REAL ESTATE

Source: au.rd.yahoo.com --- 20 hours ago
Parliament has passed new legislation tonight which will see the establishment of an independent body to oversee the REAL ESTATE industry. ...

Source: www.washingtonpost.com --- 9 hours ago
NEW YORK (Reuters) - Lehman Brothers Holdings Inc is considering a plan to put some $32 billion of its commercial REAL ESTATE and mortgage assets in a new company and spin it off, Bloomberg reported on its website on Thursday. ...

Source: www.moreover.com --- 13 hours ago
Perspective: From Property Portal Watch Bookmarking Sites Story Tools Sponsored by: Editor's note: The following post is from Property Portal Watch, a site that offers information about property-search portals around the globe. ...

Source: www.charlotte.com --- 14 hours ago
Neighborhood residents have long called East Boulevard the “backbone” of Dilworth, both for its central location and bustling activity. Many of them worry, though, that the scenery could change forever. Carolinas HealthCare System – parent of Carolinas Medical Center – and its REAL ESTATE representatives have bought dozens of nearby homes and some businesses over the years, spurring rumors of home tear-downs and medical school construction. Those worries grew in June, after an affiliate of Lincoln Harris, a REAL ESTATE firm, purchased properties along East Boulevard, which included the site of neighborhood hangouts Bruegger's Bagels and Caribou Coffee, for $3.6 million on behalf of the healthcare giant. Last year, another Lincoln Harris affiliate bought properties that held East Boulevard Bar & Grill for $3.1 million. On quiet neighborhood streets behind East Boulevard such as Fountain View Street, Garden Terrace and Lombardy Circle, houses have been bought by the hospital's REAL ESTATE representative. That includes two on Fountain View in July. Scott White, a spokesman for CMC, said the hospital doesn't currently intend to tear down any structures, won't build a medical school on the three neighborhood streets and doesn't have any specific plans for the area. “We need room for expansion when it's needed,” said White, who added that the hospital buys properties all around Charlotte when available. “Hospitals have to worry about get ...

Source: www.earthtimes.org --- 10 hours ago
NEW YORK (Reuters) - Lehman Brothers Holdings Inc is considering a plan to put some $32 billion of its commercial REAL ESTATE and mortgage assets in a new company and spin it off, Bloomberg reported on its website on Thursday. ...

Source: www.thedeal.com --- 12 hours ago
As they say when it comes to retail, it is all about location, so it should come as no surprise that two retailers involved in deals are vying over the pricing of their REAL ESTATE. The first is bankrupt retailer Mervyn's LLC, which is suing three private equity firms, Cerberus Capital Management LP, Sun Capital Partners Inc. and and Lubert-Adler, as well as former parent Target Corp., for stripping down the value of its REAL ESTATE due to what it alleges as a fraudulent deal. The lawsuit alleges that when Target sold Mervyn's to the PE firms for $1.26 billion in 2004 Mervyn's REAL ESTATE assets were separated from its retail operations into a new entity, which in turn raised rents. Mervyn's is claiming the REAL ESTATE deal drove them into bankruptcy. Separating REAL ESTATE and retail operations is a pretty common move among private equity deals for tax purposes and also because PE firms then can lease some locations to other retailers. As The Wall Street Journal points out, Eddie Lampert made his fortune dolling out Kmart's REAL ESTATE, and Kohlberg Kravis Roberts & Co., Bain Capital LLC and Vornado Realty Trust made similar moves when they acquired Toys 'R' Us Inc. However, the issue is not exclusive to PE retail deals. CVS Caremark Corp.'s $2.9 billion acquisition of Longs Drug Store Corp. may be facing a similar circumstance. Some of Longs' shareholders, such as activist investor CtW Investment Group, claim that CVS may have g ...

Source: www.dnronline.com --- 22 hours ago
The following property transfers, for at least $150,000 each, were recorded Aug. 13-19. Harrisonburg Aug. 13Jeremy J. and Leah M. Kratz to Sherwin D. and Rachel M. Yoder, 1282 Old Windmill Circle, $174,000. Aug. 14Court Square Properties LLC to NPK LLC, 50 W. Water St., $475,000. Aug. 15Madison I ...

