Homester.com Web News Archive

New Heights in Real Estate Prices as New York Building Brings $1.8 Billion (New York Times) - The Kushners, a New Jersey real estate family, are paying three times what the seller paid for the building six years ago.

Regulators clamp down on commercial real estate lending (USA Today) - Federal regulators on Wednesday tightened oversight of commercial real estate lending, warning that many banks are carrying a high concentration of such loans. The regulators want to prevent any repeat of the 1980s, when the real estate market plummeted, taking many banks down with it.

Police: Women Targeted Real Estate Agents (WKMG Local6.com via Yahoo! News) - Two women who were apparently pretending to be interested in buying new homes to steal from real estate agents were taken into custody, police said.

BRIEFING - ASIA REAL ESTATE - DEC 7, 2006 (Asia Pulse via Yahoo!7 Finance) - Real estate companies recorded some of the biggest revenue growth in the April-September half, according to data The Nihon Keizai Shimbun compiled from nonfinancial firms listed on Japan's three start-up markets.

Briefing - Asia Real Estate - Dec 7, 2006 (Asia Pulse via Yahoo! Asia News) - An executive briefing on real estate for Dec 7, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

Commercial Real Estate (Washington Post) - Washington Post business columnist Steven Pearlstein was online Wednesday, Dec. 6 at 11 a.m. ET to discuss the commercial real estate bubble, what the Fed may do to prick it and what will happen when it bursts.

UPDATE: US Agencies Target Commercial Real Estate Loans (Nasdaq) - WASHINGTON -(Dow Jones)- U.S. bank regulators Wednesday issued guidelines to help prevent imprudent commercial real estate lending, taking into account financial industry concerns that a draft version was too onerous.

A Slam-Dunk in Houston Real Estate (New York Times) - Ex-Houston Rockets star Hakeem Olajuwon is becoming as celebrated in Houston?s real estate circles as he was on the basketball court.

Duke Realty Announces Acquisition of Bremner Healthcare Real Estate (RedNova) - Duke Realty Corporation (NYSE:DRE) ("Duke") today announced that it has agreed in principle to acquire Bremner Healthcare Real Estate ("Bremner Healthcare"), a national healthcare development and management firm.

Rijas, $27m real estate fund (AME Info) - Pakistan's Rijas Group is to launch a $27.2m fund to invest in the Gulf region's property sector, reported Gulf News. The Rijas Real Estate Opportunities Fund I will aim for annual returns of at least 30% by investing in residential and commercial properties across the Gulf. The fund will seek a 15% yield from rental income and 20% via capital appreciation.