Real Estate News

From Around The Web

  • Lawsuit Accuses Westchester Real Estate Firm of Conflict of Interest in Home Sales 16 Jul 2018 07:59 wsj.com July 15, 2018 8:51 p.m. ET Pamela Goldstein was under pressure. A four-bedroom white colonial house in White Plains had just gone on the market and she wanted it. The agent who showed her the house with a red front door and a two-car garage in an attached …
  • Real estate auction clearance rates and prices may drop in spring selling season, analyst warns 16 Jul 2018 07:31 ABC Melbourne Posted July 16, 2018 14:27:45 Australia's property market is enduring a serious winter chill. Preliminary auction clearance rates in Sydney dropped below 50 per cent last weekend according to Domain's numbers and were clinging just above according …
  • H1 foreign investments in property exceed 2017 16 Jul 2018 07:16 Vietnam Net Foreign direct investment (FDI) capital pledged for Vietnam’s property market in the year’s first half witnessed a big surge and was higher than total pledged capital of the entire year of 2017, according to national investment data. A view of housing …
  • UCLA should vet landlords, provide resources for off-campus housing searches 16 Jul 2018 05:49 The Daily Bruin UCLA, like any college, is a stressful place. Final exams, internship applications and club commitments ensure students are rigid with tension as their minds and bodies are put to the test. With so much demanded of them, university housing is a godsend to …
  • Warehouse Development Draws $9.3M Transaction (Real Deals) 16 Jul 2018 05:07 Arkansas Business A five-building, 177,626-SF warehouse complex in west Little Rock weighed in at $9.34 million. New ownership of Shackleford Corporate Center at 4201-4217 S. Shackleford Road is divided among RSH Investments LLC, led by Robert Stephens, and Beaverdale …
  • China's June property investment growth weakest in... 16 Jul 2018 04:53 Charleston Daily Mail By Reuters Published: 22:31 EDT, 15 July 2018 | Updated: 00:36 EDT, 16 July 2018 By Yawen Chen and Clare Jim BEIJING, July 16 (Reuters) - China's property investment posted its weakest growth in six months in June as developers faced fresh curbs and …
  • Top 5 Companies in the Real Estate Services Industry With the Highest Forward P/E Ratio (ASPS, RMAX, MMI, JLL, CBG) 16 Jul 2018 04:51 Tradingcharts.com Jul 16, 2018 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Real Estate Services industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among …
  • Vigil held for slain real estate developer Sean Schellenger 16 Jul 2018 03:45 WPVI POINT BREEZE (WPVI) -- At a vigil for slain real estate developer 37-year-old Sean Schellenger Sunday, long-time members of the Point Breeze community told Schellenger's family how he grew to become like family to them. They said Schellenger went …
  • Stay at Highclere Castle, the real Downton Abbey 16 Jul 2018 03:40 The New Zeland Herald The Gothic grandeur of Highclere Castle - better recognised as the centrepiece of TV show Downton Abbey – immediately summons a theme tune and the phlegmatic performances of Dame Maggie Smith and Hugh Bonneville. The fictional Yorkshire estate is set to …
  • Loved Ones Mourn Slain Real Estate Developer While College Student Faces Murder Charges 16 Jul 2018 03:07 KYW Follow CBSPHILLY Facebook Twitter PHILADELPHIA (CBS) — Loved ones gathered to remember Sean Schellenger, the real estate developer who was stabbed to death in Rittenhouse Square Thursday night. Mourners gathered Saturday evening at a vigil for the slain …
  • China June property investment growth slows to 6-month low 16 Jul 2018 02:41 Reuters (Adds data from Reuters calculations, context) * June property investment +8.4 pct y/y vs +9.8 pct in May - Reuters calculation * June sales by floor area +4.5 pct y/y vs +8.0 pct in May - Reuters calculation BEIJING, July 16 (Reuters) - China’s …
  • College Student Michael White Surrenders To Police, Accused Of Killing Philly Real Estate Developer In Rittenhouse 16 Jul 2018 02:32 KYW PHILADELPHIA (CBS) — A college student attending Morgan State University turned himself in to Philadelphia Police on Friday night in connection with the stabbing death of a real estate developer in Rittenhouse Square. Credit: CBS3 Michael White, 20, is …
