Homester.com Web News Archive

Hub commercial real estate sales to hit $10B record (BizJournals) - Investors will have spent more than $10 billion buying commercial real estate in Boston by the end of the year, putting the city on the map as a target of global investment while jumping 40 percent from last year's record level.

More than real estate (Chicago Tribune) - Sam Zell may be known as the nation's largest office landlord, but his interests include barges, wineries and other financial opportunities--as long as they come with good management Sam Zell, Chicago real estate magnate, has faith in the city's long-term economic prospects and he still invests in property. But while he's known as the nation's largest office landlord, throughout his career he's

December real estate sales off to fast start (Aspen Daily News) - It looks as though another banner year in Pitkin County real estate sales is going out with a bang. The first week of December saw five single-family home sales of at least $5.35 million each, punctuated by the $20 million purchase of a Red Mountain home.

UPDATE: Israel Stocks Off Records; Paz Oil Eases, Teva, Real Estate Lower (Nasdaq) - TEL AVIV (Dow Jones) -- Israeli stocks fell from their records in late trading on Sunday as Paz Oil gave back a bit of its Thursday surge from its initial offering, Teva Pharmaceutical was active and lower, and the real estate sector fell -- with a couple of key exceptions.

Former NBA star scores with real estate (Metromix.com) - HOUSTON -- A former player for the Houston Rockets is becoming as celebrated in the city's real estate circles as he was on the basketball court.

Arkan Al-Kuwait Real Estate listed in KSE (AME Info) - As of December 11, 2006, Kuwait Stock Exchange (KSE) traders will be able to deal in shares of Arkan Al-Kuwait Real Estate Co., established by Gulf Investment House (GIH) in August 2003.

TAIB establishes ACACIA Real Estate Limited (AME Info) - TAIB Bank B.S.C.(c), the Bahrain-based private bank, today announced the incorporation of Acacia Real Estate Limited, BVI, ('ACACIA'), a new US$ 500 million company that will provide a diverse range of conventional and Shariah-compliant investments focused on income generating properties and select development projects.

Boom bust cycles in real estate, stocks and dollar shows stocks are headed for a massive fall in 2007 (India Daily) - Analytical studies that involve cycle analysis in real estate, stocks, dollar and gold are revealing some interesting data. Smart money in the last 100 years have moved in and out of real estate market in a periodic sinusoidal cycle.

Montco Real Estate Firm Joins with Marines in Toy Drive (KYW News Radio 1060) - A Montgomery County real estate company is using its reach to make this a happy holiday season for underprivileged kids all across the country. American Financial Realty Trust is partnering with the Marines and Toys for Tots, not just in the Philadelphia region but nationwide.

EIIB, Islamic real estate fund (AME Info) - The European Islamic Investment Bank has launched the EIIB Pan-European Islamic Real Estate Fund, which is structured as a tax-efficient shariah compliant fund which will directly purchase commercial real estate assets in the office, retail and industrial sectors in and around major cities in Europe.