Archive for April, 2008

Sam Zell Sees Commercial Real Estate Investment Accelerating (Bloomberg.com)

May 1 (Bloomberg) — Billionaire Sam Zell said institutional investors are beginning to return to the market for mortgage- backed securities that finance commercial real estate deals and new construction.
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Local real estate market improving after 2007 slowdown (The Brownsville Herald)

McALLEN - No one can convince Nathan Selzer the Upper Rio Grande Valley is a soft real estate market. During his recent round of house hunting, a competing bidder on a property in North McAllen snatched away his “perfect home” with a cash offer.
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Taking Counsel: Has springtime arrived for the real estate market? (Baltic Times)

As part of its anti-inflation plan last year, Latvia’s government adopted specific measures directed at the real estate market and the tightening of the money supply available through mortgage loans.
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Maxine Conlin and Stephanie Belanich: Here For All Your Real Estate Needs (Queens Courier)

In the Douglaston and Little Neck real estate market, no one knows your options better than Maxine Conlin and Stephanie Belanich, licensed Prudential Elliman realtors.
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No details released in real estate agent’s murder (The Wilmington Star-News)

Shallotte | Law enforcement authorities say they are investigating leads in the murder of a local real estate agent, but they won’t disclose details and no suspects have been named.Adam Grant Bradshaw’s body was found by Shallotte police about 5:30 p.m. Tuesday at the end of Watts Road in the Ocean Isle Beach area.
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Clemente Creates $200,000,000 Real Estate Distressed Asset Fund (PR Newswire via Yahoo! Finance)

C. Daniel Clemente, Chairman and Chief Executive Officer of Clemente Development Co., Inc. and Manager of Clemente, LLC, announced today the formation of the CDC Real Estate Opportunity Fund I, a private equity fund established to take advantage of extraordinary investment opportunities in income producing commercial real estate created by the current disarray in […]

Sendio Signs Real Estate Customer (socalTech.com)

Irvine-based Sendio, a provider of email security appliances, said yesterday that it has signed on Sentinel Real Estate Corporation as a customer. Sendio said that the $5B manager of real estate properties would use it for its email security efforts. Financial terms of the deal were not disclosed. Sendio develops a email security appliance that […]

LMP Real Estate Income Fund Inc. Announces Financial Position as of March 31, 2008 (Centre Daily Times)

LMP Real Estate Income Fund Inc., which is listed on the New York Stock Exchange under the symbol “RIT,” today announced the financial position of the Fund as of March 31, 2008.
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New ideas needed for real estate uptick (The Belleville View)

With the gloomy press the real estate market receives, it’s hard not to wonder about the fate of those involved in the trade. Are developers, real estate agents and their ilk doomed to hard times brought on by economic forces out of their control?
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Decline in real estate taxes might delay some capital projects in Tacoma (Tacoma News Tribune)

The City of Tacoma might end up holding off on some capital projects because of a drop in real estate tax revenue, City Manager Eric Anderson said Tuesday, though he wasn’t prepared to make recommendations about specific projects.
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