Real Estate News

Real estate News 05/2016



'Double agent?' A rift over how real estate is bought and sold reaches the California Supreme Court
"A real estate agent is bound by a strict code of laws, whether they are working for the buyer, the seller or both. With bank assessors typically involved – as well as a variety of special inspectors providing their opinions – there is little else to ...
A historic place with a tight real estate market
The Montgomery County community founded by German immigrants - it's the birthplace of Frederick Muhlenberg, the first (and third) speaker of the U.S. House of Representatives - will be observing its 300th birthday in 2017, and there's a steering ...
Canadians begin selling Florida real estate
Fitful financial markets and signs of a southwest Florida real-estate slowdown so unnerved Canadians Fab and Christa Michetti that they sold one of their two vacation homes there last month. The U.S. presidential election's isolationist talk provided ...
Hackers scam homebuyers by pretending to be real estate agents
Criminals are pretending to be real estate agents to steal your money online. Here's how it works: you're about to buy a new home, and everything's ready to close, when your real estate agent or title company emails you, asking you to wire the closing ...
LJ Hooker Glen Waverley scandal: Real estate boss and husband slammed by former agent
Franchisee Judy Thanh Truc and her husband, Joseph Ngo, had been recognised by the company as “Best Team of the Year 2015” at a state awards ceremony. But their real estate branches in Box Hill, Keysborough, Doncaster, Glen Waverley, Mount ...
America's 20 Hottest Real Estate Markets
Once a month, Realtor.com publishes a list of the “20 Hottest Real Estate Market” . The only thing many have in common is that there are in California–50% of the list. Part of the trend in California is that rising markets in real estate lift all boats ...
Real Estate Titans Talk Investing
When asked to describe their greatest fears as real estate investors, the speakers gave the same answer: an unpredictable event, such as terrorism or a disruptive political development. However, Arnold said the effect of terrorism on the market is not ...
Commercial Real Estate Veteran Dave Pintard Starts New Company
Pintard has been active in local real estate since 1979. Before launching Pintard Commercial Real Estate, he served as Director of Leasing at Investec for past 20 years, responsible for the leasing and tenant retention of more than 1.350 million square ...
Banks' Loss Rates For Commercial Real Estate Have Risen
Loss rates on banks' commercial real estate (CRE) loans rose in the final quarter of 2015 after being at multi-year lows the rest of the year, according to data from Sageworks, a financial information company. First-quarter data is expected in the next ...
Race and Real Estate: Vancouver's China Syndrome - a Karin Wells documentary
Karin Wells reports from Vancouver, where the most - and the wealthiest - Chinese immigrant investors have settled. Chinese newcomers are being blamed for pushing Vancouver real estate prices so high that nurses, teachers, even a few lawyers and ...
China Lending Inflates Real Estate, Stocks, Even Egg Futures
The reason for the unusual jump in egg futures, they say, is China's tendency to experience investment bubbles when the government steps up spending and lending. China's previous efforts to bolster growth unexpectedly sent money into real estate and ...
Real estate transactions
Sales. Industrial. Power Supply Seals has purchased a 22,415-square-foot manufacturing building at 4740 Eastpark Drive. Darren O'Conor of NAI Partners represented the seller, BV Oilfield Service & Supply. Jake Wilkinson of NAI Partners represented the ...
The rise of the Brooklyn real estate brand, in charts
That growth is, of course, embodied in the value of its real estate. Everyone's heard about the borough's rising prices, but there's a metric that shows Brooklyn real estate's rise even more directly: interest, embodied in the web search trends ...
Hottest Real Estate Markets Across U.S.? Go West, Homebuyer
"A robust buying season has already fully bloomed this spring," says Jonathan Smoke, chief economist at Realtor.com. "Pent-up demand, lower mortgage rates and strong employment continue to power the strongest and healthiest real estate market we have ...
REAL ESTATE DEALS
Little Town Estates LLC bought a 2,200-square-foot office condominium at 8936 77th Terrace, Suite 105, Lakewood Ranch, from BNS International for $380,000. Rico Boeras of Sarasota Commercial Realty LLC represented the seller and Ken Jorgenson of ...
Miami Experts Talk the City's Real Estate Industry and next It Neighborhoods
World Red Eye founder and celebrity photographer Seth Browarnik launched the Cultural Exchanges speaker series with a mission: to inform, encourage, and inspire Miamians on topics including nightlife, real estate, art, and fashion. Browarnik is doing ...
