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.
Featured News, US Real Estate

US Real Estate Prices Continue to Tumble

By Mike Wheatley | March 18, 2011
According to the Core Logic Home Price Index, newly released figures for January 2011 show that the prices for US residential homes fell for the sixth month in a row, and are now worth 5.7% less than they were this time last year.
US Real Estate

HP Deal Signals Big Corporations Back in the Business

By Mike Wheatley | March 17, 2011
Yesterday’s announcement that Hewlett-Packard has agreed a seven year deal to lease a huge 1.4 million Sq. foot distribution center in San Bernardino marks the return of big corporations to the real estate market, industry observors claim. According to Westcore Properties, the computer technology giants plan to begin operations in the Cajon Distribution Center sometime this summer, and it is hoped that more such deals will be back on the agenda soon.
Coaching, Featured News

Questions You Should Ask That Prospective Realtor

By Joe Spake | March 12, 2011
Real estate agents love referrals, much of a professionals business is derived from recommendations or other forms. But what about once you are referred to an agent? What sort of questions can you ask that will help you make a qualified decision as to hiring or not hiring a prospective real estate professional? Here are a few that can help you make the right choice.
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.
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

Barwa Real Estate Nearly Doubles Profit in 2010

By Ryan Cox | February 24, 2011
Barwa Real Estate says that profits soared after an acquisition spree in 2010. Qatar’s biggest publicly traded developer by assets, posted some impressive numbers, and in a filing to the Qatar exchange yesterday its full-year net profit rose to 1.4 billion rials.
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