Real Estate News

Real estate News 06/2014



Maine real estate index rises again
PORTLAND, Maine — The real estate sector, a leading driver of Maine's economy, rose 2.4 percent over last year according to the latest data from The Maine Real Estate & Development Association. In its semi-annual report on the state of Maine's real ...
How to choose the best real estate agent for you
When you are buying or selling a home, it is essential to choose the right real estate agent for your needs. The best agents are energetic, positive and proactive. On the other hand, selecting the wrong agent will cost you lots of time and money. So ...
The haunted house delusion of great wealth from real estate
The other group are already-wealthy Americans, who don't need the real estate market's help to be encouraged to spend a little bit more. They've taken advantage of foreclosure sales and other bargains to snap up investment properties, or simply to ...
Link Building for Real Estate Websites
If there is one big thing I've noticed from real estate sites, it's that a lot of them look great but are very, very poorly optimized for search engines and for users. Pretty pictures can sell if you get a user on the site but images alone won't drive ...
Real Estate Expert Says China Cash Is Driving Soaring San Francisco House ...
Real Estate Expert Says China Cash Is Driving Soaring San Francisco House ...
Real estate transactions
111 Realty OPO, a real estate investment company led by Mallick Group and Keating Investments, purchased the Oak Park Office Center III, a 151,000-square-foot office building in the Westchase district. Robert Williamson and Trent Agnew of HFF marketed ...
Capital Real Estate: Making way for the future at Pier 17
GOOD MONDAY MORNING: Welcome to Capital Real Estate. This roundup is for you, so please tell us how we can make it better. Send tips, news, ideas, calendar items, releases, promotions, job postings, birthdays, congratulations, criticisms and ...
Taiwan Real Estate Billionaire Confesses To Bribery; Son Takes Over At Flagship
Taiwan real estate billionaire Chao Teng-hsiung today admitted to paying a NT$16 million ($532,561) bribe, to a county official in a connection with a public building contract, an act that could land him behind bars for up to seven years, Taiwan's ...
Canada Consumer Sentiment Rises on Finances, Real Estate
Canadian consumer confidence rose last week as optimism about personal finances and the real estate market improved, survey data show. The Bloomberg Nanos Confidence Index measured 60.0 for the week ended May 30, up from 59.6 the previous week ...
Ask Alia: Expert Answers To Your Burning Real Estate Questions
If you feel you missed your chance to ask the question that was weighing heavily on your mind, send it into the tipline. There will be plenty of future opportunities to pick the brains of D.C.'s real estate experts. If you're curious as to whether your ...
Area's coastal communities maintain their real estate appeal
Sun, sand and sales characterize life on the coast these days, and the busy summer season has yet to start. Whether you're looking for a weekend rental, a choice homesite near the water or perhaps a second house for a fun retreat, coastal real estate ...
Studley real estate brokerage merges with London-based giant Savills
Studley, a prominent New York commercial real estate brokerage with four offices in Southern California, has been acquired by London-based Savills in a merger that will create a large international firm. Savills will pay as much as $260 million for ...
Real Estate Success In Sri Lanka With Ivan Robinson
Ivan Robinson of Lanka Real Estate has been in the real estate business in Sri Lanka since 2002. Before relocating to Sri Lanka, 48-year-old Mr. Robinson previously worked as a real estate agent in his native London and then the Cote D'Azur. Between ...
Hong Kong Rents Hurt by China Tourist Curbs: Real Estate
Mall owners such as Wharf, Hysan and Sunlight Real Estate Investment Trust may be hurt by a drop in mainland tourist spending, Macquarie Group Ltd. said in a May 27 report. Wharf, which owns two of the most popular malls among mainland shoppers, was ...
Major China Cities See Real Estate Bubble Deflate
Monthly home prices declined in China's biggest cities for the first time in two years, real estate firm Soufun reported on Tuesday. The average price of a new home in 100 major cities fell 0.3% from April to 10,978 yuan ($1,760) per square meter, the ...
Drones soar into real estate sales
He uses new drone technology to take bird's-eye view photos of homes to help real-estate agents make a sale. "You look at a group of home photos in the newspaper...the one that's taken from 200 feet up jumps off the page," he said. Jim's obsession with ...
Move backing real estate search startup, Ylopo
Realtor.com operator Move Inc. has invested in a real estate search startup, Ylopo Inc., that says it's out to build “the world's most intuitive search engine” and whose the technology is already being incorporated into Move's lead generation and ...
