Homester.com Web News Archive

Bankers escape cap on real estate lending (BizJournals) - For banks heavy in the commercial real estate lending business, the regulatory sky has ceased to fall.

Latest merger spurs turnover talk in local real estate market (BizJournals) - In the wake of CB Richard Ellis Group Inc.'s freshly minted, $2.2 billion acquisition of competitor Trammell Crow Co., real estate brokers across the Baltimore region are keeping watch for an expected flight of Trammell Crow's power brokers to other firms in the region.

Industry braces for real estate price war (BizJournals) - In a move that could have significant implications for the real estate industry in Texas, a state lawmaker will introduce a bill in the upcoming legislative session that would require the disclosure of sales prices on all property transactions.

Industrial market picks up as residential real estate slows (BizJournals) - NORTHEAST FLORIDA -- Some analysts warned that the residential real estate bubble would burst in 2006, but in Jacksonville it merely deflated back to historical levels while a stagnant industrial market began to pick up steam.

Power to the steeple: Southeast Christian to surpass 1 million square feet of real estate (BizJournals) - "Mind-boggling" is how Southeast Christian Church senior minister Dave Stone describes the amount of real estate under roof on the megachurch's 110-acre campus, located near the Interstate 64-Blankenbaker Parkway interchange.

Deyar plans to double investments in real estate market (Gowealthy) - Deyar, the real estate arm of Dubai Islamic Bank, has decided to double its realty investments in the coming two years. The firm will increase its investment portfolio from Dh11 million to Dh22 million.

Real estate agents report fall in rents (The Peninsula) - DOHA • House rents in the city have fallen significantly within 10 days after conclusion of the Doha Asian Games, say real estate agents. However, there is no respite for the low and middle income families so far, since most of the available flats still remain beyond their reach.

Business real estate outlook mostly sunny for '07 (The Arizona Republic) - Commercial real estate, which comprises industrial, office, retail and multifamily housing, is poised for another strong year in 2007. That is so long as the national economy doesn't take a dramatic downturn.

SAN JOSE THE WEAKEST LINK IN MOST COMMERCIAL REAL ESTATE MARKETS (San Jose Mercury News) - The San Jose, Santa Clara and Sunnyvale commercial real estate markets account for more than half of all office, R&D and warehouse space in Silicon Valley, and provide more than 70 percent of its industrial space. Here's how the heart of the valley's various markets looked as of Dec. 1, compared with three years ago.

New leader of Sears Real Estate talks shop (Greeley Tribune) - Chalice Springfield was recently named the first woman chief executive officer of Sears Real Estate, a 35-year-old company in Greeley.