Real estate News 05/2014
Iowa's New GOP Chairman Involved in Shady Real Estate Deal That Took ...
Iowa's New GOP Chairman Involved in Shady Real Estate Deal That Took ... (May 1, 2014, Mother Jones)
Real-estate family tangled in prickly divorce
A real-life “war of the Roses” is raging between two Manhattan real-estate honchos, complete with accusations of e-mail spying, corporate freeze-outs and big-money retaliation. The family feud, being waged in both divorce and civil courts, pits ... (May 1, 2014, New York Post)
Does Better Real Estate Data Encourage Racial Segregation?
Among the many changes since the housing market came crashing down is the degree to which Americans have turned online to search for houses. As the market sputters back in fits and starts, online real estate sites have become more sophisticated—and ... (May 1, 2014, Businessweek)
People in Real Estate
Shipley began her commercial real estate career in 1990. In addition to her direct administrative responsibilities, she will now oversee three managers with office assets in the Galleria and West Houston submarkets. Lange holds more than 29 years of ... (May 1, 2014, Chron.com (blog))
Three reasons why the Savills-Studley deal is a game-changer for D.C.'s real ...
Three reasons why the Savills-Studley deal is a game-changer for D.C.'s real ... (May 1, 2014, Washington Business Journal)
Real estate brokers buzz about possible office move by San Francisco-based ...
Real estate brokers buzz about possible office move by San Francisco-based ... (May 1, 2014, Dallas Morning News (blog))
New real estate and orthodontics office to open this summer in Beavercreek
A real estate firm and an orthodontics office in Springfield will be expanding their reach to Beavercreek. Sunny and Seema Dhingra — through their family limited partnership — purchased and renovated the facility at 3151 New Germany Trebein Road in ... (May 1, 2014, Dayton Business Journal)
Real estate group gives $25K to Horn campaign
San Diego County Supervisor Bill Horn's call last Thursday for money to support his re-election campaign was answered that day with a $25,000 contribution from the real estate group Newland Sierra, which is setting the stage for a revamped Merriam ... (May 1, 2014, U-T San Diego)
Dear Monty: Understanding the real estate 'buyers agent' fee
Reader question: Do buyers pay a fee when buying real estate? Sam D. Monty's answer: The answer is, in some cases “yes.” Real estate companies and agents utilize a variety of philosophies to establish the fees they charge for their services. There are ... (May 1, 2014, Wicked Local Franklin)
KPIX 5 Juliette Goodrich's Childhood Home An Example Of Hot Real Estate Market
PLEASANTON (KPIX 5) — With the Bay Area real estate market red hot, it's hard to believe that houses were once sold for five figures. On this Throwback Thursday, KPIX 5 reporter Juliette Goodrich went back to the East Bay home she grew up in to ... (May 2, 2014, CBS Local)
Grand Rapids real estate market attracting hedge funds and investors with deep ... - Michigan Business Review
Grand Rapids real estate market attracting hedge funds and investors with deep ... (May 2, 2014, MLive.com)
These cities are rising real estate stars
Househunters in Miami, Chicago and Lagos had better get ready for their dream homes to get that much more expensive. The cities have joined the list of locations that could outperform real estate markets in more established global cities, according to ... (May 2, 2014, CNBC.com)
Real estate pros see a seller's market for homes in St. Louis
We have the buyers. Where are the sellers? For months, that's been the cry of St. Louis real estate agents. They say potential homebuyers are giving up because they can't find houses they like. There aren't enough for sale. With the tulips blooming, ... (May 2, 2014, STLtoday.com)
Can I buy real estate in my IRA?
Q. Can an IRA account balance be used to buy real estate land? For example, you take your $100,000 IRA and buy a real estate property (land only) for $100,000. Then when you are required to start your IRA's Required Minimum Distribution payments, are ... (May 2, 2014, MarketWatch)
Catering to Chinese buyers in San Francisco's real estate market
According to McLaughlin, after hearing Harrington speak, it became clear that China's wave of interest in purchasing U.S.—and particularly Bay Area—real estate was only in its infancy. “She was able to articulate that, if this is a baseball game, we ... (May 2, 2014, SFGate (blog))
Feds indict former real estate investment partner on fraud charges
A onetime Chicago-area real estate investment partner was indicted on federal charges that he fraudulently obtained and misused investment funds. Matthew Stoen, 35, formerly of St. Charles and Chicago, was charged with four counts of mail fraud and two ... (May 2, 2014, Voices)
Real estate group brings out big players for annual event
If you wanted to get a real estate deal done, the place to be this morning was the grand ballroom at the Bellevue in Center City. That's where the Jewish Federation of Greater Philadelphia and its affiliate, Jewish Federation Real Estate, held its ... (May 2, 2014, Philadelphia Business Journal (blog))
Multicultural Dayton: Sunny Dhingra, real estate entrepreneur
That led him to a successful car sales career, which was a springboard to real estate. In addition to his job at Roediger Realty. Dhingra owns a number of rental properties under a limited partnership and is a partner in S&D Innovators, which is ... (May 2, 2014, Dayton Business Journal)
Real Estate for the 99%
Though it was her first tattoo, the real estate agent seemed confident in the decision. “I plan to be with the company for life,” Ramcharitar said in a YouTube of the event. The green and black tattoo showed a pair of inverted capital R's printed on ... (May 2, 2014, New York Observer)
Real estate trends continue upward
While real estate activity in Summit and Wasatch Counties has not yet returned to pre-recession levels, statistics from the Park City Board of Realtors for the first quarter of 2014 show an increase in nearly every segment of the market. According to ... (May 2, 2014, Park Record)
Caught on Tape: Real Estate Agents Gone Wild
Transcript for Caught on Tape: Real Estate Agents Gone Wild. Tonight, a stunning look inside the world of real estate. You trust your broker, but what happens when you look the we're way? Tonight, a brand-new meaning to the term open house. Here's ... (May 2, 2014, ABC News)
'Overbid Madness' Strikes San Francisco Real Estate Market, Home Sold $600K ...
