Homester.com Web News Archive

Real Estate Executive Returns to Morgan Stanley (New York Times) - Devin Murphy has returned to Morgan Stanley ’s real estate division five years after he left to run Deutsche Bank ’s real estate investment banking division. Mr. Murphy will serve as a managing director and vice chairman in the investment banking division of the firm.

Japan Real Estate Shares Fall After Anabuki Bankruptcy (Bloomberg) - Nov. 25 (Bloomberg) -- Japanese real estate shares fell to a six-month low in Tokyo trading after Anabuki Construction Inc. filed for bankruptcy with 140 billion yen ($1.58 billion) in debt.

Allstate Favors Corporates Over Munis, Real Estate (Update1) (Bloomberg) - Nov. 24 (Bloomberg) -- Allstate Corp. , the largest publicly traded U.S. home and auto insurer, is investing in corporate debt as it reduces commercial real estate and municipal bond holdings.

Breaking ground in real estate (Scoop.co.nz) - A new independent real estate company – GoodGround – has officially opened its doors from its home base in Waipu.

Lake Co. real estate agent charged with sexually abusing client's child (Daily Herald) - A 63-year-old Gurnee-area real estate agent is charged with trying to sexually abuse the child of one of his Libertyville clients, Lake County prosecutors said Tuesday.

I-Team: Real Estate Scam Follow-Up (FOX 13 Memphis) - Daryl Moore, the disgraced former real estate agent, who lost his license in 1998, and is now a defendant in a theft of property case has hired Memphis attorney Javier Bailey. On Friday, Moore waived his right to a preliminary hearing and had his case bound over to a Shelby County Grand Jury.

Tentatively and Sporadically, Real Estate Investing Makes a Comeback (Knowledge at Wharton) - Real estate is showing some early signs of recovery as an attractive investment, at least compared to some other opportunities like corporate debt. But capital markets must open further to revive normal deal flows, said panelists at the recent Zell Lurie Real Estate Center conference. And while glimmers of confidence are returning to some sectors, the positive signs are distributed unevenly ...

Real Estate of the Future: Lean, Clean and Green (RISMedia Real Estate News) - RISMEDIA, November 25, 2009—There are several changes going on in the real estate industry today, not all of which are due to the economy, but certainly the reverberation from the recession will be felt for some time. As I see it, there are three words that come to mind as ...

Former real estate broker gets prison time (Journal Gazette & Times-Courier) - URBANA — Former Charleston real estate broker Robert W. “Bear” Taylor was sentenced to nearly four years in federal prison Monday for defrauding clients of the Charleston real estate office he once operated.

Century 21 Real Estate Celebrates Grand Launch in Czech Republic (RISMedia Real Estate News) - RISMEDIA, November 25, 2009—Century 21 Real Estate LLC, the franchisor of one of the world’s largest residential real estate sales organizations, recently held a grand launch event in the Czech Republic. "The Czech Republic is one of the most stable and prosperous economies in Central Europe,” said Century 21 Real Estate ...