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US Real Estate
Bell City Real Estate Deal Under the Microscope
By
Mike Wheatley
| March 25, 2011
US Real Estate
Real Estate Fraud Serves as Warning to Investors
By
Mike Wheatley
| March 22, 2011
A California woman was handed a stiff 12 year prison sentence last Friday after duping hundreds of investors in a scam involving multiple fake real estate projects.
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.
Featured News
,
Realtors
Gordon E. Inman Steps Down at Fifth Third
By
Phil Butler
| March 10, 2011
Fifth Third Bank Chairman Gordon E. Inman just announced he is stepping down from the post he held for almost seven years. Inman co-founded Franklin Financial which later merged with Cincinnati's own Fifth Third Bank in 2004.
Real Estate Investing
,
US Real Estate
Commercial Moves in Phoenix: Finally Good News
By
Phil Butler
| March 8, 2011
In news from Phoenix, Arizona, two retail investment deals have closed there according to Cassidy Turley/BRE Commercial and Faris Lee Investments. A $14.6 million shopping center, Ridgeview Plaza, and a reported $5.4 million acquisition of Garden Lakes Centre.
Featured News
,
US Real Estate
Here It Comes: Obama the Real Estate Broker
By
Phil Butler
| March 2, 2011
In news from Washington, President Obama evidently has plans to sell off Federal property to help consolidate and streamline government. The President's State of the Union address made mention of streamlining, but now it appears Obama has set to task recommendations on just which properties to sell. But just what "unwanted" properties, and just "whom" the buyers might be seem key to this initiative.
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.
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