Real Estate News

Real estate News 02/2014



Listen: Real Estate debuts new songs "The Bend" and "April's Song"
Earlier today, Real Estate appeared on WNYC's Soundcheck to promote their highly-anticipated album, Atlas, due out on March 4th via Domino. In addition to playing the peppy lead single “Talking Backwards”, the indie-pop quintet debuted two brand new ...
Real Estate 2014: The New Wisdom
When the housing bubble burst, a damage-control mentality replaced decades of conventional real estate wisdom. With the housing market now rebounding, there is still uncertainty. The old rules -- such as getting a fixed-rate mortgage and refinancing ...
Creating a big bang in the Los Feliz real estate market
Michael C. Hall of "Dexter" fame has sold the Ronald Colman estate in Hollywood Hills for $2 million. He had bought the property two years ago for $1.95 million. Designed and built in 1926 for British actor Colman, who was in silent and talking films ...
Car crashes into South Boston office
A man was taken to Massachusetts General Hospital with minor injuries after he crashed into a real estate office on East Broadway in South Boston this morning, according to officials. At least one person was inside the Jack Conway & Co. Realtor's ...
Car crashes into South Boston real estate office
A man was taken to Massachusetts General Hospital with minor injuries after he crashed into a real estate office on East Broadway in South Boston this morning, according to officials. At least one person was inside the Jack Conway & Co. Realtor's ...
2 Tax-Saving Options for Real-Estate Sales
If you're a high-income taxpayer in the eyes of the IRS during a year when you make a real-estate sale, you may be in for a shock when you file your tax return. Tax rates on long-term capital gains have gone up and may be as high as 20%, plus an ...
Oakland real estate company preparing for IPO
Another Bay Area business is set to go public, but this time, it's not another tech company. Oakland-based Starwood Waypoint started during the recession when former 49er Doug Brien and his partner Gary Beasley started investing in foreclosed ...
Balsley Losco fiercely independent in Atlantic County real estate market
Vanguard Property Group in this town was acquired by Prudential Fox & Roach, which itself then was acquired by Berkshire Hathaway HomeServices. Long & Foster Real Estate has been snapping up local agencies, the latest being Premier Properties Real ...
Bahrain's Investcorp Remains Bullish on US Real Estate
Bahrain-based private equity firm Investcorp, which manages $9 billion in assets on behalf of wealthy clients in the Gulf region, is looking for further opportunities in the U.S. real estate market, betting on the country's domestic economic recovery ...
Real estate giants look to outer boroughs
RXR Realty has made a name for itself in recent years by scooping up large, regal office buildings in Manhattan, such as 75 Rockefeller Plaza and 340 Madison Ave. But as commercial real estate prices have surged back to pre-recession levels and ...
Target data breach could affect real estate transactions
WASHINGTON — The numbers of affected consumers are as yet impossible to predict, but mortgage credit experts warn that the recent massive data breaches at Target, Neiman Marcus and other retailers could have significant effects on some real estate ...
4 Things Real Estate Agents Want You to Know
Real estate agents can be the saving grace one needs in buying or selling a home. If you have done either one of these things, you know how stressful it can get. It is the agent's job to get things done quickly and smoothly, but they could use a ...
Saga of Opus East, a failed Rockville-based real estate titan, continues in court
In the summer of 2009, the end was near for Opus East. The Maryland company had landed a lucrative deal to build a research center for the National Oceanic and Atmospheric Administration in College Park, but construction disagreements arose, and Opus ...
Real estate pros: Favorable outlook could be dimmed
Real estate is integral to the economy, the two professionals said. But on some topics they take a different perspective. "Interest rates are still low, under 5 percent, and the national economy is improving," Kurtianyk said. "People have the ...
UPDATE 1-Hochtief sells real estate business Aurelis to Grove
FRANKFURT, Feb 3 (Reuters) - Hochtief, the German builder controlled by Spanish group ACS, agreed to sell its stake in property firm Aurelis and is still looking at options for its remaining real estate business. Hochtief said on Monday that a ...
Economic impact: Issue, reception recognize real estate industry's contributions
David Dewhirst is being honored with Impact Award at Commercial Real Estate Awards for his impact on downtown development. Dewhirst gave a tour of his latest project inside the old White Lily building on Wednesday, Jan. 22, 2014. (MICHAEL ...
