investment a year earlier into a joint ... (Dec 4, 2012, Wall Street Journal)
The Investment Opportunities in Real Estate
Details. Description. CapRidge Partners founding partner Steve LeBlanc on investing in real estate and why the economic environment in Texas is beneficial for businesses. Duration 5:39; Date Dec 4, 2012. Advertisement ... (Dec 4, 2012, Fox Business)
REAL ESTATE: 'Mastermind' takes the stand
Wearing orange-colored prison garb, Duncan testified that Hendrix Montecastro and his mother, Helen Pedrino, of Murrieta, played significant roles to set up and carry out the real estate-related scheme that bilked more than 400 victims of their life ... (Dec 4, 2012, Press-Enterprise)
Minnetonka real estate firm files IPO to raise $238 million
Silver Bay Realty Trust, a real estate investment trust headquartered in Minnetonka, disclosed in a filing Tuesday with the Securities and Exchange Commission that it intends to sell 13,250,000 shares of stock in an initial public offering. The company ... (Dec 4, 2012, Minneapolis Star Tribune)
San Francisco is No. 1 real estate market nationwide, but for how long?
San Francisco is expected to reign as the nation's top real estate market for investment, development and homebuilding in 2013, according a recently released annual report from the Urban Land Institute. The report, "Emerging Trends in Real Estate ... (Dec 4, 2012, San Francisco Business Times (blog))
Fairfax supervisors delay decision on raising real estate taxes on Tysons Corner
The Fairfax County Board of Supervisors voted Tuesday to delay a decision on whether to raise real estate taxes in Tysons Corner to help pay for billions of dollars in transportation improvements, renewing hope among Tysons residents that they may not ... (Dec 4, 2012, Washington Post)
York real estate agent faces drug charges in California
YORK Mike Wiley, the York real estate agent arrested last week as a fugitive on drug and weapons charges, is free on a $50,000 bond but still faces several felony charges in California. Wiley, 56, of 2201 McFarland Road, was arrested Nov. 28 and ... (Dec 5, 2012, Charlotte Observer)
German real estate group LEG picks banks for IPO - sources
FRANKFURT Dec 5 (Reuters) - German real estate group LEG is pressing ahead with the preparations for its initial public offering of shares and has mandated Goldman Sachs and Deutsche Bank as advisors, two people familiar with the situation told Reuters ... (Dec 5, 2012, Reuters)
German real estate group LEG picks banks for IPO: sources
FRANKFURT (Reuters) - German real estate group LEG is pressing ahead with the preparations for its initial public offering of shares and has mandated Goldman Sachs (GS.N) and Deutsche Bank (DBKGn.DE) as advisors, two people familiar with the ... (Dec 5, 2012, Reuters)
Ares Commercial Real Estate Corporation Closes Three New York City Senior ...
Ares Commercial Real Estate Corporation Closes Three New York City Senior ... (Dec 5, 2012, DailyFinance)
BRIEF-Blackstone starting Asian real estate fund
... Fund Center » · ETFs News » · Private Capital ». Wed Dec 5, 2012 8:51am EST. Dec 5 (Reuters) - Blackstone Group LP President and COO Tony James at the Goldman Sachs financial services conference: * Blackstone ow starting Asian real estate fund ... (Dec 5, 2012, Reuters)
Real Estate Agent Sexually Assaulted On Job In Northwest Indiana
HAMMOND, Ind. (CBS) — A real estate agent showing a property in Northwest Indiana was sexually assaulted by two prospective clients, police said Wednesday. The woman scheduled a daytime showing of a property in the Robertsdale neighborhood in ... (Dec 5, 2012, CBS2 Chicago)
Sale of Benvenuti real estate portfolio could open market to institutional ...
Sale of Benvenuti real estate portfolio could open market to institutional ... (Dec 5, 2012, Bizjournals.com)
Real Estate News: Dubai Sets Out on Another Building Boom
Plots and Ploys: Sony Seeks Sale: The electronics giant put its 37-story New York office building at 550 Madison Ave. up for sale earlier this year, and is set to take first-round bids on the property on Monday, according to real-estate executives ... (Dec 5, 2012, Wall Street Journal (blog))
KingSett-led group seeks to buy Canada's Primaris real estate trust for $4.4B
TORONTO — An investment group led by KingSett Capital and several Canadian pension funds is proposing a $4.4 billion takeover of Primaris Retail Real Estate Investment Trust, one of Canada's largest shopping mall operators. In a related transaction, ... (Dec 5, 2012, Washington Post)
REAL ESTATE: Housing is gaining strength
December 05, 2012 10:24 AM PST December 05, 2012 01:21 PM PST REAL ESTATE: Housing is gaining strength. REAL ESTATE: Housing is gaining strength. /AP. A construction workers applies shingles to the roof of a housing building under construction ... (Dec 5, 2012, Press-Enterprise)