Real estate News 04/2013
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 Feb. 22. Tweet. options. ALDEN. • 3107 & 3119 Zoeller Road, Halina Pietrzyk; Matthew Pietrzyk to Halina Pietrzyk; George D ... (Apr 1, 2013, Buffalo News)
Don't Be Fooled By These 3 Real Estate Myths
Historically, real estate seasons were tied to summer and the end of the school year. Families were the typical buyers or sellers, and they wanted to move during the summer so their kids could start anew in September. That's how spring became the prime ... (Apr 1, 2013, Fox Business)
Ares Commercial Real Estate Corporation Leads Closing of Two Loan ...
Ares Commercial Real Estate Corporation Leads Closing of Two Loan ... (Apr 1, 2013, The Herald | HeraldOnline.com)
Lansner: Real estate's gone pet crazy
While some real estate folks might call being pet friendly evolutionary thinking or modern marketing, I see it as a lasting legacy of the Great Recession. Desperate times led to creative thinking for landlords and hotel owners. Among the space-filling ... (Apr 1, 2013, OCRegister)
Real estate investment partnership adds experienced advisor
Real estate investment partnership, Dominion Partners, announced today, the addition of Yves Mombeleur as advisor to the Partnership. With over twenty years of experience in project management, operations, state and federal compliance and ... (Apr 1, 2013, PR NewsChannel (press release))
8 Prime Real Estate Dogs Fetch 10% To 22% Gains In March
Prime ten real estate sector dogs showing the biggest dividend yields by Y/M's screen as of March 22 represented just three industries. Top real estate sector stock, American Capital (AGNC) was one of five residential REITs. Others in that industry ... (Apr 1, 2013, Seeking Alpha)
Monday Sector Leaders: Real Estate, Sporting Goods & Activities
In trading on Monday, real estate shares were relative leaders, up on the day by about 2.3%. Leading the group were shares of China Housing & Land Development (CHLN), up about 28% and shares of China HGS Real Estate (HGSH) up about 9.7% on the ... (Apr 1, 2013, Forbes)
Marketing through controversy; new normal for real estate: Business news
Economy: Oregon's economy added an estimated 6,800 new jobs in February, making it one of the strongest months for hiring since the state's slow slog out of recession. How does that gain stack up against other states? Around No. 15 in the nation among ... (Apr 1, 2013, OregonLive.com)
Real Estate News: Districts Lifted by Tech Glitz
Real Estate News: Districts Lifted by Tech Glitz. Article · Slideshow · Comments · Developments HOME PAGE ». smaller; Larger. facebook. twitter. google plus. linked in. Email; Print. facebook; twitter; google plus; linked in. Email; Print. smaller ... (Apr 1, 2013, Wall Street Journal (blog))
Real Estate Baron Michael Dezer's Impressive Wheel Estate
He tells me to wait in the lobby while he looks for his boss. Minutes later, that boss–real estate tycoon Michael Dezer–shows up, but not in the expected manner. He is riding in a motorized scooter chair, the kind that elderly folks use after having an ... (Apr 1, 2013, Forbes)
April Fools' joke tricks Albany commercial real estate brokers (and me)
The executive director of Commercial and Industrial Real Estate Brokers Inc. in Albany, NY, was hit with calls and emails immediately after she hit the “send” button this morning. Kelly Pierce sent an email to everyone on the CIREB distribution list ... (Apr 1, 2013, The Business Review (Albany))
Commercial real estate vets break from ProVenture to form new firm
"We are excited about the opportunity to create a unique real estate company that caters to both corporate clients as well as real estate investors," Helton said in a press release. Nevin Batiwalla covers real estate/development and regional economic ... (Apr 1, 2013, Nashville Business Journal (blog))
Ivy Funds taps into real estate market
The Ivy Global Real Estate Fund is considered middle of the road from a risk perspective in the real estate market. It will invest in the equity securities of companies active in real estate ownership, development and investment management. It will ... (Apr 1, 2013, Kansas City Business Journal)
Hong Kong Businesses Vanish as Rents Soar: Real Estate
Many properties that aren't bought by developers are owned by private investors who made their fortunes elsewhere, such as in the manufacturing boom in the 1970s, the stock market rally in the 1980s and the real estate surge during the past few years, ... (Apr 1, 2013, Bloomberg)
Laura Pomerantz starts another real estate firm
Prior to creating the new firm, Pomerantz was a principal and founding partner of PBS Real Estate where she negotiated more than 8 million square feet of office and retail transactions for clients. She has also held senior executive positions at ... (Apr 1, 2013, New York Business Journal)
A wave of foreclosures then a land rush in Prince George's
“More people are getting into the game,” declared Jesse Marks, a real estate broker in Upper Marlboro, at a recent gathering of real estate investors. “Housing is back. And what happens when housing comes back? Everybody thinks they can do this.” ... (Apr 1, 2013, Washington Post)
Springfield's first real estate auction of 2013
The city of Springfield is holding its first real estate auction of 2013. The auction will be held Tuesday, April 16th at 6:00PM at City Hall. There are 29 city owned properties going on the auction block. The Mayor's office said that's one of the ... (Apr 1, 2013, WWLP 22News)
HPU settles with real estate developer
A dispute between Hawaii Pacific University and real estate developer Ed Bushor has been resolved. The University shared its vision of what the New marketplace will soon look like. HPU officials hope its acquisition of Aloha Tower Marketplace will ... (Apr 2, 2013, KITV Honolulu)
How to buy real estate in an IRA
Imagine you could invest $100,000 in a piece of real estate today and sell it 20 years from now for nearly $400,000 without paying a dime in taxes. If you could buy that real estate with funds held in a Roth IRA, that could happen. And if the proceeds ... (Apr 2, 2013, MarketWatch)
ABQ real estate broker guilty of wire fraud
Albuquerque real estate broker Keith Michael Courtney, 31, was found guilty by a federal court jury last week following a three-day trial in Albuquerque of wire-fraud charges, the U.S. Attorney's Office said in a news release. Courtney and co-defendant ... (Apr 2, 2013, ABQ Journal)
Hong Kong's surging real estate prices shed light on rising inequality
But perhaps the single biggest factor in rising inequality is real estate. By just about any measure, Hong Kong is the world's most expensive place to own a home. Since 2009, housing prices have surged 85 percent, exceeding their peak before the real ... (Apr 2, 2013, MinnPost.com)
Best of MSPBJ: Commercial real estate special report + CRE executive ...
