Real Estate News

Real estate News 11/2015



Realities of Real Estate: The really big picture on real estate
When assessing the state of the market, we look at the real estate industry on a variety of levels. If the goal is to determine the value of an individual home, we'd compare it to similar homes that have sold in that specific neighborhood and then ...
Real Estate Roundup
In the latest San Francisco market report from Paragon Real Estate, median sales prices for the third quarter of 2015 dipped, falling from $1,210,000 to $1,155,000. Paragon notes that “it's not unusual for median prices to drop in the third quarter ...
RI Real Estate Notes: Luca is Realtor of the Year
Other candidates for the award included Agueda Del Borgo of Places & Spaces Realty in Providence, Belinda Nattress of Keller Williams Realty Newport in Middletown, Greg Dantas of RI Real Estate Services in East Greenwich and Richard Carrubba of ...
Erie County Real Estate Transactions
80 Woodshire, Kirby V. Coffman; Vanessa M. Coffman to Franconia Real Estate Services Inc., $249,900. • 80 Woodshire South, Franconia Real Estate Services Inc. to William K. Vogtsberger, $249,900. • 131 Holloway Creek Lane, Vanderbilt Properties Inc. to ...
La Crosse County real estate transfers for Sunday, Nov. 1, 2015
Hemstock Partnership LLC to Rochester Real Estate Co. LLC, 3605 Hemstock St., $370,000. Harmon Place Properties LLC and Harmon Properties LLC to Martin Warehousing LLC, 122 and 140 Buchner Place, $1,2000,000. Jaren and Jenna Kindschy to ...
A teepee at the Gulf; 2 new real estate agencies
D.R. Horton paid $3.298 million for 97 townhome lots in Waterfall, a planned subdivision on Waterfall Circle north of U.S. 98 off Alf Coleman Road in Panama City, Fla., according to Nathan Cox, CEO of Bellator Real Estate & Development. The volume home ...
Real Estate Developers' "Bronx Is Burning" Rave Criticized For Tone-Deafness
A star-studded Bronx rave this week hosted by real estate developers in support of two luxury towers along the South Bronx waterfront has come under criticism for being tone-deaf and insulting to local residents. Among other things, the party featured ...
New York's Tishman Family Turns to Real Estate Tech Startups
New York's Tishman family has been a major player for more than a century through the ups and downs of real estate. Now one of the family's main branches—the one that ran Tishman Realty & Construction for decades—also is getting a good feel for the ...
Real estate transactions
Sales. Retail. Bonita Investments has sold the Atascocita Shopping Center, a 56,172-square-foot center at 7506 FM 1960 East. John Ernst of J. Beard Real Estate Co. represented the seller. The center is 90 percent occupied and includes Auto Zone ...
Top 10 Most Influential Online Commercial Real Estate People for 2015
Now on its 6th year, Duke Long has released 2015's Top 10 Most Influential Online Commercial Real Estate People. According to the website's founder and blog author, Duke Long, the list has been based on the real estate professionals' hard work. And the ...
Real Estate Prices in Sydney Ranked as the Third Most Overrated Worldwide
UBS recently announced that it has come up with a Global Real Estate Bubble Index to determine which real estate markets in the world is in danger of reaching a bubble and eventually burst into a crisis. According to Your Investment Property Mag ...
Secret tapes, blackmail threat: Luxe real-estate rivalry turns nasty in Miami
In the cut-throat world of South Florida luxury real estate, the glamorous Miami Beach duo known as The Jills has long reigned supreme — provoking plenty of professional jealousy along the way. Still, Jill Hertzberg and Jill Eber were caught off guard ...
Live famously: Celeb real estate on the NYC market
New York has more celebrity-owned real estate than any other city in the United States, with Los Angeles trailing closely behind, real estate experts told us. But instead of contributing to the city's expensive market, our sources said that New Yorkers ...
Home Real Estate welcomes associates
HOME Real Estate would like to welcome the following realtors to the company: Sheyma Salem, Katy Manning, and Ian Gilgallon to the North office; Mark Hill, Cheryl Schmieding and Susan Kirkpatrick to the Pine Lake office; Megan Winans and Melody ...
CPS Real Estate, leading Sonoma County brokerage, to be rebranded as Better ...
CPS Real Estate, leading Sonoma County brokerage, to be rebranded as Better ...
Here's one way to deal the Denver metro area's real estate market
"From 2004 to 2014, wages have increased by about 27 percent, according to the Bureau of Labor Statistics," Denver Business Journal Real Estate Reporter Molly Armbrister said. "That's opposed to home prices, which from 2005 to 2015 have increased 91 ...
