Homester.com Web News Archive

India's real estate boom (FT.com via Yahoo! News) - Investor enthusiasm to gain exposure to the booming Indian real estate market has seen a leading property developer soar 75 per cent on its stock market debut.

Monmouth Real Estate Investment Corporation Prices Offering of 7.625% Series A Cumulative Redeemable Preferred Stock (Boursorama) - FREEHOLD, N.J., Nov. 30 /PRNewswire-FirstCall/ -- Monmouth Real Estate Investment Corporation (the "Company") today announced the pricing of its previously announced offering of 1,150,000 shares of its Series A Cumulative Redeemable Preferred Stock at an initial public offering price of $25.00 per share.

Retirement Residences Real Estate Investment Trust Announces December 2006 Monthly Distribution (SYS-CON Media) - Retirement Residences Real Estate Investment Trust ('Retirement REIT')(TSX: RRR.UN) today announced that a distribution of $0.025 per unit has been declared for December, 2006, payable December 29, 2006, to the unitholders of record as at December 11, 2006.

Idaho Real Estate Agent Earns National Recognition (Real Estate News) - Brad Barker named one of the top real estate agents in country

Hanmi bank CEO: Calif. real estate not in crisis (Reuters via Yahoo! Asia News) - NEW YORK, Nov 30 (Reuters) - Sung Won Sohn, who runs southern California's Hanmi Financial Corp. and was once Wells Fargo & Co.'s chief economist, said on Thursday concerns that the California real estate market is in crisis are overblown.

Arbor Realty Trust to Present at the 10th Annual Wachovia Real Estate, Gaming & Lodging Securities Conference (FinanzNachrichten) - UNIONDALE, N.Y., Nov. 30 /PRNewswire-FirstCall/ -- Arbor Realty Trust , announced today that Ivan Kaufman, Chairman and Chief Executive Officer, and Paul Elenio, Chief Financial Officer, are scheduled to present at the 10th Annual Wachovia ( Nachrichten ) Real Estate, Gaming&Lodging Securities Conference on Tuesday, December 5, 2006 at 11:45 a.m. EST.

NAR PULSE: Commercial Real Estate Index Rises Again In Third Quarter (Real Estate News) - RISMEDIA, December 1, 2006— The Commercial Leading Indicator for Brokerage Activity, a leading indicator for the commercial real estate market, has increased for six consecutive quarters showing that continued growth can be expected in commercial real estate sectors, according to the National Association of Realtors.

Mall real estate prices to witness correction: A T Kearney (New Kerala) - Mumbai, Nov 30: Real estate prices in shopping malls are likely to come down due to overcapacity of mall space in the market, according to consultancy firm A T Kearney.

• Search Engine Optimization can Boost up Real Estate Sale (Turks.US) - With the inception of computerization and automation, real estate buying, selling and advertising are just a click of the mouse. The world economy becomes smaller; and among the benefactors of this technology is the high-end business of real estate trade.

Real Estate Opportunities Ltd., Buys out Battersea Power Station (Turks.US) - LONDON - Real Estate Opportunities Ltd. transacted with Oriental Property Ltd.to acquire Battersea power station and its surrounding land in London for 400 mln stg.