Best of MSPBJ: Commercial real estate special report + CRE executive ... (Apr 2, 2013, Minneapolis / St. Paul Business Journal)
Milwaukee-area real estate market improves in early 2013
The real estate market in the Milwaukee area kicked off 2013 on a high note, with activity in industrial, retail and office buildings filling empty space, according to the Commercial Association of Realtors Wisconsin and Xceligent. As has been the ... (Apr 2, 2013, The Business Journal of Milwaukee (blog))
Real estate, fundraising key in saving College of Visual Arts, group says
It's just a beginning: An overhaul of the school's academic structure, an aggressive fundraising campaign and leverage of the school's real estate are all part of a plan the group hopes to implement. "We have a viable plan to keep the college open ... (Apr 2, 2013, Pioneer Press)
John Gates named JLL's president of national real estate services
Gates will oversee the real estate firm's national business lines, including agency leasing, capital markets, industrial leasing, property management, project and development services, retail and tenant representation. "John consistently demonstrates ... (Apr 2, 2013, Dallas Business Journal)
Disgraced State Senator Failed at Real Estate, Too
Following the arrest this morning of State Senator Malcolm Smith on federal bribery charges, the politician's former career as a real estate developer, which ended in bankruptcy, has come under the spotlight. “Everything I did in business wasn't ... (Apr 2, 2013, Commercial Observer)
Getting to the Core: Sean Osher Talks NYC Real Estate Stardom
“To be an agent at CORE, you have to conduct yourself according to our brand integrity, culture and business model,” says Mr. Osher. “We are a marketing agency first and foremost and always look to pioneer new tools and technologies to sell real estate ... (Apr 2, 2013, New York Observer)
Tax increase on Suffolk real estate could be coming
Speaking on condition of anonymity, they said it will call for raising the real estate tax rate, now 97 cents per $100 of assessed value, by at least 3 cents to make up for a projected $2.4 million revenue shortfall that resulted from a 1.9 percent ... (Apr 2, 2013, The Virginian-Pilot)
Beatrice Katz Zitomer, 77, Shore real estate agent
When Beatrice Katz Zitomer moved to Margate in 1979 and became a real estate agent, she had visions of catching the big housing wave powered by casino gambling. Already in her mid-40s, the former Cherry Hill kindergarten teacher spent almost a decade ... (Apr 3, 2013, Philly.com)
Real Estate Ads of the Rich and Famous
"Most of us have 'public rooms' in our homes, but we don't bother to call them that because our places aren't big enough to have public and private wings," says Jed Kolko of real estate site Trulia.com, which recently analyzed some 7.5 million listings ... (Apr 3, 2013, TheStreet.com)
Coldwell Banker to buy assets of 2 Brevard real estate companies
“We are very pleased to welcome Pruitt Real Estate and ERA Showcase Properties & Investments to our operations,” Clark Toole, president of Coldwell Banker Residential Real Estate in Florida said in a statement. “Their professionals bring an excellent ... (Apr 3, 2013, Florida Today)
This San Jose House Got Multiple Bids And Sold For More Than Its Asking Price ...
This San Jose House Got Multiple Bids And Sold For More Than Its Asking Price ... (Apr 3, 2013, Business Insider)
Real Estate News: Mortgage Gamble Pays Off for Wells
Office Owner Takes Hold of Western Ways: Moscow office-building owner O1 Properties was founded less than three years ago, but the company already has raised hopes in the Russian real-estate business that it will help overcome the industry's Wild West ... (Apr 3, 2013, Wall Street Journal (blog))
Northeast Ohio real estate executive charged in construction-fraud scheme on ...
