Real Estate

First reported 2 hours ago - Updated 2 hours ago - 3 reports

American Realty Capital Trust IV Engages Financial Advisors to Evaluate Strategic Alternatives

You are here: Home >> SPi World News >> World Market Sector NewsAmerican Realty Capital Trust IV Engages Financial Advisors to Evaluate Strategic AlternativesPR NewswireNEW YORK, May 21, 2013NEW YORK, May 21, 2013 /PRNewswire/ -- American ... [Published SPi World News - 2 hours ago]
First reported 13 hours ago - Updated 3 hours ago - 3 reports

Mortgage lending ?reached £12.1bn in April?

Total gross mortgage lending increased by 4% in April, reaching £12.1bn, according to the Council of Mortgage Lenders (CML).Mortgage lending last month was 21% higher than in April last year, however, this is thought to be largely due to the fact the ... [Published BuyToLet.com - 3 hours ago]
First reported 3 hours ago - Updated 3 hours ago - 3 reports

Northwest Healthcare Properties Real Estate Investment Trust announces election of trustees

SOURCE NorthWest Healthcare Properties Real Estate Investment TrustTORONTOAbout NorthWest Healthcare Properties Real Estate Investment Trust NorthWest Healthcare Properties Real Estate Investment Trust is an unincorporated, open-ended real estate investment ... [Published State Journal - 3 hours ago]
First reported 10 hours ago - Updated 3 hours ago - 3 reports

IMF Official Warns of Dubai Property Bubble

A top Middle East official for the International Monetary Fund warned this week that Dubai may be in danger of another property crisis unless it imposes measures to regulate development."It's important from looking at the stock of real estate that is ... [Published Real Estate Channel - 8 hours ago]
First reported 6 hours ago - Updated 4 hours ago - 3 reports

New homes in Dudley from Taylor Wimpey

Property-seekers in Dudley have an exciting chance to snap up a brand new home for less this spring with Taylor Wimpey.The leading housebuilder has just released a limited selection of stylish properties at its sought-after Cedar Drive and Primrose Gardens ... [Published Kidderminster Shuttle - 4 hours ago]
First reported May 20 2013 - Updated 5 hours ago - 3 reports

Repurposing V Street’s Atlantic Plumbing, Within Limits

City Desk Arts Desk Loose Lips Housing Complex Young & HungryColumnsPage 3 Photo The Straight Dope Savage LoveSearchNew StoriesSweetgreen Coming to the Capitol Riverfront and Beyond Last Night’s Leftovers: Ice Cream Fight Edition Pasta or Pizza? Two ... [Published Washington City Paper - 5 hours ago]
First reported 16 hours ago - Updated 6 hours ago - 13 reports

Blackrock to snap up MGPA

Category: News, Asia, USA, EuropeBlackRock is significantly extending its real estate investment capabilities in the Asia Pacific and Europe having entered into a definitive agreement to acquire MGPA, an independently managed private equity real estate ... [Published Asia Asset Management - 6 hours ago]
First reported May 20 2013 - Updated 8 hours ago - 5 reports

First Potomac Realty Trust Announces Pricing Of Upsized Public Offering Of 6.5 Million Common Shares

1:48pm BST First Potomac Realty Trust announced that it had priced an underwritten public offering of 6,500,000 common shares of beneficial interest at a public offering price of $14.70 per share, for net proceeds of approximately $91.1 million, after ... [Published Reuters UK - 8 hours ago]
First reported May 20 2013 - Updated 10 hours ago - 3 reports

Washingtonfirst Bank Expands In Reston Town Center

WashingtonFirst Bank has signed a new 10-year lease for 25,000-square-foot in Reston Town Center.According to Cresa Washington, D.C., which represented the bank in the transaction, WashingtonFirst is adding 16,000 square feet to its current lease of 9,000 ... [Published Citybizlist - 10 hours ago]
First reported May 20 2013 - Updated 10 hours ago - 4 reports

First Potomac Realty Trust Will Sell Washington-Area Industrial Portfolio For $259 Million

First Potomac Realty Trust said Monday that it has entered into two separate contracts to sell a portfolio of 24 industrial properties, consisting of about 4.3 million square feet, for $259 million. The majority of the industrial portfolio, 4 million ... [Published Citybizlist - 10 hours ago]
First reported 16 hours ago - Updated 10 hours ago - 5 reports

Amlin signs 111,000 ft² at The Leadenhall Building (UK)

British Land and Oxford Properties are pleased to announce that their 50:50 joint venture has exchanged a binding Agreement for Lease with Amlin plc for a pre-letting of 111,000 ft$ (approx. 10,312 m$) at The Leadenhall Building, London, EC3. The letting ... [Published Europe Real Estate - 10 hours ago]
First reported May 20 2013 - Updated May 21 2013 - 5 reports

Mortgage advice for first time buyers: London prices cross £500,000 for first time

Published by Helen Adams.Industrial analysts are suggesting that mortgage advice for first time buyers may be needed after asking prices for homes in London rose by 3.3 per cent in May to 509,870. Not only is this over double the national average, but ... [Published FirstRungNow - May 21 2013]

Quotes

"Tim did a lot of things, a lot of transactions with a lot of people that no one in this office was aware of" Samiljan said
"The defendants took advantage of those who were caught in tough financial situations," Finley said. "They used their knowledge of the realreal estate industry to add extra costs without informing the customers involved of the charges. We hope this serves as a reminder to those who would exploit home owners that our office will continue to prosecute cases such as this to the fullest extent of the law."
A source said, "The agents are analyzing transaction records between NHN and NBP and accounting data."
The proposed project would total 190,000 square feet and "create a new gateway to the city from the south."

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Blogs

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The Dollar is Going Up [Published Zero Hedge - 15 hours ago]
through Friday May 17, 2013. Yes, I said graphs of the dollar. I’ve priced the dollar in gold first (of course), then silver, the euro, and even the yen. The pattern is obvious. The dollar is going up.I did not show copper, lumber, or wheat though they ...
What Could Possibly Go Wrong Here? [Published Zero Hedge - May 20 2013]
You know it's getting frothy when... "We're seeing many people cash out 401(k)s or IRAs because they want to take advantage of the [real estate] market." As CNNMoney reports , in order to get in on hot housing markets, amateur investors are buying up ...
Kimco Realty COO Sells More Than 77K Shares and... [Published Wall St. Cheat Sheet - May 20 2013]
Pappagallo Michael V who is EVP – COO at Kimco Realty Corporation ( NYSE:KIM ), sold 77,525 shares at $24.18 per share for a total value of $1,874,500. The shares recently traded at $24.22, up $0.04, or 0.17% since the insider sale.NEW! Discover a new ...
Housing Starts Plunge to Worst Level in 5 Months [Published Wall St. Cheat Sheet - May 16 2013]
Despite monthly housing starts recently recapturing a one million-unit pace, they took a worse-than-expected plunge in April to reach their worst level in five months.Builders broke ground on houses at a seasonally adjusted annual rate of 853,000 units ...
Will Fed "Taper" Talk Crush Chinese Property Pr... [Published Zero Hedge - May 16 2013]
When the Fed extended its guidance for extremely low rates to 2014 and later, none of the Chinese government's measures to deter property speculation could deter 'homebuyers' from bidding up prices. However, as the chart below shows, the disconnect between ...
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Press Releases

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Harcourts Opens New Franchise Office in Carson ... [Published Business Wire - 3 hours ago]
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Commercial real-estate recovery is coming, says... [Published Business Wire - 8 hours ago]
Chase Helps 126,000 Homeowners in Completing th... [Published Business Wire - 8 hours ago]
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