Homester.com Web News Archive

GE Real Estate to buy Arden Realty for $3.2 billion (San Diego Daily Transcript via Yahoo! News) - STAMFORD, Conn. (AP) -- General Electric Co.'s (NYSE: GE) real-estate unit has agreed to buy commercial real-estate investment trust Arden Realty Inc. (NYSE:ARI) for about $3.2 billion in cash.

Real Estate People & Places: 12/24/05 (Pittsburgh Post-Gazette) - Coldwell Banker Real Estate has announced its top agents for November.

NY real estate heir Durst bumped into murder trial judge at mall (New York Newsday) - The New York real estate heir who was acquitted of murdering his Galveston neighbor bumped into the judge who presided over his trial at a mall as she shopped for Christmas gifts earlier this month.

Las Vegas Real Estate Market Gets Bad News (KLAS) - The Las Vegas real estate market received some bad news from a popular magazine. Fortune magazine ranked Las Vegas last in a list of the top hundred real estate markets. The ranking is based on predicted price growth over the next two years.

CoStar Launches New Service to Permit Real Estate Professionals to Lawfully Post CoStar Photographs on Internet Listing (Boursorama) - BETHESDA, Md., Dec. 23 /PRNewswire-FirstCall/ -- CoStar Group, Inc. , the leading provider of information services to the commercial real estate industry, today announced the launch of a new service that will enable its CoStar Property Professional(R) subscribers to lawfully post CoStar photographs on Internet listing services.

Real estate heir Robert Durst bumped into murder trial judge at mall (KVIA) - HOUSTON Real estate heir Robert Durst is jailed today in Houston -- partly because he ran into the judge who presided over his murder trial.

Real estate investment trust sold to GE for $3.2 billion (Tacoma News Tribune) - General Electric Co. has agreed to buy commercial real estate investment trust Arden Realty Inc. for about $3.2 billion in cash in one of its largest U.S. real estate deals.

Real Estate Remains Top Choice for Investors (Turks.US) - Real estate remains a top choice for investors, with expected growth into 2006. According to a BetterInvesting's Voice of the American Shareholder (VOAS) poll, the real estate industry is only surpassed by energy as a top investment opportunity.

Westfield Real Estate Investment Trust pays $11.8M for Calgary building (Canadian Press via Yahoo! News) - WINNIPEG (CP) - Westfield Real Estate Investment Trust has paid $11.8 million for the Centre 15 office building near downtown Calgary.

Alpine Real Estate Funds Announce Capital Gains and Ordinary Income Distributions (PR Newswire via Yahoo! Finance) - Alpine Woods Capital Investors, LLC announced today the declaration of ordinary income and year-end capital gains distributions for the Alpine International Real Estate Equity Fund , Alpine U.S.