Homester.com Web News Archive

The Hartford Updates Its D&O Product for Real Estate Investment Trusts (Insurance Journal) - With diversification and income as priorities, individual investors, pension funds and institutional investors have been moving massive amounts of capital to the real estate sector. Real estate invest

Arcapita sells US real estate portfolios for $800 million (Khaleej Times) - MANAMA— Arcapita Bank headquartered in Bahrain, announced yesterday the execution of definitive agreements to sell three real estate portfolios in the United States to ProLogis for an aggregate transaction value of approximately $800 million.The financial closing is expected to take place in January 2006.

Arcapita sells US real estate portfolios for $800 million - Bahrain (MENAFN) - Arcapita sells US real estate portfolios for $800 million - Bahrain

Maui real estate developer offers to build Kihei high school (KPUA Hilo) - HONOLULU (AP) _ Maui real estate developer Everett Dowling has offered to build a public high school for the fast-growing community of Kihei. Dowling says his engineers are studying two potential parcels for the school but wouldn't specify where they were.

DeGeneres isn't joking when it comes to real estate (San Jose Mercury News) - Ellen DeGeneres isn't all talk when it comes to buying and selling real estate. Word is coming from the closest observers of a done deal -- the neighbors -- that she bought a compound for $15 million plus a fixer next door for a total of $22 million. It's the Sunset Strip version of a neighborhood watch.

Investors pump up Treasure Valley real estate (KBCI Boise) - BOISE, Idaho Investors from across the U-S are increasingly buying real estate in southwestern Idaho's Treasure Valley, including Boise. They're attracted by affordable housing compared to cities on America's West Coast, and a strong rental market.

Real Estate Developer Maurice Paprin Dead at 85 (1010wins.com) - Nov 27, 2005 11:14 am US/Eastern (1010 WINS) (NEW YORK) Maurice Paprin, a real estate entrepreneur who built thousands of apartments in New York and spent decades promoting liberal causes, died Friday at a hospital in Manhattan.

More Real estate (Detroit Free Press) - WASHINGTON -- Pretty much everybody in real estate knows what's up: The hot air is hissing out of what David Lereah, chief economist for the National Association of Realtors, once enthusiastically called the "Great Real Estate Boom of the 21st Century."

The other boom in real estate - Hundreds of new agents, brokers licensed each month in Washington (King County Journal) - The nation's sizzling housing market has attracted droves of home buyers, but it has also drawn many who are looking to get a piece of the action in another way -- by joining the growing ranks of real estate agents.

Real estate buyers need to obtain title insurance (Baltimore Sun) - Real Estate Mailbag -- Jonathan A. Azrael Iam buying my first home. My Realtor is offering title examination insurance for $1,038.40. They say this will protect me if there are any liens or judgments on the property. Should I spend this money and hire a lawyer to review my purchase? Or should I do one or the other? The house is in the $180,000 to $190,000 range.