Real Estate Roundup: May 2, 2016
Good morning, readers. Here's a summary of recent transactions and personnel news within Greater Boston's real estate community. Upcoming Events. Real Estate: A Powerful Discussion. May 05, 2016 · Insight into Boston's Economy (In Partnership with ...
When NYT Real Estate Stories Read Like 19th Century Colonial Dispatches
The New York Times Real Estate section is written for the rich by writers who are either themselves rich or very good at faking it. The tone is one of “oh, what inequality?” matter-of-factness, where $2 million loft purchases are thrown around like ...
HBJ reveals Houston's 2016 top Heavy Hitters of commercial real estate
Although the numbers are down significantly from the year prior, Houston's top brokers still completed billions of dollars' worth of commercial real estate deals in 2015. Every year, the Houston Business Journal recognizes the top local commercial real ...
The start of a more competitive real estate market
The Commissioner of Competition, the federal agency tasked with advocating for the rights of Canadian consumers, won their abuse of dominance case against the Toronto Real Estate Board (TREB) after fighting for years to have sales data made accessible ...
Chinese Expand Global Real Estate Buying
Chinese buyers are increasing their search for real estate around the world, although government restrictions limit the movement of money out of China. Some European countries have offered Chinese buyers visa programs linked to buying property. Greece ...
Tucson Real Estate: Industrial markets hits record sales
Jeff Zellet, with Picor, represented the landlord and Michael Coretz, with Commercial Real Estate Group of Tucson, represented the tenant. Raw Smoke Shop LLC leased 975 square feet in the St. Mary's Plaza, on the southeast corner of Saint Mary's and ...
Real Estate Reality Check $200000
Then you move to Southern California where Real Estate is now just about as high as it was before the housing crisis nine years ago. Sure mortgage rates are low but that doesn't help you with the down payment that would get you into a more expensive ...
Real estate exec nabs top home sale for April
The president of a New York real estate firm that recently entered the local market has finalized his move to Richmond with the top area home purchase for April. A 6,300-square-foot home at 2712 Monument Ave. sold April 19 for $1.56 million, just below ...
Boston Real Estate Expert Michael Feinberg Joins Alliant
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Michael G. Feinberg has joined the Real Estate Group of Alliant Insurance Services as Executive Vice President, where he will deploy his broad industry expertise to deliver sophisticated risk management and ...
How Real Estate Adds to Retirement Income
"Rental properties can be an excellent way to balance an investment portfolio, since real estate does not correlate highly with stock market fluctuations. Real estate, if purchased correctly and managed properly, can provide a steady stream of income ...
Future for New Orleans economy, real estate focus of UNO conference
The annual Dr. Ivan Miestchovich Economic Outlook & Real Estate Forecast Seminar will include experts talking about overall economic growth, hotel developments and trends in commercial and residential real estate. The conference will be held at UNO's ...
Alliant Hires Feinberg as Executive VP of Real Estate Group in Boston
Alliant Insurance Services, a specialty insurance brokerage based in Newport Beach, California, has hired Michael G. Feinberg as executive vice president of its Real Estate Group. Based in Boston, Feinberg will deliver risk management and insurance ...
Investors approve management change at Pittenger real estate firm
Under the pact, investors agreed to forgo potential legal claims against Pittenger Land Investments in return for PLI's turning over control of the investments to Charlotte-based real estate firm South Street Partners. PLI is to receive $6 million in ...
Bandini Named AVC for Real Estate Ops
Bandini will oversee all university real estate activities through engagement with internal and external partners. He will oversee the university's real estate portfolio and operations across NC State's campuses, cultivate and implement strategic ...
Orem real estate manager indicted in multimillion-dollar Ponzi scheme
SALT LAKE CITY — An Orem man bilked investors in his real estate firm out of $16 million over six years in a Ponzi scheme, federal prosecutors say. A grand jury indicted Chad Roger Deucher, 43, on 18 counts of wire fraud and one count of fraud in ...
Vancouver housing sales hit record highs during real estate boom
Housing prices in Vancouver's suburbs are soaring as sales volume hits record highs during the real estate boom. The benchmark price for single-family detached houses sold last month in Tsawwassen, B.C., reached a record $1.17-million, up 41 per cent ...
Virtual reality real estate tours
NEW YORK (FOX 5 NEWS) - Adam Greene is developing five blocks of Downtown Brooklyn into 16 buildings housing 6,400 units and more than 8 million square feet of floor space. "One of the biggest components of it," Greene, vice president of residential ...
