Real Estate Today

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Entries for June, 2011

REITs hold up despite housing market’s double-dip

REITs hold up despite housing market’s double-dip News from San Francisco Examiner: Real estate investing doesn’t have to be a losing proposition, whether home prices continue to slip or not.Ross Meredith has a lot of money riding on that notion, and it’s worked out lately. The retired bank examiner owns stock in companies called real […]

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Howard Hughes Corp. gains rest of The Woodlands

Howard Hughes Corp. gains rest of The Woodlands News from Houston Chronicle: Howard Hughes Corp. said Wednesday it is buying the remainder of The Woodlands development it does not already own for $ 117.5 million. The Dallas-based company said it has a definitive agreement to purchase 47.5 percent interest in the master-planned community from Morgan […]

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Century 21 Real Estate CEO climbs for a cause

Century 21 Real Estate CEO climbs for a cause News from Inman.com: Century 21 Real Estate President and CEO Rick Davidson. When British climber George Mallory was asked in 1924 why he wanted to scale Mount Everest, he very tersely and very famously replied: “Because it’s there.” Rick Davidson is a little more specific about […]

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Pioneering real estate agent killed in motorcycle crash

Pioneering real estate agent killed in motorcycle crash News from WLBT-TV:JACKSON, MS (WLBT) – A motorcycle accident near the reservoir Monday claimed the life of a prominent real estate agent. Ann Jensen moved from New York to Jackson in 1969 and soon began changing the local landscape for women. “She was a powerful little woman,” […]

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USAA sells San Antonio apartment complex to institutional buyer

USAA sells San Antonio apartment complex to institutional buyer News from Bizjournals.com: Related News USAA Real Estate sells Dallas area mixed-use development USAA affiliate acquires interest in Texas properties BRIO grilling up new taste for La Cantera shoppers…………… continues on Bizjournals.com … Read the full article . Related News: 5 Banks At Risk of a […]

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The Real State of Real Estate: Forrest Gump and the housing recovery

The Real State of Real Estate: Forrest Gump and the housing recovery News from Fond du Lac Reporter:The Real State of Real Estate: Forrest Gump and the housing recovery | Fond du Lac Reporter | fdlreporter.com … Read the full article . Related News: Real estate reality hits home again News from Your Houston News: […]

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Queen of NY real estate lived in 4th floor walkup

Queen of NY real estate lived in 4th floor walkup News from Stamford Advocate: NEW YORK (AP) — The queen of New York real estate once lived in a rent-controlled studio. Illegally. Barbara Corcoran says the living arrangement was instrumental in helping free up cash for The Corcoran Group, which was still a struggling real […]

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Delek Real Estate Close to Exiting Canada to Help Pay Off Debt

Delek Real Estate Close to Exiting Canada to Help Pay Off Debt News from San Francisco Chronicle: June 27 (Bloomberg) — Delek Real Estate Ltd., whose controlling shareholder helped pay off bondholders in May, is close to completing its strategy of selling off all its properties in Canada, Chief Executive Officer Eran Meytal said. Delek […]

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Delek Real Estate Sells Canadian Assets to Raise Funds for Debt

Delek Real Estate Sells Canadian Assets to Raise Funds for Debt News from Bloomberg: Delek Real Estate Ltd. (DLKR) is one step away from accomplishing its goal of exiting the Canadian market by the end of August, Chief Executive Officer Eran Meytal said. Delek has been selling Canadian properties since late last year as it […]

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Real Estate: The Myth of the ‘Number’ and ‘Overpaying’

Real Estate: The Myth of the ‘Number’ and ‘Overpaying’ News from Patch.com: Buying or selling a home is not rocket science. I mean, how hard can it be? Buyers have a pretty good inventory to choose from, at least in San Clemente. Sellers have a relatively robust market to sell into–escrows are closing at a […]

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