Homester.com Web News Archive

German Real Estate Companies Owing EU4.2 Billion Face Deadlines (Bloomberg) - March 3 (Bloomberg) -- Germany’s real estate companies are fighting for survival, with deadlines looming to refinance short-term debt that’s as much as 18 times their market capitalization while the recession erodes asset values.

SEC accuses retirement-home operator Sunwest, former CEO of fraud in real estate investments (Minneapolis-St. Paul Star Tribune) - WASHINGTON - Federal regulators on Monday accused Sunwest Management Inc., one of the nation's largest operators of assisted-living facilities, and its former chief executive of securities fraud in connection with real estate investments that turned sour.

Real estate firm doing well despite market woes (Middletown Journal) - While the housing market continues to drop, at least one real estate firm is reporting a banner year.

REAL ESTATE (St. Petersburg Times) - Residential real estate In this section you can find different offers on residential real estate from the leading real estate agencies: Apartments for all tastes: standard to luxurious, short or long terms.

Real estate tax appeals jump (Greenwich Time) - Because of the slumping real estate market, town officials say that the number of tax appeals has spiked this year in Greenwich, with more home and business owners looking for relief from declining property values.

REAL ESTATE CATALOGUE (St. Petersburg Times) - In the nearest issue you will find the latest data on commercial, residential and trade premises in St. Petersburg. Fresh information about state of real estate market, tips from the leading consulting companies and much more!

Real estate sales pick up in Greater Victoria (Victoria Times Colonist) - Home buyers stepped back into Greater Victoria’s real estate market last month to snap up 403 properties, an increase of 63 per cent from January.

Bahamas PM: Real estate deal compromised CLICO (Trinidad Express) - Bahamas Prime Minister Hubert Ingraham says CLICO (Bahamas) Ltd, a subsidiary of cash-strapped CL Financial, paid US$73.5 million in cash advances towards a real estate project in the United States that had a "reputed value of US$80 million". This, he said, "compromised its financial integrity".

2 German real estate executives could be new Developers Diversified board members (The Cleveland Plain Dealer) - German commercial real estate executives Volker Kraft and Thomas Finne could become the newest members of Developers Diversified Realty's board of directors, as part of the company's deal to sell up to a 29.8 percent stake to the Otto family....

Casey takes charge of real estate group (Fall River Herald News) - There’s a new face in charge of real estate for the City Council.