Real Estate News

Real estate News 05/2015



News Corp. launches luxury global real estate site, Mansion Global
News Corp., owner of realtor.com operator Move Inc., is spreading its luxury real estate wings with today's launch of Mansion Global, a homebuyer-focused site that will display high-end properties and editorial content from around the globe in English, ...
On the Market: The New York Real Estate Market Is Decadent and…
Eleanor Roosevelt kept a “little apartment” at 211 E. 62nd Street, but the building, which has since reconfigured into a single-family home to suit more gluttonous tastes, is now asking $18 million according to The Wall Street Journal. Ms. Roosevelt ...
National real estate investor buys Orange City apartment complex for $30.3M
Northland Grandeville LLC — doing business as Northland Investment Corp. — bought the Grandeville on Saxon apartment complex in Orange City for $30.34 million in an online auction. The Class A, 316-unit property, located at 741 Saxon Blvd., includes ...
Thursday, May 7: Real Estate
Tonight we're on a virtual shopping trip. We're combing the greater Boston real estate market, finding out what's available depending on your budget, from under $300,000 to more than a million. It's information buyers and sellers need to navigate today ...
State revokes Terry Shockley's real estate license
Earlier this week Oregon Real Estate Commissioner Gene Bentley ordered that Shockley's “principal broker” license be revoked for several violations of state law that showed Shockley “demonstrated incompetence or untrustworthiness in performing any act ...
Alexandria Real Estate Equities: A Cheap REIT
Same-property net operating income, which ignores new buildings, rose 7.8%. That's an acceleration from 6.7% in the fourth quarter and 4.3% in the first quarter of 2014. In a head-to-head comparison of Alexandria and BioMed, Richard Anderson at Mizuho ...
Local real estate group: market adjusting, inventory up for first quarter
This is the lowest number of sales since 2009, when Midland's real estate market felt the brunt of the recession. The Midland market is moving toward a buyer's market after years of a seller's market marked by low supply and high demand, according to ...
Buffalo-Niagara's hot real estate market could get hotter
BUFFALO, N.Y. (WIVB) — If you are looking to turn your rent check into a mortgage payment, now might be the time to make your move. Amid reports the Buffalo Niagara Region is a hot market for residential real estate, News 4 has learned investors are ...
Real Estate Newsmakers
Debbie Blais, president of Debbie Blais Real Estate, announces Christy Alferes is a full time agent ready to serve clients. Christy is a 12-plus-year veteran of the real estate business, combining excellent customer service skills and marketing ...
CIP Real Estate expands investment, contracts in Riverside
Irvine-based CIP Real Estate acquired Center Tower Riverside, a 73,000-square-foot office property in Riverside, for $13.8 million in a joint venture with Baltimore-based Alex Brown Realty. The partners will invest more than $1.5 million for interior ...
Inconvenient Friends: Shady Real Estate Deal Tests Kyiv Mayor
Given that Vitali Klitschko ran for mayor on a "clean hands" campaign, promising to stamp out corruption -- and given that the transactions involve several of his close associates -- the controversy over Sunny Riviera poses a thorny challenge for the ...
When a Commercial Tenant Isn't Welcome
Ask Real Estate is a weekly column that answers questions from across the New York region. Submit yours to [email protected] Suing to Keep a Restaurant Out. The board of my condominium instituted a special assessment to cover the costs of a ...
Schafer: Brown's new book confronts perceptions of real estate developers
Peter Hendee Brown starts a real estate development class he teaches at the University of Minnesota's Humphrey School of Public Affairs by asking his students what pops into their heads when he says “real estate developer.” Their answers instantly ...
What's coming up on Sunday's morning's 'That Real Estate Show'
Hear how the rebounding economy is helping Valley Real Estate with a report from Mike Sunnucks of the Phoenix Business Journal. • The weather is heating up and so are home sales. Tina Tamboer with The Cromford Report has the forecast for homes on ...
Real estate transfers
Heimir Geirsson and Lara Hallgrimsdottir to William Carter and Adrienne Gennett, property at 1526 Harding Ave. — $168,000. Sandra Peters to Kat Yee Yum and Sui Ping Leung, property at 428 25th St. — $140,000. Lawrence Roden Trust to Syed Azam and ...
