Homester.com Web News Archive

Private equity firms target commercial real estate in valley (BizJournals) - Private equity firms are bulking up on real estate investments as they look for places to spend large amounts of cash, including commercial properties in Silicon Valley.

Real estate sector constituted 4.5pc of Jordan's GDP in ’05 (Khaleej Times) - DUBAI — The real estate and construction sector accounted for 4.5 per cent of Jordan's gross domestic product (GDP) last year and is growing at a compounded annual growth rate (CAGR) of 11.6 per cent during 2001 to 2005, according to a recent report by Global Investment House.

• Miami Real Estate: Investment Loans (Turks.US) - A loan on secured by Miami real estate collateral is typically known as a mortgage. This is the most popular form of real estate investment loan used by investors. Miami real estate investments provide an opportunity to generate cash flow.

Juggling real estate projects coast to coast (Chicago Tribune) - Developer Steven D. Fifield, who recovered from losses piled up during the real estate debacle of the early 1990s, is now expanding Fifield Cos. nationally. It is developing offices, condominiums and rental apartment buildings in Illinois, Florida, Nevada, California, Hawaii and Washington, D.C..

Real estate business expands (NorthJersey.com) - Global commercial real estate services firm Newmark Knight Frank is expanding in Bergen County.

Real-estate agents combine sales teams (The Cincinnati Enquirer) - Two veteran Huff real-estate agents are joining forces. Al Wittich and Coleen Holt have combined their sales teams to form the Wittich-Holt Team.

Real estate advice really hits home (Miami Herald) - Confessions of a Real Estate Entrepreneur, by James A. Randel. McGraw-Hill. 256 pages. $29.95. When I first picked up Confessions of a Real Estate Entrepreneur by James A. Randel, I wasn't captivated by its bland cover, which makes the book look dull and boring. Wrong. Instead, it is one of the best real estate books of 2006 because it tells how a super-successful investor evaluates real estate

Al Salam Bank signs real estate development (AME Info) - Al Salam Bank signed today a partnership agreement (subject to regulatory approval) with a leading property developer and private real estate fund in Malaysia.

Oman real estate boom fears (AME Info) - A real estate expert in Oman is predicting that the booming price increases in the country are getting out of control and a market crash could follow, echoing the one in the 1980s, reported Gulf News. Hussain Jawad, the Chairman of Al Argan Towell Investment, said that the rises in the Sohar area in particular were unrealistic and inflated.

Edgar Genovese, 96, inventor who owned real estate firm (Baltimore Sun) - Edgar N. Genovese, a Little Italy native whose career included real estate and restaurant ownership, manufacturing and inventing, died Sept. 16 of complications from dementia at Stella Maris Hospice in Timonium. He was 96 and had lived in Towson.