NASHVILLE, Tenn., Sept. 23 TN-Healthcare-Realty NASHVILLE, Tenn., Sept. Continue Reading…
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Opening pushed back nearly two months: Damage from Hurricane Gustav has caused the owners of Nottoway Plantation to delay the scheduled reopening of the South’s largest remaining antebellum home. Nottoway was set to reopen on Oct. Continue Reading…
Hearing the news from Wall Street and Washington last week, ‘I held my breath,’ said Dennis Steinbach, co-owner of San Jose mortgage and real estate brokerages S&L Home Loans and Meridian Creek Properties.
Gramercy Capital Corp. Expands Gramercy Realty Management Team
NEW YORK–(BUSINESS WIRE)– Gramercy Capital Corp. (NYSE: GKK) (the ‘Company’) today announced that John Wheeler has joined its Gramercy Realty division as Senior Director, Leasing and Asset Management. Mr.
– Brandywine Realty Trust (BDN - News) announced today that its Board of Trustees has declared a cash dividend for the third quarter of 2008 of $0.44 per common share, payable on October 17, 2008 to holders of record on October 3, 2008.
Economic Woes Hitting Commercial Real Estate: NAR
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Cohen & Steers Premium Income Realty Fund, Inc. Declares Distributions for October, November and December 2008
NEW YORK, Sept. 17 /PRNewswire-FirstCall/ — The board of directors of Cohen & Steers Premium Income Realty Fund, Inc. (NYSE: RPF - News) has declared three monthly distributions of $0.16 per common share for October, November and December 2008.
Moody’s affirms Duke Realty ratings
NEW YORK (AP) — Moody’s Investors Service affirmed its investment-grade credit ratings on Duke Realty Crop., but said it may downgrade the ratings in the future because the slowing economy and troubled capital markets are affecting its operations.
Pain continues as housing starts in US hit 17-year low
Construction of new homes and apartments in the United States fell by a larger-than-expected amount last month, pushing activity to the lowest level in 17 years. However, there was a sharp rise in mortgage applications last week.
Brandywine Realty Trust Announces Third Quarter 2008 Dividends and Sets Third Quarter 2008 Earnings Release an
— Brandywine Realty Trust (NYSE: BDN) announced today that its Board of Trustees has declared a cash dividend for the third quarter of 2008 of $0.44 per common share, payable on October 17, 2008 to holders of record on October 3, 2008.
Cohen & Steers Worldwide Realty Income Fund, Inc. Declares Distributions for October, November and December 20
NEW YORK, Sept. 17 NY-RWF-Dividends NEW YORK, Sept. 17 /PRNewswire-FirstCall/ — The board of directors of Cohen & Steers Worldwide Realty Income Fund, Inc.
Cohen & Steers Advantage Income Realty Fund, Inc. Declares Distributions for October, November and December 20
NEW YORK, Sept. 17 /PRNewswire-FirstCall/ — The board of directors of Cohen & Steers Advantage Income Realty Fund, Inc. (NYSE: RLF - News) has declared three monthly distributions of $0.16 per common share for October, November and December 2008.
Unscrupulous real estate companies are hiring hundreds of salespeople with the promise of high pay cheques, but no minimum wage, industry insiders say.
SL Green Realty Finished at New Low for Year Monday
but traded in a narrow range until around noon. The stock gradually declined for the remainder of the session and closed lower by $17.60 at $70.46 on the highest volume of the year.
Realty stock monitor
Y-to-dSept. 12totalcloseYieldreturnAllied Properties$20.01 6.6%0.7%Artis$14.75 7.3%2.7%Boardwalk$37.63 4.8%- 12.8%Calloway$19.95 7.8%- 14.3%CAP$16.31 6.6%6.2%Chartwell$6.81 10.9%- 35.2%Cominar$20.70 7.0%6.0%CREIT$28.85 4.7%2.6%Crombie$11.
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MELVILLE, N.Y., Sept. 15 /PRNewswire/ — Whitehall Jewelers Holdings, Inc. has selected DJM Realty, a Gordon Brothers Group Company, to exclusively manage the national disposition of all remaining retail store leases in the United States. Continue Reading…
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MELVILLE, N.Y., Sept. 15 /PRNewswire/ — Whitehall Jewelers Holdings, Inc. has selected DJM Realty, a Gordon Brothers Group Company, to exclusively manage the national disposition of all remaining retail store leases in the United States. Continue Reading…
CLEARWATER, Fla. - (Business Wire) Homeowners Choice, Inc. Continue Reading…
Business Beat by Thien Ly The draft of a Ministry of Construction decree making it easier for Viet Kieu (overseas Vietnamese) to own homes in the country is a new source of optimism in the nation’s real estate sector. Continue Reading…
SAN ANTONIO (Business Wire) — As residents of Texas begin to return home and evaluate the damage caused by Hurricane Ike, USAA is recommending some simple steps for its members to begin the process of rebuilding: Reporting Your Claim If you’ve
iCap Realty Advisors arranged sale and financing
Harout Ghazarian and Zeev Douek, directors at iCap Realty Advisors of NY have arranged both the sale and financing for the Hart St. Medical Center. Ghazarian and Douek advised the seller and purchaser, respectively.