Tucson Real Estate
Jeff Zellet and Pat Welchert, with Picor, represented the landlord and Tom Orr with TORR Commercial Real Estate Services, represented the tenant. JSAS Services Inc. leased 1,440 square feet at 3865 E. 34th St. from AP & D Investments LLP. Rob Glaser ...
Economic report -- housing and real estate
The real estate industry is mirroring the cooperative efforts of the many regional Chambers of Commerce collaborations and data mining efforts. It also is moving toward a more open and shared approach in information and data sharing. These efforts will ...
Dan Tishman focuses on real estate tech startup
Real estate executive Dan Tishman has been turning his attention to real estate tech startups. Recently, he became chairman of Ecorithm, which sells software that helps landlords with energy efficiency, according to The Wall Street Journal. He is among ...
The fading of the real estate-Senate Republican alliance
For years, the New York City real estate industry — developers and landlords alike — have been among the most reliable and generous political donors to the State Senate Republicans. In the last campaign cycle alone, the Real Estate Board of New York ...
The U.S. Commercial Real Estate Could be Seeing Growth
It's considered normal to assume that the real estate sector is on the way up but it has been a fact that real estate cycles do not really follow a definite pattern or timeline. They don't cease to exist out of natural causes. In 2008, during the ...
Canada Sells Athens Embassy Building, a Rare Deal in Greek Real-Estate Market
The government of Canada has sold its former embassy building in Athens, a rare deal in a Greek commercial real-estate market rendered all but dormant this year by the political uncertainty that has gripped the country. The 15,000 square-foot building ...
What The Chicago Property Tax Increase Means For Your Real Estate Deal
The reason for the extra caution is that when real estate transfers ownership the seller is responsible for the property taxes through the closing date but those taxes will not be known or paid until some time in 2016 - or even 2017 for deals closing ...
Do GOP state senators still represent real estate interests?
The longstanding alliance between state senate Republicans and the city's powerful real estate industry is showing signs of fraying. Leaders of the Real Estate Board of New York are quietly expressing frustration at the perceived failure of the senate ...
In Case You Missed It: October's Top Real Estate Stories
Each fall, thousands of students take up residence in New York City to attend colleges and universities, exacerbating the city's housing crunch. Many live in dormitories on campus. Others double or triple up in apartments farther afield to save on rent ...
Questions about real estate? Realtor group offers hotline
Homebuyers with questions can call a statewide hotline offered by the Arizona Association of Realtors. The hotline will be open Nov. 4 from 9 a.m. to 2 p.m. and offer tips about how the real estate market works, the association said in a news release ...
The 5 New Facts About D.C. Real Estate You Need to Know
With 15 years of developments tracked, WDCEP was able to analyze how Washington, D.C.'s real estate has progressed over the years. Below, you'll find a top five list of some of the most important take aways from WDCEP's data. The list is only focused ...
Real Estate Profile: Wallingford
That's higher than the neighboring University District at $605,700 and Fremont at $578,900. These three Wallingford homes range from $599,950 to $775,000. Scroll through the above slideshow to see inside the homes, and then see other recent real estate ...
The future of real estate: Selling homes using virtual reality in Tampa
Could the future of real estate be virtual reality? It's already a rising trend in bigger cities, but now this new technology for real estate is in Tampa -- and it could end up saving you time and money when searching for a home. When you think of ...
Centennial Real Estate Company Purchases Brazos Mall
DALLAS--(BUSINESS WIRE)--Dallas-based Centennial Real Estate Company, in partnership with Atlantic Creek Real Estate Partners, LLC (“Atlantic Creek”) and The North Shore Properties Group, LLC, closed on the off-market acquisition of Brazos Mall, ...
Recent Commercial Real Estate Transactions
RECENT SALE. $29.5 MILLION. 83-30 118th Street (between Metropolitan Avenue and Curzon Road). Kew Gardens, Queens. A local investor has bought this 1956 building with 109 apartments — 23 alcove studios, 61 one-bedrooms, two two-bedrooms and ...
Greek Real Estate: Canada Sells Embassy Building in Athens for a Low Price of ...
Greek Real Estate: Canada Sells Embassy Building in Athens for a Low Price of ...
SiteCompli Unveils Next Generation Compliance Monitoring and Analysis Platform ...
SiteCompli Unveils Next Generation Compliance Monitoring and Analysis Platform ...