  • China H1 property investment up 9.7 pct y/y 16 Jul 2018 02:17 Reuters BEIJING, July 16 (Reuters) - Real estate investment in China rose 9.7 percent in the first half of 2018 from the same period a year earlier, official data showed on Monday. That compared with a 10.2 percent gain in the first five months of the year. …
  • Property Containing Mary Ann’s Sold to Greatest Boston Bar Co. for $1.51 Million 16 Jul 2018 01:58 Heights The property containing longtime Boston College social staple Mary Ann’s Bar has been sold to a new investment group called Greatest Boston Bar Co. for $1.51 million. After Stanley Chaban, the bar’s former owner, died in January, his business partner, …
  • LORAN station at Snow's Cut to stay Coast Guard property 16 Jul 2018 01:46 Star News Rouzer: National security reasons prevent 210-acre New Hanover County site from being sold NEW HANOVER COUNTY -- It's a massive piece of nearly empty land just north of Snow's Cut. But government officials and developers can only continue to long …
  • Home and Real Estate Weekly: Simple steps for a better home appraisal 16 Jul 2018 01:03 Lynnwood Today If you’re looking to refinance your home or possibly sell, you’ll need a killer appraisal. A bank will not refinance a home for more than it is worth, and a potential buyer will not pay more than the recognized value of the home. Here are five simple …
  • StarProperty.my Real Estate Awards now open for registration 16 Jul 2018 00:23 The Malaysian Star PETALING JAYA: With the aim of showcasing the region’s finest real estate industry talents, boosting awareness and highlighting top quality agencies, agents and services, StarProperty.my Real Estate Awards (SREA) 2018 is now open for registration. The …
  • Sweet slice of real estate 15 Jul 2018 23:41 News.com.au IF YOU have a massive sweet tooth and are looking for the recipe for success, Cake Bar in central Geelong has been listed for sale. The business, that has been open since December last year, is on the market after new opportunities arose for the owners — …
  • Advance Residence Investment to buy property for 663 mln yen 15 Jul 2018 23:23 Reuters June 28 (Reuters) - Advance Residence Investment Corp ::Says it plans to acquire a property located in Hiroshima, at price of 663 million yen .  Full Article April 13(Reuters) - Advance Residence Investment Corp :Says it will acquire trust beneficial …
  • Big jump in new listings for real estate company 15 Jul 2018 22:37 Scoop Century 21 New Zealand has experienced a 64% increase in the number of new residential property listings compared to mid-July last year. And compared to mid-June, listings are up a staggering 109% in just one month. Century 21 National Manager Geoff …
  • We're waking up to mother of all housing debt hangovers 15 Jul 2018 22:06 The Sydney Morning Herald Of course, writing too many loans that people can’t afford will ultimately destroy shareholder value, if it all goes bad. But a little bit of mis-selling here and there? A little pushing of the boundaries of responsible lending to feed Australian’s …
  • Residents of an apartment building owned by Jared Kushner's real estate company file lawsuit after rent hikes and dangerous construction conditions 15 Jul 2018 20:39 Business Insider The Kushner Cos. wants to turn the Williamsburg building into condos. Mary Altaffer/AP NEW YORK (AP) — The hammering and drilling began just months after Jared Kushner's family real estate firm bought a converted warehouse apartment building in …
  • The IMF sees property and tax as potential threats 15 Jul 2018 20:32 Irish Independent But they continued: "While the outlook remains positive, lingering crisis legacies, rising housing prices, and external downside risks mainly from resurgent global protectionism, adverse effects from Brexit, and ongoing changes in the international …
  • Brake on Australia's addiction to property has come just in time 15 Jul 2018 19:35 The Sydney Morning Herald Of course, writing too many loans that people can’t afford will ultimately destroy shareholder value, if it all goes bad. But a little bit of mis-selling here and there? A little pushing of the boundaries of responsible lending to feed Australian’s …
