Real Estate News

Real estate News 06/2016



Low-Cost Real Estate Financing For Small Businesses: SBA Brings Back 504 Refinancing Program In June
For small businesses with high-cost loans for office buildings, warehouses or other real estate, a new government program offers potential relief: The Small Business Administration's will begin accepting applications for its 504 refinancing program on ...
Here's how a Brexit could impact NYC real estate
Luxury real estate prices in central London grew 0.1 percent year-over-year in May – the lowest growth rate since October 2009. Knight Frank sees the looming referendum as the “primary cause” of the latest slowdown. “Buyers and sellers are postponing ...
Highland Park grad's company Door slams traditional real estate broker approach
It was nuts,” says Doubet, who has already been involved in several successful early ventures and a couple of real estate flips. “It was a presumptuous transaction. And that ticked me off.” Doubet's model is quickly gaining traction, albeit from ground ...
Forget Clinton's fake scandals — Donald Trump's history of real estate grifts is the real deal
Another shady deal that Trump is involved in also has to do with real estate. Trump has set up a little side business that is also grift-y in nature, where he licenses his name to other real estate developers to trick would-be investors into thinking ...
Brightstone Capital Partners, a Global Real Estate Investment Management Platform, Established by Vanke and a ...
Brightstone Capital Partners, a Global Real Estate Investment Management Platform, Established by Vanke and a ...
Real estate heir accused of mutilating girlfriend in 'vampire' murder
The heir to a Canadian real estate fortune pleaded not guilty to carving up his girlfriend and leaving her bloodless body behind in their West Hollywood apartment. Struggling screenwriter Blake Leibel, the 35-year-old son of a Toronto tycoon, is facing ...
Marquette's Eppli named president of national real estate organization
Mark Eppli, Ph.D., professor of finance and Robert B. Bell Chair in Real Estate at Marquette, will lead the national nonprofit organization that funds top-tier research on real estate investment performance and market fundamentals for the commercial ...
Canada Real Estate: Bad Signs Are Piling Up In Toronto And Vancouver's Markets
Earlier this month, the Canadian Real Estate Association (CREA) reported that sales had flatlined in both cities in March and April. And now, the Organization for Economic Co-operation and Development (OECD) is calling on Canada to clamp down on ...
Poll shows Virginians optimistic about real estate market
Optimism about real estate conditions was up 6 percent since the last quarter's survey, with close to 32 percent of respondents feeling more optimistic than pessimistic about the market. Sixty-two percent of Virginians believe the condition of the real ...
Real Estate Boom Pinches a Produce Supply in the Hudson Valley
But the demand for locally grown foods is colliding with another powerful force: a booming real estate market, particularly in the Hudson Valley, driven by waves of newcomers from New York City, perhaps drawn by the region's natural beauty, more ...
Divorcing real estate tycoon hid girlfriend in Park Avenue pad for 2 years
Divorcing real estate mogul Harry Macklowe has been secretly keeping his girlfriend in a Park Avenue apartment for as long as two years, sources tell Page Six. After Page Six broke the news of the 79-year-old's impending blockbuster divorce from his ...
The Update on Auto Dealership Real Estate Market
When the auto dealership market was severely depressed, many owner-users took advantage of the lower prices to purchase their real estate and this represented more than 70.0 percent of auto dealership purchases. As the market recovers, the rising ...
BCIMC takes real estate into its own hands
The Vancouver-based pension fund heavyweight's new platform called QuadReal Property Group will develop and manage buildings in Canada, the U.S., Asia and Europe, starting with $18-billion in its own real estate assets. The pension plan, which ...
Ex-Letterman producer has new career as real estate agent
Robert Morton — who spent 14 years as an executive producer on David Letterman's shows on NBC and CBS — has a new career selling houses. Morty, as he was called, obtained his broker's license a year ago and is now a real estate agent with Partners ...
Infographic: Vancouver Real Estate Mania – A Timeline Of A “Bubble”
The story of a humble 86-year-old home in Vancouver's Point Grey neighbourhood was widely circulated by national media outlets and became a lightning rod for local frustration with skyrocketing property values. The “knockdown”, with its rotting walls ...
This Is America's Richest Self-Made Woman In Real Estate
How do you become the richest self-made woman in American real estate? For Dorothy Herman, the path to success includes surviving childhood trauma and raising a daughter as a teenager. Nicknamed Dottie, she joins Forbes' second annual richest ...
Bilfinger to offload real estate services arm
Bilfinger, the German engineering group that provides maintenance services for industrial plants, is to sell its real estate services arm to Swedish private equity group EQT for €1.2bn. The sale comes weeks after Bilfinger chief executive Per H ...
