Homester.com Web News Archive

Feds Implicate Troutman Sanders Real Estate Chair in $50 Million Kickback Scheme (Law.com) - A complaint filed by federal prosecutors in Boston alleges that Troutman Sanders real estate practice chair Leonard Grunstein participated in a scheme to accept $50 million in kickbacks from pharmaceutical vendor Omnicare in order to provide services to a nursing home company in which he and two other defendants are principals. The allegations were revealed when Omnicare agreed to pay $98 ...

Answering 25 Real Estate Questions (BusinessWeek) - Today, more than ever, everyone has questions about the real estate market. When will housing come back? How can I stay in my home? What is the government doing? Will I ever be able to sell my house? Despite some positive signs, many people remain scared and uncertain about what is really going on.

Hypo Real Estate gets another euro3 billion (AP via Yahoo! Finance) - Nationalized German lender Hypo Real Estate Holding AG said the government's financial-sector rescue fund on Wednesday granted it another euro3 billion in fresh capital.

Competition Bureau seeks real estate shake-up (MalaysiaNews.net) - TORONTO -- A landmark investigation by the federal Competition Bureau may dramatically change the way homes are bought and sold in Canada. The Canadian Real Estate Association has informed its member...

Real estate insolvency deal signed (Arab News) - RIYADH: Minister of Commerce and Industry Abdullah Zainal Alireza announced on Wednesday that liquidation agreements have been signed for 70 percent of insolvent real estate share businesses worth SR1.33 billion, adding that money received from the firms would be deposited at Bank Albilad.

Chris Griffith: The truth about real estate market reports (Naples Daily News) - Last week, CNNMoney.com reported that housing prices would drop another 26 percent. It got a lot of attention and started some chatter. The biggest question people have when they see these reports are if they’re true or not. Seriously, is it possible that housing values can drop further and by a figure as large as 26 percent? The confusion with a large portion of real estate market reports is ...

Vestin Mortgage real estate trusts narrow losses (Las Vegas Sun) - The recession continued to hurt results in the third quarter at two real estate investment trusts run by Vestin Mortgage Inc. of Las Vegas, though both trusts narrowed their losses from year-ago levels.

Gussis, Lichtenfeld Join Baker & Daniels' Real Estate Group (dBusinessNews.com) - CHICAGO — Samuel P. Gussis and Samuel A. Lichtenfeld have joined the real estate practice group at Baker & Daniels LLP. Gussis becomes a partner and Lichtenfeld serves as counsel, both from the law firm's downtown Chicago office.

REAL ESTATE SALES DISCLOSURES 11-5-09 (The Seymour Tribune) - REAL ESTATE SALES DISCLOSURES Gertrude Harder, as personal representative of the estate of Charles D. Harder, deceased, to Thomas R. Williams and Louella S. Williams, 1050 Louise Ct., Seymour, Lot 95 in Crestview Add., Sec. 7, $146,000, Sept. 24....

Only 12% of Real Estate Companies Plan to Increase Hiring in Next Six Months (RISMedia Real Estate News) - RISMEDIA, November 5, 2009—In a survey of real estate CFOs and senior comptrollers conducted by Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, only 12% of real estate companies say they will increase hiring in the next six months and nearly two-thirds (63%) plan to reduce bonuses. ...