Capital Real Estate: City Council speaker on 'shared goals'
'SHARED GOALS' — City Council speaker talks to real estate: She's one of the most important elected officials in city government, but she's a mystery to the real-estate sector. Apparently that's the way it's going to be for a while. Melissa Mark ...
Wyo to remain real estate non-disclosure state
BUFFALO – Wyoming is one of 14 states where property sales are not a public record, and it might remain that way for a while. Members of the Joint Revenue Interim Committee declined Tuesday to propose a bill that would require disclosure of the sale of ...
The Draw of Real Estate Crowdfunding
He's invested more than $50,000 through Realty Mogul, a crowd funding platform for real estate investing, and says it's been well worth his while. He had formerly bought property in Blacksburg, Va., a college town, and says this alternative investment ...
A real estate giant turns on to tech incubators
In a sparse space in Crystal City, Va., the cement walls are blank, but for one covered in graffiti, where visitors and employees sign their names and the names of their companies. The wall is common corporate ground, and so is the office. "What we're ...
Reichmann Real-Estate Dynasty Keeps Feet in Mexico's 'Sandbox'
The Reichmann family spent the second half of the last century amassing a real-estate empire worth billions of dollars and developing well-known properties such as Canary Wharf in London and World Financial Center in New York. They lost most of it when ...
Brookfield Financial bets on US real estate
Brookfield Financial Corp. received 179 expressions of interest for a property sale it advised on in New York's trendy Meatpacking District this year. More than half were from abroad, said President Brydon Cruise. Interest in the three-building ...
The Truth About Real Estate Sales: “Glengarry Glen Ross” vs. Reality
The Actors' Group (TAG) in Iwilei has mounted a production of “Glengarry Glen Ross,” running through June 15. The 1984 play by David Mamet is about desperate real estate agents employed in a branch office of the fictitious firm, Mitch & Murray. The men ...
Real estate group buys historic 1889 Building
The historic 1889 Building, at the corner of Main Avenue and Stevens Street, has been sold for $1.02 million to Spokane real estate investment company CitiBrokers. The group bought the property from Amron Corp., which bought it in the 1990s and later ...
Real Estate Matters | Homeowner can't secede from association, but can reform it
Your recent article on homeowners associations was informative. What I would like to know is how does a homeowner remove himself from being a member of an HOA? Our community is comprised of 51 single-family housing units. There are no condos or ...
Real estate broker Gallelli splits from Voit to form own firm
Gallelli, who spent the last three years with Voit Real Estate Services in Roseville, has formed Gallelli Real Estate with a staff of six in temporary office space on Douglas Boulevard in Roseville. “We'll still be an investor group specializing in ...
RE-cap: What you missed at “The Art of Real Estate” party
Monday night The Real Deal was lucky enough to attend “The Art of Real Estate,” a rooftop wing ding in which we got to swim in a sea of dark suits the art, real estate and legal worlds came together over mini-lobster rolls and glasses filled with ...
House Hunting in ...Mykonos, Greece Real Estate in Mykonos, Greece
The property, about 1.3 acres, has four separate living units offering a total of five bedrooms, said Nicolas Mugni, the owner of Demeures de Grèce, a real estate agency based in Athens that is listing the property. In addition to the main house, there ...
YMCA files for bankruptcy, will sell real estate assets
MILWAUKEE (WITI) — The YMCA of Metropolitan Milwaukee announced Tuesday, June 4th a comprehensive restructuring plan that calls for the organization to establish an urban Milwaukee Y comprised of centers within (or very close to) the city of ...
Five questions with suburban real estate broker Garry Holmes
Garry Holmes, president of R.W. Holmes Realty, a Wayland-based commercial real estate brokerage, has been working the suburban office market since the 1980s. He's completed lease and sale transactions totaling more than 10 million square feet of office ...
Why do Canadian investors love Memphis real estate?
Alex Stringfellow at CB Richard Ellis Memphis' Downtown office passed along an article from Canadian publication Financial Post that points the finger at the recovering real estate market in the U.S. and number of acquisition opportunities, the ...
Warren Buffet's real estate company officially enters Harrisburg real estate ...
Warren Buffet's real estate company officially enters Harrisburg real estate ...
