New Law Allows California Landlords to Restrict Smoking



The Smokefree Housing Law (SB 332) went into effect in California on January 1, 2012, giving multifamily property owners and managers the power to prohibit smoking in rental units. Like many of the public smoking bans in the areas across the United States, the Smokefree Housing Law is aimed at curbing secondhand smoke. Although many […]

Indianapolis Hopes for Housing Boost after Super Bowl



The city of Indianapolis is only a week away from hosting Super Bowl XLVI. As the New England Patriots and New York Giants move in, many in the city are hoping visitors will like what they see and help boost the struggling housing market by taking up residence.

Home Builders Respond Positively to Obama’s Address



The National Association of Home Builders (NAHB) offered its response to President Barack Obama’s State of the Union Address, praising his remarks regarding foreclosures and efforts to help homeowners stay in their homes. The President’s refinancing plan will continue to help homeowners stay in their homes, the NAHB said, as millions continue to struggle unemployment […]

Scotia Plaza to Go On Sale with Possible $1 Billion Price Tag



Money talks, and the Bank of Nova Scotia is hoping some prospective buyers with fat wallets are ready to start chatting. The bank has confirmed that it is now looking to sell its towering 68-story Toronto skyscraper, Scotia Plaza. Canada’s second-tallest skyscraper will soon be up for sale, and the transaction could go for around […]

A Third of British Tourists Prefer Spain, Report Says



One in three tourists from the UK prefer to take their vacations in hot tourist spots throughout Spain, according to a report released by airline Jet2.com and holiday specialist Jet2holidays. For property managers and home sellers in Spain, that means more opportunities to sell and lease vacation homes to wealthy British travelers. The report, “What’s […]

Finlay Management Names Jeff Goldshine New President



Finlay Management Inc. announced this week that it has named real estate veteren Jeff Goldshine as its new president. Goldshine brings with him 35 years of experience and a career that includes the management of over 60,000 units. Chris Finlay, past president and company founder, announced the appointment of Goldshine. Mr. Finlay will stay with […]

CREC Brokers Sale of Florida Condos for $5.22 million



Continental Real Estate Companies (CREC) recently sold 79 units of the Caribbean Isles Villas Condominium in Homestead, Florida for $5.22 million.  With this sale, CREC sold 30 percent of the property’s 252 units. The condo units cover a total area of 96,000 square feet, averaging 1,200 square feet in two and three bedrooms condos. The property […]

Infographic Illustrates Revealing Information about French Real Estate



TheMoveChannel.com has released a revealing infographic, “France at a Glance”, that pinpoints some of the realty hot spots in France, as well as some of the regions that are prime for real estate investment. The infographic is based on information that TheMoveChannel.com collected from search queries on its site over the course of 2011. The […]

American Billionaire Nabs UK’s Soho House Club



3WAJYCQPU63C American Billionaire Ron Burkle has acquired majority ownership of the popular UK club Soho House. Nick Jones, who originally founded the club in London 17 years ago, confirmed the sale in an email to Soho House members. Although Soho House began in London, it eventually became an entire network of clubs, hotels and restaurants, […]

Bahrain-Based Tadhamon Acquires Student Housing Block



Tadhamon Capital, an Islamic investment company in Bahrain, announced the acquisition of a student accommodation block in the UK. The joint acquisition with Watkin Jones gives Tadhamon 50 percent ownership of the block. The transaction totaled $41.3 million and included a net yield of 7.3pc. Tadhamon co-arranged the transaction with the real estate investment manager […]

Sign up Now and get our guide on Facebook for Real Estate Professionals for Free

Sign up to the Realty Biz News mailing list to get updates from our site and also get our guide to Facebook marketing for Real Estate professionals for free