Homester.com Web News Archive

Not All Is Gloomy in Real Estate: A Blog Network Attracts Capital (New York Times) - Property-focused Web sites may be insulated from the woes of the real estate market in a way that traditional sites may not be.

U.S. real estate: The REIT stuff goes wrong (International Herald Tribune) - U.S. real estate investment trusts are poised for their biggest decline in almost a decade as investors look abroad for better returns.

Tax relief: Will it help Florida real estate? (Miami Herald) - Will the Legislature's latest tax fix juice up Florida's languishing real estate market? Realtors say the tax-relief package passed Monday should help get buyers and sellers to the closing table, if it's approved by voters Jan. 29. But just how much it will stimulate a sluggish market beset by multiple problems is uncertain.

Meadowlands real estate power sold (The Record) - Commercial real estate brokerage Lee & Klatskin Associates, whose chief executive Charles Klatskin played a key role in developing the Meadowlands, has agreed to be purchased by industry giant Jones Lang LaSalle Inc.

Hedge funds eye commercial real estate (Daily Telegraph) - TRADERS who bet against the US residential mortgage market ahead of the subprime crisis and won are now setting their sights on the commercial real estate sector.

Experts: Local real estate still a good buy (The Monitor) - MISSION — Real estate experts from across the state say don’t lose sleep over the Rio Grande Valley’s residential real estate market.

KS Partners, Apollo Real Estate refinance portfolio (BizJournals) - KS Partners LLC and Apollo Real Estate Advisors entered into a joint venture to refinance an eight-building portfolio.

Real Estate Blog Raises $1.5 Million (WebProNews) - So what if the real estate market is tanking?  I think that’s much more interesting to read about than a break-even or everybody-gets-rich scenario, and some investors may feel the same way; Curbed.com, a blog that covers real estate, just received $1.5 million in funding. Curbed isn’t a straightforward list of housing developments; it’s actually a rather entertaining group of stories ...

Japan's Sapporo to cooperate with Morgan Stanley on real estate business (Market Watch) - (Adds tie-up details on Yebisu Garden Place.) TOKYO (MarketWatch) -- Sapporo Holdings Ltd. (2501.TO) said Tuesday it has agreed with Morgan Stanley to cooperate in the real estate business, giving the U.S. investment bank an interest in a posh district in central Tokyo. Through their tie-up, a special purpose company to be launched by a Morgan Stanley real estate fund will buy a 15% interest in ...

Sentry Select seeks to launch global real estate fund (Investment Executive) - Sentry Select Capital Corp. has filed a preliminary prospectus for Sentry Select Global Real Estate Fund with the securities regulators across Canada. The fund will issue listed units and F-class units.