Former Macy's real estate exec finds new home
Local private equity firm Viking Partners has landed a big name in Cincinnati real estate to help grow its book of business. Carl Goertemoeller, Macy's former head of real estate, joined the Blue Ash-based company last month as chief business ...
Real estate firm rolls out new name: Coldwell Banker Residential Brokerage
Two real estate brokerages in the Carolinas have merged and are now operating under a new name: Coldwell Banker Residential Brokerage. The combination of Coldwell Banker United, REALTORS in North and South Carolina and Russell & Jeffcoat Real ...
Real Estate Vampires Plot How To "De-Tenant" Rent-Stabilized Brooklyn
We often refer to New York having an "affordable housing crisis." In this terminology, as in the phrase "2008 economic collapse," or "Albany is a cesspool of corruption," it's easy to lose sight of the individuals driving the phenomenon. But in real ...
Top 10 Cities for Millennial Home Buyers
“The millennial generation's move into homeownership is one of the most important drivers of the real estate market over the next 15 to 20 years,” says Chief Economist Jonathan Smoke of realtor.com®. He expects younger buyers will scoop up about 2 ...
Real estate a hot summer commodity
BOCA RATON, Fla. - While spring is traditionally the busiest time for real estate sales, this summer could prove to be the hottest time for buying or selling a home, according to a real estate economist at Florida Atlantic University. "From a buyer's ...
Hot Toronto real estate market continues to soar
TORONTO -- The Toronto area's real estate market set a new record last month, with nearly 13,000 homes sold. That's up 10.6 per cent from May 2015 in what was already one of Canada's hottest real-estate markets. The Toronto Real Estate Board says ...
How Tech Is Changing the Real Estate Market
Technology has caused change, and sometimes disruption, in almost every industry. Real Estate is no exception to this. In fact the way that real estate agents and others in the industry do business has been significantly impacted by technology. In some ...
Low Inventory And High Demand Drive Real Estate Prices Higher In Jackson Hole, Wyoming
Sales were down 3 percent in the first quarter while prices inched up 7 percent compared to the same 2015 period, according to Jackson Hole Real Estate Associates, an affiliate of Christie's International Real Estate. Those numbers are based on ...
Will East Harlem Remain the Caboose on Manhattan's Real Estate Train?
The natural impulse upon stumbling across one of these real estate Brigadoons is to question: What's the deal? Typically, this is then followed by a fleeting moment of glee as you briefly contemplate your future home, which then gives way to a sweaty ...
Technology is Changing the Role of the Real Estate Agent
It may be hard to conceptualize, especially for first-time home buyers or those yet to begin looking for their first home, but 15 years ago, the real estate market was a different beast, information wise. When records used to be buried in file folders ...
ARMA Acquisition announced formation of A360 Real Estate Solutions
ARMA Acquisition, an investment group based in Florida that provides business solutions to the financial services, real estate and legal services industry, just announced the formation of its new A360 Real Estate Solutions, a national fulfillment ...
Kokes family, legacy honored at Monmouth University's Kislak Real Estate Institute awards
The venerated real estate attorney recounted the story on Thursday night in tribute to Kokes' legacy and family. It was part of the honor bestowed upon Jan Kokes, now the longtime president of the The Kokes Organization, as he received the Leadership ...
Jason Pizer out at Trinity Real Estate
Months after selling a chunk of its massive Hudson Square portfolio to Norway's sovereign wealth fund, Trinity Real Estate has parted ways with president Jason Pizer. Pizer, who was tapped to lead the real estate arm of Trinity Wall Street in 2010 ...
Douglas Todd: How much does the real estate industry influence BC politicians?
Roughly $12 million of the Liberals' corporate donations came from the real estate industry, more than double the rate of contributions from the next biggest donor sectors, mining and forestry. Despite pleas by the NDP Opposition, the Green party, the ...
The Top 10 Cities to be a Real Estate Agent in 2016
Florida is the place to be. Only one Florida city made the top ten in last year's study, but this year there are three Sunshine State cities on our list of the best places to be a real estate agent. Port St. Lucie is back, joined by Cape Coral and ...
Who's buying real estate in Atlantic City?
Palmisciano, of Wildwood Crest, has brokered real estate for more than 30 years. Distressed property is his niche. To him, “Atlantic City is a long-shot investment. It's going to depend when they can make that city vibrate again, regardless of the big ...
A Record Breaking Real Estate Property Sold In Center City
PHILADELPHIA (CBS) — A Philadelphia developer sold a record-breaking piece of real estate in Center City. Tom Scannapieco, president of Scannapieco Development Corporation is responsible for the city's single most expensive property. “We sold the ...
