Mainstreet Property Group Acquires 13 Assisted Living Properties



Commerical property delinquencies

Mainstreet Property Group, one of the country’s largest developers of seniors housing properties, has announced their HealthLease REIT fund having acquired some 13 senior housing and care properties located in North Carolina, Pennsylvania and Virginia for $141.7 million.

KSL Capital Partners Acquires Malmaison Hotels



Malmaison Hotels

In hospitality property news from the UK, KSL Capital Partners has announced their acquisition of  Malmaison and Hotel du Vin. According to the news the Denver private equity firm extends their growth in the hotels sector, while the investment will help Malmaison broaden their brand as well. CEO of Malmaison, Gary Davis, offered this comment on the […]

Three UK Property Fraud Stories



Tenant agreement - courtesy © Kenishirotie - Fotolia.com

News from the UK tells of three former Cumbrian estate agents having admitted to defrauding clients of more than £250,000. Facing prison time for their actions, the husband and wide team of Gloucestershire admitted to the judge in the case charging clients for qualified surveyors when in fact the couple performed work themselves. The trio […]

Canada’s Top 5 Dividend Ranked Stocks So Far for 2013



Toronto Stock Exchange - courtesy nodomain.cc

The Canadian Stock Channel has just named their top 25 rated stocks via by dividend rank. The report also cited the strong monthly dividend history at Boardwalk Real Estate Investment Trust, and favorable long-term multi-year growth rates in key fundamental data points.

Should Your American Dream Home Be New or Used? (Infographic]



Owning a home

When the time to buy into your American Dream comes, there will be loads more decisions to make before the dealing is done on your home buying experience. Not the least of the decisions you’ll have to make, deciding on buying a new or used home has its share of pluses and minuses to consider.

London Gets World’s Biggest Urban Meadow



The Olympic park now - courtesy The University of Sheffield

News from The Independent speaks of London giving back to the environment, and to her people. In the shadow of the Olympic stadium where Usain Bolt and other athletes thrilled the world last Summer, a swatch of concrete that consumes 55 acres will be a meadow soon.

Trump Rio Tags Cushman & Wakefield to Manage Leasing



Trump Rio conceptual - courtesy MRP International

The people behind the development of Trump Towers Rio de Janeiro, MRP International, have just appointed Cushman & Wakefield as leasing agents for the property. The 38 story skyscraper, the largest ever office development within a BRIC country, will be opened in 2016.

The Cheapest Cities to Live [infographic]



World Cities

For a little better understanding of the global real estate picture, and to compare some key markets against one another, Realty Biz News found the cool interactive graphic below from Residential Land.

Iconic Properties Australia: Surfers Rowers Hotel



A packed Surfers Rowers

There are iconic properties put on the market every day, but not too often do we see surf paradises, and especially not popular party hangouts go on the block. News today from Australia’s Gold Coast foretells of someone soon owning a bit if “down under” revelry. The former Surfers Rowers Hotel at Bundall fell into receivership and has been put up for distressed sale evidently.

Tri-ED Reveals State of Northern Kentucky CRE



Tri-ED

The New Signature Sites and Buildings Catalog, the online brochure is actually quite an excellent preview of Northern Kentucky’s CRE sector. Released by the Tri-ED, the data shows current and future properties and developments up close.