Sahara group firm exits NBFC business, to enter real estate
Subrata Roy-promoted Sahara India Investment Corporation (SIICL) has exited the non-banking financial business and would enter the real estate space.
James Dwiggins with Realty World Northern California Enhances the Online Search Experience Using IDX Broker
- The most recent real estate professional to employ the services of IDX, Inc. is Tracy, Calif. based James Dwiggins with Realty World Northern California.
SAN FRANCISCO, Sept. 2 /PRNewswire-FirstCall/ — Digital Realty Trust, Inc.
Gujarat realtor forays into Hollywood
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Commentary with Newmark Knight Frank’s Roseman
Glenn Murphy, CEO of Gap Inc., in late August announced that his company will cut back on store openings and reduce its square footage by up to 15% over the next three years.
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(Reuters) EUR’ Florida said on Friday that insurer Allstate Corp. would lower all homeowner insurance rates i
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Lehman in $40bn real estate talks
Lehman Brothers, the Wall Street investment bank, is understood to be in talks to sell its entire $40 billion (21.5 billion) real estate portfolio in a move to stem losses incurred during one of the worst property slumps since the Great Depression.
Luxe realty bucks the southward trend
While demand in the mid-segment stagnates, luxury home sales set a scorching pace BANGALORE: The rich and well-heeled are immune to inflation.
Lehman fights to attract buyers for real estate valued at $40bn
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Global values Injazzat Real Estate at 500fils, recommends ‘hold’
KUWAIT: Injazzat Real Estate Development Co KSCC (Injazzat) is a Kuwait-based real estate development company and operates in different real estate segments including commercial, residential, hotels and entertainment.
Lehman reportedly in talks to sell real estate and securities
NEW YORK (Reuters) - Lehman Brothers is in talks for potential sale of its $40 billion (21 billion pounds) portfolio of commercial real estate and securities in an effort to bolster its finances following costly credit-related write-downs, the
EIH chairman P.R.S. Oberoi (centre) with joint MD (development) Arjun Oberoi (left) and joint MD (operations) Vikram Oberoi in Calcutta on Thursday. A Telegraph picture. Calcutta, Aug.
British Land losses halt Cheesegrater plan
By Jonathan Russell and Jamie Dunkley Property group British Land has delayed the development of its iconic City of London tower known as the ‘Cheesegrater’ until at least 2012 as it announced a 10pc fall in its net asset value in three months.
LMP Real Estate Income Fund Inc. (’RIT’) Announces Distributions for the Months of September, October and Nove
LMP Real Estate Income Fund Inc., which is listed on the New York Stock Exchange under the symbol RIT , announced today distributions of $0.1900 per common share per month for the months of September, October and November 2008.
Real Estate Investment Trust Arbor Realty Trust Inc. (ABR: News, Chart, Quote ) reported second-quarter net income that declined more than 50% from the year ago period due to lower interest income.
BRT REALTY TRUST Announces Results of Operations for the Three and Nine Months Ended June 30, 2008
GREAT NECK, N.Y.–(BUSINESS WIRE)– BRT REALTY TRUST (NYSE: BRT) today announced its results of operations for the three and nine months ended June 30, 2008.
Fitch Takes Various Actions on Cendant Mortgage Corp 2005-2007 Prime Transactions
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has taken numerous rating actions on the Cendant Mortgage Corporation transaction listed below: –CDMC Mortgage Pass-Through Certificates, 2005-1 The rating actions were taken as part as Fitch’s review of all
Earnings roundup: Dionex, Kite Realty
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BRT REALTY TRUST Announces Results of Operations for the Three and Nine Months Ended June 30, 2008
GREAT NECK, N.Y. (Business Wire) — BRT REALTY TRUST (NYSE:BRT) today announced its results of operations for the three and nine months ended June 30, 2008.
Measures Need to Save Real Estate Market
With builders going bankrupt one after the other, the domestic construction industry is in tatters. The breakdown of the construction market can lead to catastrophe in the non-banking financial sector and undermine the economy.
