Archive for November, 2007

Real estate plea deals prompt judge to rethink case (The Florida Times-Union)

Four Jacksonville real estate investors who accepted plea deals on mortgage fraud charges may still stand trial because of uncertainty about the scope of those deals.
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RERA chief highlights importance of real estate market awareness (Khaleej Times)

DUBAI — Government of Dubai Land Department in cooperation with The Real Estate Regulatory Agency and, in partnership with the International Property Show 2008, held its second annual Focus on Dubai real estate market seminar.
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Lennar forms venture with Morgan Stanley Real Estate (Reuters via Yahoo! News)

Builder Lennar Corp said on Friday it formed an investment venture with Morgan Stanley Real Estate and sold the venture $525 million in properties.
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Man sentenced in rape of real estate agent (KJCT 8 Grand Junction)

GREELEY, Colo. (AP) - An Aurora man accused of robbing and raping a real estate agent who thought she was meeting him to show him a house has been sentenced to 192 years to life in prison.
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Restrictive bond set for North Hills real estate broker (Pittsburgh Post-Gazette)

A federal judge has implemented more restrictive bond conditions for a North Hills real estate broker being investigated for possibly ripping off dozens of customers. …
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Lennar and Morgan Stanley Real Estate Announce the Formation of a Strategic Land Investment Venture (FinanzNachrichten)

MIAMI, Nov. 30 /PRNewswire-FirstCall/ — Lennar Corporation ( Nachrichten ), one of the nation’s largest homebuilders, and Morgan Stanley ( Nachrichten ) Real Estate, an affiliate of Morgan Stanley&Co., Inc., announced today that they have formed a strategic land investment venture to acquire, develop, manage and sell residential real estate.
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Man Who Raped Real Estate Agent Faces Sentencing (FOX 31 Denver)

AURORA - An Aurora man is scheduled to learn his sentence today for posing as a prospective home buyer, then robbing and raping the real estate agent who met him to show him a house in Keenesburg.
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Tropical real estate (San Antonio Express-News)

As prices of land increase in traditional retirement areas, like southern U.S. states, real estate buyers are looking further south, to the Caribbean and Central America. One San Antonio-area man has made a living out of it, taking prospective buyers on weeklong tourist trips.
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Monmouth Real Estate Investment Corporation Announces New Acquisition (FinanzNachrichten)

FREEHOLD, N.J., Nov. 30 /PRNewswire-FirstCall/ — Monmouth Real Estate Investment Corporation ( Nachrichten ) is pleased to announce the acquisition of an 89,101 square foot industrial building located at 3155 Grissom Parkway, Brevard County, Cocoa, Florida, at a purchase price of approximately $10,450,000. The property is net-leased to FedEx Ground Package System, Inc., a subsidiary […]

National Real Estate Expert Touts Austin (KXAN 36 Austin)

As real estate markets across the country report record numbers of foreclosures, national real estate experts said there’s still money to be made in Austin.
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