What Alibaba's Soccer Team Purchase Says About Chinese Real Estate
It's the latest in the tech giant's meteoric rise to global fame this year, through a string of high-profile acquisitions and plans for a multi-billion dollar listing in the U.S. It's also the first move by Alibaba into a realm that's traditionally ...
Two lawyers accused of Md. real estate scheme
Two Fox Rothschild L.L.P. lawyers are accused in a Maryland lawsuit of aiding a fraudulent real estate scheme that bilked a prominent hotel company out of more than $20 million from 2008 through 2010. The scheme allegedly involved paperwork in one ...
KKR strikes first real estate deal in South Korea
KKR invested in the 83,800 square meter K Twin Towers office and retail complex in Seoul's central business district (CBD), as the U.S. private equity firm looks to deepen its real estate portfolio in Asia. Private equity firms globally have expanded ...
Capital Real Estate: Push for zombie property bill
ZOMBIE PROPERTY — “Passing the Zombie Kill Bill Is a No-Brainer,” Eric Shneiderman op-ed on Huffington Post: “...[Cities] and towns in New York have been plagued by what are commonly called zombie properties. These are homes that residents ...
Americans Aided by Fed Favoring Record REITs: Real Estate
The Fed's policy of keeping the federal funds rate near zero since 2008 while signaling that it won't climb quickly has helped attract investors to real estate investment trust ETFs, because their payouts are better than investors can get from fixed ...
Annual industrial real estate conference set for Jersey City
Leaders in industrial real estate will discuss how global markets are recovering in relation to the demand for industrial development, along with what's driving industrial real estate and investment tactics. More than 500 people are expected to attend ...
Lakefront homes a 'very vibrant' real estate market in greater Jackson County area
JACKSON, MI – Lakefront homes are selling at or above the asking price in the greater Jackson County area, a state of affairs that real estate expert Mark Riggle hasn't seen in many years. Final sales of lake properties are up 20 percent over last year ...
Greystar Real Estate now Albuquerque's largest multifamily manager
The acquisition makes Greystar one of the world's leading multifamily real estate services companies. It now has more than 385,000 apartment units under management in more than 100 U.S. markets, including in Albuquerque and Santa Fe. Terms of the deal ...
Ex-real estate agent's new home? Prison
A former real estate agent testified that he broke into so many homes and stole jewelry that he lost count, the Cobb County District Attorney said. Now that man is headed to prison, where he was ordered to serve eight years of his 20-year sentence, DA ...
Quitting Wall Street to Sell Real Estate
Leveraging their strongest assets—expertise in banking, investment-return modeling, trust law and tax shelters—some Wall Street executives have quit their jobs to sell luxury real estate. "I'm not just selling the pretty apartment. My financial ...
Celebrity Real-Estate Roundup: Sarah Michelle Gellar, Matthew Perry
The contemporary house, which has ocean views, has four bedrooms and six bathrooms, according to the listing with Greg Holcomb and Mark Rutstein of Partners Trust Real Estate Brokerage and Acquisitions. It sits on roughly 2½ acres with a pool, spa and ...
Millionaire Real Estate Investor Behind @HiddenCash Reportedly Identified
The anonymous Bay Area real estate investor behind the @HiddenCash phenomenon has reportedly been identified as one Jason Buzi, according to a voice analysis expert and a cache of online evidence. Fresh off of their work busting a couple of horny real ...
HomeJab connecting real estate brokers and agents with professional ...
HomeJab connecting real estate brokers and agents with professional ...
Capital Real Estate: Governor 'signs off' on using settlement to build ...
Capital Real Estate: Governor 'signs off' on using settlement to build ...
The List: Wichita's largest real estate auction firms
Real estate auctions are becoming increasingly popular, as shown by the 46 percent increase in sales volume for 2013 versus 2012, among firms featured on both real estate auction firms lists. Once seen as a last resort for distressed properties ...
Otter shares rarest of real estate with heir apparent, Brad Little
Gov. Butch Otter's pickup is decorated with just two political bumper stickers, his own and that of Lt. Gov. Brad Little. Otter also displays a message supporting the Army and a fire prevention message, "Thin the Threat!" A fifth sticker, for the Idaho ...
Is Uptown's shirtless 'condo bro' the future of real estate marketing?
That's the buzzed-about strategy one local real estate agent is using to market a unit at the Edgewater, an upscale building in Uptown across from Lake Calhoun. The view, the blonde and the guy with the chiseled torso all have starring roles in “Date ...