Source: www.crainsnewyork.com --- 21 hours ago
The Morgan Stanley REAL ESTATE Fund VII Global will invest $10 billion overall, and at least $1.46 billion in China over the next few years, with most of its focus on larger cities. ...

Source: www.huliq.com --- 22 hours ago
QLT Inc. (NASDAQ: QLTI; TSX: QLT) announced today the closing of its previously disclosed agreement to sell the land and building comprising its corporate headquarters and the adjacent undeveloped parcel of land in Vancouver, British Columbia to Discovery Parks Holdings Ltd., in its capacity as trustee of Discovery Parks Trust and Discovery Parks Trust 2, for Cdn$65.5 million. ...

Source: www.zawya.com --- 20 hours ago
Exposure to the region's overheated REAL ESTATE sector is a growing concern for banks in Abu Dhabi, where funding conditions for financial firms are set to worsen. ...

Source: charlesandhudson.disqus.com --- 22 hours ago
CNNMoney has been tracking the growth of new residential builds and July has continued the trend of a slowdown. Building permits have also dropped more than expected which is a precursor to new builds. According to CNNMone ...

Source: www.therealdeal.net --- 18 hours ago
Overstock.com, an electronic store that buys surplus items from retailers and sells them back to consumers, recently expanded to include REAL ESTATE listings. The company decided to open a REAL ESTATE portal in the wake of the housing crisis. Its 3 million listings are provided by various auction sites, including Williams & Williams, and roll over every 30 to 60 days. Although Overstock.com does not directly host the sites, users are directed to auction sites, which require deposits with each winning bid. Because some auctions require winners to pay in full within seven days or less, the system offers faster turnover rates than traditional closure, which requires 20 to 30 days.  ...

Source: www.crainsnewyork.com --- 21 hours ago
Former Macklowe property one of several going to veteran players. ...

Source: www.realestatevoices.com --- 23 hours ago
A review of the agentpreview REAL ESTATE directory.  »  PLIGG_Visual_RSS_OriginalNews ...

Source: realestatetwincities.net --- 20 hours ago
Browse Stillwater MN home listings here. If you live in the Twin Cities, you already know that Stillwater Minnesota is a charming river town graced with plenty of classic Victorian architecture, unique antique shops and boutiques, plus art galleries. Perhaps you have gone hiking in Pioneer Park to enjoy the panoramic bluff views of the St. [...] ...

Source: www.morgansullivan.com --- 13 hours ago
USA Today financial markets reporter Matt Krantz weighs in on REAL ESTATE trusts. To view article, click here. To sign-up for the MorganSullivan Newsletter, click here. Digg this entry. ...

Source: www.morgansullivan.com --- 13 hours ago
Trulia.com announced the launch of new features on their site recently that will provide users with new perks such as house hunting on the go and giving agents, home owners and house hunters an opportunity to blog about their REAL ESTATE experiences to 5 million monthly users. To view article, click here. To sign-up for the MorganSullivan [...] ...

Source: www.prnewsnow.com --- 22 hours ago
(REAL ESTATE News and Information) Effective immediately Duggs Property Investment Design Inc formerly Duggs Realty Inc has launched a new brand identity aimed at closing critical gaps in the REAL ESTATE investing business Our vision is to be the preferred global leader excelling in REAL ESTATE services especially designed for investors said Georgina Duggs Cofounder and CEO of Duggs Property Investment Design Inc Duggs Property Investment...... ...

Source: www.fwicki.com --- 15 hours ago
Falling REAL ESTATE prices don't automatically produce a traditional buyer's market. ...

Source: www.morgansullivan.com --- 13 hours ago
Interesting article on the U.S. credit crunch and housing mess from a Canadian perspective. There is actually a glimmer of hope offered as you read! To view article, click here. To sign-up for the MorganSullivan Newsletter, click here. Digg this entry. ...