Homester.com Web News Archive

Spanish Real Estate Company Acquired (New York Times) - Grupo Martinsa, a Spanish real estate company, agreed to buy Fadesa Inmobiliaria, another real estate company, for about 4 billion euros ($5.1 billion) to quadruple its land holdings. Martinsa, a closely held company based in Madrid, bid 35.70 euros for each of the remaining shares, 21 percent more than the closing price Wednesday of 29.55 euros. Manuel Jové, chairman of Fadesa, agreed to sell

Commercial Real Estate Investors, Lenders Meet On Mezzanine (Investor's Business Daily via Yahoo! News) - Investors hesitant to plunk down equity to acquire commercial real estate are enjoying the best of times: Mezzanine capital hunting for property has flooded the market the last couple of years in a quest for yield, giving borrowers greater access to cheaper financing.

Real-estate funds post another rosy quarter despite housing slump (Market Watch) - BOSTON (MarketWatch) -- An improved outlook for commercial property helped real-estate mutual funds lead all sector-fund rivals in third-quarter performance despite a sharp downturn for U.S. housing.

Commercial Real Estate Investors, Lenders Meet On Mezzanine (Investor's Business Daily via Yahoo! Finance) - Investors hesitant to plunk down equity to acquire commercial real estate are enjoying the best of times: Mezzanine capital hunting for property...

2 real-estate companies buy Hyatt on Goat Island (The Providence Journal) - Two privately held real-estate companies said yesterday that they have purchased the Hyatt Regency hotel on Goat Island in Newport for an undisclosed sum.

Q&A: How Far Will Real Estate Drop? (Newsweek) - Economist and real-estate researcher Karl Case explains what the market slowdown could mean for homeowners—and for the economy.

LA Real Estate Market Unaffected By National Trend (KPLC) - Nationally, the real estate market bubble may have burst, but here locally do not expect to be feeling those effects any time soon. While some area's around the U.S. have seen a dip in housing prices that is not the case here at home.

Real Estate Notes (The Daily News Transcript) - Coldwell Banker Residential Brokerage of New England is pleased to welcome Sean Mulvaney to the Coldwell Banker Residential Brokerage office in Westwood as a Sales Associate. Mulvaney will provide residential real estate services in Westwood as well as the surrounding communities.

Real Estate Forum exposes slowdown in August (Summit Daily News) - BRECKENRIDGE - More than 30 people attended the Breckenridge Resort Chamber's (BRC) fall Real Estate Forum Thursday morning at Stephen C. West Ice Arena. The event proved an opportunity to provide information on market analysis, commercial development, and affordable housing needs around the county.

Commercial real estate continues to boom (Seattle Post-Intelligencer) - A strong commercial real estate market tends to reflect a strong overall economy. Newly released figures have Seattle looking pretty good.