Seeing the national trends all day long does little to effect a view of the local real estate market picture for those interested. By looking at regional metrics via the research of agencies such as Long & Foster however, mini-trends and more relevant pluses and minuses can be understood. This weeks Industry Snapshot focuses on Northern Virginia.
Spanish Real Estate Company Reyal Urbis Files for Insolvency
February 19, 2013 by
Spanish property firm Reyal Urbis has filed for insolvency today after a failed attempt at renegotiating its debts to its creditors, thus becoming the latest company to crack under the pressure of the country’s real estate market dire circumstances. The company’s debt at the end of September 2012 was of 3.6 billion euros.
Market Watch: Major Investment Firms Target Atlanta Homes
February 15, 2013 by
Much to the chagrin of many home buyers, Atlanta is now the main dish on the investor buffet table. As other markets see distressed inventory shrink, the big investors – those with budgets in the millions and some in the billions, including hedge and retirement funds with both domestic and international roots have turned their attention to Atlanta
EMEA Real Estate Transactions Reach Highest Quarterly Level in 5 Years
February 8, 2013 by
Direct investment into commercial real estate was up 3% in 2012 in the Europe, Middle East and Africa (EMEA) region, according to new research published by Jones Lang LaSalle. The increase of 2012 was strongly supported by the strongest quarter since 2007, as in Q4 of 2012 real estate transactions amounted to €46 billion, putting the yearly totals at €123 billion (USD 159 billion).
Rosewood Property Company and Texas Excellence Fast Forward
February 8, 2013 by
I was reading Google News bits this morning when I ran across a story on the digital version of the Dallas Morning News about a legendary Texas luxury property business. According to the story by the paper’s Real Estate Editor, Steve Brown, the well positioned Rosewood Property Company is on the move investing again. You knew about Rosewood, didn’t you? Oh, you didn’t. Then Read on.
Survey Shows Greater Confidence among UK Mortgage Brokers
February 6, 2013 by
UK mortgage brokers have become more confident in what the overall outlook for the lending market of this year is concerned, The recently released Halifax intermediaries survey showed that 75% of brokers are more optimistic about the mortgage market in the beginning of 2013, up 6% from Q4 of 2012.
UK Real Estate Asking Prices on the Rise
January 21, 2013 by
UK property asking prices went up by 2% in January froth their December level, leading to a 2.4% year on year increase, as shown by Rightmove data. The property website forecasts that both prices and transaction numbers for real estate will moderately grow in 2013, based on their increase in traffic in the new year.
Moor Park Capital Reopens Sale & Leaseback Market
January 18, 2013 by
Moor Park Capital Partners just announced their advising a consortium of investors toward a £700 million sale and leaseback of 12 Spire Healthcare hospitals. Specialists in corporate finance and real estate transactions, Moor Park is directed by led by Gary Wilder, Shemeel Khan and Jagdeep Kapoor.
Condos Pique the Interest of Investors and Developers Once More
January 17, 2013 by
For some cautiously, for others at full speed, condominiums are making a comeback in US urban markets as buying is once again more attractive than renting. Investors and big developers turn their interest to residential condos, as apartment rents go up and the real estate market slowly recovers.
Real Estate Funds Underperform Due to Excessive Leverage
January 15, 2013 by
Real estate funds that favor a riskier approach are more likely to have leverage determine their underperformance, as shown by a recent study published by the Urban Land Institute (ULI). To reach its conclusions, the study employed a model which measured leverage impact on underperformance for 169 core, value-added and opportunistic funds.