  • LIFETIMES: Nurse, real estate agent and politician —the unstoppable Mary Jane Mewhinney 15 Jul 2018 19:15 Waterloo Region Record "She had an extra year of school," said Jill. "She was always eager to learn." After graduating from high school, Mary Jane entered the nursing school at St. Mary's Hospital. Around the same time, she met Alex Mewhinney, an …
  • Poly Real Estate's Preliminary H1 Net Profit Up 14.9 Pct 15 Jul 2018 18:58 Reuters 3:25am EDT July 15 (Reuters) - Poly Real Estate Group Co Ltd ::SAYS ITS PRELIMINARY H1 NET PROFIT UP 14.9 PERCENT Y/Y AT 6.49 BILLION YUAN ($970.10 million).SAYS ITS BOARD GIVES APPROVAL FOR ITS MICRO-CREDIT FIRM TO INCREASE REGISTERED CAPITAL TO 500 …
  • Flood program needs real fix by Congress 15 Jul 2018 18:45 Beaumont Enterprise Published 6:05 am CDT, Saturday, July 14, 2018 It seems to happen every summer — soaring temperatures, worries over hurricanes … and continued fumbling of the National Flood Insurance Program by Congress. Coastal residents can’t change the first two, but …
  • Hot housing market frustrating buyers 15 Jul 2018 17:53 WXYZ How hot is the housing market this year?  So hot that this is the best time since the peak of the 2006 housing bubble to sell a home, with buyers offering more than asking price in many desirable neighborhoods all around the country. Home buyers …
  • Whistleblower claims political leader sold 'Tan Sri' titles and bought costly property with proceeds 15 Jul 2018 17:47 The Malaysian Star PETALING JAYA: Allegations have arisen that a politician sold titles and bought properties beyond his means, which prompted several members of his party to lodge reports with the authorities. A youth wing member of the party lodged a police report at IPD …
  • Does the future of real estate include Blockchain technology? 15 Jul 2018 17:37 The Washington Post by Benny L. Kass July 13 Bitcoin is one of our new forms of money. Thousands of merchants now accept bitcoin payments. A Miami penthouse was listed for 33 bitcoin (valued at the time of listing at $544,500), and the seller refused to take any other …
  • E-commerce could pressure already tight Westchester industrial real estate market 15 Jul 2018 17:13 Fairfield County Business Journal E-commerce companies are heating up the national industrial real estate market, but experts say space has been tight in Westchester “before it was even cool to talk about industrial.” This content is for Westfair Online members only. Please Sign in / …
  • Traditional Real Estate and the ‘New Normal’ 15 Jul 2018 17:09 RIS Media This month’s National Association of REALTORS® (NAR) Power Broker Roundtable discusses the evolution of the industry’s “new normal.” Moderator Christina Pappas, District Sales Manager, The Keyes Company, Miami, Fla.; Liaison for Large Firms & Industry …
  • Property experts share easy ways to add value to your property 15 Jul 2018 17:06 The New Zeland Herald A few cheap and easy DIY hacks can bring you huge profits down the track, property experts claim. According to Luke Harris and Matthew Bateman, who founded real estate mentoring business The Property Mentors, the key is to focus on strategic renovations …
  • Affordable housing in Nashville: The urban crisis worsens | Plazas 15 Jul 2018 17:00 Tennessean For the past 11 months, photographer George Walker IV, and Opinion Engagement Editor David Plazas — with support and guidance from The Tennessean team — have told the story about the growing gap between prosperity and inequality in this booming city. The …
  • Hawaii retail real estate vacancy rises along with costs 15 Jul 2018 16:57 Bizjournals
  • Sound Transit rail stations could help solve our housing crisis 15 Jul 2018 16:43 The Seattle Times All of Sound Transit’s LINK light-rail stations offer opportunities to create vibrant, walkable mixed-use communities with significant amounts of new housing and reduced dependence on automobiles. We need a bold, regional approach to housing affordability …
  • Developing airports like real estate businesses doomed to fail: IATA chief 15 Jul 2018 16:35 business-standard India needs a comprehensive aviation infrastructure plan as air traffic is booming but developing airports like real estate business is "doomed to fail", according to a top aviation professional. The professional also said that privatisation of …