Real estate developer behind mystery $50000 donation
A publicly untraceable $50,000 donation made ahead of the election of newly christened Democratic state Sen. Todd Kaminsky appears to have come from a politically connected real estate developer with significant business before the administration of ...
Real Estate Board of New York announces Retail Deal of the Year nominees
Here are the long-awaited submissions for the Real Estate Board of New York's 18th Annual Retail Deal of the Year Awards that will be handed out the evening of June 7 at the Club 101 at 101 Park Ave. The 13 submissions include just one in Brooklyn and ...
Real Estate Reality Check - $400000
When we set out to find the homes our budget would buy, we knew we would get little to nothing for $200,000. But doubling that price limit to $400K we just assumed we were firmly in the SoCal housing market. Our eyes didn't want to tell our wallets ...
'Crazy' real estate bidding wars infect the suburbs
It is a town where, according to the Toronto Real Estate Board, the average price of a detached home was $518,705 in April of last year. Now it's $618,032 — an increase of more than 19 per cent in a year. And over the entire 905 region of the Greater ...
VTS raises $55M for its commercial real estate management platform
VTS, a commercial leasing and asset management platform for landlords and brokerages, today announced that it has raised a $55 million Series C funding round led by Insight Venture Partners. Previous investors OpenView and Trinity Ventures also ...
Centennial Real Estate Company Announces Leadership Additions
DALLAS--(BUSINESS WIRE)--Centennial Real Estate Company, a national owner and operator of regional malls and community shopping centers announced the appointment of four accomplished team members. Centennial has named Andrew Galvin, ...
Real estate, construction revenues jump in Summit County
Following this pattern, Breckenridge's real estate transfer tax collections increased 41.66 percent for the month of February, with single-family homes accounting for the largest portion of sales (29.91 percent). Waldes said this was an indicator of a ...
Capital markets still look healthy – and that's good for commercial real estate
Price increases for commercial real estate have slowed and deals appear to be slowing as well, but neither show signs of collapsing as they did following the peak of the market in 2007. And despite the frenzy of building in Charlotte and other cities ...
With the L Train Shutdown Looming, a Real-Estate Executive Is Still Trying to Make an East River 'Urban Gondola ...
With the L Train Shutdown Looming, a Real-Estate Executive Is Still Trying to Make an East River 'Urban Gondola ...
Oil boom towns could be facing real estate busts
Oil companies have been forced to reduce their workforces in the wake of lower prices, which has had a spillover effect on the local real estate markets. Related: Everything you need to know about buying your first home. The country's hottest markets ...
This Real Estate Company Wants to Get Arizona Stoned
The Scottsdale, Arizona-based company is one of the nation's only real estate firms to specialize in building industrial facilities for industries involved in the growing, cultivation, and research of cannabis and its ancillary products. In February ...
SLO County real estate agent won't be cited for motocross video stunts
Topher Ingalls, a former professional motorcross racer and Templeton native, is now selling real estate in San Luis Obispo. He says he made this video to depict his transition from the world of motocross to that of real estate. Dustin Boeddeker SkEye ...
Live in Montana Real Estate opens Great Falls office
Live in Montana Real Estate opens Great Falls office. Live in Montana Real Estate has opened a new branch office located at 1601 2nd Ave. N. Suite 319 in Great Falls. Live in Montana Real Estate welcomes veteran real estate agent Ronald Lipke. He was ...
IBM selling 1 million square feet of Rochester real estate
IBM Corp. said Wednesday it will cut a big chunk of its Rochester real estate holdings, selling as much as 1 million square feet of space to an outside developer, as it consolidates employees in its remaining buildings. Still one of Rochester's biggest ...
Trump must sell real-estate assets, take loans to keep self-funding campaign
The real estate tycoon has gotten off relatively cheap so far, spending about $47 million on his campaign operation while getting his message out to voters with massive amounts of free airtime on TV and radio. However, the national campaign is about to ...
Real estate or fake estate
Rhonda DeHaan, a Watford City real estate agent, recently had photos of one of her properties stolen and used on Craigslist post. The post claimed to be renting out a 1,293-square-foot, three-bedroom, two-bathroom home for $750 a month in the newly ...
Real estate mogul scoops up scandal-plagued $15M home
Real estate mogul Frederick Rudd and his wife Kim are the new owners of Ghislaine Maxwell's $15 million townhouse at 116 E. 65th St, Gimme Shelter has learned. This is not the first time Rudd has purchased real estate from a, um, colorful and ...