Homester.com Web News Archive

Apollo Management Said to Buy Citigroup Real Estate Unit (Bloomberg) - March 9 (Bloomberg) -- Apollo Management LP agreed to buy Citigroup Inc.’s real estate investment unit, according to a person with knowledge of the deal.

China Real Estate 4Q profit surges on heels of IPO (AP via Yahoo! Finance) - China Real Estate Information Corp., whose U.S.-traded shares debuted in October, said Tuesday that its fourth-quarter profit rose six-fold on rising demand for its database and consulting services and the big acquisition late last year.

Attorney Richard D. Vetstein's The Massachusetts Real Estate Law Blog Cracks Top 100 List (redOrbit) - FRAMINGHAM, Mass., March 9 /PRNewswire/ -- The nationally acclaimed The Massachusetts Real Estate Law Blog created by real estate attorney Richard D.

Appeal allowed for real estate agent (Newstalk ZB via Yahoo!Xtra News) - A Wellington real estate agent has been discharged without conviction, nearly six years after misleading a buyer on price.

Citigroup Reportedly Agrees To Sell Real Estate Investment Unit To Apollo Global Management - Update (MalaysiaNews.net) - News ) reportedly agreed Tuesday to sell its real-estate investment business Citi Property Investors under Citi Holdings, to private equity firm Apollo Global Management LLC. The unit has about 65 inv...

The 4 Biggest Lies in Real Estate (MalaysiaNews.net) - Digital photos and video have been a godsend for real estate agents, homebuyers and sellers, enticing prospects to drool over images of Viking ranges, sparkling pools and lush lawns. Lately, agents ha...

Real estate agent’s appeal upheld by new Act (Scoop.co.nz) - A Wellington real estate agent, who was successfully prosecuted under section 14 of the Fair Trading Act for misleading use of a Buyer Enquiry Over price, has been discharged without conviction by the High Court following an appeal.

Prosecuted real estate agent escapes conviction (New Zealand's National Business Review) - Despite breaching the Fair Trading Act for misleading a buyer, real estate agent Tim Whitehead left the High Court without a conviction and remains a licenced agent. In 2004 Mr Whitehead advertised a Wellington property as seeking enquiries above $380,000 though the vendor wouldn’t consider less than $400,000. After a lengthy court process in 2007 Mr Whitehead was fined $7500 in the Hastings ...

Is commercial real estate the next shoe to drop? (The Daily Record) - For more than a year, economists and market-watchers have been wondering out loud whether commercial real estate is the “next shoe to drop” in the country’s ongoing economic crisis. Last month, a Congressional Oversight Panel made the issue an official worry of the U.S. government by publishing a report titled, “Commercial Real Estate Losses and [...]

Real estate firm Cornish & Carey expands to Marin, Sonoma counties (Marin Independent Journal) - Cornish & Carey Commercial, a 75-year-old real estate company headquartered in Santa Clara, has expanded to Marin and Sonoma counties, tapping as manager Marin native and longtime broker Haden Ongaro, formerly of Orion Partners Ltd.