Home Builders/Developer's, US Real Estate

Developers Feeling the Heat as Sales Continue to Drop

By Mike Wheatley | March 22, 2011
So is our economy really recovering right now? Perhaps, but it’s not going nearly as fast as many would have hoped, according to some new real estate figures. Developers are the ones feeling the most heat as the numbers of sales drive some to the brink of bankruptcy.
Real Estate Investing, US Real Estate

Trouble Brews for Anglo Irish Bank Over Mark Hotel Deal

By Mike Wheatley | March 19, 2011
The Anglo Irish Bank has pulled out of a loan deal with one of the most exclusive of New York’s hotels, accepting a discount of $100 million on the loan in order to extricate itself from the deal. The $300 million loan deal connected to Manhattan’s luxury Mark Hotel was sold for just $190 to Dune Real Estate Partners investment firm.
Real Estate Technology, US Real Estate

When Toxic Assets Aren't the Only Toxic Element

By Phil Butler | March 17, 2011
Westport Investment Group, a real estate acquisition and advisory firm, announced its positioning to acquire deep discounted bank assets. The firm stands poised to acquire toxic assets from U.S. financial institutions, and in assisting in the recapitalization of selected banks. For banks scheduled to be taken over by the FDIC, Westport may represent a viable alternative.
US Real Estate

CB Richard Ellis Group Receives Top Energy Star Award

By Tavis J. Hampton | March 16, 2011
The U.S. Environmental Protection Agency (EPA) honored CB Richard Ellis Group, Inc. with the 2011 ENERGY STAR Sustained Excellence Award for its strong commitment to energy efficiency.  On April 12, 2011, the EPA will hold a ceremony and present CBRE with the award. CBRE's participation in the ENERGY STAR program is a large part of […]
Featured News, Real Estate Investing

Hawaii and the Coming Commercial Boom - Well Maybe

By Phil Butler | March 7, 2011
Commercial real estate investment in Hawaii was very strong last year. Spending for hotels, shopping centers, and other attractive bargains was obviously in vogue as investors spent twice what they did the previous year.
Home Builders/Developer's, US Real Estate

HPI and Captex to Build 1,000 Apartments in Texas

By Tavis J. Hampton | March 2, 2011
Central Texas will soon have 1,000 new apartments, thanks to the new joint venture initiated by HPI Real Estate Services and Captex Development Company. The two companies will collaborate on four projects over the course of two to three years, building apartments under the name HPI Residential.
Featured News, Real Estate Investing

Allianz and Others Looks to Expand Portfolio Possibilities

By Phil Butler | March 1, 2011
In investment news from Europe, retail property looks like the next boom territory for investors on the continent. According to a recent Jones Lang LaSalle survey, retail investment in 2010 accounted for at least 28 percent of the total commercial property sector. And, Allianz Real Estate, a unit of German insurer Allianz SE, is actually broadcasting they intend investing €11 billion more.
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