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Florida real estate says U.S. security measures are deterring foreign buyers (International Herald Tribune) - With U.S. housing prices slipping and the importance of the international market growing, real estate executives throughout Florida are complaining that the government's attempts to tighten security controls since 9/11 have gone too far and are now turning away international buyers.
Burnham Life Sciences Group provides real estate expertise for lab companies (San Diego Daily Transcript via Yahoo! News) - Beginning with Hybritech's first facility in 1979, the Burnham Life Sciences Group has become San Diego's leading provider of biomedical real estate services, routinely negotiating over 65 percent of life sciences-related leases in the region.
New Classes Covered by ETFs: International Real Estate (SeekingAlpha via Yahoo! Finance) - Richard Kang submits: Of all the so called alternative asset classes, real estate has to be the most basic of them. I often define traditional asset classes as simply stocks, bonds and cash with alternative covering basically everything else.
John L. Scott offers interactive real estate mapping (bizjournals.com via Yahoo! Finance) - John L. Scott Real Estate is now using Microsoft Corp.'s Virtual Earth platform with bird's-eye imagery in the Portland and Vancouver area.
Realtycorp Joins Prudential Real Estate Affiliates, Inc. (Real Estate News) - Prudential Real Estate Affiliates, Inc. will now operate as Prudential 1st Realty
Real estate alphabet soup — what do they mean? (Denver Daily News) - So the question was from one of my past clients: What does GRI mean? Good question. How about CRS, ABR, CIPS? OK, that’s enough to get started. It seems as though the only people who know what all these designations mean are in the real estate industry.
Redfin Hires Dave Wilner as Vice President of Real Estate Operations (SYS-CON Media) - Online real estate broker Redfin Corporation today announced the hiring of David Wilner as vice president of real estate operations. Responsible for both strategy and execution, Wilner's charter is to deliver on the company's 100 percent customer satisfaction guarantee and to expand Redfin's real estate business nationwide.
Investment in Indian real estate market booming (Deccan Herald) - The relatively small Indian real estate capital market has grown remarkably, especially in terms of private equity and debt segments, despite significant inherent risks involved, said a Deutsche Bank Research report.
Village officer suspended for fraudulent real estate dealings (Kaumundi Online) - Village officer of Kadakampalli Village suspended for fraudulent real estate dealings yesterday.Special village officer Abdul Gafoor and villageman Aji are transferred.
Allan Dalton to Lead Move's Real Estate Division (Business Wire via Yahoo! Finance) - WESTLAKE VILLAGE, Calif.----Move, Inc. has promoted Allan Dalton, president and chief executive officer of Realtor.com, to president of the Move, Inc. Real Estate division.
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China to Introduce Real-Estate Investment Trusts (Update1) (Bloomberg) - Jan. 6 (Bloomberg) -- China’s central bank and banking regulator are formulating a plan to allow developers to raise funds through real-estate investment trusts, or REITs, hoping to restart construction projects hamstrung by financing issues.
China to Introduce Real Estate Investment Trusts, Qi Says (Bloomberg) - Jan. 6 (Bloomberg) -- China’s central bank and bank regulator are formulating a plan to allow developers to raise funds through real estate investment trusts, or REITs, said the country’s vice housing minister.
Poly Real Estate 2008 Property Sales Rise to 20.5 Billion Yuan (Bloomberg) - Jan. 6 (Bloomberg) -- Poly Real Estate Group Co. , China’s second-largest publicly traded developer, said property sales rose 20.4 percent to 20.5 billion yuan ($3 billion) last year.
Commercial real estate: Manhattan sales slump (Sun-Sentinel) - Manhattan commercial real estate sales fell 66 percent in 2008 to $17.09 billion, the lowest in four years. Only 20 property sales worth $5 million or more closed in the fourth quarter, and there were 250 such deals in the year, according to Real Capital Analytics Inc., a real estate data service based in New York.