Investing in Real Estate for Retirement Income How to find the most suitable ...
Investing in Real Estate for Retirement Income How to find the most suitable ...
Houston real estate investor drops $17 million on Produce Road properties
A Houston-based real estate firm familiar with the Louisville market has made another major purchase here. SparrowHawk Real Estate Strategists closed last week on the purchase of about 410,000 square feet of industrial space in three buildings from ...
Downtown Albany real estate attracts out-of-town buyers
The property was put up for sale over the summer with a list price of $2.2 million, said Tom Miller, co-broker with Rudy Lynch at Carrow Real Estate Services. "We did pretty well with it," Miller said. "There were a couple different people who were ...
New China policy could make buying SoFla real estate easier
China's Central Bank is moving forward with capital markets reforms that could make it easier for Chinese citizens to invest in South Florida real estate. The country's monetary policymakers announced on Friday they may soon allow residents of a ...
Pasco County real estate transactions for Nov. 6
19711 Equestrian Ln., to Denise Danielle As An Executrix Greer & Denise Danielle As An Heir Greer by Gwinn L. Cisler & Jan E. Cisler, $400,000, 10/16/2015. 36910 Missouri Ave., to Jerry Levings & Vickie Levings by Susan S. Schrader, $250,000, ...
Real estate firm offers rent-free office space to Denver-area oil and gas ...
Real estate firm offers rent-free office space to Denver-area oil and gas ...
Real Estate Roundup: Upscale fitness center planned for new downtown high-rise
GVA LLC, an Austin-based real estate investment company, purchased Wellington Palms, 5800 Wellington Drive. Andrew Shih of ARA Newmark represented the seller, a private partnership in Los Angeles. The 86-unit complex, built in 1969, was 100 percent ...
Forest City strikes sale deals for military housing, other real estate; no ...
Forest City strikes sale deals for military housing, other real estate; no ...
Commercial real estate transactions
A Dallas-based private real estate fund managed by Crow Holdings and BK Real Estate Funds has purchased Century Legacy Village, a 328-unit apartment community at the corner of Spring Creek Parkway and Windcrest Drive in Plano. JLL's Jeff Price, Bill ...
Jury selection begins in Indian Hill real estate case
Jury selection began Wednesday in two of the criminal cases that stemmed from an Indian Hill real estate deal gone bad. Defendant Crysta Pleatman is charged with two charges of telecommunications harassment after she allegedly repeatedly contacted ...
Real estate market in "full retail mode"
"We're catching up,." That was the bottom line on the real estate market at the fifth annual Market Trends on Wednesday night. “There was a time when a realtor couldn't go wrong, a time when everything was wrong, and a time when you couldn't go wrong ...
Ares Commercial Real Estate Corporation Reports Third Quarter 2015 Results
CHICAGO, Nov 05, 2015 (BUSINESS WIRE) -- Ares Commercial Real Estate Corporation (the “Company,” “ACRE,” “we,” or “our”) ACRE, -2.00% a specialty finance company primarily engaged in principal lending and mortgage banking of commercial real ...
MIDEAST STOCKS-Saudi slips, real estate firms boost Dubai and Egypt
Sipchem drops after saying it may skip dividend * Saudi Printing and Packaging plunges, may have peaked * Egyptian real estate shares surge * Ezz Steel rises despite wider quarterly loss * No impact on tourism shares from Sinai bomb suspicions By ...
Longfellow expands real estate expertise in Durham, adds veteran Robb Teer to team
Longfellow Real Estate Partners, the Boston-based real estate development firm that's leading plans for the redevelopment of the 15-acre Durham Innovation District in downtown Durham, has announced the addition of Durham real estate veteran Robb Teer ...
Painful Real Estate Investing Mistakes
Real estate has always been considered a good investment. However, smart investing is not simply finding a vacant property and waiting for the income. Many mistakes in judgment can ruin your plan for investing. Experienced investors realize that the ...
Guam's Rising Luxury Real-Estate Market
Currently, the real-estate market is surging on the island, which is about 30 miles long and has about 170,000 inhabitants. Tourism has increased, with travelers from Korea, Taiwan and China buying beachfront condos and other property for less than it ...
People In Business: Chris Martin and Tom Roberts of Ayre Real Estate
Agawam - Chris Martin has recently joined Ayre Real Estate as a licensed sales associate. He is a graduate of Agawam High School and has a B.S. in Biology from Western New England University. He served on active duty for eight years in the Army, and is ...