Homester.com Web News Archive

Nontraded real estate trusts shed shady past, boast solid returns (Market Watch) - SANTA MONICA, Calif. (MarketWatch) -- Those ugly nontraded real estate investment trusts born out of the limited-partnership industry may finally be looking pretty. But who knows for how long.

Realize Big Returns with Real Estate (Wellsville Daily Reporter) - (ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days.

SABMiller Sells Pepsi Bottling Unit, Real Estate in Costa Rica (Bloomberg.com) - March 13 (Bloomberg) -- SABMiller Plc, the world's sixth- largest brewer, sold its Costa Rican Pepsi bottling unit and a share in a real estate development in the Central American country to Florida Ice & Farm Co. for $116 million.

Four Chicago Real Estate Companies Join Forces (Commercial Property News) - Three Chicago-area real estate veterans--Dave Bossy, Michael Firsel and Peter Dumon--have formed an umbrella holding company for four existing real estate operations, and as a platform for further expansion.

CB Richard Ellis 'leading' global real estate brand (Sacramento Business Journal) - CB Richard Ellis Group Inc., with offices in Sacramento, has been named the leading global brand in commercial real estate.

Deloitte & Touche Explores Real Estate Opportunities in India (Multi-Housing News) - MARCH 12, 2007 -- New York-- India may quickly be developing into the one of the world’s most promising countries for real estate investments.

CB Richard Ellis tops in commercial real estate (BizJournals) - CB Richard Ellis Group Inc., with offices in Orlando, has been named the leading global brand in commercial real estate.

Asia's Real Estate Offers Better Value Than Stocks, Faber Says (Bloomberg.com) - March 13 (Bloomberg) -- Asian real estate offers better value than property stocks because the region's equity markets are still ``vulnerable,'' said Marc Faber, an investor who predicted the U.S. stock market crash in 1987.

Out-of-town investors making mark in hot real estate market (Midland Reporter-Telegram) - Midland has looked for years for ways to diversify and bring more dollars into the community from outside sources. Now, this is happening. It is not because of a new product or marketing campaign but the oldest resource of all - real estate.

Chesterfield Real Estate Tax Cut (WRIC 8 News Richmond) - Chesterfield County authorities are cutting the real estate tax rate by five-cents, according to the Richmond Times-Dispatch . That means residents will only have to pay 99-cents per $100 of assessed value.