Negotiating a deal with global real estate clients is easier when you know ...
Negotiating a deal with global real estate clients is easier when you know ...
WWE Diva Nikki Bella I'm Getting in the Real Estate Biz
Nikki's been taking prep classes at a San Diego real estate school to get prepare for the licensing exam -- and her classmates say she was super down to earth. We're told Nikki has no intention of leaving wrestling anytime soon ... she's just trying to ...
Real estate poll: Seller's market could be on the way
New Yorkers' views of the housing market remained positive in the fourth quarter, but stopped getting better, according to new polling from the Siena Research Institute. The institute, based at Siena College near Albany, created its latest real estate ...
Lateral Partner Hire Expands Real Estate Practice at Avila Rodriguez ...
Lateral Partner Hire Expands Real Estate Practice at Avila Rodriguez ...
Starwood Waypoint: The Facebook Of Real Estate?
Today Starwood Property Trust (NYSE:STWD) spun-out Starwood Waypoint Residential Trust (NYSE:SWAY), which is focused on rentals of single-family homes. The company is now one of the largest publicly traded operators in the space – owning and ...
The State of the Real Estate Market
According to Movoto Real Estate's State of the Market report, the market followed seasonal trends on a month-over-month basis, as the number of available homes on the market and the median list price per square foot index dipped when compared to ...
London Office Drought Sparks Hunt for 1980s Relics: Real Estate
Investors including Blackstone Group LP (BX), the world's biggest buyout firm, Brookfield Office Properties Inc. (BPO) and Land Securities Group Plc (LAND), the U.K.'s largest real estate investment trust, are looking for well-worn office buildings ...
Allison, Sibcy named among real estate's most powerful people
Austin Allison is CEO of DotLoop.com. Their offices are in Longworth Hall. DotLoop.com is the first online software that allows real estate agents, buyers and sellers to complete the transaction process from offer to close, all in one place. The ...
Finally, tougher foes may humble real estate empire
I like to think of the Portnoys, who run a very big national real estate empire from Newton, as the poster family for bad corporate governance. For years, investors have had good reason to complain about a business bound up in conflicts of interest ...
Real estate is experimenting with Bitcoin, and I bought one
I was pretty skeptical of Bitcoin originally, watching its value skyrocket and nosedive from one day to the next. But with the digital currency continuing to hog headlines and real estate firms beginning to warm up to it, it's grown on me. So last week ...
Real-Estate Startup Jumps on Bitcoin Train
Mr. Canning-Cooke may have found the answer in RealtyShares, a San Francisco startup that this week will become one of the first real-estate investment platforms to accept bitcoin. The firm, which operates a crowdfunding marketplace connecting property ...
Real estate forecaster Yun to give outlook at ACRE conference
According to his professional profile, Polon is president of RIISnet, “a patented transaction platform for the purchase and sale of Commercial Real Estate and Notes.. His duties include overseeing all company activities, business development, marketing ...
Mortenson hires real estate veteran
“Brad comes to Mortenson with a wealth of real estate development experience. His experience across multiple industries will enable Brad to immediately help us expand our development business as part of Mortenson's strategic growth plan,” said Bob ...
​Plaxico Burress -- Casualty In Real Estate Crash ... Takes Huge Hit on ...
​Plaxico Burress -- Casualty In Real Estate Crash ... Takes Huge Hit on ...
Mark Zuckerberg's Real Estate Move Finds a Following
As Mark Zuckerberg's social networking company, Facebook, celebrates its 10th anniversary and has worldwide usage by 1.23 billion people, the tech titan finds himself at the forefront of a real estate trend: tech bosses who are buying up their ...
ULI highlights Houston's best real estate develompents
Real estate and design aficionados selected a newly built office tower and a century-old restored fire station as two of the best examples of real estate development in Houston. BG Group Place and Historic Fire Station No. 6. received Development of ...
Mack-Cali cofounder and NJ real estate pioneer, John Cali, dies at 95
Bruce Schonbraun recalls being in a meeting with real estate developer John Cali “and eight or nine very smart people” in the 1990s and Cali telling them he saw a future for real estate development in Jersey City. “They all told him it wasn't a smart ...
