Homester.com Web News Archive

Real Estate Weekly -- March 23 (Market Watch) - During the height of the real estate boom, there seemed to be no shortage of TV programs that showed people snapping up properties, renovating them and selling for a profit. But flipping has gotten a lot harder these days in many cooling markets.

Blackstone's Real Estate Generates Higher Return Than LBO Funds (Bloomberg.com) - March 23 (Bloomberg) -- Blackstone Group LP, the leveraged buyout firm that spent about $160 billion on acquisitions during the past two decades, earns higher returns from investing in real estate than from its takeover funds.

Realize Big Returns with Real Estate (Hope Star) - (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.

Real Estate Mogul Offers Up Mansions For Poor (WKRN Nashville) - Three disadvantaged families in Hawaii are experiencing culture shock, but aren’t complaining. | | They've made a sudden move into the lifestyles of the rich and famous. | | Dorie-Ann and her five daughters greeted their benefactor outside the nearly $5 million Oahu mansion that will now be their home. | | Japanese real estate mogul Genshiro Kawamoto is opening eight of his mansions...

Carrefour's real estate prompts takeover interest (International Herald Tribune) - With interest rates low, property prices high and retail profits under pressure, aggressive investors are targeting big retail chains across Europe because their depressed stock prices don't reflect the value of their real estate holdings.

Alexis Nihon Real Estate Investment Trust Q4 & FY06 Earnings Conference Call At 10:00 AM (Nasdaq) - (RTTNews) - Alexis Nihon Real Estate Investment Trust (AN-UN.TO) CFO Rene Fortin will host a conference call at 10:00 am, to discuss about Q4 & FY06 earnings results.

Nuveen Real Estate Income Fund Establishes Equity Shelf Program (Business Wire via Yahoo! Finance) - CHICAGO----Nuveen Investments, a leading provider of diversified investment services, today announced the Nuveen Real Estate Income Fund has filed an initial registration statement to establish an equity shelf program.

Board of Neuberger Berman Real Estate Income Fund Inc. Continues to Recommend That Stockholders Reject Unsolicited ... (Business Wire via Yahoo! Finance) - NEW YORK----Neuberger Berman Real Estate Income Fund Inc. announced that yesterday its Board, after careful consideration, by the unanimous vote of the directors present, voted to continue to recommend that common stockholders reject the unsolicited tender offer by Lola Brown Trust No. 1B, which is affiliated with Stewart R.

Real Estate Guide 2007 (Bankrate.com) - National statistics are meaningful, but in real estate "location, location, location" means local trends trump all. Point your cursor at any state to see how the rates compare with the national overnight average rates. Click a state to get local mortgage rates.

Property Appraiser report reflects well on local real estate market (Jacksonville Daily Record) - Realtors and those associated with the real estate industry may claim the local real estate market has been on a bit of a slide. However, according to a report recently issued by the Duval County Property Appraiser, things are actually going very well the past 10 years.