  • Cuba to recognise private property and free market for first time 15 Jul 2018 16:30 The Independent Cuba is set to officially recognise the free market and private property for the first time under sweeping reforms to its constitution intended to boost the island’s economy. Property sales were banned after Fidel Castro came to power in 1959, but are now …
  • Barefoot Investor Scott Pape: Resort vacation club, Mortgage Stress property report 15 Jul 2018 16:09 Sunday Times “PROPERTY prices have plunged for the ninth month in a row,” warned the newsreader the other night on the telly. Well, one man’s “plunge” is another man’s “pffff”. Camera IconScott PapeAcross the country, prices are down a “terrifying” 1.3 per cent since …
  • Real Estate Roundup: Affordable housing, office parks and apartment deals across the metro region 15 Jul 2018 15:48 Bizjournals
  • Catholic Charities Hawai'i to build housing for low-income seniors 15 Jul 2018 15:48 CNA Honolulu, Hawaii, Jul 13, 2018 / 12:08 am (CNA/EWTN News).- The Catholic Charities Housing Development Corporation (CCHDC) recently purchased several acres of land in Kahului on the island of Maui in order to build a rental housing complex for …
  • Frasers Property arm buys majority stakes in Vietnamese real estate firm 15 Jul 2018 15:46 Singapore Business Review PAD will undertake the development of a mix-used site in Ho Chi Minh. Frasers Property Investments in Vietnam acquired 75% shares of Phu An Dien Real Estate (PAD) for $47.33 (VND799b), an announcement revealed. Upon deal completion, PAD will become a …
  • Texas County & District slates $100 million for Taconic real estate credit fund 15 Jul 2018 15:44 Pensions & Investments By Christine Williamson · July 12, 2018 3:23 pm Texas County & District Retirement System, Austin, committed $100 million to Taconic Commercial Real Estate Dislocation Fund II, an opportunistic credit fund, managed by Taconic Capital Advisors, a …
  • CPPIB, Longfor to invest in mainland China rental housing 15 Jul 2018 15:43 Pensions & Investments Getty Images/iStockphoto By Douglas Appell · July 12, 2018 8:00 am · Updated 11:37 am Canada Pension Plan Investment Board, Toronto, and Longfor Group Holdings will invest more than $800 million in rental housing programs on mainland China. The " …
  • IP's place in the real assets universe? 15 Jul 2018 15:43 Pensions & Investments Intellectual property is a critical component of today's knowledge-based economy, with intellectual capital contributing significantly, and increasingly, to global GDP. While the transition away from agriculture and manufacturing has occurred to …
  • Nomura unit takes 75% stake in U.K. real estate manager 15 Jul 2018 15:42 Pensions & Investments By Paulina Pielichata · July 13, 2018 11:13 am Nomura Real Estate Holdings Inc. is acquiring a 75% stake in £2.1 billion ($2.8 billion) U.K. real estate manager Lothbury Investment Management Group, a spokesman said. The transaction is expected to close …
  • Charleston area artists and patrons cope with disappearing venues, real estate challenges 15 Jul 2018 15:22 Charleston Scene A pattern has emerged. Well-intentioned artists and entrepreneurs secure a scrappy space, convert it into a cool venue and gathering place, then lose it because of rent increases and other economic pressures. It happened to Fabulon in West Ashley. It …
  • New ownership models give investors a toenail on the property ladder 15 Jul 2018 15:08 The Sydney Morning Herald Anthony Millett, CEO of BrickX, says the aim is to reach 20 by year-end and 100 within a couple of years. These may include properties in regional NSW and Victoria, Hobart, and some parts of Brisbane. Properties are valued every six months and anyone who …
  • IGB Real Estate Investment Trust Posts QTRLY Net Profit 70.2 MLN RGT 15 Jul 2018 14:40 Reuters Nov 8 (Reuters) - Igb Real Estate Investment Trust :Qtrly ‍ revenue 129.6 million rgt ​.Qtrly profit attributable 83.1 million rgt‍​.Year ago qtrly ‍revenue 125.9 million rgt, year ago qtrly profit attributable 68.8 million rgt​‍​.  Full Article Aug 2 ( …
  • Alexandria Real Estate Equities Expands Its First-In-Class New York City Regional Life Science Cluster Franchise 15 Jul 2018 14:40 Reuters July 13 (Reuters) - Alexandria Real Estate Equities Inc ::ALEXANDRIA REAL ESTATE EQUITIES, INC. EXPANDS ITS FIRST-IN-CLASS NEW YORK CITY REGIONAL LIFE SCIENCE CLUSTER FRANCHISE WITH THE STRATEGIC ACQUISITION OF 219 EAST 42ND STREET IN MANHATTAN, SUBJECT …