Homester.com Web News Archive

Real estate taxes to be topic of T-D's next Public Square (Richmond Times-Dispatch) - Real estate assessments are rising, making it harder for many people to pay their taxes. Should the taxes be capped or eliminated in Virginia? Is a rising assessment good? Who is hit hardest by the increases? What's a homeowner to do?

Crescent Real Estate to Sell Properties (AP via Yahoo! Finance) - Crescent Real Estate Equities has agreed to sell $550 million worth of hotel and resort real estate to investment group Walton TCC Hotel Investors.

Real estate brokerages merge (BizJournals) - David/Hicks Brokerage Inc. and Lampert Properties Inc. have merged and now go by David/Hicks & Lampert Retail Brokerage LLC, the commercial real estate companies reported Thursday.

Judge clears way for sale of Suffolk's surplus real estate (Newsday) - A federal judge has cleared the way for Suffolk officials to sell off surplus real estate worth millions of dollars after throwing out most of the claims made by controversial builder Robert Toussie that have blocked county land auctions for two years

Chesterton is real estate runaway with Sessa on Town Council (Chesterton Tribune) - Tonight's meeting, with the addition of Frank Sessa, has turned our Town into a real estate runaway.

GE Real Estate Contributes Seven Properties to Japanese REIT via JV Agreement (Commercial Property News) - GE Real Estate has agreed to sell a portfolio of two office buildings and five multi-family properties in the Tokyo area in a $309 million deal.

Moore Realty affiliates with United Country Real Estate (Moberly Monitor-Index) - March 12, 2007-KANSAS CITY, MO- Dale and Jacki Moore have recently affiliated with United Country Real Estate in Moberly. Their office, located at 308 W. Reed Street, Suite A, will now be known as United Country - Moore Realty.

Brazil Real Estate Co JHSF IPO To Debut April 2 (Nasdaq) - SAO PAULO -(Dow Jones)- Brazilian real estate company JHSF Participacoes S.A. on Thursday unveiled details of its initial public offering of shares on the Brazilian Stock Exchange, or Bovespa.

Fitch Affirms Marathon Real Estate CDO 2006-1, Ltd./LLC (Business Wire via Yahoo! Finance) - NEW YORK----Fitch affirms all classes of Marathon Real Estate CDO 2006-1, Ltd./LLC notes as follows: $520,000,000 class A-1 floating-rate at 'AAA'; $50,000,000 class A-2 floating-rate at 'AAA'; $99,000,000 class B floating-rate at 'AA'; $51,500,000 class C floating-rate at 'A+'; $16,000,000 class D floating-rate at 'A'; $14,000,000 class E floating-rate at 'A-'; $23,500,000 class F floating-rate ...

Resurrecting churches: Real estate brokers struggle to market old worship sites (Gloucester Daily Times) - Faced with a smaller congregation, the Second Church of Christ, Scientist, in Sacramento, Calif., is up for sale. Church members hired a real estate broker in December and priced their two buildings on 15,000 square feet at $1.4 million.