Colliers releases Solano-Napa commercial real estate report
FAIRFIELD — Colliers International's Fairfield office, which covers commercial real estate in Solano, Napa and parts of Contra Costa counties, recently released first quarter market research reports. The reports indicate industrial real estate in the ...
United Real Estate presents production awards
SIOUX CITY | Kevin McManamy, President of United Real Estate Solutions, recently presented production awards to the company's top producers at their quarterly awards breakfast. Those earning Bronze Awards were Shari Moon, Rachel Weerheim, Eric ...
Postal Service urged to end deal with real estate broker
The Postal Service needs to end its relationship with a major commercial real estate broker, a federal watchdog said this week. USPS's inspector general said the agency's set-up with CBRE, in which the real estate broker sometimes represents both sides ...
Erie County Real Estate Transactions
59 Fries Ave., Kevola Llc to RZ Real Estate Llc, $39,000. • 91 Ericson Ave., Katherine Jarrell; Phillip C. Jarrell to Asia Kazal, $39,000. • 204 Ladner Ave., Thomas E. Boechel to Buffalo Invest Llc, $35,000. • 35 Courtland Ave., Willie Bell Slaughter ...
Real estate lending rises in North Jersey
What's more, much of the growth is in loans collateralized by riskier non-owner-occupied commercial real estate. Last year, that loan category grew by 17.8 percent at New Jersey's banks, the highest rate since before the financial crisis, said Robert ...
Real Estate Billionaire Wang Jianlin Is Back On Top As China's Richest Man
Real estate mogul Wang Jianlin is back on top as China's richest man after shares in his two most valuable listed companies closed at record highs last Thursday ahead of the country's May Day holiday. Wang, who was surpassed by renewable energy ...
Magical Words In Real Estate: Plan 9 From Outer Space Was Filmed Here!
Granted, 5628 1/2 Santa Monica Boulevard has changed a lot since Ed Wood and his merry band of grave robbers prowled Hollywood. The 14,000 square foot property, built in 1925, is now an apartment building with a bar, “Gold Diggers Entertainment,” ...
Why Real Estate Should Be in Your Portfolio
Investors who have been inclined to dismiss listed real estate as an attractive asset class since the financial crisis should perhaps reconsider, as they could be missing out on the important roles that listed real estate can play in multi-asset ...
The No. 1 threat to the real estate industry: Transactional versus relational ...
The No. 1 threat to the real estate industry: Transactional versus relational ...
Australia Tightens Rules on Real Estate
Australian property has long been a popular choice for Chinese buyers but the flow of money has accelerated. China overtook the United States to become the largest source of foreign investment in Australia last year, riding a surge in real estate ...
Instagram's Role in Commercial Real Estate
Instagram, which has become the preferred social-media tool for many New York residential real-estate brokers, is beginning to show up more in the commercial real-estate brokerage business as well. Commercial firms and brokers remain much heavier ...
Sheriff allegedly shoots real estate agent at house showing
A baffling case of an officer-involved shooting is unfolding outside of Atlanta as police are investigating Clayton County Sheriff Victor Hill, who reportedly shot a female real estate agent at a house showing on Sunday. While the shooting has been ...
Colliers International buys Dallas commercial real estate firm
Colliers – which has a large operation in North Texas – bought CASE Commercial Real Estate Partners LLC, a boutique brokerage firm. Colliers said the purchase of CASE will expand its services in medical office, corporate solutions, retail, self-storage ...
China Real Estate Is Unstoppable
Beijing has thrown everything plus the kitchen sink at China's real estate to keep it from overheating. But a new mini-QE program at the central bank, coupled with the hundreds of millions of dollars majority shareholders have made in real estate this ...
Pinnacle Entertainment in talks to sell real estate assets
In March, casino property owner Gaming and Leisure Properties publicly announced that it offered to buy Pinnacle's real estate assets in a deal it valued at $4.1 billion, including debt. At the time, Pinnacle said it would review the offer. Under the ...
Why are female real estate agents so dominant in Brooklyn?
But one thing's for sure: The analysis still shows that female real estate agents have cornered many local markets in Brooklyn. “The fact that females are increasingly the backbone of the real estate brokerage world has slowly but surely come to light ...
NYC Real Estate Brokers Say Healthy Fast-Casual Isn't Going Anywhere
New York's real estate brokers who specialize in restaurant deals make up a small group of people who often know what's coming down the pipe long before even the most die hard dining fans know what's up. The Real Deal spoke to seven of them, asking ...