27th Annual Real Estate Games Set Records For Attendance, Fundraising Again
The DC real estate industry came together yesterday to raise $520k for diabetes research at their 27th annual JDRF Real Estate Games, surpassing their goal and breaking last year's record. For the first time, the games' honorary chair was a woman, JBG ...
Tale of Trump and Partner in Azerbaijan Real Estate Project
Six months before he entered the presidential race, Donald Trump announced a new real estate project in Baku, Azerbaijan. His partner was the son of a government minister suspected by U.S. diplomats of laundering money for Iran's military and described ...
Gilreath set to retire amid resurgence in area real estate values
Gilreath, after 30 years of public service to Volusia County, including the last 24 years as property appraiser, is retiring. He'll leave office at the end of this year just shy of his 73rd birthday and with the county's real estate market in the midst ...
Tale of Donald Trump and partner in Azerbaijan real estate project
In this May 5, 2016 photo, Republican presidential candidate Donald Trump gestures during a rally in Charleston, W.Va. By The Associated Press |. June 4, 2016. WASHINGTON — Six months before he entered the presidential race, Donald Trump ...
Toronto Real Estate Board ordered to open up online sales data
Some Toronto-area real estate agents are champing at the bit to take advantage of the Competition Tribunal's order as quickly as possible. Ara Mamourian, owner of Spring Realty, wrote in his blog that releasing the previously restricted information via ...
Real estate star leaves firm to campaign for Trump
Real estate maven Louise Sunshine has resigned from brokerage firm Compass, and is campaigning for Donald Trump. Sunshine was Trump's most senior female exec before she launched her eponymous marketing company, which merged with Corcoran ...
Real estate partners trade blows, stall promising new buildings
There's a huge cultural clash of egos, a war of words and a multimillion-dollar New York real estate project facing ruin in a massive public brawl. The opponents: Gotham business owners in one corner, and in the other, Chinese private equity giant ...
Your money's worth: Hot opportunities in real estate
I share these as a reminder that Santa Fe is a very desirable location — and a great place to buy real estate. When you look for places to invest your money, there are checking, savings, money market and certificate-of-deposit accounts currently ...
Culture key in Sibcy Cline's real estate success
SYCAMORE TWP. - Real estate is an intimate business. Finding a home for a family requires attention and familiarity, according to officials from Sibcy Cline, the region's largest residential real estate brokerage. It also takes building relationships ...
Real estate company buys major player in Edisto market
Carolina One Real Estate purchased one of the larger agencies in southern Charleston County in May, a move designed to “enhance service” and boost exposure in the region. The Charleston-based firm acquired Prudential Kapp Lyons Realty, an Edisto ...
Real estate briefly: Citivest buys in Oregon; Ware Malcomb completes Fiat-Chrysler business center
Citivest Commercial LLC, a Newport Beach-based commercial real estate firm that specializes in retail investments, has acquired Jackson Creek Center for roughly $5.4 million in Medford, Ore. The grocery-anchored, 87,847-square-foot shopping center is ...
Online real-estate class bill faces shaky opposition
What seemed to be an innocent bit of legislation is kicking up plenty of dust in the Ohio real-estate world. The proposed law, House Bill 532, would allow prospective real-estate agents to take classes online. The proposal seems routine, especially ...
Hawaii Real Estate Sales
Hawaii Real Estate Sales. Posted on June 5, 2016 12:05 am. Derived from Hawaii Bureau of Conveyances tax data. Information deemed reliable but not guaranteed. Read More · Please click here to log in to view this story. – or –. NEW SUBSCRIBERS ...
Saudi Real Estate, Starwood agree on Riyadh project
DUBAI (Reuters) - Saudi Real Estate Co has agreed with U.S. firm Starwood Hotels and Resorts to build two hotels next to a district of Riyadh which the government plans to develop into an international business zone. Starwood will manage a five-star ...
Erie County Real Estate Transactions
ALDEN. • 1561 Emerson St., Ralph J. Davis Jr.; Ruth L. Davis to Gregory Thomas Goczek; Ronald V. Toczek, $159,000. AMHERST Highest price: $1,388,060 Average price: $230,025 Median price: $168,500 Number of Sales: 49. • 1925 Niagara Falls Blvd., ...
Niagara County Real Estate Transactions
Estates at Wildwood Acres Condo A Unit 69 Steele Circle, Robert B. Jeeves to Lisa Salerno, $60,000. • Michigan Ave., David G. Pizzimenti; Rhonda L. Pizzimenti to Johnathen Olivier Groombridge, $59,500. • 56th St., Marilyn J Ramsey Revocable Trust; Dora ...