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US Real Estate
Certified Green Real Estate Agents Help Save the World
By
Tavis J. Hampton
| May 11, 2011
US Real Estate
Israeli Firm to Invest $500m in Indian Real Estate
By
Tavis J. Hampton
| May 11, 2011
An Israeli company called Elbit Imaging plans to invest no less than $500 million in real estate development projects in India. The developer, along with its subsidiary Plaza Centers NV, intends to create a diversified portfolio in India with office, residential, and retail real estate. In India the joint venture will be called Elbit India […]
US Real Estate
TIAA-CREF to Invest $1.09 Billion in 4 CBL Shopping Malls
By
Tavis J. Hampton
| May 10, 2011
Today, institutional real estate investor TIAA-CREF announced a $1.09 billion join venture with CBL to invest in four shopping malls. The shopping malls are Oak Park Mall in Kansas City, KS, CoolSprings Galleria in Nashville, TN, County Center in St. Louis, MO, and Pearland Town Center in Pearland, TX. According to Stephen Lebovitz, president and […]
US Real Estate
Government Owns more than 12,000 Excess Properties
By
Mike Wheatley
| May 10, 2011
More than 12,000 government properties have been identified by the White House as being no longer needed, yet in order to get its hands on the expected $15 billion to be gained from dumping these buildings, the government needs Congress to act. For that reason, President Obama will attempt to push through legislation to form […]
Luxury Real Estate
,
US Real Estate
Has the Luxury Hotel Industry Really Recovered?
By
Mike Wheatley
| May 10, 2011
Luxury hotels are leading the way, bouncing back faster than the rest of the US hotel industry as the economy recovers. But, at least according to hoteliers at a Los Angeles hotel industry conference, that rebound is not such the positive news they had hoped for.
US Real Estate
Fraudsters Faking Texas Property Sales with False Deeds
By
Mike Wheatley
| May 10, 2011
A frightening new real estate scam is growing in popularity right now, and it’s one that is going to force both buyers and owners of vacant properties to have to keep on their toes.
Real Estate
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Residential
,
US Real Estate
Zillow: 28 Percent of U.S. Homeowners Are Now Underwater
By
Tavis J. Hampton
| May 9, 2011
The percentage of homeowners with negative equity has increased to 28, according to Zillow, a website listing and property-value estimate website. Those homeowners, said to be “underwater”, accounted for 22 percent last year, but home values have fallen 8.2 percent over the past 12 months. Zillow says home prices dropped 3 percent in the first […]
US Real Estate
Investors Want H&R Block's Subprime Lender to Pay Up
By
Tavis J. Hampton
| May 9, 2011
Several mortgage bond investors are seeking assistance to force a subprime lending unit of H&R Block Inc. to buy back billions of dollars worth of faulty loans. The company, called Option One back when it did its dirty work, is now known by the name Sand Canyon Corp (SCC). H&R Block sold off the servicing […]
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