Ireland Plots Its Return From Real-Estate Brink
In the years leading up to the crash, commercial real-estate investors put more debt on properties than their incomes would support, partly on the assumption that rents and net incomes would continue rising. When they didn't and values fell, billions ...
Canada pension board opens Brazil office, eyes real estate, infrastructure
While Wiseman said real estate and infrastructure deals would be the main focus of investment growth, public and private equity, as well as private debt, will likely follow as the region's economy liberalizes and capital becomes more free-flowing. He ...
A website for fans of real estate listings
Matthew Smith thinks real estate agent websites could be a thing of the past. With the majority of people on Facebook, he says the key to improving sales is bringing real estate agents to where the audience spends most of its time. “The problem with ...
Anniston real estate franchise up for big awards
Global real estate franchiser, ERA Real Estate, has named Anniston's ERA King Real Estate Company, Inc., a finalist for two national awards: the 2013 Gene Francis Memorial Award for Top-All Around Company and the Innovation Award for Pioneering ...
Scam artists hit the real estate business
This is a $400,000 home for sale in the Meyerland area and with Houston's hot real estate market it will likely sell soon. The three bedroom two full bath home has had quite a few inquiries in a city where there is less than 3 months of inventory ...
China's Real Estate Accounted For A Dangerously High Proportion Of Its ...
China's Real Estate Accounted For A Dangerously High Proportion Of Its ...
Song Of The Week: 'Talking Backwards' By Real Estate
NPR Music writer and editor Stephen Thompson joins us each week to bring us a new song. This week the track is “Talking Backwards” from the New Jersey band Real Estate. It's part of their new album due out in March called “Atlas.” Thompson says the ...
Commercial real estate prices surging
CoStar Group data show commercial real estate accounts for a $12 trillion chunk of the U.S. economy. During the financial crisis, prices dropped 25 percent as many businesses shut down and left offices empty. But recently, demand for commercial real ...
Bulk of Solana buildings sold to Houston real estate firm
Moczulski & Moczulski is paying U.S. Bank $195 million for the property, which includes a Marriott hotel, according to court records. The company, a privately held real estate investment firm, was the highest of nine bidders. Company President Ken ...
Is Winter Storm Disrupting Real Estate Business in NYC? [Updated]
I don't think winter has affected the market for real estate, but it's certainly taken a toll on people's bottom lines, as maintenance and repair costs have far exceeded those in a typical year. Retail sales are also very negatively impacted, and there ...
Marin real estate pops in 2013
For Marin real estate, 2013 was the year the Jiffy Pop exploded. "You know how you'll put popcorn in the microwave, and at first there are just a few pops? That was 2012," said Jane Kaplan, a Coldwell Banker agent. "In 2013, all of a sudden the popcorn ...
CBRE Group revenues up as international real estate markets thrive
CBRE Group Inc., the world's largest commercial real estate brokerage, reported an 11% jump in revenue during the fourth quarter, led in part by thriving property markets in Europe, the Middle East and Africa. Profit was down from the same period in ...
FC Real Estate Assessments Due Out Next Week, Residential to Jump by 6%
Falls Church City Manager Wyatt Shields told the News-Press at the Falls Church City Council retreat last Saturday that real estate annual assessments due out later this month will show an average six percent rise for residential properties, while ...
Myanmar Real Estate: High Property Prices Make It Difficult For Convenience ...
Myanmar Real Estate: High Property Prices Make It Difficult For Convenience ...
The roles real estate agent take in closings
When selling a house, some real estate agents show up for signings even when they are not required to, or when the closing is handled by attorneys who represent each side of the transaction. By Lew Sichelman, Universal U-Click. Posted: 02/06/14, 8:48 ...
Times' Real Estate Puff Piece? Meet TV's Major Case Squad
Where we try to make it through the most unnecessary real estate story to ever to come out of the Grey Lady, by imagining one smug couple's on “the hunt” to fit their new home entertainment system into a Manhattan penthouse, with Dick Wolf'd finest on ...
Hedge Funds Preparing for $1 Trillion Property Bill: Mortgages
Axonic Capital LLC, LibreMax Capital LLC and Saba Capital Management LP are among firms positioning to provide loans as more than $1 trillion in commercial real-estate debt originated before the property crash comes due over the next three years, ...