Northeast Ohio real estate executive charged in construction-fraud scheme on ... (Apr 3, 2013, Plain Dealer)
What You Get for ... $2.3 Million
PALM BEACH, FLA. Multimedia. Slide Show · What You Get for $2.3 million · Real Estate Twitter Logo. Connect With Us on Twitter. For news and features on real estate, follow @nytrealestate. WHAT: A three-bedroom Mediterranean with two and a half baths ... (Apr 3, 2013, New York Times)
Mulling a real estate retirement plan
In short, to some savers, real estate is beginning to look inviting as an investment again. Shutterstock: Real estate investing still has its perils. This week, MarketWatch tax columnist Eva Rosenberg explores the ins and outs of one investing approach ... (Apr 3, 2013, MarketWatch (blog))
Houston's newest real estate listings
Houston's newest real estate listings. April 3, 2013|Houston Chronicle Web Staff. Check out some of Houston's newest real estate listings. 1of19. View All. Related Gallery. April 3, 2013. NYC Penthouse could fetch $125 million. Most Popular. April 2 ... (Apr 3, 2013, Houston Chronicle)
The Botched NY Real Estate Deal That Lost 'Other People' Billions
In his new book, Other People's Money, he tells the story of how the biggest ever real estate deal came together and then spectacularly came apart. Standing in the park at the center of Stuyvesant Town, Bagli tells NPR's Robert Siegel that these ... (Apr 3, 2013, NPR)
Tight Midtown Real Estate Market is Boon for Downtown
There's so little office space available from Canal Street to 32nd Street — an area known as Midtown South — that more companies are setting up shop in Lower Manhattan, according to data released Wednesday by commercial real estate firm Cushman ... (Apr 3, 2013, WNYC)
OC real estate values drop $10B
The other $3 billion represents a continued depreciation of the real estate market in Ocean County that would have happened regardless of the Oct. 29 disaster, due to the state of the economy, said Freeholder John C. Bartlett Jr., director of finance ... (Apr 3, 2013, Asbury Park Press)
Suffolk budget plan has 6-cent real estate tax hike
With property values down for a fifth straight year, city leaders Wednesday offered a budget blueprint that raises the real estate tax rate, boosts school funding and holds most other spending in check. The proposed $179.3 million operating budget for ... (Apr 3, 2013, The Virginian-Pilot)
Real estate partners to form separate companies
One real estate company will become two in May, as the two partners in Levitan-McQuaid Real Estate Services part ways. After five years as partners, Ann Levitan and Tiffany McQuaid have decided it's time for a change. “It's a very amicable parting of ... (Apr 4, 2013, Naples Daily News)
Hausladen urges real estate investment
When thinking back on the construction of the 360 State St. apartment complex completed in 2010, Ward 7 Alderman Doug Hausladen '04 said he had an “ah-ha! moment” for a new, progressive city investment strategy. After realizing that the new apartment ... (Apr 4, 2013, Yale Daily News (blog))
FBI Informant in Mayoral Ballot Bribe Plot Is Real Estate Developer Linked to ...
FBI Informant in Mayoral Ballot Bribe Plot Is Real Estate Developer Linked to ... (Apr 4, 2013, NBC New York)
PREVIEW: Real Estate 2013: The Hottest Philadelphia Neighborhoods
We probably don't have to tell you how much real estate in this city—the 'burbs, too, for that matter—has changed over the past few years. Who could possibly miss the signs of a market that's finally getting its groove back? These days, not only do ... (Apr 4, 2013, Philadelphia Magazine (blog))
Real Estate Investor Math Changes As Rents Flatten:Trulia
According to online real estate firm Trulia's Price/Rent Monitor released Thursday, rents are falling or flat in Las Vegas, Orange County, Los Angeles, Atlanta and Phoenix -- all markets where big investors have been particularly active in buying and ... (Apr 4, 2013, TheStreet.com)
Energy Boom Fueling Demand For Ranch Real Estate
“The market is very top heavy on oil and energy buyers. They've always been around, but I would say the predominance that they display in the buyer pool now is much greater than it used to be,” says Bill McDavid of Hall and Hall, a ranch real estate ... (Apr 4, 2013, Forbes)
Hanover expected to keep same real estate tax rate
Last month, supervisors voted to advertise a public hearing for a real estate tax rate of 81 cents per $100 of assessed value. By state law, supervisors cannot set a rate that's higher than what's advertised. Supervisors are within their rights to ... (Apr 4, 2013, Richmond Times Dispatch)
Report reveals best practices for real estate marketing worldwide
Consulting firm AIM Group has released its annual real estate report that assesses real estate marketing practices around the world. The "2013 Real Estate Advertising Annual" explores the business models and advertising tactics of about 90 companies in ... (Apr 4, 2013, Inman.com)
Real estate broker gets 3+ years in prison for fraud
ST. LOUIS • A St. Louis County man was sentenced to 37 months in prison Thursday for bilking mortgage lenders out of more than $2 million, prosecutors said. Jerrick Hawkins, 28, recruited people who applied for loans to buy properties in the St. Louis ... (Apr 4, 2013, STLtoday.com)