Homester.com Web News Archive

Southwest Business Corp. branches out into real estate (San Antonio Express-News/KENS 5) - San Antonio's Southwest Business Corp. continues to diversify its business beyond insurance by taking a majority stake in Royalton Real Estate Capital LLC.

M.T.A. Delays Improvements, Citing Drop in Real Estate Sales Taxes (New York Times) - The shortfall was chiefly caused by a sharp drop in taxes from real estate transactions, transportation authority officials said.

Real Estate Uncertainty Sparks Boom (Scoop.co.nz) - With interest rates rising, the share market falling and uncertainty plaguing the real estate market, real estate agencies and franchise groups are spending more money on relatively affordable online advertising.

Al Waab City to raise $1.3bn to finance real estate project (The Peninsula) - Doha • Al Waab City, announced that it is in the process of raising a multi-tranched financing package of $1.3bn for a $3.3bn multi-purpose real estate development in the heart of Doha.

ICD launches real estate and investment projects (Khaleej Times) - JEDDAH — The Islamic Corporation for the Development of the Private Sector (ICD), an arm of the Jeddah-based Islamic Development Bank (IDB), has reportedly launched real estate and investment projects in Saudi Arabia and various member countries.

SWBC buys majority stake in Dallas real estate investment firm (BizJournals) - An affiliate of Southwest Business Corp. (SWBC) has acquired a majority interest in Royalton Real Estate Capital LLC, a private real estate investment firm.

Vultures circle US real estate (Financial Times) - The vultures are circling US real estate, looking for high returns and low prices amid the fallout from the housing slump and the credit crisis.

Newsroom Expansions Highlight Rich Agenda at National Association of Real Estate Editors Conference (wallstreet:online AG) - A series of Newsroom Expansion Vignettes will highlight the National Association of Real Estate Editors

Real estate market slips (Aspen Daily News) - After bucking national downward trends for most of last year, the local real estate market has come down, and home prices are following.

Japan's Real Estate Markets Unlikely To Be Affected By Housing Market Slowdown, Says Fitch Ratings (Nasdaq) - (RTTNews) - Fitch Ratings, a leading rating agency, said in a special report that the ratings of Japan's major real estate markets are unlikely to be affected on account of slowing down in the housing market.