'Overbid Madness' Strikes San Francisco Real Estate Market, Home Sold $600K ... (May 3, 2014, CBS Local)
Real estate commissions are negotiable
What I can tell you is that real estate commissions are negotiated between the agent, their broker and the client and can vary due to many factors such as work involved with the listing, the extent of marketing and advertising needed to sell a property ... (May 3, 2014, Las Vegas Review-Journal)
Real estate notebook: Former Reynolds ranch developed
The Jupiter Farms ranch where actor Burt Reynolds shot movie scenes and tied the knot with Loni Anderson will be converted to a 30-home development. Palm Beach County commissioners last week approved a plan to allow K. Hovnanian to build on ... (May 3, 2014, Sun-Sentinel)
Real estate crowd funder headed here
Real estate crowd-funding leader Realty Mogul raised $9 million from investors in March to expand its platform for accredited real estate investing. The Washington, D.C., site Fundrise has successfully crowd-funded commercial real estate in Virginia ... (May 3, 2014, Cincinnati.com)
Redfin co-founder sets out to improve real estate virtual tour
A new Seattle real estate brokerage called Surefield hopes to improve the home-shopping experience by harnessing the power of video-game engines and computer-vision technology. Its service includes an online, 3-D, photorealistic model of the home that ... (May 3, 2014, Buffalo News)
Real estate market check
Blame the weather. With more snow and cold temperatures than in recent winters, it's no wonder housing sales in the first quarter of 2014 were off the pace of recent years, Realtors say. But other factors also were at play. The local job market showed ... (May 4, 2014, Albany Times Union)
State of real estate: Winona-area agents, sellers optimistic for 2014
Coldwell Banker real estate agent Nick Edstrom's numbers from the Winona area painted a positive picture at a presentation he gave Friday to the Winona County Land Records Committee meeting. Edstrom saw residential sales go up 12 percent in 2013, ... (May 4, 2014, Winona Daily News)
Real estate: What's your neighbor's home selling for?
Real estate: What's your neighbor's home selling for? May 4, 2014 Updated 3 hours ago. 2014-05-04T11:32:18Z. Facebook Twitter Google Plus Reddit E-mail Print. Recent Headlines. Real estate: What's your neighbor's home selling for? 3 hours ago ... (May 4, 2014, Belleville News Democrat)
Real estate apps may lead to segregation: opinion
WEEKENDEDITION Recently new high-tech resources, such as apps and listing websites, have changed the way Americans shop for real estate. But could increased access to information lead to segregation? Reporter Teke Wiggin thinks so. For decades ... (May 4, 2014, The Real Deal Magazine (blog))
What's the Deal: Commercial Real Estate News
Pennsylvania-based clothier Woolrich has signed a 10-year lease for its first flagship store, in Manhattan's SoHo neighborhood. The company, which sells its wares through other retailers and an outlet store in Woolrich, Pa., is taking 2,320 square feet ... (May 4, 2014, Wall Street Journal)
Real estate and taxes are inextricably intertwined
However, unless a real estate broker or agent is a bona fide tax professional — for example, has an MBA or other specialized training in taxation — he or she should not give clients detailed tax advice. As a real estate professional, you are licensed ... (May 5, 2014, Inman.com)
Capital Real Estate: de Blasio set to announce housing plan
Welcome to the inaugural edition of Capital Real Estate, your daily guide to the industry that shapes New York. Written by Capital New York staff, Capital Real Estate is filled with scoops, analysis and the most important news of the day about the New ... (May 5, 2014, Capital New York)
Spear Street to buy BlackBerry's Canadian real estate assets
O) disclosed on Monday that U.S. real estate investment company Spear Street Capital is buying the majority of the embattled technology firm's Canadian real estate holdings for C$305 million ($278 million). Waterloo, Ontario-based BlackBerry announced ... (May 5, 2014, Reuters)
Tight inventory, high demand send real estate prices higher
If Palm Beach real estate were a melody, the season that just ended wasn't exactly the same song as last season. But it wasn't an entirely new tune, either. And the tempo has certainly picked up over the past few months. “This market is robust. I've ... (May 5, 2014, Palm Beach Daily News)
University of New Orleans brings together real estate, economic development ...