Selequity Is A Crowdfunding Platform For Investing In Commercial Real Estate
For those who are looking to invest in real estate, finding good opportunities can be difficult. In commercial real estate, unless you know a property owner or developer, it's nearly impossible to get your foot in the door. But today onstage at Disrupt ...
Roanoke council discards waste fee proposal; real estate tax increase proposed
The council voted 5-1 to direct City Manager Chris Morrill to prepare a budget with a real estate tax rate increase of 3 cents per $100 of value, to $1.22; a motor vehicle license fee increase from $20 to $28, and a meals tax increase from 5 percent to ...
Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging ...
Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging ...
BGC Partners Buys Real Estate Consulting Firm
In a move to bolster its real estate arm, the brokerage firm BGC Partners has struck another takeover. The firm announced on Tuesday that it had purchased Computerized Facility Integration, a consulting and technology service provider that helps real ...
Hiring a Realtor vs. For Sale by Owner
With the recent appreciation in home prices, this spring might be a good time to sell your home. But which is the smarter way to do it, hire a real estate agent or list it yourself? With sites such as Zillow and Trulia available on demand, the for-sale ...
The Pitch: Dallas' HipPocket launches real estate private social network at ...
The Pitch: Dallas' HipPocket launches real estate private social network at ...
That Real Estate Show
Consumers are spending again and that's good news for the real estate market in the Valley. Mike Sunnucks of the Phoenix Business Journal shared the news during his weekly visit to KTAR News 92.3's That Real Estate Show. He pointed to an increase in ...
Lifestyle real estate brokerage. That's a thing?
Just when I think I've heard it all as a former real estate broker at Marcus & Millichap in the 1990s, here comes the trendsetters (thanks to HGTV, no less), with a new kinda real estate brokerage that appeals to homebuyers that feel the need to be ...
The incredible real-estate portfolio of Bill Gates, the world's richest man
With a net worth that's estimated to be as much as $80.1 billion, Microsoft cofounder Bill Gates is the richest man in the world. Gates has exactly the kind of real-estate portfolio you would expect from a billionaire, from a Washington mansion worth ...
Downtown restaurateur Lambrecht adds real estate — and pet cremation — to ...
Downtown restaurateur Lambrecht adds real estate — and pet cremation — to ...
In stinging defeat for Google, LinkedIn scores lion's share of real estate ...
In stinging defeat for Google, LinkedIn scores lion's share of real estate ...
Birmingham real-estate firm Graham & Co. is opening a new Biloxi, Miss., office
Wilke joined the company's Huntsville office in 2000 specializing in sales, leasing and investment of industrial and office property and has completed over eight million square feet of real estate transactions with a market value in excess of $175,000 ...
Big Names in New York Real Estate Figure Into Skelos and Silver Cases
Rob Speyer, chairman of the Real Estate Board and co-chief executive of Tishman Speyer, which controls Rockefeller Center and the Chrysler Building, has a cameo role in the complaint against the Skeloses. And Steven C. Witkoff, a developer who recently ...
Saudi Stock Windfall Seen by Tadawul CEO on Real Estate Tax
Saudi Arabia's stock market may benefit from funds seeking refuge from a land tax as share sales accelerate, the country's bourse chief said. The government's plan to charge fees for undeveloped land may “trigger a flight of capital from real estate ...
New SEC Regulations Open Online Syndications to More Real Estate Investors
With this new SEC guidance that implements Title IV of the JOBS Act paving the way for companies (including real estate operators) to raise capital from non-accredited investors, millions more people will be able to participate in real estate ...
Top real estate trends for investors in 2015
The U.S. is an ideal location for real estate investment. With a number of real estate developments offering a wide range of options for buyers, it's a good time to invest in the real estate market. The Atlanta real estate market is on the top in the U ...
Finding out more about a real estate agent before you hire
Consumers looking to engage the services of a real estate agent this spring will find a lot more choices and new faces to consider. On average, the Illinois Association of Realtors is adding 375 new members a month. While some members are leaving the ...
Update: NV panel rules Krch Realty violated law in short sales
UPDATE 2: May 6, 2:47 P.M.. Another Krch Realty staff member was found by the Nevada Real Estate Commission to be in violation of state law while taking part in short sale transactions. Michael Harding, a real estate agent with Sparks-based Krch Realty ...