University of New Orleans brings together real estate, economic development ... (May 5, 2014, The Times-Picayune)
S'moretgage Launches To Bring Real-Time Mortgage Data To Real Estate ...
S'moretgage Launches To Bring Real-Time Mortgage Data To Real Estate ... (May 5, 2014, TechCrunch)
Want to get your real estate license? Huntsville Realtors open school to fit ...
Want to get your real estate license? Huntsville Realtors open school to fit ... (May 5, 2014, al.com)
Real estate giant predicts slow home sales for months to come
The company, which represented about 1.4 million buyers and sellers of real estate last year, said it expects deals at its two largest units to fall 5% to 7% in the second quarter, compared with the same quarter last year. In the first quarter, deals ... (May 5, 2014, Los Angeles Times)
UPDATE 2-Spear Street to buy BlackBerry's Canadian real estate assets
Waterloo, Ontario-based BlackBerry announced in March it had reached an agreement to sell the vast majority of its real estate holdings, as part of a plan outlined earlier this year to strengthen its balance sheet. At the time, BlackBerry did not name ... (May 5, 2014, Reuters)
Real Estate
Former Crisp & Cole Real Estate agent Michael Angelo Munoz was sentenced Monday to two years in prison for his role in the infamous mortgage fraud case. Munoz pleaded guilty in November to two counts of mail fraud and agreed to forfeit $1.3 million as ... (May 5, 2014, Bakersfield Californian)
Former Giants owner Bob Lurie sells off real estate assets
Before Bob Lurie became more widely known as the owner of the Giants, his family led one of San Francisco's iconic real estate companies for more than half a century - at one time owning the Mark Hopkins Hotel, the Curran Theatre and millions of square ... (May 5, 2014, SFGate)
China's Overseas Real Estate Investment Rose By 25% In 1st Qtr; Chicago ...
China's Overseas Real Estate Investment Rose By 25% In 1st Qtr; Chicago ... (May 5, 2014, Forbes)
Real estate giant predicts slow home sales for months to come
The firm that owns Coldwell Banker and other large real estate brokerages gave a dim prognosis for 2014 home sales May 5. Above, an agent puts signs outside a Santa Monica condo for sale in 2009. The firm that owns Coldwell Banker and other large real ... (May 6, 2014, Los Angeles Times)
IMF Calls for More Measurers to Curb Real-Estate Speculation in Dubai
IMF Calls for More Measurers to Curb Real-Estate Speculation in Dubai. IMF Warning Echoes Concerns Voiced by International Institute of France. Email; Print; Comments. Facebook; Twitter. Google+. LinkedIn. smaller; Larger. By. Nicolas Parasie ... (May 6, 2014, Wall Street Journal)
Real Estate Cheat Sheet: Best Times to Buy, Sell or List a Home
As much as buyers and sellers try to strategize the timing of a real estate purchase or sale, it's never that easy. Unlike Macy's or Target, who control inventory and monitory competitive activity, there isn't one seller in real estate. Sellers are ... (May 6, 2014, Fox Business)
NAIOP Hawaii honors commercial real estate industry leaders and companies
The 17th Annual Kukulu Hale Awards program, which recognizes accomplishments in the state's commercial real estate industry, including recognition for new and renovated commercial projects statewide, was held this past Friday. Other honorees were ... (May 6, 2014, Pacific Business News (Honolulu))
Real Estate Magnate Don Peebles Wants The L.A. Clippers
Most of the speculation revolves around celebrities – Oprah, David Geffen, Floyd Mayweather. But Don Peebles, a New York-based real estate developer whose firm, Peebles Corporation, is one of the most successful black-owned businesses in the country ... (May 6, 2014, Forbes)
12 Surprisingly Hot Cities For Real Estate
Wealthy individuals looking to invest in real estate should check out Tel Aviv, Dublin, and Chicago. Those are three of cities identified on a new list of "rising stars" for real estate investors from real estate developers Candy & Candy, Deutsche ... (May 6, 2014, Business Insider)
Real Estate Roundup: 10 Barrel Brewing finds its Portland home
These are the most recent retail leases submitted to The Business Journal's database of commercial real estate activity of interest to local readers. Visit the database or submit transactions online. 10 Barrel Brewing Co. leased 6,229 square feet at ... (May 6, 2014, Portland Business Journal (blog))